The herald-advance. (Milbank, S.D.) 1890-1922, 1896-05-15


and to employ greater number Of men.
1t is the the Justification which is gen
orally made Tor reduction in the wage
scale. Whenever it has been listened to
the worhingmen have discovered that
they were following the Will o. the wsp. >
------------
Our populist neighbor down the street
doesn't ike The gold bug committee of
New York which supplies pate matter
free to all papers that VIII use it. The
gold-bug committee is Just like the sill
Yer bug committee in this respect, il is
anxious 20 get its arguments before the
people, but the former has the good
sense to know that it can get this done
most thoroughly through the medium of
the country press, while the silver bug
committee is eNpending its funds IN pro
vldlng speakers like Goody knoolz and
Silver Joe 70 stu mp the country and
present its side OF the question to 'hp
people SO the wlckeGness of the gold
bog is just about equalled by the wick
edness ot the silver-bug But we learn
in the same article that il is not the
democratic administration that Is to
blame tor the deficiency in the treasury,
but the supreme court Well, il the
supreme court Is to blame for the cal
antilles Of the administration it can't he
that these are caused by the country be
ing on the gold standard basis as The
Review tried 70 infer ia It's first argu-
ment. Now Volkmar which line of ar
gument do you rely on-that the got
hn T. =, 4
the supreme court?
Again our friend says that 'sin the
United States the dollar has doubled iii
purchasing power According to this
the laborer who now receives a dollar
for days work IS virtually receiving two
dollars or what was two dollars few
years ago. and lie who is receiving Two
dollars is receiving what was four dol
lars before this doubling process began
The righteousness OF this assertion is
apparent on its face. Will the Reyiew
tell the farm or railroad laborer that his
wages have been doubled since silver
was .demonetlzed:" Will he tel the
pensioner that his penslen has been
really doubled by the .'crime Of '13:r If
the purchasing power of tie dollar has
been doubled then every man who is
worklng Tor wages. every pensloner. and
every man on a fixed salary has virtually
had his income doubled Tor every pur-
pose except for paving debts previously
contracted, and every man who his had
dollar IN the savings bank or any other
depository has virtually had that dollar
increased to two besides his interest
THIS is what the Review contends when
II says that the purchasing power af the
dollar has been doubled Building on
such false premises there is no wonder
that an illogical and untruthful con
cluson is reached. Another mjsstate
ment is that lin Mexico il requires only
the same quantity Of agricultural pro-
cucts to buy dollar in money, While in
the gold standard United States it takes
two or three times the quantity that It
formerly did, This is falsehood
While every industry, including aerl-
culture, is today in a depressed condi.
ton owing 10 the tariff tinkering of the
tree traders, the statistics show that Of
ten leading articles the farmer sells.
from 1873 TO 1891 inclusive there was n
shrlnkage OF a general average Of but
13 per cent.
viii the Review please to explain to
It's readers why there is not single
nation on the face Of the earth that is
IN an advanced state Of civilization but
what has discarded the tree coinage Of
silver. and Why only the poorest, most
impoverished countries and most ignor-
AMI people are on silve- basis.