The farmers' union. (Memphis, Mo.) 1891-1895, 1894-11-08

he paid but $4,000 to campaign
fund. We hope Commissioner PuSh
will let no guilty income escape.
Prices Declining.
A Washington correspondent of the
Chicago Express SAYS: When Con-
gress adjourned two months ago, the
people were told by the politicians and
the subsidized press that the passage
OF the tariff bill would bring IA revival
of business, and that the country was
then upon the verge of an era of UNI
preceden,ed prosperity.
The Democratic politicians, both on
the stump and through the press since
Congress adjourned, have appealed to
the people for vindicatlon in the COM
ing election on the ground that the re-
peal of the purchasing clause of the
Sherman Law, and the repeal of the
Mckinley tariff law would now pro-
duce a great revival of business, and
that universal pros! erity was actually
at hand.
On the other hand, the Populists
have claimed all along that the tariff
question was cutting very snail
preston that has for wears, and is still!
cursing our country, but that the
trouble lay in The destruction of our
currency, and putting us 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 decentralization Of silver:
| and there he locates the causes that
have produced this depression. and
| knows that these causes must be re-
E.oved before we can have any real
prosperity. Any kind of tinkering
with the tariff fails to bring this talked
: of revival simply because it is no. the
! prime cause of the trouble. The truth
of the matter is the two old parties
have Rude a wrong diagnosis of the
case. Ihs Democratic party has pull
+ tariff tooth when it should have pulled
patient with the pain caused by the
pulling. and also the original ache.
and the patient lis now suffering from
two pains instead of one. The sub
sidiZed press. ill their continual howl
ing about the great prosperity that is
! Just about to dawn upon us. reminds
one of the proverhial boy who whistle
while passing the graveyard to keep
up his courage.
! We knew all the time that this pre-
/ uictlon of a great revival of prosperity
after passing the tariff bill. was IL false
i alarm and have taken the pains to
watch developments. There is no
/ prosperity in this country and can
never be SO long as its productive
/ interests are depressed and hampered
10y falling prices. AS a rule. none Of
! our people can really be prosperous
! unless the great agriculture people are
! prosperous, agriculture being our prime
source OF all our great wealth. This
! being a fact. one naturally turns to
these great agricultural interests rs a
| thermometer which indicates the rise
and fall of our prosperity.
The following market reports tell
the " hole story. shows the quo atoms
in New York and Chicago on the first
| day of September and both of October.
Figures furnished by Sll>hv X Co..
bankers and brokers. stocks. bonds.
| grain. provisions anu cotton. Metro
politnn Bank Building. Washington.
| -. c.. are: Lowest quotation for
Sept. |. 1894: Wheat. 53 corn. 80 :
oats, 2?t pork. Sl3.32: cotton, New
York quotation. t.6l.
Quotations furnished b. same firm
for Oct. 20. 1871: Wheat. 5lt: corn
5os oats. ga: pork. Sl3.23: cotton.
New York quotation. 81.
\ glance at the above shows that
during the past six weeks. when We
We're to expect the great revival.
wheat has fallen :. cents per bushel.
! which. on Al average crop of 400. o0O,-
900 bushels. means loss to the farm
er of oS.ooO.ooO.
Cotton has fallen | cent. per pound.
which means a loss OF Sou.OUo.O 900 TO
the cotton raiser, allowing that the
+! present crop is 10000. 900 bales of 500
/! pounds each.
Does it mean prosperity for our
wheat raisers to lose IS. 900. 900 on the
price of their wheat in six weeks. and
the cotton farmers so. coo, 900 on their
cotton during the same time?
Remember that this is the time of
the year when in three months large