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Where Are The Benefits?

Where Are The Benefits? image
Parent Issue
Day
5
Month
November
Year
1896
Copyright
Public Domain
OCR Text

If 50 cent silver dollars should doublé the prices of farm products, It io quite as certain that the prices of all the products which the farmer consumes would doublé In the same way. In that case it is not easy to see how the farmer would gain anything by the free coinage of silver. Even the wages of labor, the last to rise in an epoch of depreciated currency and iu.flated prices, would flnally, after mach dlstress of the worklngrnen, 6traggle up to the common lerel. But whether the farmer should receive $100 for 100 bushels of wheat and pay out $90 for the necessries of living or should recölve $200 for the pame wheat and pay out $180, in both cases the balance on hand would have just the same purchasing power. But in accompllshing the degmdation of the monetary standard, whioí could do i lieither the farmer nor the wage earncr In aeceomplislilng the gnAaAton oï values and cönjiSöatiöinof áccumuTated eaftíirgs, ïWolvIng public and íWato credit in a maelstrom of destructlon, woufd inovitably ensue. Are the farmers 8nd workingmen of the country willjftg to Invoke sucb. a catastrophe? - PJHJfcdelhpia Record. Etna thougrh the farmers may ba rifhjl in thinking that they are not aa proajefoua as they ought to be, it by no mea(u follows that free coinage will impröve their condition. Because a man tas rheumatism is no reason why he fhould take the advice of a quack doctor who prescribes, a big dose of Ipecas.

Article

Subjects
Old News
Ann Arbor Register