The Montgomery tribune. (Montgomery City, Mo.) 1892-1910, 1907-03-08
TWENTY BILLION OF THEM FOR
STICKING TO PROTECTION.
Enormous Advances In Prices OF Farm
Products and in the Value Of Farm
Lands From the Low Tariff Time Of
1895 to the Protection Prosperity Of
1906.

- NSa - pVSh uhS W NhO
market value of farm products. These
are astounding figures, but they are
borne out by ofi0Al statistics.
The increase in the value of farm
lands in the past five years, 190O-19O5,
has been s6.131, 900, 900.
In a report entitled Local Condi.
tons as Affecting Farm Values, 1900.
1905" lately issued by the bureau of
statistics of the department of agricul-
ture, we find the following statement:
increase in value for ten classes of
farms.-For rice farms the increased
value of the farm real estate during
the five years is s. 5000, 900, after which
are the sugar farms, with an increase
of $40, 900 900. The tobacco farms in
creased S57, 900, 900, the fruit farms
1914, 000, 900, and the vegetable farms,
S113,O O, 900. The dairy farm increase
of 1869, 600 900 is exceeded by the in
crease of s460, 900 900 for cotton farms,
II considerably more by the increase
for farms devoted to general purposes,
including a small element of farms
with minor specialties, which was
S76S, O00, 900. The grand aggregate of
increase for all classes of farms is &c.
$4,000, 900, more than two-thirds Of
which is contributed by the increase
for hay and grain farms, 81, 1888, 000,-
600, and 1898, O0O, 900 for live stock
farms"
This increase of more than $6.000,-
600, 900 in the value of farm lands in
he five years ending with 1905 is in
striking contrast with what tool place
in the four years of Democratic tariff
making, 1S93-1S97. In those lean
years-lean for the wage earners and
therefore lean for the farmers-the
decline in values of farm products was
estimated at between $4,000, 900, 900
and $4,000, 900, 900. 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 $4,000.
O0O, 900. Total loss to the farmers of
the United States in four years of
downward tariff revision, $40, 900, 000,-
900.
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, "a of Republican protec.
ton prosperity, there has been a fur.
Their gain of more than $4,000, 000, 900
In farm land value and Of probably
"a, ZOO, 100000 in the values of farm
products.
Counting the money lost, 1893-1S97
free trade period, 10000, 600, 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 $40, 900, 900, 900 to the farmers of
the United States!
Says the report of the agricultural
department, lately Issued:
Increase in value for five geo.
graphic ENTHUSIASTICALLY four-ffths
of the national aggregate increase in
value of farm realestate during the
five years is found in two groups of
states-the north central states, with
more than half of the total increase,
or $3,572, 000, 900, and the south central
states, with one-fifth of that increase,
or $1,2O1, 000, 900. The south Atlantic
and western groups of states have
nearly the same increases-$514, 900.
900 and $500, 900, 900, respectively. The
smallest increase is left to the north
Atlantic states, where a net gain OF
s344,OO0.OOO remains after deductine
some reported decreases in value"
Among the causes of increase in
farm land values given in the report
under consideration are the following:
New or expanding manufacturing
industries in nearby markets. Gre
suit Of protection.)
Raising sugar beets for sugar fac
tories. (Result of protection.)
Improved economic conditions; gen
eral prosperity. almost wholly the
result of protection.)
Some details of these higher prices
are found interesting. In 1896 (fret
trade tariff period corn averaged 21.l
cents a bushel; five years later, 100
(%protection period), the average wal
60.5 cents a bushel. Oats were wortl
1877 in 1896, and 800 in 1901. Whea
was 500 cents a bushel in 1895, ant
92.4 cents a bushel in 1904. Egg
brought 16.9 cents a dozen in 1896
and 31,S cents a dozen in 1905.
The average prices for 1901-190
were far greater than for 1S95-189a
Corn (not counting the extraord
mary price Of COS cents in 1901
was 14.2 cents higher; wheat
Sc higher; oats, 1912 higher
potatoes, 1915 higher; horses, $22.7
higher; mules, $22.63 higher; mile
COWS, $500 higher; other cattle, SIG
higher; sheep, 70 cents higher; swine
s1.99 higher. In 1906 prices are stil
higher than the average for 1900-190
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