The Pioche weekly record. [volume] (Pioche, Nev.) 1877-1900, 1895-12-05
STARTLING FIGURES.
hi fhs.

What the Single Gold Standard Has Done
toward Impoverishing the Producers.
When the goldites are telling the
,rhlic that with the return of good
times s'the silver craze" will disappear,
thev are very careful not to convey
apy hint of what the gold single stand
ard theory has cost the country al
readv. The Western Rural has been
doiug some figuring on this subject,
with the following results:
MIR. Atkinson and Prof Laughlin
ca,ure us that low prices bring nation
al prosperity and that the farmer is
hotter off to-day than he was twenty
Years ago. But the figures do not sup
mort these eminent theorists. Take
thc various staples and contrast the
prices received in 1870 with those re-
reived to-day and the conclusion is in
oyitable During the five years, 1870
"a the planters of the south raised
8 $50, O16, $40 pounds of cotton, esti-
mated by the agricultural department
IN have been worth 81, ,49l, ACT, 900 For
,he five years, 1s9O-94, they raised 49,
r-9 o26 Os5 pounds, estimeted MS worth
100, 81, ,aY1. That is to' s8s cotton
had fallen over so per cent.-a total
loss to the southern planters of 81, ,8S2,-
9.241. The northern farmer in the
same period, 1s7O-74. raised 1,3O5, 961-
coo bushels of wheat valued at 81 ,461,-
15Q9iO, while for 1s90-'94 he raised q
3s3 800. l41 bushels, valued at 1,609,-
4Sl 676-a drop of 39.7 per cent. in val
ues and total loss of 81, ,o57, 5sl, ,ss4.
THE wool cup of the United States
for the years 1s70-74 amounted to about
500, 900, 900 pounds and was valued at
45o, 400, 900 For the years 1S90-94 the
total clip amounted to 1,456, 210, 3S4
pounds, but it's value was only $3.50, 7O6,-
97o-a total loss of fully 1851, 900, ,0O0
The cotton, wool and wheat growers
of the country alone, therefore, for five
wears have net loss of 1901, POI, II!
to charge up against the goldites."
1t will be noticed that while thu
product has enormously increased thu
money received by the farmer and pro
ducer is very little more than it wa
twenty years ago.
The gold-bugs will say that price
to-day are so much less than the.
were twenty years ago that the farme
does as we'll with wheat, for instance
at 25 cents as he did before when
was dollar. Granting that this
true of clothing and foodsthe farme
has to buy, although it is not, yet ar
the other expenses of the farmer less
If he borrowed 81 900 in the five year
1S70-75 he had to raise thousan
bushels of wheat to repay it an
twelve bushels probably for interes
To-day he must raise from 1000 to 4,0(
bushels of wheat to repay the prime
pal and from twenty-four to fort
eight bushels of wheat to pay interes
Does it take proportionately less whe
to pay taxes, insurance and 9th
similar expenses to-day, comparir
this period with that of twenty yea
ago? If it does, if bushel of whe
to-day is proportionately worth
much as it was in the '7O's, then pc
siOly the producer is no worse off.
IL will not, then he certainly is wor
Off That proposition is too clear
be disputed If the price of produ
goes down the creditor class profits;
it goes up the debtors are the gamer
Ehe Western Rural also points o
that this country has lost heavily fro
low prices and monometallisn in a
other direction, saying:
''Our government borrows money
prevent tho export of gold. Does t
reader realize that if prices of fal
products had remained where tn
were before demonetization we shou
have received from Europe alone Ia
year the enormous sum of S533, 000,C
more than we did receive from our c
ports, 76 per cent of which would ha
gone to the farmer? Demonetizati
robs the government both directly a
indirectly. This $50o,o0o, 900 was not
ing more than tax paid Europe at t
command of the gold brokers'"
1t is we'll for the people to consid
these facts and to decide If they w
vote to rob themselves to enrich
money lenders. Los Angeles Expire