Marshall County independent. (Plymouth, Marshall County, Ind.) 1894-1895, 1894-12-14
Cotton and Weeat.

Cotton is selling in Dallas, Texas, at
able that the cotton raiser of the Lone
Star state is voting the Populist ticket !?
How can n man support family and
himself. pay taxes and Equidate any
Indebtedness which may have been
contracted by raising cotton at so low
price? 1t is an utter impossibility.
No sane man can expect to do so.
Something must be done, and no one
is aware OF the fact more than is the
southern cotton grower, and what Is
more he proposes from this time for
ward to do everything in his power to
better his condition. If he shall be
successful in doing 50, his gain will be
of benefit to all producers; for the in
terests of wealth-creators are mutual,
identical. The rise in price of one
product by wholesome legislation
means q corresponding rise III price of
other products.
The legislation mostly needed by
the cotton raiser is a law restoring
silver to the position occupied before
demonetization was brought about.
No other enactment will affect the
,rice of cotton, and of wheat as we'll,
as greatly as that which will give the
country free and unlimite coinage of
silver. Such Il law-would cause a rise
in the price OF silver bullion, the effect
of which would make it impossible for
the British buyer to purchase cotton
and wheat in India at the ruinously
low prices now prevailing.
Incia is Americas greatest cotton
and wheat competitor. She, like this
country, sells her surplus product to
England. The money of account in
India is the rupee, worth about 43
cents in our money and is a legal ten
der for all debts. The cotton and
wheat lands of that Oriental country
are owned by English syndicates and
the work performed by natives, who
use the crudest of implements and re-
ceive as low as II cents per day.
Hence the cost of production has been
reduced to the minimum. For bush
ell of wheat the British syndicates re-
ceive about two and One-half rupees.
These rupees are coined from silver
bullion purchased in the United
States, the cost of which is about 63
cents an ounce and which is the
amount of wEite metal contained In
the two and one-half rupees.
Liver, DOL fixes the price of Ameri-
can cotton and wheat. She says to
us: III pay you the same Price that
India receives. pay the Indian wheat
grower one ounce of silver for bushel
of wheat. The ounce of silver costs
me CD cents. Silver, you know, is way
down in price, the result being that L
get India's wheat at low price, but
YOU the Americans) shall receive the
same amOunt-Once ounce OF silver, or
what it costs-per bushel, the freight
to England to be paid by yourself"
The person who believes that an in
crease of bank currency will quiet the
cotton and wheat raisers of the coun-
try will sooner or later learn of his
mistake. Bank note imitation will not
materially affect the price of these
products, for it is most apparent that
such issues will in no manner what
ever raise or lower the price paid by
Great Britain for cotton and wheat
| produced in India. Free coinage OF
silver is what is required, free coinage
of silver is what is wanted and free
coinage of silver is what the cotton
and wheat raiser is determined shall
| take place. -Nonconform