The Denison review. [volume] (Denison, Iowa) 1867-current, 1899-10-31

the two years under Mckinley and the
Dlngley bill. The third year, when the
reportds published, will doubtless show
still gfeatersgains. And this gain, like |,
the loss, is felt everywhere and by all.
In Iowa alone, between January l,
1897, following President McKinley's
election, and January 1, 1899, two years,
the aggregate number of farm animals
increased 100000.
The reports of the sales at stock
yards give striking illustrations to the |
same effect. Let us compare several
administrations so as to avoid what
might otherwise be claimed as acct
dental. During General Grants first
administration the aggregate annual
value of all stock-horses, cattle, sheep
and hogs-sold at the Union Stock
yards at Chicago increased annually,
and in the four years it increased from
$4,000, 600 to SS7 600, 900, or total in.
crease of 1856, 1000, 900. In the first three
years of Gen. Grants second admin
stration the total increase was $3O,OOO,-
600. Then came the campaign in which
President Hays was declared elected
and the very bitter controversy, delay
and uncertainty in determining the
result, extending over two years, and
the corresponding danger of democratic
legislation, resulted in falling off of
Sls,0O0,O0O. During the last three
years of President Hayes administers
ton, however, the loss was recovered
and the average annual sales advanced
500, 900, 900 higher still, or up to $l43,-
100000. During the first three years of
the Garfeld-Arthur administration it
increased $5SOOO,OOO more, that for
so that for the year of 1883 the aggre-
gate sales of these yards were $201 ,00O,-
600. But during the year, IN which
MIR. Cleveland was elected, 1884, it fell
off Sl4, OOO,O G0; and during the next two
years, pending proposed democratic
tariff legislation, it fell off $2O,0OO,O0O,
making total loss to the farmers of
34,0OO,0OO per annum. The sales for
1886 were only $l67, 100000. After the
democratic house had passed the Mills
bill, and it had been defeated in the
senate, thus making it apparent that
no adverse legislation could be had,
nearly half of this loss, $4,000 900 of it,
was recovered. Then followed Presi-
dent Harrison's administration, and
during these four years, with the Nc
klnley bill, the annual value of stock
sold at Chicago increased $70,0OO,O0O,
reaching the high water mark-$253,.
0OO, O0O-in 1892 Following this came
the second administration of President
Cleveland and the enactment of the
German bill, and, worse still, the
threatened free coinage of silver. What
was the result? A million men thrown
out of employment, 5000 less cattle
handled per day at the Chicago yards,
the annual value of all farm animals
sold there fell off S66,O0O,OOO. Are you
pleased to know that in two years under
Mckinley and the Dingley bill, and the
continuance of the gold standard, S42,-
100000 of this annual loss retrieved?
L do not refer to these things, mark
you, for the purpose of complaining OF
our adversaries. They did not bring
about these conditions purposely They
would have had them otherwise ii they
could, and they could have had them
otherwise had their theories of govern
) ment been correct.
The effect of democratic administra
tions upon the country generally is dis
coverable in other ways. Take the in
divitlual deposits in national banks
which are reported quarterly and pub
lished annually by the department in
tabulated form, During President
Cleveland's first administration from
1884 to 1888 these deposits increased
$344, 600, 900, but during President Har.
rlson's administration they increased
$4a3, OOO, 900, or $50 900, 900 better. Dur
ing President Cleveland's second ad
ministration, however, they actually
fell off $124, 100000, while thus far dur.
ing Mr.. McKinley's administration
they have increased SS11 100000.
There is no better index to the pros
perity of people than deposits il
banks. The deposits in the banks OF
I Iowa increased during Mr.. Cleveland's
first administration S13 900 900, but dur
ing Mr.. Harrison's administration they
increased 33,000,00O Then during Mr.
Cleveland's second administration they
fell off 81 100000 Thus far under Mr.
Mckinley they have increased $55 900,
600. Perhaps it will be an aid to mem.
DRY if l say that deposits in Iowa in!
creased nearly three times as much
under President Harrison as under
President Cleveland's first adminstra.
ton, and seven times as much in three
years under Mckinley as they fell of
four years when the democratic party
had control of both houses of congress
and the presidency.