The Alliance-independent. (Lincoln, Nebraska) 1892-1894, October 27, 1892, Page 4, Image 4
THEALLIANCE-INDEPENDENT. a sw or markets ProviB False the Claims of Prosperity Ebrickeis Wheat Tails Lowtr Than Ever Sinca the War. Silvti and Wheat G3 Djwn Together, and With 1 hem ihc J'aimers of the West Go D-wnO Finan cial i uin What the Vliircn Show. One of the b jaUs of' tho republicans four yeari ago was that they Hudied "markets" while tho democrats studied "maxims." Just now tho members of tho people's party are studying both markets and maxims. All over the land is heard tho incess ant cry of tho "prosperity shrikers:" "Behold our wonderful prosperity, our magical development. Behold tho magnificent crops. The farmers aro rapidly paying off their mortgages," etc., etc., At tho same time tho business world proclaims in its cold 6teely voice that can "neither b3 gainsayed, nor disputed:" Prices are falling lower, lower slill, lower than the lowest for thirty years. Read tho following press dispatch in the Omaha I3eo of October 23: St. Louis, Mo., Oct. 22. The lowest quotation ever recorded on wheat since St. Louis became a leading market was recordol today. Tho prico, which has been on tho decline for some time past, dropped today to (56 J cents. Tho boars have for some timo believed that they wero on tho winning side, but so sharp a decline has not been expected. Tho erop this year although fair, is below the average, and the European demand has boon heavier than had been counted upon owing to the poor crop in the wheat growing sections of Europe. There is a well-defined relation be tween pricos at different points all over the civilized world. The lowest prico for wheat at St. Louis means tho lowest price throughout the United States, and that means the lowest price through out the world. Notice the significant language of that dispatch: crop below the average, a heavy foreign demand, poor crops in Europe" And still we have the lowest prices since St. Louis became a gene ral market! What would have been the price of wheat if a very large crop had been produced in both Europe and America? "Would the grain have paid the cost of transportation? President Harrison in his letter of acceptance gave tho following as one of the effects of the McKinley bill: "Thero has been an advance in the price of all farm products of 18.67 per cent, and of all cereals 33.59 per cent." This is probably one of the rankest piece of buncombe that ever emanated from a president of the United States. If President Harrison knows enough to be president of a debating club in Pumpkin Seed Hollow, ho knows that tho McKinley bill has had no effect on prices of farm products. A tariff af fects the price of imports not exports, and the United States exports - agricul tural products. But aside from the absurdity of the claim, let us seo how much truth there is in it. The prices of wheat (No. 2 red) as quoted in a New York market report for October 24th, of the past four years is as follows: 1889. 1890. 1891. L592. 82i 1.08 1.04 77 Thi price of wheat was very low in 1889 on account of the immense crop produced not only in America, bat in reaches 70 cents per ounce the export of the few who have wealth and nriv- evcry wheat raising country. It rose price of wheat will te between 60 and ilejre, they do not even use it to protect in 1890, the drouth year in the United 70 cents, and that will mean between themselves against the ravao-oi of th States, to $1.08 per bushel. 1891 was 25 and 40 cents in Nebraska. few. Whnthpr th masses will hir nrr the famine year in Russia, anithn These are cold rtiannv fanta inevitahiv .u:, i v 9 - . w. iuv pui au:o ULviumviii i n a vy a v l ir in time to save the free institutions of wheat crop in all other countries ex- deuced from a study of the markets cept tho Uni'ed States was very short. There is but ore possible escape from Mill prices fell to $1.04 per bushel in agricultural bankruptcy in the United New York. This year although there States, and that is through the ex !, 1,.,. 4 1 . . I , .. w i5 luau uii average trou. ann a nansion oi our currenev. and that ran th's country from destruction or decay is a question which only time can settle, good foreign demani resulting from short crops in other countries, the pi icj has fallen to 77 cents, 5 Cents lower than tho pries of October 24, jo mm cenis lower man tne price of October 21, 1390. $l.G cents in Ner York means about lo cents for wheat in Nebraska. If , i. . 1 1 , . i . . luu lemurs eouiu get mat price for tho present crop they would couie out with a moderate profit. 77 csnts n New York m jans from 40 to 50 cents In Nebraska and farmers who sell be secured only by people's party. tho success of tho OPINION AND INTEBEST. Onco upon a timo Senator Allison was asked: "Why do the leading men of our country differ so on financial questions?" Hi answer was as in structive as it was brief: "They don't differ much in opinion; their interests differ." This remark ought to throw a flood of light into tho minds of honest partisan voters. If such voters would An Elegant Souvenir. "The Western Resort Book." a finelv illustrated puHication descriptive of ail . the western morts along Mh Jineof tho J. u uion I'acino system, bent tree upoir receint of 6c in stamps. Address .1. J. . JUASTIN, U. T. A., 1044 O St., E. B. Slosson, Gen. Agt., Lincoln, Neb. 3 Homes and Irrigated Farms. Gardens and Orchards in the Celebrated Bear River Valle f on the Main Lines ot the Union Pacitic and Central Pacific R. R. near Corinns and &gden, Utah. wheat for such prices soil tt.il. oaly stop '-whooping it up-for a part, iSSM&'SaSX-X. than th0f,nf long enough to give a little honest 'fJ'K S . j-- , , "J W VU11U1JV, DllUdtW ILL LJ-ICJ UllUUlOy m muuguu uuutiuiu uuesuuus mey of tho vn. p.v on t.hfi rtenfral Pr fin T? R would mako a discovery. They would The lands of the Bear River valley are find out that prettv much all tho now thrown open to settlement by the so called arguments of partisan speakers SS" J Sm Mth Syf f , & . . , , irngatioa from the Bear lake and river, and organs are not formulated as a re- just completed bv the Bear Rivr na Now let us glance at tho market prices of other farm products. The St. Loui? market reports for October 24th of tho past thrco years show the follow ing prices: 1890. 1891. 1892. Wheat $1.00 91 f 66 Corn 49 50 37 Oats 43 281 28 The republicans should return at onco to their study of markets, and in sult of an unprejudiced careful investi gation, but solely to advance tho selfish interests of individuals or classes. The honest partisan who stands on tho street corner and defends a protectivo 1.. A. a - r Ark rr vv m vw., ai a cosi or a,uw,uuu. tap com pany controls 100,000 acres of these fine ands and owns many lots aad business locations in the city f Corinne, and la now prepared to sell on easy terms to settlers and colonies. The climate, soil, and irrigating facilities are pronouaced tariff no doubt sincerely believes in it. t -ii ii . - wvm us wncmer inese prices lor lbvZ and thinks he is presenting unanswer. llVn i.Ct llA SOt. lrurn mrnn- mnoln I i i . t- . . . "-""o uo aoio arguments. ui ine men wno in cuwts Ul W1 iviciviuxey uui. vented thoso arguments crv like the During the yar beginning June 1st, EDhesians of old: "Great is nrnWtirm " 1891, and ending June 1st 1892, a good adding in their secret councils "for bv Home Markets exist for every kind crop of corn, wheat and oats was pro- thiraft. w w nnr ' Ja. .arae? Fauce in the unsurpassed by competent judges who declare the valley to be the Paradise of the Farmer. Fruit Grower and Stock Raiser. Nice social surroundings, good schools and churches at Corinne City. was pro- this craft wo have our wealth." The the aboVO fiftmo is true nf thfi aro-nmnnfa in tnxrn T.fllra. and fn tho trvaat minin. I O u V) mpuu mu. kUW K'UV JJJIiiliilit laiJiUO . T I 1T1 . m lianas win oe snown irom the local of fice of the Company at Corinne. 15tf ugureb, .you tuo mortgage aeots oi JNe- 0f a gold standard. The men who braska increased nearly nineteen mil- plead for honest money, and argue nuus ui uuuars. lmsyeartne crop is against fiat money and cheap silver certainly no better on an average, as destructive to the general welfaro. ..... . . . i wnuo tne price or corn is 16 cents, and are simply advocating a financial svs- oi wneat is j cents lower than at this tern which enables them to gain wealth lime last year. Is there anything en- without creating it. If a sold mine couraging in the prospect? should be discovered that would vield ino prices oi tne past two years have five million dollars per day, tho been exceptional owing to short crops in America in 1890, and in Europe in 1891. Now the exceptional conditions have been largely removed, and prices have settled down to a level that is be low the average cost of production. Tho fact that tho prices have fallen so low this year when the crop both here and abroad is below the average, makes the future look hopeless indeed. If there should be a very large crop next year, grain will sell for little more than enough to pay for transportation to market. One of the causes of the present low prices is the defeat of free coinage. The potentates of the financial world believe they have defeated the free coinage movenfent for good. They feel sure at least that tho present financial system will not be disturbed for four years. Senator Jones has demonstrated that the prices of silver, wheat and cotton rise and fall together. He has prepar ed a chart showing this fact with strik ing force. Tho following table giving the price of silver per ounce, and the export price of wheat per bushel during the past three years will show how true this is: 1S90 1891 1892 Wheat, 108 104 Silver, 109 96 Theso aro the prices for October of the different years. Silver and wheat have reached the lowest point since the silver was de monetized in 1873. Unless the price of silver is likely to be forced to 70 cents within four years, nasmuch as wheat is falling" with silver, when silver 77 85 24 very men who now sd strenuously advocate the tingle standard, and call erold "jroa's money, wouia turn tneir guns on gold, as tne cheap and dishonest money, and demand that it be demone tized. Now if the honest partisan could only be made to see what a due he has been, he would cease "whoouinsr t up" in short order. He might in deed go farther and inquire if he has not some interest of his own that needs a little "whooping up." If the masses of the people would only follow the example set by the m-m who control our politics to advance their own interests, all the evil effects would soon be neutralized. Tne political evils that affect the country today have come because the few shrewd and powerful men went into politics to ad vance their own selfish interests, while the masses entirely lost sight of their own interests as they "whooped it up" for what they mistakenly called the principles of their parties. The first and greatest task the reformer of today has to perform is to persuade the citi zen to look after his own interest. Strange isn't it? When the American republic was first founded European writers indulged in many doleful pre dictions of its speedy failure. They claimed that the masses of the people armed with equal political rights would overthrow all the stable institutions of society in their short-sighted haste to advance their own selfish interests. But a hundred years of history has demonstrated the reverse to be true. AUCTIONEERS. Z, S. BRANSON, WAVERLY, NEB. LIVE STOCK AUCTIONEER. Makes Bales In Nebraska and other states. T?pst of references. Fourteen years experience. Prices reasonable, correspondence solicited and satisfaction guaranteed, FOR SALE. Long deep bodied U. S. P.C.. PICS. Good color, short legs, broad back, good feet ind head. Alliance prices, satisfaction uaranteed 13tf BISCHEL BROS. Kearney, Neb. pii J Furnas Co. Herd, !' J1. Sii!.!j J!K! smmtmh big berks. BEAVER CITY, NEB. Thoroughbred exclusively. All ages, either sex. bows bred. Stock guaranteed as repre- 6ented. Prices right. Mention this par,er. H. S. WILLIAMSON, lroprT J. M. ROBINSON, KENESAW, ADAMS CO., NEB. fier oi recoraeu and China Hoes. Choice breeding stock for sale. Write for wants. Mention Alliance. c c L. H.SUTER Keligh, Seb, Breeder of fancy Po iana cnina swine and P. K. fowls. Ma if 1 VJliWK(4J! joritv of pigs sired WWWffmiw! l 1 by Free Trades Best, remainder by Paddys Chip Free Trades Best is sired byj ' t show hoi? that was soli Qrv .u i : i i . j. i j 1 Instead of using their power as voters to istence. Iiad a full sister to Free Trade in xer advance their interests at the exnensa IV? 101 8 year3 ana nave .TmS..,!SEWrftr-