The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1890-04-04


tinnr tu. N ,nA le NJ tisp cotton
f.eturle~ ..i fI1e n. fll more tAAn nall their
material n cna INCREASE rms supply, win
~. intx ItAlIr /, llrtf ~ r,inelag tho rricc
The alo doe. nni IepUni 90 our purchases
abroad H. aggregate would not bc reduced
4 ronnd II We should refuse % spend IN
IN dollar fnr foreign products. The mills
must have the fiber. and nowhere else can
A ~ had ~ ~ good quality and Naulc. W.
can manufacture more ~ 10 here ana mus
increase foreign competition Tor ~. but me
pfoducf can moi be enlarged beyond tue cur
rent wants ~ the worlds trade without re-
daclng the price ~ flber and fabrics Thus
the law ~ supply and demand limits the
extension ~ the cotton feld~
LOWEST ron a CENTURY.
In wheat o>erprodnctlon has destroyed
The growers proilt wheat growlng has Der
come phliAnthropic mission for supplying
chsnp bread to Great Britain and rnconrAk
Ing her manufacturers 20 keep wages on =
low plane The Northwestern missionaries
are Stlll diligently sowing their SEED anu
fioatlng their bread across the waters. anu
moArnng thar the profits 40 not return 70
them after many weary day Of trAn~porta-
ton. The area ~ the crop n ls~' included
ahont l0noDOo acres more than the home
consumption ~ the wear Viii require, ana
The rrlcr in Liverpool has ~ late been the
lowest for Il century. We can not force Tor
slgncrs ID buy our bread. There has been =
mas III lnenabie nonsense regarding the
markets ~ the world" Tor wheat less than
fourth 81 the people ~ the world eat
wheat Halt az the people ~ Europe scarce
~ know its taste. while few ~ the nations 81
Asa and Africn have any knowledge ~ "
The statis,iciAn has thus presented the
limitations Of our distribution Of the wheat
surplus;
south America j. now no market for flour.
a. nor, wheat j. grown there than y re-
uuircd for domestic consumption. ana an
annually charging outlet for wheat = now
sought ia the distribution of the surplus.
Australasia makes more than honi
supply. india has "a surplus ~ ten ~
nffccn per cent Eastern Europe always
has wheat - sell. leaving only western
Europe 20 supplement- is nearly fuli gamers
1 with the contributions ~ all other countries,
| those 81 Europe included. ~ the average
| four bushels consumed by each lnhabltant
/ Of Europe only a half bushels comes rom
| other continents. and this - practically inc
| measure ~ the market for the wheat sur
| plus OF the world a market which neither
4 reciprocity nor the persuasion q any inter
national comfy can enlarge >otnsng Dut
| war. famine or pcstiience, nothing put an
| act 81 God or a change Of crop distribution
| utterly al variance with long settled poicy
| and practical sense, can swell % sudden m
| portance the demand for wheat anu hour
| that viii relieve prevailing stagnation anc
| advance prices.
| TOO MUCH MEAT.
| The production Of meat has also advanced
faster than population. In 1850 the cattle Of
| all kinds were returned a s9.61s,aS3 head,
| and the numbers a. now estimated on farms
and ranches 81. ,,l.9y7, or thirty three per
cent. more. Excluding COWS. the increase
Of other cattle. which includes tho beeves,
j. equivalent 70 about forty per cent These
becvcs are brought 10 maturity more rap
idly than formerly, and more meat i made
in proportion 20 numbers. 80 that the beef
supply il greater than in iSS0 in proportion
70 population. The ratio Of supply has been
very greatly increased since $50 our ex-
port OF beef has grown uD in the past thir-
teen years. and the export of cattle has not
only increased but it, character has changed
from the shipment Of Texas or Florida long
hornSro Cuba 20 the export 81 fat bceyes %
Europe. one OF which commands the price 81
i've ~ the original style OF Gulf coast cattle,
This difference represents not precisely the
meat making capacity 81 the cattle Of -,
and i-sp respectively. but II suggests the
wide disparity between the ratio Of meat q
number Of cattle at the two dates. The fol
lowing table OF highest prices Of bceycs IN
Chicago shows thar the present values ar.
lower than in any year since the export OF
beef was nangurated. with the sole excep-
ton 81 1879. Prices increased till 1851. when
they we're highest. and fell heavily In l~~';
advancing slightly in lss7 except As to the
extra grade. and recovering further in ISIS
only TO continue decline during the past
two years: