The morning times. [volume] (Washington, D.C.) 1895-1897, 1896-09-11


countries and summarizes his conclusions follows:
by prices excluding by prices gold
the effects of duties silver appreciated about cent
remained almost unchanged country and 80 cent in
in value since 1860. England since 1860.
Measured by silver has Measured by wages gold has
deprecated twotrds since deprecated about 40 cent
by prices and by prices and
wages deprecated wages gold deprecated
about onethd since 1860 about 10 per cent since 1867
If further proof needed that the decline of silver
has brought about fall in prices generally it can
be found in the Adrch Senate report which shows the
and decrease of prices for the last thirty
Comparing the prices of 1891 with 1860 find that
some articles have fallen, while others have risen.
Butter % per cent; coffee, IS; Goldfish, 212 salt
mackere 23O; beef, g. hams 22 mutton 30 and Boston
crackers Ia per cent while cheese fell SO per cent
wheat -four, H. beef, 3d. salt pork, 25 corn
starch H. and oyster crackers 20 per cent? btumnous
coal fell 40 per cent, and anthracite 20 per
All kinds of metal implements in and most
articles of clothing fell in price, while classes of
building material advanced. Wages have increased
and compared to those of silver countries they al
most prnce The per capita debt of the United States
in 1873 S5052 less cash in Treasury In 1890
S1422 and in 1895 1928, less cash in Treasury. Com
pairing material and moral condition with that of
other nations there really ground for complaint but
when viewed in the light of what might be if freed
from the depressing influence of business stringency
the situation is truly exasperating.
1t would be folly to that the rank and file of the
s1verte party sincere but it is entirely
able to such leaders Bryan, Faulkner Gorman
Hocus Smith, and others equally well informed, of at
tempting to wreck the country for partisan purposes
Even should Bryan be elected neither of his running
could expect to preside the Senate and the
gentlemen above referred to know that with Mr..
Hobart acting in that capacity and with skul sound
money Senate minority free silver bill stands much
better chance of being consumed by the fires of per-
dtion than it does of passing the Senate Consequently
the country is being subjected to huge political bunco
game in the interests of alleged Democracy. The
South depends Democratic to perpetuate
white supremacy and the Western mining States expect
be proted by increase in the price of silver through
the election of Bryan and SewaH. But intelligent
person believes that free silver law will be en-
crossed statutes. Even this not true, and
free coinage law could be enacted past experiences
clearly demonstrate that bimetasn is financial deu-
sion and that such act would overthrow our gold
standard and force us to silver basis.
Those who candidly believe that deprecated
money and inflated prices national blessing deserve
sympathy but the hundreds of thousands who
ing mised by demagogic utterances really to be |
pitied The downfall of the money power be
compished by change of monetary standards,
corporate influence the greed employers be essened
by pungng the country into bankruptcy and deprivng
earners of employment The distress of a fnan-
cal panic will not bring redress to trustridden public
will the walls of starving and children dimin
ish the dollars of money holders fraction of penny
The theory of debasng money in order level
ditions alter relations between employers and
earners is wrong, to say the least.