The Teton peak., 1904-09-15
POTATOES.
Total Value.


The last annual report Of Secretary
Stone, Of the Chicago Board Of Trade,
makes some significant remarks regard
Ing these steady gains In the cash value
OF our crops. 1t says:
Our production Of wheat In 1903
aggregated 637, 1872, 900 bushels; of corn.
2,244. 4.i77.0OO bushels; of oats, 7S4, ,O94,
600 bushels; Of rye, 29,363,O 900 bushels;
Of barley, 131, 1861 900 bushels, showing
q total yield Of the principal cereals Of,
in round numbers. 1887 ,317 900 bush
els, valued on the farm at $1,739, u.s.
416, grown on 172,O95.117 acres. Our
crop Of hay aggregated 81 1,3O6OO0 tons.
The yield Of potatoes aggregated 247,-
l2e,eOO bushels, valued at $151 1888, 600,
produced on 2,916.S55 acres: the yield
was 37,505.OOO bushels less than that
Of the preceding year, but the value was
$l' ',o2I, 900 greater, showing the larg-
eat valuation recorded in any year, and
! MORE THAN TWICE THAT OF
i 1895.
The farm value Of the chief cereals,
OF hay and Of potatoes, raised in 1903,
amounted - 81 Al, ,73O,45O. The crop
| OF wheat was 32241 600 bushels less
than that Of the preceding year, but its
farm value was $2O,S41 900 greater; its
valuation was In excess Of the value OF
the crop Of any year excepting that Of
| 1901"
| What Makes Prices Higher.
The purpose of this article has thus
been to show that while crops may vary
in size from year to year, the cash in
come from them seems in a general way
to increase from year to year what
ever the size Of the crops. Last yeal
| Q9O3) the total farm value of the CHIEF
cereals and of hay and potatoes wa.
nearly two billion and half dollars
and this year it promises to be much
greater than last.
So far as the mere size of the cropl
Is alone concerned, it would seem unreas
enable, for instance, that a crop Of
wheat Of 46O,267, 900 bushels (the cror
Of 1894 should, in January, 1895, have
sold so low as 4SB cents per bushel
while the 1904 crop Of wheat, which a.
the lowest present estimates is 100000,
600 bushels, should now be selling a
$1.1O per bushel.
But it is evident that there are causes
at work to make our farm products sci
better from year to year. While sup
plies fuctuate the market demant
steadily increases. This fact shoult
be considered a very strong "bull'
argument not only on land values
but ON the general future business con
dition of the country, for every increas
over this two billion and half dollars o
farm land income of last year means jus
so much more increase in the purchasing
power of the American people, and jus
so much more business for all our in
dustries, and just 30 much more work
wages and profits for all our peopl
anxious to better their condition of life
The causes that are at work to max
farm products sell better from year t
year are undoubtedly connected with tn
general policies Of Republican admins
tration.
When William Mckinley, in 1896
said it was better to open American
mills to American labor than to ope
the mints of the United States to tn
silver of the world, he expressed tn
policy that transformed bad times 70
the entire people under Democratic rul
to good times for the entire people .unde
Republican rule. With the people in tn
cities more prosperous, because of tn
policies Of protection and Of soun
money, the people in the country wer
bound to be more prosperous too, b.
cause there was an improved marke
, for what they had to sell. This, in
, nutshell, is the secret of the constant
increasing agricultural prosperity of tn
United States under Republican rule.