The Iron Puddler [50]
the problem with a thirst for accurate knowledge, and my passion was not for bloodshed but for brotherhood.
CHAPTER XXXVII
FREE AND UNLIMITED COINAGE
It was during the panic in 1894 that the strike vote was defeated. We worked on until the first of July, 1896, when our agreement expired. By that time the tin mill was on its feet. The town of Elwood had grown from a country cross-roads to a city of the first class. As president of the union, I had steadily gained concessions for the workers. We were getting paid every two weeks. It is not practical to pay oftener in the tin trade. A man's work has to be measured and weighed, and the plate he rolls on Saturday can not be cut and measured in time for him to get his pay for it that week. For the pay envelope is handed to him Saturday noon, and his Saturday's rolling will not go through the cutter until Monday. He can not be paid for it until it is in shape to be measured. So we were satisfied to be paid twice a month.
But the mill was now making big profits and we demanded a raise in pay. The mill owners countered by refusing to "recognize" the union. They would deal with the men only as individuals. A strike was called, and the union won. We recovered our raise in pay and signed a new contract. The strike was off in September after two long months of idleness, and within a few days after the dust had settled we smelt the fireworks of political oratory. I am telling it now as it appeared to me then, and of course I beg the indulgence of those concerned.
Bryan, the bearcat of the Nebraska ranches, had roared with his ears back, and the land was in a tumult. "Coin's Financial School" had already taught the people that the "gold-bugs" owned the country and that the people could save themselves from eternal serfdom only by changing the color of their money. Bryan told the westerners that the East was the "enemy's country" and that the gold standard was a game by which the East was robbing the West, and the only way the people of the West could save themselves was to move East and clip bonds or else change the color of the money!
This is the way it looked to me as a working man, and I hope my good friend Bryan will pardon me for writing of his "great paramount issue" in a joking way. For after all it was a joke, a harmless joke--because we didn't adopt it. I got excited by the threatened "remedy" and went into politics. While the tin trade was on strike, crazy propagandists from everywhere poured into Elwood and began teaching the men bi-metalism, communism, bolshevism and anarchy. A communist propagandist is like a disease germ; he doesn't belong in healthy bodies. If he gets in he can't increase and is soon thrown out again. But let a strike weaken the body of workers, and the germs swarm in and start their scarlet fever.
As soon as the strike was won, I threw myself into the task of combatting the rising tide of class hatred led by Bryan, representing agrarians in a fight against bankers and industrialists. I was chairman of the mill workers' Sound Money Club. Bryan was running for president on a platform declaring that the laboring man should "not be crucified upon a cross of gold." No laboring man wanted to be. I was on the same side of the fence with Bryan when it came to the crucifixion question, but on the opposite side of the fence regarding the gold question. Of course I knew little about finance, and could not answer the Nebraskan. But had he advocated the free and unlimited coinage of pig-iron I could have talked him into a gasping hysteria. For, we mill fellows figured that this was exactly what Bryan's money theory amounted to. His farmer friends had borrowed gold money from the bankers, spent it in drought years plowing land that produced nothing, and then found themselves unable to pay it back. They wanted to call silver and paper cash and pay the debt with this new kind of money. He wanted a money system by which a farmer could borrow money to put in his crop, then having failed to raise a crop (I have mentioned the great drought years)
CHAPTER XXXVII
FREE AND UNLIMITED COINAGE
It was during the panic in 1894 that the strike vote was defeated. We worked on until the first of July, 1896, when our agreement expired. By that time the tin mill was on its feet. The town of Elwood had grown from a country cross-roads to a city of the first class. As president of the union, I had steadily gained concessions for the workers. We were getting paid every two weeks. It is not practical to pay oftener in the tin trade. A man's work has to be measured and weighed, and the plate he rolls on Saturday can not be cut and measured in time for him to get his pay for it that week. For the pay envelope is handed to him Saturday noon, and his Saturday's rolling will not go through the cutter until Monday. He can not be paid for it until it is in shape to be measured. So we were satisfied to be paid twice a month.
But the mill was now making big profits and we demanded a raise in pay. The mill owners countered by refusing to "recognize" the union. They would deal with the men only as individuals. A strike was called, and the union won. We recovered our raise in pay and signed a new contract. The strike was off in September after two long months of idleness, and within a few days after the dust had settled we smelt the fireworks of political oratory. I am telling it now as it appeared to me then, and of course I beg the indulgence of those concerned.
Bryan, the bearcat of the Nebraska ranches, had roared with his ears back, and the land was in a tumult. "Coin's Financial School" had already taught the people that the "gold-bugs" owned the country and that the people could save themselves from eternal serfdom only by changing the color of their money. Bryan told the westerners that the East was the "enemy's country" and that the gold standard was a game by which the East was robbing the West, and the only way the people of the West could save themselves was to move East and clip bonds or else change the color of the money!
This is the way it looked to me as a working man, and I hope my good friend Bryan will pardon me for writing of his "great paramount issue" in a joking way. For after all it was a joke, a harmless joke--because we didn't adopt it. I got excited by the threatened "remedy" and went into politics. While the tin trade was on strike, crazy propagandists from everywhere poured into Elwood and began teaching the men bi-metalism, communism, bolshevism and anarchy. A communist propagandist is like a disease germ; he doesn't belong in healthy bodies. If he gets in he can't increase and is soon thrown out again. But let a strike weaken the body of workers, and the germs swarm in and start their scarlet fever.
As soon as the strike was won, I threw myself into the task of combatting the rising tide of class hatred led by Bryan, representing agrarians in a fight against bankers and industrialists. I was chairman of the mill workers' Sound Money Club. Bryan was running for president on a platform declaring that the laboring man should "not be crucified upon a cross of gold." No laboring man wanted to be. I was on the same side of the fence with Bryan when it came to the crucifixion question, but on the opposite side of the fence regarding the gold question. Of course I knew little about finance, and could not answer the Nebraskan. But had he advocated the free and unlimited coinage of pig-iron I could have talked him into a gasping hysteria. For, we mill fellows figured that this was exactly what Bryan's money theory amounted to. His farmer friends had borrowed gold money from the bankers, spent it in drought years plowing land that produced nothing, and then found themselves unable to pay it back. They wanted to call silver and paper cash and pay the debt with this new kind of money. He wanted a money system by which a farmer could borrow money to put in his crop, then having failed to raise a crop (I have mentioned the great drought years)