The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-11-03
MEN MUST STRIKE NOW
The Defeat of Bryan Means Reduc
ton of Wages.
A Writer Says No other Peaceful Eff
fort VIII BE Made to Protect the
Masses Against Privileged Glasses.
Eioney Srung From the People TO
Pay Dividends On Wntered stock.


The following open letter has been
written by J. NJ Mason. of Charlestown.s
w Va, a son of the late Senator Mason
OF Virginia.
We believe that if Bryan is defeated no
other peaceful effort will ever be made 10
protect the masses against a privileged
class. His defeat will COW and dishear-
en- patriotic impulse and be
accepted as conclusive that
the mechanic and labor class have so lost
manhood that it is useless to appeal to
their Intelligence. 1t is difficult to con-
ceiVe of any man so blind as not to see
that those supporting Bryan can have no
private interest to zubssrve, whereas the
financial man and corporation official sup
porting Mckinley are actuated by motives
necessarily antagonistie to the common
welfare An illustration explains the sit
uation. Capital, labor, and employer form
a partnership. Capital puts in $1,000 and
demands to share on the basis that he has
put in $1,000. It is manifestly Impossible
for labor TO obtain it's just proportions if
capital receives two-thirds when entitled
| to one-third Bryan's defeat will prove
that labor lacks sense to comprehend so
simple a proposition
tCowen yaunts the potency of~a definite
fact. Well, here are some facts: Balti-
more and Ohio mileage 2,0f7, Baltimore
and Ohio stocks and bonds cal for $2t6,-
| 600, O00 of which 500, coo 600 is water The
Democratic Club OF Charlegtown, w Va.
publishes a list OF securities aggregatiBE
$25, 900 000, eco, whereof SIS, 0G0, Geo, 000 rep
resent fictitious capitalization These $25.-
900 GG0, 0G0 call for an annual interest
charge of 81, 375. 0O0. 00O which is $1I5, co.,
Gee greater than the profit of the entire
production last year of all the farms and
mines in the United States. Mechanics
are urged to consider the potency OF this
definite fact.
rs it possible TO meet this interest
charge unless wages are largely reduced?
Can wages be sufficiently reduced unless
I We have government by injunction? The
security holding class ara unanimous for
injunction and unanimous against Bryan.
Coweu says if Bryan is elected bankers
cannot raise money TO buy cars by selling
securities representing fictitious capitalI
cation. Sugar coat il as you please. but
this means that Bryan's defeat insures re-
duciug wages TO pay interest on fictitious
ers can outVote the security holding class
by 2e0 to !.
The Logic of facts is Irresistible The
: cost Of living has Increased more than %
/ per cent, hence it is not possible that wall
! Street is lending England the savings OF
! the wage-eaTning class. Governs state
| mept cannot be true. 1t is nat possible
| that the Increased deposits in savings
/ banks represent the 3avingS of the aver
age mechanic and Iaborer. 1t is NOT true
that trusts and fictitious capitalize ton
| enable mechanics to lend money to Eng
land. But it is true that trusts and ic
titious capitalization give the security
holding class enormous incomes, and this
class alone is lending money to Europe.
/ IF a county debt is held abroad the
! interest is sc much money annU5 lly leav-
i ing one community and going to another
I community. The interest on stocks and
bonds is so much money leaving the mass
es and going to the security holding class
. The potency of this fact is illustrated by
/ what occurred in Ireland. Any freshman
can tell the story Twenty millions of
rent and thirty millions of taxes an
. nualIy left Ireland and went to
England In 1894 the population Of
Ireland was 100000; in less than
twenty years it was only 4,3G0 000.
The per capita which left ireland was
only $5.25. The interest charge on the
Sc. GOO Coo coo Of securities mentioned
I above will exceed a per capita of over S19
leaving the masses and going to the Sc
curity holding class. which lends its sur
plus to Europe Ireland is a piteous OBJ
ject lessen, teaching US TO call halt.
If Governs alleged facts are placed
alongside of each other, even fools Will
laugh. Labor is lending its savings TO
Europe. We cannot buy cars unless We
sell wateTed stock. We cannot sell va
tered stock to advantage if Bryan is elect
ed. The economist answers: The more
watered stock you sell the more you must
reduce wages
Merchants accustomed 10 defer to bank
officials do not observe that many fnan-
cial men are afflicted with the wateTed
stock craze. As thrift follows fawning,
all courtiers 10 wealth, all promoters and
go-betweens echo financial clatter about
national dishonor, without considering
that McKinley's election means a gov
! eminent by plutocracy- The class most
active for Mckinley reward men who te-
} tray public duty as Irish renegades were
rewarded by England. It is already un-
aristocratic to suggest an income tax or
propose measures tending to lessen the
illegitimate profits of fictitious capitaii-
; cation. If Bryan is defeated no high-ton-
: ed man OF real ability will be able to re-
main in public life.
These are definite facts. and thinking
men should CONFRONT the situation which
will exist if Bryan is defeated IS it not
better to hasten conditions to establish
an hereditary artistecracy rather thar
drift under Government composed of the
; hirelings of an arrogant and densely ig-
! Int,