The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1896-03-10

NNAA' Al Il "llACl CJlkL
tries the silver dollar will a as much
taxes, as much public or private in.
dentednes7, as much railroad freight
aud passenger fare, 3 it yer did. and
wher9 cOGst 4 iently farm produce and
land will btIhg the same prices t1ev
formerly DID The standard O vaIue
rot having been CRITICALLY enhanced,
{ charges. as uebts aid taxes, are
nos enhanced, and the same amount Of
pFod0c6 or labor will pay them. Ia
Ih6 United States every farmer who
last year sold cotton st sven cents or
less "as contributing 2eG one halt the
value Of hI8 produce 10 the further en-
r5cQment or those already too rjtn.
The value OF cotton IL thirteen cents
ah0 upwards, and Of wheat Ona dollar
ana upwGrdS, Treasured by the value
OF the dollar when tic 0uiE OF private
and pubic indobroduo4e was createi
ara "uen official salaries and most
OIher government expenses were ragu
i2Le0. Iha loss to TIE farmers OF the
South theref ere last wear was thirty
0oiar5 par bale. or, or an estimated
crop OF several million oales Of cotton,
fuI two Luudrcd anO tan millions Of
dollars for the year 1895 on thar One
crop alone. In truth tue total amount
Ot n prot s reaptd by the C4Dlf4s.s,s
fhrouGn . Legislation when ha-
doubled the value o. JnG pubic anI
private debts held by them eCag2ers
lhe imagination AID fat;gue~ IUdsyua
Uon tp compUfo. The wonder il not
mat tharo l3 vide anrea3 end l~ut"1~able
depression th~TnuEn"G6, tee Uu. eI
States bat that we Cau EXIT ~u0derru:u
- CfAFn : EE-rr- "a Ia, v, 800 $50
~~eaIsn!est and most energetic aud m s6
patient people on the 5ac5 OF toe globe,
we should eInA u0uer Is.
We know the vide spread ruin this
Legislative enhancement Of the value
# the q liar has made in tue United
States. IJ IL welt i q COn5}der The effect
on Mexico or her wiser course OF I3J1inE
the standard Of vaius8 remain as Ii
naturally was. Ia the first place, her
farm n other pTOduc g are raised on
the silver basis and are sold in the
UllJ0J States Oh Il gold basis CJffe8,
tor instance, Is raised at q coat of III
cents IN silver, and Is sold in San Fran
cisco at twenty-five and a halS cents in
gold, tQIai to forty q cents silver.
This makes the raising Of such articles
for export very profitable. Then she
railroads. charge bG the same rate as
formerly for freight and passengers.
&. e., two or three cents per mile for
paS5engers), with the result that the
people can ship freight and travel ct
about half the cost measured in pro
duCt) as Ill the UnlCed States. Tue
railroads are prosperous, and becoming
IN re 80 each yGar. Ia Mexico only
L railroad has been in the hands of a
receiver and that only for short tune,
while in the United States nearly half
the railroads have haG to go into the
hands Of a receiver, with the cOnse
QTent loss of CaOiyal stock and the
freezing out OF holders of the EcCOnd
aud third mortgage bonds. Then, too,
the premium on gold, while amounting
to a bonus on coffee and other produce
eX1 ported to the United States, amounts
un the OCher hand to a protective tariff
of nearly ninety per cent. against the
Importation OF manufactured goods,
machines, etc, from the United States
into Mexico. The result I5 that we
nave lost a vast a j growing trade
wi b MaXic1 and the Central and South
American States What goods VIC do
sell there ara s0id by CUR Inanufacbur
ecF at far lover RACES than ct home;
EhiiA cN Oh L11NhI, uA-N : tA5 LLCIIS LlLCLIS
protection Of ninety Eer cent. manu-
factories ara sprlhglGg up all over
MexicD.
Americans, attracted by The great
prosperity prevailing In Mexico, are
20 be found every where anu II every
line OF business; aud even cur capital
lists. after f1rcIoE the pubic J0 pay
two q liars / L value fer every dgLiar
% 4Ee0 the poveramcnn, are perma
0elttiy doubling their capital bv turn
IDE MS money "a leCzad Gus OF the
American tax payers int Mexican dol
lars. AC nearly twO for enc. a:lu invest
ing as par all through Gi"XiC0. Thus
Am enteg prise auu American
capital are both Fl wing IN d IL / tide
InG0 that country TO huld il I'D, while
hcre capital IL engaged IN forcing the
government TO Issue more bonds that
the Int6reet received may find a safe
and mn taXabi3 2nvesCn6Dr, since en-
terprj4es ara no longer as profitable IL
the United StaeCs as they were under
the himetaIIia etaUdaru. The exports
OF Mexico IN 1869 wera twenty millions
Of dllIara, but n 1923 tnev had in
creased TO enc hundrtd millions. and
for 1886 il Is estimated they will be
over one A;"l E'Jy HlliLJ0e,
while imports from the United States
are falling IF. Our gold dollar b ing
convertible into two Mex can collars il
bringing IN an enormous amount Of
capital from the United States for per
m4nen6 Investment in Mexico. Il be
ing uoDrCfCabI6 to send Mexican silver
to the United States. il is beng invested
IN new e~nIerpriRe8 in Mexico. thus aid
ing II the wonderful development ard
prosperity now obtaining in tha6 coun
try. Furthermore. many wealthy
hi x;cane, having fixed incomes, for
marIy preferred to 1--we abroad In the
United States and elsewhere, but the