The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-07-28
POLITICS AND PROSPERITY.
They Are Discussed by Leon II. Vert
heimer, of LigOnier.

Leon r. Wertheimer, of Ligonier, who
takes an active interest in Noble county
politics. spent Sunday in indianapolis at
the Hotel English. He is a member of the
firm of n. Wertheimer q Sons. wool deal
ers of Ligonier. Mr.. Wertheimer is an en-
thusiastic Republican and declares the en-
tire Republican ticket will be elected in his
county. Owing to the good influences of
the Dingley tariff bill the wooden mill men
are enjoying the most prosperous business
they have had in years., he said yesterday
"A great many farmers are complaining on
account of the low price of the wool in this
country, but they do not take into con-
sideration the immense amount Of wool
that is grown in the Argentine Republic
and which is forced on our market. II it
were not for the Dingley tariff bill the
farmers would be getting from TO
10 cents a pound for their wool instead Of
10 TO Is cents, as they are now receiv-
ing.
is in very prosperous condition in this
country and that, together with other pros
porous conditions existing, will cause the
demand for goods to be such that in an
other year the grower will be benefited by
higher prices for his product The farmer
forgets that to-day wool Is not used as
years ago. At that time underclothing and
hose were almost entirely made from wool
but to-day cotton is largely used in its
place. However, as the earning power of
the people is so much greater now than il
was during the depressed times of 1893 TO
1897 they are demanding a better class of
goods and this will rebound TO the benefit
of the wool growers The crop of wool
this year in the State of Indiana is about
% per cent. less than last year. The high
prices for food and good prices for mutton
raI ha for 70
flock. but we think in another year the
clip will be back to its normal size Our
trade East likes the Indiana woods, as they
get better results and il works up nicer
wool in the hands of those who buy from
the farmers has been taken up closer this
year than any year In the past ten years.
We Know or but very few lots still held in
this State.
The condition of everybody in the State
that we deal with is highly prosperous
now and they all feel that the continued
success of the Republican party is to their
interests There only seems to be one side
10 the question at present so far as we can
learn. l recall little incident that proves
the truth of this statement. About a week
ago / happened 10 be in Il small town in the
State on business, and had OCCASION TO go
TO the leading bank Of the town to settle
for a bill of wool. While talking TO the
proprietor of the bank a man. who was ap-
parently farmer, stepped up 10 the cash
ier's window and asked for his note OF $3.50.
saying ne MISheu ~ pay II ne banker
remarked. Why, John, ] didn't expect YOU
to pay this bill till after harvest The
farmer replied. We don't have 10 wait tin
harvest 10 pay our bills now, we have
money coming in all the time. The bank
er said TO me that that was the condition
all through their section. He said that in
stead of the farmer being a borrower to-
day he has money deposited in the bank
and it's almost impossible 10 make loans i'm
the country This | believe is true ali
over the State. In Noble county. where
live. FIVE years ago II was impossible 10
sell a farm. To-day the demand for farms
is so large that the real-estate dealers are
unable TO satisfy the demand, and good
land Is selling to-day from s. 10 $50 per
acre higher than IL was three years ago.
In Ligonier nearly all the business men