The Dawson news. (Dawson, Ga.) 1889-current, 1893-06-21

could not be maintained Then the
money undoubtedly sought other ave
nues of trade and commerce. There
never has been a farmer having pork,
beef and cereals for sale who could not
find money that desired to purchase
| them.
What the South and West Need.
"What the south and west need is not
more money so much as more commodi-
tiles or products with which to buy
money. A prominent fallacy of the pop
ulists is that money is the end-all and
be-all of human effort and desire. But
money is the one thing for which men
struggle that never confers a blessing
until it leaves us. All through the south
and west to-day money is to be had at
! lower rates of interest than ever before
in the history Of this country. Every
where money IS as anxious to be had as
| the people are to nave it, and everywhere
upon good security at moderate rates of
| interest In Nebraska | have seen money
loaned frequently on highest grade of
real estate at Y per cent. per annum,
payable semi-annually, and to-day you
can borrow any amount upon good farms
at 7 per cent. per annum, and the longer
| time you will take it for the better pleas
| ed is the lender cannot see, therefore,
that farming is in such deplorable con-
dition as represented by some of the ca
! lamity howlers, who seem DESTROYS of
arraying all of those who, by industry,
economy and thrift, have saved some
thing, as the enemies Of those who have,
by shiftlessness AMI intemperance, Sc
cured nothing.
FallacY of the POpulists.
sit is pronounced crime by many of
the leaders of the populists to have ac-
CURED competency, no matter how hon
estly, and they teach those of small
means to hate those of large. Under a
government like ours, where the capital
lists of to-day may be the laborer, and
the laborer of to-day be the capitalist of
JO-HOIIOW, LuSIC 10 ~ PooolpIO udllSCl
of conflict between labor and capital,
except it be the evolution of class legis.
lation. The first strike in the United
States of BlIy moment was the strike of
capital for higher profits when it de-
manded a protective tariff to give them a
monopoly of American markets and arti-
Il e., ~ 10,
labor, seeing that wealth could be legis-
lated into one class, has asked for SINH
lar legislation in it's own behalf. Labor
demanded and secured a statute declar-
ing eight hours days work. 1t only
emulated mine owners, who asked legis
lation to declare 65 cents worth of silver
yer bullion worth 81. It is just as easy
TO make 40 seconds a minutes and &C
minutes AN hour as it is 10 hl@he ei7l-'
ha...~-~-l-s, ,.Iu there is just as much
sense in it as there is in a statute declar-
ing that 65 cents worth of any metal is
worth a gold dollar Farmers will learn
after while, presume, that mankind
has never successfully manufactured
money to continually circulate as a
measure of value and medium of ex-
change, butof something which had ne
commodity value before it became mon
ey.
Relations of Money and Farm Products.
Gall the talk that our popuIist friends
evolve as to the intrinsic value of gold OF
silver is to my mind the merest bosh
The value of gold and the value of silver
is always relative. Ii the farmer sells q
hundred bushels Of wheat to day for S7s
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 a total failure
1t may take 500 in gold to purchase 10C
bushels of wheat, because the relations
have beer changed by the failure CT for
eign crops, between gold and wheat The
protective tariff being removed from ar
ticles which the farmer has to buy, the
profits of manufacture will assimilate, in
heir decline, the profits of the farmer.
Then, all being equal before the law,
manufacturers and farmers alike, the lat
ter wifi be on a par with. the former.
Farmer More Successful Than Merchants
Because of the enhancement by virtue
of tilage and building improvements,
the same number of acres of land in a
given county in Iowa or Nebraska may in
1899, carry mortgages five times as great
as they did in 1879, and yet be in debt a