Iron County register., 1896-10-15
FACTS coNcEaNINo MExIco.
The Truth About Her condffion Finan-
ciaIly and Commercially.

4 GE@A1Y anu G001u&hCk&ARya
It is contended by the advocates of
the gold standard that Mexico is in q
depIorable state OF decay, especially
financially and commercially, because
she has free silver coinage, and that If
the people of the United States were to
retrogTade In these respects as the
Mexicans we would soon be as low
down IN the scale of civilization as
Turkey, one of their gold standard
| countries.
Now, we viii draw some comparisons
by using official figures from these
countries, showing their import and
export trade, which is the best index
to acountry's condition, what it is doing
and the prosperity and happiness of its
people.
GGnnsf Gnlted statesiss xfsE ss6s sg45s s Ss
| Mexico .:..:....--1 -1SS1 e. 81, lo2 sl.aj5eso .
Mexico iss5 ......-....iss5 so.S54.s5S S4.f0l. .2s5
It viii be seen that while the United
States received for her exports in 1895
| S94, ,e39, ,1s1 less than she did in 1881 (al-
though she sold nearly double the guam
titles of products), and in the same
time Mexico sold and received therefor
nearly nine times as much in gold, or
IS times as much in silver, and every
dollar OF this silver is legal tender in
payment of all debts, public and private.
The debtor with it paid his taxes, in
terest, mortgage, notes, custom duties,
postage, railroad fare, hotel bills, etc, it
being worth as much as it ever was in
purchasing power both in the hantS of
debtors and creditors. The laboGer
buys as much with Mexican dollar to-
day as he bought 20 years ago, and the
farmer sells his products for about the
same prices in it that he did 20 years ago,
and in fact all the time before and since.
Again, while the United States has
been made to pay for the foreign goods
. she bought $50 ,3O5, ,337 more in 1895
than. she paid in 1881, nearly Il per
cent, still Mexico paid only S2,3S6, ,195,
or little more than seven per cent.
Or, in other words, while we with an i'm
creased population of about so per cent.
have sold about double the products
and received therefor nearly 500, ,0o0,-
900 less than in 1881, Mexico has in
creased her export products and her
cash income therefrom in gold nearly
900 per cent, or in her silver dollars
500 per cent. While the United States
cannot produce enough each year to
pay for her imports and interest on her
indebtedness abroad by reason of the
ruinous low prices under the gold
standard, and is therefore retrograding
and is borrowing from Europe each
year to pay balances and interest, Mex
leo is selling abroad nearly three times
as much as she buys, and this gives her
nearly GO per cent. net cash IL gold of
all her foreign trade &c invest at home
in enriching herself and in building
cotton, woolen, paper, iron and other
textile mills, railroads, churches,
schools, colleges, etc., and tie conse-
quence is, as her noble and patriotic
President Diaz wrote to the New York
Journal: 1.-THE demand for skilled la
Dor has grown with the great increase
in the number of mills and manufac-
lures. This demand in all branches of
labor is strong" He says further:
"While our material interests have in
creased steadily and healthfully for the
last 20 years since the closing of the
Indian mints and the repeal of the
Sherman law, so-called, in the United
States, the growth of Mexico's CONNER
cial and Industrial interest has been
particularly marked. The consequent
appreciation in the price of gold and
the increase in exchange between Mex.
leo and the gold standard countries at
once opeMted to reduce importations
and stimulate home manufactures"
There is not an idle man in Mexico
except through choice, and working
men are receiving good and satisfactory
wages, and are contented and happy in
this free silver country, while in the
gold standard United States 5000, 900
of enforced idle workingmen are trans
formed into humiliated tramps, who
are unable TO procure work at any
price.
The United States, with her boasted
civilization, Christianity and COM
merce, is running lower in the scale of
each, year by year, following in deep
humiliation at the heels of the British
like chained dog in the NANCY pack
composed of Turkey, Egypt, Italy,
Portugal, etc., while Mexico is steadily
going to the front with the most pros
peroGs countries of the world, such as
France, Japan, Russia and Belgium, all |
of them silver and gold-using countries. |
j. W. Goldsmith, in Atlanta consti- |
tuition.