The times. [volume] (Richmond, Va.) 1890-1903, 1898-10-15

| 500 600 90 and the per capita circulation
| to-day is almost at high water mark.
| Yet ia spite Of all this there has been
no pronounced rise In prices except in
2 few inst ancos. but on the contrary some
commodities. notably cotton and cotton
manufactures. have actually declined in
the face ~ the Increase OF money.
Prices have fallen because We have
learned to produce cheaper. The South
orn bankers say that the cost Of produc-
ing cotton Is only about half OF what It
vas ten years ago, and we know the
cost OF producing manufactured articles
has fallen even in greater proportion.
I This Is duo 10 sharp competition which
has made every man rack his brain 70
see how he may produce the best pos
sible article at the lowest possible cost.
Hence our labor saving machinery and
| all other devices whose great aim s. 20
lower the cost Of production. II Is alb
surd 10 ray that the gold standard f.
ro~ponsibic for this The same thing
would nave happened under the silver
standard or any other standard.
W, might lower our standard OF value
en- that every half dollar in tho country
should be equal 10 a dollar so-callcd.
In such an event there would be doub-
ling up Of prices. and the farmer would
receive ten cents q pound Instead OF I'VE
cents a pound for his cotton, but that
| would really not be any advance ~ prices
rs that term IS understood. It would
| simply be lowering the standard in which
/ prices are EXPIRE sed. Who says that
twelve months make q year? let as say
instead. FOR after all tho division Of time
is merely arbitrary that six months
| shall constitute year. and then we shall
| an live 10 be "a hundred
The fact is that the Gay OF big profits
in any branch of business agricultural
or otherwise. IS gone. We may have free
silver and initiate the currency and
change the standard Of value and make
# appear that We are getting more for
our products than before but silt it
down and tie profits will he the same.
Change our standard from gold to silver
ana the farmer may set ten cents
pound for his cotton. But farming will
nos Oe any moro profitable than it is now.
II is an old saying as full OF truth as
an egg IS OF meat (ano,her pregnant old
SAW that we may forgive MIN who
wrongs as but We never can forgive him
whom we have wr0necd So true is that
that We hate our victim more and more
with every added day, and with the more
| intensity the more we see him and the
more we think OF how we treated him.
I The fact OF the matter is that We despise
what We did. are deeply ashamed of it
| for (as we concciye) betrayed. prOvokng
! and tennting MS into it. The more we
| are mortified and inundated az tho ACT
| the more we hate MIN. That IS tie best
! explanation: but not the only one. lsu-
/ slv I'm such cases We hate the man we
! have wronged because Do knows the Owl
side We seek TO hide.-Norfolk Fir-inian-
Pilot.
What have you bean adding? Are the
gold-bugs troubling your sleep?
Roosevelt says now IS the time TO set
tie questions Of finance. OF course, he
thinks now that everybody ought TO pay
up their taxes.
Chaplain Mcintyre IS now I'm a position
10 lecture without any OF the after ef-
fects Of brandy and quinine.
,l,--,.,,.1- GU. .,,,, Oh. s,,,,l,.
| blockade and. with his bride is sailing
for ola Point in MS yacht Niagara.
----------- >, 49,. .-,.,
49,, " r,...,.,,,o-.. zero 1uo
20 ignorance. lie might have added that
the Same cause followed the oriuc'ms
Of The Third virginia regiment
SPAN oHei' ~ ''' 80 '' 90,
that matter we ""'' ''''''' '''- '''''
Tor It.
tn. good work OF wedding out the
/
anu --
Mr. Bald tho bicycle champion Is 60
Inc audience
"
The plum tree is now at rest but quay
-,
me p'"'' 'u'',. - -.