Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1896-08-27

wheat II COuAQ nave Dc61 discharged
in 1856 by the payment of one billion
seVen million bushels; then 1t was
nearly three billion dollars. To-day,
when il is in the neighborhood of one
billion dollars. it will take two billion
bushels to disc arge il. Counted III
wheat we have paid on the principal,
since 1866, ALMOST one billion eight
hundred million bushels; as interest
nearly three billion bushels; as pre-
uicrns. sixty-two million bushels; and
sc owe twice as many bushels as We
did before we paid anything! If we
had paid our debt in cotton in 1866, il
would have cost US seven billion
pounds in round numbers. II we paid
il In cotton to-day il would cost us
nearly twelve billion pounds, although
we have paid out. between 1856 and
1896, forty-two billion pounds. Cal
culated in either pork, beef, oats, corn,
or wool, we find practically the same
results. The national debt has to be
paid from the products of the soil. ALI
wealth comes from the soil, ultimately.
How does it happen that, after paying
two-thirds of the debt, as measured in
dollars, we still owe, measured in pro-
ducts, almost twice as much as we did
in January 1866? Will the Globe
Democrat, the Potosi Journal, the Cos
mos, the De Soto Facts, or some other
disciple of the golden calf tell us how
this has happened? The Republican
subscribers to this paper would be
more than pleased to see a full and
clear statement of how these facts
came about, and so would we.-Iron.
ton Register.
There is vast difference existing
to-day and what existed in 1866 Uncle
Eli You must remember that we
have had a couple of Democratic Ad-
ministrations SINGS 1866 and that the
public debt has been increased $780,
900, 900 in years, ard that the price
Of wheat has fallen from $3.50 to about
so cts per bushel under the great Will
son bill enacted by the Democratic
party. Cotton to-day is hardly worth
half as much as it was before the Will
son bill was passed. The price of
corn has gone down with all other
''products of the SOIL" You must al
so remember Uncle Eli that during 81
years of protection and Republication
that the national debt was decreased 81 j.,
TAI. 301, 1878 while if the Democratic
party was to keep up its increasing the
debt for 81 years and its decreasing the
price of products that it would take
all the wheat, all the corn, all the oats,
all the tobacee, and all the rest of the
products raised in America to even
pay the interest on said debt. Is there
anything else you want to know Eli
De Soto Facts.
We give the above article and the
answer, because we believe the an
swer ought not to be lost to literature,
and because it contains news that will
interest every one who keeps abreast
Of the times and aspires to be known
as we'll informed. There is a vast
difference existing to-day and what ex-
listed in 1866" just so! This settles
it. 1t makes everything entirely salts
factory. But that the price o: wheat
was a dollar and a half per bushel
when the Wilson bill went into effect,
or at any time Immediately prior there
to. is, we confess, an item of news
that ought to have been made public
years ago. Our farmers were taking,
at the time the Wilson Bill went into
operation, from forty to sixty cents a
bushel for their wheat. They had nc
idea that they could get dollar and
a half for it in the market. The mark
ct reports of the time do not show any
such quotations; hence it is fair to con-
clude that there was a successful con-
spiracy to keep the truth from the far.
mer. The Facts man could have made
his everlasting fortune by taking the
people into his confidence about the
matter, but perhaps he was then, as
now, on the other side. AS to the in
crease of $500, 100000 our nelghbor
forgets that a great part of it was due
to the fact that the Harrison admins
tration, after spending 1926, 900, 0OC
accumulated during the Democratic
administration of 1SS5-18S9, left the
treasury not only bankrupt, but with
millions on the wrong side of the ledg-
err. To such straits had the Harrison
administration run. that the engravers
had been put to work on the plates
from which an issue of bonds was to
be printed. But, fearful of the effect
of their issue upon the approaching
elections, the debt was left to pile up
against the incoming administration.
Be it remembered We are not justifying
the issues of bonds under the Cleve-
land administration. The gold stand
ard-in full swing after the repeal of
the Bland-AllIson act in 1890-is re-
sponsibIe for them all, and under it
each succeeding year it takes more of
the farmers products to satisfy the ev-
er increasing demand of the Money
Kings. During the Democratic admin
istration 1SS5-1S89. the debt was be-
ing paid quite as rapidly as during the
preceding Republican administra-
tions. But all this is aside from the
real question. In 1866 the national