Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1875-10-21
Hon. Carl. SchurZ Osl the Effects Of
s.MOrs Money!

Can that be :" tho peoples money whose
value in the peoples hands il apt to vanish in'
nothing, and is sure to vanish into nothing il
much more OF it is issued =?
A paper-money OF ever changing value, as the
principal element, is not game for tho labor
ing or man the poor man to play. In that game
only those win who deal.
Who does not know when tho crisis in 1873
came, that work stopped aud wages won't down
coed while before the cost OF living did And
who had to lose tho difference? Tho laboring
man.
or all agencies which human ingenuity can in
vent, there ID none that no insiiiously robs
human labor OF its earnings and makes tho for
tunes OF tho poor man tho football OF the rich
M currency OF the ilnctuating value.
Who will deny that when the depreciation of
such currency drives up prIcea the leborng
mans wages rice last and least Who will deny
that, when the bubbles OF the paper speculation
burst, the laboring mans earnings are cut down
iirht and iowehtf IL onr country All exception
to the rule
The least reflection will certainly convince
you that, Whatever orr financial policy may .be,
whether there be much or little money, he who
wants to get it must Darn it. The capitalists
VIII gain it by profitable Investments, the trader
by buying ad roiftng, tho far sssinssig
crops, the laborer By tho work OF his hand. No
body will get it for nothing. But IT,, under all
circumstances, you must gam it by hard work,
must you not ees that it is ma lifestly for your
own interest to have money the value OF which
il certain?
Let me tell the laboring men that thoy have
no more heart!ess enemies than those pretended
friends, who with artful catch-words play ing up
on their credulity, seek to make them believe
that they possess tho secret OF alchemy with
which to create wealth out of nothing to make
those happy who serve their purposes. II their
schemes, unfortunately should prevail, then the
time will surely come for their poor victims to
curse the day when they foolishly followed such
treaeherous counsel, and curse tho men who ad-
niaistered it.
suppose they succeed in their scheme sup
pose by imitation, tho speculatng fever be re-
vived, and they not only get rid OF their liabi-
ties, but make millions OF profit on their gam
bling enterprises, who will lose the millions they
gain2 Who will pay the cost? Not the victims
alone. who are foulish enough to take the spec
uating enterprises of their hands, and then are
caught by the final crash inevitably to come.
Such victims would, perhaps, deserve their fate.
No, the cost would be paid by the laboring men
OF the country, whom the depreciation OF the
currency would plunder Of the difference be-
tween tho rise OF the prices of necessaries and
the rise Of wages. The cost would be paid by
the Industrious and frugal, whose deposited
savings would be robbed OF their value by the
pensioners the disabled soldiers, the widows
and orphans OF the slain, whose slenderiincomes
would be despoiled of their power to buy bread !;
by every honest man in the land, who would
suffer in the game Of overreaching which the
inflated currency would bring with it. 1t is the
"peoplo's money" they cali it,