The farmers' union. (Memphis, Mo.) 1891-1895, 1893-08-10
THIS IS PIRATlCAL.
WHAT TIE CLOSING or IN
DlA'S MINIS MEANS
will Fore" Silver sing Nations to ratrO-
nize English, Cotton Dealrrs-I:" Rem
eiy Is to Coin silver rrciy at "a E:.1iO
of l6 to of Gold.
The Silver Crisis.

me Jtii anu DttI t'''H'> VI tI''SIlpr
the Indian mints. Never consent to a
compromises. Free coinage on the ratio
of IL to |. or nothing, ana We vii! have
them in less than two years as sure rs
the sun shines India 3 ability on high
silver to bankrupt the cotton factories
of England is proof positive that with
free coinage We could control the com
merce of all sly"r-using people, unless
they decided to allow a, much for sill
Yer as wcIp, and If tie; did We would
have that for which We contend.
He Says if there ever was a time when
the PEG, be of the American Union wcr.
called unon to act with wisdom and
moral courage, the present is one. Tie
enemy is not making an open assault
upon us, but under cover is working
upon O'lr imagination and fears in the
hope of exciting in lis such II panic tnat
we. like the foes of the Gidconitcs, may
work our own destruction. But, my
countrymen, calm yourselves, and let
us strip away the covering aud see the
occasion OF all this clttcr It is un-
becoming IL great and mighty nation Of
Go,UUO.OOO Of people to permit them
selves to be worked into such IL fever
of excitement BY the mach,na' IONS of
the willy fox whose paw las been
caught in his own trap, AID unless he
can scare you to his relief is going 10
lose it. Owing to the low rrire at
which wheat can be laid down from In
lia by the use Of cheap silver, there is
1000, eco acres less land sown to wiinat
in England now than til" a'ln'lnl aver
age crop WAS twenty years ago. and her
agricultural interests generally ar"
III IL depressed condition. In 1871; her
cotton factories supplied India, China,
and Japan with cotton, goods AMI yarns,
there being bat eighteen factories III
India. running 80 600 sp:nulcs. which
after ten wears of effort S:lW their warn
product taken by China and japan.
amounting only to 1.OOI.uOU pounds
In 1879 silver lai declined & cents an
ounce. and India exported to China ami
Japan .'.WD,Mno pounds Of cotton YARNS.
BY 1850 the decline in silver had
reached 10 cents per ounce more, and
India exported $4,000. 900 pounds of
yarns to China and Japan. The tull ia
the price of silver continuing. in ISIS,
the export of cotton yarns from India
to China and Japan had reached 10
OOO,o0O pounds. Silver still falling in
valuc. 1889 witnessed the export of
121 100000 pounds of cotton warns
fro,n India to- China and japan. while
with tn" continuous drop III silver 1891
closed It's eyes on an export of los,
Doc, 900 pounds of cotton yarn from In
dia 10 China and Japan. this last guam
titv being six times much yarn as
Great Britain exports to those com
tries, and IA twice rs much as size .x-
ports to India. China, and Japan alto
gether, and will soon equal the total
shipments Of Lancashire to the entire
world. Now. why this wonderful de-
vcl"pmcnt in the export trade of cotton
yarn from India to China and Juran?
Because silver. the money of China and
Japan. has been worth more to pay for
yarn in India than in England ull the
time since 1878. In 1871 silver was
worth Is per cent. more in India than
in England.
Astonishing Statements.
\ pound of cotton yarn of the same
quality is Of equal vnlUe 70 the iuhal-
itan's OF China or japan, whether span
III India or England. and as the same
money that would pay for loo pounds
of cotton yarn in England would bay
and pay for l:io pounds of yarn of TIE
same quality III India. the Chinese and
Japanese merchants. being sensible
men. hought their goods wutrr their
money would go iur:ils>t 10 pay for
them Will some patriotic Democrat
bar the doors of til, Whit, House to
the office seeker until President Cfcye-
land can get this idea into his mind:
The rerpetuation ot the party III power
and the commercial supremacy OF tn,
nation depends upon it, The result
Is that India III 1892 had il OF Grafton
elGhtv-eiSht cotton mills running
ESQ, 900 SpindleS and bull: eight nlpre
cotton mills during that year. 50 that
there are now nluety-sIN cotton mills
LII operation In India. rs agains, eight
een when silver began IL decline,
These mills are all spinning Indian
cotton with Indian labor. t,l 1lpon In
dian products. and the markets .hry
supply take the place ri that much q
the products III .he English mills.
The result Is that while eight new cot
ton factories are being ru,heN to CON-
rlction III India. the English cotton
mills We're closed III lorhou. iur six
mouths. and Were il not Tor til. rnean
cotton and wheat that low silver e,}a-
bles them. at our t\, cnsr. IL supply
themselves. thtIr condition would hn
much worse.
Wa&t is the i,areri!l Anglo Saxon
blood 10 do? Commerce.. Wheu rec,
does nN: examine lac color II the ski.
oi those who hes: serve their wants.
Great Britain i'll 1890. after >unrlylns
her own 10000. UoNo home people with
cotton goods. sold Il the rs. ri the
world $50 80 worth III cotton.
pro lurts. l. she going IL sit still and
sec these yellow sons OF Shem rob her
If this. her greatest Industry, that has
tahcn her more than three hundred