Perry Enterprise-Times. (Perry, Okla.), Vol. 4, No. 135, Ed. 1 Friday, October 9, 1896 Page: 1 of 4
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PERRY ENTERPRISE-TIMES.
Official Paper of Noble County and City of Perry—Published Daily.
VOL.1 V
PEKRY, NOBLE COUNTY, OKLAHOMA, FRIDAY", OCT. I),1896.
NO 135
lUtUltUUlUUUiltttliUiUUlUliUUUUUUUUUUIUiUlUUUUlR
Onu i,i ;'.:o nottoee carried In the I-a-
bor Day parade ran In thia way: "Who-
ever la olectod, we shall havo to work."
There wan sound philosophy In that
motto, and worklngmen may confident-
ly *PI>ly it to the situation In which
they And themselves to-day. All of us
—all of the vast army of wage earners
here In the United States—must work
If we expect to got money. Labor Is
the only thing that most of its have to
give for money, and if we do not sell
our labor wo havo no Income.
What docs It mean, then, when some
people tell us that we shall grow rich—
that we shall get more money—If a
groat many more silver dollars are
coined for mine owners who take their
■liver to the mints? Is it meant that
we shall be able to get some of these
new silver dollars without working for
them? Surely not this; for we "shall
have to work, whoever is elected pres-
ident."
Perhaps it is meant that worklngmen
will get more of the sliver dollars for
Uie samo amount of work which now
brings them dollars as good as gold.
But who Is to guarantee this to the
worklngmen? They do not get more iu
Japan, surely, or in Mexico, or in Ar-
unthinklng voters to harp upon the
fact that thq capitalists and million-
aires of the oast were opposed to the
free and unlimited coinage of silver
at tho ratio of Hi to 1 without the co-
operation of other first class powers.
Rut It was soon learned by the public
that the capitalists and millionaires of
the far west, the silver states, were for
the free silver Idea. And it was
learned, too, that these millionaires
had about as many millions as the
samo number of eastern rich men.
Twenty-two sliver kings represent an
aggregate wealth of $517,000,000, and
every single solitary one of them Is
for tho Chicago platform and Mr. Bry-
an; Indeed they had all to do with
drafting the one and naming tho oth-
er. Since this information has bccoine
general wo hear less from Mr. Bryan's
side of the house of the eastern mil-
lionaire and his preference for sound
and honest money as opposed to silver
inflation and repudiation.
But the free silver agitator is much
disturbed Just now because the east-
ern manufacturer and the railroad
officer are telling their employees that
the factory and mill cannot run and
the railroad be operated profitably un-
they will receive more so-called dol-
lars even If It will take two of then
to purchase as much as one will buy
now. If there Is any place In the
United States where the employee
must vote to please his employer It i4
In the silver country.—Zanesvllle (O.'
Courier.
WHEAT
IS LOW.
Two years ago Senator Peffer made
a report to the senate on the cause of
the fall In agricultural prices. In that
report he declares that—
"Our home prices for wheat are large-
ly controlled by the foreign wheat mar-
ket, and that is regulated by those who
supply the greater part of tho demand.
Tho effect on our wheat market is to
bring down prices. Our strongest rival
is now India, whose farmers during the
Inst seven years furnished nearly one-
half as much as we did of the wheat
requirements of our best customer—
[ England. • • • Wages of India
farm hands run from 6 to 10 centa of
i mir money per day, and wheat costs
i about 13 cents per bushel on the farm
| there."
Another strong rival referred to else-
where In the report is Argentina, whose
farmers havo cheaper and fresher lands
and whose labor expenses are much
less than thoee of their American com-
petitors.
Cheap land or cheap labor, or both
JpTfp- -
V in
1
i
f
HON. CARL SCHURZ.
HONEST VOTER—Let Them Come On, We'll Teach Them n Lasson In November
gentlnn, or In nny silver country. The
worklngmen In those countries get
•bout enough wages iu silver to p«y
for the food which the American work-
Ingmen's children give to their pet dog
or cat. If there is any fact about
which there Is no dispute, It U that the
lowest wages and the poorest living
• re thoio of tho worklngmen In coun-
tries whore the silver standard pro-
vails.
Now, ono of two things must happen
If the United states undertake* to coin
{3 cents' worth of silver Into a legal
lender dollar for everyone w ho has the
■liver ulid risks to have II made Into
• dollar. Klthcr the new silver dollars
will bo worth ns much as gold dollars,
or they will be w.iith less If they hold
the same value that our dollar* have
to-day, how are worklngmen to get
any more of them for the seme amount
•f labor? If lhi-y do n«t hold that val-
ue hut depierlate, In what way are the
worklniinii n going In make up the defl.
•It In the value of their wages?
No one now seriously contends that
■liver dollars. MP the treasury eertltl
eatrs representing such dollars, could
fee maintained nt a parity with gold
under free and unlimited coinage. That
fob I* too big for even Uncle Ham to
handle. The value of the dollar, and
•o the value of wages, would Inevl-
Uhly fall, *nd It would fall h*dly. Bui.
we *r* Inld, Ihere la ihe poor farmer
*rbo h*a • mortgage overdue and could
|tst II nlf an much mors easily with
thl* cheap kind of dollar*, True
Moilgh; he rnnlil pay off his moria**"
with the maitey which ths worklngmen
low In wnge*. Thl* might he t>1ea«*nt
for the farmer, but,!. It exactly cheer-
tot for lb* worklng-neti? Helen font
EMPLOYER AND EMPLOYEE.
w
'1 n*
Wfell
IWa
Mi
Wfce* lbs free ('Iter agitation was
pMMi *hlla yet the theories of the
White natal daetn ti arias were pians-
Mit tbelr arguments ep«*lflti* it
• elavar trieb with which Hi eatch
der • free silver monetary system.
They say the employer has no rlglit
to Intlmato to his employee what con-
ditions are favorable to his lnduutry
or enterprlsa and what not. Why
hasn't he? Are not the Interests of
employer and employee lurgcly Identi-
cal? Is It possible for the employer to
Ik hurt without the employeo feeling
II? Should an employer allow his em-
ployes to be misled Into doing what
will result In loss of work or wages
without saying a word by way of cau-
tion to put him on his guard? Is the
right of freo speech to ba denied tho
employer? And Is a word well meant
from him and for the employees' best
Interest to bs tortured Into Intimida-
tion? Tho truth Is the nnltiral ro-
tation between employer and em-
ployeo la • close one. It ha* been
widened by tbo politician and walk-
ing delegi te unlli in many cases mi-
nify has aupplanteil the good feeling
which should lis foatered.
l«ot us ase ths Inconsistency of the
fraa silver people, Have you ever
been In ths allver mining states since
til* Btswarl*. Teller*, Newlan ' and
that clasa of men have been 'ing
sentiment for lha cause of th i.oils
metal? Ilye they enllateil the silver
minor who works for lliem" Have
thayf Why, lie la rampant. If he
ware not bs could not only not hold
hi* Job or not hops for one when
llryan gat* lo ha president. If ha I*
out of employment now, but !| would
ha too iinwmfnrtahle for him lo live
out tfliera,
lliilldoiing. do you call this thing
of employer enlisting employe** in
behalf of what will benefit the
former? Wall, then, you should go
Into Ik* allver mining district! and
beheld M flt*irl*hing with vigor and
lu**rla*e*. The allver miner Is told,
wllll fraa allver, wage* will go up H
la Ml etplalaed to htm that they will
«n up ** measured by a si'ver elan
dsrd ll Is enoog-h for him to know
and for the purpose* of suob *hta*
flint* aa Kefstor fltew*rt that
combined, are what the American
wheat-raiser has to contend against,
and not the gold standard. The Ar-
gentine farmer can get fresh govern-
ment land for a song, and hencs does
not have to put as much capital Into
his farm as the Minnesota or Dakota
farmer does. He pays lew for farm
lalwr, anil his transportation facilities
are often better. Hence ho can sell his
grain more cheaply,
The moment the Sue* canal w.if
opened the wheat-ralaers of India, who
already had cheap labor, got quick and
cheap transportation, and became for
mldable competitors. Kill up the Rues
'•until and force them to send their
wheat around the Capo of Hood Hope,
and they would cease to be such dan
r< rous rivals (live the wheat-raiser
of the northwest deep-water trans-
portation from Ihiluth to l.lvarponl,
and he would get more for hi* wheal
than he doea now.
The American wheat-rnleer ha* got
to deal with ths fart •(•ted by Renatot
I'offer that wheal roat* about II *snts
a bushel on the India farm, largely be-
cause labor I* *o poorly paid there.
It I* estimated thai It coat* M rents
to rttlae a bushel In New York or Penn-
sylvania. and about M) cent* In Kanaas
How does Hie free silver farmer think
ihl* difference In the cost of production
between America and India wilt be
done aw ay with hy free aolnageT Doe*
he think the coat of labor will be In
creased In India, and not Increase.,
here? Or does he think Iks rum of I*
hor will he dscreeaed here and no! In
creased In India? line* he etpeet to
see the American farm laborer Injur"*
or the lahorer In India hensfltsd?
ft e* coinage will not larr*a*a ths
yield to the acre. It wltt net *44 to
the mtmher of wheat eoaeaiMr* It
will do nothing le *14 the farmer, Ry
creating a panle, bp dlaorganltlac all
(tranche* of hualneae. hy re4«elag the
eitt eon sumption nt wheal an4 all «h-
er fur* product* free eoln*ge will do
the farmer t«4eecrihabta Infer?, ll «M|
damage hi* home marhst which ti IK
tualk nat rhteaga Tribute
SHOWS CLEANLY THAT FREE
SILVER WOULD MEAN RUIN.
Tlll*0ftt to I'ut t It h I'nltoil Ktntn* on tlm
Mlv r ISifesI* Would titiiae Itualiir*«
BtMBimtton—Kvll ftCITevI* of l-'ree Colli-
>!• Agitation.
Hon. Carl Schurz, ex-secretary of
the Interior, addressed an Immense
audience in Central Music Hull, Chi-
cago, on Sept. 5. Speaking of a pos-
sible free sliver victory he said:
"Consider what the Immediate con-
sequences would be if Mr. Bryan were
elected president, with a cougress to
match. Mr. Bryan, of course, would
be anxious to have his free colnngo
law enacted, but that could not be, even
if he called an extra session of con-
gress, until some time in April or
May, five or six months after the day of
election. Hut as soon ns on the 4Ui of
November the result of the election was
announced everybody would know that
the parity of gold and silver would not
be maintained.
"It having been made certain by
Mr. Bryan's election that the parity of
gold and silver would not be main-
tained, there would be a rush upon the
treasury for the gold in it by persons
holding greenbacks entitled to re-
demption, and tho gold reserve would
be exhausted in a twinkling. Gold will
Instantly disappear from circulation, to
be hoarded or exported. Why will it
disappear? Because every sensible
person when making a payment will
prefer to make it in the less valuable
dollar and hold the more valuable gold
dollar back for more profitable use.
Gold will therefore quickly rise to a
premium, and we shall be on the silver
basis long before a free coinage law
can be enacted. Our dally transactions
In buying and selling, in paying and
receiving wages, will no longer be
carried on upon the basis of the gold
dollar worth 100 cents, but of the sil-
ver dollar worth 50 cents or there-
about, for the government will no
longer hold up the silver dollar to the
value of the gold dollar. That is what
the silver basis means. You can
study in Mexico how it works.
"The quantity of gold vanishing from
circulation will amount to about $Gj0,-
000,000, the disappearance of which
will make a tremendous hole In the
volume of our currency. But, says the
sliver man, there will be free silver
coinage to fill the gap promptly with
coined silver or sliver certificates. Oh.
no, my fellow sufferers. The disap-
pearance of gold will happen prompt-
ly after the election of Mr. Bryan, and
there will not possibly be any free
coinage of silver for at least six
months, and It will require a great
many more months to fill & gap of
1400,000.000.
"What will happen meanwhile? The
St. Louis Globe-Oemocrat reports Mr.
Bryan to havo sr^l some time ago: 'I
think It—meaning the victory of the
free coinage movement will cause a
panic. But the country Is In a de-
plorable condition, and it will take
extreme measures to restore It to a con-
dition of prosperity.' Whereupon the
St. Louis paper pointedly remarks.
'Evidently Mr. Bryan has heard of the
doctor who always threw his patient
Into fits before administering any cura-
tive medicine.' Just so.
"How, then, would Mr. Bryan's 'fit'
work? The sudden disappearance of
our gold from circulation would pro-
duce the most stringent contraction
of the currency on record. Business
mea who owe money and nt ths same
time have money due them will be
forced to collcct that money by every
means at their disposal. Nobody will
bs Inclined to lend out nny money
exespt upon extraordinary security.
The banks will naturally consider ll
their duty to keep themselves strong,
and therefore to rail In loan* and tn
re trlct their discount* and advauci
lo business men with the utmost cau-
tion. Iluslness establishments, manu
factorlea, mercantile houses, unable in
get ihe money for meeting their ohllga
tlon*, will by ihe hundreds aOccumb
to their embarrassments and tumble
down like a row of brick*, other* will
cautleucly restrict their operations to
the narrow**! possibly limit, and watte
earners by the thou*niid« will lose their
employment and l s I Into the
•treel.
"How ran I foreielt (hear things
with *o much assurance? Heiause
Ihey have already cast their shadows
before, Ho >ou remember the .rl«i>
of HM, when the silver basis was in
sight? And now nun I ti Ihe titer* *p
prebehilon of a poMllnlliy ,.[ Mt,
III>*n * election and of Hip ron
■equent slipping of our lountry tit
on the Sliver h*«t* h** already
enii*<d untold million* our s>
rurllle* lo be thrown upon the mat
bet la Hurope ** well a* here genre*
el buaine** order* are *lr<ady recalled
a large number el manufacturing en
tabllehment* have already slopped or
restricted Ibeir operations, enterprise
I* already discouraged and he*rl>
paraly*e4, many work* of public utii
tty by l«4«*trt*t or retimed mmp*ni *
kay* already be*n ordeted off. thou
•and* of worklngmen nre already
threw* out of employment, gold t* *1
toady being hoarded. capital I* al-
ready being sent noi of the country t«
to Inteeted in Kumpa fot *af*tv
"And why all till* Not, as the all-
ver men foolishly pretend, becaus* the
existing gold standard has made money
scarce, for capital is lying idle In
heaps, scores upon scores of millions,
fairly yearning for safe employment.
No. Ask (hose concerned why all (his
happens, and with one voice they will
(ell you It Is because they apprehend
serious danger to every dollar ventured
out through the change of our stand-
ard of value In prospect, through tho
debasement of our currency threaten-
ed by the free silver coinage movement.
And If these are the effects of .a mere
apprehension of a possibility, what
would be the effect of the event Itself?"
A PLAIN TALK TO WORKINGMEN
The A, II, C of tlm Silver Question.
Let us not get mixed up with com-
plex matters In connection with the
free silver Idea.
Let us not befog our brain with ar-
guments about the crime of 1J73 or
bother with the many theories which
the advocates of free silver are giving
us.
But let us take a common sense view
of the situation.
Now, to start with:
Suppose Bryan was elected and the
free coinage act had been passed and
that free coinage was an actual fact.
Suppose that silver could be taken to
the mint and coined into silver dollars
at the ratio of 1G to 1.
How would that affect us?
We haven't got any silver bullion.
A whole lot of people who own sil-
ver mines have it, and sts they could
have it coined into 1G to 1 dollars, but
not having any ourselves we could not
have a solitary, single dollar coined
under the free silver act.
Now, suppose, however, that all the
silver mine owners and others who
had silver took it all to Washington or
Philadelphia or to some other United
States mint and had it coined into 16
to 1 dollars, nnd
Supposo so much had been coined
that all the silver in the world was
made into 1G to 1 dollars, and
Suppose that every one of these dol-
lars was piled in one heap right on the
next block, and
Suppose every single one of them
was worth 100 cents here and every-
where.
What good would they do us unless
we bad something we could trade by
which we could get one?
Well, we have something to trade;
everybody has.
Some have labor, so much for a dol-
lar.
Some have lumber, so much for a
dollar.
Some have sugar or potatoes or hams
or coal or something else, all so much
for a dollar.
We have advertising and subscrip-
tions, so much for a dollar.
When we want one of those silver
dollars, we cannot go and take It. They
don't belong to us. They belong to
the men who took the silver to the
mint to be coined.
If we took one, It would be stealing.
If we asked for one for nothing, It
would be begging.
If the owners gnve us one for noth-
ing. It would be a gift.
If we borrowed one, i( would cost us
ln(eres(, nnd so
Most of us, (o get one, must trade
labor, lumber, sugar, coal, advertis-
ing or something to get it.
This is absolutely and honeatly so,
Isn't ll?
Well, being so, why do wo take any
chances ou the dollar?
Wo can get gold now.
It Is worth 100 cents on a dollui
everywhere.
So wo have supposed the sliver to
lie, but
Suppose It Isn't,
What then
What Is the use of taking a chance
unless we can do better? A silver dol-
lar won't be worth mors than 100
cent*, will It?
We an- gelling that now.
Let sell enough alone.
Borne say duty compel* a democrui
to back up und vote for a democrat.
Von have III > hi s word that ho Is n<
democrat. Let him deny lhat b* salii
11.
Home say It Is pretty bad now. We
might ns well tukc a chuiice, It can't
be worse,
What kind of tomfoolery la thliT
Are things had III a business way?
l et lis tell you something to try.
Vote down this crowd of repudlators
Tell the world In trumpet tone* in
November that we want the be*'
etoney, lhat we will take no other, in'
iui*lne*s will revive.
I#t the capital out that llryan anil
M« follower* have *car*4 under rover,
nd prosperity will come. I.umbei
trade Journal.
Iten't tie ti ntlsil
The man who ranaM *ee Ju*i how the
free coinage of silver I* going to in
i rease the humker of dollar* la hi*
pocket should net vote for II.
We cannot hy law II* the value o'
"itHer me'sl or roin or of any of ih<
articlm th*t enter Into the want* o
life. The great law *f demand «ni
i, .q i. lie. 1*111* ** |i doe* iron
corner or ride All have fallen It
market value hy m.*n* of aew dl*
..ver|r* atd |t"UtnV*'l method* of pro
,i,i ti,,., s « i«f pherman
WHO IU TO BLAME?
Ths Pre* Silver Wnir Rays that ths (osa*
Mosey Lamb I* IMaturtiln* llutlne**.
The wolf in the fable blamed the
lamb for stirring up tho bed of tb*
stream and making tho water muddy.
"But," said tho lamb, "the water runs
from you toward me. 1 could not have
disturbed your drinking." "Oh, well,"
the wolf rejoined, "If you did not, your
grandfather did." And he straightway
dined on young mutton.
The silverite wolves who nre howl-
ing calamity and threatening to over-
throw our sound financial system pre-
tend to find an excuse for their 16 to
1 schemes In the unsettled condition of
business. Because loans are being
called in and capital is timidly waiting
the result of the elections, the advo-
cates of free coinage say, In the words
of their presidential candidate, "You
are Interfering with business." All un-
favorable indications In trade and in-
dustry they loudly ascribe to tho gold
standard, and (he manufacturers who
are forced (o limit their output by rea-
son of the refusal of merchants to buy
while there is so much uncertainty
about priccB are accused of being gold-
bugs who are purposely making hard
times.
It should be easy for all intelligent
voters to see through the hypocrisy if
the Bilverite claims. Nothing can bo
more certain than that instead of being
due to the gold standard any financial
stringency which may now exist is al-
most entirely caused by the agitation
for a debased currency. With a largo
number of offlce seeking politicians go-
ing up and down the country shouting
for cheap dollars, and promising to cut
ths measure of values in two if they
gain control of (he government, how
can business be good? A tight money
market simply means (hat the owner*
of capital are unwilling to make loan*.
Does any reasonable man expect that
Ihe threat of enabling borrowers to pay
(heir debls In 50-cent dollars Is going
to encourage Investors to part with
their capital? On the contrary, is it
not self evident that the clamor for *
debt repudiation policy 1b the reel
source of business depression?
So long as there remains any doubt
as (o the future financial basis of out
great lndus(rial and mercantile opera-
tions so long will there be anxiety and
fear in tho commercial world. Distrust
will continue to breed failures; capital
will be scarce and interest high; debt*
will be hard to collect, and investori
will hesitate to engage in productive
industries. This condition of affair!
can only be remedied, in so far as out
money standard is concerned, oy an
emphatic declaration at the poll!
against free silver and all cheap money
fallacies.
Sound Ar|ument from Kinln«iit lllmat*
nllUM.
Gold Is recognized as the universal
standard of value. It Is the measure
that must be used. It is the measur*
by which your wealth must be tested.
* * * The wealth of the United
States 1* tested by the same rule. It
has been and always will be the touch-
stone of measurement, and when you
depart from that and try to figure up
any other measure which the world
does not recognize you get Into confu«
sion.—Senator William M. Stewart.
atrss** H*d fellow*.
A
The thought of deeping with *uch
lied tallows disgusts Uncle 8am,
Tariff* a*vlsg* Wsslil Shriek.
The savings banh deposit* of tb*
United Itlate* amount to 11,100,000,got
on * gold b**l>.
Under free coinage they would ihrinh
in actual value to about 1300,000,000.
Mora* *ott«rn«i'.
"I don't think I am really any cbeap>
er than I used to be," argued lha
hor*e. "I am worth Just a* much aa
I ever ***< The bicycle ha* appro*
elat*4. That'* all."—Chicago Trlbua*.
Kven If It were true thai free roln*g*
it I* to I would ralae the price of lit-
er, how would that licu*flt the great
iiitjorliy of the American people? Nat
<ns person In a thousand own* a silver
nine or hai silver bullion for which b*
mm* a higher price. Hut everybody
nam to buy allver In the form *f maa*
ifaciared article* ef uie or oraameat,
ittd therefore v * t* It in he aa cheap
ii posathie. A n beiae fur making glaaa-
*r* or hardwire 4ear°r wiml4 **t *•
elve meek favor from Ihe roa*ai*r*
tf thoa* good*. I* It at all Ithely that
>he c***itmer* at allver maaufaetarea
ar aeaioui to pay more far ihwa*
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Perry & Welch. Perry Enterprise-Times. (Perry, Okla.), Vol. 4, No. 135, Ed. 1 Friday, October 9, 1896, newspaper, October 9, 1896; Perry, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc111878/m1/1/: accessed April 24, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.