Evening star., 1896-10-26

coasts, where showers may occur tonight
money and such increase will increase the
cemand for commodities, and prices OF
commodities will rise ,and there VIII be In
creased demand fer labor and wages Will
rise.
"But the rise in wages will be only tempo
rary-continuing until the increased de-
mand for commodities has been supplied
and then wages will be forced back again
The effect will be substantially the same as
that produced by the application Of slim
ulant to one who is Overburdened.
THE general rise in prices will be In pro-
portion to the increase In the worlds sup
ply Of money. This rise will be slight. but
permanent.
There will also be local rise, in certain
lines, above the general rise, which Will be
transient.
Farmers will not receive any considera
bly, higher prices for their products, as such
products, being produced in excess of local
demand, are fixed by the prices in the mar
kets of the world minus the cost Of trans
portation thereto.
I'm lines of commodities where there are
artificial barriers erected between the mar
kets Of the world and consumers, by tariffs.
prices will rise above the general rise due
TO the increase of the worlds money sup
Fly:
prices for their product. This is outrage
Gus. Labor must pay 1t all. But 1t is
no more outrageous than the higher prices
labor is compelled to pay by reason Of the
operation of tariffs. 1t is also absurd. 1t
amounts practically to a present by the
people to silver producers. CThis feature
might be- to some extent, mitigated by
having the law require the Treasury De-
partment to purchase all silver offered it
ard pay the market price therefor. anI
then issue notes thereon at the rate of one
dollar for each 81 IA grains.) But apart
from all the fallacies urged by the free
silverites, there are good reasons why /
should go with them.
II am an aEti-monopolist. There seems
to be realignment going on in political
parties-the monopolists all going with the
republican party, and the anti-mOnOpolists
going with the democratic party. While
the democratic party has not yet proposed
any measures that will be in the least ef-
fective In destroying monopoly. yet. there
is good ground to hope that, II the realign-
nent can be made complete after a num-
ber Of failures 1t may acquire sense enough
to enact efficient measures.
''The parent monopoly is the land monop-
oly The only way to destroy that Is to
lay a sufficiently heavy burden OF taxa
ton on land, exclusive of improvements.
and on the basis of its value. This would
compel the application Of all land to its
best use, and would make good land easily
accessible to labor.
'The monopoly of commodities can only
be destroyed by breaking down the barriers
to free trade, by repeating the tariff and
similar laws.
Questioned by Single Takers.
At a meeting of local single takers yes
terday afternoon at the intersection of
Pennsylvania and Louisiana avenues re-
marks were made by Messrs. A. P. Davis,
d. Webster Groh, ]. H. F. Eschlepp and
others on Promised Political Reforms"
The speakers said that American pro-
ducers generally would receive no perma-
nent benefits from the measures promi-
nently advocated by either Of the two great
political parties. and that the people. dis
gusted with each party at the end Of a
four-years' term, had alternately put the
one party in power as the only way Of get
ting the other out
The following questions were respectfully
addressed, in the form Of an open letter. to
the leading politicians Of both political
parties, viz:
a. AS money is simply the measure
whereby services (material.zed into labor
products or otherwise) are exchanged. can
changing this measure give some men more
others receiving just that much less?
'2. AS fuctuaton in the dollars purchas-
ing power is the real evil, would not infiat-
ing the currency be equally as great
crime as contracting it? If not, why not?
IS. At inflated prices, would not proper
tionately more of the deprecated currency
be needed to handle the same business thus
leaving enterprise generally relatively
where 1t Is today?
~ Does the last thirty years general de-
cline In average American interest rates
indicate a money famine? What does it in
dicate?
IS. II tariff on articles cheapens them
ought 1t not be put lightest on finished
products and heaviest on the raw material
to cheaper it-and thus widen our manu-
facturers' margin of profit? Why did the
Mckinley tariff invert this order?
''6. But If the Mckinley tariff increased
prices did it not thereby necess.tate larger
volume of currency to handle the same
products and correspondingly increase the
financial stringency?
'7. Can we protect laborers by making
dear (through tar:fs) what they buy
goods, and admitting free Through unre-
stricted immigration) what they sell-labor
49, If the tariff Is no tax, why refund to
exporting manufacturers 30 per cent Of the
duty on their imported raw material? Why
do so II the foreigner pays it?
&c. AS foreigners expect pay involving
American labor cost, can imports dispiace
American labor? If they will accept pay
involving no labor cost to us, why not trade
them as much of this inexpensive delusive
nothingness as we can for their substantial
goods?
40. II international trade is impoverish-
ing, is not interstate trade equally hurtful?
I'll. Why with gunboats blockade our
enemies ports, to injure them, and with
tariff blockade our own, to benefit our
selves?
'12. Does not speculative land monopoly
iEture both labor and capital more than
either our kind of money or tariff"