The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1896-07-06

Silverites are trying to make fools
believe that the silver dollar has main
tanned its value and that the gold dol
lar has so appreciated that it is almost
a two hundred cent dollar. They know,
as every one knows who is not fool.
that even the gold dollar has most
manifestly deprecated; has lost more
than half the purchasing power of for
ty years ago. Improvement in manu-
facture and over-production have
cheapened certain articles, but the gem
eral cost of living has increased enor-
mously. In ordinary expenses the gold
dollar will not go half so far as before
the war. Up to 1860 the most expen-
sive hotels in the most expensive cities
charged but two dollars and half
day. A man worth q hundred thou
sand dollars was rich man even in
New York Prime beef cost one third
what it costs to-day. Perhaps after all
an OK would be a better standard than
the gold dollar. Instead Of reducing
the value of the dollar it should be in
creased to maintain it's relative value
Not only IN the United States, but the
world over, money is continually de-
preciating. In the fffties a day laborer
soon became a capitalist. The two
dollars he earns to-day do not begin
to give him the same return the one
dollar yielded forty years ago. An APP
preciating, not a depreciating, curren-
cy should be the desire of labor
How the silverites ring the changes
on the words "labor," ''laboring class
es'' as opposed to capital" and cap
italists." They would delude the labor
ing man into the belief that every cap
jtalist is his natural enemy and that
they the silverites, are his only
friends. There is, happily, as yet no
distinctive laboring class in this coun-
try; for every man with industry and
economy may soon become a capitalist.
Every man who has five dollars in a
savings bank is a capitalist and is in
terested in the conservation of capital
and in the throttling of anarchy.
Another deluding silverite cry is the
cry of cheap money" Vote for silver,
they proclaim, and every man will
have his pockets full of it; wages will
double; wheat will be dollar wheat"
once more; mortgages and every other
kind Of indebtedness will be discharg
ed at fifty cents on the dollar. The
last part Of the declaration is true, or
rather it will become true when the
United States goes into bankruptcy.
Until then, and just so long as the gov
eminent continues the struggle of
maintaining the parity of the two met
ais, money will be as dear and as hard
to get as ever. 1t will represent the
same amount of energy and ability
During the struggle the silver men will
be changing their silver dollars for
gold dollars just as fast as they can
change them. They are doing so now.
When the struggle is over the gold ex-
hausted, the country ruined, the loot
complete--then they will throw off their
disguise. Their feigned regard for the
down-trodden and the horny-handed
will disappear as rapidly as their feign-
ed regard for their metal. What, then,
when the United States is bankrupt
and stands disgraced and shamed in
the light of civilization? Anarchy,
! desolation chaos!
Thank Heaven, the eyes of the peo-
pie are being opened and the true char