New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-01-31
BRYAN'S VIEWS OF MEXICO.
HIS OBSERVATIONS ON SILVER SHARPLY
CRITICISED.
HOW THE PROSPERITY OF THE COUNTRY HAS
BEEN BROUGHT ARour-THE WISE GOV
EMINENT or PRESIDENT D1Az-
SILVER HAS LITTLE TO DO
WITH The CASE
WITH The CASE.
tBY TELEGRAPH To THE TRrBrSE.1

IN Mexico and On the border j. a. Si"''h' H"''
az THE vi Paso cTex) Daily Herald one "' nc
few Republicar dajllos OF the South. who Is now
in Washington criiicses good many OF an
Rryan's statements and conclusions. basiAg ms
criticism upon thirteen years OBSERVATION o' d"
fairs in Mexico
II cannot agree with Nj Rryans conclusions.
says Mr.. Smith and think he Is mistaken ~
some OF the assertions which he makes In Ma
article recently published In various he"sp'p',
throughout the country. have read hia a'"oI'
carefully. paying particular attention 20 '"'' p",
Of Il which treats OF the effect OF the SILVER s'a"'
ard ~, tho nrosneritv OF the country Living on
tho border FOR the last thirteen years. during hVe
OF which was engaged In importing from an" ~
porting 20 that country and spending TWO "'h'e.s
| IN the TERRA Calente have acquired an i's's"'
into Mexico and feel able 10 judge IN a h'asu'.
Of the conditions OF which Mt Bryan speaks anu
their ,
Mr. Bryan's letter presents htte historical
review. of Mexico which every Traveller VINO 's'S
that country can purchase for sniaH sum u"'
when he leaves off his historical effort ana taxes
m .,a suvor question he deceives his readers. az
Gar az they are willing to be deceived. lie tells
us that after comparison with other mone'a's
systems Of the world. Mexico Is not "inihs ~ s',
IN the silver standard. and he tries 10 edu US y.
believe that the main cause OF her prosperity i
this standard and mentions as minor cause '''
.~,a reason WHY Mexico is enjoying a TAR de-
gree Of prosperity which Is her wise Government
headed by President Diaz. But with al the p'os
peritv that Mexico can boast or 'here - "o az
varcer,ent that has not been surpassed IN many
parts Of the United states s'nOe ''o
the gold standard 49,
"Niexicos prosperity has been brought apou' o'
President Dlaz in giving large CONCESSIONS 10 pr
mote railroads and manufacturing. MI b's 't
may remember that the Republican party ehac,eu
emo LEGISLATION Of this sort just after the Nv"
W ard that his class Of politicians told the peo
Mo that the country therefore going 10 rum
right away Now he and others are crying ~ -Ne
ne back those good old days when Inc cou''"' Va"
t,a 20 raduce its public debt at rapid rate ana
have surplus. all brought around by pa'e"'ai
legislation. which is bringing the same thins 10
Mexico to-day - -.
Mexico 4, Is true Is silver basis. bur not
because as Mr. Bryan saws she has measur"n IN,
svsten, by that Of other nations MI btNd" W"
tncus that Mexico has produced more silver than
any other country IN the world lie KNOWS '"f'
che has exported that silver so closely that even
AZ its present low price she has not TWO years
nroduc,ion within her borders He knows that she
only coins about one-third OF her production ~
krows that she produces no GOLD pIacucanN
enoakne. that she never attempted doupie
.a,6srd and he ought 70 know that the low price
If silver works such hardship In the way o. *
change that she would 60 on a gold basis a. soon
as she could prepare fer the change II she u'" iV
hone that the people Of the United states tnroush
the agitation OF Mr.. Bryan and others "ou'd auop'
an enabling act. which would give Mexico chahc'
n exchange silver mined by cheap labor Tor inc
many commodities the Mexican people need from
this country.
MIR BRYAN states IN the opening sentence ~ MS
ninth proposition that the free coinage OF s'i'e'
entirely satisfactory 10 the people OF MeH'oo anu
closes the proposition by saying that they ooula
adopt gold standard II they desired 10 90 So anu
that no considerable number OF them wls "a -
abandon silver Is It any wo pd sr n deprecs,e
70 some extent their greatest export prodct sker
nm let another scare reach them Ike thdt OF ~
u-iil
number will swell 70 embrace every tradesIi1h n.
The entire commercial interests, and you VIII near
Of Mexico negotiating for gold upon which 10 pdse
ong sooHnt OF her SILVER standard that could
oe apPsGaS " protetiion and this he Acknowledges
Mexico is anxious 10 give up FOR stedS! "a ~
shnud pass IN enabling act for her henefit wngn
he is agistns The Mexican Goveti,'e i - on h,,
premium, J nor backward about such legisa ton.
5e laws The large revenue Of which ne speaks
me a. bi nrod,,cs upon silver basis. and market
rbem for gold fully met by the ploposliol, I,s
he neopje there want the United Staies to eglsse
tbcir none and chief product silver 10 par NH
currency whfn gaG25 Of our cold as money
ana depre cao2 Of our currency o 70 are able
70 deceive people into passing free-'oi"aso Id"
doNrde nj labor Of the Far West with the wages OF
the former slave states might nav ,b horinf,
oy d' 81 HcSico which while improved in the
last quarter 81 ,en re coming to us annually
snd fgurafivelv speaking are thilNlhs VI, ~
crumbs M w romparison OF ngli.hspesking PEG.
BE going Mexico with th9s. VINO 70 10 nney
,a nd over that OF our northern neighbor ior
with gold sds snGnrne share of which IS from
WHXieo Did MI Bryan md any unski,lied Amei ar
,b", he received a request from them lot ihe piSe
Of a meal The building ana operating Ul ram, oduH
ma crested demand for skilled laborers but II
Mr.. Bryan met any OF tne" Tno ed ' thai they
Tpected 70 spend the rest Of their lives there me
never in nv experience known a single case oil that
KING would have been well for Mr. Bryan to explain
how so much prosperity could exist on "A circuid-
ton of $ 10 per oapltS o. wbnb not garaneed
SSSP,be C;oyernment while he and his friends are
CRYING that - 40 circulation per capita ~ siincr
I'D nearly twice that much in gold ana paper
Guaranteed by our Government IS not enousu 10
,no in tn. face Of fact that our country does
30 per cent or business Dy ~ e% cent in ibst
manu- MAUI did Mr. Bryan not tell his readers that for
49, ny u of being able to export their silver
49, o closely The Government allows their banks
,peir capital and deposits not of a confidential
ccharacter? In exchange for this the banks ioai
Sg cent interest II the silver standard is OF sucn
naSs per interest while our 8 per cent pohus
ar AT . premium? 49,, ~ To.
s ~ the situation in Mexico favorable to The free
1 Unlimited coinage Of silver except by interna
a iro agrcemenf 10 which the Republican party
~ f,pIlv pledged. That Mr.. Bryan has by his three
49, ,rin strengthened his convictions In that di-
rartiou is proof 10 me that those convictions are
,ormed on a false basis.
GENEVA GOES BACK TO GAS AND OIL.
r,ors y T. Jan 3).-Justice Dunwell yesterday
nno,n,ed James y. Johnston referee TO sell the
sanchise and property OF the Geneva Brush Elec-
49,, tt.b, and Power Company. to satisfy claim