| Show GOLD INCREASE 1 AND HIGH PRICES I Prest Prest W V C Brown of the New NewYork NewYork NewYork York Central Railroad Explains Relation Between Them SOUNDS A PESSIMISTIC NOTE ii Ii I u to tl ii Know IC nl mum What Vi I U I Xi I ion VIII 1 I ln In I o oi 11 i It I I t III u i Si fl Supply St MI Paul Mint Minn June JUlO on the bight r t of a lIving nt W Vi C of 01 thu Neit NU York Central lines Ine quoted la 10 t i show chow tho th Inore In Itu II th Ih the high hl h pout cost of nit Ir nil all ni products of the tho farm Irl factory end mines and Wen then said Ild In pert part ts agree that ns as n the basic gold Kold In quantity tile tho price lube IU of everything measured by ly h and mint paid pall for or with 11 that Ihal metal let 1 It is I invariably In i IU For Kor thin reason the Ih PRY In of ot labor has hAi Ir 0 and must continue to advance In some fair ratio with the In lit the cost ci of thins thIngs that Ihal labor must buy hu bu To put It another way lIlly 11 wages must go ro 0 up in II about the name proportion that lint the IhA purchasing power of or money mon of or the thi th laborer goes os down After el discussing the tite Ill Increase In food ro production th Ih Ii said this great reat In Iii II the Ih Ii production of 01 gold has hl i onor eor fully tuly tho th values of 01 every everything pcr thing I hi tug In II I n men mn nie nu deal den I and a to will wi al II con continue contal tal taut to 10 them to so 0 long 1011 as cc IR production tion lon continues to or Ir continues at II Its II present volume The flue In lii II cost me mj i fur far as its a It I I Is in I produced by h the th tie Increased volume of or orold gold Kold old In I not a ci I feature that need ner entice cause or alarm r ave aso wages trages railroad rules rates and ald 1111 Incomes from long time continuously and almost co en I to t the hanging changing conditions resultant upon this of gold Kuld Jold Jolda Waso a ate are ar adjusted from time to time tle anil I to s they Ih mature will willbe wIllbe 1 be I refunded upon a 1 higher basis bol bl The rates rate charged by b the III railroads must mut also RIMO under the hue supervision of proper fr governmental authority be adjusted l from time line to 10 time tim 11 to 10 meet met these theeo con ln dilon The Increase In values In is I felt tell In Iner every er of business nativity activity 1111 of It the nation flatten 18 lon anil no rio 10 business c call al n be he h debarred from sharing Iball In lOll thie Increased d Iton without dOIng rf ret t In antI and 11 permanent ROI IA 1 Ml ht alarm ala til mug II rapIdity with wih which the Ih consumption con ump tion of or the products of the IhA nations faring arns Is overtaking production and amid continued When hn the Iho lie day da conIes comes that this hula na nation nl tion falls tais to produce sufficient loot food fool lo to 11 supply our own people when we w no longer send the products of our farms arma n broad bral back the tho guild gold 1110 from foreign or nations what will 1 be bc b the post evict Iel it f IK hie In this hits tl country IU I I r and where v I Ill III 11 the Ih money mane come from frol to In meet mett the theco Ihl theT co ool t T IV an such as al this Ihl It I I l to 10 say cay sa that population or br consumption cannot be e slowed ow 11 down 01 On this the Ih contrary It will wi be 1 Increased We V are Rrt great balliA I no Ili 0 of them lieu each cacti year Costing equip equipped Ilp ped ed mend complete l shout about and ald It I cotta cost os nearly nC J 1 per ver annum to man and ana maintain them themI I 1 nm cm In furor favor of 01 an arm ni adequate l eull navy lav but hut I 1 wish th tl the money expended x rd In buIlding just one 01 battleship could be devoted td to this Improved Intelligent work of agriculture What hat one line battleship costs cool would establish two 10 splendid agricultural ex cx or demonstration farms Ih 11 In pery 1 ery IRI In the Ihl find I will wi If this Is In done dono dOlo anti and the tho lie work vou k Intelligently and ml energetIcally carried d don on that at as le a result ru of ot It I the le value of the tl Increased product of or the nations nalon terms farms will wI within 10 years Mrs buy bu and arid pay for every CI over battleship of every navy na that Ihal J floats on In salt Roll water today loda Unless we Ie can Increase Inera the tho product p r cre of or tho farms of nt this thi country countr thus the most serious danger which we vo have to fear tal is I from rol within and not front from rol without n danger against which bat bal battleships would be b of little use us |
