The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1878-10-30
GOOD COUNSEL TO WORKING
MEN.
An EXTRACT from Secretary schurz
HOstOu Rneerh

An Extract from Secretary schurz,s
Hoston Speech.
Your accumulated savings workingmen, are
today witnln hairs breadth as good as gold,
As soon as resum ption takes place thew will be
fully SO Ii the government is not mischievous-
~ inte, .h Win In maintaining specie pay
ments they will remain so. Aud now L ask
you IN all candor-and you would do we'll to
ponoer tne qaestion-tO whom do you owe it
tnas, Wnen AFTER the great business collapse of
1873 many OF you were thrown out of work
ana many Others compelled to work at reduced
savings-to whom do you owe it that those
savings became more valu able from day to dav
auu from month TO month"; until now at last
they are as good as the best money 10 the
Worio! VINO was it that protected you against
. .ne waoiesale robbery, by which further cur
Ine hard-earned accumulated frat of yeur toll?
Inc same men did it whom demagogues de-
noanced to you as the tools of bloodsuckers
ana monopoilsts. because they stood up in the
nalis OF legislation, as well as before the
people, lighting for honest money tn at wonId
not cheat you. What would have bscome of
you had the counsel of those prevailed. who
pretended that they could cure all the ills of
the social body, and give you prosperity and
wealth oy noodlng the country once more with
9tueL o9ception, an lrredeemable paper money?
In the hour OF need and distress you would not
only nave been without remuuerative employ.
ment, but even the earnings of former wears of
hard toll would in your hands have shrnuk to a
miserable pittance. Who is there that will de-
ny talsI What mind so dull as not to under
stand IL! And now when you have Just escap-
ed the dangerous consequences of their teach
1ngs, you would entrust your future to the same
menu Does the value of your savings lie SO
heavily upon your hands that you want to get
rld OF II! II so, then, and only then, by all
means follow the lead of your Greenback and
nat money apostles, who promise to relieve YOU
OF your cares by kind of money which in fact
relieves you of the value of saved earnings,
But II you are the sensible men take you to
pc, you Will not forget that the first rule of
wisdom teaches you to make sure of thai which
you have before graspng at shadows beyond Do
you want your savings to be worth dollar for
dollar? Then there is but one thing for you to
DO. Show your heels to the tempting
demagogue, and put your trust only in that dol
lar which being dollar once is sure to be dollar
all the time. Give up the cause of that dollar
today, and you do not know what your savings
will be tomorrow. Do you want to maintain
your reputation as intelligent men? Then do
not permit yourselves to be robbed of the value
OF your earnings in open daylight, with your
eyes open: Working men, have spoken to
you plainly, without art or ornament. have
not nnfolded to you philosophical theories to
Dewllder your understanding. Breaking
tnrough the fantastic promises of easily and
quickly acquired wealth with which the paper
money agltators strive to tickle your imagina-
ton. l have laid before you simple facts and
hgures, known to every observing man and in
teIligibe to every candid mind, and from them
have drawn simple conclusions by simple
reasoning. Nobody can deny that these facts
are true, or that these conclusions are correct.
Look at them once more. A revival of BUSH
ness activity. which is to give employment to
the Industrial forces OF the country, cannot be
expected without revival of that confidence
which induces capital to venture freely into
business enterprises. The revival of confidence
is, therefore, the first condition of a general
and remuneratve employment of labor. Who
will question this?