The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1898-03-24


answer No. 3 at all; but 1 have already
answered it substantially in answering
No. 2.
4, 5. and 6. These questions are all
founded upon the unwarranted assump-
ton that Iaborers are benefited by fall.
ing prices and by dollar that constantly
calls for more and more of the products
of their labor. Whereas every member
of the organized labor assembly can tell
you that when prices are falling money
will not engage in enterprise; that when
money runs away from productive EN-.
ployment it ceases to employ laborers !;
that laborers out Of job cannot buy
products however low the prices may be;
that money seeking investment at max
ing things causes several jobs to seek
one laborer, and wages go up; that money
idle because falling prices prices forbid it
to be risked, means several laborers seek
ing one job, and wages 20 down or cease
entirely that labor has always been able.
at least for the last generation, since it
has been we'll organized, to secure for
Itself in increased wages a share of sd-
vancing prices; that Will: by combna-
ton labor can prevent to a considerable
extent fall of per diem wages as an &C.
compartment OF falling prices, it is pow.
erless to increase the number of DAYS
of work; that statistics of day wages
which do not mention the days work
lost are misleading; that if mans
wages are 81 day and he gets days
work week. his wages are really 81 a
week; that a laboring man pays debts
with his surplus and even assuming the
alleged doubling of his expenses (Which
We deny. for prices would not double nor
anything like it) under bimetallism, he
could look with some degree of equs.
nimity upon an account like this: On
gold standard, wages 81 day; expenses,
70 cents; surplus, % cents; mortgage on
little home, $500; number of days work
to pay off mortgage, 1000. Under BIZ
metallism, wages 81 day; expenses
$50; surplus, 80 cents number of days
work to pay off mortgage, 1000; net saw
ing to laborer in paying his mortgage I'M
der bimetallism, 1000 days work. The |
laborng men know, which evidently you
do not, that the established facts, as
shown by reliable data mot the partial |
doctored ones OF the Aldrich report, which
have been laughed out of countenance
by the competent statistical authority of
the world) are that under bimetsllism
wages rose in the United States from 1860
to 1873 about 90 per cent, and under the
gold standard have fallen since 1873 80 as
to leave the let gain over 1860 only As |
per cent. and that every body OF or
ganized labor in the world has declared |
again and again for the restoration of ell.
yer to the money rights of gold.
Z. This has been already Substantially
answered. When you are able to show
that high prices result from having less
money you will be able to reconcile your
gold standard with agricultural pros
perty. We seek money system that
will make producers prosperous, or rather
that will permit them to make themselves |
so, as u normal and regular thing and !
not as a result OF accident. Had it not |
been for foreign famine and calamity your
system would have injured the grower of
wheat IN 1897 as it has with almost unn-
terrupted regularity injured him since
1874