The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1896-08-22
Who Has That Money
From the pbiladelpbia Farm journal.

From the Philadelphia Farm Journal.
We desire to know if you have found out Who
Has That Money?
| Last month we stated from official records. that
the farmers of the United States owing a shrink
age in prices, received SJO0,OOO,OOO less for their
grain, tobacco and cotton crops last year than IN
1892 This is very large sum to lose in one year.
but does represent the shrnkage in the prices
of their live stock fruits potatoes and other yege-
tables butter and cheese, poultry and eggs, which
amounted to nearly as much more. Therefore,
having had no satisfactory answer to our former
inquiry we again ask, Who Has That Money?
Since 1873 the value of farms in the state of New
York shrank one-half, entailng loss to the farm
ers of that many hundreds of millions of dol
| lars. In the other Middle States, in New England
and the central West, a similar shrinkage if not so
great has taken place. We want to know also,
Who Has That Money!
| VIII no one give a correct answer to this ques-
ton? The leading organ of the London money
| getters of town recently attempted to do this
and informed the public that nobody has it, that
while the farmers have lost, one has taken it, no
one now owns it. How's that? We supposed
there was at all times just about the same volume
of money in the world; now that money was earn-
ed by the farmer and belongs to him. yet he has ii
/ not; therefore, where is it? WHO HAS THAT
| MONEY?
1t is principle of physics that nature abhors
| vacuum; yet all that money is gone and nobody
knows where. This is very strange!
O, yes, Western competition has reduced the
4 prices of farm products in the East, and brought
down farm valuesl Then that money must be in
the hands of our Western brethren. They must be
very rich indeed. But are they?
We requested the worthy Candidates of the grcaI
! parties to look around among their neighbors ana
| see if it could be found there They all said not
| IT is lodged the citizens of the mountain
states nor can It be found in the shot bags OF the
prairie farmers; the whole Mississippi valley Is
/ bare of cash and the cotton planters of the South
! deny having seen il. Our Folks number full
million and half but not one in all that number Is
able to identify the holders of that missing wealth.
| We have applied to merchants, manufacturers pro-
fessional men, mechanics and hired men an III
vain Not one can tell WHO HAS THAT MONEY!
Now the Farmer wouldn't mind the loss much
if he was that he will not be required 10 CON
tribute like portion of the fruits of his enterprise
| and toll the present year to the same unknown
party parties; but they really do not feel able TO
lose any more. Therefore it is important TO know,
without further delay and II is our business to ma
| out for them Who Has That Money?
We have not confined our search to this CONT
nent alone but have looked for tidings OF that
money in other lands. Seeking for information IN
the columns of the London Times, the great organ
Of the London money getters we came across an
| editorial that may throw some light on the mys-
/ terry of the lost money. In plain type ana una
dashed phrase we read what follows
n. seems impossible 10 get 5imeials to understand
GENEPAL RISE IL prizes has No GIE4RlfS IPIiAT;
| EVER. We like them L0H, aud The LOWER TIE
| BETTER. u they al icet doca 10 HALE helr
PRESENT FIG URES should rejoice because ue mare
| NOTHING TO SELL, and great many things -
BUY For those rtO hare things 20 sell WE DO NOI
FEEL Any GREAT CONCERN"
| Nothing would please the American Farmer bet
ter than rise in prices, for he has things 10 sei
Lower the better may suit London, but It does nor
suit us But We are asked to wait until those PEG
pie for whom the Times speaks get ready for blmet-
allism a general rise in prices; but since tney
do not feel any concern for our welfare, we leaI
| that we shall have to to wait long time. En-
glands imports OF things she buys were SlOOOO1V9O
gre ter last year than her exports of things she
sells she Is going TO work her British gold stan
dard and compound interest game as long as she
can. You may like II; we do not
A cablegram from London TO New YORK news
paper July 1st stated that "the banks are iuli,
ehoked with idle money. There is now on dePoslll
in the bank of England alone more than s25oUOOvoV
more money than was lying there nine months
ago"
VIII the above extracts serve to throw ilght on
the all important and burning question
WHO HAS THAT MONEY?