The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1893-05-31

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seem desirous Of arraying all of those
who, by industry, economy and thrift,
have saved something, as the enemies
of those who have, by shiftlessness and
intemperance, secured nothing.
FALLACY OF THE poPULIsTs.
"It is pronounced a crime by many of
the leaders of the Populists to have ac-
quired competency, no matter how hon.
estly, and they teach those of small means
to hate those of large. Under Gov
ernment like ours, where the capitalist
of to day may be the laborer of tomorrow
and the laborer of to day may be the
capitalist of to morrow, there is no pos.
sible danger of a conflict between labor
and capital, except it to be the evolution
of class legislation. The frat strike in
the United States of any moment was
the strike of capital for higher profits
when it demanded q protective tariff to
give them monopoly of American mar.
kets and artificial prices for their goods.
Since then labor, seeing that wealth could
be legislated into one class, has asked
for similar legislation in its own behalf.
Labor demanded and secured statute
declaring eight hours days work. 1t
only emulated mine owners, who asked
legislation to declare IS cents worth of
silver bullion worth dollar. 1t is just
as easy to make 40 seconds minute and
40 minutes an hour, as it is to make eight
hours day, and there is just as much
sense in it as thore is statute declaring
that IS cents worth Of fany metal is equal
to gold dollar. Farmers will learn af-
ter awhile, presume, that mankind has
never successfully manufactured money
to continuously circulate as measure of
value and medium of exchange out of
something which had no commodity
value before 1t became money.
THE RELATIONS OF MONEY AND FARM
PRODUCTS.
"All the talk that our Populist friends
evolve as to The intrinsic value ofgold or
silver is, to my mind, the merest bosh.
The value of gold and the value of silver
are always relative. If the farmer sell
hundred bushels of wheat to-day for SIS
in gold, he has established for the
time being the wheat value of gold and
the gold value of wheat and if tomorrow
the cables from Europe Indicate that the
crops of the Old World are total fail.
ure it may take. 500 in gold to purchase
100 bushels of wheat, because the rela.
tions have been changed, by the failure of
foreign crops, between gold and wheat.
The protective tariff being removed from
articles which the farmer has to buy, the
profits of manufa cture will assimilate, in
their decline, the profits of the farmer.
Then, all being equal before the law,
manufacturers and farmers alike, the
latter will be on par with the former.
FARMERS MORE SUCCESSFUL THAN MER-
CHANTS.
"Because of the enchsptment by virtue
of tillage and building improvements, the
same number of acres of land in given
county of Iowa or Nebraska may, in 1889,
carry mortgage FIVE times as great as
they could carry ia 1879, and yet be in
debt 6. less per cent. of their value than
they were in the latter named year.
Statistics show, believe, that, in the dry
goods business, only about 8 per cent. of
the merchants who have entered the
trade 60 through life successfully with.
out failure, leaving 81 per cent. as fail
ures. Can any of our Populist leaders
show as bad 8 state of affairs among the
farmers' IL not the percentage of fail
ures among farmers less than the per-
centage of failures in any other avocation
in the United States? How often do you
hear of assignments complete failures in
farming, compared to the assignments
and failures which you hear of in the
clothing business, in banking and in
merchantile pursuits. Everyone acquaiu.
ted with the West understands that many
of the mortgages upon farms represent
the very money which constructed the
house in which the farmer lives, the
barns that house bis cattle and the fences
that surround his land. Of course, the
conditions have changed very much. The
railroads have brought the markets for
the great populous centres to the doors of
the farmers of the Northwest, less the
cost of transportation, and that cost is
not 80 objectionable as would seem, when
you may buy barrel ofhour at retail de-
livered at your house in New York for
81 more than you pay for the same quail.
ity in Minneapolis, and that twenty-five
cents out of the dollar goes to the dray-
man who hsuls it from the grocer's. The
profits in railroad transportation have
declined with the same and, possibly,
With greater rapidity than the profits in
farming in the last decade. Farmers,
however, are very easily led astray, and
their worst foes are not the chinch bng,
the grasshopper, nor the drought, but the
pseudo-economic teachers, naturally
created by the class legislation of the
Republican party during the past thirty
years, and who now teach that all the
farmers woes, whatever they be, may be
remedied by legislation.
THE FARMERS ARE MIsLED.
"There is no farmer of good sense and
good health who cannot any where in
the Northwest by sobrety, industry and
good management make a good living
f.. L:-,,tf n.J ,n or1;nory 70 noilv ond