The Capitals of Spanish AmericaCurtis, William Eleroy
History
The Capitals of Spanish America
Curtis, William Eleroy
Capitals (Cities) -- Latin America; Cities and towns -- Latin America; Latin America -- Description and travel
But all this grandeur is gone, and the last traces of it are now to be
found in the pawn-shops of Lima, which are full of rare old silver,
paintings, china, and lace. The people are so poor that they are
compelled to sell their jewels to get bread and meat. The stagnation of
business has deprived them of their ordinary incomes from real estate,
and the war has taken off the laborers, so that the sugar haciendas and
the mills are idle. I met people whose incomes were formerly hundreds of
thousands of dollars, from rentals and interest on investments, who are
now compelled to patronize the pawn-shops, because their tenants cannot
pay rent and their investments no longer produce a profit. The
paper-money of the country is as valueless as the Confederate bills were
during our civil war. One issue, the Incas, is entirely worthless. The
Government tried to enforce its circulation by locking up men who
refused to accept it as legal tender; but the merchants marked up the
prices of their goods, and charged two thousand dollars a yard for
calico, when the Treasury surrendered, and issued another loan which is
almost as bad as the first. You give a twenty-dollar bill to your
bootblack and two hundred and fifty dollars an hour for a hack. It costs
about six hundred dollars a day for board at the hotel, and fifty
dollars for a bunch of cigarettes.
House-owners who have leased their property for a term of years without
specifying in what sort of money the rent shall be paid are compelled to
accept this worthless paper at par. I met a lady whose income from rents
ten years ago was more than a thousand dollars a week in gold, but now
it is only the same amount in paper--scarcely enough to pay the
servants--and she is selling her bric-à-brac to live. The haciendas and
farms are no longer tilled, because for several years past all the
laborers have been pressed into the army; and the sugar plantations are
useless, for the machinery by which they were operated was destroyed by
the Chilians during the recent war.
[Illustration: A PERUVIAN CHAMBER.]
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account