THE NEBRASKA INDEPENDENT.
November 21, 1901.
. THE NEW-BORH CUBA
; Its Economic Condition
uncquaueu upporxuniiies
for Brawn, Brain and Capital
Cuba is today on the high road to
more prosperous times than she ever
previously experienced. There is no
disease among the population of 1,572,-
797 other than might be found In any
. community under a normal regime.
Poverty there is, of course; it could
not be otherwise In view of the events
of the last few years. But there is em
ployment for all who care to work.and
a fair wage to be gained with which
to support life. To the Cubans them-
due for the rapid recovery the island
has mad from the state of nrostratton
it had reached at the period of the
Spanish evacuation. Practically with
out resources of any kind, the people
went to work. The meager funds that
could be borrowed Were employed in
putting the sugar estates in order, in
planting tobacco, in raising crops or
larm produce, etc. After a hard strug
gle for more than two years the recon
struction of agricultural Industry nas
been achieved,, and smiling fields are
again to be seen where all was desolate
only a short time ago.
With the present favorable aspect c
Cuban political affairs, foreign capital
may now seek investment in the agri
cultural concerns of the island; buL
the work of reconstruction is beyond
any need of such assistance, and agri
cultural development will proceed
apace even if , foreign capital is not
available. The fertile soil is there in
abundance; peaceful conditions are as
sured by the United States in agree
ment with the Cubans. These two es
sential points are a solid guarantee for
prosperity in the future.
In the production of fruit Cuba is
rapidly regaining her old position.
Pineapples and bananas are freely en
ported to the American i markets.
Orange culture is occupying the ser
ious attention of many farmer. Gar
den truck is also being sent forward
to the United States.
Few who have not witnessed with
their own eyes the recuperative ener
gy of Cuba can realize the great prog
ress the island is making toward great
development, materially and politlcal
lj. The Cuba of five years ago is even
now but a historical fact. The Cuba
cf today; under the fostering care of
the U. S.' government, is pre-eminently
a country of Jhe future. The avenues
open to men of brawn, brain and some
money, are more inviting in Cuba than
in any other section of similar area
and natural resources in the world.
Cattle and live stock raising is a Cu
ban industry hitherto sadly neglected
save for home consumption, but which
because of the very favorable natural
conditions existing on the island, espe-
ft A will
ciany in oania vaara piuvmcc, mu
grow to stupendous proportions in the
near future as a result of the progres
sive and aggressive operations of The
Santa Clara Fruit and Cattle Co.
This company is a corporation of
conservative business men, organized
under United States laws, with head-
capitalized at $1,000,000.00. It owns
and controls over 86,000 acres in San
ta Clara Province the finest land ex
isting anywhere under the sun. Near
ly 56,000 acres are heavily wooded
with the finest grades of mahogany,
cedar, etc., while nearly 30,000 acres
consists of fine arable land rich in ev
ery natural element necessary for the
profitable cultivation of fruit, vegeta
bles, raising of live stock, etc.
In Santa Clara province the attrac
tions for settlers and investors are im
mense. The Santa Clara Fruit and Cattle
Co., of Philadelphia, Pa., are making
a proposition to investors and people
of limited means which possesses the
elements of strength, safety and pros
pective profit hitherto unequalled by
any similar investment enterprise.
The company has back of It some of
the solid business men of Philadelphia,
who are able to carry out their agree
ments and representations.
A limited number of shares of the
stock of this company will be sold to
first comers at par, payable in single
payments, or in monthly .quarterly cr
semi-annual installments. The com
pany binds itself to develop every re
source for accumulating profit along
lines ,of conservative and energetic
management. It is confidently believed
that inside of two years large quar
terly dividends will be declared and
paid, placing the company on the top
most pinnacle of success as an indus
trial investment.
For additional particulars, -literature,
etc., address The Santa Clara
Fruit and Cattle Co., 1001 Chestnut St.,
Philadelphia, Pa., or Limeburner &
Turner, "Western Fiscal Agents, 185 j
Dearborn St., Chicago, 111.
Some people seem to believe that
It s is the name, "people's party" or
"populist" to which those who vote
the plutocratic ticket most object and
if the name was changed success could
be . more easily obtained, That sort
of,, talk has no reasoning to sustain
it. While the plutocratic papers tour
out the vials of their wrath on the
name, that is not what they object to,
for no name could be invented that
would suit them better. It is the prin
ciples of the party that they are
against and the fear of the legislation
that would be enacted if the party
ehould gain power that , they are con
cerned with. What possible name
could be invented that would be more
acceptable to them than the simple
and all embracing one of 'people?"
To think that any other name for an
organization defending the principles
that populists believe in would . be
more acceptable to them, is a vain
imagining.. -
DAWKS ON BANKS
Charles G. Dawes is a candidate for
offlce just at present he wants to be a
United States senator and in conse
quence he Is talking to suit the people.
He believes in national bank notes
and is down on the greenbacks, but
,fce sees that it Is to his political Inter
est while, he Is a candidate not to go
too far along the' line of favoring the
bankers. The other day in a speech at
Joliet : which .!' he y made before ' some
workingmen he said:
The proposed plan would en
danger the stability of our cir
culating medium. In time of pan
ics there is need of an emergency
circulation to lessen the financial
stringency that always shows it
self at such crises. To authorize
the Issuance of asset notes would
add to rather than relieve the dan
ger of panic.
Asset notes are a convenience to
the banker rather than a benefit to
the community. With a govern
ment bond behind the bank there
is no question as to the soundness
of its currency under any and all
circumstances.' An asset currency
would be a constantly varying
quantity of uncertain value, and of
least value in times of panic, when
there is the most need for a sta
ble currency. ,
The condition which asset cur
rency is designed to relieve is an
actual one. It is to provide for an
emergency circulation which will
be of service to the public in times
of panic. Such money should,
. however, be subject to a repressive
tax, so that it- could not be used
for profit by the banks in normal
times. Such a restriction would at
the same time result in lessening
the effectiveness of an emergency
circulation in times of panic.
That will be good enough for be-fore-election
talk, but after election it
will be something' different. The first
paragraph is sorind and the two fol
lowing are partly so. All notes issued
by banks, whether secured by bonds
or assets, are for the benefit of the
banker rather than the community.The
issue of all note's by banks adds to
the danger in the time of stringency
and increase the danger of total col
lapse. The talk about an elastic cur
rency indulged in by the republican
spell-binders during the last two pres
idential campaigns was all clap-trap.
The elasticity that they talk aboat
always has, and always will work in
the wrong direction. At the very time
that the currency ought to be expanded
it will be contracted. To . sum the
whole matter up on the money ques
tion: "There is nothing true but pop
ulism." The whole people will begin
to appreciate that fact in about eigh
teen months or two years from now.
THE RAILROAD rUXL
The Boston Transcript, in comment
ing on the Nebraska election, remarks:
The Nebraska democrats must be
wanderers, for Mr. Bryan says one
of the reasons for their defeat in
that state on the 5th was that the
party did not have money enough
to bring home the men who were .
away from home to vote. As Ne
braska went republican by about
12,000 there must have been a per
fect exodus of democrats from the
state this fall which was unnoticed
by the press.
The way elections are managed by
the railroads in this state is of course
incomprehensible to a Bostonian, bint
it is very well understood by all sorts
of political workers in Nebraska. In
the first place the railroads of course
have a permanent agent in all the
towns of the state. How many per
sons they can find who would be
away from home on election day
would be hard to tell in exact figures,
but most of them will go home to vote
if they have free transportation which
the agent stands ready to furnish to
all those whom he thinks will vote
the republican ticket and to no others.
Here in this university town, where
there are five or six thousand students
and among them several hundreds of
voters, an agent of the railroads i3
always stationed to hunt them up and
give them round-trip tickets to go
home and vote the republican ticket.
Several hundred perhaps went home
from Lincoln to vote on those round
trip tickets. Taking the whole state
over in an off year, the republican
vote in the state of Nebraska i3 run
up several thousand votes in that
way. That is a very great advantage
that the republican party always has
in this state and of which the Boston
Transcript knows nothing. If it had
had the facts before It, the article
would most probably not have been
written.
There are a few things if congress
were run In the interest of the people
instead of the trusts and the banks
that it would do. It would take the
tariff off trust made articles, It would
provide for irrigation In the great
plains, it would begin the building of
the Nicaragua canal, provide -for a
government cable to the Philippine Is
lands, ratify the reciprocity treaties
and pass a Jaw. that would take away
from a government clerk like Madden
the power to suppress reform weeklies.
It is hardly probable that it will do
any of these things.
The communism of capital has an
other special demonstration which
shows that that sort of communism
has no limits in race and nationality.
The French coal miners, who jtre said
CANDY CATHARTIC
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1 I Ml II I III O turn m
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Sc. Mb
Genuine stamped C. C C Never sold In bulk.
O 1L I .a .
. ctcwaix oi me aeaier wno trie to sell
"something just as good."
X
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to be paid the lowest wages for that
class of labor In any country, after
years of work have at last effected an
almost perfect organization and are
about to inaugurate a strike that will
cover nearly all the coal producing
territory. When the French capitalists
viewed this situation, they called on
the American communists of their or
der to help them out and a response
was made immediately. The coal trust
began shipping anthracite to France
and putting it on the retail market toe
$2 a ton less than we can buy it for in
Lincoln. Then all the capitalistic pa
pers, both in this country and France,
announce that the strike has been
killed for good and all for if the miu
ers do strike, the French consumer
gets his coal even cheaper than he has
been getting it. So endeth this chap
ter on the communism of capital.
SUPPRESSED PAPERS .
Th third assistant postmaster is
simply a government clerk, but under
a republican administration he exer
cises a power that no constitutional
monarch' in all Europe would dare to
attempt. Last week he suppressed the
following publications in violation of
law and on the authority of his own
ukase. They have all been sent
through the mails under the laws for
years. The Independent may not have
the list complete, but the following
make up the number noticed during
the week: (
"Art Study Pictures," the Art Study
company.
"ReveH's Popular Religious Series,"
Fleming H. Revell company.
"Two Penny Classics," Charles A.
Kent.
"Forward Series," the Church Press.
'Tygodnik," W. Dinlewicz.
"The Religious Liberty Library,"
International Religious Liberty 'asso
ciation. "Law List of United States Com
mercial Lawyers," the United Com
mercial Lawyers.
"Anglicky Listy," Ant. M. Soukup.
"Nichols Monthly," Rowell & Nich
ols.
Milwaukee' comes in for a touch of
the postofflce branding iron, the list
of papers today excluded from the se
cond class inc.ading:
"The Catholic Directory," M. H.
Wiltzius & Co.
"Living Church Quarterly," the
Young Churchman company.
Vierteljahrliches Magazin der Mod-
ernen Literatur," the Herold company.
"The Bonded Attorney," the Asso
ciation of Bonded Attorneys.
"The Forwaerts Libra-;'," Victor L.
Berger.
"Gillan's Quarterly," S. Y. Gillan
& Co.
If you don't get your Independent
one of these days you may know what
struck it without further inquiry.
The date printed with the address
on your paper each v.-.ek is the date
at which your subscription expired
or will expire. Please examine it and
if in arrears favor us by sending the
amount due by first mail. If you put
it off you will forget it.
The term "black journalism" which
was first used In The Independent has
been largely adopted all over the Unit
ed States in replying to the charges
made by the plutocratic press. It has
struck the head-line writers as an
especially effective reply to the cry of
yellow journalism," made against ev
ery writer who would call attention to
the follies and extravagances of the
idle rich, and who support the doc
trines upon which this government
was founded.
BRYAN ON THE INDEPENDENT
The Commoner contains the folio .v-
editorial comment in its edition of
Nov. 22:
"The Nebraska Independent
which Is Included in our clubbing
proposition) is one of the leading
populist papers in the United
States. It is ably edited and pop
ulist readers of The Commoner
will do well to take advantage of
its free sample copy offer to be
found on the twelfth page."
The reference to the free sample
copies concerns the offer made to send
The Independent absolutely free for
six weeks to all those sending their
names for sample copies, so that they
may become fully acquainted with tha
character of The Independent before
they subscribe. In its full and able
Washington correspondence, free from
sensationalism, In its able and schol
arly contributors, in its discussions
of banking and currency, and In the
way in which it covers the whole field
of news in which thoughtful men arc
interested, it differs from all other
papers. Tne management tnereiore
feels safe in making this extraordinary
offer to send the paper for six weeks
free on trial to all who. are interested
in the broad fields of political econ
omy, banking, currency, good gov
ernment and the general welfare of
mankind.
NOTICE
Occasionally we receive a letter
from a delinquent subscriber who ob
jects to the payment of the amount
due for the alleged reason that the
paper should have been discontinued
at the expiration of the subscription
paid for. In reply to any who may
have a similar understanding we wish
to say that we do not discontinue The
Independent sent to responsible parties
until we are REQUESTED TO DO SO.
In our opinion a subscriber or patron
of the paper is entitled to a reason-
IN THE PARSONAGE
A Chapterv From the Life, of the
Village Parson's Helpmate
In .every Village the pastor's wife
exerts an influence often as great as
that of her husband. Needless to say.
the responsibility of her position is
great. Her approval or disapproval
is not given without careful and con
scientious consideration. This em
phasizes the importance of the enthus
iasm shown by Mrs. S. E. Leech, wife
of the pastor of the Methodist Epis
copal church at Madison, Me., over an
important event in her life. The ex
perience is best told in her own words:
"In 1895," she says, "the birth of a
child left me with complaints which
caused me to suffer for several years.
I was distressed after eating and was
troubled with nausea and the forma
tion of gas in my stomach. There were
severe pains and weakness in my back
and loins and I was also afflicted with
other troubles to which my sex is sub
ject. Doctors treated me nearly all
the while for three years, but. I was
not benefited to any extent."
"But you seem to have recovered
marvelously," was suggested.
"Yes," Mrs. Leech answered, "and
I will tell you how it was brought
about. I had read of cures effected by
Dr. Williams Pink Pills for Pale Peo
ple and I decided to see what they
would do for me. There was a de
cided improvement while I was using
t: e second box of the pills, but I did
not stop taking them until I had taken
six boxes and was cured."
Mrs. Leech suffered from the same
troubles that are making thousands of
women miserable. A few of the symp
toms are "severe headache, loss of ap
petite, exhaustion, pains in the groin
or limbs, pale or sallow complexion,
nervousness, offensive breath, etc.
The sufferer may exhibit one or more
of these symptoms," or may have all.
They simply Indicate the ravages dis
ease has made upon the system, and
the" more . of these symptoms the pa
tient shows the greater the necessity
for prompt and persistent treatment
until they have been banished and the
bloom of health is restored. To ac
complish this end, Dr. Williams Pink
Pills for Pale People are the only un
failing remedy. 'They are one sale at
all druggists or will be sent postpaid
on receipt of price, fifty cents per box
or six boxes for two dollars and a
half, , by Dr. Williams Medicine Co.,
Schenectady, N. Y.
able extension of credit, a reasonable
amount of time in which to send his
renewal. We look upon the renewal of
subscription the same as any other
business transaction. For example:
We purchase large quantities of white
paper have patronized the same com
pany for several years. You will con
cede that it would not be courteous
treatment for this company to de
mand "cash in advance" of the ship
ment of the paper j Should such a de
mand be made we1 would feel inclined
to 'resent the arbitrary . action of the
company and send our" business else
where in the future.
Practicing the rule of "do unto
others as you would be done by," we
do not abruptly- and arbitrarily strike
a patron's name from our subscription
list. We continue sending him the pa
per until he renews his subscription or
we are advised that he does nof want
it longer.
On the wrapper is stamped the date
to which the subscription is paid.
which is sufficient notice to any
reader of the condition of his account.
We do not send the paper free of
charge to anyone. We believe that our
policy is just and equitable. With
very ' rare execeptions the readers of
The Independent have appreciated on
liberal and generous dealings with
them. Of those who do not appreclaite
it we can only say that it is impossible
to please everyone.
THE INDEPENDENT.
badlyTisgruntled
for , by the- contract and will keep
warm the insane, the blind, or the pau
pers tor whose benefit it is bought.
In state , and , county Institutions
questions of quantity and quality are
not considered in purchasing supplies.
Bread and meat are not bought to sus
tain the lives of the inmates so much
as to encourage the republican butcher
and baker. It is no consolation at-all
If that butcher or baker cheats, that a
republican, not a democrat, is the
gainer thereby. Both alike are fit
candidates for the penitentiary.
It Is an article of faith in these in
stitutions that drugs cannot safely be
bought except from a republican drug
giBt, and cannot safely be admin
istered to patients except by a repub
lican doctor. It is assumed that a
physician who votes - for democratic
candidates cannot have received a
complete medical education. No
clothing will pass muster unless it
has a republican label. The goods
may be slazy and have no wear la
them, but. that is overlooked so long
as they are politically sound. '
Hardy's Column
Big church Building. Hard to Sub
stantiate Old Republicanism. Clean
Out, Signs of the Times
One of the three largest church
buildings in the United States was
dedicated in Lincoln, Nebraska, last
Sunday, by the St. Paul Methodist
church. There are several higher and
more expensive though but two that
cover more ground. It is promised
there will be a social room kept open
every day and evening of the' week
How much better such a place will
be for young people and strangers
than a saloon.
1
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It has got fcr- that pitch that politi
cians do not dare to oppose woman
suffrage or free trade in a joint public
debate. The negative of these two
questions is the hardest to substantiate
of any two public questions now up
for settlement. Congressmen do not
dare to hold joint debates with their
opponents, neither are they anxious
to make speeches in congress on that
side. A law that helps one sex or
class to the detriment of all others
is worse than Infernal.
Just as it was in purchasing stone
for the penitentiary, republicans did
not think of buying it of the quarry
men for then they could not cover up
the steal, but sent another republi
can to buy the stone and then paid
him two prices. Just so republicans
do not always buy bonds of county
authorities but wait for another man
to buy them and then pay him an ad
vance. Of course the advance will be
divided some time or other. Pre
miums have been paid on bonds and
our state treasurer ought to know It,
and could he not pay it to the county
as well as to the first purchaser? Over
a year's interest was torn' off as pre
miums.. The county officers could have
torn off that interest just as well but
then there would have been nothing to
divide.
The Chicago Tribune Seems to Have a Very
Bad Attack: of the Mulllg-rumps
The Chicago Tribune evidently
wanted something and wanted it bad,
which it did not get from the republi
can party. The proof of it lies in the
fact that it has lately been engaged In
telling the truth about the republican
governor and other parties which it as
sisted in electing to office. One of its
recent editorial attacks on the repub
lican party was as follows:
"We know what the spoils system
brings about," says Dr. Hirsch. "No
baker can sell bread, to a state institu
tion unless he is a republican. You
can imagine what this republican
bread is when the superintendent
would not buy any other bread, no
matter how much better in quality."
The men in charge of state institu
tions find in "republican bread" hidden
virtues which make. amends for sour
ness and short weight. The men In
charge of the county institutions pei--
ceive in "republican coal" qualities
hidden from the public which offset
the shale and dust mixed with it. x
The man out of offlce is not inter
ested in the politics of his baker Or his
coal dealer. Nor is the public inter
ested in the politics of the men who
furnish bread and coal to charitable
institutions. The party label on the
loaf counts for nothing. All that is
demanded is that the quality shall be
good and the price not excessive.
Whether the coal , is "republican" or
"democratic" matters nothing so long
as it has the evaporating power called
You Can Hatch Chickens by the Thousand
. . IN . '
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Write for Catalogue. Sold ob.30 days trial.
THE ONLY INCUBATOR CO.. Box H, Lincoln, Neb
Three of the most corupt cities in
the United States have been cleaned
out. New York, Cleveland and San
Francisco. If two more could be clean
ed, Philadelphia and Chicago, the pol
itical air would not waft so much
bad smell. The fight in Cleveland
war for taxing franchises the same
according to selling value as widow's
cottages. No matter if they did not
cost anything, as in most cases they
were given by the city and state au
thorities, what they sell for now should
be the basis of taxation. Pingree In
Michigan and Roosevelt in New York
had the same fight' and won the day.
The school teachers of Chicago had
the same fight and gained the day in
the highest court of the state. Two
hundred and fifty millions of property
valuation was found not taxed. That
increased the assessment fifty mill
ions, and increased the school money
over a million.
As near as we can read the signs of
the times on the trust and millionaire
sign boards, the coming congress will
not touch the tariff, grant the sh!p
subsidy nor retire the greenbacks and
silver dollars. They want to carry the
congressional election next fall, then
if Bryan is elected in 1904 they will
have a short session after election in
which to do all that robbing and piracy
In their next presidential platform they
will promise to change the tariff but
they never will promise to grant ship
subsidy or retire the greenbacks and
silver dollars. The tariff on corn and
wheat may be reduced a little but not
on any thing the corporate trusts
make or handle. They may stop coin
ing silver dollars but as long as Bry
an lives they will not dare to retire
the silver dollar. They may commence
on the isthmian canal but the rail
road corporations will not let them fin
ish it. There is nothing that will
bring them to time only for one of the
European countries to commence to
finish up one of the canals. So when
all the European countries put the
same tariff on our goods we do on
theirs it may bring them to time on
that question.
CNTTON AND CHINESE TRADE
Why the Southern Planter Has to Take
One Half Lss for His Product
Than in 1873
Editor Independent: I have written
several article about the export price
of the barrel of flour in your paper
for the purpose of showing just what
force caused the fall in the export
price of the bushel of wheat from
about $1.32 in 1S73 to 65 cents in 1896.
In this communication I will show just
what force caused the fall in the export
price of cotton from 19 cents per pound
in 1873 to 8 cents in 1900. This fall
of 11 cents in the selling price of a
pound of cotton hit every man, woman
and child in our fair land a body blow.
Is it any wonder that conditions in
southern states are not what th'jy
should be? The only wonder is that
there is not a civil war in those states
of greater proportions than the war of
1861 because the fall in the price of
cotton has injured the southern people
more than ever the loss caused by
freeing their slaves..
The farmers of the northern statos
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were hit a tremendous blow in the
fall of 11 cents on a pound of cotton.
Their horses, mules and many other
products of the farm declined in price
about the same per cent as the cotton
had declined. It was not a direct ap
plication of the force that caused the
fall in the selling price of wheat, cot
ton and corn but an indirect applica
tion of that force that caused the
horses and mules to fall in price from
fifty to sixty per cent. There were
two causes for the decline in the price
of norses and mules, the first and priu
ciple cause was the great fall in the
export price of cotton and import price
of sugar and rice; the second cause
was the use of electricity for running
street cars which formerly used a
large number of horses. We do not
export enough horses or mules so that
the export price in any way controls
the domestic price. The object of this
communication Is to show in a tan
gible way just what caused the fall
in the export price of cotttfn from 19
cents in 1873 to 8 cents in 1900. In
order to accomplish the above object
I have to treat the subject in two ways
firsts to show just what forces did not
cause the fall in prices, second, to
show just what force did cause the fall
ixx the export price , from 19 cents to 8
cents. There has been so much of ail
kinds of discussion about falling prices
during th last thirty years that
nearly every fellow has some kind of a
panacea which he thinks will cure the
disease. So before I can discuss with
any person the real cause of falling
prices I must knock all the prejudice
and pre-conceived ideas and notions
out of them by showing that the
forces, namely, overproduction, supply
and demand and quality of money
has had nothing to .do during the last
thirty years with the question of fall
ing prices as applied to most of the
American farmers products. 5 As it
would be 4 waste of time and non
sense to write anything on the ques
of falling prices without a live, up-to-date
object lesson, I place below a
table giving a ; true history of our
exports to China of uncolored cotton
for some of the years from 1873 to
1901:
No 1 No. 2 No. 3 No. 4 No. 5
1873 1,381,543 15 13 13
1874 894,429 12 117 12
1880 4,360,842 7 8 10
1885 51,216, 7 8 10
1S90 19,165,106 6 8 . 10
1894 50,458,349 5 11 22
1895 34,672,248 3 11 22
1896 73,261,149 3 10 20
1897 119,448,184 5 11 22
1898 98,113,469 i 10 2
1899 221,043,642 W2 10 22
1900 182,023,681 4 11 24
1901 83,859,402 5 12 26
Explanation fcf table: No. 1, years;
No. 2, yards exported; No. 3, price
per yard received by the cotton rais
ers delivered at the sea board; No. 4,
price pr yd. paid by Chinamen in his
money at our ports; No. 5 the am'ount
per yard that the Chinaman would
have had to pay if the cotton plant
ers of this country had received as
much for their uncolored cotton as
they were entitled to.
Every reader of The Independent
should make "a careful study of the
table.
The decline' in the selling price of
the bushel of wheat was caused pri
marily by the decline in the selling
price of the barrel of flour. The same
can be said of . the fall in the sell
ing price of the pound of cotton from
19 cents to 8 cents. This fall in
prices of 11 cents, per pound was
caused primarily ; by the decline in
the selling price of cotton goods es
pecially the fall in the selling price
in that make of cotton goods canea
in the official records uncolored cot
ton. The table above is a very in
teresting one.. The fall in the price
of the yard of uncolored cotton from
15 cents in 1873 to 5 cents in 1901
shows a decline of ' 63 per cent. The
decline in the export price of . the
bale of cotton from 19 cents . in 1873
to 8 cents in 1900, was about 60 per
cent. The cotton planters of this
country want to . know just what
caused the fall in the price v of the
yard of uncolored cotton from 15 cents
in 1873, to 5 cents in 1901, also the
fall in the price of the bale of cot
ton from 19 cents to ii cents. There
has been improvement in coton, raills
which would lessen the cost of jnanu
facturing a yard of cotton , and sonio
improvement in, appliances to -produce
cotton that would lessen the cost of
production. More than fifty per cent
of the fall; in . prices was caused by
other force? than those stated above.
There are Natural forces about bIx in
number wh4ch should have caused
this declin in price of more than
fifty per cent but they did not. There
was . an unpatural force more potent
than the six natural. - forces that
caused this great fall In the price ot
cotton. I must prove that the : six
:
natural forces, namely, overproduc
tion, quantity of money in circula
tion in our country, ocean freights
wars and famines abroad, competi
tion in foreign markets, and cost of
production were not the force that
caused the decline. By examining the
table we find that the Chinaman paid
about the same price in his money
for the yard of cotton cloth in 1901
as ;he paid in 1873. This being the
case it would be ridiculous to claim
that it was the overproduction of "un
colored cotton cloth" in the world that
forced down the price to the American
cotton planters from 15 cents in 1S73
to 5 in 1901 as shown by the table.
There was about $17 per capita of
money in circulation in 1873 and about
$26 per capita in circulation in 1901.
This shows an increase of about $11
per capita during, the years from 1873
to 1901. This would indicate that the
selling price of the cotton cloth would
have advanced above the 15 cents per
yard instead of declining to KU
per yard. Ocean freights are lower in
1901 than in 1873, therefore there
should have been an advance Instead
of a decline. Wars and famine would
have advanced the Drice Instead of
causing' a decline. American cotton
planters have the market of the world
for their cotton therefore competition
in foreign markets did not; furnish
the force that caused the fall in the
selling price of the yard of cotton from
15 cents to 54 cents on the nnnnil
from 19 cents to 8 cents.
The cost of Droduction is nhnut :i
great In 1901 as in 1873. While ther
are many thin ers to cheaDen nrorlii".
tion the extra cost to fertilize larg
portions of the country where cotton
has been raised for the last thirty year
nearly offsets all gain made by im
proved methods and machinery. The
cotton seed which was not of much
value in 1873 is auite valuable now
and adds considerable to the cotton
planters income. It would be absurd
to claim that the cost of production
had declined more than fiftv Der cent.
The natural forces are not guilty of
producing the fall in export prices
as shown above. It was an artificial
force that caused the decli ne and ran
easily be destroyed by the cotton
planters and rarmers of this country
if they would make a united effort to
destroy it.
The Chinaman Durchased the rloth
with the commercial value of the ma
terial in the silver dollar that three-
fourths of the people of the world
use. in 183 tne material in this dol
lar was worth about 100 cents and in
1901 was worth 45 cents. It is as rlain
as the noonday sun in a cloudless sky
tnat tne ran in the selling price of the
material in the dollar used by the
Chinaman from 100 cents in 1873 to
45 cents In 1901 furnished the force
that caused the selling price of the
yard of cotton cloth to fall from 15
cents to 5 cents and the pound of
cotton from 19 cents to 8 cents. There
Is only one possible wav for the cot
ton planters to Drevent a farther da-
dine in the price of their cotton and
in order to place themselves on the
same plane in the markets of the world
as a large number of cotton planters
in other countries thev must tiIaa
the commercial value of the ounce of
silver at $1.29.
C. G. BULLOCK. .
In Lots of 500
Editor Independent: If I had the
money I would have your paper
Drougnt to this section In lots of 500
at a time. It is badly needed.
BRYAN TYSON.
Carthage, North Carolina.
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NOTICE FOR PUBLICATION
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MERS MUTUAL INSURANCE
COMPANY OF LINCOLN, NEBR.:
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members of said company will hold
their annual county meeting Decem
ber 17th, 1901, commencing at 10
o'clock, a. m., at the company's office.
n the city of Lincoln, Nebraska, per-
suant to the by'laws of said company,
for the purpose of electing proxies
to attend the annual meeting of said
company to be held at Lincoln, Neb.,
January 15, 1902, at 10 o'clock a. m.
Dated this 21st day of November, 1901.
J. R. BENITT,
Member,
' P. C. LINK,
' i "Member. .
HEADACHE
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