The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-10-16
COTTON AND SILVER.

| Alvin. TEXAS. October 14--Mr. Hawlcy
republican candidate for congress In the
Tenth, says that over production Ia tho
| cause OF the low price OF cotton this year.
and presume he would offer the same ar
gument for the low price OF silver. That
under-eonsumpiion has as much 10 do with
the low price OF both is true. | can give
proof that appears conclusive from my
standpoint.
| with the date Of the crime OF 10, when
silver was demonetized, wc fiud the fall
| or silver commenced, and with every sab
givcn that metal by our national congress-
q heavy decline has followed, until II be-
came so low that mining OF silver has been
disconCinued In very great measure. II
silver Was reinstated In its oonstitut onal
place in our circulation the price would
soon even up 10 Its legal pdrlty--JG 10 l.
me mines would again resume business
ana hundreds OF thousands OF our worthy
isDorers. who now suffer for bread, would
una employment at good wages. When
this takes place (Which n Will In few
more years. tho laborIng nun and all de-
pendents OF labor viii find themselves able
| 10 Duy cotton goods necessary for the com
fort OF themselves and families, which
would add ten fold to abe consumption OF
cotton goods and IL viii be discovered that
nnder-consumption has had as much or
more to do with the decline In price as
ovcr-production. 1t Is a fact we'll known
by all observing people who mix with the
masses OF the people thar less clothing IL
being consumed now than ever before.
That Is TO say, they are forced by the
hardness Of the times to wear thin. old
clothea.. revamp, patch and wear them
again, and many Instances notable wnere
IL would tako shrewd detective in that
line 10 discover the texture OF the original
fabric out OF which many suits now worl
by worthy poor people were constructed,
This fault, IL termed fault, Is not
charseable to these people. but TO condi-
lions which have brought It apout.
The policy OF this government. as con-
structed by republicans, tends to make the
rich richer and the poor poorer. Cotton
Is the poor mans crop. and hence II has
none OF the benefits of protection glynl
TO sugar, which is manufactured and con-
roiled by wealthy syndicates, corpora
( tiona and mllhona!res. all protected By
! the tariff and sugar trust. II we have
over production OF cSttoa " Ia chargcable
10 conditions brought about by repubii.
can administration. wnica has wrought
poverty and desolation throughout our
beautiful fertile Southland. Cotton Ia the
only crop on which crop mortgage VIII
be taken for supplies TO run the farm. and
as rs per cent OF our farmers are tenant
farmers. and very large per cent Of them
have become 30 poor that they can't crop
without aid from the bank or merchant.
they are forced 90 plant Ia COTTON acreage
sufficient to give them a credit for sup
plies 70 run through ths season. When
their crop Is gathered and they sell al "a
cents they find themselves unable 70
close their account. and next year VIII
plant little more. with she hope OF betne
able TO come GU, even. Is We had q
stable currency. such as We had before
1873. a currency good for the farmer. al
well as the banker. supply Of money
sufficient TO give all classes Of industry
profitable employment thereby unclogging
the wheels OF progress. she cry OF over
production would not be heard from any
one.
We hssr and read through the republi'
can press Of the great prosperity now per-
yading the land. but We can't see IT, W.
read OF the great strikes where lahorers
are being shot down by scores for the oni,
reason that they are trying 70 protect
themselves ageinst the SmpostAtion y