Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1895-08-15
": D. Wilcox, Of Chicago-How about

Mr.. Horr-Gold the same. I am
glad You asked me. That 10 aquestion
l will answer right now. Gold has de.
preciated in value less than 100 years
50 per cent. It IL cheaper now than Il
was in 1873. All articles that can be
produced by inventions are cheaper
than they were before the invention
was made. Every method which brings
machinery into play and puts less hu.
man toll into the production Of any
article cheapens that article. The
whole trend Of civilization is to Cheap
en- human products, gold Is we'll as
silver and wheat. A large number 81
the articles today produced In the
world have not been decreased in value
at all by the decentralization Of silver,
but simply because the laws OF produc.
ton have crowded down the price.
WHY GOLD IS CHEAPER THAN IT WAS IN 1874
.How do ! know that gold Is cheaper
than 1t was In 1873? I will tell you,
now listen addressing Mr.. Wilcox)-
you are q younger man than / am and
you have q respectable FACET wish
could say as much for the crazy man
beside you. As to the measure OF
value by human toll: The rate OF
wages; the amount of gold that q man
can get for q certain number Of hours
work, tells me whether gold has de-
creased In price or not. / can get to-
day twice as much gold for q days
work following the pillow as / did in
l849. The people in this country are
paid In gold for their work; SO they
were in 1860. Wages are 20 per cent.
higher, paid in gold, for the same
gold deprecated, then, when you
amount Of work than in 1860. Has not
measure it with the great commodity
Of human toll?
"What l find fault with is that the
silver men invariably leave out Of
their calculation this article of labor
and the article of labor is the greatest
article known in the civilized world.
You think for q moment. Do you
know how much would have to be pro-
duced In this great nation Of ours to
supply the necessities of life before
We accumulate property at all? Be-
fore there Is anything left of accumu-
lated capital this nation has to be sup
piled with e15,OO0,OOO,OOO Of products.
That much has to be produced by the
workers of this country to supply the
consumption Of the people. COnse-
quently the question of how labor is
paid Is Q great question In this and
every other country.
THE CHEAP AND THE DEAL DOLLAR,
Mr.. Harvey-Mr. Horr says that
everything has been cheapened, in
GLIDING gold. To say that gold and
products cheaper simultaneously is q
financial contradiction. You buy gold
BY exchanging other property for it.
When 1t takes more property to buy
gold than formerly, gold has risen.
Instead OF becoming cheaper, gold has
become dearer. That is the case now.
and yet Mr.. Horn, by sophistry, rea-
sons that 1t has become cheaper. He
says to the laboring man: You can
buy more with q gold dollar now than
you yer COULD and then turns to you
and says that gold is growing cheaper
all the time. He transfer ms himself
at pleasure from a dear dollar advocate
to q cheap dollar advocate. It re-
minds me of q story. / mean no dis
respect to you, MI Horn, but the story
is apt. A negro went to q neighbors
and got q pig. He started home with
the pig in q sack and setpped into a
saloon. While he was drinking and
being entertained by the boys, the pig
was taken out of the sack and q pup
was put in, SO when he left the saloon
it was q pup instead of a pig he car
ried. When he reached home he dis
covered that he had a pup instead of a
pig. He put the pup back into the
sack and started at once for the neigh
boris to Q how it all happened, and
on his way he stopped again at the
saloon. He was again highly enter
tanned, and the pup was taken out Of
the sack and the pig put back. When
he reached the neighbours he explained
that 1t was all q mistake, and he had
put . pup instead of a pig, and empty
ing the sack out rolled q pig.
"sBefore God, Massa,' he said, that
pig al turn from pig to pup and from
q pup to a pig as often as he wants to-
Laughter.)
with us now the price of services
or property means the gold dollar or
its equivalent. Price has q definite
meaning. 1t is gold that property and
labor is being priced in; It is not
priced in labor, and the average hu-
man intellect will have to be reduced
q little lower than 1t is now before MI.
Horr can call the people out on q limb
and chop the limb of and mangle
them any more than they are now
mangled. He is trying to lead you of
on a theory that has no practical ap-
plication as q monetary unit"
Fine Stock Burned.