Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1895-08-30


i SILVER AND N GES.
HOW FREE COINAGE VIC uLD AFFECT
s5sS THEs VA oRER. S
American Gold Wages VIII; NJ Reduced
q Indis silver Wages Nronts 81 Em-
pioysrs win Re Advanced silver Ques-
tion n = Nntsheli. n ".
The following ID an ex tract from
8 Free Coinage Disaecsed, 4 recent
number Of Sound Currency, .hy the Zion.
John De Witt Warner
But there is Other vss.y to look at 1t.
We have seen how appreciation Of gold
means higher wages to the laborer.s
How let me show you what this so call
cd appreciation Of silver means. I short
" since heard very pleasant gentle
man, Mr.. Cannon, q delegate in the
next congress from Utah, expound the
silver side Of the free silver question,
and he.went on to explain, first, that
prices sof goods were low here because 4 e
tney We're measured ~ gold, ana then
tn 1i on account OF our wages here be-
ing paid in gold which was costly
and wages in India, China and Japan
being paid in silver ~ which was
worth only one half what It had been
they had oO per cent ut I advantage, and
that tnat therefore there was great danger OF
manufacturers being driven from All the ll'
, WORLDS markets. 70 you see what that
m me Ihat their wages are 90 much ltut q
lower tn '7ll OUTS % account q the appre-
clatlo ION q goo 80 mere; tnat, unless our
wages. are rel MADE equivalent val 20 theirs, IN
tnat respect az least- % prices are
lnnated mere "a TINS country 50 that our
gold' wages WI! Duy 40 more mo- than thelr
silver Wa9es-tn 'l LABOR &C will tend TO
drive our labor ont. ~ other words, the
propos1t 40 70 appreciate silver IS prac-
tica!ly Proposltlon 20 cut the wages OF
the laoorers o. TINS country 90 squarely IN
half IN order TO increase the profits OF
their employers. 4 4 .:~
Three months ago, though ! should
have argued th rs l believe 1t to be
true should not have ventured to
state that IT was the serious contention
OF the free silver advocates. But l have
not merely heard \ II put torc1bly BY the
gentleman ! have mentioned 'l as speak
ing Tor that cause, put l have it IN an
otner s statement. pr henry Meysey
thompson ls one Of the leading arg silver
advocates. he offered q large prize Tor
man nan VINO would write the best essay
explaining now II was that emma ana
INDIA and ti other T silver using countries
were getting an advantage s'c' q over 1 Eng
land, and g great many people competed
1or that Prize. Mr. Jamleson' the - brlt
1sh = consul at Shanghai, wrote SO good q
paper that ne " was IS awarded the prize,
ana an' that essay IS now the chlef stock e s III
trade OF the British agitation Tor the
restoration est q silver. NOW let me read
you something from u Slr henry
Meysey thompson y PROUD q o. T. Here
= j. wages u tne sola uslng coun.
trles nave, through tne apprecla t1on q
Dscellt lvo s'r c.'1is se'.ars'l. sll.ll
tlney WeIe relaelvely - siiyer WAGES
ana tne Ia ulacttlre. - olie SILVER scailu.
ara countries e. can op ~ ms tapqr .!
.,L rs cos5 "nicn ~ io,lneily pau
1n = WINE oio essaonsneo inousor'es
!. Engla , are Dare4y paying expenses
new y, 1naost-les - lnuia are ailsln =
Droaocasc ana paying ha as! :, 4
: ana M tne re1heuy plcposeo ~ sil =, az
vocates III Eneianu = ~ coliec1 .nis az
precla11on .! eoiu anu iaise pil1es' ~
tna1 the DtlClsh WorA1ls an Ilouen gov
only han sthe real wages ne gets now,
enabled 10. 70 compete W''n 'ne Ano'an
*. 4 similar view is taken By Senior