The Denver chamber of commerce,
replying to the appeal for sound money
1 issued by the New York chamber of
commerce, says that resumption of free
j coinage of stiver is objectionable to per
; sons of fixed incomes.
This is true, but tn a sense broader
than its authors intended, Persons of
'fixed incomes are not merely million-
I aires or army or navy oftuvrs. All who
labor in this country, whether the pay
j be called salary or wages, are also per
sons of fixed incomes, and they decided
; ly object to having their incomes cut in
half for the bonelit of silver mnto own
ers.
The blacksmith who makes sls a
week, the carpenter at s;> pet day, the
salesman at $ 1,000 a year, the agricul
tural laborer at $1.50 a day, the teacher
at $lO per week, all are persons of tixoil
; incomes. They find their incomes none
too large for their necessities. Why
should they not object to a slump to
| silver, free and unlimited, for the ben
efit of those who own silver, but at a
loss of 50 per cent in their fixed in
comes';’
It is the labor of the country that
most determinedly demands the gold
basis; that demands stability in the cur
rency; that objects most positively to a
loss of half its fixed income.
Silver mine owners and agents must
reckon with this element, and it ts a
mighty element at the ballot box. Lot
platform writers note I his fact as well
as silver mine capitalists.—l'hicago
Times Herald.
' “IVr UutiltiC Uninnulruin.
