, 1896-10-02
REPUBLICAN LEAFLET MOTT .
= tCut this out and put it in your .
. pocket for r~eference.) .


> Some attention was given in =
: the last leaflet to the charge that =
= the act of 1873 was surreptitious- =
= ly passed. &"
: II may be interesting also to /"
. see whether its enactment prov "
p ed disastrous to the country in =
. any way. 1"
= 4 good way to test this is to =
= see how the condition of the /"
" country in 1880 compared with 3"
. that of 1870, since one-half of the ="
. years between 1870 and 1880 pass >
? standard silver dollars, and there /"
o were coined but SO 900, 900 of l"
them during the entire decade. .
In 1870 the total money of the =
q country amounted to $72G $685. =
iG1. In 1880 the total money in =
o The country amounted to 81 ,205,- =
y g29. ian increase of 60 per cent. "
Does that look as though the =
e country was ruined by the crime =
= of 1873. "
= In 1870 the money in the coun-
. try amounted to SlS.73 for each >
= individual: in 1880 it amounted "
" to $2i.Ol for each individual, or =
= per capita, as it is called. Thus
" The amount of money in the
q country increased much faster >
= than the population during that =
y fatal decade in which the crime" =
= was committed, and the coun- :
8 try was kept for five long years =
" withCut me coinage of a single =
" standard dollar. Does that look
+ as though the people suffered for
= currency because of the crime =
" of 1892"
In 1870 the wealth of the coun-
+ try amounted to $3.50 per individ-
= ual: in 1880 it amounted to $50
" for each individual. Does this
" look as though the country had
" suffered during that terrible de-
: cade in which such a crime
+ against its prosperity had been
= committed?
+ In 1870 the amount of money
il paid as wages by the manufac-
= turers of the United States
< amounted to $776,O 600, OoO; in 1880
= it amounted to 1884. 900, 900. In
= 1870 the number of people find
= ing employment in the manufac-
8 turing establishments of the
+ country was 2,O54,00O; in 1880 the
: number was 2,73S. 900. In 1870
$ the goods turned out by the
# manufacturers of the United
4 States amounted to $4,232, OOO,-
" OOO; in 1880 they amounted to So
s 370,O 900 900 a gain of over a bill
# lion dollars in the decade. Does
= this look as though there had
= been a scarcity of money or a de-
= preston of business in that dark
= decade" in which we were with
i out the light of free coinage OF
: silver?
= In 1870 the average wages OF
= labor stood at 1877 in gold, TAX
= ing the rate paid in 1860 as the
= unit of 100. In 1880 they stood
& at l43 upon the same unit or
3 basis of calculation, thus show
" ing a marked increase in wages
" during that decade of no free
+ coinage. Does this look as though
= the crime of that period had
= affected the country or the peo-
i pie disadvantageously?
= In 1870 the average gold price
" of commodities Of life stood at
= 119 compared with a unit of 100
= in 1860; in 1880 they stood at 1O5,
+ compared with the same unit,
= thus showing a marked fall in
= the cost of living while there
= had been meantime a marked in
= crease in the wages earned. Does
= this look as though the years IN
. which no standard dollars had
= been coined had been especially
= disastrous?
y A comparison Of 1870 with
y 1890 would produce much more
a startling contrasts, but 1880 has
. been chosen for the comparison
:. because the years 1870 and 1880
$ are the beginning and the end of
= a decade in which it is claimed
q that a great financial crime was
q committed and retained as an
= absolute pail owe the country
: until within % months of the end
= of that decade.
= Think it over. Remember
= that the suspension OF free coin
= age occurred only about two
= years after the census of 1870 and
= that it has never been resumed.
Iutu ItllleilDtl tLidI thC "Cdiuh
= of the country jumped from $3.50
per CAPITA in 1870 to $1.039 In
1890 in the absence Of free coin
: age. Remember that labor will
earn more gold today than 1t did
y in 1870, despite the constant as
sertion that gold has %appreciat-
= ed since the suspension of the
= free coinage of silver. Remem-
= Der too that the dollars thus
" earned will buy much more than
= they would at that time. Re-
= member that the country was
" never so prosperous as 1t was
e four years ago when the people
: were nersuadod tn vote for free