| Show PROGRESSIVE MEXICO i i. i iF V F jj Nevin 0 Winter in tiLe the World Today tells of of the C the progress of Mexico since Diaz became cut One paragraph reads reads as follows K j The establishment of the gold standard in r did more than tJan anything else to place firmly f lC government finances on a sound footing al although al- al though for ten years ears there has been a comfortable lo 0 ever every every year rear S 4 f Isow Kow if Mr 1 Winter Vinter were to tr try to explain in jn chat tha way war the gold standard has has' helped Mexico he X j uld within three minutes be o as speechless as a Chicken with the pip Bec use Beer use of the V tW fon of silver er Mexico has lost in the past thirty SS i wears She prospered exceed exceed- t ears quite luite 5 f iV through the HIe twenty years of depression which tho te United States passed through from 1877 to J because she bhe clung to her old standard of sil- sil 1 er cr And her mighty transformation is more due f to that fact than any other Even today todar her gold standard eOl counts only in ill making settlements with foreign powers Her lIeI laborers are all paid in silver c all ll her retail trade is carried earrie-d on with silver her herS S debts were all paid in silver siler her credit which yas twenty five years ago was restored and a surplus was gained in silver her railroads 1 4 up lip to five years ago were built with silver and the i truth should be e stated this way ar The prosperity which has transformed Mexico in the past twenty- twenty five years was made possible with silver in spite of the gold standard adopted by outside nations t When the finances of Germany were in a des- des ate state when the highest officers of the Brith Brit Brit- h 1 government feared th that t the pressure upon them l cause ause the commercial capital of the world tp to pass to some some other country nUi Unit Unit- nit nit- Ld States in 95 94 was in the very crisis of panic arid and property was almost valueless France X and ld Mexico l were both flourishing as never before r i and nil the only reason was because they ther were giving l full 1111 credit to silver and and using it as primary money t even Cn ven as it had been used by all aU the thc nations of the earth Dearth except Great Britain for four thousand years rears i Amateurs who know nothing of the significance o money monor standards or what damage a government govern govern- ment lent may do its own people by its withdrawal of recognition from froni what had always s 's been the Z ff t measure of values that the world has ever should not air their borrowed opinions in print The Messiah when dying prayed the to forgive the wretches around him because if they know not what they do and that pra prayer er is i needed for some of the the great statesmen and editors in the United States today |
