Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1903-11-11

CiSueISs NOW WHdI lS Tue result vi tllG
home market7
The Statistical Abstract for 1902 does
not give the total values of farm prod
ucts farther back than 1870, though
1t gives the values of the exports Of
agricultural products much farther
back.
UNITED STATES STATISTICS.
Of f aeesieal- PRODUCTS Tsi%
1870. sos, eos, 7I3 ............ IS, iSi ,s78
$50. Si,iss rs siossosoo27 ssssss7i
1880. 9sS, GO, go 2,2l2,640.eH 50,155, 7es
1000... S35.S5S, 1913 3704.177, 7O8 76,3OS, 1857
In 1870, then, we exported 1874 per
cent Of the total value Of our farm
products, and in 1900, % per cent
Thus, out of every 500 worth of farm
products sold. we sold, in 1900, $225O
worth abroad, while, in 1870, at the be
ginning Of high protection-to some
body-we sold only $3.50 worth
abroad. The protected home market"
of the fnrmer appears to be getting
farther away from home.
A similar result can be shown In
other ways: While population has in.
creased only 229 per cent since. 1850,
or 142 per cent since 1850, the value
of our agricultural products exported
has Increased go per cent since 1850,
and 22S per cent since 1860. This in
dicates clearly that our farmers are
more dependent upon foreign markets
to-day than In 1850 or 1850, during our
low tariff period. Again, taking the
averages for the first five and for the
last five years given in the Statistical
Abstract, we learn that from 1871 to
1876 we exported 3.13 per cent of our
corn and cornmeal, while from 1893 to
1902 we exported 1922 per cent. For
the first period we exported 1922 per
cent of our wheat, and for the second
period 1912 per cent. These figures
indicate that "home markets" for farm
products are not crossing the ocean
rapidly In this direction at the beck of
protection" In fact, they are "back-
pedaling," and getting farther away.
The farmer must now use a long-dis-
lance telescope to see his protected
home market"
The protected home market" Is, ia
fact, fraud and swindle on the
farmer. High tariffs never did and
never will do anything but decrease
the home market for farm products in
a country like ours. What is best for
the country MS whole will increase
the population most rapidly and thus
increase the size of the home market.
Statistics show that both our popula-
ton and the value Of our farm prod
ucts never increased as rapidly as dur
| ing the so-called "free trade period
from 1850 to 1850. Under this low tar
iff both our home and foreign markets
increased as never before. This was
our most prosperous period for the
whole people, as Mr.. James G.. Blaine
admitted in his Twenty Years of
Congress" It is astonishing that the
farmers have forgotten this decade
and have not voted for their own In.
terests ever since, as the manufactur-
ers have always done. Byron w. Holt
The Administration and Wall Street.
4 There Is a chance that now the Wall
street pirates are disagreeing and so.
ing to law about the disposal of the
swag, that the public may have their
eyes opened about the way they have
been swindled. The history Of the or
ganlzation of the shipbuild.ng trust, Al
told under oath by one Of the partici
pants, Is picture, doubtless, of the
peculiar transactions that have at
tended the organization Of numerous
other trusts. The sale Of the Bethle
hem Steel Company to the shipbuild
ing trust was participated in by the
kings of finance in Wall street, and
the proportions Of the steal were as
gigantic as the supposed fortunes OF
the participants. The public. who wert
swindled by this gold brick game
have only themselves to blame, fol
careful inquiry, or, for that matter, q
cursory glance at the properties includ
ed in the corporation, would hay,
opened the eyes Of the yeriest tyro II
financial affairs. The constant warn
ings sounded for the past year of Thu
water-logged condition of the stool
market by the honest newspapers OF
the country should have prevented
their readers from being victimized
The attempt of the administration
through Secretary Shaw, to bolster III
Wall street in Its depredations on tn,
honest investor by pouring millions O
the public money into the favored
banks, which are VIGOROUSLY alliet
with Wall street pirates, is beyont
belief. If President Roosevelt and hi
cabinet did not understand the con
ditions in the stock market, with al
their sources of knowledge, they ar,
totally unfit to manage the affairs O
the greatest government on earth. i,
they, or Secretary Shaw, were appriset
OF the pitilessly beset plight of til,
trust makers and responded to thel
cry for help, they must answer to TIL,
victims and to the nation.
Unfortunately, Wall street has an in
direct influence on the general bushes,
OF the country, and 1t is much to b,
feared that the effect is already shown
in some of the principal industries. ant
that reduced business and fallin,
wages may be looked for, for tim,
, at least.
. An Economical Program.
II is officially given out at Washing
ton that President Roosevelt ant
Speaker Cannon have agreed that NJ
legislation is to be enacted at the com
ing sessions of Congress, other thai
Cuban reciprocity and the necessar!
appropriation bills, and that Congress
is to adjourn at the end of April or b,
the first of May. The same report say
that the utmost flugality is to be iii
rule, and that all appropriation bill