Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-11-18
THE IMPOVERISHED SILVER
STATES.

They Arc the Most Rapid Accumulators
OF Wealth In the World, Says Mulhall.
The inhabitants of the Pacific states
of America Tin 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 we'll as California, Nevada.
Oregon and Washington are by far the
rapidest accumulators Of wealth In the
world.
In tho 20 years preceding tho last
census they laid up four times as much
treasure on earth as did Americans gem
orally, their annual increase Of riches
per capita being 1856, as against $50
for the whole Union. Their farms yield
more than twice as much grain as the
average American farm--30 tons to tho
farmland, as against 20 in tho prairie,
7 in the southern, s in tho eastern and
IA In MI the states. They have nine
folded their total wealth in 20 years,
II Of those years elapsing since the
"crime" (Which they invented and Ia
ment) "of 1873" They were worth
$727, 900, 900 In 1870 and SO, ,000,-
900 in 1890. Since that year, as before
that year, they have enjoyed annually
the advantage shared by mono OF their
fellow Americans Of taking 55 tons of
one precious metal (gold) and !, 800 tons
Of the other precious metal (silvcr) out
Of tho ground. This yearly product,
worth 800, 600, 900, "exceeds, accord
ing to this authoritative statistician,
"the valuo Of precious metals that any
country has yet produced in tho history
Of mankind
But this wealth IL nero additional
godsend, n windfall, to people enriched
already in tho ordinary industries Of
their country. Their precious metal
output Is little over u third OF their
agricultural product OF 1894, 600, 900 II
year. 1t is not very much moro than u
fourth of thoir manufacturing output
Of $500, 900, 900 year, which quad.
rupled In tho 20 years between 1870
and 1900.
These arc tho "whole states' whom
q temperate and discreet "blmotallist"
English authority on American affairs,
Mr.. Moreton Proven, saw "goadod in
to fury" by tho lash OF poverty which
tho gold standard laid on their ragged
backs. These aro tho people to whom
In 10 years we, tho rest of tho country,
tho $50 average wealth people, tho IA
ton average grain people, paid $780,
600, 600 for silver worth 1862, 600, 600.
These arc tho states which, ono and all
(savo California and Oregon), threatened
armed revolution because their sister
states refused to talo tho whole of ono
Of thor less important products ut two
prices and told them to go to tho regu-
lar market with their silver us vol as
their lumber and their grain. Those arc
tho people who have mado national
issue and nro now making M intorna-
tional wranglo Of tho question, not M
to whether this single ono OF their in
dustries should DO suppressed, or ovon
suspended, but NJ to whether they
should receive n profit Of 100 or 400
per cent on Its product.
It IL with no feeling of Anger or
scarcely Of irritation that tho rost of us
--wo $50 Amorioans-contomplato tho
collected proof Of tho thoroughnoss with
which we have been "dono" by those
1856 Americans, who have boon crying
NIL tho timo that we were eating thom
up with tho interest on gold clause
mortgages. My, 1t is with II moro than
national, 1t IL with family, pride, II
pride which thrifty Yankee father
feels in being bostod in horse trade by
his offspring, that wo contemplate this
magnificent record of bamboozlemont,
And when wo realize tho further fact
that those brethren of ours by plying
threats of our reputation Of our foreign
debts, have cozenod tho old lady of
Threainoodlo street into an oifor to tnllo
some $85, 100000 of their wares Off
their hvnds wo fall PROSTATE in rover.
onco before their argent shrine of st.
Bunko. New York Press.