Potosi journal. (Potosi, Mo.) 1894-1929, 1895-10-30

found! Follow me up, Brother
AXE, until l show you a new, full
stock of new and clean goods.
have just cleaned out my job lot.
to you before opening a new stock
Will say that l will not be known
in Washington County politics il
1896.
''He docs not condesccnd to men
ton where he obtained the statistics
above quoted; perhaps he considers
any inquiry impertinent." Oh no
friend AXE, not at all so. | vii
now whisper in your ear where ]
found the job lots. In part, tool
them from the report of Chas. +.
Peck, commissioner of bureau OF
labor statistics, Of New York, d
genuine Democrat, and appointee
Of Grover Cleveland, not one o1
Peck's bad boys, but good honest
Democrat whom the tariff reform
authorities of the state of New York
had arrested and his office taken
from him, and who was held under
arrest from August, 1892, the time
he made his report, until after the
election of November, 1892, for
the sole reason that his published
report did not agree with Demo-
cratic theories of tariff reform.
Notwithstanding your assump-
ton: from the day the Mckinley
bill went into effect, until it was
repealed by the Wilson bill, facto-
ries, furnaces and mills were closing,
wages going down and tramps null
tiplying, in the single state Of New
York there was a net increase in
wages of $6,377,925 in the year
1891, as compared with the year
1890, and net increase in prodLlc-
ton of S3I, ,315, 13O in the year
1891 over that of 1890. The same
report shows that there were no
less than III instances Of indi-
vidual increases in wages during
the same year; while the total aver
age increase of yearly earnings Of
2S5, 900 employees was s23. IL; the
average increase of yearly earnings
of the employees in tifty-one trades
showing an increase was 1896 in
1891, as compared with 1890. And
it was further reported that 1,74O
less strikes occurred in 1891 than in
1890, and out of the whole number
of strikes reported, So per cent
were in building trades. Now
friend AXE, in adj candor and fair
ness, explain why Democratic facts
do not agree with Democratic as
sumptions aud theories!
We will further let history tell
the tale of how the poor people
were gulled by assumptions and
theories that never came true.
The facts are that the loss in wages
from April 1st, 1898, to April 1st,
1894, was $935, SIG, 400; loss in
price of stocks, bonds and sccuri-
ties, Sl, 1850, ,6O1 ,625; loss on six
agricultural products by deprecia-
ton, $354, 538, ,496; loss on pig iron,
prices of 1892 compared to those of
1898, $54, ,942, 900; loss on silver
mined in 1892, at 1898 prices,
$11, 100000. Total loss in stocks,
bonds and securities, six agricul-
tural products, pig iron and silver,
81, TT, 1873, ,56S; loss in actual busi-
ness transacted by the people in
IS principal cities and business
centers, from April l, 1898, to
April l, 1894, $13, ,S14, $50;
grand total, $16, 1898, ,O13, ,22S, loss
per capita for every man, woman
and child in the United States Of
1852. To show a comparison be-
tween two periods: in 1863, under
a protective tariff, the number Of
business failures was 465, and the
amount of liabilities was 81, 1875, ,672;
and under the shadow Of tariff
REFORM" 1898, the number of fail
ures was 1851, and the amount of
liabilities was 57,77S,697. Pret-
ty startling lesson to learn in one
short year. But that is only a
foretaste of what we would expert
ence under the free and unlimited
coinage of silver ut ratio of Is to
/, unless done internationally.
Kindly answer, friend AXE, and
make good your assumptions as to
the effects Of the Mckinley, and So
called Wilson, bills. Do not an
swerc by calling some one dam
phool," 'truculent little fellow, :"
etc. It is facts the American peo-
plc want. AMERICAN BRAND.
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