New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-08-15
'rtess accord. Report Of Prices accord Report Ct

No further evidence can be needed to prove that
the report Of the majority OF the Committee on
Agriculture Is not only untrustworthy and mislead-
ing, but than worthless. 1t Is calculated. II
not designed TO deceive every person who may ac-
cept its statements OF course, the majority OF the
committee is silent about the great decline since
1850 in the prices Of all commodities bought ana
consumed by the American farmer. This decline
has been what the majority incorrectly represents
the decline In prices OF farm products TO have been
n STEADY one. Moreover, II has been much greater,
relatively, than the decrease In the vaiue OF any
farm product, is coneluslvely shown In the "vews
OF the majority of the Committee on Agriculture,
us well as BY Official reports OF the Treasury Depart
ment and unofficial. but wholly Trustworthy. reports
ofore given show, corn, oats and mess pork, were
higher in 1891 under the present tariff than they they
and Western wheat less than 20 per cent
lower than " Northern wheat was In 1850, while
rye In 1891 worth about 80 per cent more
Now, compare those. figures with the decline In In
prices OF manufactured articles bought ana useu
BY the farmer. In 1857, under the Walker tariff he
paid SO O3 for pair Of blankets which he can nov
sSY for cents t. Of for ABOUT yard calico vkss
than nG g buy sn, e for s ssh
tatDt Hri 'H would say nearly 400 per les
he could then buy plough for sS or ana
per cent less horse rake then csn, cost moving
machine 1ST eV cost 81 $50 IS then and better
be bought for s46 ~ or 81 per cent less %Ss
reaper cost geo a o. in ss1 and q PETER per cent
yard Of sheeng then cost 20 cents and can now De
bought for 7.37 cents, or 81 per cent less oIc
quart tin dipper then cost 27ed cents and one ca.
be bought for go cents. or nearly 90 per cent
less; twevequart tin milk pail cost V.'33 cents
then, and one now be bought for 35.3r cents, VI
IS per cent less brown sugar then cost 2o.23 Genus
pound, and now be bought for 40 cents, re-
ducton of more than y per cent, The reduction In
the prices Of other articles has been as great as III
those mentioned, and all now cheaper than they
were In october, 1885, before the present 1nrln law
was enacted In october. 1890 when II was approved
or In October 1891, q year after It's enactment.
IL IL not mpertfnent TO call attention here TO the
fact that on April a. 1902 Chairman Hatch submitted
n report 10 the House from the Committee on Agric,
ture In which the decline In prices OF farm products
in recent years declared to be due IN no
inconsiderabe part to the practice OF short selling
In this report the passage OF the AnuOPtons BILL
was strongly recommended and urged on the GROUND
that IL would result In materially higher prices ior
The products OF the SOIL that II would prevent the
foreign merchant from overlooking our markets and
depressing the price Of the products OF American
farms that "bt securing higher prices for the food
and fibre exported, the expectation OF gold wonil
cease in whole or ia part ana that. "by lessenlng
he number OF sellers and leaving the number OF con
sumers and buyers great as now the price OF the
products will be enhanced" In that report which
fills fourteen printed pages, there Is no allusion what
ever TO the alleged injurious effect OF the tarih upon
the prices OF farm products. which law. according to
fhe report OF July 90 submitted by Chairman Hatch
from the Committee Is responsible for the whole
NJ the mischief,