The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-06-13
STARTLING FACTS
From the Census-Statistfcs That In
dictate n bad Future for the Toll
ers-Paste This in Your Scrap Book
and ReQd 1t Frequently.

From the Census-Statistfcs That In
dictate n bad Future for the Toll
ers-Paste This In Your Scrap Book
and Reed 1t Frequently.
The census reports of 1890 show that there
are on record In the Uuited States 5000 (
mortgages, which averages $3.50 each, max
ing total Of about IS, 900, 100000 The census
reports also show that the average value
of each farm in the United States has de.
preciated $1,62O; the average per acre of de-
probation since 1864 has been $28.
That in 1910 the farmers owned 80 per cen,
of the wealth of the country and that they
own less than q per cent In 1890.
Total number of farms in the United
States, APPS 955; of these 701 are rent
erS.
OF these renters. 702, 224 are compelled to
divide equally their crops with their land
lord, while the greatest share asked of the
British farmers is one-fourth
Over one million American renters, while
the homes of our people, the heritage of our
children, owned and controlled by for
eigners. Think of it-foreigners own go 900,
600 acres of our land-enough for farm of
100 acres for 100000 of our renters. Two
hundred and eighty-one million acres of our
land owned by railroad corporations and
syndicates-enough to make nine states the
size Of Ohio.
NHO OWLS the railroads: Inc money
power; composed principally Of English
lords and dukes. And yet we have over
a million American farmers without farms.
New York, with 100000 inhabitants, only
1900 own their homes. In Chicago, with a
population of 100000, less than ~ per cent
own all the real estate. From 1880 to 1890
the producers increased the wealth Of the
country so per cent-they increased it from
100000 to $50, 900. Who got the in
crease? In 1890 of the 5000, 100000 of
wealth in the United States, 10000 leading
capitalists possessed $3S, 260, O0O, OO0 leaving
$29 750, 100000 for the remaining 64,0Oo,OO0 in
habitants.
1t will be seen from these figures that al
though our farmers, artisans and other
toilers produced the increase of 500, 0O0, coo,
Co., a few capitalists absorbed most of it,
The wealth of the Vanderbilt family is
estimated to be $500, 10000; annual income al
Z per cent is $2l 100000.
The average annual income of our
farmers is 5000. To pay the income of the
Vanderbits requires all that 10000 farmers
can produce. If this thing is to go on for
a few years, a few thousand plutocrats
will practically own the whole country.
Think of it.; two-thirds of the wealth OF
the money changers is not assessed one
farthing for the purpose of taxation, while
the farmer who has mortgage on his
farm pays tax on the mortgage he owes
as well as on his equity in the land. The
ldiIHeIS OWH less IMAM Il per cent Oh Oul
wealth, but pay so per cent of the taxes.
The government has the power to force
every tax payer in the land to offer his
life in defense of this untaxed wealth!
dollar will pay no more of your tax
or debts now than it would in 1865. One
bushel will only buy so cents-will only
pay one-fourth as much on your tax OF
debts
The national debt Aug. 81, 1866, was
$2,S44,7 49, 626.56, on which there has beer
paid
on the principal. 81, s79 s74, III IS
Total 81. 410 231, 172 OF
The total debt July 81, 1892, was 1897, 37s,-
S35.13.
At the prices current in 1866 it would
have taken 1000, 900 bushels of wheat tC
pay the entire public debt of the United
States. After all the four billion dollars
that has been paid, at the current Chicago
price of wheat, it would take LII, $50, 00(
to pay the net public debt of July 81 1892
This is the way the farmer is getting out OF
debt.
While you have to raise four times as
| much grain now to pay dollar on your
taxes or debts, the money power piles uI
the dollars four times dS fast.
Commissioner Porter tells us in his elev,
enth ensus that the little state of Massa-
chusetts, from 1880 to 1890. increased it's as
sessed wealth 1863 81 S24, which was So.
100000 more than the nine great states OF
Indiana, Illinois, Iowa, Nebraska, Louisi
ana, Mississippi, Alabama and North and
South Carolina
And yet these nine states are more than
IS times large as Massachusetts, and
have seven times many people and twice
the assessed value.
If we add Florida, kentucky and Kansas
to the list maxim, twelve, the state of
Pennsylvania gained more than the twelve
If we add the two Nirginias and Tennes-
see, making fifteen, New York increased
it's wealth more than the fifteen.
The West and South produces most of
our wealth; New York, Pennsylvania and
Massachusetts get it.
About 95 per cent of the business of the
country is done credit The producers
of wealth must pay interest on this credit.
The total amount owing by all the bank
ing institutions Of the United States Q8055)
to depositorS in July, 1882 was 4, 603 844, ISL.
Total cash in all Of these banks at the
same date was: Gold coln S99,Sll,911; sill
yer, nicke1s, foreign coin, etc, S,211 ATS;
paper money, $349 694, 406; total $47S 1916, 693.
"Only enough money on hand to pay a
fraction over 10 cents on the dollar to de-
positors demand
If gold were the only legal tender there
would be on hand about two cents on the
dollar for depositors.
According to Secretary Foster. we have
of money of all kinds in this country at
the present time 81, 5SS, 7S1. 729. Our banks
alone have loaned out to the people Sc, 1903,
S51, 1893. Where did they get this money to
loan?
Reader, we entreat you to sit down quiet
ly and frankly look this question squarely
in the face. 1t is your duty as an Amer
lean citizen, as a voter, to do so.-Plttsburg
Kansan.