McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 26 Aug 1896, p. 9

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SUPPLEMENT TO THE McHenry PlaindeaSer. WEDNESDAY. AUGUST 2R. IS?V, The McKinley Law Checked Im­ portation and Gave a Home Market. EFFECT OF THE WILSON BILL. The Canadian Farmer Has Protection but the American Farmer Has None. There is no re j isbn why Canada, . McSi- oo, China, or any other country s l ioi i lu supply the United States with a-s ingle egg. Canada does not "buy a single ejrg from us, ' and there is no reason why we should buy from her . When wo do. t l io American farmer loses the -benefi t of part of his natural market . The purpose Of th is ar t ic le is to show by a few figures the benefi t which the American farmer der ived from the Mc­ Kinley law; not merely because the law stopepd imports f rom other countr ies , but because under that law he received an average of 15 cents a dozen for his eggs a l l the year a round. Under the . present Wilson -Gorman bi l l , l ie hardly averages . r> cents a dozen: and the people could bet ter afford to pay l.~» cents : i dozen in 1892, than they. , can 5 cents a dozen in From 1SS," to 1S90, there was no tar i f f upon eggs. The Canadian farmer could wnd his eggs across the l ine f rom Maine to Cal i fornia . Mexico, China. V ranee. Germany and other countr ies suppl ied us with 15.500.000 dozens of eggs, an­ nual ly , on the average. We paid every year to the foreign farmer on this small product a lone, a t 15 cents a dozen, $ '2 . - 500,000. This importat ion of over 1 , - 000,000 dozen a month or 50.000 dozen a day was fel t , in the way of competi t ion, by our farmers chief ly in the large ci t ies . Farmers can got the best pr ices for eggs and their products in the large ci t ies ; but when New York. Phi ladelphia , Bos­ ton, Buffalo, Cleveland, Chicago, San Francisco ami many other markets are suppl ied with eggs, shipped a t cheap rates of t ransportat ion by water , how ran, the farmer expect to compete who has to ship his eggs by rai l ' . ' The fol lowing s ta tement shows impor­ ta t ions of eggs, by countr ies , the year be- ""Tore the McKinley tar i f f went into effect , for the year ending . l ime . '{() . INS' . I : Impor ta t ions o f eggs , by coun t r i e s , Ju ly l , . 1S88 , t o June 30 . 1S8P . To ta l | l .V.>lS.S0!>|$2.418.!>7(i The nex t t ab le shows the po in t s a t which these eggs were rece ived : AMERICA POUTS OF ENTRY FOR EOf lS . Por t s . i Dozens . ! Va lue . Aroos took . Maine 1 .Do 8 Hangor , Maine . 540 ,820 08 ,142 Ha th . Maine 080 Bos ton and Char les ton , Mass Buf fa lo Creek . N V . . . Cup® Vincen t , X . Y . . . . Chan ip la in . X . V • . Corpus Ohr i .u i , Texas . . Cuyahoga . <>. - De t ro i t , Mich Genesee . X . Y Glouces te r , Mass Huron . Mich v Key Wes t . Kin •5 Marb lehea i l . Mass New l>o i idon . Conn . . . New York , X . Y Xiagara , X . Y Oswega teh ie , X . Y Oswego , X . Y Paso de l Nor te , Texas and New Mexico Passamaquodd .v , Maine . Ph i l ade lph ia , l ' a Vor t l and and Fa lmouth , Maine Por t smouth . N. H Prov idence , U. 1 Pnge t Sound , Wash . . , Sa lem and Bever ly , Mass Sandusky. O San Franc i sco . , Ga l Super io r , Mich Vermont Waldobo rough , Me . . . . Wi l l amet te . Or Al l o the r -cus toms d i s ­ t r i c t s To ta l I t would evident ly Ik> impossible for farmers f i f ty miles in the inter ior of any of the s ta tes bordering on the Creat Lakes, to compete with eyes shipped by water f rom Canada. The McKinley tar i f f imposed a duty of 5 cents a dozen ou eggs. This law went into effect October 1 , 1S90. Dur­ ing the year ending June . '50, 1S00, we imported near ly 900,000 dozen eggs less than in the year previous, when there was no protect ion. The importat ion of eggs s teadi ly ( increased unt i l the -repeal ' of the McKinley law in 1894. so that Instead of near ly 10,000,00O dozen eggs being brought into this country, as here­ tofore , ' in 1800-1 we imported S.OOO.O(M) dozen; 4 .000.000 in 1S91-92; ; ; .000.<>00 i l l 1892-: ; : 1 ,750,000 in 181X5-4. By 1ND4 near ly Sj?l£,00<l ,000 had been taken from the foreign shipper , which now went into the pockets of the American farmer. The fol lowing table shows-the importa­ t ions of eggs s ince 1SS15: Annua l impor ta t ions o f fo re ign eggs , 1SS2- 1-SU5. . ; ' Year end ing J fme . ' to . i Dozens . | Value . i n . i i f ; i ? j . <»i ; t . (« ) i H i .4*7 .204 j 2 . (177 .<v»o I t i . uas . l .Ml i 2 ,470 ,072 ' tu ,0!»2. . - , . v . | 2 .17 :5 .454 l . ' i .SKi f i .<»r>4 i l . !> tSO. :HWt 1 r» .G42 .S« ; i ] 2 . . "> t2 ,47s i r> . !» lS . ,S ( l ' . )L 2 .418 ,070 15 .002 ,7 !» l i 2 .074 .U12 8 .2 : t : ! .o4 : ' , ] i , t s r.,r. !K) 4 .1 .KN . 4 ! I2 | 522 .240 : t .2!» r ..Kt2! :'.!.<2, ( i ) 3 ,707 .43(1 2 ,7U0,411 | OSS, 20 740 ,040 D.400 820.801 270.000 1.347 12.),uo;: 51 ,"14 2 , : .42 1,4 IS l . .>o : t or; , s t R92.400 2 IO.csi; 112 . ' .Mi . . 141,521 020,20 i : ; s , i ;u 2.681 4 . 184 0 .42 . 120 .300 1 ,102 250 .070 10 ,215 018 ,801)1$ ns.oio l !K» ,5 .Ui 324 ,1^3 s iss?. a 1884 a 1885 a 1880 a 1887 a 1888 a 188!) b 1890 b 18.01 b 1892 b 1893 b 1894 c 1895 a Under F ree Trade . b Pro tec ted , Oc tober 0 , 1S90 , a t 5 cen t s pe r dozen . e Gorman 3c Tar i f f . During the las t year of the McKinley tar i f f the only eggs wo*bought were f rom •Canada, and from China for the 'Chi­ nese. We bought none whatever f rom 'European countr ies , as before . Even a t 5 cents a dozen the tar i f f would not be 'any too high. I t s imply made a differ­ ence to the countr ies across the Ocean, or places iu Canada, far f rom the shipping points . One MHN VVAiS; T E. D / a a, ifii % W' § wmm'ssa til What does all this talk about sixteen to one mean ? '7 It means that free coinage of silver will ruin business and close the workshops so that when there is a job for one man there will be sixteen men out of work applying for it. Ooun t r i e s . Dozens . Va lue . Aus t r i a -Hungary 1 . - .2S $382 Be lg ium i 21IV. HO 33722 : ; ; Ch ina 126 , . ' 100 0 ,420 Denmark 74 ,050 11 ,80 ' . ) F rance 140 on •Germany 73 . :$55 14 ,1111 Eng land . . 4 ,1 )1 -4 807 Sco t l and 4 ,100 820 Nova Sc i t i a . New I t r n n s w i e lc and Pr ince IOdward I s l and 3 ,0 .17 ,222 481 ,000 Quebec . Onta r io , Man­ i toba Ter r i to ry . 11 ,731 .804 1 ,S04 ,020 Br i t i sh i Co lumbia !»7 .~ i SO Hong Kong in . 2io 7 SO I t a ly 12 ,408 2 ,078 . l a pa n 20 Mexico 1S . .VS7 2 ,38o Ne the r l ands " ,00 70 Cuba lO.oOo lo 1 Turkey In Af r i ca i I f the- McKinley law had been le t a lone, the American farmer in 1895-l i would bo supplying near ly -every egg in the American market . The farmer 's wife would have fel t encouraged to in­ crease ' her s tock of poul t ry , on which she depended for pin money to clothe herself and i ier chi ldren. When the McKinley law was repealed and the tar­ iff on eggs reduced from 5 cents to •"> cents a dozen, importat ion increased 1.000.000 dozen in one year , a t an in­ creased pr ice of S I 25,000. Unless the American farmer can see i t to be his in­ terest to vote for McKinley and the restorat ion of a proper duty on eggs, the Canadian and other foreign farmers wil l soon again ship us 1(5,001) ,0OO dozen a year and the pr ice of domest ic eggs wil l cont inue to decl ine, as they have done for the las t two years . Ques t ion . "Wl iy Shou ld Democra t s I .«e£ i s - l a t e i i i f avor o f the a s aga ins t Hie Amer ican Farmer? The American farmer could not sel l eggs in Canada, oven if they had no tar i f f on American eggs. There are only a few large ci t ies there , and they are near to the Canadian cheap farms. The half-a-dozen small markets in .Canada have a total populat ion only one-quarter as large as that of the ci ty of New York. A few elect ion dis t r ic ts in the ci ty of New York, or 111 Philadelphia , or in Chicago, afford a bet ter market for American eggs than the whole of Can­ ada. Yet Canada imposes a duty of 5 cents a dozen on our eggs, while we im­ pose a duty of only o cents a dozen on her eggs. The Canad ians l i ave p ro tec t ion , bu t uu t l e r the Wi l son b i l l we l i ave no t . A Pointer for Farmers. T remember one instance t l^at bears par t i cu la r ly upon this Ques t ion that came to me today as 1 sat here , and that w a s ihis : My father came from the New England s ta tes upon. this prair ie in 1S: ' .7 . He told me this instance once: That af ter sowing a crop of wheat by hand, cut t ing i t wi th the cradle , binding i t wi th the rake, and threshing i t wi th the bal l upon the l loor . l ie put i t upon a wagon and drove i t to this c i ty of Milwaukee, ninety-s ix miles away, and sold i t here for 40 cents a bushel . This was in the '50s , and s i lver then was $1 .. 'SO a a ounce. N o w t e l l t h e s i l v e r m e n t o e x p l a i n t o y o u how i t was that in the ear ly ' ."»0s wheat was 40 cents a bushel , and s i lver $1. :>0 an ounce, i f the pr ice of s i lver a lways carr ies with i t the pr ice of wheat . And when I10 hems and haws, say to him: " i t is not only confined to wheat , but that other commodity you yoke up with s i lver , cot ton: and tol l h im that for the four years ending in 1K45 cot ton in the ci ty of New York averaged only 7 cents a pound: and that for the four years ending in 1804 the same class averaged S cents a pound. Tel l him to explain that to you. That was when we had free coinage and s i lver was then S1.M0 an ounce. He cannot explain i t . That one i l lustrat ion, my fr iends, ut ter ly de­ s t roys the whole s i lver heresy.--Con­ gressman Fowler of New Jersey. What. Stewart Thought in 1894. Senator Stewart of Nevada made a speech in Congress 1 'cbruary 11, 1S»4, in which he said: Let everybody know what a dol lar is worth. The farmers wil l then know how to measure the difference in pr ice be­ tween his wheat in I l l inois and the wheat in Liverpool . The wheat wil l bo meas-- 1 t i red by the sumo standard--gold--in I l l inois as i t i s in Liverpool and any man can f igure i t up. Rut now i t is a niysr lory; the whole subject of f inance is a mystery, and what <10 we see every day ' . ' We see those who devote the i r a t ten t ion j to i t making large for tunes out of this I mystery. j Let us do as ni l the people of the world have been doing from the beginning-- j measure our values by £old, adopt the j s tandard that al l can understand, and j ge t l id of this mystery. Mr. Logan--What does the senator want"? i Mr. Stewart--I want the s tandard gold, I nnd 110 paper money not redeemed in 1 gold, uo paper money the value of which ! Ts not ascer ta ined, no paper money that wil l organize a gold board to speculate with i t . Who pays for this gold board '? Who pays these immense for tunes? How is i t that mil l ions and mil l ions can be rol led up annual ly there? .Did anybody ever calculate who paid for i t? I t covies out of the producers ' . How do those men exis t? By the la t i tude which your depreciated currency gives to specu­ lat ion and nothing else . P e r s o n s who are speculat ing in your depreciated currency are making the money, and they wil l cont inue to make i t so long as you have a depreciated cur- U I f" the farmers would got r ich they have got to become ski l led in this ' f luctuat­ ing currency and make corners and man­ ipulate the market , and if they do that they cannot farm.--(Congressional Rec­ ord for ty- third Congress , f i rs t session, vol . 2 , p." 1392.) _ _ i i Payment of Debts in Debased Cur­ rency. Means Practically Repudiation.--- A NEBRASKA FARMER ANSWERED lacy of What is Gonsidered Strongest Free Trado . . . .Argument , v idua!* . A man who has repud ia ted h i s deb t s i s never t rus ted aga in and i s r e ­ ga rded Wi l l i co i i t c inp t by a l l h i s ne igh- s . And so i s a na t ion . ! A f ree -co inage l aw i s r epud ia t ion . iyu l j t ha t i t i s unders tood in tha t sense i s in - ! d i ca ted by such l e t t e r s a s the above , j Fo r i i ' under f r ee co inage the s i lve r do! - j l a r i s to apprec ia te to the \ a lue of a go ld j dol l a r how wi l l t he f a rmer ge t more .o f Mhem for h i s thousand bushe l s o f whea t ' ? T i l l ow can he pay h i s deb t any eas ie r than 1 h e can now? No, i t i s r epud ia t ion the s i lve r men ; wan t , and repud ia t ion i s d i shonor .--Chi - I c ago T imes-1Ic a id . VALUES DECREASED. j P r i ces o f I . ivc S lock I ' nc lo r Repub l i can The fol lowing le t ter is one oP many that are dai ly received by the Times- l lerald. I t is supposed 1 O contain the s t rongest f ree s i lver argument that can l ie . addressed to the farmer, and i t i s used by the free s i lver orators with im­ mense assurance of i ts success: T. inco 'n , Nob . . Aug . 3 . -- To ( l i e Kdi fo r : My lan t l I s encumbered by a mor tgage of $1000 . payab le in l awfu l money November 1 , 1SP7 . I l nus f pay th i s deb t wi th the p roduc t s o f my fa rm. I ' nde r o rd ina ry e i r - e iuns tauees 1 wi l l bo ab le to r a i se -1000 bushe l s o f whea t nex t yea r . I f t he re i s no change in our l iuane in ! sys tem, th i s whea t , a t 50 cen t s pe r bushe l , wi l l pay ha l f (he deb t . When the va lue o f a s i lve r do l l a r i s r i d t i ce i l t o oO cen t s by f ree co inage a bushe l o f whea t , wi thou t any change in i t s va lue , wi l l be wor th a ," i0 c en t do l l a r . Wi th f ree co inage o f s i lve r I sha l l , t he re - fo r t " . be ab le to the en t i r e deb t wi i l l t he 1000 bushe l s o f whea t . The burden of pay ing- a deb t" o f S . IOOO has doub led s ince 1 bor rowed the money . 1 have obeyed t In ­ l aws of my coun t ry under the go ld s ' andard and sha l l obey them under n s i 1 \ I T s t andard . The opponen t s o f f r ee co inage o f s i lve r a t e appea l ing to the l abore r s , i t i e c red i to r s nu l l po l i cy ho lde r s to p ro tec t I he i r own per ­ sona l in te res t s . I f 1 shoe '* ," ; i i l t o look ou t fo r my own in te res t s who wi l l do so fo r t t i cV I s ' t he re any reason why I shou ld nor vo te fo r the f ree and un l imi ted co inage o f s i lve r? Very respec t fu l ly , J . \Y . K inder . The answer is not far to seek. When this farmer borrowed 1 ho money i t was the equivalent ol $1(10(1 in gold. I t was the same as if l i" had received i t a l l in gold $20 pieces . He could have had i t that way if he so desired. Per­ haps he did. for many such loans have been made. When he expended i t he got $1000 in gold equivalent . He probably improved his farm to that extent or bought s tock or machinery. In whatever way he used i t . unless ho burned i : up or squandered i t , l ie got value received. The borrowing and lending Was a busi­ ness t ransact ion and the borrower used the money to promote his business in­ terests . At no t ime s ince that mortgage was executed, for few mortgages run over l ive years without renewal , would a thousand bushels ol wheat have paid i t . Suppose we had borrowed the money from a neighboring farmer more pros­ perous than he. That neighbor would probably have to carry something l ike two thousand bushels of wheat to town, sel l i t for a thousand dol lars , get the money and hand i t over to his f r iend. There have been in iho past thousands of such t ransac­ t ions. In fact , in every farming community there are a few farmers , more thr i f ty and of bet ter business qual­ i f icat ions than the others ,_ who always have money to lend out of their savings. They get the money from the products of their farms, but they are not loaning those products . They are loaning the money, and s ince 1870 i t has been gold or i ts equivalent . Why should ihey not have the same kind of money in re­ payment? Is i t , any wonder that Iho advocates of unl imited free coinage are charged with dishonesty and that s i lver is ta i led dis­ honest money, when by the passage of a law a thousand 50-ccnt dol lars wil l be suff ic ient to discharge a debt of a thou­ sand lOO -eont dol lars? Such a law- amounts to the repudiat ion of one-half the debt obl igat ions of a l l the debtors in the United States . When Mr. Ringer in the above le t ter ! says . "The burden of paying a debt of j ,S1*>00 has doubled s ince I borrowed the J monoY." ho must remember, i f he is s ta t - j iug what is t rue, that the "burden" is not ! a l«sne upon him, but upon every other I business man who has borrowed money. Merchants and manufacturers feel the same stress of the hard t imes as the farmers do. I t is not because t bey bor­ rowed gold and have to repay gold that j the burden is greater, but that their j earnings,and assets have not turned out j as they hoped and expected. Compeli- 1 tion and overproduction have affected j the whole world, but repudiat ion is not 1 the proper cure for i t . Honesty is the best pol icy--as a pol icy I merely, without reference to i ts moral 1 qual i ty--for nat ions as Well as . for indi- [ ~ | ami Democra t i c Kule . When we resume, ! spec ie pay­ ment in i s " ' . ! ou r domes t i c f I r n r i tna l s ,--Innses ' , imi lcK. ca t - t l e . sheep and swine were ! va lued a t ?1 , -145 ,423 ,002 ; Dur ing , the ensu ing s i - : yea r s , un t i l t he e lec t ion o f Mr . C leve land i l l ISM. the va lues inc reased to 2 . i r ,7 .RC,8 ,n2 i A ga in dur ing six years o f Repub l i can ru le o f 51 ,022 .44 . " i ,SG2 Dur ing the ensu ing four yea r s un t i l t he e lec i inu o f . Mr . Har r i son in l s . s s , \ n ines i l c - e rcascd f rom 2 .4 r t7 ,WS. !VJ» To .2 . 10 :1 ,01 : ; , l l . s Aritlunatic for Wheat Growers Which Neglects Tax and In­ terest Considerations. A FREE S1LVLR MATHEMAT!CIAN. Silver Accountants Concede Double Expense In Mexico and As­ sume Equal Profits. A loss dur ing four veSrs o f Democra t i c - ru le o f 5S .S2 . " , r ,0G Dur ing the ensu ing four yea r s , un t i l t he second e lec t ion o f Mr . I ' l eve la i id in 1> 'P2 , va lues aga in inc reased f rom 2 .400 ,043 .4 IS To 2 ,4 ' i l .Too .O ' . tS A ga in dur ing four yea r s o f Repub l i can ru le o f 52 .712 .2S0 Dur ing the la* r two year* . under tbe second admin i s ­ t r a t ion of Mr . • ' l ove l i t i i i l . and under p roposed an i l aceo in - | ) i i> l l» 'd f r ee t r ade and sweep­ ing t a r i f f r educ t ions , mi I t i e s Hga i t i dec reased f rom ( l . s : i : ; i . 2 ,4Sn ."OG. ( '> .Sf To t in ' eon ipa i a t i \ e lv ins ign i ­ f i can t to ta l o f . . . . ' . 1 .S10 . l40 . r t0C Showing the enormous loss iu i wo r ea r s o f Democra t i c ru le o f " 604 ,000 ,375 War ren , Minn . , Aug . <> .--To (he lv l i ' o r : I enc lose compara t ive s l ips c i r cu la ted by n t i adv- ica le o f t r ee s i lve r , wluch sub jec t 1 would l ike your op in ion on . I t , o f course , i s in t ended to ca tch the f a rmer who ra i ses whea t , and deduc t ions o f th i s k ind have had the i r in f luence in th i s d i s ­ t r i c t , wh ich i s l a rge ly whea t g rowing . I wou ld l ike l i t e go ing wages . i : i -M wico n tn l t he r a t e s o f in te res t in coun t r i e s 011 s i lve r bas i s a s co tupa ied wi th the go ld , s t andard coun t r i e s . L . I . . , n ibe r~ >n . The t i r s t s l ip p ro fesses to s i iow : ho ne t p ro f i t t o . a f a rmer o f r a i s ing .">OOU bu-shc i s o f whea t i l l t he I ' n i t c i l S ta tes : r .000 bushe l s . ,11 r>0 cen t s pe r bushe l . . . $2 ,S00 . K \ penses $1 ,000 F re igh t so i l i n t e res t 200 Taxes 40 2.010 . Assumed ne t p ro fH t r , Amer ican f anner S700 The second s l ip makes a s i iu i l a t s t a t e ­ ment o f the nss iu i i cd p ro f i t s o f r a i s ing r i t l l l t ) bushe l s o f whea t in Mexico : .Mioo bushe l s , a t $1 .12 pe r bushe l $o .C00 Kxpeusc $2, ooo I - ' r c ighf soo Interest 200 Taxes 40 j ; ; n 10 Cheap Dollars. £ Every!hing is cheap or dear according , to what we have to pay for i t . Sugar is | cheap at •"> cents a pound, but would be I dear a t 10 cents . i A cheap alol lar . therefore , is one i l ia t 1 the merchant buys with less goods than I ho would have to give (• a dearer dol- ! | a r . I f a merchant now gives twenty I pounds of sugar for a dol lar , and the dof- I l a r which he gets is a l iOO-cont dol lar ; | and if the 'J l iO-cenf; dol lar is a . d ishonest ; dol lar and ought to be replaced by a 1110- j cent dol lar , worth only half as inn -! i : in j that case. Iho merchant wil l g ive inly I ha l f i ts much sugar for the cheaper ih>l- i l a r as he now gives for the dish >: ics t | Mi-cei l t dol lar . That- is c lear , is i t not ' . ' : This is precisely what "cheap money" I means. Is this what the farmer and the work- j ingmaii real ly want Apply ibis i l lustrat ion to labor , i f you I p lease. The. workingman buys dol lars w-i th labor . Does he want a cheap dol- ' lar . for which- the merchant wil l g ive I only ten "pounds of sugar ' . ' - Or does Iu; 1 want a l !0! l -ccnt dol lar , for which the ! merchant wil l g ive twenty pounds of I sugar? Cheap dol lars would cut his w ages in half . l ie surely does not want that . "Oh. no," says iho workingmnn. " that is not what I want ; but , i f dol lars were cheap. 1 would get Uvico as many of them for a day 's work." j Would you. indeed ' . ' Not on your l i fe . ! "Free and unl imited coinage of s i lver , a t the rat io of 1C> to 1 , is s imply ;r scheme | to reduce your wages without your know­ ing i t or having an excuse for s t r iking. | What good would i t do you to get twice i as many dol lars for a day ' s work i f .SU i would buy no more sugar , and no more of anything e lse , than SI wil l now buy' . ' • •Resides , i f pr ices go up. under f ree coinage, as they wil l--we admit Ih.at-- does not the workingman know that the : l i rs t thing* to go up w i l l bo rents , the ' next thing wil l be food and clothing, and j the las t thing wil l be la i ior ' . ' , f 'ndor free j coinage, instead of being bet ter off . the , workingman would be Worse off than he ! i s now. j Think this over , and see what i t a l l i means lo you and to your l i t t le family.-- | Springfield t i l l . ) Journal . : j> A Quest ion lor Farmers . If the volume of s i lver money controls | pr ices , as the free coiners would have j us bel ieve that i t docs, so that the mole Isfei lvor coin there is in c i rculat ion, tht i | higher is the pr ice of wheat , and the | less s i lver coin there is in c i rculat ion. ! the lower the pr ice of wheat ; then wil l j some farmer, who bel ieves in the free I coinage of s i l jcr a t IU to 1 , answer the. | quest ion: 1 How did i t happen that wheat was | lower in pr ice ' in 1S9-I than ever before . ! whi le the amount of coined s i lver in the 1 world was greater than ever before .?-- I l l inois State Journal . Assumed no t r ro f l t t o Mexican f a rmer $2 ."C>0 Reduced to go ld ' j .2 .S0 As th i s a s sumed prof i t wou ld be . in s i lve r and the whea t would have to be so ld upon I l i e go ld s t andard , th i s sk i l l fu l accoun tan t r educes ib i s to go ld , mak ing the ne t p ro f i t t o the Mexican , f a rmer S l ' JSO. Ru t to p roduce th i s r e su l t t h i s accommoda t ing accoun tan t , whi le con­ ced ing , tha t the expense o f r a i s ing th whea t would be twice a s many s i lve do l l a r s a s in the l "n i t cd S ta tes , a s - ' s un ies tha t the p ro f i t on i t wou ld be the j s ame number o f s i lve r do l l a r s a s in the ! I " n i t i d S la tes . As a ma i l e r o f f ac t the f re igh t r a l e s in Mexico a re h igher ex ­ p ressed in the go ld s t andard than in the Uni ted S ta les , bu t a s suming tha i thev a re the same , the Amer ican ra i l road com- : pan ics , a s soon a s they c ross the border , r c i ju i rc twice a s many Mexican do l l a r s to pay a g iven f re igh t r a t e ' a s they re - ; i | n i r c o f Amer ican do l l a r s mi Amer ican t e r r i to ry , so tha t the f re igh t r a t e in Mex­ ico would l i e $ l tS ( IO ins tead o f SSlH) , a s ' ou r f r ee s i lve r accoun tan t s t a t e s i t . : Moreover , in te res t r a t e s a re h igher in I Mex ico than in the Uni ted S ta les , i f ] p a id in Mexican s i lve r do l l a r s , and more ­ over iho in te res t would have to be pa id I on twice the number o f s i lve r do l l a r s bbr - ! rowed Iiv the American farmer, so that j oven suppos ing the • r a t e s o f in te res t > l o bo the same , the amount o f in te res t would be doub le , r a i s ing i t fYom $21111 l o $400 . Moreover , t he equ iva len t o f SP) | taxes pa id by the Amer ican fa rmer | would l i e ! sS( l i n Mexican do l l a r s , so tha t I t he accoun t o f l he Mexican fa rmer , i l ius [ co r rec ted . Would s t and as fo l lows : ."01)11 bushe l s ! i t $1 .12 pe r lu i s l i e l $ . " . U t > 0 : Kxpeusc 2 .000 F re igh t ' • .1 .U0O in te res t 400 Taxes - j used to pay the expenses of the govern­ ment ." The tar i f f op some of the neces­ sar ies of l i fe might be reduced, aTit l t le> def ic i t made up by an issue of money." Or. i f th is is not deemed advisable , "gov- 1 r i imeut paper can be issued to pay for special improvements; harbors can be deepened and r ivers improved in this way." l ie introduced a bi l l to issue •S70.o00.oo0 t i t ' Uni ted States t reasury notes , wi th which "to inaugurate the con­ s t ruct ion of the Nicaragua canal . He fur ther suggested that "wo can use any avai lable coin on hand to take l ip ma­ tured bonds and replace the coin so used with paper money. i le int t 'odneod an­ other bi l l providing in this way for the payment of the $2." .000,000 outs tanding 2 per cent , bonds, l ie did not s top oven a t that point , but gravely proposed that "government-paper should be issued in the place of nat ional bank notes , as they are ret i red." His theory of the ul t imate . redomution of gnvcrnment obl igat ions. as s ta ted by himself , was that the larger the issue of t reasury notes , the smaller wil l be the "coin" reserve required with which to meet them. Ry "coin" he ex­ plained that he meant both gold and si!- , ver , w i l f u l l y ignoring the dispar i ty in in­ t r insic value between the gold und s i lver dol lar . And this is the f i r .anc 'er and s ta tes­ man for whom honest and sensible men are asked to cast their votes , las t No­ vember! Rryan Shown to he Uncertain. There is abundant proof that Mr. Rryan is an insincere pol i t ic ian and an unrel iable adviser of the people , l ie was a bol ter in ISM." and in that year , too. he made a speech in which he de­ clared that the exchangeable value of si dol lar depended on something besides u congrcssionaI edict . Who; , Frank Irvine was running on V . te Democrat ic t ickc for judge of the Supreme court of Nebraska Mr. Rryan supported a 1 'opul is t . In reply 10 a Id­ ler f rom Mr. . I rvine, cal l ing Mr. Bryan 's a t tent ion to his unexpected posi t ion, lhe present , candidate for President on the Democrat ic t icket wrote a s ta tement of his reasons for boi l ing which contained the fol lowing cool remarks and assur­ ances of personal and pecul iar es teem for lhe Democrat ic candidate: 1 regre t tha t our peop le chose fo r s l augh te r . so dese rv ing a man . They ough t to have se lec ted some one of the numer ­ ous Democra t s who a re respons ib le j f oe the fa l l ing o(T o f the Democra t i c j vo te . 1 have spoken to _ \on t hus f rank ly and con tb len t i a l lv , because I f ec i tha t you dese rve a be t t e r f a t e I t han the one which 1 f ea r i imi i l s you th i s f a l l . | During the extraordinary session of j Congress of IS!) ." , cal led by President | Cleveland. Mr. Rr .van made a speech in | which he declared that : While lhe govern mea t enn sny *ha . t n rIvcd weigh t o f go ld o r s i lve r sha l l cons t i - i t i t l e a do l l a r and Inves t t ha t do l l a r wi th l ega l t ender <p ta l i t i e s . k canno t I T ix t he purchas ing power o f the do l - ; l a r . Tha t mus t depend upon the l aw of supp ly i f t he ii• 111>ii< more lap id l .v bus . a s i t d id ; | e s o f IM:> Die each do l l a r u ' . I Thus i t appear wha t 1 l i e cNcha t depended 4 .0N0 $1 .520 Reducing this to gold, as in . the or iginal s ta tement , the net ju-ol i t of the Mexican farmer would be 8700, exact ly what that of the American farmer would be. This i s a f a i r spec imen of the i l lusory and decep t ive s t a t ements pu t fo r th by f r ee si lver men to deceive American larmcrs . e --.. . . IJryan a Green backer. Mr. Rryan i s no t so much a s i lvc r i t e a s l i e i s a g ree i i l i acker . l i e sa id , on lhe f loor o f t he House of l lopreswi ja t ivcs in Washington . June 1S!)4: "The issue of money by the govern­ ment ' d i rect ly to the people gives us a safer currency ( than nat ional bank bi l ls i ami saves to the people as a whole the prof i t ar is ing t rom i ts issue. When a bank 1 issues money, you must pay Uie market ra te of interest to get i t^mtt when- , the 'government issues muneyf the people save the interest , i f the money is af terward cal led in; and they save the pr incipal a lso, i f the money is kept in cir­ culat ion." He asserted that greenbacks "can be i r c l demand . r o f do l l a r s Inc reases han the need o f do t ­ t i e r the go ld d i seov t r - exchangeab le va lue o f f a l l and p r i ces r i se . 5 that Mr. Rryan knew gcable value of a t lol- 11 is change of tune, therefore , is not because condi t ions have changed, but because he shif ts his pr in­ ciples with the varying pol i t ical breezes , and that he is wil l ing to do anything for of l ice . In 1 he sor ing of 1S02 Rryan declared in a s t ieoch .made by him on the tar i f f qui rsl toi ; that the fal l of pr ices must be a t t r ibuted- - To the inven t ive gen ius t l i a t has mul t ip l i ed thousand t imes ; in many ins tances , the s t r eng th o f a s ing le a rm and "enab led us to do today wi th one man wha t t i f ty men cou ld no t do f l f ty yea r s ago . Tha t i s wha t b rough t the p r i ces down in th i s couu t ry ami e l s tv win r e . At this t ime another change ha-s come over the spir i t of h is while house dream. He and his fe l low Popul is ts ascr ibe the fal l in the. ,pr ices of • i i imniui- i t ics 'o the fal l in the pr ice of "s i lver . Mr. Rryan and Ms associates deeiare that " the cr ime of 1S7. '> ." vyhich the N l i t i s shown to have bcM'n tm c r ime i t . How ran the peop le be l i eve a man who thus s tu l t i f i e s h imse l f and pu t s h im­ se l f o i l bo th s ides o f v i t a l ques t ions , whi le , a t the same t ime , l i e p roves un­ t rue ' t o . h i s pa r ty assoc ia tes ' . '--Buffa lo News . The Irishman anil the Potato Bug. Mr. Tenney 's s tory a t Maldison of the Ir ishman who swallowed a potato bug am! then a dose ol" Par is green, in the hope of 'k i l l ing the . bug, is very pat to the pol i t ical s i tuat ion. The American workingman swallowed l roo t rade in 1 S' . i ' J . and now, to cure the misery which he has suffered ever s ince, the Popul is t quark doctor is t rying to induce him to swal low "ai l unl imited dose of f ree s i lver . Rut i f the workingman takes i t . he w-i l l i ind. when it is too late, that the care is worse than the disease. X-

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