The Algona Upper Des Moines from Algona, Iowa on August 26, 1896 · Page 4
Get access to this page with a Free Trial

The Algona Upper Des Moines from Algona, Iowa · Page 4

Publication:
Location:
Algona, Iowa
Issue Date:
Wednesday, August 26, 1896
Page:
Page 4
Start Free Trial
Cancel

SM^T"^ .„»•»«,-> •&«? fe-: 1 IFFECt; tinm ¥l|S6N BILL, ^ 'the Canadian Farmfer Ha's'.f $ but the AmerieartjFayrtef s '' Has None.v -' why (jnifttln, Mexico, Chiim, or nny other country should ^supplj- the United States with a single (>(?(», Canada' does not buy a' siUKlc egg "from us. nnd there is no reason why we Khotild buy from her, AVhen we do, the .American farmer loses the benefit of part of his natural market. The nurposc of this article is to show by n few figures the benefit which the American- farmer derived from the Me- •Kinlcy "law: not merely because the law stopefid imports from dthcr countries, but becnus'c under that law he received an average of 15 cents a dozen for his eggs nil the year around. ' Under the present" Wilson-Gorman bill, he • hardly averages 1 ?) cents a dozen; and the people could b6ttpr afford to < pay 15 cents n .dozen In 1892, than 'they can 5 cents a dozen in 'J806. From .1883 to 1890. there was nd tariff upon eggs." The Canadian farmer could spud his-eggs across the line from Maine 'to California. ' Mexico,' China, France. (formally 1 'and -other cottntrics supplied us with 15,500,000 dozens of eggs, annually, on the average. We paid every year to the foreign farmer on this sinnll product alone, at 15 cents a dozen, $2,• 000.000.* This importation of over 1,000,000 dozen a month or 50,000 dozen a 'day was felt, in the way of competition, by our farmers chiefly in the large cities. Farmers can get the best prices-for eggs and their products in the large cities; but when New' York, Philadelphia, Boston, Bwflialo, Cleveland, Chicago, San Francisco and many other markets are supplied with eggs, shipped at cheap rates of .transportation by water, how • can the farmer expect to compete who has to shin his eggs by rail? The following statement shows impor- talious'of eggs, by countries, the year before the McKinley tariff went into effect, , for tlie/year ending June 30, 1889: Importations of eggs, by countries, Julyl, 1888. to .Tune 30, 1889. Countries. | Dozens. | Value. Austria-Hungary ..v 'Belgium China • Denmark .'. France •Uermany. >JCUKlnml JScotlnud.. .> •'Noya' • ^Seatlfl, New B r it n s w I c k and 'Prince Edward Island Quebec;,,'Ontario, Mau- llobn<Territory. .."... HrltlslP Columbia .-ITonK Kong Hnly : .Inpan.. ' ^Mexico. /Netherlands.. ., Cuba..,. Turkey In Africa 5 1,528| 215,104, 126,300 74,050 140 ' 7.V«5 4,014 4,100 3,037,2 11,731,864 tlTC 15,210 12,468 20 18,587 500 10,501! Total .' |15,!)18;80!> $2,418,070 $!!82 33,22;t 0,425' 11,81(1) , 897 820 481,000 1,804,020 80 780 2,078 \2,as!)' 7(1 151 The next table shows the points at wtilch these eggs n-pre received: AMER1UA 1'ORTB OF ENTRY FOR KUOS. Ports. | Dozens. | Value. Aroostook. Mulne ..... • Bnngor, Mntuo ........ •'Until, ,Mulac ........... JUoston 11 ud Chnrlustou, Maes,., ............. »uffalo Creek, N. Y. . , Cape Vincent, N. Y.... Chaiiiplaln, N: 'Y ....... Uorpug Chrlsll, Texas. , Cuyuhogu, O. . . ........ Detroit, Mich ........ , Oenesee, X. Y...,,... (iloucestcr, Muss ..... Hurou::'.Mlcli ......... •. Key West; Fla ........ Marhlehend, MIIBS. .... New London, Conn... New York, N. Y ....... Niagara, X. Y ......... OBwegatchlp, N. Y ..... Oswego, -X. Y. ...,,,.• T'aeo del Norte. Texab and NeiV Mexlcu. ,. .. Passamii'inodd.v, Mulnu. r'nUadcJidiifi: Pa: ,..;. Portland and Falmoutli, J'yrUmoiitli, X, U..... ., . J'ugct Soiuid, Wash,,, and Hi'vcrly, !>un Kraurl/ico, (.'al..,.. .Superior, Slli-li, ....... Vermont ............ .Wulilubornugli, Mt>. . . . -Willamette. Or ........ All Otlll'l 1 ClI.SlOlIlK lllti Tolfll,, 1,058 540.S2U 385 1,038,207 5,740,!>46 0,400 820,804 32| GOO 7.'!5 J 5,781! 11,777 i.r>o;; 1,720 310 302,400 1,412,00:1 l,020,2U!i 18,5.V> 1,122,038 08.H-J 270,0011 '.•20.00(1 I;347 125,Oa-J 4 80 81,314 v 10 ' 2.342 1,418 15 j , 201 3!t o;i,84r. 240,68(1 J41.521 & 2,37rt .138,131 f> 382- J.8 I! Sll Itli fi.42.'i 1,1 H2 877,4(17 4S5 . 507 Sll ],',,018,800 $2,-M8,l»7li f •! <> i ' ,., ,'i I. I What does all this talk about sixteen to one mean 9 It means that free coinage ge of' eilver will ruin business and close the workshops, so that when there is a job for one man there willbe sixteen men out, of work applying forth'. If the MeKiuley law lind .been let alone,, the American faVmcr In 1895-0 .would be supplying nearly .every egg in the American market. 'Hie farmers wife would have felt (encouraged toi increase her stock of poultry, ou which she depended for phi money In clothe herself mid her children. , when the MeKiuley law was repealed and, the tariff on eggs redu.ced from 5' cents to 3 cents a dozen,' importation increased 1.000.000 dosicai in one year, at an increased price of $125,000. Unless the Amoricnu farmer can see it to bu l|is interest to vote for MeKinley and, the restoration of n proper duly, on ,eggs, the Canadian and other foreign farmers will soon again ship us l(t,()00,QOO doKen a year and the price of domestic'eggs, will continue to decline, as they have done for the last two yearn. Question. TVli y Should Deiuocriitx Legislate In furor of the Canadian ait iigiilnst the American Fitrinar.? The American farmer, could ,uot sell eggs in Canada, even if they had no tariff on American eggs. There-are only a fe\v large cities there, and they aro near to the Canaditin cheap farms. The half-a-dozen small markets in Canada have a total population only one->quarter us largo as that of the city of New York. A few election districts in the city of New'York, or in Philadelphia, or in Chicago, afford a better market for American eggs than the whole of Canada. Yet Canada imposes a duty of 5 cents a dozen on our eggs, while we impose a duty of only !) cents a dozen on her eggs. The Canadians liavo |>roti>u|io!i, hut under the /Wilson hill we have nut. Payment of Debts in Debased Our- 'renoy Means Practically, Repudiation, A NEBRASKA FARMER ANSWERED Fallacy, of What is Considered the Strongest Free Trade Argument. It -jv^uld evidently bo impossible for farmer fifty' miles in the interior of any of thfi *<afr'S Bordering on *'«» Great Lukej^'lo, compete wjth'pggs shipped by \vater* frpni Oitnada. The >JoJ$u|ey .tariff Imposed n duly of S'v^nts^a dosen on eggs. This Jaw went, into'effect' October 1, 1800. During %'J'Par, ending June 80, 1880, WP jinported nearly 000,000 Uozcn eggs less ihnnjn the year iwvlous,, >vhe» there was no protection/ The importation of •eased until *tbe j law, in lf$M, so A Pointer for Fanners,, 1 remember one instance that boar 1 * particularly upon this question tlmt came to me today as I sat here, and Hint was tin's: My father came from the New England states upon this prairie in 3887. lie told me this instance once: That after sowing a crop of wheat by hand, cutting it with the cradle, binding it wilh the rake, and threshing it with th(s.baJl upon the floor, lie put it upon a > wagon and drove it to this city of Milwaukee, ninety-six miles away, and sold it hero for -Kt cents a bushel. This was in the '30s, and silver then was .fl.yo aai ounce. Now tell the hilver iw«'u to o.vplain to you how it was that in the early TjOs wheat was -W cents n bushel, and silver $1.30 an ounce, if the price of silver always carries with it the price of wheat. And when ho hems and haws, say to him: '*H is not only confined to wheat, but that other commodity you yoke up with .silver, cotton; and tell him that tor tbo four years ending in ]84, r > cotton in the citv of .New York averaged only 7 corns a pound; and ih«t for the four yours ending in JSfM the same class averaged S cents a pound. Tell him < to explain that to you. That wis when win had free coinage and silver was then S1..W an ounce. IIo cannot explain ft, That out- illustration, my friends, utterly, do- strovs the whole silver > heresy.— Con- gros'sjuan Fowler of New .Jersey,- , ami JjrpiiKht into- this cpiujtry, 1 n» l w<» imjiorted 8,000,000 : 4J3Q.OOO in haa .IWPU *'.- f ' ?»»W wbjwU UQW, went i Stewart Thought i Senator StewAVt of Nevada made a speepli in Congress February U,"187-J,. in which he sail]: ' ^ ' Lot everybody know what u,dp]Jar.is w'orth, The fanners will then know how tVVensvu'P the .aiffeivnoo in, ni-Jop Lp, tween his wheiH in JlHuolts nwMtoe wheat in Liverpool. • The wheat- w-jll be iweus^ nreiV to tbe s«mo »tandard«rgol(l-Fnj Illinois «» it is iu Jiiverpool.Mud.^ny, man' can iiKilre it up. But uow it ** » wy*> fery: the- whole subject 'of jimmce 'is n mvsU'iT. nud what do \yo see every day,.' ' those who devote their attoutta). The following .letter is one of many that are daily received by the Times- Herald. It is supposed to contain the strongest free silver argument that_ ca,n be addressed to the farmer, and it is used'by Hie free silver orators with immense assurance of its success: Lincoln, Nob,, Aug. 3.—To the ISdltor:, My land Is encuml)c«wil i>y a mortgage of $1000, payable In' lawful money November 1, J8!)7. I must pay this debt with Iho products of my farm, t'mler ordinary clr- fiuiiHlancos 1 will bn- able lo raise 1000 bushels of wheat ue.\t year. If there is no change In our lliianclal h.vstom, this wheat, i\t 50 i'i-nt.1 per bushel, will pay half the debt. When the value of a sliver dollar is reduced to 50 cents' by free coinage a •bushel of wheat, .without any.-uhaiigu in Us value, will bo worth a flO-cent dollar. With free coinage of silver I shall, therefore, be able lo pay the entire debt with I lie 1000 biihlielu of wheat. Tin? burden of ptiylng a debt of $1000 lias doubled sinco 1 borrowed the money.' 1-have obu.vod the laws of my country under the gold standard inul shall obey'tUein under a silver standard. The opponents of froo coinage of silver arc appealing to tho laborers, inn creditors and policy holders' to -protect I heir own per- soual Interests. If I should fall to look out for uiv own Interests who will 'do so for ini'V Is there any reason why 1 should not vote fov the free and unlimited colnagn of silver? Very respectfully, J, \V, Ulagor. Tho answer is not far to seek, When this farmVr borrowed the money it was the equivalent of IjilOOO in gold. We to it , beeji'doiUM Iroiw Hi"* 0"*' vwneu by ' that all e«>ir ' haps he did, for many such Joans have been made. When'lip expended it he got iltlOOU in gold equivalent. He probably improved his farm to that e.\tent or bought stock or machine.]-)', In whatever way IK- iwd it, unless ho burned it up 01- Mjiiiuidpred it, he got value received, The borrowing and lending was » IwM- WHH ti't\usuctio,u and UHM borrower usvd the nU'iioy to promote his business 'iu» terests, At no time since that mortgage was executed, for few mortgages r\m over fiyo 'years without renewal, would u thousand bushels of wheat .have paid it, Suppose wo h«d borrowed' tho money frgm*a neighboring farmer more prosperous than he- That neighbor would probably have to carry something like two thousand busjjojs of whoa't to town, sell it for a thousand dollars, get the money and hand, it over tq his friend. There ,h»vo been m tl|e past thousands of such transactions. Iw ftwt, i|i every taming community .there are jv fpw farmers, more thrifty and fit better bus ness qualifications than the others, who always have money to lend out of their savings, They get the inoiioy from the products oE their farms, but they are not loaning those products. They are loaning tho money, and w sl»u'e 187U ij; Ims been gold or-its'equivalent, Wliy should they Jipt Juivp j\w WH9 kjnd of woney iu repayment? ' ', ' * -*~ "• wonder that th? aflvacstcs'of viduals. A man who has repudiated his debts is never,trusted again and is regarded with contempt by all his neighbors. And so is a nation. . A free-coinage law is repudiation, and that it is understood in that sense is indicated by such letters as the above. For if under free coinage the silver dollar is to appreciate to the value of a gold dollar how will the farmer get more of them for his thousand bushels of .wheat.' How,can he pay>his debt any easier than ho .can. now? No, it is repudiation the-silver men want, and repudiation is dishonor.—Chicago Times-Herald. VALUES DECREASED. I'rloea' of Uve Stock Undev Republican and Democratic Rule. When we resumed specie payment In 1871) our domestic animals, horses, mules, cattle, sheep and swine were valued at $1,445,423,002 During the ensuing six years, until • tho election of Mr. Cleveland In 18§4, the values Increased to 2,407,808,924 A 'gain during' six years • of Republican rule of $1,022,445,802 During the ensuing four years until the election of Sir. Harrison in 1888, values decreased from ,. 2,407,808,921 'lo 2,409,043,418 A loss during foil i- years ot Democratic rule of C8,825,50U During the•imsiilug. four years, 'until".the second election of •Sir. "Cleveland Inl8i)2, values again Increased from 2,400.013,418 To.., i . i.., 2,401,753,008 A gain during four years of Republican rule of 02,712,280 During tho lust two years, under the-1 second administration .of Sir. Cleveland, and under proposed and accomplished free trade and sweeping tariff : reductions, values again decreased from (1803). 2,483,500,051 To the com Arithmatic for Wheat Growers Which Neglects Tax and Interest Considerations! A FREE SILVER MATHEMATICIAN, Silver Accountants Concede Double Expense in Mexico and Assume Equal Profits. Warren, Minn., Aug. 0.—To the Kditor: I enclose comparative slips circulated, by an advocate of free silver, which subject 1 wotilil like your opinion ou. It, of course, is intended to catch the farmer who raises wheat, and deductions of this kind have had, their influence in this district, -which is largely wheat growing. I would like the going wages in Mexico and the rates of interest in countries on silver basis as compared with the gold standard countries. Li, Lambersonr- ThcJirst slip professes to show the net profit''to a farmer of raising 5000 bushels of wheat in the United Slates: 5000 bushels, nt 5U cents per bushel.. .?2,800 Kxpcnses $1,000 Freight 800 Interest 200 Tuxes '.... 40 2,010 Assumed net profit to American fanner ,, The second slip makes a similar, statement of tho assumed profits of raising 5000 bushels of wheat in Mexico: used.to pay the expenses of the govern.^! uient." The tariff on some of the iicces- simes of life might be reduced, nnd the ! deficit made up by an issue of money." Or, if this is not deemed advisable, "jrnr- eminent paper can be issued to pay for • special ' improvements; harbors can bo7 deepened ,and rivers improved in thin * way." He introduced a bill to issue 'i $70,000,000 of United States treasury! notes, with which to inaugurate thccon;- Structiou of the Nicaragua canal. He--' further suggested that "we can use any ,, available'coin on baud to take tip ma- ' ! turcd bonds and replace tlic coin so used r 'v with, paper money.'' He introduced n-^other bill-providing in thia way for t_,__, payment of the $25.000,000 outstanding*! 1 2 per cent, bonds. He did not stop even?! «t that point, but gravely proposed that € "government paper should be issued iii'i the place of national bank notes, as they" are retired," His theory of the ultimate,' „ redemption of government obligations, 'j'< as stated by himself, was that the larger " the issue of treasury notes, the smaller will be the "coin" reserve required with i which to meet them. By "coin" he ox-., plained that he meant both gold and sil- *. ver, wilfully ignoring the disparity in in-J' trinsic value between the gold and silver dollar.- - -if 'And this is the financier and statesman for whom honest and sensible men are asked to cast their votes, next November! - ' _' IF7CO ntn. .Showing tho enormous loss i in Two ycHrs of Democratic rule of 004,000,375 Cheap Dollars, Everylhing is cheap or dear.~according to what we luivc lo pay for it. Sugar is cheap at.5 ceiils a pound, but would be dear nl 10 cents. it was the same as i( ho had received it IA cheap dollar, therefore, is one that all in gold $-0 pieces. He could havc--fbu merchant buys wilh less goods than had it that way if he so desired. Per- j l( . would have to give for a dearer dollar. If a merchant now gives twenty pounds of sugar for a dollar, and the dollar which he gets is a 200-cent dollar; and if the iOO-cent dollar is a dishonest dollar and .ought to be replaced by a 100- ceiit dolh.tr, worth only half as much; in that case, the merchant will give uily half as much sugar for (he cheaper d,ij- hvr us he uo\y gives for tlie di«'io:ie»i UOO-cent dollar. That is clear, is It notV This is precisely what "cheap money" means. { Is this \vlmt.thi! farmer and the work- ingnmn really wantV Apply this illustration to labor, if you please. Tho workingmnn buys dollars with h\bor. Does h,o want a cheap r.ol- Freight , Interest Taxes ., 800 200 40 11,0-10 of Mijythius filse,. than 91 will now buy'? •ees ' Besides, if mice* go up, under'free coinage, »s they jvilMvu admit thut- 'SSr ffifj^KWMMWu, know that the -Interest Taxes AHuimifd net profit to Mexican fanner. $"500 Reduced to gold 1;280 As this assumed profit would be in silver and the wheat would have to be sold upon the gold .standard, this skillful accountant reduces this to gold, making tho net profit to the Mexican farmer $1280. But to produce this result this accommodating accountant, while conceding that the expense of raising the wheat would be twice as many silver dollars as in the United States, os- hiuncs that the prolit on it would be the same number of silver dollars us in the United Slates, As a matter of fact the Ircight ruteu in Mexico nro higher expressed in the gold standard than in the united Stales, but assuming that they are the same, the American railroad companies, as soon as they cross the border require twice as many Mexican dollars to pay a given freight rate as they ret quire ot American dollars on American .- .-,"""-,. •, -,, ••- ---,-- - -" e . n ,l' ( '°'* territory, so that the freight rate in M«\". lur, for. which the uierchant will give ico would be $1(100 i Sd of $800 ns only ten pounds of sugar? Or does hu our free silv,.,. „„,", I,,!*",,,. °^^f' L 8 want a aOO-cent d9llur, -tor which the merchant; will gjvp twenty pquiids of Bryan Shown to bo Uncertain, There is abundant proof that Mr. Bryan is an insincere politician and an^'J unreliable adviser of the people, 'He ,J was a bolter in 1893 and in that year,, 1 too, he made a speech in which lie de-- clared that the exchangeable value of «--| dollar depended ou something besides i congressional edict. When Frank Irvine was miming oijj the Democratic ticke for judge of (M Supreme court of Nebraska Mr, BmmJ supported a Populist. In reply to a itt-L tor from Mr. Irvine, calling Mr. Brj-an'8\( attention to his unexpected position, — • • present can<Ud«te for President on Democratic ticket wrote a statement pE<, his reasons for bolting which contained I tho following cool wmiarks aua nnces of personal and peculiar for the Democratic candidate: ,,^ 1 regret that our people elioso for sl«ug»l?!| HO deserving a man, Tliey ought to ^ have selected some one of me uunici" ous Democrats who nro lebponslus^ for the falling off of tUe Uemocrato 7 ' vote. I have spoken to you thuj ;| frankly and confldeutlnlly, boron c .| J feel that you deserve a welter fate, J than the one which I fenv awaits yflif- J this fall,, , • :| During the extraordinary session 9|| Congress of 1898, colled by P^Wf Cleveland, Mr, Bryan made a spew" »1 which he declared that; WhJIo tli? government ran snv ..weight of gpld-or silver biiidl •-=--.• lute a dollar and invest tlmt (low , with legol lender tjoanti''*. »l,Wol, flx tho puruhaslng power of the dol- , lur, 'i'fint must depend upon jn» , wages in )jalf, that. suyur?_ Cbewp dollavs would cut his JJp surely does not want . "Oh, no," says the workiugman, "that is not. what J want; but, if dollars were cheat), I would get twice as many of them for a day s ivprk," Would you, iudpedV Not Free and, \iuliinited coinage tlus rutiu of JO t« on your life, .„ of silver, at , is simply u scheme to reduce your wages without youv knowing it or having au oxpuso for striking, Whttt goad would it do you to get twice as many dollars for » day's work if $2 wajjia Uviy mL pore ^g.«r, and no more as our tree silver accountant states }t. . Moreover, interest rates are higher in Mexico than in tl)e United Stntes, if paid in Mexican silver dollars, and wore* over the interest would have to be paid on twice the number of silver dollars bor' rowed by the American farmer so tlmt even supposing the rates qf interest lo be tho samp, the amount of Merest would be double, rnising jt from $OQ?o MOO. Moreover, the etjijivalent ofiMO taxes paid by t HI American would be $80 in Mexican dollars, g tins lo gold, as j u tho statement, the net profit . would he, $7,00, e Anieri«i W former vouU is a lair specimen O f tho statements tu caV*fll«|R,wJIII •Thus-it iippeurs tlmt Mr. Bryan R wftat the eVchangoablo value of a -- iH change of "ISs-ffS'i'siS i wueje. * i - . nn m«

What members have found on this page

Get access to Newspapers.com

  • The largest online newspaper archive
  • 11,200+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free