The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-10

| " men look INTO the races OF Inc men VINO
hold the pillow, the ak and the hoe; when
look into the faces Of. the men who mould
the brick, carve the stone and hammer the
iron; when look into the faces OF the men
who erect the house build the ship and
construct the railroad; when I look into
the faces OF the men VINO manipulate and
operate all the marvellous machinery which
man has invented for the purposes OF loco
motion. for the transmission OF intelli-
gence and for the production Of the neces-
saries and Injuries OF life. realize that
they are the true soldiers OF civilization.
keeping step in the grand march Of pro-
gress as they toll for the sustenance and
comfort OF those dependent on them. AT
last, days work is the true unit Of value.
How much viii il buy? How much food
How much clothing? How much Of all the
necessaries and comforts OF life? Show me
that country where a days work viii buy
the most. and will show you that country
where the greatest happiness and prosper
ity prevails and the highest civilization has
been attained.
So profoundly am I impressed with this
truth that some two months ago l went to
the department of state, and requested
the lamented Gresham TO put experts to
work on the consular reports from all the
countries of the world making up state
ment showing the weekly wages paid la
Dor in each. I have that statement. 1t
teaches lesson which should go home 70
every laboring man. ! assert, without the
fear of successful contradiction. that there
IS not silver standard country on
the globe where laboring men are paid
wages sufficient to support them in com
fort and independence. The disparity be-
tween the wages paid skilled labor is
great, but the disparity between the wages
paid unskilled labor is greater, showing
that the poor are in a state Of restitution
In the silver standard countries which is
piuable, and that 1t cuts OF all oppOrtuni-
~ for the improvement of their condition.
A laboring man in the United States gets
for a days work nearly twice as much
in gold as a labOring man in Mexico gets
in silver, and the purchasing power Of
American money is nearly twice as great
as that of Mexico. Draw the comparison
between England and Russia,o even be-
tween heather Turkey, which is a gold
country, and heather China, which is a
silver country. and you Will find the same
result. all of which goes to show that labor
cannot earn good wages without the pros
perlty or agriculture, commerce and man
ufaetories, and these cannot prosper with>
out safe and reliable standard Of value
The advocates of the silver standard are
constantly Dining 1t into the ears of labor
ing men that gold has appreciated and the
wages Of labor have declined This at
earners whether ignorantly or intention
ally, made, is wholly unjustihed by the
truth of history. They fix the date Of the
passage of the act Of 1873 as the beginning
of all the ills which they attribute to the
gold standard Now, l assert and chal-
lenge the investigation of every thought
ful and intelligent man into the subject,
that the wages of labor are as high to-day
as they were in 1873 while the prices of
food clOfhiuU f11a1 ffubf=
building material, drugs, chemicals and
house furnishing goods are much lower
This important fact must be brought home
TO every wage Garner and when ii is the
country may rely on the working men TO
maintain at the ballot box the integrity of
our currency and to see that every dollar
they earn is equal in purchasing power to
any other dollar They will not be misled
| by the sophistry of the demagogue who
would make them believe that silver Is the
money of the poor and gold the money of
the rich, but they will hold fast TO the doc
trine that the money of the rich and the
money of the poor, the money.of the bank
er and the money Of the toiler shall be
| equal in exchangeabie value and purchas-
ing power at all times and in all places
prefer the gold standard because am
in sympathy with the cotton producers
of the south. 1t is not a matter of choice
with them. They have either to abandon
| the production of cotton, or make il to
| sell in the open markets of the world. Six
| ty-eight percent of all the cotton the SOUTH
ern people produce is sold to gold coun-
| tries. If we become a silver standard
| country, then will the cotton producers be-
! come the victims of the money changers
| Of the world The process by which the
| cotton will be exchanged for gold, and then
| silver will be an expensive one. Not only
would the vacillations in the price of sill
| yer be an element of risk which would af-
| feet the price of cotton, but the producer
| would suffer another loss in exchanging
the gold for silver
| prefer the gold standard because 1 am
tariff reformer For twenty-five years
! in common with my democratic brethren,
l have protested against the wrongs of
protection. L have felt, in common with
| all our people, the grievous burden Of be-
| ing compelled to sell our cotton in the
| open markets of the world, and then buy
! the necessarieS of life in a restricted and
| protected market At last we have lifted,
| in a measure, these burdens from the
| shoulders of the people, and now they can
! buy the necessaries of life cheaper than
! ever before. Should we go to silver basis
| II would necessarily result in an increase
of duties, and would have the practical
/ effect to Undo all we have accomplished
In the way of tariff reductions Tariff re-
/ form and sound money are insepara BILE
They are the keys to the open markets Of
| the world, and point the way to the COM
mercial liberty of our people.
| am for the gold standard because free
| coinage would not only bring the entire
country to state of extreme distress,
! but it would enable the banks, in whose
vaults the gold would be boarded, to pay
! their depositors in cheap silver dollars;
| and the great insurance companies, who
! are carrying more than four billions Of
! insurance on the lives of the people to pay
| their policies in money worth about fifty
| cents on the dollar in comparison with
| the money in which they have collected
| the premiums from the insured. These
companies have, for years, been investing
| the premiums received from the people
in gold assets, and ii would be a mon
strous wrong and injustice for the gov
eminent to enact law which would ena.
bic them TO discharge their obligations to
the people in 4 money less valuable.
And further l would retain the gold
standard because the men and women who
work for salaries. and the toiling millions
who work for wages, have entered the
services Of their employers at stipulated
salaries, or wages which are measured
by that standard and it would be a gross
injustice 10 pay them in money Of less
purchasing power. All experience teaches
US that salaries and wages would not he