The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-29
AS TO MEXICAN PPOSpro','
indianapolis sen,Ipe,

~ - uouDWui that thu u,s-,.
sented Two such contrastins : EYER M
the results OF economic pictures Z
now presented by the gold , y. = Y
standard nations--the United a.. aaa 'lse
Britain France and Germapy~' s..s o's,
advantage OF education r,,,,. 'ho every
i manu- skill and everytA,,i D'ss'
uraily conducting to make n.o sS'ns nat
porous are all creeping alons , pros
aitions OF hardship, WATCHING !, 4.us' coa.
TOT some indication of return,. ..siy tn,
perity," trying experiments !. us Pros
oounties to stimulate their inans s''as aad
their industrial leaders co,ns,s ''es' ed
,sa ae special privileges on a. y ~
'nat they must reduce expense .ae Pc
crease profits to live. Comipy 49,. aug ~
IN the scale we find Spain, Italy ~. go
practically bankrupt. Rnss,. au ulests
rival of the United States IN ~. ae oily
sources. has advanced in ipap..a n
preston and poverty until her MI. 'a e
today starving to death by bura ss,pe AZ
Key is financially ruined ana surv,r :. iui-
by tolerance, while Egypt il nr.s IL 10y
foreclosed upon for debt. oro
down and we lind Argentina NJ. M1
Chile hopeless failures in Their 49, w. y
esuu goiu standard. fastened !.
TSa mrs Vi appreciated paper curs.. ~
h ne sosns grant, Japan. so full OF pros,s!,
, u. rev nontns back, has reyersss i,
neI ecnultlohs since adopting ths a ~ ~
al.t ana now suffers both inSn.ssrs,.,,
~ 1919 1sa a ana embarrassment Of a.. :"
tlonal finances. India. the ,ye., ~ ~, wi IA. |
most productive Of colonies , a. and
such straits that all classes a- .su s, 70 |
ing Tor the restoration OF siIver slsno'' |
people. enfeeblod by staryat,or sua nsr
from gold standard conditions a .su'.lus
belng swept away by thousands X. -" ~ los
bonnie plague, which commonlv ~, M, y.
the trail of famine. iohoss
what pleasure to turn from sus, i.
lures OF high civilization to poor IA Z.
headed ldiotic Mexico and note bov !, &.
sists In being prosperous beyond m..
in spite of its dishonest and anareb.,.
money standard. The government sn,,.
are in SPLENDID condition. grass,,,.g,
current number says of them;
The prevailing conditions were rsa...
ca In surplus of revenue over expendI,,,,
IN the last fiscal year. After mestins ~ |
tne Ordinary demands on the admluislra.
tlcn and paying out of the ordinary h.
come certain extraordinary expenditure.
autnoIizeu curing the year, amounting Il
over SoVo'ooo, the department Of auauss
recorded surplus of nearly $1,000 900. n,
tne present hscal year the outlook Il even
mere satisfactory, for during tho a.,
halt Of the year, that Is, In Tho uoa.ss
from July to December. 1898 ira s,,s
revenue from normal sources eycsssss
S2S,OC0,00U, or $2,50O,O00 more Than ~
amount collected in the Correspond,
period of the preceding year"
But this Is not all. Mexican securtis,
are going up, even in the most pronounced
gold standard quarters. and THE recsr,
admission and favorable reception accord,
ed in the markets of Holland Belgium
Germany and France to certain securities
OF the republic. which on account Of th.lr
being payable in silver. and not being
protected by special guarantees. had lot
hitherto been so readily marketable as N
others, are regarded as proofs OF the u.
creasing credit of the Mexican funds
abroad" Remarkable, isn't 1t? But hs
prosperity is not merely governmental
Even the farmers are prosperous IN Nsl.
leo, for Bradstreet's says:
1t appears from information furnished
by the State governments to the depart
ment OF announcement that the value Of
agricultural products raised in the yeif
1897 was 1921. 800 900 in round numbers, cf
an increase of $50. 100000 over the valsa
OF the like products in the preceding
year. The exports of agricultural produces
in the first seven months Of the present
fiscal year were valued at $2l,l56VO0, 81
increase of $1,000, 900 over the value Of
the like exports in the corresponding p.'
Rod of the fiscal year preceding. Notable
progress is also being achieved BY lhl
manufacturing industry. An indication o.
this is found in the number OF cogces'
slons granted for the utilization for mo-
tive power purposes OF water courses SUD
ject to Federal jurisdiction, which nav
led to the establishment Of large factories
Coupled with this feature must be mea'
toned the Increased importations OF mi.
chlnery and explorations OF Manufacture
products. The value of the machinery III,
ported during the first seven months
the current fiscal year was AlH0M
which exceeded by s6S0,0O0 the yaue
the importations of machinery. In the CO..
responding period OF the fiscal year lsl'
9S. On the other hand, the eSpoTlslpa
OF manufactured products In the frsl se's'
months of the current fiscal year exceta.
ed those for the corresponding hscsi ""
preceding by over 100000.
And everything else is moving along
like manner. Railroads and teles'sP4
lines are being built In all dlrect0us
Education lis being diftused through
splendid system of public schools y
dividual freedom is so complete tna' "
civilized Indians of the United states =,
leaving Indian Territory in droves ~,
making homes in Mexico, Foreign eap XIV
is coming from gold standard COUNT.
In all directions TO seek profitaole ~ ~
ment under the dishonest STANDARD e..
yet there are people who sec all ~
things and still imagine that j. Laul ~, {
Laughlin and Lyman 7. Gage are -
financial 1iphtst q