The great West. [volume] (St. Paul, Minn.) 1889-18??, 1890-09-12
WONDERFUL DEVELOPMENT.


Celebrated Labor Organ Of st. Paul
The skies grew lurid with the We
hemence of the alliance editorials O
the st. Paul Daily News, last week
It is now, you know, the "official'
organ (official blundergush) of the
Campaign Committee. It having
never had solitary alliance editori
al in it during it's four weeks occu
pancy of the chair" it concluded tc
be charitable, and promulgated one
glowing frebrand into the blazed
faces of the plutocrats. So the sun
shone upon it's uplifted battle-axe
it descended upon the mutton-chop
and the following blood curdling
"epitome OF lush" flashed across the
granger horizon. 1t will interest
those farmers who have failed to pay
their 20 per cent promptly:
FARM MORTGAGES.
Some interest attaches to the stat
istics that is presumed the eleventh
census will supply upon the subject
of farm mortgages. Upon superficial
and fragmentary information it is
evident that many OF the statements
made upon this topic are misleading,
and necessarily conclusions based up
on such data are erroneous.
Nov don't that sound. for all the
world like one of the victims of the
1854 Observation-Disclosures in a single
Michigan County last year-like a
red-hot alliance organ-hear it
sizzzz! ED. G. w.
AS a fruit of estimates that are
Jumped at" as it were, in this man
ner, it is generally assumed that the
farmer class are in the tolls of an in
debtedness that exceeds all value
that may be extracted from the
lands, by any process of culture and
development.
And yet it is well known that
large number-probably one-half-of
the mortgages were closed by ere
demption deeds''-and no foreclosure
resulted. This fiery alliance war-hoss
merely forgot this fact.-ED. G. w.
Kansas has been cited as an awful
example of the system of land mort
cages, in fact, that all the value of
the land had long ago been eaten up.
OF course, constant iteration of such
a supposed fact has proven injurious
to the reputation of the State and
to the financial interests of the peo-
pie. This has led to a compilation
of some fresh facts.
THE dirty, loathsome liar? Re-
member, granger, this is not Shy
locks Daily Bugle, in name-it is the
St. Paul Daily News-the "organ' of
"our Campaign Committee'-a beau
tiful steel blue spider-or an old-gold
tarantula-which has it's poison
fangs on our vitals. 1t is no "clip-
ping"-it is editorial, baring forth
from the first column-a $4,000
bonus alliance lie-ED. G. W..
Forty-three District Court Clerks
have published figures showing the
number of foreclosures of farm mort
cages in their respective counties
during the first six months of 1890.
The total number of foreclosures is
LOB, about twenty-five to each
county. The total for the JOG coun-
ties of the State, on the same basis,
would be $3.50 or probably about
-, 100000.
In considering these figures it is to
be borne in mind that very large
portion of these mortgages were not
made by actual farmers, raising
crops and living in the State, but the
are upon unoccupied
ands, acquired by spectators, many
Of them nOn-residents, who mort
gagged them for what they would
bring, pocketed the proceeds, and
now permit the foreclosures to pay
jhe debt.
There is not at hand any separate
statement of the two classes of mort
sages, those given by actual farmers
md those made by the spectators,
)ut the latter class exceed the former,
10Th in number and amount.
On the basis of these figures as to
enclosures, it is in proof that not
more than two per cent of the loans
IN farm lands, of all classes, have
)een foreclosed, and when the two
lasses are separated by analysis it
will be seen that the farmer class are
lot in the depressed condition that
$ popularity represented regarding
hem.
1.-THE Daily News did not get it's
$4,000 from the free-lunch Cam
,aign Committee. Now, here's an