The Alliance-independent. (Lincoln, Nebraska) 1892-1894, October 27, 1892, Page 4, Image 4

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    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-