ABSTRACT

The great fall in prices … fell with especial severity upon the agricultural classes and other producers of raw material … One class of persons in the United States has been unaffected by the fall in prices, that is the office holders … Grover Cleveland has been getting $50,000 annually, but in view of the appreciation of the gold dollars, paid him quarterly, now $100,000. With this appreciated dollar he can and has bought real estate at the present depreciated price; result, when elected president a poor man, now a millionaire.