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in 1903 to 60.1 yards; in 1896 to 19 bushels of stove coal (anthracite), in 1903 to 26.7 bushels; in 1896 to 24.8 gallons of refined petroleum, in 1903 to 33.8 gallons; in 1896 to 95 pounds of 8-penny cut nails, in 1903 to 210 pounds; in 1896 to 88 pounds of 8-penny wire nails, in 1903 to 222 pounds. It must be borne in mind that these values are based on the average yearly prices of these articles.

The comparative values of wheat, oats, cattle, hogs, and dairy butter presented in the tables which follow show wonderful increases and the exchange values of wheat, oats, corn, cattle, and hogs during the present year are much greater than during 1903. The tables are as follows:

Value of 10 bushels of corn in 1896 and 1903 when measured by the wholesale prices of the following staple articles.

[Compiled from Bulletin No. 51, United States' Bureau of Labor.]

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Tickings, Amoskeag, A. C. A.

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25.3

41.7

Women's dress goods, cashmere, cotton-warp, 22-inch, Hamilton,

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Value of 10 bushels of oats in 1896 and 1903 when measured by the wholesale prices of the following staple articles.

[Compiled from Bulletin No. 51, United States Bureau of Labor.]

pounds..

95

210

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88

222

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49.9

74.9

barrels..

1.3

2.3

..square feet..

7.6

17.5

172

313

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Women's dress goods, cashmere, cotton warp, 22-inch, Hamilton, yards..

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Value of 10 bushels of wheat in 1896 and 1903 when measured by the wholesale prices of the following staple articles.

[Compiled from Bulletin No. 51, United States Bureau of Labor.]

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Shirtings, bleached, 4-4, Fruit of the Loom.

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Suitings, indigo blue, all wool, 14 oz, Middlesex...do..
Tickings, Amoskeag, A. C. A.

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Women's dress goods, cashmere, cotton-warp, 22-inch,
Hamilton..

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.yards..

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Nails, wire, 8-penny, fence and common.

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Carbonate of lead (white lead), American, in oil..do...

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Cement, Portland, American.

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Plate glass, area, 3 to 5 square feet.
Glassware, tumblers, 3-pint common.

a 2 pairs and $1.61 over.

c 7 pairs and 56 cents' over.

b 3 pairs and 85 cents over. d 8 pairs and 80 cents over.

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Value of cattle (good to extra steers) per 100 pounds in 1896 and 1903 when measured by the wholesale prices of the following staple articles.

[Compiled from Bulletin No. 51, United States Bureau of Labor.]

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Suitings, indigo blue, all wool, 14 oz. Middlesex. ..do..

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Women's dress goods, cashmere, cotton-warp, 22-inch,
Hamilton....

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Carbonate of lead (white lead), American, in oil..do...

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Above all things we should avoid the demagague as a pestilence, and take counsel only of reason and right.-Hon. C. W. Fairbanks, at St. Paul, Minn., August 31, 1903.

For years the commerce of the world has demanded an isthmian canal, and recent events give us the assurance that this vast undertaking will be accomplished at an early day under the protection of the American flag.—Hon. C. W. Fairbanks, at St. Paul, Minn., August 31, 1903.

Value of hogs (heavy) per 100 pounds in 1896 and 1903 when measured by the wholesale prices of the following staple articles. [Compiled from Bulletin No. 51, United States Bureau of Labor.]

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Value of 20 pounds of butter (New York State dairy) in 1896 and 1903 when measured by the wholesale prices of the following staple articles.

[Compiled from Bulletin No. 51, United States Bureau of Labor.]

bushels.. 24.8

35.2

gallons..

32.3

44.4

.pounds..

124

276

....do..

115

292

.do

64.9

98.5

barrels..

1.7

3.0

square feet...

9.9

23.1

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Women's dress goods, cashmere, cotton-warp, 22-inch, Hamilton...

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When the comparative value of silver is shown, the decrease is remarkable. The value in 1903 is less than in 1896, when measured by 22 of the 25 articles. In 1896 the value of 10 ounces of silver was equal to 150.5 pounds of granulated sugar, in 1903 it was equal to but 116.8 pounds; in 1896 equal to 144.5 yards of ginghams, in 1903 to 98.6 yards; in 1896 equal to 109.6 yards of Indian Head sheetings, in 1903 to 79.6 yards; in 1896 equal to 50.3 bushels of stove coal. (anthracite), in 1903 to but 31.5 bushels.

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The table follows:

Value of 10 ounces of silver (fine bar) in 1896 and 1903 when measured by the wholesale prices of the following articles. [Compiled from Bulletin No. 51, United States Bureau of Labor.]

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Women's dress goods, cashmere, cotton-warp, 22-inch,
Hamilton

.yards..

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Nails, cut, 8-penny, fence and common..
Nails, wire, 8-penny, fence and common.

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Carbonate of lead (white lead), American, in oil.. do...
Cement, Portland, American.

Plate glass, area, 3 to 5 square feet........square feet..
Glassware, tumblers, -pint, common.

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.barrels..

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a 2 pairs and $2.02 over.
c 8 pairs and 2 cents.

b 2 pairs and 72 cents over. d 6 pairs and 10 cents over.

PROTECTED LABOR IN AMERICA VS. FREE-TRADE LABOR IN GREAT BRITAIN. OFFICIAL FIGURES U. S. GOVERNMENT REPORTS.

A comparison of wage conditions in the United States with those of our free-trade neighbor, Great Britain, is interesting. It is said that in no country is labor better organized than in Great Britain. Organized labor has therefore exerted at least as great an influence for higher wages there as it has in this country. Industrial conditions, under free trade, have, however, made it impossible for employers of labor to pay anything like the wages received by American workingmen.

At the same time that the preceding figures relating to wages were being collected in this country, a special agent of the United States Bureau of Labor visited Great Britain for the purpose of obtaining wage statistics from the pay rolls of British industrial establishments doing business continuously during the period from 1890 to 1903, so that statistics might be obtained for that country that are entirely comparable with those gathered in the United States.

The following table, which was also compiled from the July, 1904, bulletin of the federal bureau of labor, shows the general results of this investigation abroad as compared with the figures obtained for this country:

We are a people of peace and desirous of winning its ample trophies.-Hon. C. W. Fairbanks, at Baldwin, Kas., June 7, 1901.

In the United States law is liberty and liberty is law.-Hon. C. W. Fairbanks, at St. Paul, Minn., August 31, 1903.

We seek physical power because it may advance our moral and intellectual well-being.-Hon. C. W. Fairbanks, at Lancaster, Mass., June 30, 1903.

It is as much our imperative duty to protect capital and labor in the free and proper exercise of their functions as it is to restrain and forbid the encroachments of wrong.-Hon. C. W. Fairbanks. at St. Paul, Minn., August 31, 1903.

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During

in Great Britain $0.152 to 0.17 per hour; house painters, in the per hour; machinists, in the United States, $0.23% to 0.27, and United States, $0.14 to 0.17, and in Great Britain $0.092 to 0.10% Great Britain $0.17 to 0.18 per hour; general laborers, in the hour; ironmolders, in the United States, $0.242 to 0.302, and in States, $0.222 to 0.282, and in Great Britain $0.12 to 0.13 per Great Britain $0.152 to 0.18 per hour; hodcarriers, in the United hour; compositors, in the United States, $0.38 to 0.442, and in States, $0.27 to 0.36, and in Great Britain $0.17 to 0.201⁄2 per Britain $0.172 to 0.202 per hour; carpenters, in the United bricklayers, in the United States, $0.43 to 0.542, and in Great $0.26 to 0.282, and in Great Britain $0.16 to 0.171⁄2 per hour; $0.162 to 0.172 per hour; boiler makers, in the United States, smiths, in the United States, $0.26 to 0.292, and in Great Britain for each year, as shown in the table, range as follows: Blackthe 14 year period from 1890 to 1903 the average wage returns conditions in the United States and in Great Britain. These statistics show a remarkable difference between wage

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