The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-03-15


Committee Of Tie nssss Makss . Rspsn
o. Tie ssbiset.
The majority Of the special COM
mittee Of the house appointed to In
puire into the causes OF the prevail
mo agricultural depression has pre-
pared a report, in which It says:
ssIt is unnecessary for the commit
tee to enter into or dwell upon 'nc
fact that agriculture is depressed N
every branch OF the most important
industry, and that the values OF lana
and farm surroundings, unless un-
der exceptionally rare conditions,
have deprecated steadily Is sne
purchasing power Of the dollar has
Increased. But while the value OF
nropertv owned by the Amer'can
Farmers have decreased in thirty
wears from nearly one-ha!f OF tne
lItotal wealth, in 1860, TO less than
tIone.fourth, in 1890, Of which ~ per
cent. is now under mortgage, ta1ss
a have steadily increased, and deots
s now require four times the labor 20
he Maid OF that was then required.
8 The purchasing capacity OF the dol,
eliar to secure the farmers land ana
9 his produce has increased Tour iolo,
S. while the power TO pay ms al
" and debts has remained at stsno
We st;ll In 1873, wheat sold rom
n s1.55 to 1925 . bushel: In New !,
We York in 1894, it sold at SO cents;
en- Discussing the cause OF 'ne us.
'er preston, the committee says;
no tClass legislation Of the s' wors'
tu- character incumbers the stasus'
rn- hooks and has been carried on Z
Of the detriment Of agriculture ana ~ y
m. dependent industries tor tnir.
eat years eliminating in the crime : !,
n q The aee. the demonstration OF ~
- ver w In 1873. The demonet!sasio
of silver was q bold stroke IN u
interests Of capital that has reoucs !,
eat the the value Of every product IN =
an world. This is conclusiveiy prov
son hv the fact that Just as silver .
arge Ssnrec;ated in like proportion ha
ago ali other values fallen in the sea
llers Silver bullion to-day has the caps !
nent ity to purchase as much wneas' :
rallyt ton pork. and corn, and land,
tally ~ svs,y other commodity that it 9
!, as had therefore, the depression OF
iness white metal simply means the
that nreciation Of every article under
the sun with one single exception
rning gold Of Shylock.
ynee. equal, but, as for the past .n
900, wears administered in this coun'
y the IS most unjust to the consumer
nabil- has built up trusts, combines
hem. n;oantic % corporations, that have
ottom only obtained immense ~s..;t . !
Mr.. the expense Of the people, but ! :
coun- assumed to control and direc: ie
other iat;on 40 as to perpetuate their J
IN to a. and crafty their greed; Ihe
E their = e;e - with undue weight U
II, the 49,. - v~cducer Of agricultural stat
Il the w to-c.s him not only TO bu
News. this market, but to sell IN
competition ~ with the worlds 10
10 Inc Inc nrices. Agricultural dePressio
! s',1 I.r ~ still further augmented oy INC
.s;c Ia Of futures on our stock eAcn..
,cra1lc ~ where the grain gamblers grow
ldence ~ farming the telegraph wires
T 1oor ,,:.. Ind while the honest
! n.nS|industrious toiler on tne P''
", :, I ds reaps the whirlwind. Fooo
'ial ue terations add millions annus
ponoeu 81 the farmers loss and comPe! =
ggs al meet in competition the thiei
z ..,S aurh. :. these might be added other g
VII, w = hut the principle ones TO wnl.
&c ~ ~ riculturai depression ana 8
LEV t;on IN trade Is due have been
"The remedy lies in rel
ohm B. Legislation, and until sns'
gnment cured, relief VIII no' cc'i'e = I
editors. nently. To secure reliel, =
the firm cest il) That silver be reno. emo
- Of the - the ratio Of 16 to 1; Cd
he town. long as the present unjust .
t about lequal system y!
he same ues, that agriculture should :,
the as-lits Just proportion, ano: :. !.
MS State mot be secured oy aPro'eos''
Inabilitylthat bounty on exPot0
them is sltural staples shoula uc :,
similar 70 that on nsn N -. :
vh;cb John c. Calhoun vot
.has Gambling in futures Oh
It has ap- nrevented by law; (4) tina
in new t;onal pure food law shoult
Iunting acted. -
/ sudden ~
and de- Jack listened with rs..
ood near. Ito the soft purring OF nas ~