The Algona Upper Des Moines from Algona, Iowa on May 19, 1897 · Page 4
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The Algona Upper Des Moines from Algona, Iowa · Page 4

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Algona, Iowa
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Wednesday, May 19, 1897
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Page 4
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WPUB D1S MOtKESi ALGOHA, IOWA, WEDNESDAY, MAYJ9, YfiAS. A to Sub6cMb«re. tr, one year «1.60 ,f, six motiths 75 O&eeopy, three months , 40 Sent M any address at above rated. R6ifilt by draft, inoney order, or express or- fttotu-ttsk. Bates of advertising sent on application. ; , IT WILL ute r SemtOi 1 Funk reviews the work of the extra session id the Spirit Lake Beacon. 'fie says the public cannot judge fully Of What has beeti done until the laws go into effect. But when they do ho has fid feat 4 of the result. Me says the saving to the tax payers in reduced state expenses will exceed $100,000 annually, while the methods of transacting all state, county, and municipal business Will be found to have been greatly re" formed. to conclusion the senator speaks of the good work done by the representatives from the senatorial district, Messrs. Mayne, Cornwall, and Whelan. Of Mr. Mayne he says: " Mr. Mayne of Kossuth has most creditably represented his intelligent constituency in big Kossuth. He has opinions of his own on every important issue, which he vigorously and impressively expresses in committee and on the floor. He is a tireless worker and a man of good work and growing influence." COtmiEK-KEPUULICAN COMBINE. Both the Courier and Republican have now admitted that they have formed a combination to do the county, city, and some private printing together, each doing half work while both draw full pay. Each has justified itself by citing the fact that once in the past 16 years THE UPPER DES MOINES bought some official ballot supplements of the Republican—not used the Republican type as the Courier says—but bought the supplements outright. Whether this is warrant enough for their pool a discriminating public will decide. The practical operations of this pool, or trust, for all trusts are organized on the basis of cutting down wages while holding up prices, are seen in one such transaction as the publication of the treasurer's report by the county. Each paper got the last time some .$80 or more for the table, which occupied space that costs the regular advertiser but $5. The other $75 was paid by the county to each office ostensibly for wages to labor for setting up the table. By combining, the two offices got out of setting up one table, kept the typesetters out of a job, and took §75 out of the tax-payers of the county for no service whatever. This method extends to all county and city printing, to merchant's advertising, and even to rea'ding matter. Not long ago the Courier lifted a column report of the fair bodily out of the. Republican, referring to it in commendatory terms, a compliment the Republican returns as it did last week by calling the public's attention to the Courier's very valuable advice in the sewer matter. THE UPPER DES MOINES assures its readers that it is not going to engage in a running newspaper controversy. It was moved to call attention to this queer partnership by the Republican's unwarranted references to the state printing investigation, in the whole course of which no such scheme to mulct the tax payer was disclosed as it bas been for several years profiting by. It was also moved by the confidence it felt that the Courier was about, to begin its annual campaign of commiseration for the victims of pools, trusts, and combines, and for over-burdened tax payers in general. miseby which he annotates and the state publishes is the happiest outcome. Idwa will have a new code that will be a Credit. Ill TSI8 firitt is to have a big hrick block soon. Whittemcire is to have aneft Method* istchu'rch. The Wesley town council has appropriated $50 to put up a hand stand. Capt.4 Chahtland of Fort Dodge is Memorial day orator at Livermore. fianna & Swanson got orders for 12 milk weighers at Whittemore a week ago. C. O. Ihmels nearly cut his big toe off at West Bend while chopping fire wood. Eagle Grove has arranged for public band concerts every Friday evening this summer. The Hotel Orleans at Spirit Lake is open for fishing parties. Their grand opening will be June 15. L. L. Colby of whiskey selling notoriety has gone on the rotid for the McCormick machine company. Harry Wilson stepped on a nail at Emmetsburg last week. The Tribune says ho was quite seriously hurt. O. D. Ranks and family will move from Swea City to Wisconsin. O. D. is son of Rev. Ranks, a well-known former Algonian. Sam. Hutchinson, who was born in Algona, is in poor health at Whittemore. He has rented his shop and will try outdoor work. The Burt Monitor says E. J. Murtagh does more real estate business than any man in the county. Ed. is here for that purpose. L. D. Lovell, the first settler where LuVerne now is, and at one time a member of the board of supervisors, will move to Missouri soon. WOMAN SUFFRAGE CAMPAIGN. The public library election in Algona two years ago satisfied everybody hereabouts, probably, that women would not differ much from men in politics, would be actuated by the same motives, and cast their ballots in the same spirit. The election last spring again satisfied ^ every body, probably, that women as a care rea)ly very little about the The glowing promises of re- fbppj which the suffragists guarantee ,S£e visionary. The ballot is not half sp* important a factor in the worlds prPgrpei? as they assume, ,But| after all, what really valid rea- egn has ever been given for pot letting ;,wo.men vote jj they want to? Leon Hack, son of Algona's old-time miller, has bought an interest in a drug store at Livermore. He will compete with Brunson & Daugherty. The Spencer Reporter says Rev. Bo wen's salary has been paid in full, and he has been elected for another year. His Algona friends will be glad to-hear of his success. Bailey: A Wesley duck drinks ink at the door of the Reporter office and lays black eggs. The white of these eggs makes excellent boot blacking and the yolk makes a beautiful blue dye. Swea City Herald: Mr. and Mrs. Howard Robinson and Miss Amy Wallace of Algona and Thos. Sherman of Bancroft were the guests of Miss H. M. Wallace at the Cronholm residence Sunday. H. Ernst, near Whittemore, has had afire. Loss is insured-in the Kossuth mutual. The Champion says he got his money promptly and thinks every farmer should insure in this company, as it is cheap and reliable. Emmetsburg Reporter: Mrs. L. Singleton of Algona spent Saturday in this city. She was the colored lady who was employed by Mrs. E. S. Ormsby for so long a time, and was over calling on Emmetsburg friends. Armstrong Journal: A farmer near Algona says it requires a bushel of corn to fatten the tail of a hog, and therefore that useless appendage should be cut off. This man should be appointed assistant secretary of agriculture. Mr. and Mrs. O. F. Hale have moved back to their old St. Joe farm. They were pioneers in Iowa then and it used to be " Hale postofflce." Mr. Hale will find that the conditions of living on a farm have improved since he first began. Wesley Reporter: Algona has been offered an eight acre tract well timbered for park purposes on condition that $800 be expended in improvements in the next three years, and the council is hesitating about accepting it. What a legacy for the coming generation. Eagle Grove Gazette: It is said a Kossuth county duck lays black eggs and the editor of the Wesley Reporter, has one as proof of the fact, The farmer who owns the duck will also raise some white blackberries this year. They are great people up in Kossuth. Buffalo Center Tribune: Andrew Smith, one of our former hardware dealers, and also one of our best citizens has moved his family to Algona, where he will make his future home, We have not been informed as to what line of business Mr. Smith will follow at that place, but are sure he will be successful in his new location, and we are very sorry to lose him and his estimable wife from our town, Armstrong Journal: Down at Algona the boys are trying to get ahead of the slot machines by dropping iron washers in the slot. And the papers say they are mean boys, They are not as bad as their daddies who have robbed the farmers with blue sky notes the past fifteen years. The kids simply show how they have been brought up, and prove that they are apt scholars. The old sires ought to be proud of such offspring, Besides, the hoys are not to blame; like produces like, and the little fellows can't help it, A DISCUSSION OF MONEY AND PRICES Mas the Decline in JPrices During the Past twenty-five Years Injured the Debtor ? MR. CHUBB'S ARGUMENT. | if the decline in prices'has been effected by a cheapened cost of production, that is if a day's labor will produce as inany dollars Worth of commodities as it did before the price declined, then the debtor Would have no just cause to complain. If the decline in price has been caused by a rise In the Value of the metal composing the standard money unit, then the debtor will be 'forced to pay an increasing amount of his product each year without regard to what it costs to produce it. And if the fall of prices is injurious to the farmer who is out of debt, it is absolutely ruinous to the one who is In debt, There has been a long list of transfers of land in this county this year. How many of them have been bona fide sales, and how many have been made to secure the holders of the mortgages against them. Some of them may have received something for their equity but many have not paid out and there has been loss among the creditors, all or nearly all of which might have been avoided had there been no decline in the price of their products. Take for instance a man who bought land in this county, as many of them did, in 1891 or 1892, when wheat was selling at 80 to 90 cents, flax from $1.10 to $1.25, corn from 80 to 40, and hay and oats at proportionate prices. He could reasonably hope to be able to pay for his land and have in time a comfortable homo, but constant fall in the price of his products or the appreciation of the dollars he has to pay, has made it impossible for him to pay the interest on what he owes and the other fixed charges, taxes, etc., and he gives up the hopeless struggle and becomes a tenant. I am personally acquainted with quite a number who through no fault of their own have lost their land in this way. Some had put in quite a sum, others not so much; but more or less they lose all they have. If this can bo in a county where the land still maintains a value, how much more disastrous would it be where the land has depreciated, as well as the products of the land? The increase of tenant farmers is- alarming, and with a continuance of our present financial system I shall expect, when lands reach 1 the 8100 an acre mark, to see it all in the hands of the wealthy classes. In the state of Ohio I see it is reported that 17,000 farms have changed hands in this way the past year. If an appreciating money is disastrous to SE1UES.] more clothing, lived better, until every town In northern Iowa lias plenty of them able to own handsome homes and take i easy on substantial incomes, not made ou of the rise in laud values, because they have sold no land, but made out of the in creased product of the soil disposed of in steady or rising markets. According t the senator, they should have begun in car riages and ended with ox teams. In fact they began with ox teams and now ride in carriages. Nothing but erroneous conclusions can result from using these general statistic in this way. Here is a new illustration, in connection with the matter of debt paying State Statistician Powers of Minnesot finds that in 1870 wheat sold in London fo $1.75 a bushel, and in 1890 at $1.06. Sena tor Chubb jumps at the conclusion that th Minnesota farmer who borrowed money ii 1870 had to pay back nearly two bushels o wheat for one in 1890. But Mr. Power has looked up the St. Paul wheat market just as Geo. E. Roberts has looked up th Iowa markets, and he finds that whca actually went up six cents a bushel in St Paul during the 20 years, the whole drop i the London price being due to cheapene cost of transportation. The fact is the Kossuth farmer has, as rule, paid his debts with less bushels of hi products than the money would buy whe he borrowed it. Debts are paid whe prices are high, money is borrowed whe prices are low. A few years ago norther Iowa had a big crop of $1.85 flax.' Many man cleared the mortgage from his farm with that one crop. Hogs at §5.75 in 189 paid lots of debts. Hay at §10 a ton a fe\ years before did the same. This past sea son a good bunch of calves has let man out of the woods, and some of the men wh were selling steers to the senator at wha he admits are fancy prices the past wee will liquidate with his money. But this amount-of-product Idea has n real merit, and it is such facts as thes that ought to make the farmer suspicious for if it were sound it would apply hot ways. The creditor would be robbe every time the debtor took advantage good prices to pay off, and the farmer wh borrowed money last fall when corn wa worth eight cents a bushel would be in hon or bound to pay back in corn at eight cent a bushel, when in fact every one of them i cents bushel, in other words give the credito only one bushel where he got three. The world has had great difficulty in agre< ing upon a just measure for the settlemen of long-standing contracts. But no tf?i]j| be a ' etate convention is a,t 0§s Meines, June 34. It westing and the flewo silver POJJTTO NOTES. Rockwell City Advocate: Iowa schools are the pride of the common* wealth, and the present state superin* tendent has done a great work in them. White rotation in p&3ce is a good thing, we-wowld rank the state superintend* enoy with the congressional delegation in that- Where, ypu bay§ an expeption* al mgn in any of those places, keep htm, Tfce A4yoea,te JB, inclined • to thinlt that the etatQ has nothipg to the farmer who is in debt, it is none the hoping to pay back in corn at 25 less so to the manufacturer and the business man.. The business man finds that befoi'o he can get rid of the goods he has in his store his competitor can buy goods that he can sell for what the first man paid for his, and he must lose his ^profit or keep his goods, either of which is disastrous, as the nearly 400 failures each month for the past few years attest. The man who desires to start a factory with half the money to build it finds in a few years that the property has depreciated in value'till the man who loaned him the half owns it all; and while he has lost all he had, the man who loaned him the money has something he does not want and is glad to get out of it with as little, as possible. In view of these facts the words of James G. Blaine in 1878 seem almost prophetic when he said the "adoption of the gold standard would produce wide-spread disaster throughout the world; that it would have a ruinous effect on all forms of property except those investments that yield a fixed return in. money; these would be enormously enhanced in value and would gain an unfair advantage over every other species of property; that the result would prove distressing to millions and utterly disastrous to tens of thousands. Is it true? The effect of falling prices is not only injurious to production but it strikes all classes except those mentioned by Mi-. Blaine. The banker finds that the value of the securities on which he based his loan is gone and the depositor calls for his money to find it locked up in worthless paper, the bank collapses and hundreds of people distressed for want of their money. The president may go off and shoot himself but it don't help piatters at all. He may have been an honest man, and when the money was loaned the security might have been good, but the constant depreciation that is going on all the time has squeezed the value out of it, and it may be worth but a few cents on the dollar. It may be true that some of these failures may be attributed to rascality and speculation, but the greater part can be traced to the appreciation of gold or the depreciation of price of property. The appreciation of gold is not only disastrous to the debtor but its tendency is to make more debtors. With falling prices men do not care to sell their money for property that is constantly falling in price, but prefer to loan at a low rate of interest, knowing full well that if they wish to buy anything it will be cheaper by and by, and that the increase in the value of their money will make them a fair interest. That some people have made money by using the money of others is probably true, but that it has been disastrourto many is also true, and that anyone can suqceed at a time when prices are falling as they are at the present time is almost a miracle,' and must require ability of no common order. 0. C. CHUBB. „. on has ever proposed corn or butter or whea The true test is the labor cost of production Borrowing and lending is in a broad sens a mere matter of exchanging day's works, farmers do. One may have better machir ery than the other, and get greater results i a day, but the exchange is fair. One ma has single plows and gets but five acres His neighbor has gang plows when he re turns the work, |.and gets 10 acres. Th five-acre men has not been cheated. Th five-acre manjis the borrower of 20 yeai ago, the-10 acre man is the creditor of today The creditor loaned day's works when the produced little, he gets them back whe they produce more. If the debtor onl, pays backjthe same day's work the deal i equitable. Senator Chubb will doubtless show hov much more pig iron, etc., it takes now t pay the remaining public debt than woul have paid it all in 1S05. But it takes les labor now to pay a ton of iron than it did barrow full then. The Standard oil com pany can pay its share in 10 cent oil nov easier than it could then in 50 cent oil. Th McCormick harvester company can pay tw machines easier now than it could one then It is easier some years for the farmer t pay three bushels of corn than it is others to pay three pecks. Therefore corn is n measure for contracts. But the labor in volved in getting the corn is the measure and if the same labor pays three bushels a one time and three pecks at another the deal is fair whichever amount is the one that happens, just as the deal was fair when the farmers paid their debts in $1.80 flax and $6. hogs, and just as it will be fai: when they pay again in 35-cent corn. Senator Chubb's only possible claim can be that it takes more labor to pay a deb now than it did 80 years ago. The test o this is wages, Wages have gone up in th< 80 years, therefore it takes less labor to pay each dollar of indebtedness. Therefore the debtor has not been robbed, and there fore our money system cannot have robbec him. This fact that wages have remained con stant and have gained for 80 years is the essential fact; in this whole discussion. The general reduction in prices is a reduction that has not been at the expense of labor and so long as the labop cost of prodiiotiot is not touched and labor has employment, all other cost .of production can be reduced indefinitely and society including the debto; will bebenefitted. Senator Chubb is engaged is this discussion in tryJpg to show yrhat conditions ought to exist in Kossuth county, from t.h<? statteUcs of eastern, 1 and koadpn ppe4i$w a,Q f.&pt extoUe a. 8W,ffi,plen,t »Uu.8trattPft Of the The geRatpj 1 ba£ fop MORE OF THE BEY. aEIGEK CASE, ChwroU at Mwyjon stands By Him |» spite of the Cftargee, The Congregationalist church at Marion has exhonerated Rev, Geiger from the charges pn which he has been ex- frpm. the Davenport association, lias also withdrawn from the asso- Rev. Geiger is suing the association fop $85,000 dam* ftps,, gftin pfl everything wnUng with, the w&tem 0, A, fluj|tto.rium. J>y the' If you want Good r L, vJ U 1\ why in the world don't you BUY ^lour? Nobody is holding you, The Wilson Mills make the GOOD kind of flour — no other — make it every week day in the year, and sell it to the best bread-makers on the face of the earth. Strong language, to be sure, but it's the gospel truth and why not say it ? TRY A SACK. g@°FLAX SEED FOR SALE. Lenette W. Butler, Administrator J. J. Wilson estate. A means a good meal, because you do not lose your patience waiting for it. Our " Quick Meal" gasoline stove is all that its name implies. Large burners, smokeless generators, safety tank—make it one of the quickest and safest gasoline stoves on the market; and when you get all of these features combined you c.rn Have Quick Meals with a very small expenditure of heat. The " Quick Meals" will bear inspection and trial. Our 1896 stoves were all sold, so we have nothing but the latest 1897 patterns to offer you. Come and see them. G. M. DOXSEB, lEaia/rd/ware. SHOES. 'B are going- to close out all our Men's Shoes at COST, and will continue until all are sold. We have not room for them. We will also offer a line of Children's 8 to 10's, worth $1.00 to $1.50, for 50c, until sold. One lot Ladies' Black Oxfords at $1.00, cheap at $1.25. JAS. TA YLOR. Your Patronage is Solicited. sfeMi *S?** gj.^-.a.^ LADIES' OXFORDS, Lace and Button Boots, in Green, Chockolate, Ox Blood, Black. PUT YOUR feet in some of these and see HOW EASY THEY ARE. MENS' SHOES Hi or Lo— Black, Chocolate, i Ox Blood Brownell & Allred, BOSTON BLOCK. PR, PRISTQN,

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