The farmers' union. (Memphis, Mo.) 1891-1895, 1894-10-04

| mOnetiZation it has no part in measur-
| ing wales of anything, but it itself
| measured in value by gold. Thus
measured the silver in the silver dol
dar is worth just about 80 cents. But
if, as prior to 1873, silver and gold
were jointly the measure of values,
would not the unit of value be the
mean of the two? To obtain this mean
we should have
Gold 100
Silver 30
l55 divided equal II /
as the value of our standard of values
| estimated on the present single stand
| are gold basis, Il figure which CORE
spends fairly we'll with though some
what above the average prices of prod
nets for the last ten wears as shown bv
the above table. This difference is
readily accounted for on account of
the enforced inactivity and under-con-
SUMPTION which result from the long
continued decline OF prices and con
seluent depression. SO also it will be
found that 10y striking an average be-
tween silver and gold ut any time since
the decentralization of silver, the result
will correspond with. but be some
what above the average prices of prod
ucts for the period.
1t is idle to reply to this that there
is now more silver money in existence
than ever before. or that there is more
money in circulation per capita than
in prosperous times, for as the presen.
legal status of the money of this and
other countries is defined, none of the
money eXcent the gold is ANYTHING
more than bills of credit; none except
the gold can be used as money of final
redemption. Therefore, the gold only
measures the value of mOdlties.
The burning question of the present
and of the future. until the error of
1873 shall be corrected, the hope for
escape from the continued presence of
the woes with which humanity is now
confronted, the issue before which all
others must pale, is the arrest of the
downward course Of prices with the
attendent losses and enforced: idleness.
Any honest and exhaustive ANALYSIS of
the situation results only in the pros
pect that the evil times must become
permanent upleSs the change which
brought them about shall be abandon
ed. Kansas Farmer
The Maine Election.
Republicans are growing like lot
OF bantam ronsters over the Maine
Election. They are claiming all sorts
of "majorlties ranging from $4,000 to
81. 900. The Democrats are not in it"
and "Populis's did not make as much
of showing as they expected" are the
the facts.
In 1892 the Republicans rolled o.
1913: the Democrats 1904: the Pow
ul@sts 2,3sl. The highest claims made
by Republicans is $4,000 a gain of s.
OF votes. 1t is true that the Dem
ocrats were not in it. Many of them
voted the Republican ticket-for
there is no difference between Dem
ocrats and Republicans. 1t is con-
ceied that the Populists poleld about
10000 to 1900" Let us take the
lowest figure 10000. This gives an
increase of 7,699 votes. A gain nearly
double that made by the Republicans.
The Republicans. according to their
own figures gained only abou, eight
per cent: while the Populists increased
their vote over three hundred per
cent. II there is any "glory" in this
sort of showing the Republican
shouters are welcome to it. There is
certainly good cause for Populist re-
joicing.-Chicago Sentinel.
Who Owns the Land:
Millions of people in the United
States have no home, and yet we have
room for comfortable and commodious
homes for millions of people more than
We have. It is pity that our vast
domain was not handled differently
from the beginning. Only in recent
years has the necessity Of saving the