The morning times., 1896-08-19


| Is really the language OF inspiration.
| tLaughterJ L would regard his udminls-
tration OF the Presidency the kindling OF
a great light before the footsteps of man,
showing him u broad pathway To endless
happiness and measureless prosperity
But in searching through his speech. IN
reading through whole reams Of Po1ulistic
literature, with which this country had
been flooded for years, I have never vet
found one syllable which showed me how
a Populist expected to increase the rate
OF wages. Laughter and great appiause.) D
Now, in order to understand the sig
Dificance of the remark that wages is the
only test OF prosperity, we have but to
consider for moment Just what is meant
by the term wages Wages. as i suppose
everybody here understands, is tIat part
OF the laborer's product which is given to
himself in compensation for Lis toll
If, for instance, l were engaged in the
manufacture or chairs: and If / can ma Ike
five chairs every day worth $50, and the
rate OF my wages is 81 day, what get
is one chair out of the five which Inakc
The other four chairs, the four-fifths Il
my product, are devoted to the payment
Of all the other labor that has been ex-
pended in preparing the element out OF
which the chair was made.
To the man who felied the tree in the
forest; the person who sawed It IN the
mill, the carrier who transported it; the
workman who prepare Its component parts.
and the profit on the capital which set all
this labor in motion
A MUTUAL BENEFIT.
it is plain, however, that I could not
take one chair home with me at night
and attempt 10 settle my bills with it.
for the moment l undertCox To divide
the Chair among my creditors that moment
1t would lose its value; So, instead OF
taking the chair, which | caDnut divide,
| take its equivalent III money, which l
can divide; but my wages all the time are
fixed by the quantity OF my own products.
tApplause.p
II instead of five chairs / We're able
- setcn d audthe ia t- OfmycOmpersatiun
remained the same 1 would obtain for my
wages two chairs or So a day; but instead
of thCir being four chairs or SIG available
for the pa yment of other labor here would
be eight chairs or S32 and thus the larger
my wages, the larger my product. The
greater the prosperity III the chair u.l king
industry tApplause-)
Now, applying that principle TO every
other department of trade, W. can see that
the man who works on a tunnel cannot take
a part OF the tunnel home with him for HIS
wages, the man who paveS the street can
not take part OF the highway with him.
but each one takes the money equivalent
VI iHdt part Ut WHICH IL iUp
suit of his daily toll, and the laborer Is the
man who has the most vital interest in the
character of the money whic! is paid to
him. tApplauseL
Now, when We come TO find out Just
how Mr.. Bryan expects to increase the
wages OF labor We ind ourselves LOST in a
maze OF contradiction ard in a haze Of
obscure expressions. No man can tell
how or where or when he wages Of the
" n III a. 10 Fffsa Itt
one who examines tile scheme can see that
the inevitable tendency. tie inevitable con-
sequence Of GetaSement in tie standard
OF value must he a reduction in TIE rate
OF waEes-and that is tie conspiracy IN
Which The fCpUlst is engaged. tApIlauScJ
BRYAN " ANTS CHkAf DULLAHS.
NOW, Mr. bryan Tells us tnat lie wants
~ Cnedpen Use 20. lar JnaJ ne wants -
Increase the volume or money / uU rot
believe Jhat any man vino ever lived CoulG
quJe unuerstdnu a rppulsts EoJIon OF
what money IS uaughlerl, further than
wealth. l could not bay Il watCI-Case with
tIie coin WHICH wound tie coined out uT
TINS, unless / aGGeu something 10 IL, ami
tne prcteise tnaJ men C1g Ee rnr .CurI Dy
swelling the volume Ol IHC CuTreu~y - the
oiue>L ueius o. winch mas aGIe,lcI nI.,u-
md since the very beginning OF ClvIIZa-
ton tApp.auSe.l
part even III the culinary transactions VI
me. Ii Is not the volume oi money UuJ I've
ACTIVITY OF money that counts taIp.a Usc.I
II any person wants TO see sLsI how Il
dollar works ID the ordinary exchanges,
III what might pe called retail
business, lie has but to II ke u Dollar out OF
his pocket ana go into the street anu buy
some fruit
NOW tne Iruit dealer would take that
.,,Ilar and tuy some Np.,.f;Ftt,.S h,.
5reen grocer, with the sam, uUiidr, W uuII
buy neCktieS. The dealer in ueCkIIcS, with
jiie same ColIar, would buy meat, ana 50
on, that one coin passing from hand To
hand mi -ht circulate twenty CoilarS WORTH
Jr commodities III the course OF "a single
day That one dollar circulating tweHty
.ouars worth uI commodities IL.tKes more
business and more trade than two dollars
could make il they circulated betwecn
them only ten dollars worth OF cUInmodi-
les. tApplauseJ
CROWN OF THORNS
Wniie shc wds,s iuiI.Iin at theIr pIcsent
state l tope there Will lie Il IUrtiier and
further and continuous decrease Ill tie cost
Of living. tApplausel There is TO way
ID whICn l can tie aufni,lru 10 Il share uI
Gods bounty except through a fall in
tie price OF the neceSsarieS OF lfe.
While We have in exis;ente "a system of
W
name for civilized society. all men are
admitted to u ST are III every Lounty winch
showers upon tie eaIth. The
iweller in the tenement house STOPPING
over els bench who never sees Il ileIu Of
waving corn. who has never inhaled the
perfume of grasses and Of flowers is yet
made the parriCipator in all the tounties
II Providence IN tue purifying influence OF
The atmosphere. in the ripenIDg lays CI the
sun. when the product Or the soil rs m&ce
cheaper to him every day by the abubCaHIe
Dr the harvest. tApplause.)
Ii is from his share iii this bounty that
he Popuhst wants To exclude the Amcri-
an workingmen To him We say, ia the
name of humanity lin the name OF Progress,
iou shall neither press crown Of thorns
lpon the brow of labor, nor place sCourge
lpon bis back. ,Applause.J You shall not
oh him OF any one advantG Sc which he
las gained by long years OF study, Of pro-
.reSs in the skill of Ills craft and by the
areful organization of the members who
york with him at the same bench You
ball not obscure the golden prospect of a
urther improvement in his condition by
of the cost OF living as well
IS by a further depreciation of the dollar
which is paid to him tApplauSe)
After talking for one hour and twenty
Mr. Cochran concluded amid an
ther wild outburst of cheering and the
udience dispersed.
Ambulance Did Not Arrive.