The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-05-17

but that everywhere new factories wer,
being started, and their laborers wer,
all employed and wages greatly in
creased over what they formerly were
He gave figures to show that the rail
roads in Mexico, the banks, the manu-
facturers, the farmers, the laborers
are all prospering, and agricultural pro
ducts, instead of going down as meas
ured by their home dollar, have ed
| vanced. And he also says that so fal
as he has been able to observe, similar
conditions exist in other silver using
countries.
While railroads In the United States
are going into the hands of receivers
railroads in Mexico are prospecting and
are paying properties. 1t is true the
Mexican railroads. like our home have
TO pay the interest on their bonds in
gold and have to pay very high
premium to get that gold, but after
paying this premium they still have
large profits left. The owners of rail-
roads in the United States could learn
a lesson from the Mexicans. About a
year ago, President Andrews,of Brown
university called attention to the fac;
that the gold using countries could not
|
countries and were liable to forever
lose this trade because the low price of
| silver was giving such an impetus to
manufacturing and to all kinds of
trade in these silver countries that
they would cease buying of outsiders.
! That consequently if we would restore
| silver we could get and could hold this
trade. against Europe.
ARE WE PROSPEROUS?
saw statement in a gold standard
newspaper recently to the effect that
we are now prosperous. had about
everything we needed and ought to
| thank the Lord that we are as well off
as we are. Now haveno argument to
make in answer to such wild state
ments as that. 1 simply leave it for
every laborer, for every manufacturer.
for every business man, yea for every
railroad man and every banker to an
sWer. We have unlimited resources,
have the most productive country in
the world, We have every kind and
character of industry and the in
genuity. enterprise, push and intelli-
gence OF our people are unsurpassed
anywhere; therefore we should be
prosperous and happy.
n L.
The very first thing and the last
thing that labor needs is a market for
its products. You may speculate to a
la'bOrer until ne is blind on the beau
ties of a dear dollar and il VIII do him
no good. His wife will be in rags and
his children will starve. He must have
somebody to buy that which he makes
If nobody comes to buy the things which
= L. e til
works must shut down. II IL shuts
down he is in distress and his purchas-
ing power is gone. The difficulty that
has existed in our country in late years
is under consumption, not overproduc-
are we are. Now 1 have no argument to
ton 10 buy what they need and they
viii nor be until there is a rise in prices.
When this happens then the whole
dsbtor and producing classes will again
be able 20 buy and there will be a res
toration OF our home market.
SHALL WE CONTINUE
This is the only question before Us.
For at present there is an organized
and desperate effort being made by the
federal administration and its adher-
euts and by those who control great
concentrations Of capital 20 perpetuate
e+4N o---s-4~ So 6eSl44tA1asA At4 N--N ''N----
while all fixed charges must remain
the same or increase. The movement
20 force the great nations Of the earth
10 gold basis has been a campaign
Of organized corruption. Every infiu-
ence that money could in any way con-
troll has been brought 70 bear. Nearly
all he great newspapers and other
agencies for moulding public thought
have been brought Up or forced inso
line and that army % men who have
been called handy hired men" - ncw
al work with al manner OF sophist-y
70 prevent The people from rising .
overthrow -his system Catch phrases
are invent ted everything possible - r.
sorted % delude the p0hlic. Much =
said about an honest dollar Ny fellow
citizens the mos dishones- dollar ever
given 20 man. a dollar elst has blood OF
Il, = the present gold dollar which has
doubled the burdens OF al debtors and
destroyed the happiness q eli tolie-s-
Il Is q two auadred cent dollar Th.s IS
what the gold standard has given you
fou have noticed that wherever the ad- |
herezts % tss federal ADMIN Isl ratton |
are able % control sasy are adopting |
resolutions Il Favor g the single gold |
standard Here Z Chicago these men |
have for about 4 week gain talked b. |
mstsIAS-n but - see thai tbs talk pz /
their part x insincsrs and - intended |
si-arly 20 enable them 20 Est Al a6ya1-'