Telegram-herald., 1890-06-29
OFFICIAL PAPER or THE CITY,


20 everyone, except a confirmed
farm mortgage hOwler, there IS world
OF meaning IN the answer OF the Iowa
farmer 20 the census euumerator's
question Why ne mOrtgaged ms farm.
Re said: 81 mOrtgagod my farm 10
buy more land 70 ralse more corn To
iced more hogs 90 buy more land
,Ssraad Rapids ll,cA.) leiegram- Herald.
This would be more interesting and
instructive II the granger had explained
the outcome OF MS venture. After
nortgagng his farm, purchasing addi-
tional land with his money, and ralslng
more corn and pork, did he buy still
more iand2 IL he depended on the
price OF ms corn and pork for the
means with which 90 do this be didn't.
Indeed, if be succeeded 10 paying the
interest on the mortgage he was very
fortunate. Thd prices of agricultural
products have heea 40 low during the
past few years that as a rule farmers
have been more disposed 10 sell than
buy land. Inasmuch as he took the
trouble TO tel! why he had mOrtgaged
his property, the granger ought 70 have
told whether or not the fruits of the
mortgage were such as he expected or
hoped they wou Il be. He stopped ex-
planning at the very time he should
have continued. As It stands, ms state
ment, assuming HIM to be 4 real and
not mythical person, proves nothing
save his own fOlly.-DEbuqas Ia.) Icle-
graph.
Our Democratic contemporary has
exenpllfed one OF the meanings en-
braced IN the farmer' reply. There IS
no doubt that many farm mortgage
Is merely a monument OF the mort
gagors folly. The speculative craze
strikes the farmer as we'll as other busi-
ness men. He borrows money and
launches out. He gains or loses, just
as MS venture was wise or foolish, or
his management was good or bad.
The money is gone, but the mortgage
vemalns.
The only trouble with the mortgage
,owl is that, for political purposes, the
Democratic papers have massed to-
ether all farm mortgages alike, and
tave then asserted or implied that, on
account of the hard times due TO Re
publican policies, farmers have had to
borrow money and give those mort
cages % pay their taxes and escape
starvation.
No honest man denies that there IS
depression in the agricultural industry.
bat ne. az the same tune, admits that
the depression a general throughout
the world. And the idea that the Dem
ocrauc party Is the only one that atall
concerned about it, as Democratic
papers are trying hard to convince the
farmers, = merely a campa ign ruse.
There Is no one class OF people IN the
country 20 cold -bloOfed as TO be indif-
fsrent % the troubles and disasters of
another class. and because those
troubles cannot be immediately rem
edled g no proof of such indifference.
The American people are naturally
sympathetic and the deepest, truest
sympathy is not always allied with the
noisest mouth Indeed. loud pr0fes-
SONS Of sympathy are always looked
upon with suspicion. 10 is not AZ all
lkelv that all the Democratic prOfes-
Sons Of love tor the farmer will be- sc-
cepted az par After the necessarily
heavy discounts have been made BY the
farmers. they will plainly see that the
professions are not Of sufficient value
% warrant the overthrow OF our pres
eut financial and industrial policies. IN
the vain hope Of getting relief by
change that plays into the hands Of the
Democracy.