Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1892-09-04

SECOND quarter, lNN...l 1919 lfn 81 $40
Fourth quarter 1850 i0o ~ lU a. u.M
First quarter, laGl .,,..l lt y lW.61 loo "a
Ecrnul quarter, ifal...l lQo.pi loo lb % on
Third quarter, t6ql.....i tn,ha to.S3 N,W
Tone hundred assumed as the price AZ tho
beginning Of the tmn inquired intel
We end that duriRR the last quarter 81
the year iSs9 the increased cost OF living
over and above what il was during tlio
thirioxfaarter Of that ycar-the quarter
whion was taken ~ the basis Of the inyes.
tigation--was t}1.7d0OOO For the 0i1t
quarter Of the year 1890 tine cost OF living
over aud above what It WIS during the
first quarter covered by the investigation
was Sl5, 900, COO, For the second quarter q
the yeg.r $500 IL was ST. 010, and desire
to call attention here to she fact thar dul-
ing the second quarter OF the year 1880 be-
fore the passage uf the Mckinley act, tho
cost Of living fDil considerably below what
10 WA 40 the end d the lrst quarter. Tho
third quarter, which CLOSED Oct l., 1850,
tho very day on Which tho Mckinley act
was approved, the incHoasp was sl2 0eg 900,
but during the next quarter, Immediately
following tho passage a. the act, the Inc
creRse was SIS 10000. The next quarter
the eost Of living WAS stu going IN, aud
=
the cost having beguR to dcoiine somewhat
from the point it had reached, ii was Sos,-
10000, making, IN tho aggregate, the in.
creased cost 81 living 10 the people OF the
United States daring the period covered
by this inveri ration $2s3 10000,
Mr.. Georre- How long2
Mr. Carlisle Por twenty four months,
excluding September, 1879, and the three
which were taken az hasia The in
creased cost of living to the people Of the
United States during the tweuty-four
months was s2ss. 550, 500 bat during the
last quarter covered b. this investigation
taking the three nontbs toiyether, there
was slight dess'iue Of i5-lO0ths Of per
cent Ia the cost OF living, amounting 10
a., TIOO9l, which hive dpauoted from the
grus sum. showing net inornlse Va the
cost Of living Of Isl. O0o, ecQ, the largest
proportion Of which, or st6i, o0eOl0 o.
Cured alter The passage Of the Mckinley
act, and lDrar part Of the Sl91,o0oO0o In
crease which occurred before that tins Is
directly attributable % the fact that tue
bill was pending in conFreia with almost
absolute kpoaledge on the part Of The peo
pie that It wOuld Fasa end become law
Now. Mr. presidents, how does this corn.
pare with tho statement made by the sen
ator from Rhode lslnEd, that there was
such decline in the co.'s Of living dnriue
that pcriod as 20 Represent saving II
s3eS,6noo 600 PER annum 20 tho people % the
United StAtesl Here is esN1.lJo,o00 added
to the coat Of hyiag during that period,
which the people hare paid; and, no mat
tor what decline may have cuiDe AZ its
close, not one cent OF IL win ever be rbim-
barsed to those who wire e.srviulied 20 eN
pend itifer the peeessHF!es Of lilo. That
money 10 guno from them--gone forever
and even though prices may continue "a
decline without ftuctnsti0n after the e1'
piratien OF the iuyestiaa,ion, Il does net
follow that such decline OF greater uns
would mot havetRkcn place " the Mehiu-
ley act had nBvgr bean passed.. On the
contrary, " the BicRihloy set had never
been passed there would have been 4
greater dnctine undoubtedly. md this
enormous additional expenditure Of asS,-
Oa0, 90 would Dst have beeu oxtortad from
the people. Mr.. Groavencr,a gentleman
! whom this committee must tndorse, be
canse IT had hin employed for some time
to assist In collecting prices, made IN IN
yestlention covering the esgifteen months
just preceding the beginning Of this in
ves5igaliou, June l, iss9, which Showed
that TIE prfctH 81 polaiAVNi-~l" IN t"f
country had declined u per cent. during
TINT time.
Mr.. George DARING Whit year'
Mr.. Carlisle - During the eighteen
months next pras5,ding the toiginnihg Of
this investigation. Fortunately it'so hap
pencil that our investigation began ths
very day that his investigation closed and
| whiie his investigation showed that dur
/ ing the eighteen months covered ~ u the
/ prices VI oomIanLi5Aes declined IN this
| COUNTRY "a per cent. all the senator from
I Rhode Island can now ahow Is that aitei
1 tveDty-four moDths Of unnecessarily bigt
prices the Cost Of living os one day az thf
/ very esd q the period had decliEad 4z-loQthi
/ Of por cent?
Is II NOT perfectly clear, thon. that th'
/ proposition with which | starred out thai
= tl4e Mckinley act hal intenereH with ead
arrested this natural tfsndepey toward q
decline Ia tho prIee- Ct commodities. Wa
\ correct, azd tbst ~ rs gsassage tbs peoPi'
| al tho UEited aiztez were deprived o.
thSss benefits which the pnapie uf ali oshci
Civilized cougsrics in The world were re
ali1iug on account Of iaoasra isnprsye
meatz and dir5yes9es and tie PFse,iea
spuijaation Of then ~ tlrsir Industrial an-
eonaalrrrisll pursiiitsi
bet Nr. President, We also Investigates
the Wholesale prices u tie sanss srticlsi
duriag che Ganns period "a s'syersl dateren