The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1894-07-19


'r a saz ase and eo
what conceived to be for the highest pub
lie good th have e, aimed to be consse1r =,
4 precedent and to avoid all that savors or
! jingoislh I have felt that if any radical
i 10 be inlug urated, it SHOULD come from the
! people, Through the legislative department.,
and not through the exscntiye; # am IN
state to the best Of ny Judgment and abil, !
ity, impartially and without fear or favor as !
to any GLASS; person OF interest.
On the Hard Times.
i We have been struggling for more than a
year, and are still deep in the midst Of a
srs grea ttr ss las igrss M tsss All %
terests aLd all enlp!oyments The. purse
strings of capital through want aot Of cont ont
iry, have frightened OF have become entirely
coDgestel. In consequence Of this fact, to
been greatly reduced and narrowed. This
i'll it's turn has largely increased the army
reduced the scale of wages 81, those who
sill have something to do: With capital in
hiding and labor furnishing for want of
something to do, economy and want have
brought about reduced state of cons'np-
ton and an ENLARGED state Of oyer prod!n I:,
has. bell. further intensified by, prolonged
strikes Of unusual magnitude, which, what
ever may have been their intrinsic merits,
have visibly aggravated the industrial con-
dition, Increased the army Of unemployed,
frightened sin more capital into o. hiding i'd
ganized society and threatened it with up
: heaval and chaos. In the face of an indus
, trial and, social situation such as this, it
seems selfish and heartleSS in the extreme
| to parade before a troubled people, as the
cause Of these ills, the fact that wealth altl
wealth Of the farmers to, the aggregate
Wealth Of the country is not as great aht as IN
have been paying it off in gold, and, chief
a Of all, that silver was demonetized in 1878.
nosis have one universal cure for all our
s ills. Need 1 name it? 1t is the uncondi.
tional free coinage of silver on ratio of
:, While in critical times like these, when
). our house is atire, as it We're, and our first
e to dispute about the cause Of it, you will
pardon me if I pause to make these n e,,d re-,
against ric6, class against class. There las
equal eu al distribution Of Wealth. and few who
are excessively rich, as compared with the
netcr mor and SHs
dissipated by prohigate sons, there is no
times nS have dispelled it: for VINO nave been
vff as the c Wacng paa them
ToFd give neither s povsTS
Our national debt was incurred For that
greatest Of all purposes the preservation res,
the all oTer the we wd nn Ike
Poop we have paid the debt in the uni:
paying this debt, prosperity was with us:
It is only since we have ceased to pay, ana
and depressing times have come upon us.
" The Silver Question.
The decentralization of silver in 1873 is ar
. obsolete fact too remote to have any bear
ing on present conditions. When silver was
half century had been prniG4tea e%f
year before RESUMPTION, silver was duly re
1879 sSer has g rad afy d
!. value, chiefly from two causes: The almos
IL unanimous Representation of the same il
SIS Europe and the largely increased produc
ton thereof throughout the w95ld 4 Dnrn
es friend silver has had. From 1878 until 1872
OF we purchased and coined aed silver bullion t
from $50 to- st We sver bull
ant eRe fS9 IF H
'ss against $3.50 10000 Of gold, Of which sioo
ha as a redemption fund for the $346, 0OO, 600 O
'aI greenbacks: France has silver circulation
GS6 as h aganst gold re- nan
to lation of 255, 900, oo0 has in circulation onl
on 5000, 600, 900 Of silver, IS against no gol
2RS e eP 6E $2sG IS 81 Of pReo
ne has only $1,000, 00o, 900 Of silver circu::atin
on it's bullion value in a, crcH 1 Th IS
he aggregate Of our population and the aggrc
,c- gate of our currency, as we'll as the mode Q
- Stricken down, but that, on the whole,
Sc, is in as much favor here as anywhere. w
ra- have not only maintained a parity in value
between the two metals. We are all in IL
r.. vor Of the free coinage of silver. under sue
Wis culation, dollar for dollar, on a parity wit
Re- gold, without requiring an ultimate redeml
ou Of Soa gr
ID ism would in one fell stroke divest us of
~ full half Of our METALLIC currency, an
of such countries as China, India, Mexico an
nes South America, while honest, sound bime
uty asm VIII keep US in touch t for purp pos;
The Origin of Our Ills.
Those who today for selfish purposes, ar
course Of our government for the last qua
ter Of a century, overlook the fact that tt
hit very goodness Of our institutions are to
-, large extent chargeable with our prese1
ills. America has been until the last yea
i'm as compared with other countries, the labo
lon er's paradise. Labor, ATTRACTED by bctt
sch, wages better living and better homes thu
'on- elsewhere has focked to our shores
ans great numbers, and we are today more e1
h barrassed by this overplus of labor til:
--, from almost any othed single cause: Y
have absorbed much. but there is q limit
me- the digestion of even a giant. Could t
labor that has come to our shores within t
last ten years again find work abroad, t
labor problem would be much simpil
and be much easier Of solution. Grantin
which is far from certain, that 5, strikes likes nj N
dent that they do not tend to enlarge t
field of labor or increase, the, demand t
it. Capital may build railroads, enginee
and iremen conductors and brakemen III
stand ready to operate them, and yet the
will be nothing to do nothing to earn, u
less there are farmers and producers
furnish the traffic IT. is a phrase of t