Telegram-herald., 1890-10-04
AsD fARM PRIcEs.


pFejaalce.
FARMERS AND FARM PRICES.
That new Washington publication,
the polst.esAn. is rapidly making place
for Itself amidst the innamsgable week
les and d4.lies that n0s appear. Us
latest issue contains tins able article on
the subject OF farmers and farm prices.
Here it Is.
What hzs politics 10 do with prices
Much. Is ths Republican party respen-
slble for prices and prosperity u : d.
Tectly responsible Tor large sllce OF the
munIheent increment of the wealth "
tie country curing the last thirty years
In twenty years the increase was from
sixteen 10 fofty-thFee billions from
s5l4 10 ss70 dollars per head.
The policy OF the Republican party
has favored utilization OF natural re-
sources, employment OF labor, Increase
IN variety and quantity Of production.
IL has been one OF work, invention and
progress. The Democratic policy has
discouraged labor, effort. advancement,
spending lis strength IN holding back,
klcking ike mule when spuTred 10
endeayOr, zad obstinate as the mules
parent under incentives ID progress.
when Democracy Is rife and ramp
ant there Is Incidence and poverty,
land is cheap and life waste, produc-
ton extremely limited, and cOasump-
ton measured by the little there - 10
| consume. OF course home production
is discouraged, and foreign goods COW
eted, without the means OF paying Tor
- -
repress production and encourage i'm
portation. The Republican policy is 10
work hard, live well, produce supplies
of food and clothing at home, export
| surplus products, but keep our gold
and silver for home circulation. Demo
cratic legislation and administration
have always driven bullion TO foreign
markets and glutted our own with for
eign goods. 1t is fortunate that for
thirty years they have had little scope
| for this unpatriotic and rulnous ex-
/ change of needed treasure for un-
necessary goods. From 1S4S 10 1850
there was excess of imports in every
year but one, and this excess amounted
to 1896, ,396,9l6. From 1861 to 1890 the
excess of exports over imports
| amounted TO $4S2, 1892, notwlth-
standing the fact that the war period
| required large imports, but since 1870
| there has been an excess of exports IN
| thirteen years out of fifteen, amount
| ing to the enormous sum of 81 ,637 1885,
| AL, which has been contributed To the
wealth of the country by foreigners.
| This policy tends to increase the power
OF consumption and enhance prices OF
farm products, which would otherwise
be much lower.
"Thirty years ago, when the Demo-
cratic policy OF repression OF industry
| prevailed, there was little or no produc-
tion of casslmeres, carpets, crockery,
| piate-glass, glassware, cutlery, steel
rails, and many other forms of produc-
ton which now are produced In extra
ordinary volume, greatly cheapened IN
value. and consumed more abundantly
than could have been possible without
the aid of our fiscal system, cheapening
nearly all the goods which farmers use
and through local markets for farm
products furnishing them the means Of
| purchase.
Now there are fully nine million
farm workers, immigration has swollen
their numbers, railroads have opened
new territory, and millions OF acres
have been acquired IN homesteads, IN
creasing the supply of meat and bread
and glutting home and foreign mar
kets, while we have been paying more
than two hundred millions per annum
for sugar, iibres, barley, fruits, wines
and other products OF agriculture which
should have been produced by our own
farmers, increasing their resources and
advancing the prices of their staple pro-
ducts, relieving them from the compe-
tition of other lands.
"The Mckinley tariff gives more pro-
lection 10 farmers than any fiscal law
ever before enacted. Tie howl that
goes up from their competitors in Can
ada and other countries attests the
value of the market which il saves 10
American farmers.
THE silver law has alre ady increased
the value of silver enormously. 1t has
advanced the prices of all farm pro-
ducts. 1t has reduced the power OF
competition of Russia and India, and
destroyed the advantage which they
enjoyed in the wide margin of value be-
tween silver and gold.
"The sky IS already bluer and the
sunbeams brighter for farmers than fol-
many months. At present prices, which
promise to increase, the wheat crop now
harvested will bring $4,000, 900 more
than it would with the prices of last
December, when the present Congress:
assembled; the oats crop increased IN
value by sum quite as large; and the
corn crop is worth $3.50, ,O00, 900 more OF
the basis of present prices. These three
cereals are worth at least $400, 900 900
more than the same quantity would
have been last December. Beef has in.
creased in value; pork products have
advanced. and Will be higher still. The
farmers may we'll rejoice IN the sure
prospects of "a good time coming.
= the Republican policy IS one OF sc
tIvity, production and general prosper
ity. The Democratic idea tends 20 IN
d0leuce, dependence on other district,
and other lands. 10 stagnation of busi
ness, idleness and poverty. Farmers
choose ye between these policies"
The Greenville Independent hasmad,
this discovery. in respect TO Foster, Ste
vens q Coz circular. a Grand Rap
ids hardware firm has sent out a c.rcu
lar announcing an advance in eigh
leading articles, and the Democratic
newspapers arc numer0usly publishing
it aud charging itup to the Mckinley
bill. A comparison Of the old tariff
with the Mckinley bill shows that o.
the eight articles named the tariff or
four has been reduced by the new bill
on two Il tremains the same, and On tw,
there - q stsuht adyarrr - Thts sfff1es