Omaha Daily Bee Newspaper, June 30, 1895, Page 10

THE OMAIIA DAILY''BEE: SUNDAY, JUNE 30 ° ° ° doesn't scem at s best today,"” sald | ductors, $100 t0.$120; freight conductors, $68 | the Iowa State Agricultural soclety for the | Coln, “and that is that hogs were bringing | the traveling man, “but I would like some | to $85; section laborers, 12% cents per hour. | year 1859. He continued | a mighty good price in those days." ono to tell me how it {s about debts and ine WHAT AFFECTS FARM PRICES. terest. On page 122 of the report of his paid for excess. The earlier reports are not so complete in | yarallist bro > good T t-class loans, is about as high as in “How do thess compare with the wages |its record of prices as the latter ones were | for several yors (ot omn of (hood 8 Drice BY of 18727 made, ~ Thero was no systematic eftort at [ \is"Mhat ihe eountes, eiher thrcupt ihy |, “Pormit me to answer that,” said a gene POV PO O are about as_follows to 4 lookel on as a spectator whom subsequent [ erly, terminus of Cedar Falls & Minnesota | practice of first getting up a theory and afe S S A cents per miNy fitemen, 2.2 to 2.5 cents per | proceedings would interest more raiiroad.” terward looking for the facts to suppord mile; freight brakemen, $52 to $60 per month; | The bimetallist arose and held up a book [ “Thero is one thing you will be compelled | it." | baggagemen, “§807 and’ $55; passenger con- | which he sald was a copy of the report of [ to admit, whether you want to or not,” sald 4Coln, Ce | Engineers atil -Bremen are guaranteed a I have the report of the State .\).:rlv'ub‘ minimum of o000 miles yer ‘month, aad | tural eoclety from 1850 down to this time.| «pnere are several reasons,” sald the bi- | %h00l he says the interest, except in cities now ‘dverage some higher by the | first to record prices, but they re ofton re- | tlemen, Hising. ' Y drain to supply the rmy, or some other Y g a nin l‘h‘rrrd to in the review of the secretary and | cyuse, had been stripped ot hoge. 10 fact This is Mayor Granger, of our nelghbore George E. Roberts. AARAAAS. AAARAAANARY | PARIRADISNPAPDILLLI LSS | You seem, o, ghink the condition of rail- | tha reports of the county secretaries. In | (o' L Ing city, Fort Dodge,” sald the chairman, 1, " <, ‘. . : .- ¢ he United States agricultural report for 1865 | road employes s Bient. aneared Coin, Hal: {139 the seoretary of the Jefferson County {printed 11 1806) shows. luse live Stock of all INTEREST RATE HAS FALLEN. foadmen Weee-not all of that oplnion last | Agrioultural soclety, although he referred 10 ( ifinds In the oountry, January 1, 18580, than | . “Twenty years ago, and even less,” sald year. the greet boon which that county possessed |y 1860. Hogs had fallen from 17,383,620 to | Mr. Granger, “10 per cent was the’ lowest “'You have’no right to put words Into my | n a railroad, writes as follows about farm 616,876 3 vi % ailroad, as follg out fa 616,876; cattle, fro 99,880 to 12,674, [ rate of interest known here. One per cen mouth,” sald the engineor. “We are compar. | profits: L UL T e UL B \ . i . 968; horses, from 4,287,426 to 3,800,019, The | & month was regular at the banks, and prices fe destroyed. If you have anything | N8 the condition of wage “"'rk"% now M”: ., OAts are selling at 25 cents per bushel. | jaw of supply and demand, which always | ‘Shaves' and ‘commissions’ were common, i ¥ky HOWLIN the LG T8 Ra¥ 160 former times.” I am satisfled that it has not | Wil not average hait a crop asserts itself, was under the market of these | AS late as 1850 our county and city paid § I took my statistics, as everybody does | Deen Erowing worse since 1859 or 1873. I| " iCorn will be an abundent crop. But years, per cent for money, but both have since sold who writes on_such subjects at a disiance, | hope 1t will grow better and that they Will | what will our crop avall us? Just now it [’ “In the 1866 report Secretary Shaffer re.|® Per cent bonds at a premium. At least from the New York markets, T couldn't look | MOt cease to organize and agitate to make it | connot find a cash market at 20 cents @ | corde w heat at $1.75; corn, 35 cents; oats, 2 | three Important eastern life Insurance 0 IhSA AT L0 Cold better. But when 1 consider that Sothing. |bushel. ~ Many small lots have been sold at | cents; hogs, $6 to $6 per cwt companies have agencies in our clty to loan YUY don't you know:that trelgt o | most cerles, furniture, carpets, bullding | 55 cents, but there are no buyers who will |~ “Those were good prices,” Interjected | thelr money at 6 and 7 per cent. Interest _“But don't Tou Lo AL ‘”,"")-_”; s e | material, musical instraments and in fact | fake up enough to make an appreciable seid= | Goln. 8 L 1 rates have declined 40 per cent since 1878." declln b ‘l{"»“ RSt Sield as much as | €verything except —what comes from our | sation ‘upon the pockets of the farmers, of [ «Corn crop cut short by * continued | . "1 think It time,” said the chairman, *‘to o .'[‘ LT A " [farmers, is so much cheaper than formerly, I | anything like a marked impression upon the | the reade “Had the frost been one month | Araw this phase of the discussion to a close. "Coin brightened up for a moment, as though | MM Sure @ man who has regular wages I8 | uggregats indebtedness of the corn owners. * | later the crop would have been deubled. re. | The question whether farm values have de Coln brightened up for 8 \iscourse | much better off now than then. It is trne Oh,” sald Coln, “you have happened to | ducing it in price, and proving more | clined and are on a permanent down grade B A e tae LI oL I8 CIICTInN. oo | tRE tie TAAt CIghtesn momthu hinvs been BIte | catoli me ofi onb year, When there was il AL v by reason of our monetary system has been dee e D o B e e e | Ones for rallroad men the country over. |big corn crop. How about the next year? [ "““Tho 1867 report shows prices still boom. | Made by Coin the front and body of his leclined. The gold standard mad . | are not doing so well as three or four ‘Well, he the next year. In the re- | jng. Wheat about as in 1866; corn about 5o | 1e0ry, and it should thenefore be thoroughly, f v ined. But 1 th is thoroughl cline.” | ‘REIGHT RATES ARE LOWER . Wages have been cut and large | port for 1860 Secretary Shaffer writes, on |cents cattle and hogs, b to 6 cents. .’\.m.‘nu ) \ul |’\ nk it 1s harougiy. WHY FREIGHT RATES ARE LOWER, | humbers are laid oft ‘or ‘working on short | hago 54 | “In' 1365 prices had siomped badiy. on | domolished, and that’ we may pass on to 'Oh, come n sald Judg irdsell, “do | time. But 1 don think we want to lose CiWe ¢ fane sthing satistactol as to|page 403, at the Mississippi river, spring ) 1l quest l, s We can say nothing sati ry o o you mean to claim that with stesl track, | our heads, and say somehody is conspiring to ¥ i Wi Whedt i’ qu "E: fall wheat ai | You anything more to say, sir,” addressing R hah s twlRE ol Ry 8 ok > SR tekrsaoniy eg | COLH » can call the crop vast, immense eat 18 que i L o L “to support your theory that farm pro odpat b b B "",”'.'f'r TR AR rd '"-Ul,h,;-':“, unmieasured, ctc., but that 18 all [[f il 0 cents; oats, 30 10 36 | Juoty have muftored a decling and that mAM to a train as formerly, and d making any money out of it. 1 d on't believe “All the coreals escaped the blast and |cents z Hfaottired sabIce should dciiell LI L L eyl koent L OhAER | T e "“']"‘f"‘ "”""k"“'“""‘.‘"",-‘""‘ uia | mildew of previous years; for example, oats | “In the 1870 report the secretary for Lee | "RGNTC SAREE SAGRC SECRRERT T ol count for a decline In rates except by charg- | has caused it.” I belleve that If they would | FUiiel Gf PEERIOus, vegras for Cod Atter | county, which had the advantage of river | Al COre 1o say now ' sald Coln, [ls the ing It to tho gold standard? 1 hould ,V‘\r‘v‘\‘k\.n\)‘xmulllil'n\lu O ot e Anancts there | harvest they were steadfastly refused at 15 BT wheat Is worth 80 cents | jcpoq ‘g @ unit of value In 1792, that the frelght charges ought to be less than form- | d be less the matter wi 3 cents | to $1. standard was secretly changed in 1873, and erly. If they were not, I would say there You talk about goods being cheaper, ““These items are extremely unsatisfactory, | “The 1871, 1872 and 1873 figures I have | that siiver 1a the tine nked in 1373, aon was outrageous robbery said Coln. ~That Is Just what I claim. The | yng no reader can possibly regret It more | already given you. ure today. There sn’t gold enough in the 5 5 ) 8 diioed by 14 “1 wiil admit that,” sid Coln, [ e AL R LG e A LA VY (RS In the 1878 report (page 381) Is given an [ world to do its business, and the result of “You might as well admit everything, |being crowded down. Gold has a lavger | “qye secretary for Keokuk county says |abstract of an address delivered by Charles | tha gold standard must be a contraction of young fellow,” said le.(mwlmgm-n T'\ml command of all these products. (page 387) H. Rogers at the Harrison county falr. The | values, which fs constantly unjust to debt Is your wholo case. The same progress has| ;\poR BETTER PAID THAN EVER. “‘Corn s the leading article produced, and | following is an extr: R aaihe et e is most relied on for a sure return, although | Proud of these aspects and of her progre ow are laylng down a great many gen rafl- | “I don’t see how that hurts me,” said the | '8 M0 Y as in railroading, and if you admit that rafl- s i — ral propositions, said t atrman, | / road ratos are legitimately and properly | engineer, 50 long as my labor commands as 540, Betiar take Goibap AL R TATRR 3 lower you must admit that the same cause | much gold as eve ? o YBAL STAN ) OF VALU has a natural and legitimate eftect when it | The audience smiled at the apt reply. : . oy oo g ?"mm \ reduces other charges. Why, every time| ‘‘You have got to prove to the wage worker B .pOne word more.t suld the bimetalls one day's Iabor s saved from a ton of pig | that these declines are coming out of him," ;elore wa lcavo Uis question of prices an iron the price legitimately falls that much. |said the engineer, “before you can expect ;. e ll‘l‘vlln [xlmv: the ‘lmmm’r\:l nlc' \\“'lll;‘ll; n“uén\: -: It is no longer in tie cost, and it ouglt not | him (o argue that cheaper goods are a ad N fusta littls more.. The. 1acdl’ SAMARKIRG AR “ A ARG L& to be in the selling price. ' Why, now I look | thing. It hasn't hurt me any, that = 3 e productive e of ma AR RN RN, SNARIRNRIRNN RNNIRANNEIAPINLANLI®. L 4, 1 belleve you' have left. sclence, dis. | see, to have the frelght rate on the Northwest ] o . YaLlata biie peoductive) vali ctiomtE Pt hen to, covery and progress entirely out of your | ern road go from 2.3 in 1573 down to 142 in COAR et e A * SECOND EXTRACT. man, {ooklng. frst Lo (he farmar and thanea | SOVALY SRR D OB ERE R L e A SekT 4! 18] K00 us cnder thy : \ tary standard, but can keep it in sight and On the 24th of April, 1895, the Eagle Grove | the Dimetallist | —- - A your whole argument from the decline of AAAAARANAL A AAAAA AL ALAAAAN NARRIARRL AR AR IRRRN RN RANINNRRNRL IR ARNANRRRI NS AnA | A know when we are leaving it. If a_man _— —— | old rate, and to the extent that I buy goods S oW given amo ey N Sohool of Finance opened W the opera hou The farmer looked a little dazed. | ¢ I am benefited. Certainly it has been of W4 , 3 i o P L ""fl"‘m{s“lffi:;":, > L e b I"” St R iitein Do you say he stammered, “that the 80 conrs A DAY | great general benefit. Do you want me to 3 d fhe sura Shall Topresony ths. shuiRYACTGHATE sy B ey ibin, - alter ot kb scemanty | Sora crop of 1818 was gfeater than the osrn o e pltlilant Me UL ey L LRGN il s 12 S labor and self-denial that it did when he res th previous chapter and announcements | crop of 18937 How can that be? Towa was for $2.50 that in 1873 cost $7, or because ; A A which had been duly made scarcely more than half farmed In 1872, and e can shoe my family for one-third less money? celves back the same days' works that he add Judge B. P. Birdsell of the district court | ;\""N%i A:rp}\ ‘\l”“l":"“"."")‘ opened. There g ¥ I can’t control my feelings m‘n‘.lzn Ib‘\‘l-‘;!(!. > vanced, plus the ’st agreed upon, and wax| selected as ohalrman. He announced | oS U0 NS NS g oiving ! ™ : St Ve ST NS e eridieii b the axehangs. of wOrk" b Sommon: AmORR that the purpose of the gathering was to con The bimetallist arose with a smile. sympathy with his views olir tarmers fn harvest and ((rexhiAE (N sider the adv'sability of immediately openin TRIC » THE SILVE , 0. & w something about wages in Chicago S T ~PRICE AT STATIO! “If, when a §1,000 debt comes due as R ® THE SILVER ADVOCATE. A 0 MILES TO A RAILROAD—PRICE AT § D ) . when @ the mints of the United States to the free | 1CKS OF THE SILVER ADVOCATE. % - g said an elderly gentleman, rising. £ -~ ] - much’ as labor and self-denial are required to Soling slver & > of 16 and **He did not say the corn crop cf the Unit:d s My name is Jonathan Clark, and my home | it s now selling at but 15 cents per bushel, | in practical agriculture stil condition | 1y vt as were required to create §1,200 when, B ey L O O OE LDt T e w g thr SRITE 1Y (e THE 190815516 f Olifagor ‘1 P per i Ak n AHAGA RN AL hAL LS of the laboring man and s far from | BA¥ S D8 AWE o, the, Botroyeri eI as the subject was perhaps too large”to be | oiaCy Wa® Breater in 1872 than in 1893. He fs stiil in Chicago. T came’to Chicago in |and will not command cash at that, " AR L R * "Worked, | the debt was made, the borrower’ said the crop of Illin 1848 and began work for C. H. Cormick Those report gald Coin, “‘show for [ (i vihed and waited adequate re- | $200, and such a condition continuing woul reached in all its bearings, to partiaularly | Q" siid the farmer, his face clearing of : at $10 per month and board. 1In 1853 I began | themselves that there was an overproduction | ward until weariness hus woll nigh be disastrous to society. examine the points urged by Coin in his| perplexity, but filling with disgust, *wh business as a builder. Throughout the 60s I [ in those years.” to . Farming has been a finan What is our condition in recent years a 1 hould i 1 2 $1.75 1 d oth “Oh," said the bimetallist, “stick to your | clal failure for the past three years. Hard 1 with twenty-five or thirly year Chicago School of Finance. Coin, he said, | should a man write such a fool thing as that? paid my foreman $1.75 per day and other h," said the bimetallist, “stic ur | cla e for the past three s Hard | compared with n 2 o i ba'timake the 0 A CAFentats S1iE 1a [t A, e opositic s ere not so low in | toil has opened up fine farms and brought | attPATAG WIS gib) thoritativl s of the whole ccuntry, ere the best pa echa en, ; | 1869, o1 of ') , a8 now. arvests, b o 8 . paid | Sho e have is the ate prosence of a gentleman who had long been | 19 [0 STO0 B (NG MAGIC €ruBtey. —— | they got $3 per day. Mechanics' tools cost [ (o explain already why your positive state. | Rarvests, but the i ehenn elothimg | wages and the cost of living, made in 1892 an advocate of international bimetallism, but ‘‘The corn crop of the United States in!article ought to cost as much now as it did | more then than now. The common price for [ ments are untrue. If supply and demand | until “the coming harvest There is no | It an_exhaustive examination into tholf differed with Coln radically upon the policy * said the bim “‘was 1,092,719,000 | thirty or forty rs ago, and that if it|day labor, down to war times, was 76 cents ml"rvkll‘wl |nrh~;< lhw)n ”n.;u law m\»{_v m\‘:- :;vu’m\‘; m‘;f llnillpu‘-(v--‘m|Iv|‘:1v;il\3.‘;;7; ““vm‘)h;‘.;u r-r.ntllllur of “‘.:gl'w.‘kl”.\\ “".ufi."r‘l'fl'g' lv,vig =1 2 A | o 89 $19.496.13 shels, or | doesn’t something is wrong. Why, my boy, | to $1.” something to do with them now. t do | thoroughbred stock anc nish the home | nonpartisan. ound that, compa RS el e '”m'-l 1a | about .‘”,‘.}A,m‘.ll.,\,;' ,;'",.'.‘:;:'“ ';’fi.]l b:nl:f "the ')lw:u\“n:u.ztn:m 1 line with the “age ‘better [ “‘How about living expenses?” You have to say about the next year, 18612 | With any of the luxurics of art and litera- | with 1860, and ayeraging the occupations, th 7 To ln-;;ll(n‘;\'ll’h, a:\tl the judge, ¢ who | Clifeago quotations were about the samo in the | than that.’” “All manufastured gsols were higher than| I know that pig fron was higher than |ty G R Tabor which \‘\]n.v‘l‘xli:diu $100 1 goocly i3 1B8Y ike to as there is any one present who LERVS . PGl wiiole Atidiance swas . smiling | at thisl n nt years. Galico was 10 and 12 cents | Now.” said Coin, seeking to sh | " » bimetallist, a o would earn $17 goods . two years, there was a great difference 16 whiole audience Swas smillngpat it 1 recent yearw 5 e last book, and Coin aroused siig om | o 5 o comp: o burdel would oppose the free coinage of silver upon o » nors. The orop of | friendly chiding, but Coin evidently did mot | a yard, and.all dress goods proportionately: | of inauiry. % | the last book, and Coin aroused slightly from | conclusive as to the comparative burden of D favor of 1893-94 to the farmers. The crop of i & y )] Tighar: fo-niturs A “In the report of 1861 the secretary, on (4 comatose state, “we have had a hasty | debt in 1878 and now, for debts are pal a ratio with gold which the chief commercial | 1572 could not be moved at the price. It was i ala e T A o 1 yom bought a6 pood as mest pouch ( page 102, says that corn is refused 10 | glance backward over the years when we are [ with what is left trom living expenses.” B U Db i olotalulng 0 where | slmostudaniable. - In tiin part of Tows §t wan | oSl I8 Probably the oniy Depson in whe DUy mow s Carpats oro our of resch: harmeli® | cents per bushel of seventy-five pounds, and | supposed to have been better oft than now, | “I aseert that where wages have advanced 216 any, such in the house, will they signity | worth only 12% and 16 cents a bushol at the | MO, G870 Hhe MECL A (WS IWIRKS LGk | buy now; carpata MoFe out bt reac bt hister | that potatoes are abundant at 20 cents per |and have had a glimpse of conditions from | they have been forced up by the organization 1t now?” fallcond stations. I hold in my hand the re- | N008 (0, Par?® onot o Miron worker In | mia, uch Mgters glass was much higher. | pysnll What do you know about 18629 which we are said to have fallen. The great | of unions,” said Coin oow port of the Iowa State Agricultural scclety | 'eny 28 In 1859, Why, a h il in | Meat was cheager in the city than of late| "y gon't know anything about them,” sald | staples of the farm all had their fluctuations, Organization fs doubtless beneficial to all No perzon responded. for 1873, which says (page 10) of the crop of ‘,"";m, "‘";:'.’ Rk ;’,“l ,"1"“ "("'n "L‘,l. '}U"" sugar and molasses ccst more then than | goin, | but at times they all went lower than they sos,” sald the bimetallist, “but a union ““Then,” sald the Judge, “we will assume | tho preyious year, ‘untold quantities were Jg ceoaciaman led iblastoiuriiaoe o flour was!abdut the same; kerosene was | A\ HORITATIVE EVIDENCE ABUNDANT | are now, while the average of all Is not above | fs Ineffectual to advance or maintaln wagel northern New York show how far they were | 1, o YUAG wora lowerr of sotltde -1 { 2 ! onsitiane of businens” slntBreatE that there is no division here upon that point. | burned for fuel, being cheaper than wood or | bening the modern. ones AR tiag o0 JRHERS IS RIOWER 10 © 101" iWell, these are official figures. The re- | the average of recent years. And we should unless the conditions of busi L ;Hlm & All wish silver to be made a full redemption | €oal at any reasonable rate.’ On the other | = «f myst say,” continued the traveling man, | Chicaso. ¥ ports of this society are the best evidence | Dever lose sight for an instant of the re- [ No class of L.p‘w has s cured \1‘ l:rle A (2[ money upon an agreed international ratio.”” | hand the crop of 1893 brought the farmers | “‘(hat unless it can be shown that the labor | , Could & “‘""h“ small egoa build a house | ohrainable as to the condition of farmers in | duced expense with which these crops are | cent stadvance IpyAKoR IS it 5 7 about 25 cents a bushel at the market towns a given o 3 been reduced pay | ©f his own as cheaply now as then? this state in these years. Hefore you gave | now produced by modern machinery and the | years than the common farm hand At this point a telegram was handed to the | 8D0Ut 25 cents a bushel a SO0t |t oSN o s benn rediood [0 PET | renving kPR Mind otk of the account, | 118 Wiate 1n thiede years the declining con- | great reduction in the cost of the farmer's | laborer. Our problem is not whether or from Chicago. 1Is that sufficient | we ought to welcome any reduction in pri way to hypochondria over g Judge, which he opened. ~After reading It as to the corn crops of 1872 and 18937” | Can't we havo somo Nght on how Iabor 13 | he could build’fhe same house for much less | ditton of the. farmers you ougnt. to- have | supplice.” RESadva Rt ST wl]\l(’;"“lymgyc;:l'd' N . 3 i . v r " i " oyers, ethe since 3 he sald: “I have here a telegram from Gen- [ It was evidently sufficient for Coin. The | faring?" than then. But he would have to pay more [ looked up their condition in former years. I would like to ask a question,” said Mr. [ ployers, but whether, 1 “ Vi P v a P e 2a ¢ TR 8] es between employers and employed, disclosed his trembling limbs; all the assur- | in the audience. *I came to this country 1 was sellipg ggods in 1859 and 1860, tary says that wheat has not been a re- | Bagle Grove. ! ;":""‘:‘fm‘ iy oL vitaltar A here. What is your will In | 20Ce Was gone from bis face; his lips were | from England in 1854, a carpenter by trade, | & gentleman, ¥ising, “in a small Iowa town, to | munerative crop for some years. On page | Cortainly.” sald the bimetallist T o AT ther tosli e oA ho shall come here. hat is your wi 857 410 016, Naaiipd BaRbiacts Lotok. I struck Chicago and worked at my trade | the country trade. 245 ho states that cattle buyers are quite | “Coln's thieory,” said Mr. Miller, “Is that | “Your statlsticians are the tools of employs P e malterts There was a dead silence in the hall, | there for §1.25 per day. No class of labor [ “What town, and what is your prescnt loca- | numerous at Fairfield (his home) and prices | tho bullion valuo of siiver will purchase as [ €rs: How about the multitudes of idle men, jof T, imotallist Arose. \ald, “I think it is | COIN's attempt to establish his theory by |has declined since then, but I can tell you | tion?” are not remunerative. [The price of dressed | much corn, wheat, oats, pork, sto., now as | the Pullman Sterke, aed eif UL SIS Mr. Chairman,” he said, » of | the corn crop of one state, which produced | something that has declined. When I was is Mr. Q. Sang, a salesman for the J. | hogs,’ he says, ‘Is now §2 per cwt.' ' at any time in the past. Are not those port an advance of wages in 1594 anybody well that we here determine the scope of | (10 SOt Grob of one slate, which produced “Iwill venture,” said the bimetallist, paus- | figures from the Agricultural soclety's re. | DOTL an advance o this inqulry. 1, for one, desire the restora- | S SRioIGh O She wwhole ctop, aapeared Ing for a moment, “that the price of live | horts in paper money MM, Coin,” said the bimetallist, “this {8 = sinsatistiver ax redemptlon-money the WoRS | onos viswed “bim aimost with pity, His R HOERRHAEA Yoragad S AR LI Raon e RN |\t mybyiikrell an intelligent audience, and I advise you to Overu s Tiwant it Interchangeable with ®ld| ogumont 1ad been reversed agaisat Himselr 4 R figure in Fairfleld for the last year, and the And If those prices were reduced to ex- | 4qaress yourself to its reason. The stragiew gie srarlq lovers - I want It interchangeahle | “ipg ¢raveling'man was the frst to spoak. i Gk e Ters, and what a differenco 10 8 | changeabllity with silver bullion they would [ o¢‘Viia ast year have been attributed to two With gold on a basis of actual, Intrinsic value. |, 5"} MATIAE, AR was the first to ’ 3 3 P EY farmer in"the amount of store goods his hogs | po*giel ) B Sbe ST, OB, O L DA Lo ot emotoyara A TR White I concodo that the larger use of it | * il GUPRE s famatk (o Colne™ S2ri & ) A R DT DR LT WAR PRICES ON PAPER BASIS, ness depression. The money system, which will add to its Intrinsic value, I wish t0 | ohjoago to be knocked o o first round? [ A he added, to Coin A : “the only subject In this debate, 1§ mot avolr any confuslon of silver coinage with | (1880 10 be knocked out In tho first round? PUEELTNS oy ‘I don’t know about hoes,” sald Coin, “but Jatd e bimatallint amiling. (14 the 0y, BHMESE 1R Lt S AN the {ssuc of flat paper, the quantity of which | (1%, 014 You ever come to compare the crops s TR NI o I know that nails were higher than now.” | “In January, 1865, gold was worth from 197 | responsible for greed, and It 1t ls tesponsie must bo regulated wholly by congress and | countryr OFf cource the meon. of INior : She sidisnce Taughed gerlaienly.. o o [ 10 208 AUa silvar wan worth moce than shats | &5 much injured by it as the employed. o an opi lssue at olections. General | gong iV ) O 0 e ey f 1 3 St Sy 863 carries us pretty well into the | 5o that all the quotations o 5 “must be | AX muchiinjured by 1t & Hpoyess B R or pet o He [0 J1oF Mone ik it rloas Wiy HTowe ? war,” siid the bimetallist, “store goods had | reduced more than one-half to arrive at the | PANICS PROVE PREVIOUS PROSPERITY, does not believe in redemption m at 8l i dister thie Tilinolat brodiar) 100,000 000 s o R : f21t the advance caused by paper money, but | equivalent in silver dollars, Even the qu “Without entering here into any of the Ho can not sincerely believe in the use of | fye" ot e R TR 3 n: Secretary Shaffer attributes the higher prices | tations of 1873 must be reduced 15 per cent | other causes which are suggested as con= silver as money; for why should any people | thay s the way S . ot RN R0 1 A N of that year to a short crop. He says that | to get them to a silver basiz, where Coin | tributing to the revulsion of 1893 and 1894, toll to dig metal from the carth when & | had better go back to Chicago. I think o 3 & ] wheat for that year was below an average | challenges comparison, while the prices || will assert that such revulsions usually scrap of paper will serve the same purpose. | are done for here, anyway.': x 3 e 3 price,’ he says, ‘at this Vriting | of 1895 must be doubled to get them on th furnish proof in themselves ”r :\u["vr‘l?m:: a anyw o i s o 80 st year 30 to 40 cents | s ould o U8 CO N s | prospe d expansion preceding. It General Weaver favors the use of silver | Coin finally pulled himseif together enough AR W15 Lo.80 cents: last vear 0 to 40 cents | pasis. This would give us corn In Des | prosperity and expansi m preceding, INEN t all, the lgss Intrinsic value there is in it | to say that he had evidently made nis 2 AR age 416). On the same page ho says that | Moines fn 1873 about 14 cents and in 1895 | of prosperity, when money Is easy N A A . . 5 I think it | taxe. b iy Mt g R g in consequence of the partial failure, ‘prices | ghout 90 cents, or wheat in Des Moines ‘n [and so many ventures are bringing profits, the better for his consistency think it | take in taking the statistics of Illinols in- of all provisions rule much higher than a |3 bout 80 cents and in 1895 about 90 | men become more sanguine, too venturesome, will only confuso the issue to have himn and | stead of the whole country. year ago. Flour §3.50, last year D- | qonts. Hoga in Des Moines in 1873 about | and. overestimato values. . Eiderly men, who his flat ideas in our discussion.” Tho chairman, Judge Birdsell, looked tatoea $1, last year 20 to 25 cents: onlons | $5"ewy 1 ens mhont oo i have had experlence, will utter words of R st e U epestadlenangiasid; : 3 herd to get at $2, last year 50 cents; corn 50 | “our friend, the travellng man, bestirred | caution, but the young men will laugh at T have found General Weaver a very | W trust, young man, that it was wholly 5 T T S T R s rae i h ho ‘old follows who are behind the tines. S Aoy o cause vhich T am istake. Do wis! o, i 3 s, last y L A HpoTH N, 4 himself again. ““This is a flood,” he said to | the ‘old L b vigorous worker in the cause for w a mistake. 0 you wish to say any more £ i &gt year $2. apples 50 ts, last year 30 to 40 | ooin. 1t se to me that your whole case | By and by something happens to check the laboring, and whatever his views on flal |upon this point? 1t not, we will consider g - ” e nia O Sl baait Sl I danger. You have wseq the decling of | paco. Suspicion breeds. Confidence in value money may be, ho has a right to them, and I | it clased by your admission that the formers / R ; 4 ““In_this report the Polk county mecretary | b5 !0 danger. You bave used the decline of | pacc oDl C on "ty to turn thelr property halitlought: torhave o hearing." of Jowa had more profit from the corn crop - y says of corn: “This great staple article, I am [ uite eicar” that there has been no goneral | Into eash. Bvery man makes a rush for what *‘Nobody questions General Weaver's right | of 1893 than from the corn crop of 1872.' i 4 £ R g i sorry to report, Is almost a failure this year. | jocline in farm products in these primary |15 duz him, and then comes the collapse, in to his opinion,” said the bimetallist, “but | Coin gasped and sparred for breath, — He 5 4 ; / The market price 18 now 30 to 40 cents por | Sechne In Y | Wpieh no one will buy anything at any price, line to recognizo him as & friend of | oould not, must not, admit that z 7 bushel, ‘as agalnst 12 to 20 conts last| "“Tnere is no use arguing that point with [ Each feels that he doesn’t know what the Nine-tenths of the free silver) “We must have something more than hear- 4 e % fall.’ these people,” sald Coin. “They are proba- | right price is. He will wait, and while he %#as R e R e of s iing the | oy teatimon Ra: aalg; Pusthermare; 7/ “In the report for the next year, 1864, We | pjy correct s to prices here, but their case | waits there Is the stagnation’ which charage as silver men for the purpose of dividing tha fwhy do you select these particular years? T 74 N strike the booming prices of what is called | i oxcoptional. They lacked transportation | terized 1894 forces of honest money. I will not know- | And why do you select corn? You raise ; : I 7 the war porlod, although the war began three | aoitter a were distane feom maiet ot | T a0 ces of commodities drop to cosh ingly recognize any of them as suitable or |something besides corn out here, don't you 7 z years previous and was nearly ovei with farmers farther east it is different.” of production the doors of the factorles clo; sincere champlons of an honest silver dollar. | he said, regaining his spirits somewhat, as ! 2 7 { report for this year we find an addre “I don't know about that's helping your | and we have the sad spectacle of idlene In fact, they throw suspicion on the integrity [ he thought of a possible escape, “and you 2 3 livered by Hon. John F. Dillon, before the | cage, said the traveling man, doubtfully. | ond went. When the storo shelves are ex of the wholo moyement.” raised corn in other years, did you not? / 7 Union Fair, held by Scott, Clinton, Cedar, | i1¢ (ransportation facilities have brought new | hausted prices advance, as they recently Colu's face calored, and ho looked 1ike a | “Wo compared 1573 and 1894,” said the ! 7 ; Jones and Jackson ‘counties, at Wheatland, | competitors into the market against the east- | have in cotton goods, and the mills Tes person under suspicion, but said nothing | bimetallist in lcy tones, “becaute you had s b September 9, 1864, ern farmers, and made prices lower, I don't | open adually there comes a feeling of more, and General Weaver was unanimously |an explanation for those years. 5 . h On page 114 he makes an estimate of the | yoo that the gold standard can be charged | confidence. that bottom has been reached voted out. o Coin shivered, possible income from elghty acres of land | with it It fs a natural Influence, a loveling | ana that prices are as low as they will gote *Now," sald the chairman, “I belicve we [ “But,” said the bimetallist, continuing in that year as follows of conditions. The west has practically been | Then capital flows out for inyvestment and are ready for business.” “I can_give you the price of cory I 2 bushels barley, 3 bushels per acre, 70 | moved eastward, benefiting. it, and to some | mroocaPpo O O son s Temembered Coln was already on his feet and began to | in Des Moines, the capital of the etate, for = s e Pt Meanehis per aere, gt > | extent, no doubt, damaging those with whom | b eved "efiow who has been pinched, bub address the mooting. Ll other years. From page 10 of the report = “bushels at $1.70 per bushel ' 1,0 | it compete gl twenty years from now the country will be A "|l.u:||uls and Gentlemen: In seventeen hun- .ll_:.].- 1mlv.J'. Iul» Agricultural society for ul cren ’x corn ull.‘,\ln ] iy )w..-1 pes ;)\I;‘ are inc ['fi"“"," ;wl oIn. | fy1l of young money makers, who will need red and— 87 read the fellowing:" | R L B hushels at 70 cents per bushel.........o...s hey claim that everything but farm pro- [ 2"\ iV of their own. Ak S RS S TRk X A FREE SILVER FALLACY. / L ne moment, please,” sald a volee. PRICE OF CORN IN DES MOINES. A PREB A ducts and labor have declined. It s un- | * WNolooV delires such a condition of affairs TEST P T v i Y Spea 4 g ’ easonable to suppose that th should b > ed States for the A QUESTION OF TODAY. Decembor Decembe Decemher, | A SR reasonable to supposo t we have had in the United States s v - getting $1.25 a day for my pay my wife had | v. Farwell comp yhica ; " here,” sald Coin, ying * | escape when all else is influenced. The sam Y = s absurd o 48 [N B & f2e holal some woaks Drevious | Again thers was a silence than T can buy now for 5.” ““We, In the country, told standard prints in | fho%, What an abundance of money Will do| g0t tarm products and labor.” Such a conaition permanent. Nobody makes and to whose earnest desire to sift the truth Hpi Ifmataliiet aontt 1 “I can tell you something,"” said another. 4 o g ard p - for the farmer “WIll you permit me to explain thaty" |Such a nd f ey from error this meeting was due. “inally the bimetallist continue | 40 2880 1 wan s pomething,". 8ald 8n0Lher. | (hogo years,” seid Mr. Sang, “at 16 cents por | “ipomt tnterrupt me in the middle of the Wil 2 parnl a profit on unemployed labor, idle factories “There may havo been something done In RS 25 X fd the following figures, showing | In 16D 1 Was & porter in & hardware store | yara, “This' was for Morrimack and standard | sposwer-s yemarka. sald ihe. bimetallist said the blmetallst, because the de.|OF emply buildings. Purge your remarkd the last century of interest on this question, | PrGes of other products for every month in | 18 Utlea, PR eek. Same Job | goods, Wamsutta was as low as 12 cents. | “\yait until you hear how he congratulates mand for it tncreases rather than slackens, | and your Looks ol all such nonsense. Uu‘fll but what have seemed to me to be the vital [ 1573: 3 Oins e \m!vr ' said a young man, “a | Standard sheeting was about the same, six | them.” Mr. Dillon continued to say as civilization progresses. The more we | Your whole theory of money rest u]l;“" “1: points are not so far distant, It is claimed, o, 3 Mas AR M partioular mank who 'afiea ’M”ml for my | Yard for $1. Kentucky jeans, 60 cents per| I congratulate you upon the improved Have. tho maore we want. Thete is no kion.|-businsss depression of "",’v’“,\”, “!!(1‘ i 1 belleve, that in 1873 a radical change was | jy. 5 3 38 father by the day in Dubuque county, this | ¥2rd, now about 32%; Monson's satinets were | condition under which you, as a class, are ping point. The richer the world becomes | Will vanish when prosperity returns, ju + ¢ re $12ty - 3 srosecute your calling. Take, for | he back movement vanished when re made In our monetary system, by reason of | Harley ) 0 T R LA '35 per | largely sold at 75 cents per yard, now out of | able to prosecute your ca 1 > use It has for labor, It coats a |the greenba y el . Corn state 0s and 70s. He got $1.35 per vard, stance, the matter of agricultural imple- [ the more use \as oo Bl bl which all property has been depreclating in | (o +oovveeseeee ] day. That was common pay for day labor | the market, but similar goods are not over | el 1‘1\:hvm'nu»y, the mower, the reaj great deal less money to butld a given house | Sumption beca n accomplished value, and must coatinue to do so. The j} . N In a country o half that price; merinos were a common line e g >, These k a noblé | today than it did twenty-five years ago, but [ 1579 : 0 0 60)/In a country town. Now I can get no da price; meri e mmon line | the threshing machine. These mark a n oday than y y ] / e s done all of thi entire force and merit of Coin's argument Frres Dec, | 1abor at less than $1.50 per day.’” ¥ | of goods sold at45 to 50 cents por yard, better | emach. in. farming, And (RAL ora 1s. contem: | we are mot sontent. to bulld ‘the. pld: hious 1t the ack of 1673 has doRs SILIGE N centers In this decline of prices. If no such | wyear ..... 30 7 30 8 ‘I know what railroad employes got in | 800ds have taken ‘their place at 121 to 15| porary with you at the reduced price. We build a better [ you ought to be able el B loss as he describes has in fact h'-uu Buf- | Rye .1 i 0 sald the locomotive engineer who had | cents per yard.' T'think the decline runs in [ You are the most prosperous class \n the | house and put more labor into it than we did | effects in Bty '\h'“l““ D, TRMIRER here is nothing to be remedied. These | larley ... : % | been prese: he tel < " i = - community. ou scarcely c e ol e, twenty-two that have elapsed. :;::[:‘N“Are g o el R Dot protant et -ty patel aponiaion: <A [ abovt that JProportion through the stock of | fouch of war, except as you have boen | i sne ‘lmmi":‘u have not generally de-| “I am now willing to close this phase of can be shown in farm products as marketed | i\ o 500 50 500 500 two wesks ag0. "I went 1Nt \ne Lemsres L@l L i A o Torother in the Sause ‘wnd in | clined, except as prices have boen influenced | the discussion and pass to any um”b":.: In this locallty, and that the position of the | A gain the bimetallist paused for remarks. | oflices of our road, the Chicago & Nortnwert: OLD WAR TIME PRICES. Qeferise of your country and. its flag, | by changes In transportation, because hore | Coin may indicate 8 desire (o tako up, bu western farmer has greatly improved sin “With the single exception of wheat,” he | ern, and exam 1 the old pa .A‘ Wh L ¢! .o v | Prices of articles which you buy have, it Is [ 1s a limit to the land available Land and | suggest on 4 € s 1873 Now, I would like you to meet them | ¢33, all these prices are not only below | I suppose the officials wonld. ;‘:’Ix:“..m e ‘|" oL g Dack to before the war.” | {iiq kreatly advanced With quite or almost | labor ‘are tho chlef elements in the cost of | IF ‘would Itke lo besin tomOEEie |T.u at once on that point, for it they are right | progont prices in Des Moines, but below the | be bothered by daily appiieants. I, have o | f3/d @ substantlal looking gentleman, rising, | cquul‘Step, “With a bushel of wheat or b | farm products, and while the amount of la- | Coin, “with the establishment of the silver my interest in the whole question becomos | yverage prices of the past five years.” * | doubt a committee representing any body of | oig Con tell You, that the year I was 17 years [ iey you can buy as much, taking all things | por used is constantly being reduced the re- | dollar as the unit of value in the United very much less acute. I don't want to get | ' pyoy ," e ey ‘l“r P s R [E T (o P s Y ooy ] 0ld T worked on a farm for $84 for the year, | together, as in 1860 | duction has not overcome the opposing in- | States. After 1 have proven that it was so lost fn & muze of theorles and charges and | yidua) nad & hunted look in his face that dis. | erty that T had, 1 wens maven, the. Ub- | doing a full man's work. T remember that ow, that,” said the bimetallist, “1s not | qucy o0 BRG APF IETIIe o Coities there | established, T would like to have somebody stailstics erl 100 years, and finally |\ baad 3 hu ‘,f .~{A I .;“ l’ hat ‘!., Bt i A8 el it ABs | ¢ ed the follow. | QUring at least.a part of that year oats sold | What I would call very enthusiastic congrat- | | =00 o 0 "a g rapld downward tendency | explain who had a right to disestablish it 10avo here without getting whit 1 came for. | Tussed all thoughts of an attack from that | Doln refers ¢ pay roll of July. The man ee. | &t 13 cents a bushel and dressed pork at 2 | ulation upon such booming prices. Apparently | i o, GOVECHL G FARC SRV TENCOREY and how It came that this silver dollar, ite 1 heg pardon for the interruption, but if you | Sreh o lected from each class of employes received | CUts a pound.:.And that was not out west, | the speaker did [hot, have the courage to &% | is continualy boing reduced, and all the pri- | gelt the measure of value, camo .o be can first show these people how much their | % on ‘hase 18 of (his book & repor no more than the others in his class but in Monroe ¢dunty, New York." suro his audience that they were better of | mary” ‘matorials are belng cheapened. A | measured by something else & condition has changed for the worse sinc RS 08 DA AN 4 Aapee FROM C. W. RAILWAY PAY RO “What Is your: name and present postofice | URJEF these prices than in 1860." .. [ stove is cheaper than formerly because the |+t that is to be our subject tomorrow,! 173 1 will guarantee that they aeill listen | LS ROES packsd for the seasons of 1871 e PALLWA ROLE. 169. | o qdress? asked thd ohalrma “You don't say anything about live stock,” | ra"\ ™" mined with less labor, transported | said the. bimetallist, 1 would lke everys attentively G0 why It has gvown worse, 374 ISTET8 at the following places in Towa: 0 AV Aakad Ui Shiriog pdigap.E PO U less labor, smelted with lias labor and | body who expects {0 be present to do & What have you to say to this farmer's stat asliey FRAAEBAMD, ool RRRIAR: | - Name, I think we went these figure: i L AR waiting it | less fuel, cast In the foundry with less labor, | iyje — preliminary reading. I would ment that corn was %o eheap In Towa in | 1% Cedar Rapids, Council Bluffs, Davenport § . N, “I'notlbe that o the sapd the | want,” said the bimetallist. “I am here to | auq ‘wold with leas profit. ' With thousands | bybeeially like thom to read Jefterson on the 1872 and 1873 that it was burned for fuel? | Pecorab, Des Moines Inuwu.u» Ea tport, | FTanE rerce. whgT e | SAma i ’r:‘;’;y“““““;r““ ]“’“;”=(‘I’::c ‘l*;'fl;‘ accommodate you. The Blackhawk county | oo coger competitors studylng to excel each ney unit, which shows his views and ji - 1 : 1 1 Eddyvill armington, Fort adison, Glen- | John or 125 N P! A enrol (Coin 1 would prefer to take up varlous Jonn Hove A - Qo secretary reports about 2,000 head of beef | oipor these savings and this downward ten- | maie¥ St SRGRR B P80 N RS 3 atstion in my rogular order. | Wood. Hamburg, fowa City, Keokuk, Me- | Join Hargun. stationary o . 33 | ¥inced) he asserts that prices were not &8 low | cattle sold from that county during 1864, at | qince ‘uro fnevitable. It is the way of de Ing our colnage was first under discusslons phasss Tal ey Gr Muscatitie, Oskaloosa, Ottumwa, Frol Phillmire, car Tepatier In 1859, or before the war, as they are now. [an average price of about $45 per head; | yelopment also the recommendation of Robert Morris, sald Coln, “but ns I always Invite queations, | \\ FE%% L e e G ltS et A. A. Hobart, pass. conducior “Don’t forget in that connection,” said the | also, that about 13,000 sheep had been | ' «(ne who reads these old agricultural re- the report of the committee on the money T whil not dcline to answer this. 1 searcely [ 4.5 MO0 1yt PASVEETs WRIRERRE - 0 | onh sl basmigernan Wrikht county farmer of former acquaintance, | brought into the county from Michigan, Ohio | poryyis ‘fmpressed by the difficulties which | $h¢ FeBort of tho committeo on the motey need 1o do more, however, than refer you 10 | oyip *inat’ the ‘average price pad for the | 1omae Murrav. brakeman ; popat T hauled dressed hogs from here to|and Wisconsin at an average of about §3.75 | urrounded the farmers then and were the | it wnd the famotw Tepart of BLERSHCAS Pago 118 of ‘Coln's Financial School,’ which [ yort S Ve b *a theso. houses, some on | 3, & aumbridee, frelght con,. 3 Dubuque, 198 miles, before the war and sold | per head i subjects of thelr discussions at their soctety | {LamiItof: then fectolhry OF EOG MEeapiide B0 Sell Teconds my reply to a similar question by | tyg"eastern border of the state and some on | Michael Buckley, sec. lak 2ty them there at $1.50 per hundredweight.” “In the 1805 report, Lee county reports | megtings. One great problem was the fenc- | 1o SuDIee. CF Yoo (ave e SEREARE Mr, Henrotin, The cora crop cf Ilinols, for e - “What § ur na e adnas el hogs worth 10 cents per pound. Dubuque | jni wh ch has been solved by the invention | MOre, . = the western, would be a fair criterion of the s ¥ and address E | Gallatin, later secretaries 1872, which controlled the price until the next price of hogs during these years?" “Thomas Flaherty, Fort Dodge, la." county: Price of spring wheat "nrlhr barvest, | and cheapeni of barbed wire. Barbed | The meeting then adjourned, erop wus in sight, was 217,625,000 bushels, | "B, Gota was past denying or sdmitting “I can contribute some experiences in that [ $1: winter wheat, $1.25; corn, 25 cents; 0als | wirs was a great boon at 10 cents per pound, while the erop of Illinois in 1593 was 160,550,470, The Chicage prices In and in 1S4 were about the permitted to take part in the discussion it | " o Ve ot dea g e t eral J. B. Weaver, who asks if he may be ; starch was out of his collar; his knee pants| “I can tell you something,” sald a voice | foF the ground and, for the lzbor. In the report for 1862, page 243, the secre- [ Homer Miller, one of the leading citizens of | Stand them. We are not dealing here with it ) | Class. | Rate Total “What do these men get now?" asked Coin, “and how many are lald off or worked half ‘ e time? . d i1 D! 0 ouls, cents; ) W s sold ce Another he average price per hundred welght by | “N3T" 0 L 0 or and out of | MR8 sald another man, rising Juring navigation o 8t. Loula Rie; | but mow it s sold 8t Rl AGLAME | 4 iy E after navigation closed, 15 cents; average | was to got a plow that would scour in the | Contuglous, these establishments for thelr hogs in the | work.” said the engineer, “ws all know that | . \What i your name S0d adareasts g s Mun The aimenan. | Nas. 49 a0 & Pow Aol wamld peour do the | O Lo SR season of 1871-72 74, and in ¢ M . V. Manchester, side, Ia. uque for shipment to the Chicago market, | taunle has sone and the plo cheapened | oofessor of medicine, “yo B8A. s dacreased . population, the the freights and profits to local buyers. | west' were very light on account of the| *I hauled wheat from my farm in Webster wheat Is poor in quality and will not grade | care of the grain fields as they ripened. The | What class of maladies insomnia belong SIS Sh Dess mush higher. These figures are below the average price of | drouth, and the raiiroads have not so much | funty to Marengo, lowa county, in January, | for ‘snipment; corn, average for year. 40 | salfbinder Giaposed of hat and of all thels| “Why-cr—" replied the indolent ~youthy tiad to Mr. Meurotin, I say now: Overproduc- | hogs in any state today for the last fve | grain to haul Good tmes, when factorles | 1862, 150 miles, and sold it for 45 cents per cents; oats, 20 cents; cattle, 3 and 4 cents. | wages as well, and costs less than the old | wjy's a contagious disease. flen_accauats for the low price in 1873, and | years. are running and everybody buying ~goods | bushel. Took me two weeks to make one | Marshall county says, wheai Worth 80 cents | reaper. It would require volumes o Telato | i nover neard it so described, Whers the Kold standard accounts for the low price | “You dou't seem to check these people a | freely, are Cortainly the best times for rail. | trip. to §1; horses, average for three years, $150, | the benefits that have come by cheapening bl in 1893, Is that sufliclent " Nitle bit," said the travellng man to Coin. | road men, and also for railroad owners, and, | These spontaneous contributions from men | army and home demand taking all surplus. | the methods of production, ell (o bo written id you learn of thiy Aud the Jittle fellow walted, with a | “Do you admit all these things to be true? | it seems to me, for everybody. The only | Who had actually experienced the Floyd county says, buyers have been paying | down at last by the new school of finance From experience. Whenever w 12 | [ hroduc [be present | times Dby greatly stimulated th 0 9 cents for hogs and 3 to 4 cents for | under the head of calamities. There never | bor's dog can't sleep, I'm - .