Show RUSSIAS FINANCES A Report From BrecUlnrldfje Requested Re-quested lay Olner WASHINGTON D C Oct 29In answer an-swer to the state department circular calling for Information as to money ad wages In foreign countries United States Minister Brecklnridge at St Petersburg has submitted a very elaborate report ont the Russian financial system and Its workings He shows that the status has been for many years fluctuating paper measured externally in terms of gold The per capita circulation is about 55 The coinage of silver on private account was stopped In 1S93 and an extensive redemption redemp-tion scheme Is about to be put In operation opera-tion to carry out which the government has accumulated a sum of gold about equal to 550000COO gold roubles The paper pa-per rouble now valued at 6 cents gold will b redeemable at a special gold calm of the same value Silver will be given a large field of employment but Its coinage coin-age will be upon the account of the government gov-ernment and it will be kept at par with gold p goldPRCCA EFFECT Concerning the practical effect of the existing currency on manufacturing Industries In-dustries and the rates of labor the minister min-ister submits data which he says will enable the subject to be viewed from different dif-ferent points of view Manufacturers have long been stimulated by a protective tariff as well as by the ability of the manufacturers to pay their workmen approximately ap-proximately the old scale of wages ap 1 the cheaper money of the present system sys-tem Still the growth of manufactures while considerable has not been as marked as would be expected from these advantages advan-tages though in lines most congenial to the people the growth has been great and the profits enormous Mr Brecklnrldge sees no reason to question that if this growth of the manufactures manu-factures still continues there must be a marked Increase for a longtime long-time to come under the present policy The workmen however did not participate partici-pate appreciably In these benefits bestowed bestow-ed upon these Industries Not a word Is heard favorable to the condition of agriculture ag-riculture the universal testimony Is oC extreme depression and the wages of the agricultural laborers have been in the main a downward tendency As to factory fac-tory wages the minister after submitting submit-ting copious official table remarks that wags In Russia have undergone little or no change for 3 years and there Is no record of their being affected by the great changes in the purchasing power of th6 paper rouble the medium of payment pay-ment Wages In England and America are respectively 124 and 3 per cent higher than in Russia and wages In Russia Rus-sia are still further reduced by fines imposed Im-posed upon working men LOOKING BACKWARD Mr Brecklnrldge says Russia as a nation has during a long period of peace steadily grown In population and In I wealth How much faster she might have grown and how much more equally the I products of labor might have been distributed dis-tributed had she enjoyed during all this period a good currency conforming to a I stable standard of value and bad tho channels of both domestic and fore t trde been less neglected from their natural nat-ural laws and courses Is a matter oC sneoulatlon Into which I do not enter I Nor do I attempt to say to what extent the failure here of a depreciated currency to transmi its expansion to the vast interests I I country In-terests enumerated would prevail In out o |