Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-10-01

greater amount 10 which ~ ciiu w ,asuc',
But after the greater aud more universal
standard has been Implanted by the
lesser aud local standard, the evils en-
tailed TO the extent of Its fluctuations
nre the same. A silver standard mat
tiuctuated from par TO % per cent unuer
par, when compared with the golu s'ahu-
ard of the commercial world, would cost
the laboring classes of our people many
hundreds Of millions yearly.
Day by day as silver luctuated the
products of their labor would pay 70
spectators. shayers and brokers inc
price OF that fluctuation. There Is no
security TO labor but in standard as
stable, iniiexible, and immovable as pos
sible. That standard which is most uni
yersally used Is for that reason the
most stable. Larger bodies present great
er resistance TO opposing forces, while
smaller bodies give way. A local stand
ard In the United States at variance with
the commercial world would be mercurial
in its nature, always moving and every
move intlicting loss on some one.
The president In his message has told
us that the wage-earner Is the first
to be injured and the last TO be
relieved from the effects of
deprecated currency. The Democratic
platform says the same thing, and 1t is
really pleasure 10 be able to assure our
friends that on this point he is certainly
on the platform, whoever Is OIL. This Is
myself the pleasure of presenting the
proofs In such u way that no one can
entertain doubt of the fact he has
stated, and If the fact is established be-
You'd a doubt we should hesitate long
time before we introduce u deprecated
standard in the stead of the one we now
have. When a banker, capitalist or
trader finds the market not favorable
for his Investment he can lock up his
money or hold OF to his property and
wait for Il more favorable turn, but when
the laborer is thrown out of employment
and the day Is gone his days work Is
gone from him forever. lie cannot hoard
days labor. II is lost.
Mr. President, the wages of labor
of this country and all over the
world for one hundred years
have been tending upward. They are
higher today than they have been ut any
time in the past, and the wage-earner,
IN whatever occupation employed, Is
deeply Interested in the preservation Of
standard of values as fixed and i'm
movable as it Is possible to make It,
a few years ago our friends on the other
side of the chamber directed the COM
nitiee on finance to make an inyestlga-
| ton and report TO this body the move
| ment of wages aud prices for several
| years. They took the year 1850 as n
| basis and compared It and other years
| with 1890. They intended to use these
I
| They intended tn show that wages had
J been rising and prices had been falling.
and the credit was due to protective
| tariff.
When that time comes 1 will discuss
| with them the conclusions to be drawn
| from these facts. II Is enough here to
state the facts. Taking 1860 AS q basis
and calling II 100. the rate Of wages
increased to 1864 to 1856 or 256 per
cent, and to 1880 to 1907 or CO., per
cent. In 1850 and 1880 there was gold
standard, and In 1864 deprecated
paper standard. Wages went up in four
years 20,B per cent, but the mOney which
the laborer carried was only the instrn-
ment which enabled him to procure the
necessarles of life. aud while 1t went up
the ladder few rounds, the nccessaries
of life that his wages had to buy 10
sustain himself. his wife and children
had assembled the rounds of the ladder
till they were lost in the clouds. The
annual average wages of laborers in
manufactures in 1860 was S2SS.a5. The
gold. In 1864 II was 25.G higher, or
S3O.4 cents in paper, and in 1890 it
was CO., per cent higher than in 1860,
and was S3S.O0 cents in gold. Now, tax
ing the official prices given by the bureau
of statistics and the finance committee,
the, result is shown by the following
table:
prices of products from 1873 to 1917
1SU0-Alonthly wages, S24.OS; price per
unit of luautty Stadard sheetiug, ner
yard, S.13c; quantity, 2T5. Standard
drilling, per yurd, price per unit Of guam
tlty. S.92c; quantity, 30 Bleached
shirting, per yard, price per unit of guam
tiy 1918; quantity. los. Standard
prints per yard, price per unit of guam
tity, 0.5Oc; quantity, 2o3. Print cloth,
per yard Per anti per quantity, Ollie;
quantity, AZ. Cut nails, per pound per
unit of quantity. 3,l3c; quantity. 100.
Refined sugar, per pound. per unit of
quantity, 10000; quantity, 30. New Or.
leans mOlasses, per gallon, per unit of
quantity, $500; quantity, 40. Rio coffee,
per pound. per unit of quantity, 13.OOc.
quantity, lSo. Tea, per pound, per unit
of quantity, 65,0Dc; quantity, 81. Tick
ing, per I'd. per unit of quantity, lIOOc;
quantity, al. Matches, per gross, per
unit per quantity, IS0Oc; quantity, 90,
Denims, per yard, per unit Of quantity,
1000; quantity, 100
1sG4-Monthly wages. 5000; standard
sheeting. per yard. price per unit of guam
thy. 52.0Tc; quantity, 5S, Standard
drilling, per yard, per unit of quantity,
53.02 quantity, 81 Bleached shifting,
per yard. per unit of quantity. 1890:
quantity. ". Standard prints, per yard,
per unit of quantity, 33,25c; quantity,
90, Print cloth per yard, per unit OF
y
nails, per pound, per unit of quantity
, 1850; quantity, 3So. Refined sugar, per
pound. per unit Of quantity, 3000c: quan.
: tity lOl, New Orleans molasses, per
gallon. per unit of quantity. i5OOlc:
quantity, 20. Rio coffee, per pound, per
unit OF quantity, $1,000; quantity. S4c
; Tea, per pound. per unit of quantity,
10000; quantity, ~. Ticking. per
yard, per unit of quantity, 1000. guam
; tiiy. Is, Matches, per gross, per unit OF
t quantity, 10000; quantity, 30 Deu-
inns. per yard. per unit of quantity,
5000: quantity. a.
! lSN-MOnthly wages, S3S.B9; standard
sheeting. per yard, price per unit of qual,-
uIy. Use; quantity, lG0 STANDARD
: drilling. per yard, per unit of unantity
d,4lc; quantity. CO.. Bleaehed shirt
} ing,per yarl,per unit Of quantity. 1866;
! quantity, 3US. Standard prints. per yard,
! Ter unit OF quantity, Coco; quantity,
1 $40. Print cloth, per yard, per unit OF
quantity, 2,00; quantity, 1,31l. Cut
nails, per pound, per unit Of quantity,
l.Sjc; quantity, 2,0I1 Refined sugar,
J per pound. per unit Of quantity, 4.50c;
quantity, $50, New Orleans molasses,
per gallon, per unit of quantity. 10000;
quantity. rs. Rio coffee, per pound,
: per uni, Of quantity, 1880; quantity.
, 2O0. Tea, per pound, per unit OF guam
: u,y. 2o,l0; quantity, 154 Ticking, per
: yard, per unit Of quantity 12.00c: guam
lily, 322. Matches, per gross. per unit
| of quantity ~ OOe. annuity lO4