The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1890-09-27
The PEOPLES Column.
About the Farmers and Their
Debts.

Ilp J. PuplH SululIlu.
About the Farmers and Their
Debts.
MIR. EDITOR:--THE WING published in a
recent issue an article taken from the New
York Tribune entitled the farmers and
their debts" also an item from the Balti
more Herald relative to a cargo of wheat
shipped from England. Both of them are
in my opinion misleading and incorrect, for
the reason that depreciation in improved
lands alone since 1872 when free coinage of
silver ceased, and contraction of the cur
rency began by funding the greenbacks will
more than balance all debts. The Tribune
refers to as being paid by the farmers, not
taking account the vast increase of mort
gage indebtedness never to be paid under
the past contracted condition of the cur
rency, a condition which has so we'll suited
the bankers and eastern capitalists. The
item relative to Il cargo of wheat shipped to
this country from England, where duty
of 20 cents bushel is to be paid is incor-
rect. The wheat referred to was never un-
loaded but returned in way # ballast by
the ship that took it to England.
When the New York Tribure e, which has
been always considered farmers paper,
seeks to placate the farmers with such
statements as published in THE WING,
which the farmers know by bitter expert
ence are incorrect, Qeaving out the tariff
part of the copied article) it is time that the
farmers were looking outside of the daily
papers for an independent organ to advo-
cate their interests.
The Tribune refers to the railroads as
kind of a soothing dose or pacifyiDg condi-
tion for the farming interest to swallow.
The farmers have been compelled to swal-
low 10 per cent mortgages and higher rates.
But when railroads are referred to and
thrown in to season the dose it is time the
farmers drew the line. From the railroads
own statements printed in the Baltimore
| american he railroads have made net
profit of $500, 000 900 the last year and this
statement is based on watered stocks in
such roads as the Vanderbilt and Gould
systems and other roads, leaving out of
sight the vast amount paid in high salaries
and sums made by officials in the way of
perquisites, which officials monopolize at
the expense of the stockholders. 1t Is not
strange that farmers are dropping politics
aud going into organization where such
conditions exist, for 80 per cent of the rail
road profits are derived from the farm. Is
it strange that the farmers want to be re-
turned to the normal condition of 1872
when the contraction and mortgage curse
struck them? Now what was the condition
of the farmers previous to 1872, when suffi-
cient money was in circulation, when the
farmer paid labor as high as $500 day in
the harvest field with board? 1t was about
the same as the condition of other classes at
the present time, estimating the decrease
in cost of food, clothing and articles used in
the mechanics and arts. That is while labor
field, it is buying goods cheaper now with
perhaps meats excepted, than the difference
in wages when So. 100 a day with board was
paid and 81 so with board paid at the pres
ent time. All other articles of consumption
have fallen more more than one-half since
products of the farm and loom manufac-
turered goods cheap in many cases as in
Europe, see Tribune, which the tariff re-
formers ask the farmer and manufacturer to
produce cheaper. The gentleman reformer
to be prosperous under schedule OF prices
made for professional services when infia-
ton of the currency existed is the tariff re-
former of the present time in most instances.
Viewing these conditions from a farmers
stand point, with no other interests antago-
nizing the farming interest, l believe the
cause for the decline in the farming bust
ness is attributable largely to the farmers
themselves not taking suficien interest in
matters of political nature, neglect in his
duties as political factor and failing to Sc
cure proper Legislation, failing to send rep
resentatve men to Congress and the Legis-
| lature. His neglect to attend to such duties
left open the roads to others representing
other interests and the farmers were left out
| in the cold. The act of the government in
funding the greenback was a condition
caused by his neglect. This act of the gov
eminent in funding the greenback was in
| the interest of the Jewish and banking in
| terest in this country. They saw no con-
traction of the currency, the banks issuing
| the paper to the people and the government
| issuing the gold and silver, the latter in a
: demon etized condition. Absolute power to
| control the money in their (the banks) in
terest. Influence was brought to bear on
the Secretary of State that told the story for
| the banks. The greenblck was removed
from the people, funded in the untaxed
| bond principle and interest payable in gold
| The soldier AM farmers money put in land
and in business. The greenback through
this system of funding originated by the
| banks, money was withdrawn from circula-
| ton The farmers who put in land green
| backs worth so cents on the dollar owing to
the depreciation in price of crops caused by
a contraction policy were compelled to seek
relief in mortgaging their farms to live, so
that that at present the funded greenback
| will purchase three times the amount of
land that was bought by the greenback in
1872 e MOVES.
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