The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1896-10-28
WHEAT GOES UP,
SILVER DOWN.
Nature Furnishes a Con-
vincing Object Les
son For American
Farmers.
BRYAN'S CLAIMS UPSET.
Wheat Has Been Going Up and
Silver Down Since Bryan's
Northumberland For
This Significant Devel-
opment : Facts For
Wage Farmers.
BRyAN'S CLAIMS UPSET.

The most significant development of the
campaign has been the invinciblo argu.
ment advanced in favor Of the principles
advocated by the Republican party by the
recent rise in the price of wheat and the
accompanying decline in the fall of silver.
1t is II knockdown blow for the Bryanites.
Their only attempt at anything in the ma
tuTe of u reply Is to assert that the gold
bugs have bought the wheat supply of the
world and are manipulating it for their
own purposes. But the farmer, who Is
most directly interested knows that this
boom is healthy one; that it Is duo to
natural, not speculative causes, and that,
as the decline in silver shows, it has no
more to do with tho rise or fall Of silver
than it has to do with the recent war be-
tween China and Japan.
Mr. Bryan has travelled 49, 900 miles try
ing to persuade the people-the farmer, the
laboring man, tho mechanic and the WACO
earner-thatthe price of wheat throughout
tho world is determined by the price of sill
yer; that the price of wheat has fallen be-
cause silver has deprecated; that the re-
cent rise in wheat is due not to the de-
mands of Europe and the failure of crops
in India, Russian Argentina, but to tho
alleged belief of the people in Bryan's cleo
ton.
All these arguments are completely dis
proved by the recent rise of wheat to Sc
cents bushel and the accompanying de-
cline in the value Of silver dollar to 40
cents
Mr. Bryan contends that wheat has risen
because people believe he will DO elected
He also says that if he Is elected the price
of silver will go up to 81 29an ounce. But
why is 1t that the same faith and conf
dence in his election which, as he says
have sent up the price of wheat have not
raised the price of silver, the commodity
In which Mr.. Bryan is more deeply
interested than anything else2 Why is
1t that wheat has gono up to SO cents II
bushel, and remains on an average Of
from % to 80 cents higher than it was
when Mr. Bryan was nominated, while sill
vcr has gono down steadily since the day
Mr. Bryan captured the Chicago conven-
ton, until now the silver in dollar is
worth only 40 cents? How can Mr.. Bryan
explain this except by taking refuge in the
hackneyed excuse that the goldbugs of
Wall street nlo booming wheat and depress-
ing silver?
The day before Mr. Bryan was nomi.
mated at Chicago silver sold at 6S1s cents
an ounce. Since then, in spite of the ef
forts of tho Bryanites and the silver mino
owners, whose combined wealth makes the
Wall street goldbugs seem pygmes by conf
parison, to Keep up the price Of silver 1t is
steadily declining, until it is now worth
only "a cents an ounce. During this same
period wheat has advanced from 54Is cents
a bushel to IS cents, an increase of 31A
cents! t--
Another claim of Mr.. Bryan and his fol-
lowers Is TINT the full in the price of wheat
in the last 20 years has boon due to the ap-
probation Of gold and the depreciation of
silver, and they have attempted to show in
proof of this that tho decline of wheat has
kept pace with the decline of silver Tho
fucts and statistics abundantly disprove
this assertion. 1t is u fact that both wheat
and silver have declined, but they have
not declined equally, nor in the same
years, for wheat has advanced In years
when silver has declined, and silver has
gained u few points without any similar
advance in wheat. The following table,
furnished by John Hyde Of the United
States department of agriculture, proves
this cOncluSivoly: