Milford chronicle., 1904-09-16
ca.et Of Republican Policies in the Corn Belt
and Wheat Growing States.
VALUE OF LANDS GREATLY INCREASED
Prices Of Cereals in nae"d 4Lean" h and d+ Fat" Years ar
tiona Administration-Rise in Values

vi 81 h.s been quite customary ioI lyeHi-
i l'1 ,,riters and speakers 70 attribute
oel',T ,ovtroordinary prosperity Of the last
Sd " W.. gsors TO Providence, and TO deny
~ ~. he Republican party couid De espe-
ss VI, anr allied with Providence.
osL' I- .ns,rer 10 this contention President
ID IN an1" l, in one of his campaign
h00'5,s' IN 1900. made the witty remark
Oh at.'+SSe .Ss democratic party had fused
'la. .n obout everything except Provl-
dence' ..i.,blo ;ncraose
DlT ). .ha orrjcultural prosperity Of the
T.sd States during the years OF he-
Nm rnle subsequent TO the last
; pF.,nocra+ic administration lS93-lS9H,
:. T. the Democratic policy to sneeTlngIy
o - - the Republican party produced the
sa,,tif,l crops, or had anything to DO
Wh r;,b the droughts. the rust. or other IN
J. sas1cps bullishly affecting the prices OF
60 ..o3ities tbe farmer had TO sell.
Sn.b snaering remarks. however, can
% ~ Wv snnnress the fact that while there
Loro been many vicissitudes during the
last eight years in crop conditions. YET
,bere has all this time been more or
lsss steady and big increase in the cash
rcome from American farms
In 1901 for instance. owing 10 moi
q, ripds and drought. there was a lean
wear in corn. and yet the farmers OF Inc
Tnjted States got $921,555, ,76S for their
7s corn Of that Republican year as against
Ag1OOG9G7 for their corn Of the Dem
o, ocrqtie wear 1896. which was 4 fat
YEAR" as regards naturally spiendld
Ii crop conditions. but a lean year indeed
h as regards prices The Republican year
1901 was thus year in which prosper
3, IN for the Corn Belt farmers was pre-
served. despite a great natural disaster
n 70 the corn crop, while the Democratic
wear 1896 was a year in which there was
no prosperity in the Corn Belt despite
n ibe especially bountiful size of the corn
crop
Dollar Wheat VS.. Fifty centwheat.
AT THE PRESENT WRITING
q THE CASH PRICE OF WHEAT AT
a CHICAGO is ABOUT $1.10. In Au-
gust. 1903 it was 7IA to 90A cents;
o IN August 1902. it was GS14 TO 16 cents;
D in August 1901. it was G65s to II cents;
b in August. 1900, it was ia to 1914
cents in August 1899. it was go to I412
cents: in August. 1898. it was TO y to
u cents; in August, 1897, it was 1914
to S101; in August. 1895, it was AZ TO
GSlk cents; in August. 1885, it was 5s4
to p cents; IN AUGUST, 1894, IT
WAS 0ll2 IL 1S12 ZEN Is.
AT PRESENT WRITING THE
CASH PRICE OF CORN AT CHI
CAGO is SO CENTS. In August, 1908,
it was 50l5 to j3 cents; in August, 1902.
it was 20 to 60 cents: in August. 1901,
il was 53A TO 571a cents; in August,
1900. it was 3714 to Az cents; in Au-
gust, 1899 it was 301a to 33 cents; in
August, 1898. it was 29$I TO 33% cents;
in August 1897 it was 261k to 329s
cents; IN AUGUST. 1896, IT WAS
2O12 TO % CENTS.
Yard Stick of Republican Prosperity.
The general drift of these price fig
ufes covering a period of about eight
years, has been of course significant not
merely Of the size Of the crops Of these
particular years. but of the general
steady increase in market demand.
Wheat is not only a staff Of life but
it is also, as regards its consumption,
yard-stick Of national progress. The
more people advance in civilization and
IN prosperity the more wheat -four will
they consume The present great awak-
ening amongst the Oriental races is syn
chronous with the development of an
enormous trade in Pacific Coast wheat
h0ur through the open door, to these ma
tons Of the Orient.
In the case of corn it is certainly
iact worthy of much attentive interest,
mat despite the high prices for corn dur
ing the last three years, the demand even
al these high prices has not abated. And
Notwithstanding we seem likely to have
ms year a crop of 2,50O.0O0,000 bush
tls' corn is now about SO cents per
Oushe at Chicago In 1896 the total
crop was 2,2S2. .S75, ,165 bushels, but the
price in August of that year was 2O19
70 70 cents at Chicago-not half what
II is nowl
Fer Capita Consum ptiOn of Wheat
Increases.
The Republican policy of building up
'ne manufactures of the United States
oi placing the factory besIOe the farm
accounts for the broader and better
market the farmer during the last eight
years has been steadily getting for his
plodncts. This is noticeable in the case
'i practically everything he has to sell
increasing consumption making prices
ieauvely better no matter what the size
Of bis crops.
Figures Of the Bureau of Statistics
s, snow that the wheat consumption Of the
united States in the fiscal year 1904
was the largest in the history Of the
w,untry. The table which follows shows
'ne quantity of wheat retained for con
sumption in total and per capita in each
1904
Wheat and wheat -four retained for
0sne consumption: