The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-10-28
What Mage.Earners
Shodld Remember

That II Mr.. Bryan is elected president
he cannot repeal the laws of nature.
That legislatures are powerless TO legis-
late value into any commodity.
That Mr.. Bryan himself stated IN
speech in congress that the decline IN
prices OF manufactured products mas peeh
due to the multiplicity of labor-saving
inventions, the object of which Is 10
cheaper the cost of production.
That the prices of wheat, corn and other
agricultural products have been material
ly affected by the wonderful perfection OF
agricultural labor-sav!ng implements and
by the law of consumption and supply.
That the rise in wheat during the last
six weeks and the decline in silver DEM
onstrate beyond all controversy that
wheat does not now and never mas de-
clined in sympathy with silver.
That the 20-cent rise in wheat has been
due to short crops in foreign wheat grow
Ing countries and bears no reiatioh' near
or remote, to the price OF silver.
That Argentina, which up to 1877 was
unknown to wheat merchants as COM
petitor among the wheat producing coun-
tries, threw onto the market q crop of To-
5l6O67 bushels in 1SsS-e2 ana In ls93-So
increased her crop to Il, $4,000 bushels.
That If Mr. Bryan's contentious are
true the tremendous peach and apple
crops in Michigan this year, and the con-
sequent low prices are due to the gold
standard instead of the bounty OF nature.
That If Mr.. Bryan Is correct when he
says that free coinage VIII make silver
worth $l.29 per ounce, then we would still
have the dear dollar and the same con-
ditions of which the repudiationists COM
plain would continue to prevail
That II Mr.. Bryan is not correct in this
statement then the free coinage dollar
would pass current at its market value,
which at present would be about SO cents.
That when We purchased for coinage
2,250 tons of silver per annum the price
fell from SLIT to rs cents between 1890
and 1898 and the production of silver in
creased 81 per cent.
That three-fourths of the population Of
the globe. representing the most unpro-
gressive nations, now have free coinage Of
silver, and yet the bullion price for S7lA
grains is only SO cents in all the markets
of the world.
That Mr.. Bryan's scheme does not con-
template the purchase of silver bullion
by the government, and hence there is no
probability of the increased demand for
silver, which silverites claim would raise
the price of bullion.
That the 423.0OO.000 silver dollars that
have been coined since 1873 are kept at
parity with gold by the government be-
cause they We're coined by the govern
ment from bullion owned by the govern
ment and We're paid out by the govern
ment at a parity for services, property,
etc.
That under Mr.. Bryan's free coinage
scheme the government would not own
the bullion or the coins, would assume no
obligation to keep them at parity, and
hence the purchasing power when paid
to the laborer or the farmer would be only
equal to the market value Of the bullion
they contained.
That this would mean depreciation in
purchasing power of 50 per cent. in the
savings Of the people as represented by
the deposits In the savings banks and the
assets of building and loan associations,
mutual and benevolent societies and life
insurance companies
That the dollar we now have is not "too
good if the laborer is given an oppor-
tunity to earn it.
That the only policy which will give
him a chance to earn 1t Is the policy Of
Mckinley. which proposes that American
shops and American farms shall supply
the American markets.-Times-H Herald.