New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-19

s w ns him bat viii him the wss.,
since the beginning OF the world. uaughier) WIZ
be ready 10 confess that The rhetoric which 90 not
NOW manrbterj would regard his administration
Of the Presidency the kindng OF great re eni
petRway VT to endless hsppiness measreless pros,
perty But In searching tnroasHs ,,nnuistic liter
allure with which this country has been n12acD hI ion
four have eoSr s eSpeSd to the
rate of wages. daughter and great applause
WHAT WAGES" MEANS.
Now. in order to understand the Significance Oh
the remark that wages Is the oh'y 'es' VI ,,s.
perity. we have but to consider Tor Inohe"' '1
what is meant by the term wages WaseS, "
suppose everyt ody here understands Is Una, p
of the laborers product which IS gwen , ~ be
in compensation for his toll. IT, for hstahiif' can
engaged in the mamnlsGds ar worth 90 c and tho
OF my wages is - day what e The other four
chair out r Of the Vf %n Of my product
devoted 70 the payment OF all the other ianor , " 90
has been he cbar was madeto who eled
the tree in the forest the PerSSm H. the work
man who prepared Its componrht pa 10 ~ in mo-
profit on the capital %nch 81 thai could not take
one chair home with at night ana a'Ie'np pdor ~
settle bills with IT, i1r o me INV creditors that
moment II would lose its value; SO nS'e" ,I,o az
ing .,E Inn in money which | divide but my
wages ali the time are fixed by the quantity oil my
oTr nstead Of Ave chairs able to make ten
and the rate Of my @ wsses two chairs
or IS day: but instead OF there beng -FOUR Ta hn
or SIC available for the Paymens s oil and oa"t thus the
larger nv wages the larger my product t i
greater the prosperity N.Y. in ap Hf that prhcpe
IN every other department Of trade; we can sc
that the Of Se wm0 T 6oe With him his
abp p man who paves the street cannot take part
on ny eavaent OF that part OF the product which
is the result Of his daily os s9 vital interest in the
bsra ant of the money which is paid to him.
(Applause)
"a MAZE OF CONTRADICTION"
vov when we come to find out just how Mr. Bryan
axnects 10 increase the wages Of labor we lhd our
solves lost in a maze of contradiction and in a maze
Of obscure expressions. No man can tell now or where
~ vrhon tho wages of the workngman are TO De IN
o.sed. hit any one who examines the scheme can
SEE that the inevitable tendency me me & st
qeaVr 4uction in the rate OF wages-and that IL the
consniracy in which the Popu.ist IS engaged TAP
Now Mr. Bryan tells that he wants to- cneape en-
the dollar that he wants t5a aGv man le Who ever
lived could quite understand Populists notion h l
what money Is deslrbe hing to get (aushter) and
Sat he is not very particular about the means by
wiicn M more Common in Populis oratory than the
statement that the volume OF HoIvS .ricb means
creased fo h he pcone that run and and adj
dress Popust meetings Uanghler P Fee, S
sd on his way East ne declared that any man VINO
objected to too much money ought ~ 'o'' NV
ticket THE IDEA OF MONEY
>,ow my friends will ask you to indulge me ior
moment while state to you here the ohiy coI''Vp
,bat an honest man form OF money III order ta''
in discussing this thing hereafter we WIZ ~ 'o "
do-s,and the economic expressions when the foPu-
do
fnson Of his Judgment. Nothing IS more co ,Igi
iuso H. that money and prosperity are iuen'l
IMAM i 1hev are not redundancy Of money does no,
move any prosperity. There may De ~ a ;o,iertv
pT,mo ~ circulating medium and very great PovefS
rb issHe Of paper money simply Is no NOR a." ~
crease OF wealth than the issue ps an Of his
ms y, 1Appause) As a matter OF iact an ~,
crease in the coinage Is no pIoo. % % jorrease in
nrosperity but may be strong PROOF oi d '''' "
Let US take for his ar ;Ss has f bec
WORTH -. on r. If now melt that down INTO I'm
dollar gold piece II Is b~en an Increase in the quantity
v,lue ,v Int a decrease in the volume OF Na1o,l n
wealth c3ul ha n n",ned out Of this unless added
something to it,, and me p If the currency Is
enriched ny i;on lShch he's affected mankind since
ne ne V yerv beginning OF civilization AppluSe'
IT'S ACTIVITY Is WHAT COUNTS
mt. .o,,,r,e If money plays but small part even
- ,ho ordinary transactions OF NE II - "o' '
,une Of money. but the activity OF ni'''S t ,
iADDlauSe.l
cou''' 1u,r u,orss in the ordinary exchanges IN
what might he called retail business he mas ga. 10
tae dollar out of his pocket and go O tide
r1 exc hat dollar and buy some nes1i b,
WoN orn,er with the same dollar, wou'i ' l,iiar
slee" dThc dealer in neckties with me I'm nrssint
mes tiV rn.af and so That one CON piSS'r9
c ba1d to hand might circulate t"s"E ~, 1iS lav
from Haic ommodities in the course OF slSlr
worm "a doiar circulating twenty dollars "or to6e
commodities makes more % ~ fbey circulated be-
than 'Mo oniv in dollars worth OF conmoui'e''
! (Applause) 80 orc,,late freely and actively un-
Mo.e! no absolute confidence IN us Ndur' W
ISss If a man doubts whether me m1";S ,ola,,
p4uT III 10 a. valuable tomorrow as II i 49, ~
pocket %i to exchange his commodity afas ~
ne WI 1,nm,,s, agitation threatening inc
| ana ulI9 ~ heen the cause or IN" ndlu -.
OF which this country Is passing AHA com
throHE r,n not escape until the heel OF popuIa
winch o " il paced upon the Popnlls snl
denha U, darIoines the foundations OF cTeci' zap
! plause) ,, :, tho larger transactions of lie
Now; ~" ~ money used ar all. Inc coil ip - f,-
tnfIe Win money purely mental oc,a 10 chcago
~ farmer sells cargo or Wneat III >. -; III
draft Is drawn for it on l-ondon 10 Hv The rner-
. Gaaio Tey-York 10 purchase properly by 'o nv