The times. (Owosso, Mich.) 1882-1897, 1896-07-10

with the outlook on the gubernational ques-
ton.
The next meeting of the Michigan Press
Association will be held either In Detroit or
Grand Rapids In August or early in Sep
TENDER.
Hon. w. NJ. Fitzpatrick is to be one of the
speakers at a Mckinley and Hobart ratif-
cation meeting in Mason, Tuesday evening.
Supt. Simmons will also be present
THE TINES gives several columns of
space this week to the discussion of the cur
rency question and we ask every one of our
readers to give the matter their careful at
tention.
Robt. Smith & Co., state printers, and ID
d. Thorp & Son, publishers of the State
Republican, both of Lansing, have CONSOLE
dated under the firm name of the Robert
Smith Printing Co. The new firm expect
to move into new building during the year
and with their large outfit they will have
one of the finest plants in Michigan. We
are especially pleased to welcome Robt.
Smith back into the newspaper fraternity.
s. j. Tominson succeeds G. F. Kimball
az one of the publishers of the Pontiac Ga
zette. Mr.. Kimball has been connected
with the Gazette for rs years and never
once has the paper faltered IN upholding the
principles of republicanism in the most stall
wart style. Mr.. Kimball has been an honor
to the craft and 1t is with regret that we
note his retirement. We are, however,
pleased to welcome Mr.. Tomlinson back to
the journalistic fields of Michigan.
Mark this: The minute free silver bill
is passed, down goes the value of the silver
and the paper currency of this country bas-
ed on silver, one-half or more. Every man
working on salary and every workingman
will be paid in silver or currency based on
silver. And the effect will be to debase all
salaries, that their purchasing power will be
only one half or less of what they are to-
day.
Free silver is all right for capital, which
always takes care of itself, but the man who
works for wages and who votes free silver
is fool.
He simply votes to impoverish himself
and his family.
This free silver scheme is one gotten up
to promote dishonesty. Its main and only
his debts In debased currency so that In
reality he will pay the man he owes one
half or less of the honest debt. But even
then, If the debtor depends upon salary
to earn this money, he will be worse off
than before, for he will find that salaries
will not go up as the currency he Is paid In
goes down, and be will have nothing left to
pay his debts with.
Free silver coinage will make the rich
richer, but it will be simply suicide for che
masses.
The currency of this country to-day Is a
safe one and sound one. When q man
receives dollar he has dollar in reality as
we'll as In name. Change this, and you will
create condition that will bring disaster to
the great masses who earn their living by
the sweat of their brow, and upon their
depends the prosperity of this
nation.
1t Is easy to see how the farmer who
10 In debt or the manufacturer who Is In
iebt and has large supply of manufacture
ed articles on hand, or the merchant who Is
N debt and has q stock Of goods on hand,
would favor scheme that would initiate the
currency, and help them pay their debts
contracted on an honest money basis with
. dollar that is debased and only worth half
what dollar should be worth.
1t is easy to see how such people can fav-
,r the free and unlimited coinage of silver. |
But they are the only classes who will be |
benefited, IL dishonesty brings benefit to |
my one. To every other person this pro-
position would be curse.
We want no recommendation of either sill
er or gold, but we want both metals and
table paper currency based upon them
10Th, as we have to-day.
1t is best to let we'll enough alone.-Ann
ATDOT OOuIltT.
The free silver advocates talk all the time
bout the decline In prices since the de-
,onetization of silver in 1878. They are as
ar "off" in that matter as in most others.
here is nothing in the market more uni.
ersal than labor, and the facts about that
o not confirm their theory. Quoting from
arrol d. Wrights tables, which nobody
as been able to refute, the rate of
ages advanced from 1860 to 1870 from the
ormal standard of 100, to 1872 2. From
$40 to 1880 1t had fallen off to 141.5. In
Ss5 the standard had raised to 1907 and
800 it stood at 1889. Another way to put
is to consider the purchasing power of
ages, or what they will buy. Taking the
anne year, 1862 and the same standard of
DO as the normal and wages have increased
; follows: 1870 to Hal, 1875 to 1874, 1,
$50 to 1873, 1885 to 1872, 1890 to 172.1
The late j. M. Turner, of Lansing, car