davidaulloa/AmericanStories huggingface dataset:
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04

per cent. increase in year; but with u
sum locked up in the Treas ury during til,
last twelve months in add ition to that hslf
there year ago, the increase of money il
circulation in trade channels would hav.
/ cen Slo7 l6S. 9l2, or nearly 8 per cent
OF the 1896, 202. S3S of gold coin In the
United States the sum of sos, 636, 1854 was
held in the Treasury at the end of June. in
addition to $40, l16, 633 gold bullion. This
puts the Treasury stock of gold at $313. 49,
6l7, against S392, 565, $50 in banks and in the
hands OF the people.
OF $500, 324, $40 in standard silver dollars in
the United States, Juns 30, ult, $243, s79,-
4S7 was the sum in the Treasury. in addition
to "a, 1f2, 74l in the form of bullion.
The stock OF standard gold and silver coins
in active circulation was S449, OIL ,907, and
the stock in the Treasury was S547. 5l6, All, a
total of 1896, 52S. 37S. besides Treasury stock
of Sl14. 259, 364 worth of gold and silver bull
lion. This makes the stock of the precious
metals in money channels, coined and I'M
coined, 81, 100, 1877, 742
The stock Of gold and silver certificates
afioat was $500, 274, Z 5, which represent that
amount OF gold and silver held against them
in reserve by the Treasury
There were S30S, 697. SIP legal tender notes
afoat, and $50, 39S, 204 in the Treasury; but
against the latter there were $l4 Ais, 900
legal tender certificates in circulation. Also
against tho legal tender circulation thsre
was reserve Of 500, 0O0, 900 gold held by
the Treasury.
The money res o.es held by the Treasury
against Treasury currency in the form Of
certificates and greenbacks was $444 ,oS9, 900
gold.
The following statement shows the latsst
amounts of the various forms Of currency in
actiya circulation on .I,,lv 1894 1897.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04
ure, a sum IN addition of about 50 per

ture. sum IN addition of about 30 per
cent.
Bur il is said that no such statement
a this can be true. as the proSp .riIy Of
our farmers and the general agri ltural
interest has. under cur high tariff, been
prosperous beyond all parallel in this
country, or in any country i'll any age.
But even If this assertion were true it
would not di>proVc the deductions | have
drawn above. 1t would merely show
thar farming Is being pursued in this
country under circumstances and condi-
tIun- so Extraordinarily favorable that it
i more profitable than il has ever been
before or elsewhere, Notwithstanding the
enormous tariff taxes that have been
imposed upon it, But before assuming
any such remarkable and Unprecedented
prosperity OF the farming interest under
our high tariff, Let US examine the cvi-
dcncc We have "a to its truth.
The lowest tariff we have had S,nce
the war Of ST. Was between ls46 and
] sol, and the highest tariff We have
ever had has been since o6I. JThe low
tariff reriod covers the whole decade
hetwc sz ! $50 and 1860, and the high
tariff ~ver1 nearly the whole period
between 1860 and 1850. These two
periods are, therefore, the hest in our
whole history 10 discover, by an exam
ination and comparison of statistics,
whether TO any interest a high tariff is
blessing or a curse. Let us see what.
effect a high tariff has had on agri-
culture.
Agricultural wealth consists almost en-
tirely OF lands. including buildings, or
chards, etc, of agricultural implements
and machinery, and of live stock. Now,
1T US see how tie increase IF agricult-
ural wealth during the last two decades
compares with that between 1850 ard
| $50.
The following tables show the esti-
mated value of farms, agricultural i'm
PIGMENTS, and machinery in the hands
Of farmers. and the value of live stocl,
ut the tme of taking each census since,
and including that of 1850:
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04
THE FARMERS WEALTH.
How the Tariff Filches II From The m
And Transfers IL to the Mannfac-

The Hon. J. Q. Smith, farmer and
wool-grower. of Oakland. Ohio delivered
in 1885 very valuable and instructive
address on farmers and the tariff The
following extracts are mighty interest
ing reading for those who imagine farm
,es are growing rich under the protective
tariff:
l have demonstrated. think, that 10
those directly engaged in agricultural
pursuits the total increased price OF all
heir prod cts in consequence of the tariff
can not possibly exceed 81 ). 900. 600. The
total sum is probably far less. But if
the above figures are correct and my rea-
soning is sound--aS l am confident it is
the cost of the tariff to farmers alone.
in the purchase of American nlanufac-
tured goods aside from all duties paid
TO the government, can not be less than
$3.50, 100000 year That is the inside
figure; and deducting from that sum ev-
cry possible cent OF advantage they get
from protective duties-namely, Sl5,-
600, 600, IL viii leave as the net cost Of
the tariff to those who are directly en-
gagged in agricultural pursuits the sum
OF S345, 600. 600 IL year; and 10 al other
classes who are in reality and effect,
though not farmers, engaged in agricui-
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04

The manufacturing cost is thirty three
cents in America, against thirty. eight cents
In England, 3 cents less in America; but
the wool costs thirty eight cents more in
America. in part on account OF the wool
duties. In other words, if We had the wool
at the Same cost Of the English, we could
produce at Ga 81 cents what it costs in En-
gland $3.50 cents to produce. Our woods, of
course, sell dt as much higher rates over
foreign woods than the duty and charges
amount to. The cheaper the foreign woods
the greater the dlsproportion between our
price and the foreign wool price. The woods
used in England-cheap colonial clothing
wool-though very short, arc admirably
adapted TO that class Of goods. They give a
much handsomer face, and have q luster
and life which ours seldom show. Most
of them are even of smaller shriukacs than
ours of corresponding nature. Some of them,
however, as the woods used by the manufac-
ture c, are absolutely prohibited. There
the wool costs eleven cents in the grease, but
the manufacturer importing the wool has to
pay a fine at the custom house of ten cents,
not alone for the wool he uses. but ten cents
for each pound OF grease and dirt, which he
has to import along with the wool, and il
lost in the securing; consequently four
pounds of wool, as in exhibit c, are required
To produce one pound Of cloth 4xl0, or forty
cents on 1876 cents worth Of wool.
"a wool of this sort would cost the Aneri-
can manufacturer fully eleven and a halt
cents more per pound of greasy wool, 90 not
alone the duty but also the extra freight and
charges, brokerage commissions, etc, have
to be counted, so that the forty-four cents
in the four pounds required for pound of
cloth would cost him 90 cents, or lO5 per
cent. more than the English manufacturer
has to pay. Our custom house statistics only
show the rates paid on what is imported and
never on what was excluded by prohibitive
duties. The excluded materials are those
which make the success or failure of manu-
featuring. The excluded materials, on the
contrary, however, always find way into
the United States in the form Of manufac-
tured goods.
Whatever the cause, whatever the advan-
tages or disadvantages in regard to the ulti-
mate result IN the character. quality or ap-
pearance of the goods. one thing is certain,
that SO far as the cheapening of prlDs il con-
cerned our manufacturing system seems to
have the honors.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04
THE HOME MARKET.
An Extract From a Psmp hlet Nv
uraham McAdam Showing What
the Home Market Costs.

rom Pamphlet By
,n NC Adam Showing What
the Home Market Costs.
The Home-market, argument is the
man reliance of the Protectionist in
dealing with the relations of the pro-
tective tariff TO agriculture. Put into
It's strongest form, it runs about thus.
here, let US say, is a farmer, located
on BIT of land "a hundred miles away
from the nearest city. That city is his
market There are farmers ali about,
him; he can not sell to either his stanie
products, or the occasional surplus of
irnit OF garden stuff which unusnaIlv
sood seasons may bring upon Lis hands.
ne must carry everything 10 Ihc ,.lty.
me cost OF transportation is SO much
taken from his profits. And in the
ease OF his perishable garden products,
he VIII lind that when he has Sent,
them over a hundred mile road and
sold them IN competition with the
farmer who has but ten miles to 20.
nc VIII not get enough to paw for
carriage 1henceforth he will feed his
summer apples to the hogs, and let
MS hlaelIberrns dry up on the bushes.
iiefe steps In the Protectionist. There
Is III TINS region, say, stream capable
of abundant water power. ef ms
put up a wooden mill here" urges the
Protectlonlst; " let us agree tn nav
something more than we now nav for
WOODEN stuffs, and SO make it an OBJ
Jsct Tor some one to come here and
start mandatory. Hundreds of hands
VIII he employed; the railway will be
put through We Will build UP a town
right IN the midst of our farms, and
nave market at our very doors. Good
pHcts fpF everything, and ready sale
Tor the summer apples and blaciSberries.
the eggs, the chickens, the green corn
and Tic currants which the thrifty
wiic may have TO spare
IL Is done. The mill is built: the
railway Is laid: the town grows no.
And tue larn,i--v hat ot linn ? Strange
To sly, We presently lind lim pulling an
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04
AMERICAN Us. BRITISH DRESS
GOODS.
Relative Cost OF PrOductiOn-AC Com
parison Favorable TO American
Manufacturers The Duties On
Wool Serious iIindTance.

manufacturers - ne Dutics Ou
Wool Serious HindTance.
Consul Schoenhof has recently furnished
the State Department with an elaborate re-
port upon the cost of manufacturing all
wool dress goods IN Massachusetts and En-
gland. He says: :.
Few lines of manufacture are so compli-
Gated as woolens. We have ali-wool goods
and mixed goods: goods of cotton-warp and
all-wool-weft; cotton warp, shoddy and
wool-weft; goods OF shoddy and wool, with
out cotton; goods made almost entirely OF
what the poor people aptly call 'devil's
dust with just scratching Of wool to hold
the shoddy from flying away, but passing
under the pretentious name of woolens; all
wool goods, with cotton carded in the wool;
heavy weight and light weight goods; goods
with a labor-cost of three times the value of
the wool, and goods where less than one
third OF the value of the wool represents tho
labor cost. Besides all these variations,
we have worsteds, which, although classed
separately are composed OF the same raw ma
terial, but form q different class under which
manufactured wool appears in the market.
Comparisons on q broad line, under gen.
eral heading, as in our census under wool
ems or 'worsteds, are, therefore, impossi-
bic, unless we could be sure that foreign
census reports contained the Same itenized
columns and the classifications contained
quantitatively and qualitatively the same
goodl and in like proportions. The only
method. then, would be 10 select special
articles of wide and general use, manufac-
tured in different countries from the same
class Of raw material, and base an inquiry
thereon. THIS plan l have followed in this
inquiry. and have selected ~ the first Of a
number of articles of wool manufactures
all-wool dress goods on which to obtain the
comparative cos. of production.
Consul Schoenhof then selects the class of
goods known as s.ckings, as these offer in
stances of where thu working methods IN the
two countries are nearest alike. He presents
a lengthy statement IT par ticulars from an
American mill and TWO statements from
English mills, refeIringto differences in con-
ditions, etc. in the course of his remarks.
In recapitulating, he says, the net cost Of
manufacture in Massachusetts, and Leeds
would be as follows:
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04

consider TO he proper principle of
action, but if | had my way about il,
would put the manufacturers of Penn
sylNanla under the fire and fry all the,
fat out of them II the Mills Bill
comes to the Senate. there will be some
votes cast there that will open the
eyes of some of these people, who have,
while gathering their millions, treated
the Republican party as their humble
servant
These are strong words, and bitter,
but they are true, and it now remains
with you and your associates whether
they are to be reiterated after the cam
saign is over and protoc tion has, throug Oh
your apathy, been struck its death blow.
If you give us the means to win the
victory We will do it. Are you willing?
Yours very truly,
JAMES i. FOSTER, President.
Please return to Albert Daggett, 81
New street, Room ~, New York.
SUBSCRIPTIONS
For The
REPUBLICAN LEAGUE OF THE
UNITED STATES, HEADQUAR-
TIERS, % WEST 2STII
STREET, \. y.
James p. Foster, President New York; Phln-
cas- c. Lounsbury, Treasurer, President Mer-
York; Andrew B. Humphrey, Secretary, New
York: Simon Wolf Associate Treasurer, Washing
ton, ID. c.; Ernest Nathan, Solicitor, 90 Decatur
street, Brooklyn.
We hereb, subscribe the sums set opposite our
respective names;
Edward Fl, Hobbs. 643 Park Place Brooklyn. 500
Jesse Johnson, 20 Court street, brookiJn; Ivy
Chas H. Russell 2l9 South Ninth ST., Brooklyn 100
L. r. Kennedy. 20 Letfert Place, Brook yn.. 90
Howard NJ. Smith. 81 Hancock Sc, Broohyn-- %
Darwin X. James, 2o2 Thorp ave, Brooklyn I00
VIM. IL. Lyon, 40 y. Y. avenue, Brooklyn..-- 100
Vim Ray, 377 Grand avenue, Brooklyn. .
b. + Tracy, lio Montague St, Brooklyn...-. IOo
Il. d. Benedict, 1868 Adelphi ST.. Brooklyn 5v
L. B. Bartlett. :55 Gates ave, Brooklyn.-.-.. Iuu
T. L. Woodruff 10 Seventh ave, Brooklyn-... ~
Chauncey NJ. Depew G.. G. Depot, \. -. 1O
j. 4. Z. Stranahan, 269 Union ST., Brooklyn 100
w. II. Warning, 81 Liberty st.. n. -......-... lW
G. N Bliss, III Duane st, n. I.-........-....- bu0
Thos q plat New YORK Observation-Disclosures. 100
Nelson Gates $50 Green avenue, Brooklyn 80
Warner Miller, HerKimer, n. I..--.-.-.....-- 200
Joseph L. Knapp, Brooklyn -..-....... ..---. le0
l. Fassett Eirnira Observation-Disclosures. -. 100
w. j. Dady, Brook yn. ACKNOWLEDGEMENTS. lOO
VIM. NJ. Evarts New York. 10
A u. Baird, Brooklyn. Observation-Disclosures. 100
W. H. Beard, Brooklyn. %
r. A. Ager. Michigan. ..-..-..-.-.....-----. 5o0
T. b StOckUrdge, Michigan .-..-.--...---... l00
q; Clarke a. Wall street New York. ...... 100
John F. Pluinmer 352 Broadway, New York. 100
Ira davenport. Bath. n Y................ 100
w. S. Gurnee, Nassau street, New York. z00
NJ c. ID. Borden. liz Duane St., New York zoo
Joseph X. Carr, Troy, n. f...--- ......-.-. oo
Hugh n. Camp, 81 Liberty street, New York ~
j. Stickney, Broadway New York ....-- lUo
Earl Wilson, Troy, n. f....... ....-....-.. w
Charles Foster, Ohio. .....-........-.. 100
G. We herbee, Windsor Hotel, New York.. y
John Coon Troy, n. N.......-.----....... o0
c. J. Msrten, New York ............ ....-.... 70
G.. p. lde & Co., Troy, N. Y.......-..-. ..... NV
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04
Products

Why the tariff of ! Ss3 did not contain
. duty upon the importation of cotton
into this country l do not understand;
for most assured1y. sir. if the duties
provided for under the tariff of 1888
gave protection to the products of tho
Northern farmer. the same theory ought
TO have given it to the cotton planter
Of the South : at least 1T would be Just as
consistent. practically applied, when we
consider the expectations of the farm
products of the whole country.
Ii the products of our farms could
hive been sold at home for the ono
thrty-second part of one per cent. more
than the export price, not one pound
would have gone abroad: and every
pound consumed at home would have
been exported if it had commanded
abroad one-haH Of one per cent. in value
more than the home price: for the home
price Is governed by the price the sur
plus exported will command in the for
eign markets. One of the strong argu-
ments that the protectionist makes to the
farmer is the home market that protec-
ton is alleged to insure for his produce.
IL is fallacy and fraud, and intelli-
gent farmers will not be longer deceived
by it.
Let us suppose O case in my own State:
Let US take, say, the Edgar Thomas
Steel Works located at Braddock, on the
pennsylvania Railroad, ten miles east
from Pittsburgh. and AIS miles from
Chicago; employing large number of
men, Contiguous to these works lives
an industrious farmer with a hundred
acres Of land. His products consist of
wheat. corn. oats, hay, hogs, and cattle
Ills proximity to these extensive works,
where his surplus produce could be de-
hvered in an hour, and where thousands
of hungry mouths are ready to consume
II. surely gives him an advantageous
market. according to the protectionists
theory. But let us see; let US take one
"f the products of the farm as an ex-
ample OF the others. for they all como
under the same law of supply and de-
mand and price. The man in the iron
works can not eat wheat; it must first
ne reduced to flour: 81 the farmer takes
y load of thirty three and one third bush
els OF wheat. just ton, to the miller,
who is also On the railroad and near the
steel works.
Now. let US see what controls the mil
Ter In making a price to the farmer:
mrs. self-lnterest, TO purchase it as cheap
as no can: seVnd, to buy the farmers
wheat at price. which after being
ground into flour, will enable him TO sell
~ 10 the MIL men In competition with
uour SOFA Dy the gfoceryman at the corner
"n,cn mas been manufactured al ST. Paul
or Minneapolis. Mimi. leaving him The
niLefl margin of profit for grinding
and his labor. Surely the miller cannot
pay the farmer any more for his v-beet
oecarse II was raised on land adioinjng
the steel works: he can only nav what |
he would pay for the same quality of !
wheat in the Chicago market. plus the |
Cost OF Transportation W his mil The |
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04

Democrats: We propose to revise the
tariff, reduce the taxes on necessaries of
life, and make wool, salt and lumber
free.
REPUBLICANS: We FAVOR TIE ENTIRE REPEAL OF
THE INTERNAL REVENUE LAWS RATHER THAN SUR
RENDER ANY PART OF OUR PROTECTIVE SYSTEM
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04

Democrats: Give the builders free
laths and free shingles.
KY.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04

Production Expectation.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04

Total silver Ss4s OLA als sasa 1850 l76 S2I5 4G AZ
Total golI and
sil. YER. 56l.77s.ss5 s2',4s2s6a 49ssS6. 50
Cert II Gates
against spe-
c.e--
Cola issued SIZE 023 $50 S127 7A75i S12l $50 81.
Geld On hand ~, $50 31.0l0Sy4 3C26i $50
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1888-05-04
81, s7a. s27. sss si,s17. SO. osa
The Public Strong-Box.

The Public StTOng-Box.
The following is . comparative analysis u
the position OF the United States Treasury
at the close Of the fiscal years 1883 and 1887,
and of the half-year 1887, showing the items
of assets and liabilities and the net cash sur
plus at those dates:
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1888-06-14
Lxnchaa px a Mob.

At VirSyuua. Wisconsin,, a Young ran
named Andrea GrAnstan vas ARRESTED FOR
toe murder OF the Drake family. Grand
stat j. twenty-five years Of ass and has
horne = hard reputation ap and down the
kiekapoo, where be has made his had
quarters For Sc ssral yssrs many sspre-
datiCns have heea laid AZ k5s door hIt he
has never been arrested 10. thsrn- The ar
rest was made By G. J. FarTelL otths Pins-
srtssn Detective Aesaey Of Chicago wEo
has done vIziiant work during tn. tuesty-
four hours he has bsea IN the ground.
In substance Gra1dstaE's confession 10
that be called at brakes house ard asked
for . 6rink. which vas givsa him Then ne
demanded money Drake refused, sBd he
shot him dead. Mrs Drake, uho uas pat
ting the children to bed, ran nss. ard met
her death The children we're both awake
when their fhroass were cut The Taurgisr.
er EiEe5 the house a1d fed Tass does rot
fully agree Nth the position OF the bodies
At late hour one Thousand deter uzlns.3
men surrounded the AL but the aatSor-
lilies refused 20 give Up the prisoner TIE
barbados Hers then broken 3oWn ard tie
oaicers we're ovsrpoEsrrd- Al hoar zas
spent n breaking GoEu the steei cage and
thea the prisoner fought with desperate
Jury against the mob that soz-ht TO
enter Tie struggle did not isss long
and he Sas taksa out, board
hand and foot ed TO the
porch below. and there preFA-ztioa<
ws-e made TO hang hia. 4 rope vas r.Izc.d
around his ntek and the prisoner vas ASA
ed What be had TO say. he protested IN
noesnce, but i VAS knoHa that hs had
made 3 fGn confession IN she aftsruoo7
and be vas rot believed After the sesoad
elevation TO the eour; house oak he made
statement that he. Frank and Elisha
Carey bad the EaEuSer eoreoctsd ard that
tier had tie dad seoomplishsi before he
arrived at the house None OF the ADORE
= thought 70 Be trze. 6raadstaE hang
for eleven minutes before HEs vas sxtfues.
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1888-06-14
Importance OF q Comma.

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gzsl IT Ersiseepc-t. Eczs-- srx- sizes- Soon
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sEs~er azessSuzs nor pzr1Rks ui foua
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szs-1 sxs5a sSSz. tkss-s-slrs< fr=s1sct5y hare
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szEuszr p1ysie7z-lss rrs1r oE whom declare
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skzz=iz- I1S.e Lorkwcod. tAs cozu-
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