The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-07-26

A
amount o. political wisdom. but when gold
bug papers, yourself included. put forth
4 arguments calculated 20 deceive you viii
| only cause people 20 still more dissrust the
| press. viii simply notice one statement
/ made IN the Post-IntSilsgsnoer. as well as
/ other gold papers. viz: II the workingman
1 gets double the wages or the farmer gets
| twice as much for his wheat. bay and po-
/ fafces with the silver standard as he would
| with the gold. where viii be his benefit.
1 provided he pays double for everything he
| buysf
Allow one to explain. n you don't know
| (which you do. Of course). that the sala-
/ rfex or ali me officers in the United
| States. including state. county and NIT
| nicipal. amounting 20 millions OF dollars,
| may be paid in silver: also the government
/ debt. Take. FOR instance. the presidents
| salary. Say that what Tn gold IL worth
| 81 sack. II takes 5000 sacks OF wheat
| 20 pay his salary. On The other hand. IL
! we fell 10 q silver basis a sack OF wheat
you'd bring = in silver Consequently
| = 90 sacks OF wheat would pay the presi-
| dent his salary. This IN true OF all saia-
| riss. including tie national debt. and ell
| other debts psysble In dollars. Now you
| know that labor ultimately creates every
| thing Therefore You also know that II
| wa fan 10 A silver basis all these debts
| can be paid Ia half the amount OF labor
| or exerflon they otherwise coult be. Re-
| specsfuiiy. j. MDoNEi
| Mr. McDoweirs communication gives
very fair idea OF how many people are
| labor,ng under the erroneous impression
that with free silver they wf1i be twice
| a. well or ~ they are now. II might not
be Improbable 70 take his premises and
reason from them.
Suppose Mr.. Mcdowell IL . farmer de-
psud!nx upon a I5e-acrs wheat farm. Let
us ace how ne would b affected by
change Of our currency system from the
gold to the silver standard Estimating
that he raises ten sacks OF wheat 10 the
acre, with wheat 81 IN gold sack. he
would ger from his farm 81 800. IL, accord
Ing TO his reasoning. a sack OF wheat
would bring - on silver basis. he would
get from his farm 1900 In silver. TX
wheat would bring twice as much with
the silver standard as with the gold stand
ard. of course all other commodities would
bring twice az much. While the wheat
farmer would get fer wheat g sack In
stead OF 81. tho hay farmer would get szs
a ton for hay instead of si2. tf,e Ca, farmer
would get S. ton for oats instead Of sA.
| the grocer would get 70 cents for butter
| instead OF % cants. $50 for -four instead
of 20 cents. 10 cents for sugar instead OF
cents. % cents for a plug OF tobacco tn
| stead Of 10 cents. - cents pound for hams
| Instead OF Il cents. Implement men under
| the silver standard would get for their
wares twice az much as they did under
| the gold standard.
| Mr.. Mcdowell can sell his wheat for
| 1900 under the silver standard instead OF
| s. 800 under the gold standard: but how
| much batter IL ne ofrs While he has re-
| eesved twice "a much as Ne ola under the
| gold standard. he finds that he has to pay
/ twice as much as formerly for his hay an
| eats. twice as much for his -four. butter.
sugar. hams. tobacco and all other nsces-
! sarges; his haFvezters and farm tools have
| cost twice as much under a silver stand
| ard as they ala under a gold standard and
| II. after paying bis debts. be purchases
| anything he viii fnd fhat Il has gone up
| In price Just as wheat has. Instead OF
| being twice Al well of as he imagined. he
| VIII find himself Just exactly where he
was before thu blessed silver standard was
| adopted
There would he but one chance for Mr..
| Mcdowell 10 better hss condition under
| the new standard. That would be by pay
sns his farm hands The oii wages. I, has
be.n demonstrated IN history time and
| time again that when currency IS csrrs-
egasea ane price. rise. ne wages Of labor
1 ~r@st
| as other employers weula probably pay
| his men The o1s rate, say :. day. This
would re a gain for him. but disastrous
Tor his employees. They would take their
same old wages. hut upon going 70 TIE
country store would fnt that they could
psrehass hus hair the amount 81 groceries
or provisions that were formerly sois 20
them Cor the same amount.
n. gor example, N. salary ~ ths rres'-
Gent was made ny law 81 10 sacks Of
wheat a year. rendering him 1900 sacks
would Re nothing mere or iess than cheat
Tag hin cut q, hair hss salary. r.. instess
of giving him ~. .s.eD sacks 81 wheat
.Aey should BE soli ard under tAe silver
standard hrsng ssncsa. the payment o, that
sweo woaia se = moral n rot legal spe-
etss az eAsatlsx. Because TIA; Sam.
ewsns 20 In. rsss IN price - wheat aat
everything els. voals purchase only ore
hals 81 What Il ga before. II Mr.. Nc
| nevsn worked For farmer thirty Gays
aurgnx harvesting fer s. a day. unser the
rots standard with whe&s 81 = Sack re
meaaa recslvs Tor bis shsrty days work
SKY sseks 81 xhest Or So. II free silver
sesshlaa tAe pgscs % everytssss ~ weels.
VITA wAeAg AZ e a sack. recesve ser bis
work tnsffg SAeks cs wAeas ~ So Wheat
| has seuha<a N price. aawever. sn1 50 Ass
everglades slss ~ tais Esn - silver
sasss. ard VIXEN Ns. NspeNsu goes - tss
STARE 20 aay IS esotss* or ether recsx-
sarsss Re Nil nas tat As So w.a BAY
t.sss 1as-a2is % wa&s q woait Before The
ean - the silver ssAsaar5. % course. K
fas sa--ssr - g%neroas sncasa 20 receE~
nsss tAat sss rrser 81 wheat a.. every
ths~x ease hAs soaRtes Nna tat wages
.Aaass also h~ ssgAaes. NJ Mtgoewsss
weuss raeesxe sixty sacks q ~heAs o.
go Tor rs wages. bat vita gAss So Re
weasa. because e the general rsse n
rrsoeS. ss able 70 eay sass as maes As
ans AZ raye saas Re eSulE hescrs re 81
xer standard prevailed
Mr.. MSDs~ell ~lls act - asll&r BETTER
~ ua3er the silver stAnssr9 shAn ~ -
anssx ne gess sssatsxa sfs ssa So sAst
| a aassas ua3eS sAs silver sastkE4 VII
- -.