Marietta daily leader. (Marietta, Ohio) 1895-1906, 1897-10-28
IMPOVERISHED SILVER STATES.
Are tho Most Rapid Accumuintors of
Wealth in the World, Says Muihnli.

Are the Most Rapid Accumu1utOrs of
Wealth in the World, Says Muihnli.
The Inhabitants of the Pacific states
of America lin which term Mr. Null
hall, in his concluding article on THE
Progress of the United States" in the
North American Review, includes Colo
RADIO, Utah. Montana, Idaho and Wyo-
ming as well as California, Nevada,
Oregon and Washington are by far the
rapidest accumulators of wealth in the
world.
In the 20 years preceding the last
census they laid up four Zines as much
treasure on earth as did Americans gen.
orally, their annual increase of riches
per capita being $156, as against $40
for the whole union. Their farms yield
more than twice as much grain as the
average American farm--30 tons to the
farmland, as against % in the prairie,
in the southern, in the eastern and
IA in all the states. They have nine
folded their total wealth in 20 years,
II of those years elapsing since the
"crime" (Which they invented and la
menD "of 1873" They were worth
S727, 100000 in 1870 and 1851 100000
in 1s00 Since that year, as before that
year, they have enjoyed annually the
advantage shared by none of their fell
low Americans of taking 55 tons of one
precious metal (gold) and 1900 tons
of the other precious metal (silver) out
of the ground. This yearly product,
worth $100,000,000. "eXceeds," accord
ing to this authoritative statistician,
"the value of precious metals that any
country has yet produced in the history
of mankind"
But this wealth is mere additional
godsend, a windfall. to people enriched
already in the ordinary industries of
their country. Their precious metal
output is little over a third of their
agricultural product of $2o4,00O, 900 q
year. 1t is not very much more than a
fourth of their manufacturing output
of S360,000,000 year, which quad
rupled in the 20 years between 1870 and
1890.
These are the "whole states" whom
temperate and discreet "bimetallist"
English authority on American affairs,
Mr. Moreton Frewen, saw "goaded into
fury" by the lash of poverty which the
gold standard laid on their ragged
backs. These are the people to whom
in Is years we. the rest of the country,
the $50 average wealth people, the IA
ton averaged grain people, paid $780,
100000 for silver worth 1852 100000.
These are the states which, one and all
(save California and Oregon) threat
ened armed revolution because their
sister states refused to take the whole |
of one of their less important products
at two prices and told them to 90 to the |
regular market with their silver as we'll /
as their lumber and their grain. These |
are the people who have made nation |
ii issue and are now making an interna-
.lonal wrangle of the question. not as
TO whether this single one of their in
lustries should be suppressed, or even
but as to whether they
should receive profit of 100 or 400
'er cent. on its product.
1t is with no feeling of anger or
scarcely of irritation that the rest of us
we $50 Americans-contemplate the
objected proof of the thoroughness with
which we have been done" by these
;!!C Americans, who have been crying
IL the time that we were eating them
ip with the interest on gold clause
mortgages. Nay, it is with a more than
lational, it is with family pride. A
'ride which a thrifty Yankee father
eels in being bested in horse trade by
lis offspring, that we contemplate this
magnificent record of bamboozlement.
And when we realize the further fact
hat these brethren of ours, by plying
hreats of our reputation of our for
ign debts, have cozened the old lady
If Threadneedle street into an offer to
AXE some S35 5,OOO. 900 of their wares nff
heir hands. we fall PROSTATE in rever-
nee before their argent shrine of ST.
3unko.-N. Y. Press.