The Loup City northwestern. (Loup City, Neb.) 189?-1917, September 04, 1896, Image 5

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    SUPPLEMENT TOTHE
iw cur aoiTHWcSTtu
Friday, August 28, 18116.
HBHEB'S ECG BASKET
The McKinley Law Checked Im
portation and Gave a
Home Market.
EFFECT OF THE WILSON BILL.
The Canadian Farmer Hat Protection
but the American Farmer
Hat None.
There It no ronton why Canada, Me*!; ]
eo. China, or any oilier country ahould
supply the United States with a single
egg. Canada does not buy a alng e egg
from ut, and there it no ronton why we
Should buy from her. When we do, the
A me r lea n farmer lotos the lament of part
sf hit natural market. ...
The purpose of this article It to show
by a few liguret the benefit which the
American farmer derived from the Mc
Kinley law; not merely la-cause the
law atopepd Imports from other countries,
but because under that law he received
an average of IS cents a dozen for his
•ggt all the year around. I'ailer the
present Wilson-Gorman bill, be hardly
averages S cents a down; and the it’ople
..... 1.1 I.^4.S offt.ml to nu v Iff '11 f M M
down in 1M1>'2, tbuii they can 5 cents •
down in 181*1.
From 1883 to 1R1K). there was no tariff
npoii eggs. The Canadian farmer could
send hia egg* aero** the line from Maine
to California. Mcxloa, China, France,
Germany and other countries supplied
O* with 15,500,1**1 dozen* of eggs, an
nually, on the average. We paid every
year to the foreign farmer on this small
Broduct alone, at 15 cents a dozen, $2,
[*),<**). This importation of over 1,
000,000 dozen n mouth or 1)0,000 down a
day wo* felt, in the way of competition,
by our farmers chiefly in the large cities.
Farmer* can get the best price* fur egg*
and their product* in the large eitie*;
but when Now York, Philadelphia, Hes
ton, Huff ale, Cleveland, Chicago, Han
Francisco and many other market* are
supplied with egg*, shipped at cheap
rates of transportation by water, how
can the farmer expect to compete who
has to ship hi* egg* by rail'/
The following statement show* impor
tations of eggs, by eountrlea. the year be
fore the McKinley tariff went into effect,
for the year ending June SO, 188!):
Importation* of eggs, by countries, July!,
IDtOt. to June 30. 1MK9.
""Countries.| .Down*. | Value.
Austria-Hungary ..... 1.528 4582
Belgium.. 215,18) 35.22.1
China .. 120,1**1 0,125
Iienmark. 11.890
Germany.. •'. 75,355 14, 110
fnglaud.. ...... .I... 4,914 897
Scotland.. .... ..I.... 4,100 820
Nova Scotia, New
Brunswick and
l'rlnoe Edward Island 8:6372122 481,609
Quebec, Ontario, Man- _
Itoba Territory.W.781.864 1,864,020
Elrltlsb Columbia . 975 80
long Kong .»,••••■••* 15,219 780
taly.. ... .. 12,468 2,078
span,, 20 5
lexloo. 18,587 2,881
letherland*. ^ 500 70
luba. 10,503 164
Turkey In Africa.. ®
Total .[15,018.809 42.418.070
The uext table shows the points at which
these egg* were received:
AMERICA POltTB OK ENTRY FOB MG08.
L forts. Dozens. | Value. _
Aroostook, Maine. _A4?77
Bangor, Maine.. 646,820 68,11
Batli, Maine. 885 35
Boston aud Charleston, __
Maes . 1,938,267 270,990
Buffalo Creek, N. Y... 6,740,940 920.090
Cape Vincent, N. Y.... ,8.400 1,347
Champlain, fi. Y. 829,801 126,603
Corpus Christ!, Texas.. 32 4
Cuyahoga, O..• •••••**. tmo 80
Pefrolt, Mich. 487,993 64,814
Genesee, N. Y........ 735 104
Gloucester, Mass. .... 15,783 2,342
Huron, Mich. 11.777 1.418
key West, Fla. 1.503 154
Marblehead, Mass. 1.729 204
New London, Conn... 316 33
New York, N. Y. 892,469 63,845
Niagara, N. Y. 1,412,903 340,080
Oswegatchle, N. 1. 1,020,293 141,521
Oswego, N. Y. 26 5
Pa id del Norte, Texas
and New Mexico. 18,556 2,376
Pasaamatiuoddy, Maine. 1,122,636 188,131
Philadelphia. Pa. 5
rUIUBUUUM VWWWIlMi, _
Maine. •■•••• •••••• 2»o81 &?;
Portsmouth, N. H. 164 18
Providence, K. I. 30 0
Puget Sound. Wash... 975 66
HTh. “T. 4.184 663
fanJ KranlcUoo, Oai120,»w «,42r>
^trlcta.V ,Cr.tr*..r. 1.266 2U
Total.16,018,809 #2.416.976
What does all thle talk about sixteen to one mean ?
It means that tree coinage of silver will ruin business and close the workshops so that when there Is a job for one man there will be sixteen men out of work applying for It.
It the McKinley law had been let
alone, the American farmer in lowo-o ]
would 1m? supplying nearly every egg In ,
the American market. The farmers!
wife would have felt encouraged to in
crease her stock of poultry, on which
s1m- depended for pin money to clothe
herself and her children. When the
McKinley law was repealed and the tar
iff ou eggs reduced from 5 cents to 3
cents a dozen, importation increased
IjtMHWOO dozen in one year, at an rn
crensed price of $125,000. Unless the
American farmer ran set- it to be hia in
terest to vote for McKinley and the
restoration of a proper duty on eggs, the
Canadian and other foreign farmer* will
soon again ship us 16,000.000 dozen a
year and the price of domestic eggs will
continue to decline, as they have done
for the last two year*.
Question. Why Should Democrat* Legis
late In favor of the Caaadlaa as agaiuat
the Americas Parmer T
The American farmer could not aell
eggs in Canada, even if they had no
tarifT on American eggs. There are only
a few large cities there, and they are
near to the Canadian cheup farm*. The
half-a-dozen small markets in Canada
have a total population only one-quarter
as Inrge a* that of the city of New York.
A few election districts in the city of
New York, or in Philadelphia, or In
Chicago, afford a better market for
American eggs than the whole of Can
ada. Yet Canada imposes a duty of 5
cents a dozen on our eggs, while we im
pose a duty of only 3 cents a dozen on
tier eggs.
The Canadian* have protection, bat
under the Wilson bill wo have not.
A Pointer for Farmer*.
t remember one instance that bears
particularly upon this question that came
to me today as I sat here, and that was
this- My father came from the New
England states upon this prairie in 1837.
He told ine this instance once: That
after sowing a crop of wheat by hand,
cutting it with the cradle, binding it with
the rake, and threshing it with the bail
upon the floor, he put it upon a wagon
and drove it to this city of Milwaukee,
ninety-six miles away, and sold it here
for 40 cents a bushel. This was in the
’50s, and silver then was $1.30 an ounce.
Now tell the silver men to explain to you
how it was that in the early ’60s wheat
was 40 cents a bushel, and silver $1.30
an ounce, if the price of silver always
carries with it the price of wheat. And
when be hems and haws, say to him:
“It is not only confined to wheat, but
that other commodity you yoke up with
silver, cotton; and tell him that for the
four years ending in 1845 cotton in the
city of New York averaged only 7 cent*
a pound; and that for the four years
ending in 18144 the tame class averaged
8 cents a pound. Tell him to explain
that to you. That was when we had
free coinage and silver was then $1.30
an ounce. He cannot explain it. That
one Illustration, my friend*, utterly de
stroy* the whole silver heresy.—Con
gressman Fowler of *‘w Jersey,
Wbnt Stewart Thought in 1891.
Keoator Stewart of Nevada made g
•perch in Congress February 11, 1874, la
km aaliil
Let everybody know whet n dollar la
worth Tim farmers wilt then know bow
to measure the difference in price be*
tween bis wheat in Illinois and the wheat
in Uvnrpool. The wheat will be meas
ured bw the same standard-gold—in
Illinois so M is in Liverpool and any man
can figure it up. Hut now it is a mys
tery the whole subject of finance is a
mvatery. and what do we see every day?
We s*e those who devote their attention
to It moots* large fortunes cst of this
“iiiei *» mOJ it* i**pe *io* ««m
jslsv!ffJt Stays
*£» e3z.vsn~ •*. Mu.
T«towart— I want the standard gold,
and no popes money net redeemed in
euto. no Mtwr money the value of which
(anet ascertained, no papas money that
&irfc\sv£5 jurw?i
Who pays the*# ianrMt furiuaes? How
yiie'JH® iiHr'IixdfLi;
£ 1
thane men estai ? My the Intltmw which
t XM^TST B ^
Pwmh who are speculating In yone
depeeein&i $****1, are muting the
they will euntinuo lo make
it so long an yon hate a depreciated par*
jea. gaa riurttJtt
r, oitcuii and make tewoeru and man*
it* the merit'd, and if they <fo Uni
maaot fat tv ifot-sr* ♦»<'•*#! M«e»
Conge ras, firm sonata*.
THE MORTGAGED FARM
Payment of Debts in Debased Cur
rency Means Praotioally
Repudiation.
A NEBRASKA FARMER ANSWERED
Fallacy of What is Considered the
Strongest Free Trade
Argument
The following letter Is one of many
that are dally received by the Times
Herald. It ia supposed to contain the
strongest free silver argument that can
be addressed to the farmer, and it ia
used by the free silver orators with im
mense assurance of its success:
Lincoln, Neb., Ang. 'To the Editor:
Ur land Is encumbered by a mortgage o(
*1000, payable In lawful money November
1. 1897. I must pay this debt with tbs
products of my farm. Under ordinary cir
cumstances 1 will be able to raise looc
bushels of wheat next year. If there Is no
change In our flnanclal system, this wheat,
at 50 cents per bushel, will par half the
debt. When the value of a sliver dollar
la reduced to 50 cents by fres coinage a
bushel of wheat, without any change In
Its value, will be worth a 50-cent dollar.
With free coinage of silver I shall, there
fore, be able to pay the entire debt with
the 1000 bushels of wheat. The burden ol
faying a debt of $1000 baa doubled since
borrowed the money. I have obeyed the
laws of my country under the gold standard
and shall obey them under a silver standard.
The opponents of free coinage of silver are
appealing to the laborers, the creditors and
policy holders to protect their own per
sonal Interests. If I should fall to look out
for my own Interests who will do so fot
met Is there any reason why 1 should uot
vote for the free and unlimited coinage of
silver! Very respectfully, J. W. Bluger.
The answer is not far to Book.
When this turmer oorroweu me money
it was the equivalent of $1000 in gold.
It wae the same aa if he had received It
all in gold $20 pieces. He could have
had it that way if he so desired. Per
haps he did, for many such loans have
been made. When he expended it he got
$1000 in gold equivalent. He probably
improved his farm to that extent or
bought stock or machinery. In whatever
way be used it, unless he burned it up or
squandered it, he got value received.
The borrowing and Tending was a busi
ness transaction and the borrower used
the money to promote hla business in
terests
At no time since that mortgage was
executed, for few mortgages run over
five years without renewal, would a
thousand bushels of wheat have paid it.
Suppose we had borrowed the money
from a neighboring farmer more pros
perous than be. That neighbor would
probably have to carry something like
two thousand bushels of wbtet to town,
sell It for a thousand dollars, get the
money and hand it over to hie
friend. There have been iu the
past thousands of such transac
tions. In fact, in ovary farming
community there are a few farmers,
more thrifty aud of hotter buslueea qual
Ideations than the others, who aiwsya
have money to lend out of their savings.
They get the money front the products
of their farms, but thoy are not loauiug
thaoa nroducts. They are loaning tho
money, and since 1N7U it has beon gold
or its equivalent. Why should they
■at have the same kind of mooey la re
7* H aay wonder that tho advocatoo of
anllmltod freeeedhageaie charged with
a tail that iilfhf b t'll lift! til**
Maast mm;, *>•«• M «M dMW
• law a tbuuaau.l IW-wat Jullara will b#
autti t*B« la ilwUri* a 4*bt af a lk«*
aaa4 MdMml Julian? nn a law
iMuuaia l» tM nt»a*ilaib*a af aaa-Mlf
tM 4*kt wbltaailuaa af alt tha Jabtura la
tM Ualtad Maim __ _
Win Mi, !»*«*•* «M*a Mm
**»*, "TM Mf’Wa *1 t»a/*a* a J«bt *f
• UM) baa 4»abl*4 aiaea I WtNwW Ow
MMif.1* It# tatuat rruivittlMpr. If M to •1*1’
iM what ia Ira*, ibat tM “bartm*1 la aat
. l!*• aa*a Um Ml •»•/? alia*
baataaaa ana wi* baa miwiM maaaf.
g-Sa/a cmeg it:
, _.. . - ImI b hi
%***?; aX IM aaiwr-aa* g»ti»^
Mtti, w itia at **f***a*a la It* iainl
ImMI'W *atb*#» a* wad aa fa* Mb
vidual*. A man who haa repudiated hia
debts ia never truated again and is re
6ariled with contempt by all hia neigh
ora. And so ia a nation.
A free-coinnge law is repudiation, and
that It ia understood In that sense is In
dicated by such letters as tbe above.
Kor if under free coinage the silver dol
lar is to appreciate to the value of a gold
dollar how will the farmer get more of
them for hia thousand bushels of wheat7
How can he pay his debt any easier than
be can now?
No, It ia repudiation the silver men
want, and repudiation is dishonor .—Chi
cago Timea-Heraid.
VALUES DECREASED.
Price* of Live Stock Under Republican
end Democrat!* Solo.
When we resumed specie pay.
nient In 1879 our domestic
animals, borsea, mules, cat
tle. sheen and swine were
valued at .*1,445.428,082
During tbe ensuing six /ears,
until tbe election or Mr.
Cleveland In 1884, the vsluss
Increased to. 2,487,888,924
A gain during six years of
Republican rule of.*1,022,446,883
During the ensuing four years
until tbe election of Mr.
Harrison In 1888, raloos ds
creased from .. 2,487,808,921
To. 2,409,043,416
A loco during four year* of
Democratic rule of. 68.826,806
During the ensuing four /ears,
until tbe second electron of
Mr. Cleveland In 1892, value*
again Increased from.2.4100,043.418
To".2,481,765,09t
A gain during four yeara of
Republican rule of. 62,712,28(
During tbe last two years,
under the second adminis
tration of Mr. Cleveland, and
under preposed and accom
fdished free trade and aweep
ng tariff reduction*, values
again decreased from (180.'1). 2,488,608,881
To the comparatively luslgul- aon4
fleant total of. 1,819,448,301
Showing tbe enormous lost
In fwo year, of Democratic
Cheap Dollar#.
Everything is cheap or dear accordins
to what we have to pay for it. Sugar n
cheap at 5 cents a pound, but would bi
dear at 10 cents.
A cheap dollar, therefore, is one tool
the merchant buys with less goods Uiai
he would have to give for u dearer dol
lar. If a merchant now gives tweiiti
pounds of sugdr for a dollar, and the dol
lar which he geta is a 200-ccnt dollar
aud if the 200-cent dollar la a dishonesi
dollar and ought to be replaced by a 100
cent dollar, worth only half as much; it
that case, the merchant will give tnli
half as much sugar for the cheaper dol
lar us he now gives for the disboriesl
200-cent dollar. That la clear, la It not!
This Is precisely what “cheap money'
means.
Is thts what the farmer and the work
logman really want?
Apply this illustration to labor, if you
please. The workingman buys dollar)
with labor. Does be want a cheap dpi
lar, for which the merchant will girt
only ten pounds of sugar? Or does hi
want a 300-cent dollar, for which th<
merchant will give twenty pounds ol
sugar? Cheap dollars would cut bli
is la half. He eurely does not waul
b, no,” eaya the workingman, “that
la not wbat 1 want; hut, if dollars weri
cheap, I would get twice as many ol
them for a day's work.”
Would you, luileed't Not on your life,
Free and unlimited coinage of ailver, al
the ratio of IB to 1, la simply a scheitM
to reduce your wages without your know
ing it or having an escuae for striking.
What good would It do you to get twice
as many dollars for a day's work If
would buy no wore sugar, and no non
of anything else, than #1 will now bug!
Bsaidss, if prices go up, under free
coinage, a* they wtll-we admit that
wttfkiMtB** Ini won# uff tWft k*
-•SSk tkM a ad M abl M all
{M*H la !•« tad la rant Ulil# fa«4jp.—
•irtlagiahi (lit) Jwuraal
A l^ataitoa lb* f
□I mm a! attaat
fc&y
Ik* ||*W* al *
wiu tbara la la
ika u I ab*«
yn...*tr»t
«S» 4M It ta*M* ibat abat wai
b«M la nab1* la IM tkaa *»#» kaferv,
> vklla ika amuaat al milaad *»!»•* la Iba
W«M4 »•» (Mater lbaa nw tetmV*
I lUMwta Hum t*.araal
Arithmatio for Wheat Grower*
Which Neglect* Tax and In
terest Consideration*.
A FREE SILVER MATHEMATICIAN.
Silver Accountants Concede Double
Expense in Mexico and Aa*
aume Equal Profit*
Warren. Minn., Aug. «.-To the Editor!
I enclose comparative slips circulated by
an sdvocste of free silver, which subject
I would like your opinion on. It, ol
course, is intended to catch the fartnei
who raises wheat, and deductions of thli
kind have had their influence in this dis
trict, which is lurgely wheat growlug.
I would like the going wage* in Moxlcc
and the rates of interest in countries oa
silver basis as compared with the gold
standard countries. L. Lamberson.
The first slip professes to show the nel
profit to a farmer of raising 5000 busheli
of wheat in the United States:
5000 bushels, *t 50 cents per bushel.. .$2,80!
Expenses .....$1,000
Freight . 800
Interest. SWO
™" .—_W<
Assumed net proflt to American
farmer. $70!
The second slip makes a similar state
ment of the assumed profits of raisini
BOOO bushels of wheat in Mexico:
5000 bushels, at $1.12 per bushel.$5,00!
Expense . $2,000
Freight... 800
Interest .. 200
Taxes . 40
' 8.04
Assumed net proflt to Mexican
farmer.$2,50
Reduced to gold. 1.28
As this assumed profit would be ii
-ii__a xt... .......1.1 1...... Aft V..
sold upon the gold standard, this skillfu
accountant reduces this to gold, makinj
the net profit to the Mexican fartne
$1280. But to produce this result thli
accommodating accountant, while cun
ceding that the expense of raising thi
wheat would he twice ns intliiy silvei
dollars as in the United States, a?
sium-H that the profit on it would lie tin
same number of silver dollars as in thi
United States. As a matter of fact thi
freight rates in Mexico are higher ex
pressed in the gold standard thun in tb<
United States, but assuinlfig that thej
are the same, the Auierican railroad com
panics, as soon its they cross the border
require twice as many Mexican dollari
to (my a given freight rate as they re
quire of American uollara on America!
territory, so that the freight rate In Mex
'U"L|t! bt? $1000 instead of $800, ai
jur free ailver accouutant statea It
Moreover, intereat rates are higher it
Mexico than In the United Statea, t!
paid in Mexican silver dollars, am] uioje
over the interest would tiaf? to lie pqp
on twice the number of ailver dollars lmr
rowed by the American farmer, so tha
even supposing the rates of Inters#
to be tbe same, the amount of Interea
would be double, raising It from $200 ti
$400. Moreover, the equivalent of $4<
taxes paid by the American farmei
would be $80 In Mexican dollars, to tha
tbe account of the Meaicau farmer, thui
corrected, would staud as follows:
HWO bushels at $113 psr busbsl .,,, I6.0U
Hffii • Ur*Mtovk*r,
Mr. Drill to Ml M mm! i Dlrwtti
••Ito to i itwikMtr If* MM, m ito
Dr.uA'te e ittr*"1
"ik* to**** •» w«k#r tojr ito* «•*•«»
■Ml 4w**ilt to Ik* |w«f>l* ait** M I
Mftr MWfMlllkM MltoMl MM Up
•*4 ***** to Ik* MM H • *k«to ito
*1*41 ittoM fr**t> it* to** iVto* «
Mkl tok«M* NM*k*|. |M WtWI Ml Ito
M*rk»! r*u M tol*«»M to a*! II, toil
• to* Ik* •»*•*kto*kl totM IMH|, Ito
■*m(4* mm Ik* ln.*f**l. If Ik* «mmmt m
|/WI»»M **iW4 to, **4 Ik*i Ml* ito
i m»«m ((Mijikn, if ik* a*M» to k**i to *l»
; into IM* “
I II* ****ruJ ik*i a****k*tk* “*•* to
used to pay the expense* or ins govern
ment.” The tariff <>n some of the necee
snries of life might be reduced, and the
deficit made up by an issue of money.
Or, If this la not deemed advisable, “gov
ernment paper can be leaned to pay for
stiecial Improvements; harbor* can be
deepened and rivers improved in tble
way.” He introduced a bill to Issue
$70,000,000 of United Htate* treesury
notes, with which to Inaugurate the con
struction of the Nicaragua canal. He
further suggested that "we can ns# any
available coin on hand to take up ma
tured bond* and replace the coin so used
with paper money. He Introduced an
other bill providing In this way for tb#
payment of the $2.V#10,000 outstanding
2 per cent, bonds. He did not stop even
at that point, but gravely proposed that
"government paper should be issued Is
the place of national hank notea, a* they
are retired.” Hi* theory of the ultimate
redemption of government obligation*,
as stated by himself, wa* that the lariat
the Issue of treasury notes, the smaller
will be the "coin" reserve required with
which to meet them. By “coin” he ex
plained that he meant both gold and alU
ver, wilfully ignoring the disparity in In
trinsic value between the gold and silver
dollar.
And this la the financier and states
man for whom honest and sensible men
arc asked to cast their votes, neat No
vember!
Bryan Shown to be Uncertain.
There is abnndant proof that Mr.
Bryan is an insincere |H>litlcian and an
unreliable adviser of the people. Ho
was a bolter In 18lf.‘l and In that year,
too, he made a speech in which be de
clared that the exchangeable value of a
dollar depended on something beside* •
congressional edict.
When Frank Irvine was running os
the Democratic ticlse for Judge of th*
1 Hupreme court of Nebraska Mr. Bryan
supported a Populist. In reply to a let
ter from Mr. Irvine, calling Mr. Bryan's
attention to his unexpected poaition, th#
present candidate for President on the
uemocraiic wruie it uunvuieui UI
his reasons for bolting which contained
the following cool remarks and assur
* nnce-s of personal and peculiar esteem
' for the Democratic candidate:
1 1 regret that our people chose for slaughter
) so deserving a uiin. They ought to
have selected some one of the limner
l ous Democrats '*-ho are responsible
• for the falling off of the Democratic
i vote. I have spoken to you thus
frankly and confidentially, because
I feel that you deserve a better fate
than the one wbleb I fear awaits yon
l this fall.
During the extraordinary sesaion of
1 emigres* Of 1808, culled by l’resident
Cleveland, Mr. Bryan made a speech Is
which Jte declared that:
While the <d.verument can say that a gives
1 weight of .'‘'W er ellver shall consfl
I tut "a dollar s'*> lh*‘ doll»r
with legal teuder qj*Utles, It cannot
flx the purchasing poweT •>* ‘he dol
lar. That uniat depend u.°0# ‘®e
law of supply md demand. as
If the number of dollars Increases^
more rapidly than the need of dol
lars—as It did after the gold discover
lea of IMP— the exchangeable value of
each dollar will fall and prices rise.
Thus it appears that Mr. Bryan knew
i what the exchangeable value of a dol
lar depended on. His chauge of tone,
therefore, is not because conditions bavt
changed, but because he shift* his prin
ciples with the varyiug political breesea,
(djit jjiat he Is willing lo do anything for
Id the spring of 1882 Bryan declared
In a speech made hv him on the tariff
; question that the fall of pricee must b#
i attributed—
I To the Inventive genius that hat multiplied
a thousand times, lu many Instances,
the streagth ef s single arm sad
enabled M to do today With one man ,
i whet ifiy men could set do iff#
rears ago. That la what brought the
I prices sows la this country and else- «
whom 4
_A* •*£
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