The Caucasian. (Clinton, N.C.) 188?-1913, 1894-11-08
ELECTION NEWS
GIVEN IN FULL
uN THE SECOND AND THIRD
PAGES uF THIS ISSUE

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\ When congress adjourned Two
, n"atas age, the people werr told by
'hr politicians aua tne subsidized
"fr-> 'La' 'av passage uf the tariff
tlt NnH4a bring a revival "a hnxte..-..
. aua lHai jhe country va~ then anon
/ ,hr E"rg" ot an ara of auprrvr,ieut-
. Ell prosperity.
-" democratic politicians, both
. "H ihr stump sud ILrcust lhr urr.z
|n~" congress Hl l.uurusa. Ha,. ap
( l"HtsI O." the people tsf E.u44yats.u
in ihe coming election un Ga, grauad
mat tine repeat OF the purchasing
claus" Of the sherman law. and the
repeal of tho Mckinley JarH Law
would nov produce great lrsival uf
( business, and that universal pros
p'rty was actually al hand.
ou the other hand. the populistS
have claimed all along that the tarR
question Wa cutting Nrrv small
hEnTe " amy at AN lu business lc-
prcs~1"n THAT has for year, aud Is
slH vur>lng our country, bat that
ihr trouble lay iu tue destruction of
our currency. AMI puttlng as upon a
single gold standard
Every man who has studied the
question, knows that this depression
began away back with the resumption
act. and the demonctlzAtlon of slITrrg
and there hc locHtts the causes that
have produced thls depression. and
knows that these causes must lo re-
moved before We can have any real
prosperity. ANY kind of tlnkcfiug
with the tau1 fails la bring this
talked of revival simply because II
IS not the prlm" cause OF the trouble.
The truth of the matter Is the two
old parties have made wrong dag
noSls ot the ease. The democratic
party has pulled the wrong tooth.
Ii has pulled the tariff tooth when Il
should have pulled the money tooth.
II has left the patient with the pam
caused 10y the pulliug, aud also the
original ache, and the patient il nov
suffering from two pains instead of
one. The subsidized press, ln their
continual bowling about the great
prosperity that l. just about To- dawn
upon rs, reminds one Of the prover-
hial boy who whlstlcd while passing
the graveyard to keep up has cour-
age.
We knew, all time that thls prrdIr-
ton of "A great revival Of prosperity
after passing the tariff bIIl. was a
false alarm and have taken the pans
to watch developments. TA.r, la 90
prosperity IN thus country aud can
never be SO long as lis pr bducttyo
interests are depressed and hampcrcd
by falling prices. As "A rule, none
Of our people can really toe prosper
Gus unless the great agriculture
people are prosperous agriculture
being our prime source OF all our
great wealth. Tins being fact.
one naturally turns to these great
agricultural interests as thcrmom-
eter which Indicates the rise and
fall Of our prosperity.
The following market reports tell
the whole story. shows the quota
tions in New York aud Chicago on
the first day September aud 20th Of
October.
Figures furnished by Silsby X Co.,
bankers and brokers, stocks. bonds,
grain, provisions, aud cotton. Met
ropolitan bank building. Washing
ton, ID. c., are:-Lowest quotation
for Sept ], 1891. Wheat 53 II;
Corn - II; Oats % -; Pork Sl3,.
-; Cotton, New York quotation 6.Gf.
Quotation furnished by same firm
for oct. 20, 1894: Wheat II II,
corn 10 5-S, oats y IS, pork l2.25,
cotton, New York quotation 5.jl.
a glance at the above shows that
during the past SIX weeks, when we
were to expect the great revival,
wheat has fallen two cents per bush
el, whics on an average crop of 400,
900 900 bushels, means a loss to the
farmer of $1,000. 900.
Cotton has fallen one cent per
pound. which means loss of 90
O00, 900 dollars to the cotton raiser.
allowing that the present crop is TO-
OOU 900 ba es of 900 pounds each.
Does it mean prosperity for our
wheat raisers - loose 5000, 200 dol
lars on the price of their wheat in six
weeks. and the cotton farmers 30
900, 600 dollars on their cotton during
the same time
Eemember that this is the time of
tho year when in three months "A
large proportion of the business of "A
whole year is transacted, and per
haps more business is beng done
than there was some time ago, but
the figures show that thus business IL
being done at "a loss to the producer
and j. no indication whatever that
there is any revival of prosperity.