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Mckinley Prices

Mckinley Prices image
Parent Issue
Day
31
Month
August
Year
1892
Copyright
Public Domain
OCR Text

The senate eommittee, appointed soon after the passage of the McKiney meaöure to tavedtisate its effect of prlcee and wwg&s, have recently eported wlth the following results: During .the 2S months trom ■Tune 1, 1889 tx .September 1. 1891 (the act n.dk effect Oct. (3, 18'JO), average retiail prioe af -'41 arfciclea of common ■onsuuiption aniong the people ileclinl 64 per eeht.; whioieéale prlces of be .-anif articlt' declined :!- per cent.; )rices of agritultural produets advanced 18. 67 per cent; and wages advanced .75 per cent. Tbis ba the result obtained and unanimously accepted by Senators Vldrich, Alllöon, Hiseock and Jones, tor the republicans, Senators Harris and Carlfale tor the demoerats. The tetaite of the inYestigation were eonducted by Carroll D. Wright, commissioner of the department of labor at Washington, D. C; Genwal Francia A. Walker, Professor Henry C. Adama, EdAvard Atkin.son, Trofessor Edraund J. James and Wllliam Grosvenor. Of these assistants the fürst is independent on the tariff quesifton, the next three are pronouneed iree traders, and the laet two are protectionfësts. All are men of unquestionable probity and of a -vvorld-wide reputation as ceonomists and statisticians. "VVith their -cal upon the latest condemnation of the McKinley prices and wages liar, he craeht not to show his head again

Article

Subjects
Old News
Ann Arbor Courier