Durango semi-weekly herald., 1906-01-08

Interest bearing debt Of the uni'aj
States"
In other words. there is not money
enongh In this country 10 pay for 'he
crops of IT.. farms this year and there
would not be- even If all the bonds Of
the United States now outstanding
we're added 10 It's gold. silver and pa
per currency As the secretary says.
"The farmers Of this country have
had the most remarkable series Of
years of prosperity that has aver
rome TO the farmers OF any country
IN the annals of the worlds apTicni-
ture Production has been uneqnaied
ana its value has reached the highest
figures ever attained. Farm crops
have never before been harvested at
such a high general level of produc-
tior and value"
And Professor Wilson adds "the
unprecedented savings have embo-.
rassed local banks with their riches
ana have troubled farmers to fnd In
vestments: and. AS IL al OF these
manifestations were not enough. the
farms themselves have Increased in
value 10 fabulous extent"
fFor the first time in nearly half
century the cotton planters unse
cured note is now good at the bank
and his land is safe security and
is 'salable. Tine crop lien that was a
Necessity immediately after the war
is disappearing whore it is not al
ready gone and has released the
planters from its bondage. For the
first time in The history OF the South
the deposits in the banks of that re-
giou now exceed n billion dollars"
The wealth produced on the farms
Of the United States in 1905 exceeds
that of 1904 by per cent. that Of 1903
| bN S per cent and that nf 1899 by 30
| per cent. During the last ten years,
| Professor Wilson says, the farmers of
this country have produced enough TO
equal one.hnlf Of the entire wealth
OF this nation. the rewards of the toll
aud accumuiations of three centuries.
These are extraordinary statements.
| The farmers themselves will fnd It
ldilhcult to believe them. and many
'p,isfortunates,' measuring them by
their own experiences, viii reject the
report OF the secretary of agriculture
as fairy tale.
/ According to the latest returns
dhere arr a73T.37s farms under crilti.
walton in the United States. and TO-
iSi 1G5 persons are engaged upon
those fmms either Us owners or hired
help. The value of tnls years crop,
therefore. averages more than 1900
per farm and more than s6i0 for ev-
cry individual engaged in farmine
within the limits of this country.
The total production of cereals. Ill
cludins rice is estimated nj i,52l 900.
900 bushels. with farm value NJ
81 l29. 600 200, or s1i5 00D. 600 over last
wear. Only the corn crop makes a
record in volume. hut corn, hay. wheat
anh rice all make records in value.
| The hay crop is estimated q, s605,.
iooo.np0' the cotton crop at s575,o00
'O00; the sugar crop At $50. 900. 900.
| The most astounding statements. how.
| ever, concern the COW and the hen.
| Secretary Wilson says that no crop
hut corn has contributed SO mucn to
| the wenlih of this country as the
! dairy COW. She produced s665 ,000, ,00o
worth of butter and cheese This year,
mn increase of s5l 600, 900 from last
wear while the humble chicken add.
ed more than half billion dollars
| Co the wealth of the country during
the past twelve months nearly as
much AZ all the acres sowed IN wheat
or cotton, Cotton used to be king,
t'ut corn has nsurped the throne In
| late years, Ii the barn yard fowls
continue 10 increase in uumber ana
in industry. however. they will soon
stand at the head of the many sourc-
es Of wealthof this great nation. They
are already roosting on the steps of
tho throne.
Notwithstanding the bicycle. the an.
tomobile the suburban trolley. the
rural free delivery. and other inva-
sions of the domain Of the horse. he
continues ia increase in numbers and
In value More than 100000 horses
are now used ON the farms alone of
this country, and they are worth
sl;2oo 00o00o. Mules, also. are stead
lily advancing IN both numbers and
value, and are now worth $252, 900.
00o. We have 1850 900 milch cows,
worth siS2 100000. but there has been
steady decline in the number and
the total value OF beef cattle. until
We now have only 1860 900 worth
$500 ooo,o00 This. no doubt. partial
ly accounts Tor the high price Of beef
IN the retail markets While the pop.
t,Intts,t, b.- 4,ar.a...l "a, a.