The morning times. [volume] (Washington, D.C.) 1895-1897, 1896-07-20
The second lot Of foreign black
dress stuff secured from the fire
sale goes on sale Today. Bigger
values than ever. Sundays Times
told of them.
Goldenberg's,
O26.028 9TH = 700 K st.
SHORTER SILVER CATECHISM.

Mexico has been d siiyer-standard
country Tor Iour centuries What IS It's
present monetary condition?
A. II Is on d SILVER kpecie basis Ten
banks Issue notes go Az 900 IN all Ilro
specie tsiiverl reserve TO pay them -
go, oOv,OO0. There is $l5,GCO.O1O ID
silver dollars in Calculation, and the ooun-
try has aDout $55,OOU,oU0 OF money IN
use, ccantlng in goid and subsidiary silver.
The popuiatiun is IL, 100000 $3.50 per
capita. There are 10 government notes
V.-Ehat has becoHIe Ur the $3,32l,-
CUv,U coined by It's eleven mints?
All has been exported as last as it
was coined, as bullion, To pay Tor imports,
at its commercial price s tuilioD.
O. " hat Is d Ae1Ican dollar equal To
in our silver coinage?
A.. $IU94. II contains 4G6 SO grains
Of line silver; ours 37l.2o.
What is IL W orth III Mexico in goldP
a. Exactly 5S cents when silver is
worth IS cents per ounce, as bullion; and
I IS cents for a legal tender 8 cents being
the cost Of coinage. 1t iIuctuates from
day TO day as tar silver nGctuates in Lou
don.
Q.-Then n Mexican silver dollar is
worth 10 more in Mexico than il is any
where else in the world-its market price
as bullion?
A.-Yes, cents-the cost OF coinage.
II has no fiat value in Mexico.
Q.-Then It's practical free and unlin-
tied coinage adds nothing to its value?
A.-only the legal tender fiat value in
Mexico OF cents over the bullion value.
If free coined this would disappear and
1t would only be worth in Mexico its
weight In silver.
Q.-What is the cost OF living in the
City of Mexico9
A About one fourth more than in
New York city--in Mexican money. Hotel
rates are So per day. Cabs cost 81 80
per hour. Street car fares are Ia cents.
Rents are higher than in New York city;
board is dearer; restaurant meals cost
more.
Q--Wbdt is the cost of food?
A.-Fiour, 1-2 cents; sugar, 10 cents;
beef. q IL cents; pork. l-2 cents: cof-
fee, "a cents; tea tcheapestl, 81; cheese,
% cents. All staples imported cost gold
prices in addition to duties.
Q.-How much OF this Mexican silver
money can man earn?
A--Ihe street car companies pay con-
ductors, drivers, sand collectors from 90
cents to 81 per day. The highest wagcs
paid blacksinilhs, is $3.50; bookbinders,
81 ;carpenters, 81 so; engine-drivers, ST. sc;
harncss-ina kers. hatters, locksrniths. silver
smiths, plumbers, and turner's. 81; ma
chinists, S1.75; briekia yers, stone cutters,
house painters, SIPS. Many work FOR
half these rates.
Q.--Ihtn the Cost OF living is much higher
aud wages of craftsmen much lower than
with u.s.
A.-Deci1ediy- A craftsman in Mexico
receives pra cticully one-half American
wages, and his living in the same way as
here costs much more.
Q.-HOw is it with laborers?
A.-TBey get from 81 I-2 cents to 80
cents per day in this Mexican silver money.
Q.-Aud how do they live?
AT loss expense than farm horse
Ia New England. and not so WE'LL j ohm
Bigeow nnce remarked. THE laboring
classes" says a Mexican newspaper, .'re-
gard themselves as plant, which moves by
extrareous aids only, ard has no power OF
voii'iun and no desire to exercise it IL IL
had."-New York World.