Wichita eagle., 1888-08-24
GRAND REPUBLICAN DEMONSIRA-
TI0N AT BANGOR, ME.
A Convincing Comparison OF the
Savings Of the Wage Work
ers of Massachusetts,
And the Whole Of the United Kingdom
One Lab0rer Of the Little
Commonwealth
Has as Much to His Credit as Dozen Of
the Poorly Paid British Work
men-WoidS and Fig
ures for Thought.

men-WoidS and Fig
ures for Thought.
| BANGOR, Me-, Aug. 23.-After tvro days
of rain, today opened clear and cool. and
but for the muddy streets the conditions
would have been as perfect as could be
desired for the Republican demonstration
Mr.. Blaine, accompanied by his sons
| Walker and James, Colonel Coppinger
Han. Geo. Il. Loring and DR.. Doane, OF
| Massachusetts, arrived on the train from
Augusta at noon and was escorted to
| the residence of Hon. c. A. Boutelle
| by uniformed clubs accompanied with
a band. The speaking Of the day
| took place in Center park, where stand
had been erected and seats placed. A crowd
estimated at from 5000 to 5000 persons had
assembled and packed the space in front
of the speakers stand. When Mr.. Blaine
was seen approaching the audience broke
into applause and the band struck up
Hail to the chief
AS Mr.. Blaine stepped on the platform
ringing cheers were given. The meeting
was called to order by NJ. G. Trask, chair
man of the city committee He introduced
Hon. Lewis Barker, who introduced Mr..
Blaine as the Grand Agamemnon of the
Republican forces, the shepherd of the peo-
pie, our own JamesG. Blaine. "[applause and
cheers His speech, which follows, was
written and he confined himself closely to
the manuscript which he had In his hand.
A slight hoarseness was noticeable during
the latter part of the speech, and once he
stopped for minute to ask President
Barker for torches. The speech was as
follows:
Fellow citizens: In a brief speech
which l made in the city of New
from abroad, I remarked as illustrating the
superior condition of laboring men in the
United States, that the wage workers in the
United Kingdom Of Great Britain and Ire
land did not have in the sayings banks of
that country as large sum to their credit
as did the wage workers of the compare
lively small state of Massachusetts in the
savings banks of that state. A day or two
afterwards this ponderous and most sig
nificant fact was violently contradicted by
many Democratic papers. They one and
all prevented my statement by charging to
me the declaration that there
was a. greater aggregation OF
money in the savings banks of
Massachusetts than there was in the saw
pened to know quite as well as the gentle
men who contradicted me, the exact
figures in both cases, l was very careful
in making my statement, and / confined
myself strictly to the wage workers in
Great Britain and Ireland and to the wage
worders in Massachusetts. 1t will be
shown by the report of my speech in the
a a rfS mi
1t is really in that special feature of the
deposits that the pth of the whole
question lies. Let me now give fig
ures for Great Britain and Ireland, and in
so doing | will use dollars instead of
pounds, so as to make all commissions the
more quickly apprehended, and will give
the British depOsitors an advantage of 3
per cent in reckoning the pound equiva-
lent to s.. The total amount at the close
ings and postal banks of the
United Kingdom was in the round
numbers $500, 1000. But the whole of
this sum was by no means to the credit of
the wage workers of the kingdom. Under
the English law various other classes are
permitted to make deposits both in the
Postal banks. From an authoritive
British publication you may learn that
persons of independent means, professional
men and their wives, may deposit in these
institutions. so also may police
men, letter carriers, revenue Off
so also may minors having accounts
in their own names; so also may females
described only as married women, widows
or spinsters; so also may trust accounts"
be deposited. including all joint accounts
or principally for minors; so also may per-
sons engaged in education, male and fe-
male, which includes professors in univer-
sit nd
in all other schools. The limit Of any one
depositor is $50 per year, and the amount
cannot exceed 81 GOO with interest. What
proportion the deposits of wage workers
bear to the whole is not off,
cially reported, but as in this
/ have found in England that the amount
belonging to actual wage workers was
variously stated, some putting it as low as
10 per cent of the total deposites, while
most of those from whom | sought infor-
nation put it about 25 per cent For the
sake OF being Just, and even liberal, in the
comparisons, let US estimate it at IS per
cent, or more than one-third of the total
deposits, a sum equivalent to S1S2, 0O0, 900,
belonging to actual wage workers in the
kingdom, That is an estimate many mil
lions higher than was made by any English
man of whom l made inquiry.
Let us now turn to Massachusetts, for
the other side of this comparison At the
close Of last year the total amount of de-
posits In the savings banks of that COM
monwealth was more than $3l7, 000, 900. and
this, in addition to SIS, 000, COO in trust COM
panles and cooperative banks, which also
received deposits from wage workers, but
Of which / shall take no note, combining
myself to the savings banks proper. AS
IN England, there is no ofhcIal state
ment as to the occupation of depositors,
but at the treasury Office Of Massachu
sets, it is estimated that IS per cent OF the
whole amount or S23, 0oO, 900 belong to the
wage workers of the state. In case of the
British depositors, | assigned them 10 per
cent more than any estimate which | re-
ceived in England, so now let Us reduce
the estimate Of the treasury OF Massachu-
sets by 10 per cent, and assign only 65 per
cent to the credit OF the wage workers Of
that state and the amount VIII be found to
lie S-O5, 000, 900. or S2i 900, 900 more than the
amount to the credit Of the wage workers
of the United kingdom l beg
fan force Of this statement. II
am making comparison between
the savings Of the wage workers Of a
Kingdom accounted the wealthiest OF |
Europe, with q population of 3, 0o0.ooo on #!
the one hand, and on the other hand the |
savings OF the wage workers in one Of the |
smallest states, territorialiy. OF the Ameri- |
can union. with population az the last |
census Of !, - 0S5. and only little more |
perhaps than 10000 today. The British |
ARTISAN working under 4 system Of abso- |
Lutte free trade. the Massachusetts, work |
man working under a well organized sys-
tenn OF protection. The figures have such |
PoTtentio Us meaing that il is no wonder |
the Tree trade Democratic free trade papers 4
NJ from them and reject their conclusions /
b01 they cannot escape. for / am willing /
after indicating. as / have the correct |