The Superior times. [volume] (Superior, Wis.) 1870-1912, 1892-10-08

money. a gold dollar was worth lOQ
cents, and a silver dollar l02. % cents.
We are asked to believe that creditors
sought to compel debtors to make paw
| ment in l0e-cent dollars instead of lO2-
| cent dollars.
There is a flaw also in the theory that
the act of 1873 caused the decline in sIl-
Yer. The only way in which it could
occasion a decline was by lessening the
demand. The same act which dropped
the standard silver dollar authorized
the trade dollar, which contained more
silver, and during the next four years
We coined three times as many trade
dollars as We had coined standard dol
lars III all our history prior to 1873. 50
1t was not a cessation of our mint demand
| which started silver downward.
Silver is cheaper because of an in-
| creased supply, and because the uncer-
talnty of It's value has led to its disuse
as money By so many nations. The
| nlted States, by buying every two
months more than its total coinage
down to 1873, and by its efforts TO estab-
llsh an international basis for free coin
age, is doing its full duty to sustain the
value of the white metal. Inter- Dcedu.
Testimony of Some Democratic Officials.
If the Democrats, Mugwumps, free
traders, and Adulamites Of all sorts have
been as anxious rs they have professed
themselves to be to make inspection Of
the figures whereupon Commissioner
Peck based his report Of in creased
wages and increased production since
the passage of the Mckinley bill, they
will unite in vote of thanks to our dis
tinguished though youthful contempo-
| rary. the New York Recorder.
| Ot course tEeV VIII 90 nOInlng or the
| kind, for the figures justify the report;
| but all seekers after truth will thank
| the Recorder for this special record.
| The accuracy of the figures presented
| in several pages of seven columns each
is sworn TO by Commissioner Peck and
| by all the clerks in his office. They
prove conclusiveiy that wages are high
er and the output of manufactures
| larger n New York state during the
| first year of the new tariff than in the
| last year ef the Old one. Commissioner
Peck's statistics are unimpeachable.
But the unimpeachable statistics Of
| Mr.. Peck. who is the Democratic com
| missioner of labor for the state of New
York, are not the only testimony from
Democratic sources in favor of the
beneiicent operations OF the Mckinney
bill.
There is the testimony OF Mr.. Peelle,
who is the Democratic commissioner Of
statistics for Indiana.
There is the testimony o. Mr.. Par
sons, who is the Democratic commits
sioner of savings banks in New lork.
There is the testim onv of the labor
commissioner of Massachusetts, who
| serves under the Democratic governor
of that state.
Peck's Democratic report proves that
wages are higher and manufactures
more abundant in New York since the
| passage of the Mckinley bill. This re-
port rests upon the testimony of more
than 5000 employers of labor.
Peelleis Democratic report proves that
wages are higher in Indiana since the
passage of the Mckinley bill. This re-
po,t rests on the testimony of wage
earners.
Parsons Democratic report proves
| that the savings of labor in New York
are greater since the passage of the Nc
kinlcy bill.
The Massachusetts Democratic report
| proves that the condition OF labor is IN
every way improved since the passage
| Of the bill.
The protectionists of America appeal
| to the jury Of the people for judgment
| in favor of protection upon the evl-
| dence given by officials of that party
which has made absolute free trade 10
| be the chief clause of It's political creed