The Madisonian., 1840-02-27

ample of France and Germany, and by redu-
cling :" the cost of every thing TO the hard mo-
ney standard"
Take France. In Calais, common labor
ers receive Is cents per day with board and
without dwelling. In Boulogne 10 cents per
do. do. !; Nantes g cents per day, without
board and without dwelling Marseilles, 8 to
IA cents per day, with board and without
dwelling. In Bayonne, is TO "a cents per
day, without board and without dwelling. The
food in some districts " consists in rye bread,
soup made Of millet, cakes made. of Indian
corn, noiv and then some satprovisions and
vegetables, and rarely. if ever, butchers
meat" In others, wheaton bread, soup
made with vegetables, and a little grease or
or lard twice day, potatoes or other yegeta-
bles, but seldom butchers meat"
Take Germany, the other country COM
mended for our example. In Danzg loborers
receive 9 TO IA cents per day, without board.
Ia Mecklenburg, IA cents per day, do; Hol-
stein, farm servants get rs to 100 shings
o.ycar, and laborcrs IA cents per day, without
board.
In North Holland farm servants receive
$50 to 500 per year. and laborers 40 cents
per day, without board. In South Holland,
laborers get to cents per day, with board
In Antwerp, 10 cents per day, without board
and without dwelling.
These statistics arc authentic, being derived
from Porter's Progress Of Nations, Wade's
History OF the Middle and Working Glasses,
and an official Report 10 the British Parlia-
ment, quoted by Mr.. Davis, Of Mass, and
! Mr.. Merrick, of Md, in their unanswcrabe
speeches before the Senate
These are the countries where every thing
is reduced to the hard money standard-the
/" meadows and gardens Of Europe the "spe-
Gle magazines Of Europe and America"
which are held up 10 us as examples for our
imitation These are the prices-these the
conditions, to which American laborers must
be reduced by the Sub-treasury.
But we return to the Globe. Notwiihstand.
ing the effort of that journal to counteract
the effect upon the country Of the arguments
Of Administration Senators, delivered in the
Senate, it admits enough, to enable us TO show
that. widespread ruin and degradation would
eventually follow the esta lishment Of a Sub
Treasury 1t quotes paragraph from Mr..
Buchanan, from which we make the follow
ing extract:
"IG therefore, you should, in some degree, reduce
the nominal price paid for labor, by reducing the
amount Of your bank issues within reasonable and
sa afe limits, and establishing metallic basis for your
paper circulation, would this njure The laborer2-
Certainly not; because the price Of all the nsccssa-
,ics and comforts Of life reduced in the same pro-
portion, and he will be able to purchase more OF them
for one dollar in sound slate Of the currency, than
he could have done in the days OF extravagant ex-
panson for dollar and quarter"
The Globe trumphantly asks, !" are not
these positions self-evident! Who can or who
will controvert them ?"
There are three classes to which we would
address our reply, viz: the laborers, the far
mers, and the debtors.
We would ask the laborer if he can under
stand how any action of this government, ex-
cept in its tariff regulations, can affect the cost
to him of those necessaries and comforts of
life which. come from abroad Does he not
see at a glance that as you depress American
prices, when foreign prices remain as they are,
that the amount of the depression comes out
of the pockets of those who consume foreign
merchandise Does he not see that the effect
is to enrich the exporter Of foreign goods |!
Does he not see that his means and ability 10
buy ten, coffee, sugar, broadcloh, spices, silk
goods, and thousand other necessaries that
come from abroad will he reducedl Suppose
the Sub-trcasury reduces wages one half, the
laborer will of course be able to buy only one
half the amount Of these necessaries and
comforts that he could under the good Repub-
lican system of the olden time. This is self
evident. Are you ready to support men who
maintainshat high wages g is the evidence Of
the very reverse of prosperity! [see Cal
houn's speech,
We would say to the farmer are you willing
TO reduce the value of your property, and give
the fruits Of your industry TO the rich and the
powerful without an equivalent! Can you
build ships and send your products to Europe,
to maintain your ability TO enjoy your share Of
the comforts Of lie Or will you voluntarily
and abjectly submit and be made the victim Of
oppression, and pay that onerous tax which the
enslaved peasan'ry Of Europe, pay to the
Lords Of the Territory end the capitalists of
the Land
The debtor portion of the community, we
ask, are you ready and willing TO be crushed
You have purchased property, and paid one
half the purchase money. Let the passage