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Show Mexico. Every dry there is some reassuring news from that country of its prosperity and tho eagerness of foreign capitalists to invest in its resources. The liauk of London Lon-don and Mexico, in the City of Mexico, has just declared a dividend divi-dend of 11 per cent, and is to increase in-crease its cnpital $10,000 000. The National Bank of Berlin lias do- And for tho people of tho Uniled States the hilver standard would be grandly superior to our present system of contraction, low prices and era of mortgaging, for tho dny is coming, if affairs c mtinuo as now, when interest must; bo j:aid, settlements made and general bankruptcy ensue. Ogden Standard. cided to open a branch in that city on the 1st of July, with milliousof foreign money behind it. Cotton mills ure being established by foreigners for-eigners and large manufacturing plants of iron and wood work are in process of construction. Strange to say, Mexico is purely a silver standard country, with a debused currency, and the Mexicans profit by its debasement. That is to ay, a Mexican can handle a Mexican dollar and never in all his dealings in his native country, realize real-ize that his dollar is worth less in the commodities of that land than it was in 1873. The fact of the matter is, his dollar is just what he believes it to be an honest measure of valut and has not fluctuated. But a foreigner, wlio line QiilMlCr1 Ilia nimi a it in Afnri'iA and is desirous of spending his ; wealth in other lands, thinks long j and seriously, before paying two dollars for one gold dollar. It is an automatic deterrent and serves i Mexico well and faithfully. Her i silver dollar is tho watch-dog of her treasury, which guards the accumul ted resources of the Republic Re-public with an all-eu:.'ompasing eye. Furthermore, it is a protective tarif which does not give offense to other nations, imposes no discriminations, dis-criminations, arouses no sectional prejudices, while discouraging the importation of foreign luxuries. Foreign countries demand a gold dollar, or its equivalent for a dollar's dol-lar's worth of their goods, and the Mexican rejoices in the knowledge of the fact. So we repeat, that if the United States should go to a single silver standard by virtue of free coinage, there would be no panics following in its wake, but to the contrary, Americans would labor for Americans, and instead of hiring Pierpont Morgans and Perry Belmonts, at robbers' rjrice. to guard our treasury, the American silver dollar, without cost or inconvenience in-convenience to the public, would perform that duty. The effort would then be to discharge our foreign obligations, with the pride of an honest debtor, by giving value received. Possibly our Wall street friends see nothing honest to admire in those who pay their debts, while still they have credit on which to borrow and mortgage; in fact we have been told that tne height of national prosperity is measured by the ability of a nation to borrow, and the 1 frequent use of that prerog- SINGLE SILVER STANDARD. The absurdity of fearing bad results from independent free coinage coin-age of silver by the United States is made plain by the prosperity of silver Mexico. The charge is of ten made that American securities would llood our markets and capital be withheld from investment. If the United States went to a silver basis, contrary to the theory of gold men, wo would then be in a position somewhat similar to 1 Old ative. Tho reversal of this gauge of prosperity might give the liuanciers a terrible shock, and make obsolete their vocabulary, with its peculiar use of the word "honest," but a shock or two, we surmise, would do them some good and the country, in general, a great deal of good. In the worst possible light in which free coinage can bo presented, present-ed, there is nothing upon which to build the bogey men the golditos take such delight in constructing. |