People's Pilot, Volume 6, Number 16, Rensselaer, Jasper County, 8 October 1896 — Labor Must Beg For Work. [ARTICLE]
Labor Must Beg For Work.
Gold-standard advocates admit that free coinage will raise the price of commodities. The labor er then becomes a free man. He no longer stands in fear of losing his job. Labor then becomes free to demand its price, because there is a permanent and increasing demand for it. The permanent adoption of the gold standard will sink prices lower, and there will be less demand for labor. The republican party proposes to sink the prices lower, then try to raise the price of some articles by high protection. This would allow these articles to be furnished the people of this country at a very high price, pro vided there was enough demand for them. But who is to buy this stuff? The masses of the people will have little money to buy with. Only a portion of the labor of the country can be employed, and the balance must go idle. How is the laborer to demand and receive good wages when not half of the labor of the coun try can find anything to do? The laborer will be forced to beg for employment at any price.
