The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-10-16

thC l soNitSc III LOU NFtS
in 1890 it had increased TO $S5. D0.0J0,e DJ, or .
gain of so per cent. In 1880 the capital
States was 81. 7eO. 600. 600; in 1890 it had grown
to So, 524, 900, 600, or an increase of more tnan
the entire capital invested in 1880. Inc
number of workmen in the FACTORIES In
1880 was 2.fS2, 900, and in 1890 there were
All 900. The amount paid in wages was
se47; COCO Q which had grown in 1852 to Y
2s2. 900, coo. Think of this, woTkingmen, TINS
marvellous growth upon a standard which
the Popu lists say is destructive to business.
of destruction in the next ten years? rake
the coal industry of this country; IN dsso
we mined 100000 tons; in lSsu. 14l .Wo.Wo.
In 1880 we paid in wages to coal miners
$50, 900, 600; in 1880, $40, 000, 900.
EARNINGS OF THE RAILWAYS.
Take the railway business, which is more
familiar, perhaps. to some of us than any
thing else, and which is one OF the greatest
Industries of the country. In 1880 the earn
ings of the railways of the United States
were Se15, 600, 900; in 1850 they had increased
to 1864, 000. 900. In 1880 461, 600 men were em>
ployed in this business and in 1890, 7ol,VVo.
Now, my friends. don't let the Popullsts
get away from this fact that all the in
crease was upon a gold standard, and 1t
was only stopped by an attempt of the
silver people to debase our standard; and II
on the Cd day of November this PopuiStlc
snake that is killing our credit Is crushed
we may look for q development in the next
ten years that will even surpaSs the neFel-
opment of the ten years l have just peen
speaking of. Give us an honest STANDARD
and good credit and We Will OutStrlp the
world.
| trust 1 have shown conelusiyely to your
minds that the result of Mr. Bryans
scheme cannot raise the price or silver,
but that it will drive our goid out OF CIR
culation: that it will contract our currency
and produce a panic; that the present haTd
times are not caused by the gold standard,
that our greatest developments in the past
nave been when We were on that standard,
and we can only hope for future develop
ments by continuing it. rms, howevsr,
raising the price of silver was got up
when the Populists thought they had
some chance in the East and did not care
to disturb capital and invested interest:
Long since they nave given up this, and
now they talk about the large sums due
the bondhoiders and creditors and that we
must have a cheaper dollar with which TO
pay these debts.
WAGE FARMERS ARE CREDITORS.
Who are the great creditors of this
country? Not the Eastern bondholder that
Bryan in his wild trip over the country
abuses. The great creditor Is the wage
Garner. The country owes him more each
month many fold than is due to all the
bondholders. Take the railways of this
country, for example; each year nearly
$500, OO0, coo is paid out to their employees in
wages. If you adopt the scheme of the
Populist and debase your currency you
take from these men more than $10O,O00,u O0.
For twenty-five years you have toiled and
worked in order to get your wages az
day. if this scheme. succeeds, on the 80
of November you reduce your wages any
where from 50 to % per cent. You may
ask me how this is done. Simply this, the
result always in any country on the de
basement of the standard is a rise In the
cost of the necessaries of life. If to-day
the dollar a day you are getting buys ten
pounds of meat and that meat goes up
to 20 cents a pound you get but HVe
,,0tr1c yuit1 unIIr dollar. if for a dollar
a day you are buying twenty pounds OF
sugar and its price goes up to 10 cents a
pounds, and you must either use less meat
and sugar or you must get more pay. The
and nsdio ny one Knows it better than the work
ingman, that the last thing to rise IS
wages. In reference to railway wages, 1t
them increased. The same hand which
proposes to debase coinage proposes to le-
duce the railway rates. If 1t did not com
petition and laws would fix them. The
railways can earn no more, and 1t VIII be
paid them in silver worth 1ne-halI me
always are payable in gold, and this sill
yer has to be reduced to a gold basis. and
est economy, would be forced into bank
ruptcy under free coinage; in any event,
it would involve less work and greater
economy, which means Idle men and less
CAMPAIGN DISHONESTY.
I am not talking to you for effect; l am
telling you what L honestly DeIIeNt. dkc
these facts home and think them over.
If they are not God's holy writ then l
AVE not read history right. There is an
other objection to this scheme, however,
and upon higher grounds than dollars and
cents. 1t is tina the whole plan is dis
honest. 1t is an appeal to the ignorant
and dishonest side of human nature. The
claim is made that it will help the farm
err. Did you ever know the farmer to pros
per when the other classes of people were
in poverty? What he needs is a market,
and he can only get that market when our
workmen are we'll paid and fully employed.
Some farmer who has something to Sell
and who could dispose of 1t at a higher
price in these cheap dollars ana could use
but there are very few farmers SO dishon-
est as to be caught by this bribe. There
is something in the man who tills mother
earth that gives him rugged honesty, and
on the Sd OF November the returns from
the rural districts, in my humble opinion,
will surprise MIR. Bryan and his friends.
My friends, / have heard much talk about
the Gee cion of IA lway smpioyes by railway
| corporations. / do not believe there Is a
particle of truth i'll it. So far as | am con-
cerned the dearest right that belongs to a
free man is that to vote as ne pieases;
no influence, it was the opportunity of my
life to vote as l pleased. / hope to do SO
long as life shall last. and SO long as L
have the power. every man connected with
me, high or low, shall have the right on
election day to deposit his DaIlQt Tor WHO
ever he sees fit. This l believe to be the
sentiment of every railway manager in this
country. All We say o cur employees S tia
we believe that this proposition of Bryan's
is fatal to. the prosperity of the country: to
the prosperity of the railways. and fatal to
| your interests as employees. We ask you to
carefully read and consider, so that on
election day you may vote as your Judg-
ment and conscience dictate.
COUNTRY'S HONOR AT STAKE.
There is something higher in this cam
| paign than the mere cheating of your
| creditors; it is the question of the honor of
| the country, which is of more consequence
than a few dollars which you may make
by beating a ~bondholder. Can you afford.
for the sake of paltry gains. even if you
could make them (Which / deny), to dis
grace your country? Bryan talks about
| England supporting Mckinley; the fact is.
if an Englishman wanted to do us harm
he could not do it any better than by aid
ing Bryan and his Populistic crowd. No
man could desire anything worse to harper
to his country than would happen if the
PopuliStS should succeed 1t would allow
the Nation to live, but diShonored. Think
| of what it is for a nation likes ours to live
| without honor. to nave the finger of Scorn
| pointed at us by the civilized world as the
one great nation with 10000, GOO people that
deliberately debased its coinage to cheat It's
bondholders. You would not dare to hold
up your head when you went out of this
country to another land. Even the South