The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1897-10-08
What 1t Has Meant to the Ag-
ricultural Glasses.
TT Is SIMPLY ENORMOUS.
The Appreciation Of Gold Has Been
the Sole Cause,
DATES BACK TO THE CRIME OF '73,
General A. j. Warner Presents Figures
Which Show That the Demonctiza-
/ tion of Silver Was Very
J Expensive.

The 15.125,000 horses in the United
States in 1896, then worth $5OO0O0,OOo
at the price OF 1873 would have been
worth ,2OO,OOO,OOO, or 100000, 900
more than in 1896; and at prices of
1896 they would have been worth
S430, 100000 more than they were
worth then; nor has there been any
increase in the number Of horses since
1893, but on the contrary decided
decrease as will appear further on.
The 2,27SOO0 mules in 1896, at the
prices Of 1873,, would have been worth
S225, 100000 instead Of 500, 100000, or
$125, 900 900 more, and at prices Of 1893
they would have been worth $55,O0O,-
900 more than they were in 1896; and,
as in the case Of horses, the number
has decreased instead of increasing.
The 1S.137O0O milch cows In the
country in 1896, at the prices of 1873,
would have been worth to the farmers
$3.50, 1000, 900. instead of s260,O00, 900, or
$220,000,000 more than they were
worth; and at the prices Of cows in
1893, they would have been worth
1856, 100000 instead Of $260000,00o or
S95, 900, 900 more; and there are not as
many COWS in the country now by
some 100000 as in 1893, although there
are over 100000 more people. The
fall in the price of milch cows, there
ic ~ tnn n
numbers. II there had been an in
crease in the number of cows propor-
tionate to the increase Of population,
the price Of COWS would doubtless be
much lower than they are now.
At the prices that prevailed in 1873
other cattle would have been worth to
farmers in 1896 $3.50, 1000, 900, instead OF
S508, ,000,0 900, or $4,000 900 more. In
1896 there were 100000 less other cat
tie than in 1873, and the price per head
slightly increased.
At the prices of 1873, sheep would
have been worth S104,000,000, instead
of $65,COO,OOO, or S39,L,O,000 more, and
$37, 100000 more at the prices Of 1893,
Notwithstanding a reduction Of 20 per
cent in the number Of sheep In the
country.
The value of swine to farmers In |
1896, If they could have got the prices
OF 1893, would have been $50 900, 900 |
more. Nor was this fall the result OF
an increase in the number Of swine,
but on the contrary the number fell |
from 100000 in 1892 to AZ, 900, 900 in |
1896.
Altogether the decline in the value |
OF farm animals to farmers since 1873 |
has been $1,220,0O0,0O0. That Is, IL
last year (1S96) they could have got |
the prices of 1873 for all farm animals |
they would have been worth to them
1920, 100000 more than they were
worth, and to that extent their power
TO pay debts and taxes has been re-
duced
And compared with prices In 1898,
before the use Of silver as money was
entirely cut off by the closing of the
mints of India and the repeal of the
so-called Sherman law In the United
States, the loss to farmers by the fall
in the prices of farm animals has been
over $500, 100000. In other words, at
the prices of 1898 farm animals would
have been worth to the farmers of this
country in 1896 more by 100000, 900
than they were worth. Nor Is this at
all attributable to an increase In the
number of farm animals. for there
has been, as stated above, an absolute
decrease in number from 1893 to 1895,
as follows:
In horses from 16,2Oe,O 900 to 49,
lz+,ooo or OBSERVATION-DISCLOSURES. loss, 900
In mules from 1881 900 to 2,27s.
ooo' or ....". ".................. $4,000
In milch cows from 16,424,O0 to
1e1s7,oOo. or .........,....... 2s7.Ooo
In other cattle from 80, 1894, 900
to 32,oso,oOO, or ............... $3.50, 200
In sheep from 47273,o0o to 49,
2os,ooO or ................... s,o75,OOo
In swine from 48,004, ZOO to A.
$4,000, or .................... s,252, 900
Altogether total loss In num-
pers OF '.''.'.'......... 17,51S, 600
Moreover, the number and value of
farm animals have continued to de-
chine since 1895. The agricultural de-
partment, In a note TO Its New Ser
ies." Report No. 145. says, "The total
value of farm animals has fallen AZ
per cent. since 1895 and 1878 per cent.
since 1S93." This would indicate a
decline In the value OF all farm AMI
mails since 1898 OF over 1926, 900 900. In
other words there has been an abso-
lutte reduction in the number of farm
animals since 1893 of all kinds from
164,2S2,000 head to 6,g64 ,000 in 1896,
and to 140.446,000 in 1897, and at the
same time there has been a heavy de-
cline In their value to farmers.
Increase of Population.
Population In 1873 was ...... 41,007 900
Population In 1893 was ........ GO, 500 900
Population In 1897 was ...... 10000 900
Increase OF population from 1873 to 1897.
72.5 per cent.
Increase OF population from 1893 to 1897,
9.3 per cent.
Thus while population has Increased
since 1898 by 9.3 per cent, farm anil
mails have decreased in number 4.S per
cent. and In value 1873 per cent. There ,
can be but one explanation for the de-
cline in value under these conditions,
namely, the falling off in the supply of
money. General prices are determined
~ the proportion between money and {
he things to be exchanged against ,
money. How long shall this continue? /
)eoline In the yaiue of Farm Produtes