The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1898-06-23
GOLD STANDARD OR THE DOUBLE
India, Chile and Japan Compared With
Mexico.

India, Chile and Japan Compared With
Mexico.
1t is great mistake to suppose that
gold is necessary in order to make
people happy and prosperous and to
carry on a foreign trade. In silver
countries when gold there is at prem
ium production is greatly stimulated
thereby.
India has suffered in every way, and
continues to suffer since silver
coinage was suspended, Ruin and sui.
fering have overtaken her people, and
her foreign debt has much increased,
and as Senator Stewart says, "millions
of her people have starved to death for
want Of money to buy food, although
there was an abundance Of rice to be had
for cent pound and plenty of wheat
in the market at less price than the
cost of production in this country"
Chile and Japan are going through a
similar ordeal, suffering also the miseries
of financial depression from their en-.
deavoring to establish the gold standard.
Mexico however, with her Hints open
to gold and silver has not suffered, and
is prosperous. These facts should en-
tighten and convince, to say nothing of
our own experience.
Upon this question we extract from
the Akron Democrat:
Very likely our readers have noted an
advertisement in this and the two pre-
ceding issues in which Mr.. II. A. Robin
son, formerly of Akron, offers employ
ment to skilled sewer pipe workmen il
they will come to his big factory in
Mexico. Mr.. Robinson was gold Re-
publican before he went to Mexico, but
upon visiting that country, and noting
the great advantages it possesses over
single gold standard countries, he at
once began careful study of the causes
and is today an ardent bin matallist AS
a business man, doing business in
Mexico, his statement concerning that
country's real prosperity is strangely in
contrast with the bugaboos launched by
gold monometallists in recent cam
paigns.
Mr.. Robinson stated that "Mexican
money will go as far for domestic pur-
poses in Mexico as American money will
90 in the United States"
He shows that Mexico, unlike America,
has not suffered from roinous currency
contraction, increasing the purchasing
power of the dollar at the expense OF
every producer. The trend Of general
prices ia upward, not downward, and
thus home production is stimulated.
And in addition to this, the fact that
gold is at premium acts as a protective
tariff to still further stimulate home
manufacturing and productioninMexico
This is why Mexico prospers and will
continue to prosper; and an argument
why the United States, with unlimited
resources, should speedily emulate her
example and share in her prosperity.
Read Mr.. Robinson's letter:
La COMPANlA MEXlCANA
MANUFACTURED de BARRO,
Mexico, ID. +. June 8, 1898.
Messrs. Sauder & Rogers, Akron, o.
Gentlemen: II not too much trouble,
would be greatly Obliged if you would
have the enclosed advertisement given
six insertions in the Daily Democrat.
am greatly hampered in getting com
petent foremen, by the fact that some
unscrupulous manufacturers misrepre.
sent Mexico to their men, and thus pre-
vent them from coming here.
We already have seven Americans
here at work In our factory, and they
are very much pleased with the country,
it's climate, the factory. and are also
very enthusiastic about their entiie ex-