The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1892-11-08


ever since. 1t has already eaten S.,
ooO. oOO, 600 worth of the products eof
the labor of the country, and still is
eating with an appetite which has
doubled its capacity and now swallows
two bales of. cotton or two bushels of
corn or wheat whereat first it took only
one. And still tire ravenous animal is
on Uncle Sans hands. Ought wenot,
all of US, come to his rescue and help
him kill the old beast if we can't get
him off our hands otherwise2
~ The average price of cotton for
the past so years, excepting the four
years of the war, has been a small frac-
ton more than 1915 cents per pound
in New York, and in Liverpool a frac-
tion than 6.84 pence per pound,
or within a quarter penny of being
twice as many cents per pound in New
York as pence per pound in Liverpool.
We find that the crop Of 1891 sold in
New York at u cents and in Liverpool
at liz pence, or New York 43 per cent.
below the average and Liverpool only
SO. New York has fallen off from IL
to n cents since 1873 and Liverpool
from s So to 4.18-a fall of IS per cent
in New York and so per cent. in Liver
pool.
The census reports show that
from 1880 to 1890 the State of Massa-
chusetts gained in wealth the sum
of. 1868, 377, 824
Now take nine of the best
agricultural States, to-
wit: Neb., Ia Ills, Ind,
N. c., Ca, Ala, Miss,
and La. The increased
assessed value in these
nine States in the same
time $559, 44l,974
The territory of the nine
States would more than
make So States the size
of Massachusetts,, yet
Massachusetts gained
more than the nine by IS 1886, $50
This advantage is given the one
State over the nine by vicious fnan-
ciaI legislation, and the fourteen mil
lion people in the nine States are to
blame for allowing the two million in
one State to take and hold this adj
vantage of them. They have accom-
plished it by sending their friends to
Congress. We must undo it by send
ing ours there.
~. The State of New York gained in
the ten years included in last census,
as per official figures the snug addition.
to her wealth of 81, 123, 385, 932. Take
in comparison fifteen agricultural
States, to wit: Kansas, Nebraska, Iowa,
Illinois, Indiana, Kentucky, West Vir-
ginia, Virginia, North Carolina, Ten
nessee, Georgia, Mississippi, Alabama
and Florida, and we find their com
bined gain only 81, III, 1873, 213. The
fifteen States contain sixteen times
the territory, four times the popula-
ton and one and one half times as
much working capital. Yet the one
State under the fostering care of the
American Congress gained inten years
Sc, 1872, 719 more than the fifteen agri-
cultural States combined. Is this fair9
Is it right9 Is it honest9 That it is
true cannot be denied, for these are
official census figures. Now, voter, if
you wish a change, how can you get it
by allowing the favored territory to
dictate longer to you how you shall
| vote9
Suppose the So, 2O3, 524, $50 pounds
of cotton produced in the South since
1873 had all sold at IL cents per pound,
it would have brought
into the South. So, O44, 500. 248 -
Whereas it only bro't 5000, 267, 10000
A loss to producers of 50, $50, 331, 528.1 10
This amount Of loss to our cotton pro-
ducers alone is equal to the whole ma
ito nal debt in 1865, and is 1921 millions
more than half of the whole amount
that has been paid on the debt since
the var Brother farmer, we are in
debted to the financial legislation at
Washington City for this state of
things. The exception clause, the u.
s. interest bearing bond to take the
place of greenbacks, which were moth
ing more nor less than bonds being viii
lingly carried free of interest by our
people; the credit-strengthening act;
along with the characterization ofsilver.
will always be a shame and a disgrace
to the memory of all those who par
ticipated in their enactment. Shall we
endorse than f,1rfhnrq Enhn nnno-