People's Pilot, Volume 5, Number 11, Rensselaer, Jasper County, 5 September 1895 — Has Ruined British Honduras. [ARTICLE]

Has Ruined British Honduras.

Lexington. Ky., Special: Mr. R. H. Fassett, plantation manager for the i British syndicate at Belize, British Honduras, is here on a visit to his relatives, he being* a native of Kentucky. ; Mr. Fassett, in conversation with the ’ correspondent to-day. said: “The British syndicate is engaged in the production of coffee, bananas, tobacco and rubber on a very large scale, and until seven months ago was in an especially thrifty condition. But the adoption of a single gold standard for British Honduras at that time had so demoralizing an effect on the country that the value of products, as well as labor, has fallen off one-half. Up to that time we paid our laborers sl2 per month. Now we pay them $6. Everything else is in proportion, and the country is thoroughly demoralized. The United States should take warning by this example and adopt the double standard. The single gold standard won’t work anywhere.” Money good in America is good cnouah for any loyal American.