New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-26
Cause OF High Prices.

Cause OF High Prices.
The true causes Of the worldwide In
| crease I'm the cost OF living undoubtedly
are the enormous increase in the worlds
| supply Of gold. necessarily diminishing
| the purchasing value Of the dollar. for
J 1850 10 1890 avera ged Sl2O000.000 per
arnun and was $50 $50 600 In 1921, In
! creased 10 fully $50 100000 In l9l the
. rapid increase OF population without q
/ corresponding increase of the produc.
/ ton ~ food and other necessaries or
/ !ifc, the Hooking 10 the city and the
/ abandonment Of the farm. the enormous
\ appreciation I'm land values. the Increase
! IN the price Of raw materials. the higher
/ rates OF wages and the decrease In the
/ number OF hours Of work. the eXhaus-
} ton Of some sources OF supply. higher
/ standards % living. extravaganza IN
/ public expenditures and tho Withdra WE ]
uf armies Of civil servants from pro-
/ ductiye industry
/ NJ. Guthrie contended that Of the many
revolutionary schemes I'm the Progressive
platform one Of the most dangerous and
. farreaching was THE proposal 10 destroy
the representative character OF our gov
eminent by substituting direct action by
/ the people IN place Of action by logls
lstures and officers elected by the people,
which IS 10 be accomplished through tie
! Initiative. referendum and recall"
This question. Mr.. Guthrie said. vas
doubly important a; the present time be-
cause the Democratic candidate for .ha
I Presidency. after teaching directly 10 the
contrary Tor many years. had become a
recent convert 10 the project The chair
man added:
7 The plain truth is that the trouble with
! our legislatures and with Congress IL the
character Of many Of the men the people
the voters. II they viii elect only ca
pable and honest men 10 legislative and
executive Office we shall have Il cure az
once. We need q remedy. not n poison.
Tho initiative, referendum and re-.
call would not euro present OWLS, but
would in fact only intensity and per-
/ petuate them.
Mr.. Guthrie took No one after another
! numerous attacks made by Theodore
Roosevelt on courts and court decisions.
ana pointed out In case after case how
unwarrantcd were 'thc lurid and imam
matory" statements Of the eX-President.
The chairman spoke very briefly NJ
state issues, which he said were dwarfed
! 10y national issues. He suggested that
/ iIl' % VI u u' lflOIH anu Itdl
! progress now needed IN this state we're:
| An election law providing adequately
J for free and honest primaries and In
| dependent nominations in place OF the
| Levy law; the separation of the judiciary
/ ballot 40 that judicial candidates may
! be presented on their individual merits
| and without party label: a workmens
compensation act that will be Just and
! fair TO both employc and employer: q
state constebulary charged with police
| duty throughout the state; business meth
DDS. economy and fuller publicity In the
| various departments OF tho state, and an
| annual independent examination. audit
| and report on the proceedings. eXpendi-
lures and results OF each depa rtment.
In concluding his address Mr.. Guthrie
said:
The American people know where Pres.
ident TAFT and Vice.President Sherman
stand on every great question before the
people. They have been tried and found
not wanting. They can be trusted and re.
lied on to keep every pledge OF thelr
| party's platform.
| II ANYBODY can now tell where Gov
! ernor Wilson stands except a. n free
trader, radical and All opportunist, no Is
much more Discerning than | am.