The citizen. (Frederick City, Md.) 1895-1923, 1896-10-16

I three millions Of tFampG in the country
asking for bread? When the price Of
commodities were doubled and the
coet Of wages IN labor advanced only
fifty-tWo per cent. did not working
mems families depend during ali that
era upon societies or charitable organi-
cations during the entire winter for
fire and food?
The country during the very period
covered by rising prices, did not the
great development Of our national in
dusiries Immediately follow the paper
money issues, and the revival Of busl-
/ ness activities, the rs-aTakeuing OF pri-
yaie industry aud energy. and then
{ followed our marvellous increase in
national wealth and individual pros
perity The mills and factories baye
no fixiiy Of principle. If asked the
cause of falling prices they answer, in
creased production, improved maehin-
cry, the extension Of Fail roads and dis
trIbution. In the next breath. they
POINT to the Senate Committees report
a. positive proof of the Ilessed condi-
ton Of the workman under the gold
standard Of to-day and twenty-tbree
years past If the facts are cut why
not meet them? Why not tell the Ia
boring man that the farmer. the fogn-
daiion stone OF national prosperity,
( has been Disseminated against By the
gold standard syndicates until his val
/ ues have shruDkeu to shadow. Now
while other values amounted to b biI-
I lions, The farmers only marked 3 bill
lions.
Why not tell the workiBaUnan now
I the financial fact that in the farce Of
I 1888, whilst five national bank suspen-
SION in the north Atlantic States cost
q off
( try with not half Of their capital suf-
7 fered l53 suspensions with $50, $50, 600
+ Of capital.
If explanations are IN order, let the
gold standard man explain why in
seven north AtlzUtic States upon
( which all permanent industrial we'll
being Is dependent farm values fell
away go billions Of dollars within
I IA enty years unGer the gold sts ndard;
during The same period the bond-hoId-
. ers pickle dup six billion, ore hundred
and fifty millions Of dollars. SIR.
Holmes, Of the Census Department,
. finds 3,047 miilioDaiTes in the United
States ia 1880, " no own over twelve
billions Of wealth, about three millions
each. No objection TO their wealth nor
To them. They honestly OBJ aimed it
under the gold standard system.
which made il perfectly lawful. The
New York bank stocks explain il. Inc
Chemical National Bank shares are
bow worth 81 90 per 500. The First
Nati.nsl, 100 shares worth $500; Lin
coin National, 100 shares, worth 1865:
the New York County National, 100
sEares, worth $3.50; and there are eight
men alone whose stocks are Worth more
than 81 for 81. Instead Of money do
ing its work throughout the Country,
IT l. under the GOLD system a devDuiing
vampire Of everything but itself.
The history Of the world may be
sought FIR in vain FIR quarter Of a
century that never furnish a parallel
in our industrial decline. Let the ste
re0typed, honest money patriot, and
his steTeOtyped Committee Report
look at it. On cotton, wheat and
wool the producers have lost SS7 mil
lions Of dollars, which is fifteen hun
dred dollars for every one OF fise mil
lion Of farmers III the United States.
This l. all due to the working Of the
money monopoly, its trusts and SYM
dictates under the gold standard. In
twenty five years Oh cUt,ou, wheat,
wool, barley, corn, oa.E, rye and live
stock the farmers loss il $lZ, 946, 0OO,-
900.
This is the key to the stagnatiOn
which confronts the laborer. NJ.
MILF little facts ami figures are Lot in
it. Let the Lat oring man turn 10 his
ledger disregaTding all about their POI
litical lavOfitism aud croaking about
the United States Senate and its o. TIL
less decisions and be will find tine ra-
tIoDale OF the movements Of gold.
III the enormous loss Of potential
wealth through the involuntary idle
ncsa nf fbo Wnr Hinnrnaf, az fhn TIuifod
States under the gold standard, the
Massa chusetts Burt au shows that in
1887, Sl6,47O persODs we've engaged
in wage-t arnIng in that State, 80 per
cent were idle during some parts IF
the year from one to six months. Their
average time OF employment WAS one
year-240, 900 people idle for onethird
Of their time is equivalent in money
loss, to the total idleDess of one-third
# that number, or $1,000 for year.
Not 8l6, 40 beings on the labor roll.
there v as a total idleness of one-tenth
Of the people engaged in all Occupa-
tons. No where is labor better organ
lied classified or more efficiently Or
dered than in Massachusetts. Our
United States Census Report in 1890,
shows that IL, 1892, 099 out of a popuIa-
ton of so, l55, 1913 are employed. IF our
10 ~ VIC nave uOW
at least working population of o.
254, 600. According to the Massachu-
sets Bureau 10 per cent. are out OF emf
pl yment. That would make about
2,5OO, 600 persons in involuntary idle
ness, eagerly seekiDg in vain for an OPP
! portuDity to earn livelihood for them
selves and families. Is this the very
happy Condition of the standing army
of the unemployed of which Senator
| Mills speaks:
IF employt rs " ere competing for la
borers as eagerly it is not apparent as
eagerly as labprers are seeking employ
nIent, zach laborer would receive not
less than 81 90 a dav. Let the labor
ing man to whom the gold champions
that Senator Mills declares (postulate
No. 81. that wages in 1891 were so per
| cent. higher than in 1862, and in gold,
| were So per cent. higher than in 1866,
multiplying the number / have
shown to be idle by the average wages,
$500 per day, that will amnunt to $4,-
100000 or the daily sum lost to wage
earners in the United States by non-em-
/ ployment This money loss of $27,-
100000 per week, $l17. 600, 600 a month
or the average sum If 81 ,404 ,000, 600
year. The saving of this sum in a year