Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-09-23

labor is greatest and the demand IS
least, wages must come down.
Through labor organizations he may
keep wages UP for a time. or exc mat
ters GU. by working part OF day,
but the first thing he knows thsre is an
idle man seeking his place. We all
understand this, but the gold bugs say
it is reproduction. (Laugnter).
What rubbish. There is a greater sup
ply than the demand. which means
the consumption has fallen off. Il g
the law of supply and demand again
the supply is greater and the demand
remains the same, and as a result
prices are gradually pulled down. They
really understand IT, II isn't because
we produce more than we want or nesd.
No enc has TOO much property. II isn't
that there is more produced than we
want or can use, but that there is
more produced than we can buy:
Il appears TO be the theory OF
the gold bugs that the more you pro-
duce the worse off you are. daughter.
That the more you have the
worse YOU are off. That the
bad times are the result OF in
dustrv. and that instead Of happiness
and peace it is misery. Lei us see "A"C
ii is. We are not prosperous III pro-
portion 10 what people want, Dut N
nroportion to what people are able 10
buv. These people really nave
me;hod. They say: If you will give
rs subscription for a certain amour,
we will build a railroad, or If you Will
subscribe so much we viii Duliu q
factory Railroads were projected III
the great West, TO open up vas
stretches of territory. and their pro-
moters appealed to the general govern
ment 10
GIVE THEM LAND,
and millions of acres OF the puOlc
Land were handed over to promote
.5oir construction. Thus 'oyer-produc-
ton; began. and now these same men
noel, at us. Ask them why, when ihey
struck the foot hills Of the ROCKY
mountains, they closed up the mines
on the hill-sides? They knew may
if they did not produce more
money metals property would
come down. Don't you think 'Aey
under,ood that the shorter me
chime Of money the world had the
more nroperty it would represent;
Don't Won think they knew what would
Lennen9 If not. why did they strike
dcwn silver at time when it was more
valuable than gold? Because the
worlds stock of gold was increasing
too RAPIDLY. and in 1873 they deter
roined tn en-. off one-half the world
SIMPLY of redemption money. my
knew that the effect would MOI De IelC
a. the moment. but they knew that year
nv year The pressure would grow greater
mill the debtor class was wiped Out
~Tbere is no less greed now than mere
nsed 10 b.. The history OF The world Is
A HISTORY OF GREED
and there will always be moneyea
cIses greedy for more ana ANXIOUS ~
CO, i in any way they can. Go back
20 mo RibljcaI story Of Joseph and ms
bre[brsn. Sc. IL of them wanted to XIII
him hut one Of them said: No; let's SCI!
e.inl Oaughter0 There was greco
ag9in. Finally Joseph was soid mo
Fgvnf and when he arrived there II
came 10 the ears Of the King tlat he
had predicted there would be sev years
of plenty, followed by seven years 81
famine. and the King said 10 nm; II
that is so, l want you to be my righI
hand man. | will make you second III
the Kingdom TO me. Go and build
harms. and Dit therein the products OF
the seven years OF plenty And Joseph
did so. and there is no record OF N
reople having been warned Of wha, was
70 come. and when the first year Of fam
inc came the people came 70 the King
and joseph and said they were starving
and offered money for food. And JOS
eDh and the King took he money and
they id the people for the first year.
The second year they came again and
said: Behold We have no more money,
but We are starving. And Joseph and
the King said: But you have cattle and
the people gave .hem their cattle, and
they were kept the second year. The
third year of the famine they presented
themselves again. and said: Good King,
we and our wives and children are starry
ing. We have given you our money and
our cattle, and now we have nothing
left And the King said You nave
your land LIFT and yourselves So they
sold the King their land and themselves,
and the Good Book says
THEY ARE SLAVES TO THIS DAY.
(Applause.) Do you think that the
RoJhschilds and The money kings OF
Lombard street and OF Wall street have
any more feeling for you than Joseph
and the King had for their people? No,
no, bit. Are not the people intelligent
enough to see that the law Of supply and
demand regulates the exchange value os
money? If you do, you see all there is in
this question"
Mr.. Hardin then took up the financial
question in other phases. and discussed
It a, great length. making many happy
applications Of Illustrations. His ex-
empliticatiOn OF how the private debts
OF corporations We're so manipulated aJ
TO become the public governmental
debts Of the people was particularly
clear and as ne proceeded he scored
point after point with the happiest effect.
On the subject Of The alleged fifty-cens
dollar ne was also very happy.
I'VE know that there is something
wrong. We know that things are out Of
gear. We know that property IS down
and money up. We know thar me
financial system is out of plumb. We
know ii pays better to hoard money
than TO use it. What is 1t?
They talk about anarchy. Why. Herr
Most is with John Sherman and John
G. Carlisle for gold, because, he says
that if the gold standard IS held on to
anarchy Will surely come. He says
Carlisle and John Sherman are