Organized labor all over the country is ...

Organized labor all over the country is supporting the silver ticket. Those best posted on county politics place the majority for the silver ticket in Waahtenaw county at 2,000. Geo. J. Mann will come up out of Lodi and Freedoin with a solid endorse ment and he will oarry the silver ticket with him. George is a Mann that wins. If the people who uow advocate the free coinage of silver are demagogues, then Lincoln, Blaine and Garfield were demagogues for they stood upon the same platform. The real demagogues are the fellows who are abroad in the land tbrowing dnst in the eyes of tbe people wbile the chains of the corporations and trusts are rivited upon them. Dou't fail to read Unole Cyrus Lnce's letter on silver in another colnnin. Uuole Cyrus stands close to the heart of the Michigan farmer and his opinión of the financial situation is worth careful oonsideration. The idea seems to prevail in gold bng circles that a silk hat, kid gloves a gold headed cañe and a bank account are necessary adjuncts of patriotisia and yet the like of these never made or saved a country. The plain, oom mon people are the bone aad sinew of the land and tbe arbiters of its fate. Reuiernber that no country can be said to have a single ïneasnre of valufi only - to be on a single standard - whose mints are open to the uurestrict ed coinage of both metáis, even though tbat country has but one metal in cir cnlation, for when either metal begin to appreoiate the other is there to tak its place. Mr. Farmer, have your taxes, yon cnrreut expenses, the oost of educatin yoar children, etc, deolined -with th price of jour produce? Thinkthis ove and you will come to the conclusio that a policy that will advance th prioe of your produce without advanc ing salaries and other fixed charge ,will be a benefit to yon. They say there has been an over-pro dnotion of wealth. Did an over-pro duction of wealth ever inake a peop! poor? Is it because the great mass o the people have too rnnch wealth tha times are hard, or is it becanse th ■wealth that has been produced has no been equally distributed? A f all iu prices due to ioiproveS and laapened methods fff productiorf is a lessing to mankind. It beuefita all to ie detriment of uorie. Bnt a fall iu rices due to au appreciatiou of the andard by whicli values are measnred nd debts are paid is of advautage soley to tbose who deal iu money and redits. Under its blighting influence be debtor must suffer, trade becomes ramped and industry falters. Tbe Tinies accuses the Argus of béng on the side of the plaiu oommon eople in this political controversy. The Argus accepts tbe oriticism as a merited one. It pleads gnilty to tbe ndictinent. During the course of its ïxty odd years of usefulness it has ver espoused tbe cause of the plain ommon people. And if there ever was a time wben the plain oommon eople needed defenders against the agressions of the monopolies, trusts and orporations, which are united under ie Standard of the gold trust it is now. he contest for political supremacy in lis country today is not between the ld political parties, but between the verweening avarice of wealth and cororate power on the one hand and tbe eople on the other. Under suoh cirumstances the Argus oould not be lsewhere than on the side of the peole and be true to itself and true to the raditions of its past. Those who believe the tales of proserity in the year of "92" tbat the reublican orators aie spreading, should ust off their memories a little. Four ears is not a great while to remernber he strikes which convulsed the indusrial centers of this oountry that year nd the deficit in revenue under the McKinley bilí, a discussion of whioh filled the press for months. The people usually do not turn a party out of power that has bronght prosperity to he country. If the memory of the Argus is in good working order, the people did turn the republican party out in 1892 and they turned them out because they vere dissatisfied with the kind of prosperity they were furnishing them with. That we have not had prosperity since is dne not to tarifï or lack of tariff, but becanse the democratie adininistration eleoted in 1892 continued the ruinons financial policy of the reDublican party. The scare was raised in 1893, not over a redjaction of the tariif, but over thé Sherman silver law which provided for the expansión of the ourrency about $3,000,000 per month. The banks secnred the repeal of tbat iaw and the effect has been to intensify the hard times. Have you heard anything about Bryan being a boy lately. He's the iiud of a boy that the people of this country have been looking for formany years. He's the kind of a boy that the moaopolies, the trusts and the corporationn cannot bandle. The repiespntatives of those corporations realized this wheu this "boy" of ours stood upon that platform in Chicago and flung de flanee in their very teeth and that's why they bolted thafc conveutiou and went over to McKinley. A careful review of the bolting demoorats of the Chicago convention fails to reveal one wbo is not in some way connected with a trust, a corporation or a mortgage syndicatR. Whom will you follow, the man who speaks for the people, the man who if elected to the presidency will use every endeavor to compel those corporate powers to obey the laws just as every private citizen is obliged to obey them - or will you follow off the Eellows whose success means the strangulation of every principie of free government, the destruction of those institutions so dear to every patriotic American heart and the ereotion upon their ruins of a commercial aristocracy whose power will be fastened upon the country with a chain of gold? Andrew Jackson Sawyer is going about the country prophesyiüg a deluge of silver in case Mr. Bryan is elecfced. Now, Mr. Sawyer, we have already on file in this office, applications for 100 times the share that would fall to Washtenaw county, should every ounce of silver in the world be nninediately duraped into the United States. Washtenaw county is ready to receive all of that silver tbat can be induced to come this way, and were that metal subject to the attraction of the magnetic force, the erection of lightning rods would be as spontaneous as the bristling of the quills of the porcupine, and if our friend Sawyer would confer a real benefit upon the constituenoy which Farmer Noidman is going to represent in the next legislatnre, he will take his stook of lugubrious warnings over into soine other county and scare them into giving up their share of the "dump" to Washtenaw. But, above all things, don 't let the people getto "figgering" on the damping tion for if rhey should accidentally divide the 4,000 millions of silver iu existeuce by the 70 millions of people iu the United States they will find that it would only give them about SÖ7 per capita, or less than we had iu the prosperons times jnst after tbe civil war, and they might not care to part witb their sbare. THE RATE OF INTEREST. Painful as the task may be it becomes I necessary for the Argus to teaoh the Register another lesson i o political economy. The Register has not yet learned that the rate of interest is not the criterion by which to judge the relativo 'cheapness" or "dearness" of money. The rate of interest is always fixed by he productivity of capital. The productivity of capital is always low when prices are declining. It is always high when prioes are rising. If one can borow $1,000 and so invest ifc in business hat it will return $1,500 at the end of a year the rate of interest will be high or not only oan the borrower afford to pay a high rate but the lender oan secare the same returns by himself engaging in business. On the other hand business conducted upon a falling marlet can never be prosperous and the borrower under such conditions cannot afford to pay a high rate of' interest. Therefore, instead of proving the proposition that it intended by citing the ow rate of interest, viz : that the purchasing power of money has not appreciated, the Register proves just the contrary proposition - that money has appreciated and the low rate of interest is the most conclusivo proof of that faot. Tn addition to the fact that the demand for loans upon good secunty, during a period of deoliniug prices, is limited there is another potent reason for low interest rates and that is tbis, - the appreciation of the money itself comperssates in a measure fbr the low interest ohanges. Por tbe last 20 years this appreciation has added 5 per cent annually to the earnings of money and has stolen tbat much froni productivo industry. The fall of prices as expressed in money has been suoh in the last five years that the man who locked mouey up in his safe five years ago can now take it out and find that it.has increased 35 per cent in value, 7 per cent eaoh year, without running any of the risks of investment or even loaning it out on gilt edge seourity. In all candor we would ask the Register if it considers a financial systern that permits such a wrong to be an honest one.