The farmers' union. (Memphis, Mo.) 1891-1895, 1894-12-13

cotton Is Selllnr III l'aiiuS. 1tAaS, III
3 cents Il pound. Is it at all remark
able that the cotton raiser of the Lone
Star state is voting the populist ticket?
How can Il man support IL family and
himself. pay taxes and Gluidate any
Indebtedness which may have been
contracted by raising cotton ut SO low
a price? 1t is an utter impossibllity.
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 so. his gain will be
of benefit to all producers; for the in
terests of wealth-creators are mutual,
product by wholesome Legislation
means Il corresponding rise i'll price of
other products.
The legislation mostly needed by
the cotton raiser is law restoring
silver to the position occupied before
decentralization was brought about.
No other enactment will affect the
price of cotton, and of wheat AS we'll.
as greatly as that winch will give the
country free and unlimited 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 rulnously
low prices How prevailing.
India 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 i'll our money and Is legal ten :
| der for all debts. The cotton and
wheat lands of that Oriental country
are owned 10y English syndicates and
the work performed by natives. who
use the crudest of implements and re-
ceive as low as L. cents per day.
Hence the cost of production has been
| reduced to the minimum. For a bush
ii of wheat the British svndicates re-
| ceive about two and one-half rupees.
| These rupees are coined from silver
| bullion purchased i'll the United
States. the cost Of which is about 63
cents an ounce and which is the
amount of white metal contained III
the two and one-half rupees.
Liver DOL fixes the price of Ameri-
can cotton and wheat. She says to
us: I'll pay You the same price that
India receives. pay the Indian wheat
grower one ounce of silver for a bnshel
of wheat. The ounce of silver costs
me G:} cents. Silver, You know, is way
down in price, the result being that
get Indias wheat at I low price, but
! YOU tthe Amcricans) shall receive the
same amount-once ounce CT silver, OF
what it costs per bnshel, the freight
to England to he 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 tina,
such issues will in no manner what
ever raise or lower the price paid b,
Great Britain for cotton and wheat
produced in India. Free coinage o
silver is what is required free coinage
OF silver is what is wanted and fire.
| coinage of silver is what the colt or
and wheat raiser is determined shall
| take place. -Nonconforlnist.