The Owosso times. (Owosso, Mich.) 1897-1926, 1906-10-26

value OF the farm real estate during tn
five years is SO, 0OO 900, after which ar
the sugar farms, with an increase o
sc, OOO 900. The tobacco farms increas
ed $57, 600, 900 the fruit farms 1914, 900,
600, and the vegetable farms $4,000,
900. The dairy farm increase of 1860,
600. 900 is exceeded by the increase O.
$500. 900, 900 for cotton farms, and con
siderably more by the increase for farm,
devoted to general purposes, including
a small element of farms with minor
specialties, which was $76s, 900, O0O
The grand aggregate of increase for all
classes of farms is 1914, 900, 900, more
than two-thirds of which is contributed
by the increase for hay and grain farms,
1888, 900, 900 and So, 963, 900, 600 for live
stock farms.
This increase of more than six billion
| dollars in the value of farm lands in
the five years ending with 1905 is in
striking contrast with what took place
in the four years of Democratic Tariff
making, 1S93-1S97. In those lean
years-lean for the wage carriers and
therefore lean for the farmers-the de-
cline in values of farm products was es-
timated at between $4,000, 900, 900 and
IS, DOC, 100000. American labor was
earning less and eating less. In that
same lean period of Free Trade Tariff
revision the depreciation of farm land
values was not less than So, 900, 900, 600.
Total loss to the farmers of the United
States in four years of downward Tariff
revision, ten billion dollars.
All of this gigantic loss was recover
ed in the four years of Protection pros
perity following the election of Presi-
dent Mckinley in 1896. In the next
succeeding five years, ending with 1905,
years of Republican Protection pros
perity, there has been further gain of
more than six billions in farm land
value and of probably four billion dol
lars in the values of farm products
Counting the money lost. 1S93-1S9
Free Trade period), $40, 900, OOO, 900, and
the money gained back again and in
creased beyond that by the huge gains
in values of lands and of products
since 1900, and we find that restored
Protection to labor, to industry and to
the products of agriculture has been
worth twenty billion dollars to the
farmers of the United Statesl
Says the report of the Agricultural
Department, lately issued:
Increase in value for five geographic
Divisions. Nearly four-ffths of the ma
tional aggregate increase in value of
farm real estate during the five years is
found in two groups of states-the
North Central States, with more than
half of the total in crease, or SO, 572, 600,
| 900, and the South Central States, with
| one fifth of that increase, or 81, 201 600,
000 The South Atlantic and Western
groups of states have nearly the same
increases-$514, 000 600 and $500, 900, OOO
respectively. The smallest increase is
left to the North Atlantic States,
where net gain of 1914, 900. 900 remains
after deducting some reported decreas
es in value
Increases in farm land values have
been greatest in those sections where
the largest growth of manufacturing
industries has taken place-in the North
Central and South Central States. The
more factories, the better for the farmer
the nearer the factories to the farms, tn,
greater the demand for farm product.
at highest prices.
Among the causes Of increase in farm
land values given in the report under
consideration are the following:
New or expanding manufacturing in
dustries in nearby markets. Result o.
Protection.
Raising sugar beets for sugar factor
les Result of Protection.
Improved economic conditions; gener
prosperity. ALMOST wholly the result
Of Protection.
Higher prices for products. Chief,
due to Protection.
Some details of these higher prices
are found interesting. la 1896 Gree
Trade Tariff period) corn averaged 81.
cents bushel; five years later, 100
Protection period), the average wa
60 5 cents bushel Oats were wortl
1877 in 1896, and 1919 in 1901. Whea
was sos cents bushel in 1895, and %.
cents bushel in 1904. Eggs brough
49, 8 cents dozen in 1896, and 81,
cents dozen in 1905.
The average prices for 1901-1904 wer,
far greater than for 1S951S09. Corr
mot counting the extraordinary price
of go. 5 cents in 1900 was 142 cent,
higher; wheat, SO higher; oats, TO-:
higher; potatoes, 1916 higher; horses
S22 "a higher; mules, $22.63 higher
mich cows, s. 90 higher; other cattle
$1.63 higher; sheep, 20 cents higher
swine, 81 so higher, In 1906 prices are