Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1840-10-27
PRODUCTION of Wages.1
From the New York Express.
TO THE JOURNEYMEN TAILORS

AT a period so important to freemen, when
democratic principles are at stake, when the
great men OF tie country are discussing the
subjects OF the day throughout the country
not merely speaking, but pamphlets are writ
ten by each party and addressed to the differ
ent laooring classes. | have therefore under.
taken to address a class, for if any under hea-
ven are suffering the i'll effects of this admin
is'raton, it is the talors Of this city. Being
possessed of some information respecting this
industrious portion of our citizens, of the man
ner they work, the pay they have heretofore
received, and what they now receive, have
deemed it of sufficient importance to devote
few hours TO address them.
The great and leading object Of the sub
treasury scheme is TO "Reduce The price Of Ia
bor."
Mr.. Buchanan Of Pennsylvania contended
by an ingenious argument that reduction of
wages would be beneficial to the laboring
classes because property would necessarily
fall IN the same ratios, and addressing New
England through honest John Davis CT Mas
sachusetts, he offers to her this alternative as
resource TO rescue her manufacturers from
the ruin which lies in prospect
In Germany, where the currency is purely
metallic, the cost Of every thing is reduced to
the hard money standard. A piece of broad
cloth can be manufactured for $50, the manu-
facture OF which, in our country, from the
highest wages Of labor, would cost 500. RE
duce, says he, cur nominal to the real STAN
dard Of prices throughout the world, and you
cover the country with blessings and benefits
pun inc TACT Is, our laboring men are unwil-
ing TO i've on porIidge and rye bread, with a
little grease or lard twice a day. Thew think
they haveas much right to piece of butchers
meat for dinner, and good bed to lie upon at
night, as either mr.. Buchanan or mr.. Van Blu
rem II they only receive piece of dry bread
and little grease on it, they are not satisfied
/ with it as the European often is.
| Two years before Martin Van Buren, came
into power, we had plenty of work and good
\ prices. After he had been in power short
time, he proposed his detestable sub-treasury
! bill.
The great feature of the bill was, to reduce
the price of labor Has it done it, | ask
you, Has it done III Some of you answer,
! yes others, no II is an old saying, and a
very true one, that Figures can't lie;" and |
believe | can make those who answer yes
more sure Of the fact, and those who answer
no convinced that it has reduced the price OF
labor.
Before the sub treasury came into operation
we received the following prices.
For dress coat, neatly trimmed, $500
Overcoat; $50 to 800
Pea jacket, Les TO so.
Monkey jacket, LOO to lie.
PantalOons, 81 90
Since the establishment of the sub-treasury
we can only obtain, for
/ Dress coat, made the same, Sl,75 to 2,25
! Overcoat, 2,25 to 1915.
! Pea jacket. rs cents.
Monkey, do so 10 GO cents.
Pantai0ons, 80 to 62 cents.
Need mention other articles, Surely not,
I as you all know they are reduced in the same
manner. We see by the above, our price OF
work is redured one kalf Am | telling you
a falsehood No. Those who am address
ing know ion well the truth How many are
there who cauuot even obtain work at the a.
bove low prices in bad times, and why is it I
shan ! answer It for you Ii is because the
! manufacturer cannot afford 10 give old prices
when he is Obliged 10 sell his goods at reduc-
/ ca pnces. II the commission merchant has
any cloths. he viii not sell 10 the clothing
merchant, for he has no confidence now in
selling on credit; and the cause is. that the
government opposed the credit system, CRYING
"Peush Commerce, Perish Credit" and ex-
cling is mighty power 70 destroy them.
The clothing merchant, having nothing but
his credit, cannot purchase the articles 10 man
utaclurr into clothing. You may say be should
have no credit II he has no capiial-"All those
who trade on borrowed capital should break"
bat he has capiial,--he has il in outstanding
debls--in notes Of country merchants: but he
canno, collect il. Perhaps he has $500 due
from the South, which he can only collect now
hy loosing from 5000 TO $4,000, and instead
of receiving $4,000, he may only receive
$4,000 | have always worked for a good
house in this city. and made the best Of their
coats. Thoy always gave me four dollars a
coat, and II generally ioOk De Two days to make
IL. ihus making two dollars day, by working
hard both d1v and NIGHT / was then content