Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1890-10-11


was only II per cent. Now if labor is
receiving in the former 81 per day,
a discount of II cts will amount DON 800
working days S51. If your
wages should be 50 then the discount on
your years work amounts to S102. The
question / present is this. not plausible
assumption of the conditions to be looked
for by the removal of all restrictions. it
SO presents itself to my mind. The ques-
ton of the free admission of binder
Irvine was very earnestly maintained and
one would naturally suppose it very
heavy tax upon the farmer, upon what
basis / confess cannot conceive as the
average farmer will not use over 100
pounds of it and he could not possibly
save over two dollars on his crop; on the
other hand if he should be forced to take
the price that is created by this low
priced labor of Egypt, India and Russia
and the price should be reduced ten dol
lars per hundred on crop of one thous-
and bushels, he would lose one hundred
dollars on the crop. 1t appears to me a
more important item than the free ad
mission of the article of binder Irvine.
think a good remedy for the farmer
would be to raise the hemp or flax and
build factory and make the Irvine here
but as the Democratic politicians are
opposed to manufacturing interests they
may deem it inadyisable. In the same
speech the article of tin was also spoken
of, in which the laboring men so many
of them carry their dinners. Now labor
men you do not spend So per year for
your tin pals, and make a note to day as
to what the difference will be in your tin
account expense and those that live five
years hence, contrast the price under the
Mckinley Tariff bill and see what you
may save or lose. l cannot see why the
American people cannot import pig or
bar tin and manufacture tin in this coun-
try as we'll as in dear England; and labor
men when you come to vote consider
whether the II per cent. difference in
wages is of more moment than the free
admission of dear old England's tin.
| find that the Secretary of the Treas
ury places the importations of Merchan-
disc at $712. 24S 900 in which over 1928,
600, 900 of it is Of manufactured fabrics.
This fact in connection with the above
statement ought to satisfy those of cur
people who are so anxious that our ports
should be absolutely free. 1 find also
upon investigation that the price of
wheat in France ranges on an average
from 80 to 80 cts. per bushel higher all
the time than it does in old England. l
find also that the two countries have
practically the same population, France
50, $50, 900, England So, 1G5, 900. l find
frances annual average production of
wheat is over 800 100000 bushels. whilst
England S is about $4,000 900 of bushels.
find Frances deficit 81 600, 900 and Eng
lands 143 900 900 of bushels. The case
presents itself to mind that this condition
of affairs ought to naturally make the
price of wheat higher in England than in
France, if supply and demand were a
controlling factor in fixing prices.
Wheat in France in 1885 was 81 IA; 1884
S1.21; 1888 $1.30; 1882 STAG; 1881 81. So;
1880, S1.56. I will give price of wheat at
point of export here in 1885, n cts; 1884,
644 Cts; 1888, 81 cts; 1882, So cts; 1881,
S1.19.; and 1880, 50 cts. Now add TO the
price at export points of 10 cts. per bush
ell for transportation we will then arrive
at the English market price. Now | can
only account for this discrepancy in one
way that in England g poor monetary re-
sources. The Bankers Magazine will be
accepted as authority, places France at
S2,ly4 006 and England at SS40 00U 0C0. Note
the contrast between the monetary resources
of the two Governments, about two and three
fourth dollars per capita in France to England
one. This is think prime factor i'm division
of prices, at any rate the ascending scale OF
prices in France in Agricultural products IS in
parallel lines, with her volume ofcurrency :
and a significant point is that France possesses
23j,0JO0OJ of specie more than Germany and
England combined. Now, sir. say what you
may, find i'll consulting the reports of the
International Monetary commission in sum =
ming up their conclusions as a rule, base de-
pressons on two points generally, viz, an in
sufficient volume of money as causing gener-
depression, m IA
expansion alternating, producing periodical
stages OF business depresSionS and speculation
hence fixing an unstable character of our adj
vancing progress. Commissioner Carroll ID.
Wright in summarizing his conclusions on In
dustrial Depressions, presents substantially
the same views, now taking money of nations
new monetary system and investigations can
not agree with the Free Trade theorists in
their views upon political economy Their
jealous solicitation for this theorizng on polit-
iCal economy so much in the interest of Eng
land, seems to me ought to stimulate them to
also claim that the pay accorded to English
larllamentrlans ought to be advocated in
the same earnest spirit that they clamor for
Tariff for revenue only; this would be a pract-
cal demonstration OF their patriotism to dear
old England, then their success would relieve
the Taxpayers on their Tariff tax theory of
the amount collected to pay them salaries of
5000 as impaired with their English friends
who serve their terms without pay, IL seems
to me that this would be practical demonstra-
tion OF their sincerity. France with all her
superior wealth in monetary resources only
pays her national representatives 81 500 per
year for their services, and while speaking of
France, IL seems so strange that she is rarely
spoken ofin political discussions by our friends
who are so familiar with England. Geograph-
lcaily, they are nor very far apart. / have
spoken OF England's deficit in wheat for bread
purposes, which clearly demonstrates that she
has to depend on other sources for her sup
plies, for eatables, now her being nation who
has to depend upon the exchange OF the pro-
ducts of her manufacturing and m lining inter-
eSts, giving employment tohermerchant ma
rine and the fact of her being dependent upon
other countries to furnish her eatables il the
prime factor for her economice system. which
TO my mind clearly demonstrates hers as one
based upon selfish interest to feed her people
as cheeply as possible, hence Mr.. Gladstone's
strong plea for their system VIII dem onst rates
true loyalty TO his country and people by the
position he assumes. Now to contrast the basis
OF our prosperity as with Ensland's. Ours
rest upon Agriculture, mining, and manufac-
turing which is the basis of our great internal
commerce, furnishing the life TO the Transport
tatlon com panies, which, when we come to in
Festigate find the varied products of the farm
the mine, and factory furnishing almost ex-
clusively their freight receipts, the four inter
ests combinding the great wealth producing
resources of our country. The railroad inter-
eStS are clearly in my oplninion In favor of
Free Trade as demonstrated in their system
OF moving as rule, the wheat mainly from
the trans Mississippi department for export
purposes. we VIII take the Georgia Melon
Crop of lSS9. According to the report of the
census bereau to demonstrate their interests
in which they charged the farmers for moving
their crop of S0O0,C0D of melons of 5000 car
melon or Sl2l percar load for which the farm
ers received cts each or $50 per car Is this
equitable distribution, the railroad earning
twice the value in freights OF the products Of
me fnrm, the railroad earning their freights
in ten days on an average, while the farmer is
compelled TO put up with the receipts of the
farm once in twelve months. at one-ha of
he price received by the railroads. the one
lhe recipient of charges fixed by statues. the
other controlled by the theory ofsuppiy and
demand Now have pointed out the three
great factors in support of our industrial pros
perlty, IL becomes us to demand a system of
equltable distribution of the same, and IL the
Two fmmcrs' organizations could unite on a
system ofpolitical economy as that is the only
distinctive difference between them and elect
representative men of Intelligence they can
correct great many of our inequitable laws
the internal commerce of our country is
greater than any other, hence the Importance
OF equitable distribution which rests upon
this basis III conclusion, viz, sufficient none
tary resources and equitable rates of distrihn-
tlon. Seems to Inc that the inventive genius
OF citizens of our commonwealth that have de-
Veloped Improvement in the mechanical de-
paftneut.ought TO demonstrate n like ingenn-
Ivy IN devislng m economic system establish.
ing an equitable relation between the sroduc-
1--WE forces and distributing forces ofthis conn
Try as lhey surpass any other. Now sir as
nave called your attention to the difference i'm
the price OF farm products during Mr., Cleye-
Ia mas administration as compared with The
one preceding it, the question want to know
Is whether or not susceptible of the constrne. |
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