| Show marshall field and nd the money I 1 editor national bimetallist youri your criticism of marshall ma ball field in your issue of feb 5 Is no doubt entirely correct unfortunately the same words worda will apply with equal force to nineteen of the business men of our ou r towns and cities mr mn feilds declaration i that the rem onet izat lon of sliver silver would double the cost of the mans living hying while it shows his agnor I 1 ance on the subject contains a fallacy I 1 that Is a stock assertion of the gold standard men it Is claimed that the low prices resulting from are arb a benefit to poor men and that high prices would be an injury to them now labor forms an element in the cost of vill all production at ratios varying from 30 to 80 per cent of the value of the product probably a mere approximation of th the proportion of labor in production would b be about 50 per cent Is it tr for a moment to be supposed that a de depreciation p re clation of 50 pe per r cent in the th value of all products product a could occur with out almost fatally injuring labor 1 or Is it to be supposed that an increase in the value of all products into the cost J of which labor so largely enters could take place without largely benefiting labar this ls is the proposition propos 1 ddn that marshall field makes viz that thai an increase r in ill th the e value of at products of which w labor is a prini prime d element ot of cost would double the poor mans manig living of when viewed in this general way the absurdity ty of bf it becomes become ea glaringly I 1 apparent 1 marshall field may mar not know it but afis it isa Is a fact all the same sae sa e that at labor as a whole was never before so prostrate and depressed is as itis it Is today marshall rl fields eldi prosperity as ab a in merchant er cb ant depends defendi uroil upon the ability of the people a to 0 buy his goods di the ability abill tit i of the i people to filly buy his bis goods depends i upon I 1 I 1 reward of their production T the he e re reward of their production products on depends price of tai the products the 1 of products P ro du depends upon on the therol vol I ume dine of 6 f money oney comp etli produced proda jve il th je wish i 5 ma arshall F ead and denof would ih think ink this iw matter aoa ter cilc oufa yours truly J BURROWS 7 I 1 |
