The Campaign Text book of the Democratic Party of the United States 1904
The Campaign Text book of the Democratic Party of the United States 1904
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This is actually what occurred from 1897 to 1903. The reverse occurred from 1890 to 1897, as is clearly shown in the fol- lowing chart. In this chart the dotted line "Bailroad Money Wages" shows the course of the wages of all railroad employees; the light line "Wholesale Prices" indicates the changes in prices, according to Dun's index numbers. From 1890 to 1897 the dates selected are January 1; since and including 1897 two dates each year are selected — January 1 and July 1. The heavy line "Pu...r- chasing Power Wages" shows the course of actual wages, that is of wages with relation to the goods the laborer's money was able to procure at the prices which were charged in the years mentioned : *3> The Tariff and Trusts. CHART SHOWING PURCHASING POWER OF WAGES. /895 /895 /897 /898 /899 /900 /ffO/ /9Q2 /903 /9# /¥5 /W> /35 /30 /25 /20 //5 //O /05 /OO 95 90 B5 SO 75 70 /¥5 135 /30 X. f •> \ V / v / , /26 /20 //6 /to /05 fOO 95 90 66 00 75 70 °/ V V Pi w * ^ a/ -J ft k i >1 i 7 ffr ^ 4%' * vy^ /tpo?
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