Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1879-10-09

From the Iri,h World.

From the lrih World.
1t is well known that John Sherman is
an aspirant for the Presidency, and that
every one of his public acts is influenced
10y the consideration Of the bearings it
may have on his chances Of being the
next occupant of the White House.
His principal reliance Just now is on
Resumption. He hopes that by keeping
up a loud claiter about the benefits"
that the country has derived from return
to "Specie Payment" will help to realize
the ambition of his life.
The greater portion, therefore, Of his pO-
litical speeches is made up Of an enumer-
alton of the blessings that his financial
policy has brought upon the country. In
listening to Sherman one would think
that there is such an intimate connection
between good crops and Specie Payment
that the soil could not produce the one till
the advent of the other.
Not satisfied with proclaiming the
praises ofspecic payment on the stump,
Sherman in the statistics that the Treas
ury Department has supplied the Govern.
ment with tries to show that the nearer
we got to resumption the more prosperous
we become.
In these statistics he tells us:-
"The production Of wheat and corn, the
two leading cereal productions of the
country, indicates large increase last
year over the production Of 1873. The
production of corn in 1873 was $4,000, 900
bushels; in 1878 about 1850, 100000 bush.
els. Production of wheat in 1873 was
2S4,0OO,OOO bushels; in 1878 it was i25,
000,0 900 bushels"
From this exhibit it is seen that the
corn crop of last yeal exceeded that of
1873 by 2S,000,0 900 bushels.
The object Sherman has in view in
paradng these figures is to prove that
under his financial policy the country has
steadily progressed towards prosperity,
and he expects that this establishing fact
will aid him in realizing his Presidential
aspirations.
Let us for a moment examine these fig
ures. They are intended, as we have al
ready stated, to prove that the country is
IN n prosperous condition. Sherman wish
es by his statements to convey the inn
preston that the increase in the quantity
of the crops has bOcn to the advantage OF
the farmers whosclabOr has produce the
increase.
A more glaring attempt at deception
has seldom been attempted. SO far are
the farmers from being benefited by the
increase Of the crops of 1878 over those Of
1873, that they are actually at Il positive
loss. This corn crop that Sherman is dis.
posed to brag about when sold realized
over one hundred million dollars less than
the short crop of 1873.
The financial policy of our Secretary oi
the Treasury has contracted the currency
till one dollarin 1878 was able to purchase
much more corn than it could in 1873, and
now the result of this putting" as Solor
Chase would express it, more corn into
the dollar" is that the farmers in 1875
received one hundred million dollars less
for their corn than they did in 1878
though in the former year they RAISED
42S, 100000 bushels more than they did il
the latter.
That is what contraction has done fol
the farmers as far us their corn is concern
ed With their wheat they have faret
no better. Last year they raised l4l 900,
900 more bushels of wheat than they die
FIVE years before, but when they came t,
sell it they received sixty dollars less to
it than they got for the crop of 1873.
Sherman, in his statistics, states tina
corn and wheat are the two leading cere
ais of the country, and it is probably 70
that reason that he gives such prOmi
ncnce to the fact Of their increased pro
duction.
| We leave it to tho farmers to considc
what advantage they derive from fnan
cial political policy that makes the'increas
in the production of the two leading ccrc
ais of the country result in loss to then
of $lG0, 100000.