The Portland daily press., 1888-09-05
Home and Foreign MARKERS

IL Is probable that Europe will require during
tne next twelve months, from 100000 to S0-
bility will undoubtedly send the Chicago price up
| TO dollar bushel within thirty days; and there
is no likelihood of its falling below that point for
year 10 come, unless there should be very sud-
den and improbable Improvement in crop pros
poets abroad Without any foreign demand we
an unavailable surplus Of SO, 10000 or sc. ooe
600 bushels and as the value of the surplus fixes
the price OF the crop, wheat could hardly fetch
more than seventy cents In Chicago. This differ
ence OF thirty cents bushel, on an average crop
Of 50,000, 900 bushels, makes gross difference
other words, the difference between foreclosed
dom from debt and comfort on the other For
mere is virtually blanket mortgage on farms all
the way from Ohio to the Rocky Mountains. Which
nothing under heaven but lively foreign market
And yet, such pseudo statesmen and real dema-
gogues as Blaine, Frye, Reed Co., would have
best market for him.-LE Eastern Argus.
And Mills, John Bull, Eastern Argus &
Co., would have the farmer believe that the
foreign market is the best market for him.
Now the facts are that this much praised
foreign market takes ON an average Just
about seven per cent of the agricultural
products of our farmers, while the other
ninety-three per cent is taken by the much
despised home market. Which market then
Is the most important to our farmers? Ger
tainly the market which takes more than
nine tenths of their products rather than the
market that takes less than one tenth; and
no sane man can see wherein Mr. Blaine,
Mr.. Frye and Mr.. Reed are violating the
rules of common sense and good statesman
ship in laboring to impress upon the people
of this State the obvious fact that the big
arlya ie of iran Al.
and insignificant one. 1t is not to be denied
that the foreign market is of Importance as a
place for the disposal of our surplus farm
products. The Argus showed that this year
what the foreign market will be likely to
take will cause large increase in the price
which the Western farmer gets for his
wheat. But it is to be observed that the
Western farmer gets this blessing under the
piratical tariff that has built up these bane-
full home markets that take only ninety
three per cent. OF his products; and 1t will
be very difficult for the Argus or any one
else to show that the farmer weuld be better
off If under free trade system the home
market should take only fifty per cent. of his
products leaving the other fifty per cent. to
the foreign market. In the home market
the farmer has no foreign competitor; but
how is it in the foreign marketP There he
must compete with the pauper farmer of
Russia and the miserable ryOt of India, who
raises wheat for the pitiable recompense of
eight or ten cents day. The best states
men have been right when they have favored
a policy Of encouragement to home markets
first. OF their number was that eminent
father Of Democracy, Andrew Jackson
ana we are sorry that the Argus should leave
IL tor us to applaud his wisdom,-who de-
clared in 1924
Where mas the American farmer a market for
MS surplus product? Except for cotton he has
neltner foreign nor home market Does not
tnls clearly prove, when there Is no market either
None n ~ that there is too much labor
for labor should be multiplicity Common 'I sense
pollts OUT une remedy Draw from agriculture
and manufactures, thereby creating Home ns
ket for your breadstuffs and dstrbutnS isbor W
the most profitable account and benefit to the he
country. w