Butler citizen. [volume] (Butler, Pa.) 1877-1922, 1896-10-01
No.39

den. ant ~ v clnIYu that the free coinage
OF llyer would lessen the-use of Wall
str.et. Nfr ne whole population Of the
Cnitcd Strr" " we are on silver basis,
would 10 compelled 70 look at the London
quotations oi silver rs cabled to Wall
street before "A single transaction could be
. made any day without running the risk
OF loss
In India il i the same as in Japan The
rupee originally : worth so or 80 cents;
today IL Is approximately worth 80 or 80
ccnts, and some days IL is down to 20 cents
or up 20 - cents Prices there for food
/ products are no higher now than before
! the decline in silver took place. they be-
ing governed by the size Of the crops, de-
pendent upon the quantity of rain that
falls during the wet season. Railway
fares are the same, and the price Of an
ocean passage to England is invariably
the same number of rupees The railroad
and the stearnsphip companies cannot
raise their rates, but the traveller who
comes from gold standard country can
buy his passage for just about one-haN
what was formally charged.
good coachman can be had in Bonn
bay for 10 rupees, or, say, g 20, per month,
and an excellent house servant and cou-
rier for rupee, or 80 cents per day, with
Gn allowance of 'annas, or s ccnts, a
day for his food, and those house servants
constitute the highest paid class u labor
in India. These servants are alw.yS men,
and they commence their days du.;es by
bringing their masters ''chota ha2ri," or
early breakfast at 7o'clock in the mora
ing. They help you dress and then pro-
ceed TO wait upon the table, act as inter
prefer during your ride, brush your clothes
or pipe clay your torpee hat when you re-
turn and follo,c you around like faith
ful dog on every occasion, pack yoar
trunk, keep Off the horde of beggars that
hourly annoy you, and when at night yea
retire they curl themselves up in th<nr
blankets and sleep on the mat OUTSIDE
your door, ready to answer your call. This
is fair example of the best paid class Of
native labor in India.
The English soldiers in India, Of whom
there are 100000 and over, bitterly COM
plain that their wages, as now received
in rupees, will not permit them to keep
ehtlI III ESflfgituU dS Juoy ubtu 10
do before the depreciation took place, and
are loudly clamoring for a compensation
allowance to make their depreeiated
wages equivalent to what they formerly
received They claim that while they are
paid the same number of rupees per month
as formerly, yet 1t will buy in England
only one-half of what 1t usedr-to buy.
This is exactly what would occur to every
salaried man, woman or child in this
country II the free coinage Of silver policy
prevailed Salaries might remain the
same, but one-half of the ability of those
salaries to buy coffee, tea, sugar and all
imported articles would be gone.
Last year there was imported into the
United States about $7s6,oOo,o00 worth
of products which could be classed as ne
cessaries, and all these things had to be
paid for in gold or in exports at gold
prices. Now, the price of wheat is gov
erned by the London quotation in Mark
lane, consequent upon the supply and
crop reports received from the Argentine
Republic India and Russia as well as our
west. Now, therefore, II business is dis
uiIaiiSSi III lilio COunbTy uifbb bucrc drO
thousands OF men out of work and those
who are at work get paid in deprecated
currency those men cannot afford to be az
large consumers Of the farmers wheat
and pork as they would otherwise be. The
farmer, therefore would then have moro
of wheat and pork on hand than he now
has, and hence, II normal crops prevailed,
the price would In all probability decline,
as greater quantity would be offered in
Mark lane. Thus he would probably get
less for his labor in deprecated currency
under silver than he does now, and so
have less purchasing power wherewith to
buy his coffee, his sugar, his tea and his
tobacco, and most of those articles con-
ing from countries that demand gold in
payment.-Ernest R. Ackerman In New
York Sun