The record-union., 1897-07-09

of some salaried officers to the hard
ships suffered by the people.
NV friends. / am not criticising any
one in particular. l am describing a
fault which can be laid at the door of
each one of us, when l tell you that
nobody studies the subject of boils so
intensely and so earnestly as the man
who actually has the boils. 1t has
been said that there is no good place
for a boil except on somebody else;
and it is a truth although homely
one.
You don't understand thing until
YOU yourselves become sufferers.
oh, if we paid our officers in farm
products instead of in dollars how
much more alert they would be to the
fall in the value of farm products! IL
our President received $4,000 bushels
of wheat a year instead of SooOOo ne
would never wait for an international
agreement to stop the fall. Cloud
| cheering)
There is a growing resentment against
large salaries. Why? Because the
ability of the people to pay large sal
aries has been diminished. when
times are hard taxes become more
burdensome; people cry out more
against them, and the demand for
economy becomes more emphatic.
And. my friends, this contest between
those who pay taxes and the ott1clals
who eat taxes, or get the beneht or
taxes. is going to be growing con-
test if hard times continue. If falling
nrices continue we have either got
we must. l say, my friends-reduCe our
salaries to correspond with the ability
of the people to pay those salaries.
We have either got to bring the sal
aries down to the condition Of the
people. or take the condition of the
naonla I'D to the salaries which we now
nav and we might as well prepare to
meet the combat. (Applause)
Well. Mr.. Sherman included another
class. He said that the capitalist out
of debt and the salaried officer would
be exempt, and then he sald the an
nuitant would be exempt too Inc
annuitant receives flXed sum Oh
money each year during life, and, OF
course as that sum is fixed, the larger
the purchasing power OF the dollar De-
comes the better for the annultant.
Rut. my friends, the number OF people
who have fixed sums coming TO them
is small compared with the number of
neonle who would like to have some
money of some kind coming to them
some way. (Applause)
And nany people who thought their
salaries were fixed during the last cam
raien have found that the salaries have
recently been fixed at a lower sum. L
had a letter lust after the 1st of January
from a travelling man in Indiana. He
said that five travelling men had met at
hotel the night before. -Four of them
had voted for confidence and prosperity
four of them had supported the gold
standard: and he alone had been for sill
Yer. But he said that on the 1st of jan
nary all five of them received notice of
a reduction of p per cent. in salary and
that the other four We're now convinced
that they had voted for the wrong "ad-
vance agent of prosperity" (Cheers)
Salaries, as rule, depend upon busi-
ness done If you are employed as a
high salary if business grows worse and
worse. Therefore, my friends, when you
come to analyZe the condition you will
find that however secure a man may
think himself, he is very apt to find that
lie is depending for permanent prosper
if he interferes with the prosperity of
those upon whom his prosperity rests ne
is simply inviting ruin sooner or later.