The Superior times. [volume] (Superior, Wis.) 1870-1912, 1907-11-30
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BY CHARLES F. PIDGIN,
Author and Former Chief Labor Statistics Bureau.

THE high prices that have good us why
run them up higher? Can of good thing?
Some years prominent the money
"a we had the better off should But something
NJ NH back of the qutona solid basis for financial o?orltous
tS1 and the majority decided that the basis be gold
~ today leading fnaucrs maintain that the increased
t,3g output Of gold is onswera}e great degree for high
To the consumer the ca, d is subordinate to the effect;
the effect is opcn-he cause probemat far as he is concerned
The cost Of living has increased greatly question
high prices a benefit to all consumcrs?"
There kinds of producers and nonprouccrs
The producer wage salary Let consider his financial po
suon If high prices benefit him. after paying the increased
prices for rent food clothes heat and light he should have large surplus
for recreation and the good things Of life Does he? Instead he
the surplus vanish and otenmes balance the debtor side
But, 1t will be said wages and salaries have been increased,
and comparisons the prices and the
advances and salaries. Nothing could be folacous
applied TO the worngman paid by the hour day Questions of rates
mean little What he actually is the vital question.
The real condition of workngmen shown comparing vicious
percentages claimed represent prices and advances
and salaries The only figures worth anything index of conditions
are
The number of workngmen having increased surplus despite
the high prices.
2. The number having less surplus
8. The number having surplus
4. The number in debt
If official figures honestly attained this basis and presented with.
fixing show that high prices have benefited the wage worker and the
smalaaed then the heavens will rain again, and
all sit down and and drink and be merry Until then the dealers
and doctors, and other creditors will have their uncobe bills and the
pawn shops and money sharks will nc number and rich with
increased business.
And this brings the nonproduccr who not paid by wages
salaries but by profits They have to pay the increased prices too;
but they remedy their hands What they have to SELL
others pay for without BY nonroduCers mean all who
transport sell what the needs including money The
axaes, who lead ii TO its feeding grounds and the bank
and moncyrokcrs all acrent and helpers of the great god
capital!
Restraints being placed continually upon the manuacrr who
often friend especially when he eliminates the
nddlcman aud gets close the At present have between
the the wholesale dealer commission mcrcan and
the retailer The three manufacturers wholesaler and retailer may each
only fair profit but three fair profits make price burensome to
the consumer wage salary help the but
if only enables both ends meet and does not restore
increase his surplus, he is not benefited.
Probably the majority of nonprouccrs benefit by high prices for
thev,a a rule, live percentage OF profit,
and the larger the figures, the greater the ~
Even if the percentage IS less than IN N<< 1.[.
former the increased volume Of business n " n
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