The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1896-10-22
THE FACTS IN THE CASE,
The Searchlight OF Truth Turned on
one ot Bryan's Assertions.

Louisville Couricr-JournM (ncm).
Prosperity has never followed the
gold standard w. J, Bryans speech
at Covington, Ky, october :,
What are the factsS
The total wealth OF the United states
was SSO,O6S. .5lS5OJ In 1870 II was S6A,
OS1. .Osl. 1871 In 1890, An Increase OF over
100 per cent under the gold standard,
The wealth per capita OF the United
States was $3.50 In 1870, It was Si,OSs In
1890 An increase OF " per cent under
the gold standard,
our foreign trade increased from 1873
10 1890 "a per cent under the gold stand
ard, In the same time the trade OF
IGrcat Britain increased only % per cent.
The coal production of the United
States increased from 6S,S2s, $50 tons In
1850 To ltO.SSe,1s9 tons In 1880, an in
crease OF l2l per cent under ten years
OF gold standard,
The iron production ot the United
States Increased from s,7ii,S5S tons In
1879 to 9.sOs. 7OS tons in 1880, an increase
OF sS5 per cent under eleven years of
gold standard.
The savings bank deposits OF the
United States increased from S649,Ni.-
S5S in 1870. to $3.50. 597 02S In 1895. an
Increase OF about $50 per cent under
the gold standard.
The number Of depositors in the saw
ings banks OF the United States in
creased from i.6SO.SI6 in 1870 to LS75,-
5l9 in 1895, and their savings per capita
increased in the same time from Si4.s6
to s25.SS.
The public debt OF the United States
was 1899. 5l7324 in 1880. or $3S,2S per
capita; in 1880 It was only S9lG962,li
or Sass per capita reduction of
more than so per cent in the total and
OF 81 per cent in the per capita indebt-
edness-under the gold standard.
The state debts OF the United States
amounted to $eOl, ,5OO.6Il, or $5,79 per
capita. In 1850: in 1880 they amounted
to 1882, S36. $50. or only $3.50 per capita
The net federal, state and county in
debtedness in the United States was
81, 1886, ,949, ,O34 in 1850. or Si6.59 per capita;
in 1880 1t was Sl.2Si, ,O2O. $40 or $50 % per
per capita-a reduction OF so per cent.
Farm property. including lands,
fences and buildings, were valued at
IS, ,262 ,OOO, 900 in 1870. and had increased
to 3279. OOO, 900 in 1890.
Farmers owned 1886, 100000 worth Of
implements and machinery in 1870, and
S4g4, 900 worth in 1890
Farm live stock amounted to Si.j25,-
CoO.oOO in 1870, and to S2,2cS,OOo,Ooo In
1890
Acreage OF farm lands in 1870 was
4O7, ,735,O4l. in 1890, 623,2lS,5l9-an in
crease Of over 80 per cent.
Building and loan association de-
posits were Of little consequence In
1875; in 1892 they reached total Of
$500. 900 900, and in 1896 amounted 20
$500 OOO-all under the gold stand
ard.
The exports from the United states
have increased i34 per cent since ls72-
under the gold standard
Farm products-grain, cotton. tobac- |
co, meat, live cattle. sheep and hogs
were exported in 1872 to the amount
Of 1858. 9O6.6S7; in 1892 $754,4sOs43 worth |
Of these articles went abroad.
Freight rates on wheat from Chicago |
to New York have been reduced from |
1919 cents per bushel by lake and ca
nal in 1873 to All cents in 1895; from |
1872 cents. all rail. in 1873, to 1917 cents
all rail, In 1895.
Average wages in manufacturing in
dustries increased from s32S in 1870 to
s4S4 in 1890, or 80 per cent. (see census
The purchasing power OF wages at
the same time Increased from 1l41 in
1870 to 172.l in 1890. taking 1860 as a
basis OF comparison at 100.
A one-horse plow that cost 64 BUSH
els Of wheat, or 1871 bushels Of corn, or
q bushels Of oats in 1873. could be
bought in 1889 for 3.8 bushels Of wheat,
s.5 bushels Of corn, or 11.5 bushels OF
pats.
A binder that cost the farmer 277.7 /
bushels Of wheat In 1873, could be
bought for 1S49 bushels In 1889.
A one-horse cultivator that cost 6.S
bushels OF wheat in 1873. could be
bought for AZ bushels in 1889.
A 'two-horse plow that cost 176 bush
lis Of wheat or 52.9 bushels of corn in
1873, could be bought In 1889 for 1877
bushels Of wheat or 31.2 bushels OF
,orn.
The volume OF money in circulation
n 1872 was $73S, ,3O9, $40, or $1S19 per cap
ia, including deprecated paper in
1886. June 30, 1t was $1,5O6, ,631 ,O26, or
2llO per capita. Counting the money
n the treasury there was in the United
States in 1872 $3.50 per capita, which in
1876 had increased to $32.S6 per capita.
Money has Increased in supply so
much more rapidly than the demand
hat interest rates have declined Is {
er cent since 1873. (
No other nation on earth can match (
his story Of progress