Fremont journal. [volume] (Fremont, Sandusky County [Ohio]) 1853-1866, 1856-10-24
Read the Proof.
TEN CENT JIMMY

which among other things be said: -.
"In Germany, where currency il. purely
metallic the cost Of everything is REDUCED
{ TO A HARD MONEY STANDARD,
piece of broadcloth can be rnannfacsuredfo for
fJty dollars, the manufacture of which In
our country, from the expansion Of paper
currency, would cost one hundred dollars
r1e - #54raa
l would to heaven that could dfoase The
attention Of svery manufacturer of The na-s
ton to the sstbject. ~ i %g5g - ifdt
What is the reason thai, Nith all those
advantages and with the protective duties
which our laws afford to the domestic man
4 ufacture Of cotton, We cannot obtain exelu-
siye possession of the home market, and
successfully contend for the markets Of the
I world? II is simply because We manufac-
ture at the nominal prices of our own infa-z
ted currency, ard are compelled to sell at the,
zeal prices of other nations. REDUCE
HOURNOMINAL TO THE REAL STAN
IDARD OF PRICES THROUGHOUT
THE WORLD, AND YOU COVER OUR
COUNTRY WITH BLESSINGS AND
BENEFITS. lR & s5,H ir-sg q
34a go = ~ - - s2s
The comparative Low PRICES of France
land Germany have offered such stimulus
to their manufacturers that they are now
rapidly extending themselves, and would
obtain possession, in no small degree, even
Iof the English home market, if itacers not
for their protecting d,aies 15sres
obr- g 81. III. e a,Sok
manufacturing, from the making of watchz
springs up to locomotives. The price Of
raw material is of small comparative couse-
Iquence.7 g a Tsgs
The next day Mr.. Merriek, Of Maryland
made searching exhibit Of the ruinous in
Ifucnce upon the workingmen of the United
States, Of the adoption Of the policy which
Mr.. Buchanan had 50 strongly urged. In
the course of bis speech Mr.. Mefrick said:
"Mr. President, as it has been argued In
support of this bill that one of the good ef-
fleets win be TO REDUCE THE WAGES OF La
BoR IN THIS scoUNTRY-mechaniea msnnfae-
turing, agricultural, and all others, of course
IL have considered it material and iupoF-
tant to inquire to what extent this reduc-
ton was to take place. These wages. We
are told must come down to the special stan
dard;, and we have been referred to Germa--
my and Holland, and other European -coun-
tries, as examples of hard money curreheies,
and the cheapening effects Of such curreH-
cies upon wages. = 50
In France yearly wages for an able-bod-
led man range from 4s ESQ shillings and
lday laborers get in that country from Al to.
is pence per day, and whenever they get as
much as pence, they have to find them
selves. In Germany wages are still lower,
land range by the year between 50 and 100.
Ishillings, and day laborers receive from 81
to Is pence per day, and find themselves IN
food. And so on, sir. Whoever will take
the trouble to examine, viii see that, m all
these countries which are held up to US as
examples of hard money eoatptries-France,
Germany, Netherlands. Italy-wages by
the year for able-bodied, sound, healthy
men, nowhere exceed 250 shiliings: and in
many instances, fall as low as 40, so and so
Ishillings; and the daily wages range from 8
TO and 2 pence-rising in one place, from
lone to 20 pence, and then the laborer find
ling himselfI Whata commentary upon the
hard money polieyl What hope is there
for man born the son of poor parents ever
Ito better his conditions What ray of hope
is there to stimulate him to exertion2
, None, none He who is there born peas
ant, dies peasant. Those borne at the
. pillow die at the pillow tail, and ali that the
longest life of laborous toll can procure for
them is coarse and scanty means ofsubsist-
ence' -ss{ ~,
Henry Clay took part IN the debate, and
denounced the scheme which Buchanan ad-
vocated as an apoWed policy to reduce the
Oages of labor He was succeeded BY
honest John Davis, of Massachusetts, who
cited mass of statistics, to show that the
average of the real price of labor through
out the world, which Mr.. Buchanan wanted
1.-THE worth of American industry reduced 70,
WAS less than TEN CENTS A DAY!
I And the Mechanics Of his own State Of
Pennsylvania, as a token of their resentment
forthwith fastened upon Mr., James Buchan-
an the stigma and nickname Of Ten CEsT
JIMMY.
EER EResolutions of the Cincinnati Con
vention which nominated Buchanan.
ResoIued, THAT THE ADMINISTRA-
'lTI0N OF FRANKLIN PIERCE HAS
|BEEN TRUE TO DEMOCRATIC PRIN-
{CIPLES, AND THEREFORE TRUE
ITO THE GREAT INTERESTS OF THE
COUNTRY. IN THE FACE OF THE
MOST DETERMINED OPPOSITION