The Hawaiian gazette., 1900-10-12

ii - 49, 49, ------
50 cents In American money and the duty
and transportation across the line Moth
ing Suppose -four on the American s.de
is worth 81 a sack. which Will be 50 IN
Mexican money on the other side OF the
lire. Suppose there In on the Mexican
side n Touring mill running on Mexican
wheat raised right there. At what price
will that miller sell that -four to his be-
| loved countrymen In their own money
| Call up your twelve-year-o boy and he
will tell you that n the miller should cell
n to them for anything less than II would
bring across the line In American money
, they could just pack II across the line
themselves and sell Il and thus make the
/ profit that the miller might have made
\ II the boy has heen q clerk In a country
I store few weeks he will know business
enough to tell you that the miller VIII
discount the American price just enough
- catch the business and no more, and
that the price in Mexican money would
be almost " not quite 50. although the
cost OF producing and grinding II should
be only two bits. The miller Is not going
to be patriotic enough to give his coun-
trymen the profit that he can as well
make himself.
"And how far from the line will this
&C ndltion OF things continue? The boy
need not be over 20 TO tell you, after n
little reflection, that II WIN continue Just
az far from the line Bs the duty and cost
OF transportation win permit n profit. For
coffee, chocolate and other Fuch products
OF Mexico duty and transportation will he
no slight compared with the value of the
article that the rule will hold all over
the Republic.
Let us now suppose that you are In
business and buying goods on time. IL
the money of your country Is below the
par OF the worlds money II Is almost GER
tain to he fuctuatinR. II so, you don't
propose to he left loser when you come
TO settle with the parties from whom you
have bought; nor do you propose to cell
your goods too cheap II the price Is likely
to rise. Everything that Is the subject
of export as well as import Will be affect
ed by any fIuctuation. Suppose II f. like
ly to be as high as per cent. VIII you
add just per cent to the price Of your
gcods7 Or will you not make II 10 SO as
to be certain, just as the money lender
does In figuring on the taxes on a mort
gage in California?
Elm every country having its ports open
to the world everything that can be .ex-
ported as well as things imported Is
bound to bear the worlds price in the
" orld's money. less the duty and the
II the money of that
is below par and fuctuating,
every man who deals in those articles will
Increase his profit enough to insure
against that fuctuation.
THE consequence is that In Mexico
prices run about as follows: With the
dollar worth. say. just 50 cents In gold.
he price of anything that In the United
States would be a dollar will in Mexico |!
re from two and a quarter to three dol |
Grs. And this seems to affect everything =,
hat can be exported whether 1t actually |
s or not. Thus in Guaymas last spring |
brown Mexican beans were cents n
pound, when at tho same time they were
advertised in the Los Angeles stores at
nine pounds for a quarter. Sugar was IA
cents (unrefined). coffee S. chocolate
best kind $l.50, chewing gum is cents. !
Los Angeles papers the same, and import |
ID stun of all kinds on much the same
,asis.
IAN but labor. Farm laborers got Son
and boarded themselves: school
eachers. $40 to $50 a month. Mexican mon
": clerks and bookkeepers, about the
anne. But products of labor not the sub
Get of export. like fish and oysters bore
he price of labor. and in Mexican money |
we're about one-half the price of ours |
here in our money. No wonder Mr.. Bry- |
An has never mentioned Mexico since he
went there to make n study OF the great
advantages of a silver basis"
Upon this showing the application OF |
6 to in Hawaii would raise the cost |
" living and lower incomes of people |
Who merely have their services for sale. |
People who want that result to come |
success In the National |
elections. but no others will feel like |
ioing 1t.