The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-14

600. aggregating in wages ss47,375 600 or
average of 1924 per capita In 1870. ten
wage earners was Ia so and the aggre-
gate earnings were s.. 2s3, 21S52 or Sass per
| capita. This showing would clearly indi-
| cate that the gold basis has not injured la
Dor Here was an increase from 1880 to 1890
of nearly 50 per cent.
further sustained by the report of the COM
mittee Of the United States Senate, made
IN 1899 Investigated the subject of wages
| and prices. The committee reported that
/ In twenty-one selected industries wages
We're in money 40 per cent. higher In 1850 $50
| than in 1860 and SO per cent. higher IN 1890
! than in 1860 and the prices of staple ar
| tieles had fallen between 1850 and 1890, in
some instances one-third. In other words.
| There never had been a time in our history
/ when work so abundant or when
| wages We're so high. whether measured by
! the currency in which they were paid or by
their power to supply the necessarie rs and
| what you left in 1892. Is there working
man in the United States VINO does not
want that condition back again? tom
| tinued applause) Since 1860 wages have
! advanced 6Sl2 per cent, according to the
! paid in 1850 Were in times when we had the
| free and unlimited coinage of silver. and
| thirteen years before the suspension @ the
free coinage of silver.
In 1890, according to the census. the oc
age. numbered 1926, $50. This great army.
| of which you are part, constituting more
| than one-fifth of our population, work for
wages, and are paid in money measured
| by gold; that is, when you have work
| daughter and applause) money good
| as gold. You have had no other kind of
money since 1879 and the working people
/ of other country of the world have
| any better money. These are the toiing
masses who were the most prosperous in
| 1892 of any working people in the world,
and more prosperous than they had ever
/ been before.
WHAT CHEAPENs COMMODITIES.
1.-THE cheapening of commodities comes
| from the introduction and application of
| labor-saving machinery, both the farm
| and in the factory. There is scarcely any
branch of production which does not turn
out more commodities per hour of labor
| than IN 1878. 1t would be just as reason
| able and just conclusive to say that
| the suspension of the free coinage of sill
yer in 1878 reduced the price of steel rails
from S12o per ton to $25 $50 per ton, the
price now prevailing, as to say that that
act reduced the price of wheat. The price
| of wheat is fixed by the law of supply and
demand, which is eternal.
| Gold has not made long crops short
| crops, high prices or low prices. Gold has
not opened up the wheat fields Of Russia,
India or the Argentine Republic; nor will
| free silver destroy them. Gold has not
kept up the freight rates for the agricu-
coinage in 1873 has not advanced it, In
| 1873 the average of freight grain by lake
and rail from Chicago to New York was
1863 per bushel. In 1885 it was SO per BUSH
ell. Our working people have bought the
for Themselves and ND familes during ali
| these years since 1878, and down to 1892.
they were getting better wages, paid in
| gold. for their labor than ever before.
I'm the United States everything has
| been cheapened but men, and as nearly as
such, as Mexico, Central America and
! south America, man alone has been cheap
ened; everything he buys having been
| steadily increased with constant f1uctua-
| tions by steady decrease in the price of
| silver With the sold basis and the pro-
tective tariff from 1879 to 1893 the working
men of this country We're never. before so
| steadily employed; they never before re-
ceived such good wages; they never before
were paid in better money and their wages
never before bought as many of the neces-
saries, comforts and luxuries of life. Cap
| plause and 'Hurah for Mckinley!O
| If gold standard deprived the Ameri-
can toiler of a single days work or his
| wages, or made life harder for him. I
should be against it. Applause) AS it
prosperity and upholds the national credit
and honor. am for it, and shall steadily
henecia1 as ana f0ng as eeevf IT rs truy
| try. cloud and continued applause)
| CARLISLE QUOTED.
| 1.-THE Hon. John G. Carlisle, the distin-
/ guished Democrat who is at present Secre-
tary of the Treasury. on April Is, 1896, ad-
| dressed the workingmen of Chicago in a
| speech of great power and eloquence
| Among other things, he said: The value of
the silver dollar under free coinage would
| fiuctuate from day to day, moving UP and
down with the rise and fall of the CONNER
| cial price of the bullion contained in it,
| as the Mexican dollar does now and the
premium of the gold dollar would, of
! course f1uctuate to the same extent thus
| affording an opportunity to bullion brokers
and SPECTATORS to buy it and sell it at a
| profit. 1t would cease to be used as money.
| because no man would pay his debts in gold
dollars or in paper redeemable in gold dol
| lars worth one hundred cents when the
| law permitted him to pay them in silver
| dollars worth only 81 to 80 cents each
! -, The sudden W1thdraWai, says Mr.. Car
| cy in the country would undoubtedly pro-
! duce financial and industrial disturbance
! than has ever been experienced in our his
| tory; and no man who has a particle of
sympathy for workingmen and working
women and their dependent families can
| contemplate the possibility of such a
calamity without feeling that it is his duty,
| whether he occupies private or public sta
ton. to employ every honorable means at
| his command to avoid it,
| These are the words of truth and sober
ness, and 1 commend them to the working
| men of Homestead (applause) and the en-
| tire country everywhere, as well, as entitled
| to their most serious and earnest consider
| alton.
| Gentlemen I have always been, as you
! know, in favor of q protective tariff Cloud
and continued applause), and have always
| advocated it and believed in it because
| thought it was necessary to protect the
| American workingman against the cheaper
| labor of the world. (Vociferous cheering
| Applying that great principle, l am in favor
| of protecting to-day the laboring man of
| the United States against a degraded cur
| rency. l am opposed to free trade because
! it degrades American labor. ! opposed
| to free silver because it degrades American
| money. Continuous cheering.) You work
! ingmen who are making in part the great
| armor plate for the use of our naVies must
| use that greatest armor of American citi-
| zenship-the ballot-in defending the honor
| and credit of the currency of the United
| States (Applause) L thank you more
! than / can tell for this call from the men
! who toll. To feel that they are with me
| and the cause which for the moment l rep
resent is a source of strength and comfort
to me- for which l cannot make suitable
acknowledgment. applause and cries OF
We are all with you, Majort) L am GLAD
| to meet and greet you, and it will be my
! further pleasure to shake, if possible, each
| and every one of you by the hand" Vo-
| ciferous cheering.)
To Railway Employees.
| After the great delegations from Chi
| cago and Homestead had gone eigh-
teen hundred people from McKees-
port, Pa, and employees of the Pennsylva-
MIA lines west of Pittsburg gathered with