Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1889-09-14

k1ETcE trer Sc& Acs-
when the haaksr E-zss Lloyd q Doa3Sa.
EaxlEn3. oAze t. this ooaEtry - urss
TIE dszosetiaSos & silver. ] have
fozskt the eolE zooo-zstailssss step BY
step have s1ee visited koi gathered
sons vaisahle statistical sNts - - the
destructive isSss1sss this wAr On silver
. s~abieessng tsss eountry to In March.
lSS6, the Hoa JoAs P. Jooes Of Ne
vadA presentsi ny memorial 10 the
senate; il sH read BY hiz Rsd PSb
hshed IN the Co1xreSsiooA Record; ascs
then / have gathered. Bo<tly iro@ o.
sal sources. the rsiGrss q IndiA's pre-
Psnty compared side " Ede vita The
decline IN vkissS exports. and IN seserAl
prosperity in tkis eosntry. The resalt
q not oaly hGailistias bat actually sP-
PaIliAs-
Oar experts Of wheat have fallen frcD
lSa, 80, as basbsls . year to 4S.4l4.l9
beshels for the 6scsl year Jane 30 lSS9.
Durinz thai period the farm valne Of
wheat was 81 10; per bushsl, and the
acre spon Al average yielded to the far
Der SIS q. Daring the 6scL year Jane
% lSs7-SS, the farm yalas in the United
States vAs ooly = . per acre and the
farmer got only 6s cents per bushel;
while the farmer il India in lSS7-SS got
81 cents per bushel fer his wheat
The export price Of the l5S. 90, 7e5
bushels in 1850 broaght $40. $40. sos.
equal to 81 24t per bashel. the 46.4l4,-
l2 bushels exported daring lSSsS re-
allied only 4l,652 7ol. or 1t Al average
OF 50. cents per bushel-
Let rs see how cheap silver bnllion
has benefited India. In 1870 India ex.
ported only l35. 9Ss bushels. and in ISIS
4l,4l2,2 5l bushels, or in other words
Indis exports now 24 bushels and . lit
tie over to every me bushels she export
ed in 1870; while We are now exporting
only l is Of . peck 10 every bushel we
exported as late As 1850. Our exports are
falling of over &c per cent, while India
is rejoicing in An increase Of over 5000
per cent.
In 1873 India only exported 735. ASS
bushels of wheat, but as o as we de-
monetized silver in 1873, she. in 1874.
increased her exports to 3.277, 7sl bush
els. In 1873 her export price wa 81 ii
per bushel, and in lSSs it ranged st
81 10; the average export price in
the United States in 1873 was 81 3lt.
and in 1855 only S9l per bushel.
II our paternal Government would
only refrain from exploding any more
Of its prophetic financial windbags and
return silver to its legitimate place as
money metal, this difference between
81 81 and 500 per bushel would soon
disappear; for the whole matter rests
upon the difference Of exchange in the
silver rupee Of India and it's gold value
in London. Silver at par. the silver ru-
pee, which contains more pure silver
than the two shilling piece Of England,
would again be quoted in London at two
shillings and over, as it was in 1870.
while to-day the Bank Of England sells
exchange on India at one shilling and
four pence per rupee.
Think Of it, you farmers Of the United
States, the farm value Of your wheat
has declined from 81 "a to 81 cents, and
yoar acre Of wheat which prior
to the demonstration of silver brought
You sl4 81 is now yielding $40 30. Think
of it. you merchants. prior to the de-
monetization Of silver you received from
the foreigners to whom you shipped our
wheat 81 3lt cents per bushel, while
now you are only getting 500 cents; and
that you export now only ] l-5 OF . peck
to every bushel you exported only . few
years ago. But then You have the salts
faction to put that aAttsring JUNCTION to
your souls that these terrible monsters,
the "%silver kings" are losing on the
silver they dug out Of the bowels of the
earth. Yet. hold on Q minute. These
farmers so dear to you and over whose
real or supposed misfortunes the polisi.
clans Of both sides. especially in the last
campaign, have been shedding tears
enough to Aoat not only the largest
ocean steamer but Noah's ark into the
bargain. How have they Jared since the
decentralization Of silverf They have
Jared considerably worse than these
monsters Of iniquity. the " silver kings
From 1873 to 1883 they have Guilt
waited 526, 747, 054 acres of wheat. Ia
1872 the farm value of an acre OF whea,
brought to them upon an average Sl4 81
per acre, while at the average rate for
the past sixteen years they were only
able to get 81 81 per acre of wheat.
Let MS multiply the difference Of 50 &c
per acre with the millions of acres just
mentioned and the enormous sum Of
81, 927, 1914, 2l7 represents the loss of the
American farmers, and as our national
debt is to-day only 81. os3. 740. 625. the
result Of decrying silver as money, must
stagger even the brethren Of the Eastern
press.
Let US compare the losses of the mon.
sters Of iniquity, the "silver kings
They produced from 1874 to 1883 inclu.
sive SIS, 42l .3l5 ounces Of fine silver, and
had the price Of silver bullion remained