Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1892-10-06

1iaifd quarter. iall ~. w8 m.9q mw
Zone hundred hssatpod A. the price a. The
b'sglnnlng n ts.o time isi4usfna lntp.l
We nnd that daring TIE lsss quartes ef
She ycar ISs9 tht ipogeesei, cnst 81 livlag
over and nilpse whnt IL was during she
third quarter uf that year-. the rfiaffey
which was iakan ~ she basls ~ tha infas
iiRafIof,- sns "a 5ae0a1 For sAr ari
quarter o. the yeag isao sie c0at 81 iiying
over nDd Aingp wAnt II wah daring the
sirat quarter covered ~ tbc Investigation
waa s8sVo3 90 FER the second quarter a
The scar lt81 81 uns ei5 20. 90, and sirssre
~ call attention hera - tba fact thai dur
iis tic aarHnd quarter nf tilc year 1900 ~
lore the pseeo q go MckihirY act. TIN
ccst II iifls ftsl considerable lalew what
u wes az tte end u tise Fra agtet Tic
third quarter, whleH eiaaeiYI1rs /, 1880
ilY ysYy Hay a. which tbs AseKfnlcy net
was approved tho irefsase 81. 90 0f0.
has daring the nest quartet lmsaediafety
following the pAsawc u thk Art, tho ~
rfrAse waH sisft0fGp The nexf 4unrfrf
sliB epss - lsslne was hslil going 10. ana
tie decrease was GO. g'0 go. hnt The ue4t.
The raak having. began Is decline somewhat
from tlp l.oiat Il had reached, Il wha
7s00o. Hnalag IN the aggregate. tie in
creased eost u living % lhe people ~ tte
United Ssses anrinx the ptfiod covered
~ this iafesiiRafign ta 4s0G0
Mr. Gcorae~iicsf lpnxf
Mr. Cariisiefqr fstnty.f0igr fnAnfts.
excluding September is9 af.d tho ttrec
which we're taltn IA i haaia The III.
crcnss9 r0ss q isfiFg 70 rho people IL The
United States duri14 che twenty .ssnf
months was sos IA 100. bus aarsng the
last quarter covered NJ tssis investigation.
taking tire three months together, thefe9
was 4 slight derllno a. iEin1ths u ! pef
cent Ia the cost u living, amonnling 30
81 zsn, go, wspni1 ! have abducted from lhs
Rrosa sam. showing net increase III tho
cost u living nf t&s4uOo.0oo. tho largest
proportion IL which. o. els. .ooa 81
cuF4d HffNg the fslssagn II the Mckinney
vet, and lufRe Sari III The tlD1 90 600 III.
crease which oeenrrtti hefere that time is
directly attriimtnhie 10 The fact tknf che
bill was pending IL congrcss With almost
absolute kneaieiRe Oh tie part oF the reO
plu that il voHli pass ard become law.
Epw. M President. how doea this corn
rage with thessrtamcnt mndd hy the zen.
ator from Ishtaie Island, ihat there WAS
Hgirl 4 deeiine h tho ctag n living during
that pefled s. 10 represent d saving u
ca. 0s9 pcr annunl Ia thu people of thu
United Stattas Hare IL sss. o1Oto0 added
sotiv cost Il living during that period
which the people have paid: and, no mat
ter what decline may have COME ut Is
close, not ouo cent " u will ever BE- feiFn.
hnrsesl 80 t6ce no we're compelled 10 a.
pend Il fer rio ucetk9arses II life TAnf
money IS Eope from thoa gone forever
and eysn tilHKh prices may continue 20
deelinu wlthuux nuctuation after the
plfation 81 Pie investigation, Il docs not
follow that saqh decline Or a greater one
would NOT have taken place Il the MclSiu
lty act Lad nerer been passed On the
conlrary.sf the Mckinley act had never
been passed there would have been a
GREATER decline undoubtedly. and this
enormous additional expeAilture Of ed85.
o0o,000 WOULD not have been extortod from
tbs pfoplo. Mr. GfoHenor gentleman
whom this committee must indorse. he
cause II he'd him employed for some timo
20 assist ID collecting prices. made an ia,
yestigatipn covering the eighteen months
inst preceding the beginning Of this in
vessiaation, JnnH l, 1859, which showed
that the Prices 81 commodities III this
country had declined u per cent during
that time.
MT Nfnfstr- yuilNN WtkoL YEAR,
Mr. Carlisle During the eighteen
months next preceding The beginning of
this Investigation. Fortunately It 50 hap
pened that our investigation began the
very day thai his investigation closed and,
whllelIs investigation showed that dur
Ing the eighteen months covered BY ii THE
prices Of commodities declined Ia this
country "A per cent, al she senator from
Rhode leland can now show Is that after
tgenty-four months Of unnecessarily high
prices the coat 81 living on one day ut the
very end Of the period had declined A. lO0tha
81 per cent.
- II not perfectly clear then, chat the
proposition with which | started out, that
the Mckinley net had inteFfered with ana
arrested this natural tendency toward i
decline inthe prices of commodities, was
correct and that BY It's passage the people
Of the United States were deprived Of
those benefits which the people ofall other
civilized countries IN the world we're re.
nlizing on account Of modern Improve u
mepts aad discoveries and the practical
application 81 Them Ia their industrial and
commercial ppfsnitsi
Bttf. 5EN President, WE also invegtiget9E
the VaS esNlc prices 81 the saiae art
duifag the sasaq period IL esxeral ailTerent