The representative. [volume] (St. Paul, Minn.) 1893-1901, 1899-07-06
PROSPERITY.

PROSPERITY.
In our last issue we clipped a few e,
: tracts from the advertising columns {
the Minneapolis Times, to show the dc
probation in the value of real estat,
especially of farm lands, in Minnesota
due to the contraction of the currenc
by the gold standard and bank monou
oily.
We have since picked up the Times o
the oath of June, 1899, and we find tn
following:
$l,6OO FOR 100 acres, Is miles of Twi
Cues hne meadow, best of soil, cheap
Cneap!! Jones, Mcintyre & Co., Bank q
Commerce building.
Think OF that! Ten dollars an acr,
Tor land less than 20 miles from tn,
Twin Cities, best of soil and fin,
meadow.
SO-ACRE tract midway between Minneano
lis and Lake Minnetonka; s12 per acre
appraised $35 per acre five years ago. w
A. Barnes & Co., 100000 Nicollet NV
A fall of two-thirds in five years,
And the appraised value being about
one-third of the real value, we nave a
fall of from $1O2 to SIP!
II the daily papers would only Law
these facts before the people, there
| would be an armed revolution in 60
days. But the truth is muzzled and
powerless. And still they beat the TOM
John and sound the hurdy-gurdy. and
sing Prosperity!
But here is "corker:"
1900 ACRES northern Minnesota, good
SOIL; 70 cents per acre. Edwards & Her
1tage, 217 Kasota block
mink OF that! Five thousand acres
OF good soil, in state AZ years old. with
a million and half people, offered for
sale at SEvENTY-FIvE CENTS AN
ACRE!
Why, the United States government
never sold it's wild land for less than
$1.25 to $3.50 per acre, and school land
cannot be bought for less than IS an
acre.
SEVENTY-FIVE CENTS AN ACRE!
Holy smoke! But this is prosperity.
Anu mere s announcer:
$1,000. 10 acres, six miles out: buildinps
cost $1,000; might exchange J. B. IA
bour.
Land six miles from Minneano,is o+
$40 an acre! Why do not the bowling
dervishes of the daily press buy up that
tract and so share in the tremendous
which they tell us is lifting
up the country by the coat-tails?
And here's still another:
5000 ACRES FARMING LAND. RICH
SOIL surrounding beautiful lake; tim
per VIII pay for land clearing; only
$500, GOT New York Life building.
Five thousand acres with rich sol,
ana beautiful lake, for $1.3O an acre!
And the timber will pay for clearing the
and! Why does the owner not cut it
Up In 1O-acre tracts and sell it on long
line to poor men? Are there no moor
men who want homes? What blight
Vnat curse is on the country, when rich
and cannot find purchasers at s1.3O an
ere, and has to be advertised? And
mere seem to be no takers. The start
ing bargains we copied from the Times
days ago are still offered in the issue
f the Oath.
The devil has got possession of the
alton, for he has torpidized and hypno-
zed the minds of the people; and they
mink the killing of lot of half-naked IL,
nlllpplne savages of more Importance
ian the righting of the wrongs which
re squeezing all values out of proper-
7, and reducing the owners to pauner-
m.
But the empty bubble of pretended
blown up by the cunning
'nspirators of Wall street and Thread
eedle street, is about to burst. We a
I'D the following from the London cor v
spondence of one of the Twin CIV Il
utocratic newspapers, of June rs: 81
STATUS OF THE MONEY MARKET m
ne anxiety as to the question of the in 70
equacy OF the gold reserve of the RanL OF
nnelana resulted in the Central Assoc %
s.o ~ VI BANKERS meeting yesterday refer ",
BORT LUZ an early WI
ne rise IN the discount rate of tho II
icnsoanK' the efforts of Germany to at al
ct solo, the expectation that money viii, | en-
GEAR In the United States before tho du
OF september, and determination Of The an
NIX OF france to protect it's gold reserve ur
We all accentuated the situation. The de
tist says: oh
While money continues cheaper in tho tn
iteo states than expected and banks arc an
:eptionaliy strong, it Is improbable that tt
tTneency can be prevented in view Of the re-
I'VE TRACE, enormous speculation and in err
asing expenditure in the Philippines for re-
army and navy. In that case America bu
Withdraw gold from Darope instead ~ is
oin9 1t h1ther, as now. No one douht. | 1t
can DO as she pleases in spite of the | tn,
Daniiity that. large as have been the or We
ts OF commodities from the United states
imports and the securities, added tn tho
'rest' etc., payable to Europe. and the ev- fir.
allure OF Americans in Europe. have
neo the balance of indebtedness against ~
United States 'Ae'
ne Stat1st says in conclusion that T.ondop
De most fortunate il a four per cant WI
rate tides over the autumn. and suo- ter
IS. In the event of the reserves heinv ~,
ously threatened, that the London hanks ~
DIV the example of the clearing house ma
'ciatlon OF New York in issuing Ger tic,
ates 'el elc'
bserve the battle all over the world he's
get possession of gold and hoard il me
blanket is too small, and the bed {
ows are dragging and Juggling at it: gar
toes of one and the nose of another ers
freezing. Cul
$M u&~ If