The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1877-08-17

The Strike and the Currency.
Irish World.
The relation of capital and labor has
long been Acknowledged TO be . most,
limportant and difficult problem. Butt
There Il stood and there II stands with..E
ont a solution. save that heartless and
stupid solution offered by false political'
Economists --"the law Of supply and del
mand." The law might consign men tor
starvation. They might comppin, put
their complaints were unheeoeq: AndI
liz they did anything more than Complain,
slaw and order" screwed on ~ fDayone'I
and drove them back into their hidingl
uIace to live or die as .sapply and del
mandv might determine. 1t was mol
.Ilonger struggle between Gowen Of the|
|a90 600 year and Jack Johnson or the
= I7O cents a day. d'he quarrel deyolved
Ion the state to save the one and to.crush
Indeed. the facts OF the dispute acom-
>rellcd the state to this course. The cor
I, I, rorations broke no law in issuing their
,,iIrhuman decree for the 20 cents > day.
IThe Iaborer could not resist With The
ls,iyhtest effect without breaking tte law.
lThcref fore the state took up the o|epute
l;n the place OF the corporations. FRE x
This was logical enough 50 tar tipt
lthe interference of the state ought upt
{. 10 have stopped there. ! should have
lproceedcd in this way: a. IA
aCertainly, well see the law cnforced,
sim, we will also see IL we can't so arbi-
Isrste that there will be no necessity for
|enforcing it. We'll probe TINS matter
Ito the bottom. Well see ifep al tno
vast resources of this,nation, We cannot
: lind means Of regulating wages better
than by the application Of steel ane
And If the state had looked around !
Icouldn't miss seeing the means -a'spl'
y slmeans. Mr.. Banks, Of Massachusetts
lhas had bin before congress tor IN
liasf three sessions, we believe, to ap
|,.c;nt 4 commission that would hav'
|fortv acre farms surveyed out on III
lrcserved sections or other publ
'sllsrds. oven path to them and advanc
Il loan 10 aid their settlement. The loal
: lmicht have taken the shape of lien o.
Isl INC new settlements, and be issued 4
ccrtificatcs Of from $40 downward
Local tender FOR that amount only.
Within five or six years let the settler
= rav into the commission the amount
heir several liens, and the certificate
~ inns discharged and Withdrawn fror
lc;rculation. This would cost the GOV
ernmcnt nothing but its Endorsement
7 7slI'nl;ke subsidies TO railroads. II would
na;d back lust as President Jackson
ntI,.an or .surplus revenue was pal
em hart and that was paid without the lo'
:, dollar. With this outlet 10 fall bac
upon--with an opportunity thus anoso
"a Ia All men 10 work a. living prices
: liz men resorted 10 strikes the puoi
= would have small sympathy for them.
But, hanging on the very edge o. s'a
vation aud the employers pushing the
IN. aver the prccipice, what could they 9
81. mt rcsist--resist or perish What cou
, a Christian people do but sympathi'
with them? So much for one solutit
sf the problem. - !.
But there il another cause, when
10 decd was the proximatc cause of .
N nrescnt miserable condition OF the
: hsrcr. Contracting the currency
zach Tho "barbaricr standard meant tv
verv evil and very unjust things. :.
tbe priccs OF all things went steadl
.Idown. so, in proportion, did hxed
az Games of all rich men 20 steadily Y
- That Grand .turn out would cost
Z. ruch II labor and materials are hil
IContraction will cheaper both labor q
materials. and I'll get the "turn-out, o
- every other 'turn-out,' and 'turn-i
N lecr half price. Here, with vengcan
was the erich richer and the poor po'
'op er., But II did not stop here, the mat
sI.n.<
When systematic contraction y
Join lstcadily commenced II meant stead
failing prices. That fact blocked :,
- wheels Of production at once.
- manufacturer spoke thus: wages !
materials are at falling figures. WI
produce and article now at the cost
lb0 cents that will have to meet the
,mce. linz market, and be sold for 40 &C
three months hence, before Il Is well
of the factory? cant do II. l W.
'ds ldo Il. 1t Is with great regret that
= shar. u myself compelled TO shut my gates
share mt ont nv fires. have been surrou
times "a with coed and friendly workmen.
pug vas nleasant to see them going home
ER. saturday night with wage that
their families. That It was in some
rree conducive 10 that comfort Wa
Grateful thought. Now IL Is all Q
=, and we must partl Yon e seek
a other means Of living. |, too, TO CIV
q l|thc hopes Of realizing competence
81 !forc old ace would overtake me.
onable Where y 'nc 'aoo ,.,.rcs NJ
cap aslbrings return OH ~ "oeos ~
I cash sumption. therefore no trade: IN
- % three millions Of hands idle knock
cc"ohomc trade stone dead. These ;