Telegram-herald., 1890-05-03

ochsE Cs44sss.s sl1silzriy k1sces4-ozx
E-<-sEs. a.-ssss. sss - is-sss ga =.
T-@.s - OshsF F.rts - Ins 8-<s4-FAs
h~2say FrsVss~a-
There - 4laaoss universal coupl4fls
srncnz f1rmsrs II a. a4Z.Cas Of the
PIsFalsnce II Lo@ prices lhs aszricUl-
Ulral dspression u GrezG Britain has
probably Desn more severe than MAJ q
z8y oCbsr nation p0tsnE cause Ia this
ease 70 ths con pssIEioh from al RaVts Of
ths -orld uarslisEsd oy any Eaxatioa Of
Ln pcTIs- Fra1Se and Germany are soms-
MAT disturbed DY similar complaints of
G1ren1zneratiVe rural industry. Italy
has 40 nad occasion " make ofncizl in
sssrlgalion of Ens causes u agricultural
depression. Other eoonrTiss are vocal
~iLh aEnil4r cxies II dissatisfaction with
ths proceeds o. Agricultural labor 30
tt.e trouble appears - Dc general Ia mon
sschlss and republics. ~hether the Bone-
tary circulation Is gold or silver or paper,
and uadsr ne inH1sncs Of various and
diverse economic systems.
Not al countries are IN the same depths
~ ~-f-- NAos - gsA4A AAAA AAEAt AL4 A4ALA
iaoorers are doubtless better Fed and
clothed, able % m4ls42in higher style
81 living, and ca lOy more Of the benefits
Df civilization and cult1rs than those Of
any other country. 10 may DO said with
sbsol1se truth that Ia thirty years the
scLs q living has advanced immensely
A. this country, not equally in al sec
uons. ous nanifes<lY every where. There
b q tsndsncy 70 sxrravagance Ia town
he that has been initiated In rural cir
elss, and the natural ambition for prog
rsss and precedsncs, when generally
aroused, vii express itsslf IN dissasisfsc-
ton with prevailing conditions and do
Termination - Overpo~er AL obstacles
O. advancement. This Is a hopeful sign.
u 10 an indication q conscious dignity.
i - a prophecy of progress
While, therefore. our own country feels
the eject Of agricultural depression less
than almost any other In the world, the
reduction Ia prices Of most staples, and
n domestic animals and their products.
forces = dis4greeabls comparison with
agricultural values az their highest, com
psls reduced expenditure 20 keep outgo
Subordinate % income, increases the
nnmber OF unforSunates who cannot
make both ends meet, and reduces the
profits OF the enterprising and skillful
who are still able 20 strike balance Ia
their favor. Retrenchment Is not an
agreeable alternative. and 10 stherefOre de-
Ayed until is Is imperative and perhaps
destructive. The times" are universal
~ regarded as "hArd" In oraparison
with more prosperous eras Of the past
IL matters not that the prices Of inn
plenents, utensils and fabrics, Of goods
desired by the farmer, have been reduced
proportiOnately; mis- interest account, if
be hss one. b unreduced. and his mort
gage Is q greater burden to lift. Tie signs
for the good old days Of high prices,
though they may have been war or fam
Inc prices, necessarily temporary, and
though they may have been the source
Of sxtrayagant views. unnecessary ex-
penditure and the foundation Of his pres
ent Indebtedness. De naturally ressn "a
and deplOres low valuation Of farm prod
ucts. What are the causes Of low prices?
They may be various. bat the prime cause
h the operation Of the memorable law OF
supply and demand. Abundance leads
inevitably to low prices; scarcity TO high
prices With either there Is Huctation,
q seesaw Of prices which increases cost
and reduces profit Medium and uniform
values are therefore best for the farmer
There has been an increase Of produc-
ton In this country even more rapid
than the increment Of population. The
following statement shows the increase in
thirty years In certain products Of the
farm, IA reported oy the census: