Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1896-08-21
SILVER IN MEXICO.
The Free Coinage of SHyer
Works Like a Charm.
City of Mexico, July %.
To the Editor of The World:

gagged IN business in the City oi
Mexico. He was driven out of the
great West OF his native country
the United States-on account of the
depression and misery brougt about
by the denomination of silver He
cannot refrai1, therefore, from fur
nishing few facts and figures TO
show that the great New York has
been misled about the effects of sill
yer recommendation in Mexico.
No one eau doubt the sincerity OF
the World, no one can question its
Democracy nor fail to recognize the
enormous power of a newspaper with
over three quarters of million Of
circulation, for good or evil; YOU
have done to humanity by your re
lentless war on trust and monopoeis
and your exposure of crime and that
you are wavering on the great ques
ton CT the day, eager 10 get at and
impart the truth, is evident to every
reader, but that your great influence
will be swung iuto line before the
close of the campaign in support of
the Democratic nominee and plat
form is here predicted
Trne, Mexico is today on free
silver basis, but instead of misery
and depression she presents to the
world condition of conspicuous
prosperity unprecedented in her his.
tory.
Her silver dollar is worth but So
cents in gold standard countries, but
thatsame silver dollar is worth 100
cents at home, and buys as much of
the native products OF her soil as it
ever did.
What has been the effect of the
gold standard countries trestinr
Mezico's dollar as bullion and refus.
ing to receive it except at bullion
value fifty three cents) today? 1t
has increased her exports and de-
creased her imports. 1t has placed
her on basis of industrial indepen
dence. 1t has resulted in an influx
OF foreign capital to develope her i'm
mensc interior RESOURCES. 1t has
caused manufacturing, mercantile
and other industrial enterprises TO
spring up all over the country, which
have given employment to thousands
OF hitherto idle workmen and afford.
Ell them an opportunity TO raise
themselves from the level of common
Mexican peon and make mechanics.
machiuist, engineers and skilled ar.
tisans out of themselves, and it has
afforded MEXICO an opportunity to
produce on her ownsoil such articles
as these gold standard countries re
fuse to sell her, except at an enor
mons premium of s. to 100 per cent,
and she is silently taking advantage
of it.
Has Mexico been clambering for a
recognition of an international metal
ratio with our countriesg No She
quietly goes on in her march pro.
gress and sells these gold standard
countries more of her products than
ever and buys less of theirs, and al
this on IA silver basis. Her mines are
being opened. Smelters and mills
are being arected, to market her lead
iron, copper, silver and gold and her
already great railroad system is be-
ing expanded to connect the Allan
tic with the Pacific. Even such veal
thy and shrewed American corpora
tions as the great "Calume and Hec
la Mining Company, with their
forty five millions controlled by an
English syndicate, after paying divi
dends of a like amount, are now
seeming to invest the bulk of this
enormous capital in Mexico.
Does the New York World call
this picture of misery aud de-
spairi
Now, as to prices of living, rent,
&c, under the silver STANDARD. A
first class hotel room can be had at
the JoYdin, Iturbade or Guardiola
three of the leading hotels in the
city, at $3.50 FER day and meals at
their respective restaurants at Sl.5O
per day, or 81 per day by the month.
Cabs, Of which there are three class
es, the first, blue sign, 81 per hour;
the second red, at seventy FIVE cents
per hour, and the third yellow, at
fifty cents per hour, and everybody
who has got more sense than money
takes a yellow bird and paws fftv