The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1891-03-18

over SO, OOO. 900 tons the aggregate car
ried on all the railroads OF the United
Kingdom, Germany, France and Russia
in 1889.
Commodities are interchanged among
our own people with greater facility
and at cheaper rates, distance being
considered, than in any other country
on earth.
The increase of national wealth ana
prosperity. largely due to this system
of Protection to our home markets ana
domestic trade. and to the generous de-
velopment of these instrumentalities or
commerce, has become the marvel OK
the world. Take few comparisons,
based upon the United States census OK
1850, and upon figures furnished by Mr..
Mulhall. the English statistican:
In manufactures we exceeded Great
Britain in 1850 by Sl,5.9. $40. 1911. France
by 81. lis. ZOO, 900. and Germany by ST.
sos. OO0, 900.
In products of agriculture we excelled
Great Britain by 81, l25. 900. 900. France
by S625, 900, 900. and Germany by $685.
600. 600
Our earnings or income for 1850 from
commerce. agriculture. mining. manu-
features, the carrying trade and bank
ing exceeded those of Great Britain
from the same sources by S1,25O. OOO, 900.
France by s.. 1896. 900, 900. and Germany
by g., 715, 900. 900.
Our increase of wealth from 1870 to
1850. as compared with that of other ma
tiOnS, was:
United Stat Observation-Disclosures. sla5;3 4Sl. 4a3
Great Britain. ....-.- 5SNUOVO
France a,i.aU ~" 20,
Germany -.-.-- 1900 S|o=SoV'Vu
In 1880 our home markets consumed
about $40, 900 worth of our own
products. an amount equal to the entire
accumulated wealth of Spain. three
times the increase OF wealth in Great
Britain for ten years, and seven times
the increase of France for the same
period. Our home markets that year
absorbed five times as much of our
manufactured products as Great Britain
exported of hers to all the markets Of
the world.
How Prices Farm Products are Deter
mined.
The size of the crop is the thing that
determines the size of the prices. There
is demand for a certain amount of
farm products from year to year. and
the prices rise or fall as the supply sinks
below or goes beyond this demand. The
theorists may talk as much they please
about other influences, but the question
is at last only one of quantity. The
world must have so many bushels of
grain per year. and it will pay therefor
simply so much as it is obliged to. con-
sidering the available surplus. There
is no process of legislation by which adj
ditional sales can be forced when the
demand has once been supplied: it ia
not in the power of Congress to compel
purchasers to take more than they
want. or to give more than they are
willing to pay. The fact that the crop
of given year is in excess of the meas
ure of, consumption can not be con-
| cealed. 1t is known everywhere. and
prices are adjusted accordingly. When
| the crop is short. the same rule applies
and the markets are cOrrespondingly af-
| fected If the farmers could manage to-
produce only enough each year to meet
the known demand. they would always
obtain just and fair prices. 1t is over
production. in other wotds, that puts
prices down for them, and they can not
expect to have prices kept up for them
under such circumstances by any sort
of artificial force. - st. Louis Globe
| Democrat, December 20.
Farmers Vote for the Mckinley Bill.
The New England Homestead, OF
Springfield. Mass, and the Farm and
Home, of Chicago. have made canvass
among the farmers for the purpose of
! obtaining their views upon the new
Tariff bill and reciprocity. The result