Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1895-05-02
THE I.ABORING MEMS INTER
EST

THE LABORING MEMS INTER
AS the Atlanta Journal we'll
says, and with much force, no
class of our people have more
direct interest in the currency
question than the wage earners.
They constitute the largest class
of our entire population. Of the
10000 900 people in this country
engaged in work in all callings,
trades and professions about T.
100000 are wage earners in
manufacturing, mining, tran
sportation, building and other
industries, not including agri-
culture. To these 100000 must
be added the millions of clerks
and other employees who are de-
pendent on the earnings of their
labor
Those who make up this great
part Of our population have es-
pecial reason to fear the con-
sequences of deprecated cur
rency. They would feel its
damaging effects first and would
be it's most helpless victims.
| Should silver monometallism
prevail all these people will be
paid in deprecated currency,
and until they received two dol
lars for every dollar they get
now, they would lose by the
change.
The decline Of prices has made
their wages and salaries more
potent in providing the neces-
: saries and comforts of life. With
every dollar they receive they
can buy more now than they
ever could before. They must
know that there would be nc
commensurate increase of wages
with the establishment of the
single silver standard.
In a recent address to the citi.
zens association of Burlington,
Ia., Mr.. w. W. Baldwin referred
to the compensation of wages
here and in Mexico, a silver
standard country, and said that
!, if the nominal rate of wages
- should remain the same under
; silver monometallism, as it pro
, badly would, wage-earners II
: this country would receive one
> half what they get now. The St
= Louis Republic remarks:
d "Such is silver monometallisn
> to the workingman. Up to 109;
e free coinage was not construed
/ by any of it's recognized advo
e Gates to be silver monometallism
: Those advocates would have in
q dignantly disclaimed any desir
e to measure wages by a Mexican
or Chinese standard. The blum
der some of them made in Au
gust 1893 forces them now to as
, the American workingman t
q join in reducing the standard Q
4 wages to a silver basis thoug
% they are impotent to show hir
g how he can double the dollars b
# receives or each day or eac
II week of labor.
# ''The silver monometallist di
q not exist or was not heard fror
before 1873. He was, silent o
- called himself a greenbacker be
4 tween 1873 and 1893. In 189
O. the billionaires with their none
3 to spend for protected marke
70 came to the front and carried
~ considerable number with thel
+ who did not take time to leaI
,s that principle was being sacr
IF feed.
II ''Workingmen of all me
as should center their strength
= prevent a Mexicanization of tE
:, standard of wage payments. -
Id It must not be forgotten tn;
I. in a rise of prices labor is abo,
1. the last thing to go up. Wit
y the same wages they get now z
10 900, 900 people in this count1
I'd would have a good time payin
u twice as much as they now pa
At for everything they buy.
" This is what silver monom
n tallism would drive them to.
rs The poor mans dollar shou
lbe an honest dollar.