The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-07-21

lull ~ per cent, implements 10 per cent,
There was no common Impulse moving
together the prices OF NIL things, and not
all or any OF them showed any syInpa-
thy direct or Indirect With silver, In
1899 something happened ut the polld To
plny hob With prices nnd the reward OF
labor. Since then tlnea have been out
OF joint
silver Higher Now, Other 'rhingN Lower.
Silver Is higher than II was year ago.
stlll higher than 1t was two years
ugn. Has silver lifted other things with
III From current market reports tnkc
the prlccg OF eight staple articles and
compare them with tho prices OF the
same articles a year HEO. remembering
TINT silver IL higher, Wheat, corn, pc
tr0lcnm, lard, pork. hogs and coffee are
lower, some OF these articles very much
lower. Cotton alone " higher Dlh tho
rise IN silver raise the price Of cUttOnP
II II did why did II not raise the price of
the Scvcn other articles with It? 1t
might have done something for wool,
hut II did not, II silver Ia good for cot
ton Il should DO good for wheat, corn and
hogs. Not only ~ II true TINT all other
cmmoditley do not move up ana down
with silvcr--Or With the quantity Of sill
yer mOncy--hut Il IL also true that COM
mndltics OF the mne family do not al
ways move un mud down together, Take
Il slugle example, At the close of the
first six months OF the present year pig
Iron was from 20 10 IL cents a ton lower.
than It was II year before. Plates and
bnrs were about 81 lower. Steel beams
were 81 higher, steel blllcta s. 30 per ton
higher. Did silver make blllrts and
beams higher? II SO what made pig
Iron. platca,fhld har1 lower? Silver had
nothing TOTO with any OF II So II win
be to the end. Higher prices for wheat,
corn, pork. horses, cattle, wool.
Coed Times A fer 1873.
Good times remained with us until
long after 1874. Our country was very
prosperous down TO 1897. period Vt
twenty years after tho crime OF 1873"
The census returns show that In 1870 We
had $3.50 worth " real and personal pro-
pcrty to the head OF population. In 1890
We had $l,OJy, In the ten yenrS from
1870 ia 1850 we had gulnGd $50 to the
head. From 1850 TO 1890 we gained SiG7.
The values In 1870 were taken In dCpre-
clatCd dollars, The values OF 1890 repre-
scented lO0-cent dollars. The real gain
from 1850 10 1890 wAS at least twice the
Il
dcp0sIt5.ln national banks and In saw
lngs banks Increased more than two
thousand million dollars. In the saw
lnGS banks alone the deposits Increased
eight hundred million dollars. II IL not
the money nj the rich that goes Into the
savings banks dime by dime, dollar by
dollar, a country In which this hap
pens IL not growing poorer, and the poor
are not grnwing poorer. Savings In
building associations incrt4ls- cnor-
mously.
Our MoHt Prosperous Yrnr.
1t Is fact proved by every official
record, by every trade publication, by
the recollection Of everybody who has
memory. that the year of 1892 was the
most prosperous In the country's his
tory. This In spite OF the fact that the
product of the wheat fields OF India.
Russia and the Argentine Republic was
cutting deep Into the market OF the
American wheat grower. and the wool Of
Australia and South America was beat
Ing down the price OF wool Che world
over. Through nll these years OF gen
cral prosperity In the United States ST.
yer was falling fast. In 1872 sixteen
ounces OF silver were worth one ounce Of
gold. In 1892 Il took more than twenty
three ounces or silver 10 buy an ounce OF
gold or as much Of anything as an ounce
OF gold would buy From 1871 to 1875
the worlds yearly average production OF
silver was sIXty-thrcc million ounces.
In 1892 the production WINS 153 million
ounces, much more than twice as great.
In 1894 the production WIS great5r than
that OF 1892 by thirteen and onc-halt
million ounces. Silver has continued 10
fall because the production has contin-
ued 10 Outrun the demand for 1t. II we
are 10 try TO double the price OF silver by
an act OF Congress. why rot try TO do the
same for wheat. corn. hogs. wool? They
are all us sacred rs silver.
The Mistake or 1879.
In 1892 the country handed Its affairs
over to a political party that did not I'M
derstand its business. The country was
startled when 1t saw what It had done.
The party that went Into power began TO
experiment on the prosperity OF the
country. The panic Of 1893 came. by
trying "a do something for the silver
producer we had added largely to the
money Of the country. but 1t was not
gold money. There was Il well grounded
fear that the government would not he
able 10 keep all Its dollars up To an
equality with gold dollars People drew
their money out OF the banks. Every
body was afraid that when pay day
came he would be paid In cheap dollars.
Money conditions were against us. \
To-day we have to decide the money
question and the tariff question. We
know where each party stands on each
question. The Republican party stands
for sound money and sound tariff. II
that is what we want we should vote for
that, no matter what ticket we have
been in the habit Of voting. If we want
sound money and sound tariff we can
get both by voting for Mckinley and