Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1896-07-30
BLIND LABOR b
lice Guides who Seek to Misleod work
ingmen.


ingmcn.
Mesrx j. r. Sovereign, Samuel
Hompers, f. v. Debs. p. M. Arthur.
John Mcbride and several other officials
II labor organizations have united in
an address to the workingmen Of the
United States, in which they declare
their belief in tho free coinage Of silver
at l8 to /, and urge the election of q
congress which will overthrow u pres
ant financial system and establish one
based ON the cheaper metal. This at
tempt to commit organized labor to the
cause Of silverism is Justified, IN the
ground that the gold standard causes
distress. widespread suffering and un-
happiness among those who create the
wealth of the country.
There has been a disposition on the
part of most Americans to regard labor
organizations as beneficial to their mem
bers. not SO much on account Of possible
increases in wages to be secured through
their agency, but as educational institu-
tions through which the workers might
get a better understanding Of matters
affecting their interests. Judging by
their attitude on the silver question, the
benefits Of the principal Ia
Dor associations have been very limited.
The address which the so called labor
leaders" have signed is merely n rehash
Of the old decisions and fallacies which
the cheap money advocates have been
repeating for years. In itself it is only
worthy Of notice because the official po-
sition Of the men issuing it may lead
some misguided workingmcn into voting
for free coinage candidates.
Among other unfounded assertions in
which the address abounds is the claim
that the country is now suffering from
currency contraction caused by the al
legged decentralization of silver in 1878,
and that this contraction has thrown
hundreds Of thousands of operatives out
Of work, and has forced wages down. To
this it need only be replied that where
a. we had less than $50, 600, 900 of sill
Q money and less than 500, 600, 600
Of gold in 1873. we now have 1926. OOO.-
600 in silver and over 5000, 900, 900 in
gold. With men who call that great in
crease Contraction it would be use
less to argue.
Az a remedy for low prices and hard
times American workingmcn are told
by these leaders that a l6 to l law
would greatly increase the volume of
money and bring higher wages and pros
perity. Neither assertion is true. Free
coinage would not give us more money,
nor would it raise wages. Mexico has
free silver. and the volume of nom is
less than &5 per capita. China. another
silver country. has 81. OS per capita
India, with the silver standard, has
o. 50 per capita. And in all these silver
using countries wages are far lower and
the people far poorer than in the gold
standard United States. If free coinage
will raise wages. why has it not done 80
where it has been in force for many
years1
There is no evidence that any consid-
cradle number Of American workmen
are worrying because their wages are
paid In dollars which have a high pur-
chasing power. But if any Of them
should be inclined to follow their blind
leaders into the swamp of financial dis
aster and bankruptcy they have only to
AL, "What is the condition of the work.
eFs in silver standard countries IA CON-
pared with those of the United States?"