The Goodland republic., 1898-01-07

E6zlEo - mas the DOslOA AAk1AAS
upon Il. doabtless having been
prepared as WelI as printed at the Hub
By the same men Whe are at the head I
Of Boston's gold prOpaEsnda- The
pamphlet referred TO consists Of %
pages, with q map Of Mexico and q
number Of half-tone scenes OF cities !
mills and ranches IN the country /
through which the Mexican Central
runs. OF cOurce 1t is quite eulOgistic !
OF Mexico and gives q number Of rea- /
sons why it is about the best field for
investments there is open to the mon
ey owner. The book as It tells Of the
advance Of Mexico from q mere con-
sumer for European countries in the
matter Of their products to that Of 3
prosperous, growing, self-sustaining
and industrious country in its own
right, reads almost like a tale Of the
fairies. Yet we are prepared TO believe
that it is not an eXaggeratiOn, since
nearly all the literature Of late years
upon the subject tells the same story.
But the book itself does more than re-
hearse the development and growth Of
Mexico; it tells the cause Of it, and it
is this story, relating Why Mexico has
been constantly ascending to the high
est ground Of national prosperity, that
We would call the attention Of our
readers. The wand which touched the
country and changed its degradation
and poverty to growing intelligence,
ambition and prosperity is that Of sill
yer; supplemented by legislation Of
other countries which transferred
them to the gold stzEdard columns.
1t will be noted that neither Mr.. Bryan
nor any other Of the recognized advO-
Gates Of free coinage for the United
States go so far as do these Boston
railway magnates in extOlling silver as
the wand to produce and maintain
prosperity. At page A Of the pam
phlet, under the head Of "The Cause
Of Prosperity" they make the follow
ing statements:
While Mexico's prosperity is IN
questiOnably due to a large number Of
causes, prominent among which are
the suppression Of disorder, the exten-
sion Of railroads and the liberal policy
Of the government toward foreign cap
italists and emgrants, it Is very evil
dent that her industrial growth has
been powerfully stimulated by the ex-
isting money standard
When silver and gold, as valued in
the worlds commodities, and Mexican
dollars (which are being exported to
Europe) we're sold for a less price as
measured in the currency Of the gold
standard countries, a rise in the price
of all imported articles began in Mex
| leo. From this time dates the develop
ment of Mexico's cotton and wool in
dustries, as well as the increase in the
| expectation Of articles other than the
| precious metals. The demand and the
margin Of profit for home made goods
I increased as Mexican dollars depreci-
ated. The native manufacturer en-
Iarged his operations, introduced i'm
proved machinery and began to com
pete successfully with many grades Of
imported goods.
! The consumer now purchases from
the Mexican manufacturer at the same
price in silver as when silver was at par
with gold, instead of being exported
to Europe, as formerly. Many millions
! of dollars have thus been kept at home
and added to the capital Of the
country.
Cotton mills have been constructed
in all parts Of the republic. The acre
| age of cotton is constantly increasing
but the native crop is not yet sufhci-
ent to supply the demand, and large
quantities of cotton are imported from
the United States.
The history of the wooden trade has
been almost identical with that Of
cotton.
The Mexican manufacturer Of wool
ems produces now a very good article
although he cannot yet compete with
the finer fabrics Of France and Eng
land. In former years there was {
| considerable expectation Of it TO the
United States; now there is considerable
/ DOEEaIAOA "a ~ AAOL- LIZ - ----S-
States into Mexico.
While it is true that the Mexican
dollar, as measured in francs, marks
or pounds sterling, has decreased II
value nearly 80 per cent, it is also true
that prices of nearly every class o
foreign goods have also decreased 8
| per cent. A suit of clothes made from
the finest quality Of imported goods
costs only the same number Of MeXi
can silver dollars to day that it COS
. years ago
Note also the efest on real estate
Coffee plantations have risen in value
from SO to $50 an acre, the price wheI
gold was at par with silver, to 800 K
$500 an acre. The annual profits o
these plantations have risen from 81
or 50 an acre to from $50 to sI5O al
acre. Similar advances are true ais
in sugar and tobacco hsciendas.