The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-05-22
BENEFITS OF SILVER TO
ME\lcO.

Tho following letter was written by the
Mexican Ccntral's bureau of information
to gentleman OF Los Angeles. Cal:
Dear Sir; have your favor of the eth
Inst, In which you state that you contem-
plate engaging In some branch OF the mnu.
ufacturing business IN Mexico. anu asking
my opinion as TO tho probability of the
retention OF our silver standard explaining
that some doubt has been generated In
your mind on this point by statements In
cludcd IN the lctters of various newspaper
correspondents, who have visited this
country aud announced their Views ON tho
situation aud their predictions as to the
continuation or abandonment OF our prcsen,
silver basis.
note that you particularly refer to the
ropor, Of Mr., Heath, who. as | understand
1t, was recently sent hero by the chairman
of TIVE republican National committee to
obtain theNacE IN the ease, aud thus gen
tlonanS NNtcNcnt that not ovcrNV per
cenN o{\NNleNcan people are bcnNh,cd
\ by our MNNNsN that tho banks Of Mex
leo require dcpositors 10 pay inherent on
deposits aud other equally untrue and
ridiculous assertions.
recently received clipped article from
a Cleveland Ohio, paper containing some
OF the statements which, In your letter.
You attribute TO MIR. Heath In the clipping
which speak OF they were also credited TO
Mr.. Heath, ! was at ilrs, dlsposcd TO be-
ieNo that tho gentleman had been incor-
r"etly quoted but, as have not been able
to learn OF any published denial it would
now seem to mo that the data used In the
cleveland papers article Is bona nlc
These statements are false TO ahsurdty
They even lack the vctn OF policy which
is noticeable in the reports made hy the
correspondents OF the American partisan
press who visited this country turing the
late campaign and wrote IN the Interest Of
the gold standard These gentlemen.
with the exception OF the representatives
OF tho Chicago trnd2 and labor mscmbly,
tcirained from bold statement OF alb
solu,c faleehood aud by ingenious and In
complete sets OF figures the omisSion OF
explanations Indispensable 30 an accurate
understanding Of the points under disruR-
sion, the Interrogation OF persons known
10 be enemies Df silver usually Importers
and the publication Of Interviews Quilted
10 include only statements favorable to tho
line of argument being made by the pnpors
which paid their salaries. admirably bun-
credcd IN combining the errors which usu
ally attend the observation Of the new
conner With the misleading statements OF
prclndiccd aud uninform"d persons b.
licvo, however, that Mr.. Hcl;h's report
has not yet been published IN fun. IN thel
data which ! hive already seen, purport-
Ing to have been taken from tho report.
there has been but enc correct statement
made aud that / that the per capita debt
OF Mexico r. So. while that of the United
Stntos Is over s26.
,ionoI1, a. a., - tnrnr ,,,,,,, ,'a,,nas
,,r,,m,,,,o,,, o,,,,,,, ,,,,ict, ar , v,cnstnn5
~ iIr,',s IN ,'r''ah , az Ill.,, lie,
~ ~. ~ ~, al ~ ~ 49,
rlgn CAPITALISTS and emnautS and the
IRA Of peace resultant npun the suppros-
Ia" ,,tn 10, Nv, t Nv ''n"''
,,,,,,., t ~. Nv, , ,,,,, ~,
""n 49, t"m Wy
whom a, r"'' n,,, NV" 'a ,o,,,,,,.
, ,,I,, Nv -, ~ 5d,' ",ou
~ ,' ~ WV nnt'n i,',. W., t,,N
,h ~, -" ,r,,wo ~ III
V" '" Hul"pV' wv" hu'u ~ iVsS Pil,'
ava nn',nr,,t,, r,., haa " ~ III ,,,,,,.,o5
nr,ic,cs Trn,,' III, tnnn ~, ~ IL
va,onn,a,, 81 M.,ico,s on,,om ana ,,ooi,,
industries ona Tho ,ncrsaao 4, ,hn evnortn.
lion NJ articles othor ,hon oraciana uociala
tn onrsr,,,,,r ,,o,, ,,',rohasa,, 81, ~
Moyiran nnnmfnr,uror nj tho came urton
In silver ns when gold wes M mar mud
many millions of dollars. instead Of being
exported To EUROPE. an formerly have b,on
kept at home and added TO the rnpltnl of |
the country. Cotton mills hnvo been con |
structed In all parts Of the republic. Tho |
acreage OF cotton is constantly Increasing. |
although IT Is not yet sufficient 10 sunny |
he demand. and considerable Quantities |
ire being imported from the United States
The history Of the WOODEN trade hns huon
IImoat Identical. In former years there
Mas considerable expectation Of wool to
he United States. Today ,hern Is con
lderahle importation from tho United
states TO Mexico.
While 1t Is fact Tint the Mexican dollar,
~ measured In frames, marks and pounds
tcrllng. has decreased IN value nearly ~
Yer cont, tho prices of almost orciy class
y foreign goods have also decreased In
'alne nearly 30 por cont a suit of clothes
nhhe from mo fihes, quality OF French or
english goods costs the same number OF
'eNican dollars today as n did twenty-five
cars ago or AZ amy time during that pc
lod,
Colfee plantations have risen IN value
rom sIh 10 ESQ an acre, which was the
rice when gold WAS at par, TO from $500
% $500 an acre. and their profits oorro.
This ia also true of sugar and
obacco hnciendag.
Tho nrpu,iu,, ,,, ,,atJ No.