Democratic Sentinel, Volume 16, Number 28, Rensselaer, Jasper County, 29 July 1892 — "rising Wages and Falling Prices.” [ARTICLE]

"rising Wages and Falling Prices.”

The American Economist, the leading high tariff organ, of April 15, 1892, gives the following lucid explanation of how manufacturers can exist in the face of 'rising wages and falling prices:” 'The condition which exists all around

n« —that of rising wages and falling prices—Is not an anomalous one, but is the natural and logioal result of the home competition started Into being by the protective tariff, whloh guards alike the Interests of the manufacturer, laborer and consumer—of the first, by Increasing his total earnings; of the second, by raising the wages received for his work; and of the last, by reducing the prices of the articles he buys. ” Such logical deductions as this ought to please the most fastidious manufacturer. It should be repeated In unison by Carnegie’s 4,000 iron workers while they stand idle out of reach of the hot water hose that now holds the fort.