Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1896-09-03
for gold: London bankers are
among the most enthusiastic propa-
gandists of bimetallism.'

for gold: London bankers are
among the most enthusiastic propa,
| gandlsts of bimetallism.
A few questions about prices ex-
poses the RIGHTEOUSNESS OF the Stfor-
eign dictation" blather. Suppose we
adopt Bryan's "wise policy" how
would we be freed from this ssforelon
dlctation?' Will our farmers fix
their own prices for wheat and cot
! ton? In 1895 we weexported $545.714.-
375 worth OF agricultural products.
| 10 go into details, the farmers of the
United States sent across the wafer
Ga, 950,639 bushels of corn and 66,-
Sl4, 4,6S6 bushels of wheat besides the
Ia, ,52S, ,76l barrels OF -four which the
millers exported. The southern
planters sent 5, 5,519,121 bales of cot
ton, weighing 2,770,832, 1876 pounds.
Who fixed the prices OF these pro-
ducts? Did the farmers do it? Could
they, under free coinage, fix the Eu-
rOpean prices OF cereals or cotton?
And do not the European prices
fix the prices here?
Probably Bryan thinks our farmers
would Just eat everything up them
selves: lick the platter clean It is
case Of dog eat dog and is quite as
sensible. 1t is pitiful to think that
the full vote OF free American can
be Influenced by such nonsense.
There is, indeed, a kind OF British
influence that is spreading want and
sore discomfort in our country to-
day. 1t is the prostitution Of our
industry to British advantage which
was effected by the Democratic free
trade law. Take one example out OF
many. Last year the exports of
woolen coatings from Bradford, the
center Of the wooden industry of
England, to the United States
jumped IN value from
81, 100000 to 81, 100000.
During the same period the exports of
s'stuf goods increased from $2,20O.-
900 to $8, 100000. The value of the
total exports from Bradford to this
country in 1895 was $4,000, 900,
against $8, 200, 900 for 1884.
These figures tell the story of the
failure of the Democratic tariff law to
encourage the woolen industry of the
United States. When that iniquitous
measure was under discussion in Con-
gress its Democratic advocates claim
led that the free wool clause would
give wonderful impetus to the man
ufacture OF woolens in this country.
That was the reason why it was pro-
posed to rob the American wool grow
ers Of millions of dollars every year
by depriving them Of the protection
they had formerly enjoyed under Re
publican tariff laws. It was also said
that under Democratic free trade in
wool it would be possible for every
man, woman and child in the United
States to wear woolen clothing, be-
cause it would be cheaper. Every
one knows that there has been no de-
crease in the price Of good clothing,
and no class of the American people
has received any compensating bene-
fit as a result of the running of the
sheep raising industry.
Thus far the only people who have
been benfted by Democratic tariff
legislation are the stockholders of the
sugar trust and the foreign manufac-
turers of products to which the mar
kets of America have opened. This
is style of British influence that
should be, and must be corrected be-
fore we can have our old prosperity.
Every one knows this, and no one
better than the Populist- Democrats
themselves. For that reason they have
side-tracked their miserable free trade
deception and are now holding up
their shiny free silver jack-o'- lantern
which has even more of the elements
of debasement and ruinous deviltry
than free trade ever had. A tourist
writes of the effect Of the free silver
craze in Europe: E'This movement
has created widespread distrust of
our credit and sense of national hon.
Or. It only goes so far now as to
check the flow of foreign capital to
our country for investment in the de-
velopment of our resources. If it was
believed the movement would succeed,
most American securities held abroad
would be thrown on our market for
sale, and the money withdrawn from
us and taken to the other side for in
vestment there. One singular effect
of this distrust has been to give un-
precedented prosperity and employ
ment for capital and labor in Great
Britain. Everything which will en-
ploy capital and labor is pushed with
feverish energy. Money can be bor-
rowed on account of home investment
at very cheap rates, while it is almost
impossible to secure it for America at
any rate of interest. Mllnicinalities.