Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1896-08-04

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going down in prices. What is
the consequence? Failure, either
partial or may be, if unable to
pay the interest on his mortgage,
total with the loss of the $4,000
he put in in the first place. Now
why did prices of agricultural
products fall in price?i
"You raised too much, over
production, says some ignorant
street corner dude.
Overproduction of bread stuff
while people are starving, you
say? Queer isn't it? But the
government statistics shows that
there is no overproduction of
cereals in the world, in fact less
production per capita than 10 or
Is years ago Of bread stuff.
1t cost less to raise wheat now,
says another wiseacre, who shifts
his nose at the sight of a stable!
If you cross question him how he
gained this valuable information
he will probably tell you that he
read it in the Pioneer Press.
Now if it cost less to raise a
bushel of wheat now than former
and so much less that the farmer
can make the same profit now
for the price he gets that he
could formerly the farmer ought
to have the same net balance Of
profit now, as formerly. Ask
any farmer if such is the case?
Nay more, ask any farmer,
actual farmer we mean, how
much less it cost to raise wheat
now than 10 or Is years ago. He
will tell you it cost as much and
more now, by virtue of exhaust
ed soil to raise a bushel of wheat
than it did than. Now then if
tits not overproduction, nor les
lened cost of production that
knocks down prices of farm pro-
ducts to less cost of production,
what is it then?
Answer you gold-bug, if you
dare? But you dare not answer
this question, SO we will tell you.
It is scarce dollars. It is the
single gold standard. It is be-
cause the natural money supply
has been lessened one-half. 1t
is because, you have persuaded
Uncle Sam to refuse to coin silver
in money. It is because the
farmer has been deprived of his
constitute onal right to have silver
coined into dollars to pay his
money obligations. He can trade
his wheat and meat and other
product for as much silver as
ever before, but this does him no
good, as the government will not
coin it into money. His money
supply is now limited to gold
only, and gold is owned by a few
persons in the world, and they
can give him for his products
just what they are of a mind to,
That is the sum and substance
of the cause of low prices of farm
products and the ruin of the
farm industry, and soon every
other industry with it.
Now as long as the single gold
standard continues, farming and
every other industry except
money loaning and that will soon
be bursted tbs simply specula'
ton, and an inevitable loosing
speculation at that.
T. The single gold standard, as
John G. Carlisle truly said: in
1878, is more destructive than
war, pestilence or frmine. Yes,
worse than war, actual horrible
war. We know what that is
from actual observation. SO
did John G.. Carlisle. War has
it's redeeming features. and it has
an end. But this horrible gold
standard cornered money supply
with it's neverending bankrupt
cies, blasted hopes, blighted
homes, ruined prospects, and its
:campf blowers Of forgeries,
thefts, murd ers. suicides, over
crowded insane asylums and aim
houses and general "a degradation.
and ruin that is too horrible to
contemplate, g .. &.