, 1866-04-27
1860 AND 1866.
The increased Cost of Living.

ADVANCE IN WaEes-E10w Little a Dol.
lar Ia Really &ofth-The Guild sta nd.
ard a PleaAant Fictio0-Coat OF The
Larca aud PcnaLes-I1otv Much EN-
pioyeS Have TO Subsist upon-Th3nrr
Observation-Disclosures, a IkefoFmer.
Cnplesfant "a retrospective views gcucra3,v arr
there Ac exceptions this a. well as to every other
Eue, and one OF the chlefeat exceptions Of the
present day !. an indulgence Of the memory in
backward glance at tho psiees OF Irving before the
wsr. Ono enjoys ton Of melancholy pleasure IN
scft csire how far dollar went thea, and comnar-
Ing It With the almost 1ntnltesimal advantages IN ,
derived IRON that petty sum OF money uoN. Yesrn-
,nely but Intellectually DO VIC cxclafu,
bseSwaId tuEn. oh Time, 10 lhy 1iyhl,''
IS nom m unhappy present We esn only eeea dis-
mai iu'uFe hetose ue Of the came system Of extoz~
ttonate ptaees anu Inadequate rewards. In every
branch OF business md employment, wage, hayr.
II is true. advanced bnt In few instances have frv
eNn temporarily advanced In anyueQrse At a!l pro-
poEttonatc 10 the increased cost or living Tnus
LstAnce, II one tfmn cigar maker4' ware, for
brief space, were quadrupled and even qntp,pdh.d.
pnt they soon fell back 10 position rca,tFr 10 o,h
CT employer, and considerably below The Increase at
pE1ces In provisions, clothing, rents, etc, A.
thorough paced reformer would coud.n.e
The statement, capital has been worth double, II
not treble. its real value ir labor. Generally
NAA">A ~ "AA ~Ac%'Ae0 ~ re 4aFe QeeQ QY lbf
war. in one thing We have preserved a chatminr
consistency, and that has been the steady sdr.nte
in every necessity OF life, the cheerful uuauim,ty
with which deahr. In everything have put I'd their
prices when cold has Hser, and their lofty eontcmpt
for nd,eutitous circumstances when gold fell. en-
abllDe them entirely 10 forget 10 acaEn mt their
p1iccs down. The idea Of s'the gold standard. " o
which TIC have heard 80 much for tbe p,sr ara
years. NAV hc yerv corr,,et a. no,,,;..1 ,h...
49, ,.5asa s,,,r ,.sa,1ss, Pot'iIa1 lneot5
we seem 10 have cnt loose 10 very considerable
czlcnt from #. The average OF prices now. vben
the atanisru wohblp. IN the vfrtn,,v ~ ,sncr s1
1-e7 ia xc.,ra,v a rn,,.,,thto st.s. 17 ~ -7 ~.
49," pau'o y. shaoe lo"ef tnan LEI
ytar4 aoo0t INC nnae o! the taSia. Of Richmond;
Than when golden ducats vere ouotca ~ ~ fsn,,.
,rI ronr.. n aso 9es'>e ~ wv 1aAst
~, -e " .oo
IN some particular things, aud IN epcc1a, loeaIt
rieS-fenIs IN Chicago. for instance-.he prepou~
dcrsnce Of demand ove7 snpply, nav. IN a rr,,t
measure. account for this. bn, II H. 5;n7cr1, ~
ao- ,s..s 49,. - s. .' ras - 40 u"tui. :" pn'
oess'ann WY INC oees*e N all paris Of the couu-
ary, In everything else should b. so yesy em3st
Ivin:. was not much more cxpcnsiye even iJn,t,o
TIE eeyerrst pres sure OF the war th,n n Ia ror
dollar then. although then a very net.r anm Tr,,
c1ay considered, bought very ntary i. mucn % ~ Il
The rrest1educ,lons~ .sdaNn N .,nd ~ s,asa ws
ard" etc-, which We hayc hone for nSis .yis, ~
yct m The .Fn,r c1rf. nj iyn,n3rostEs ~
Ecp,.maketp r1act1cx1 exneIirnrr ,fsmnn.t.s,n
that snIarJ OF $50 pcr anuum naro.s tha a.sr l.
equal 10 ss.t0u no~, ant ida, world sin s..en 10
pui our Rott standard at $50 4''' e'eA' ~
In The matter OF 1eats Chlearo msy he tccr,ed
especially unfortunate The ereat tcmsnd mar
In SON. measure explain il. hat nn1 WhnIIs 19