The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1894-03-15
nNITHEEN IMMIG RATION.

Northwest with the attending suffering
and loss # lie, seem more severe than
usual this winter, and again provoke
the query why people should, and,
having chosen, continue TO live in such
a climate
The answer is, doubtless, that it is
an evil to be borne with, in view Of
the profitable results Of agricultural
pursuits in that section of the country.
Doubtless this has been largely true
in the past, but the conditions are
fast changing. a recent financial
article in the New York Times
contains the following significant
language.
The price Of wheat in Chicago for
May delivery has ySne down four cents
during the week, and yesterday made a
new record i'll touching sixty cents,
the lowest price ever known. As to
that, however, it was daily touching
the lowest price ever known, as it
declined from the quotation Of week
ago. Wheat is being as widely dis
cussed as it was in the spring OF 1884.
when the first great break took place
under the weight of India supplies.
India was then the new competitor,
and conceded to be permanent one,
with all that implied. Any one who
will turn to the newspapers OF that
time will see that the question Of India
wheat was one about which the public
was greatly concerned. 1t knocked
this country off the dollar basis. We
have now, Just ten years later, to face
the problem Of Argentine wheat, with
Australian wheat on top OF 1t. The
latter is not large, but coming on top
Of the other it is like the inch on the
mans nose. Argentine wheat looks
as if it would knock us off the eighty
cent basis to which we were pushed
down by India. To what new basis
viii Argentine push us: The in
dications are thatit will be sixty
cents. If growers of wheat i'll South
America can sell the grain at q
present prices, and it would seem that
they can, for they are constantly i'll
| creasing their supplies, sixty cents vii
have to be accepted as the new basis,
BY = basis is meant a figure at which
if one buys at that price, he is nearly
| certain to be able to sell again at Z
profit some time during the crop year
Also, Mathew Marshall, in a recent
article in the New York Sun
says:
How foreign competition affects the
remuneration of our labOrers is eX
hibited very plainly by the price Of oul
wheat. The wheat Of India, Russia
| Australia and Argentine has knocked
ours down to the half of what i
| brought few years ago, and The
prospect is that it will fall still lower
In general way the " wheat BASES
may be said to be the measure TO
pretty much everything else in tina
seCtion--and1he new figure will no
more than pay the farmer his cost o
production, if it does that-whllt
there IS no permanent improvement II
the conditions possible.
Ii then, in addition to the terrible
climate, comes the difficulty of maxim;
livelihood from the crops that can b.
grown, the time seems ripe for move
ment to more favored localities, ant
this is the opportunity of the South
particularly the middle South-Nir
gina, the Carolinas, Georgia, etc.
While it is true that the price O
CO ton has reached low point, We
the best farmers, who raise cotton ant
other things-corn, hogs, cattle, etc
say it thus pays well. Moreover, il
the section described, almost ever
variety of crop can be and is bein!
grown and marketed.
The climate will allow outdoor worl
the year round, with practically n,
winter feeding or housing of liv
stock.
The country is sufficiently served b.
railroads connecting it with al
markets, North, East, West ant
toreign-while manufacturing interest
are rapidly sprlnging up, giving
home market for agricultural supplies
The amount of food products 70
man and beast produced by the Soutl
in the last few years, is astonishing
and as the supply was previously draw
from the West and Northw est, thi
unerring sign of prosperity for tn
South reverses the position in the Yves
to the extent of diminishing the .grea
Southern market fer her products.
There is room in plenty, and
hearty welcome foT the thrifty, indus
trlous and capable immigrant or settle
from the Northland, with prosperit
and success assured as a result of tn
same determined, intelligent ant
careful efforts which at present seen
to count for little under his forbidden,
surroundings.
The South need not turn to Europ
for immigration to fill her spare room
Let her make known her advantage
to our own peoples in the great North
west, and, indeed, in the New Englan
States as well, and tempt the thrift
the energy and the intelligence c
these sections to come 10 her, an
thus obtain we'll prepared an
valuable addition 10 her population
her citizenship and her wealth
Let the State governments, railroad:
manufacturers, and all interested j
the development of the country, pit
forth their efforts in this direction, an
the best results must be obtained.-
New York PiI0t.
The Magazine World.
Home and Co,tntru for March is we'll iIlu