Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1894-09-16
Farm Nrortt,., osb..

he Denver News shows the evil effect
VI the denomination OF silver ms
siov in the increase OF private in,
ieb'e Inc g sin e 1900:
The evils Of silver's demon ,tization
We e felt soonest and with most sever
~ by the agricultur Il in lustry. This
IccoIn!s for the very general revolt
lmong farmcrs against the Rcpubli.
.an party for prccipitating an era Of
i1w prices by debasing half of our
primary money and against the
Oemocarsic party for it, subse1uen
20 cooperation in the act. While the
cuinous consequences OF this sur.
-cnder Of America finances to the
rcpncity of usurcrs is now being felt
~ all the producing classes. it's cf.
feet on agriculture has been decimi-
mating FOR the plst ID years
The condition of farmers, rs the
result Of vicious legislation by the
Republican party, constitutes for
m;dable obstacle to the return of that
pr to power. Ii &C talent has
bc III employed by the Eastern mon "
ring to manipulate and fllsify the
statistics Of the last century, the pur-
prsc being to make it appear that
farmers are as a rule prosperous and
owe little or nothing. Wa have the
result i'll cooked up statement
which is & 1ing the rom Is of the press
and is really Il Republican campaign
document and villainously destitute
of truth. The stat ,ment viii pas at
its true value i'll the mortgage homes
of our ar.ning population. There are
two pertinent facts we'll worth noting
III this connection, winch can be yer.
'iiied by reference 10 the Porter
census. The first is that about one
hall of the farm homes Of the United
States hal become tenant holdings
upon the Europe III plan at the close
of 1889. whereas only m1icty or such
no mes wee ill the possession of ten.
ants in 1870. This sisnif can't and de-
| plorLble ch Inge, wi IN the ruin invulv.
ed, was mainly the result of cnfor ccd
indebtedness and inability to pay be-
cause the means Of payne 1t was cur.
tailed by financial legislation that was
inspired i'll Europe.
The other pertinent fact is that the
decade cover ii 10y the last census
sho NJ an increase i'll the private in
debtedneSs of our country of an as
! tonishing amount that in Itself dem.
onstrates the hollowncSs Of the so.
called prosperity Of that period. The
census uf l5sU gave the private in
! debtedneSs of ihe United States as
SG,jOU,ujJ,OOJ. The Por.cr census re-.
porSs II private indebtedness of So.
! 5Ou,Ouu,UUu, an increase in ten
years of Sl3.OCO,UO0,UUU! How is that
for the outcome Of Republican lcgisa-
zion, Dy which, ns Don Cameron put
1t to the Republican leagues, Amer.
lean finances were surrendered to tho
dictatlon OF II conspiracy Of foreign
and American money lenders! Bcar
i'll mind that the enormous burden of
debt stated does not include any
state, county, township or municipal
indc ytcdness.
Now for II word about the financial
condition Of agriculture i'll the West
at the c,osc Of 1889, taking for OK.
ample five representative Western
states. The figures are from Porter 8
80 isuI. Illinois hal 507.2l7 mort.
sdgcs amounting to s35I.2JJ.l5U
iowa, 2j2,jJJ mortgages aggregating
sl0J.Tl,l7l; Missouri, mortgages
l0L,U2S, amount s2l4.G09,772; kan.
tas mortgages, 293,S5u. nnount s2lJ..
Iil,S-G, Nebraska. l55,IJi mortgage
amounting TO sl3l,vVt,JL2. Total
mortgage debt Of these hve states, 81 :.
1lT.7JI.2il.
The people must not be deceive, 1
by fnl "cIoua accounts Of tho condition
Oi tho country. Better face tho grim
tru,u and ,Umblnc for u TuIncLs.
Ine rntliIcSs cOnuItIOn ut,ge stLd by
the foregoing figures was fastened
upon the i"tIOn ny organized wealth
| III CuItisIon witn the CuntruiIing
spirits Ui tho tivpuDICan pdrty.
Iicntc tho responsibilities rests wi,ll
the RepuDllcan party III NJ fur as an
accounting can uc NAT Dy the Amer.
| ciltl Dp,,lJ,,,.