The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1906-11-01
Is sG 131 o0o coo. more than txo-thirds Of

Is $b,13l ,UOUOOU, more than tW0-tnlrds OF
which is contributed by the increase for
hay and grain fans, S1.9S3,000, 900, and
s.. 100000 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 contract with what took place
In the four years Of Democratic tariff
making. 1s93-1S97- In those lean years
lean for the wage earners and there
fore lean for the farmers-the decline
fin value OF farm products was esti-
mated at between S4.000.000O00 AID
$5.0OO,OO0,000. 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 $5.000000,000.
Total loss to the farmers of the United
States in four years of downward tar
if revision, ten billion dollars
All of this gigantic loss was recov-
cred in the four years of protection
prosperity following the election of
President Mckinley in 1896. In the
next succeeding five years. ending with
1905, years of Republican protection
prosperity, there has been further
gain OF more than six billions in farm
land value and Of probably four bill
lion dollars in the values of farm prod
ucts.
Counting the money lost, 1893 1897
(free trade period), S10.00O,O0O 600
and the money gained back again and
Increased teyond that by the huge gains
In values of lands and of products
since 1900, and we find that restored
protection tn labor, to industry and to
the products of agriculture has been
worth twenty billion dollars TO the
farmers Of the United States
Says the report of the Agricultural
Department, lately issued:
Increase in Value for Five Geographic
Diyisions--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 Cen
trail States, with more than half of the
total increase, or $3,572. 100000, and the
South Central States. with one-ffth of
that increase, or $1.201 100000 The
South Atlantic and Western groups of
States have nearly the same hMreasss-
S514.OOO,OOO and $500, 100000, respective
". The smallest increase is left to the
North Atlantic States, where a net gain
of $344,000,000 remains after deducting
some reported decreases in value.
Increases In farm land values have
been greatest in those sections where
the largest growth Of manufacturing in
dustries has taken place-in the North
Central and South Central States. The
more factories, the better for the farm
err: the nearer the factories to the
farms, the greater the demand for
farm products 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 OF
Protection.)
Raising sugar beets for sugar factories
Result of Protection.)
Improved economic conditions; general
prosperity. almost wholly the result OF
Protection.)
Higher prices for products (Chiefy
due to Protection.)
Some details OF these higher prices
are found interesting. In 1896 (free
trade tariff period) corn averaged 21.5
cents a bushel; five years later. 1901
6protection period), the average was
605 cents a bushel Oats were worth
1877 In 1896, and 1919 in 1901. Wheat
was 500 cents bushel in 1895, and
D2.4 cents bushel in 1904. Eggs
brought 1863 cents a dozen in 1896, and
Bis cents a dozen in 1905.
The average prices fo- 19O1-1904 were
far greater than for 1S95-1S99. Corn
knot counting the extraordinary price