V THE DALLES CHRONICLE. WEDNESDAY. . SETTEMllfen 23, 1K10. ii i The McKinley Law Checked Tin- . . portation and : , Gave a Home Market. . EFFECT OFITRE WILSON BILL, Supplement Tho Canadian Farmer Has Protection . but the American Farmer Has None. ' Tfcor la no reason why Canada, Mexi- m. nhinn. or any other country should supply the United States with a single gg. Canada does not buy a single egg from us, and there is no reason why we honld buy from her. When we do,' the .American farmer loses the benefit of part f his natural market. The purpose of this article is to show try a few figures the benefit which the .American farmer derived trom the Mc Kinley law: not merely because the law atopepd imports from other countries, but because under that law he received am average of 15 cents a dozen for his , ggs all the year around. Under the present Wilson-Gorman bill, he hardly averages 5 cents a dozen; and the people could better afford to pay 15 cents a aozen in ls2, than they can a cents a dozen in 1896. From 1883 to 1890, there was no tariff upon eggs. The Canadian farmer could end his eggs across the line from Maine to California. Mexico, China, ! ranee, Germany and other countries supplied n with 15,500,000 dozens of eggs, an nually, on the average. We paid every year to the foreign farmer on this small product alone, at 15 cents a dozen, $2,- wu.uuu. j.nis importation ot over 1, 000,000 dozen a month or 50,000 dozen a day was felt, in the way of competition, ly our farmers chiefly in the large cities. -Farmers can get the best prices for eggs . uu ineir proaucis in tne large cities; but when New York. Philadolnhin. Kos. ton. Buffalo. Clevel Francisco and many other markets are applied with eggs, shipped at cheap men ox transportation Dy water, now can the farmer expect to compete who Iim n i-)i i 1 , ; ...... 1, ;i .i w "')' ma cga i ' v rail I t The following statement shows imnnr. tations of eggs, by countries, the year be-: uic luujYiiiiey lann went into eltect, "e jrar euunig june su, j.By: Importations of eggs, by countries, Julyl, Countries. f Dozens. Value. Austria-Hungary Belgium China Xtenmark. . g ranee... ...... . erniany. England Scotland.. .... . .:- 1,528 $382 33,223 6,425 215.184 126,300 74,950 -11.899 14U 73,355 99 14,119 897 820 4,014 4,100 Hova Scotia, New Brunswick and Prince Edward Island) 3,637,222 I 481,609 ucikt, v 'ii i m no, uan- hods xerritory. British Columbia Bong Kong Italy ..... Japan.. .... .... jklexico.; ........ Netherlands Cuba.. STurkey In Africa. 11,731,864 1,864,020 W75 15,21! 12,468 2,07 18,587 5001 10,503 2.3801 70 .154 Total 15,918,809 12,418.976 The next .table shows the points at wnlch sa ncic icceiveu: ... ... j. j i . -, in i run 1 x v i . Ports. Dozens. Value. Aroostook. Maine .Bangor. Maine. Satb, Maine Boston and Charleston, Mass JSnffalo Creek, N'.iY... Cape Vincent, N. I.... Champlain, N. Y Corpus Christ!, Texas. . Cuyahoga, O. . . Detroit. Mich Genesee, N. Y Gloucester, Mass Huron. Mich Key West, Fla. ....... Afarblehead, Mass New London. Conn... New York, N. Y Niagara, ' N. 1 swegatchle, N". Y Oswego, N. Y Xaso del Norte, Texas and New Mexico Passamaquoddy. Maine. Philadelphia, Pa Portland and Falmouth, Maine ...... fertsmouth, N. H...v. rovldence, R. I aget Sound, Wash . . . Salem and Beverly, Mass fianduakv. O. 1,958 546,826. 385 $277 '.68.142 - ' 35 1.938.267 270,990 920,096 1,347 125,603 4 80 54,314 104 2,342 5,740,946 9,400 829,894 321 600! 437,993 7: 15,783 11,777 1.503' l,729j 316 392.469 1.412.963 1,020,293 18.555 1,418 i 33 63,845 240,686 141.521 5 2,376 1,122,638 138,131 5 2,681 164 30 975 . , 4,184! 720: 126.300 7,764 2,256.070 3,364 10,215 1,255 382 18 6 86 663 62 6.425 Un Franclscoi Cat Superior, Mich Vermont Taldoborough, Me. . . . Willamette, Or. All other customs dis tricts l!l62 377,407 485 507 211 Total. . 15,918,809 $2,418,976 It would evidently , be imnossihle for larmers nrty miles in the interior of any f the states bordering on the Great water 'from Canada-. The McKinley tariff imposed a duty f 5 cents a dozen on eggs. This law went into effect October 1. 1890. Dnr lag. the year ending June 30. 1890, we imported nearly 900.000 dozen eggs less than in the year previous, when there was no protection. The importation of eggs steadily decreased until the repeal of the McKinley law in 1894, so that instead of nearly .16,000,000 dozen eggs being brought into this country, as here tofore, in 1890-1 we-imported 8,000.0(i0 ozen; 4,U0(J.(HX1 in 1891-9; 3.000.(KK) in.1892-3; 1.750.000 in 1893-4. By 1894 nearly $2,000,000 had been taken from the foreign shipper, which now went into xne pockets of the American farmer. The following table shows the importa tions of eggs since 1883: Annual Importations of foreign eggs, 1883- Year ending June 30. Dozens. Value. 1883 1884 ,.. M 1885 ' 18S6 a 1887 1888 .'. a 1889 b!890 , ... to 1891 to 1892 to 1893 bl894 1895 a Under Free Trade. 15,279.065 1 ?2, 667.604 16.487.2041 2,677,630 16,098,450 2,476,672 16,092,583) ?'S 13.936,054 15,642.861 15,918,809 2,'418.'976 2,074912 1,185,595 15,062,796 8,233,043 4,188,4921 3,295,821 Vxh'?.1.?. 1,791,430 2,709,411 324;i33 b Protected, October 6, 1890, at 5 cents per dozen. c Gorman 3c Tariff. During the last year of the McKinley tariff the only eggs we bought were from Canada, and from China for the Chi nese. We bought none whatever from European countries, as before. Even at IS cents a dozen th tariff wnnld not he any too high. It simply made a differ- nce to the countries across the Ocean, or places in Canada, far from the shipping . yoinm -. i - . - t - - - - What does all this talk about sixteen to one mean ? It means that free coinage of silver will ruin business and close If the McKinley law had been let alone, the American farmer in 1895-6 would be supplying nearly every egg in the American market. The farmer's wife would have felt encouraged to in crease her stock of poultry, on which she depended for pin money to clothe herself and her children. When the McKinley law was repealed and the tar iff on eggs reduced from 5 cents to 3 cents- a dozen, importation increased 1,000,000 dozen in one year, at an in creased price of $125,000. Unless the American farmer can see it to be his in terest to vote for McKinley and the restoration-of a proper duty on eggs, the Canadian and other foreign farmers 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 years. Question. Why Should Democrats Legiti- late In favor of the Canadian as against the American Farmer ? The American farmer could not sell eggs-in Canada, even if they had no tariff on American eggs. There are only a few large cities there, and they are near. to the Canadian cheap tarms. 'llie 86 hall-a-dozen small markets in janaaa 780 I have total nonulation only one-ouarter I as large as that of the city of New York. 5 A few election districts in tne city or New York, or in Philadelphia, or in Chicago, afford a better market for American eggs than the wnole ot uan- 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 I her p?s The Canadians have protection. but under the Wilson bill we have not. A Pointer' for Farmers. I 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 in1837.' He told me this instance once: That after sowing a crop of wheat by hand, cutrinff it with the cradle, binding it with -the rake, and threshing it with the ball 1 upon tne noor, ne pui it upuu u nau" and drove it to this city of Milwaukee, ninety-six miles away, and sold it nere for 46 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 '50s wheat was 46 cents a bushel, and silver $1.30 an ounce, if the price of silver always carries with it the price of wheat. And when he .hems and haws, say to mm: "It is not oulv confined to wheat, but that other commodity yon yoke up with silver, cotton: and tell him that tor tne four years ending in 1845 cotton in the city of New York averaged only 7 cents a nnnnd: and that for the four years emlin? in 1804 the same 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 friends, utterly de stroys the 'whole silver heresy. Con- gres'sman Fowler of New Jersey, What Stewart Thought in 1894 Senator Stewart of Nevada made a speech in Congress 1 ebruary 11, 18i4, in wliii-h he said: I,et everybody know what a dollar is worth. The farmers will then know how tr mensnre the difference in price be tween bis wheat in Illinois and the wheat in Liverpool. The wheat will lie nieas-. ured by the same standard gold in Illinois as it is in Liverpool and any man can figure it up. But now it is a mys tery, the whole subject of finance is a mystery, and what do we see every day? We see those who devote their attention to it making large fortunes out of this mystery. ' Let 11s do as all the people of the world have been doing - from the beginning measure our values by gold, adopt the standard that all can understand, and get rid of this mystery. lr. ljOgan ivmi uoes xiie stumor want? Mr. Stewart I want the standard gold. nnd no naner money not redeemed in gold, no paper money the value of which 1 ; nseertained. no DaDer money that will organize a gold board to speculate Who pays these immense fortunes? How is it that millions and millions can be rolled up annually there? Did anybody ever calculate who, paid for it? It mines out. of the producers. How do these men exist? By the latitude which I lation and nothing else. your uepreciuteu tuiicuuj' gnco iw dcvu- Persons who are speculating in your depreciated currency are making the money, uuu luvy win cuuuuue 10 luanc it so long as you have a depreciated cur rency. , If the farmers would get rich they have got to become skilled in this fluctuat ing currency and make corners and man I ipulate the market, and if they (Jo that I they cannot farm. (Congressional Rec- I ord torty-tniro uongress, nrsi session, f voi. , p. o&.j Payment of Debts in Debased Cur rency Means Practically Kepudiation. A NEBRASKA FARMER ANSWERED Fallacy of What is Considered the Strongest Free Trade Argument. The following letter is one of many that are daily received by the Times Herald. It is supposed to contain the strongest free silver argument that can be addressed to the farmer, and it is used by the free silver orators with im mense assurffnee of its success: ... . Lincoln, Neb.. Aug. 3. To "the Editor: My land Is encumbered by a mortgage of $1000. payable in lawful money November 1, 1897. I must pay this debt with the products of my farm, under ordinary eir cumstances I will be able to raise 1000 bushels of wheat next year. If there is no cnange in our nnanciai system, tins wnear, at 50 cents per bushel, will pay half the debt. When the value of a silver dollar Is reduced to 50 cents by free coinage a bushel of wheat, without any change ill its value, will be worth a 50-cent dollar. With freev coinage -of silver I shall, there fore, be able to pay the entire debt with the 1000 bushels of wheat. The burden of Faying a debt of $1000 has 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 fail to look nut for my own Interests who will do so for me? Is "there any reason why I should not vote for the free and unlimited coinage of silver? Very respectfully, J. W. Binger. The answer is not far to seek. When this farmer borrowed the money it was the equivalent of $1000 in gold. It was the same as if be ha,d 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 j.robably improved his farm to that extent or bought stock or machinery. In whatever way he used it, unless he burned it up or squandered it. he got value received. The borrowing and lending was a busi ness transaction and the borrower used the money to promote his 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 fnrmer more pros perous than he. That neighbor would probably have to carry something like two thousand bushels of wheat to town.. sell it for a thousand dollars, get the money and hand it over . to his friend. There have been in the past thousands of sufh transac tions. Iu fact, in ' every farming community there are a few farmers, more thrifty and of better business qual ifications than the others, who always have money to leud out of their savings. They get the mouey from the products of their farms, but they are not loaning those products. They are loaning the money, and since 1879 it has been gold or its equivalent. Why should they not have the same kind of money in re payment? . Is it any wonder that the advocates of unlimited free coinage are charged with dishonesty and that silver is calledjdis honest money, when by the passage of a law a thousand 50-cent dollars will be sufficient to discharge a debt of a thou sand 100-cent dollars? . Such a law amounts to the repudiation of one-half the debt obligations of all the debtors in the United States. When Mr. Binger in the above letter says. "The burden of paying a debt of $1000 has doubled since I borrowed the money." he must remember, if he is stat ing what is true, that the "burden" is not alone upon him. but upon every other business man who has borrowed money. Merchants and manufacturers feel the same stress of the hard times as the farmers do. It is not because they bor rowed gold and have to repay gold that the burden is greater, but that their earnings and assets have not turned out as they hoped and expected. Competi-' tion and overproduction have affected the whole world, but repudiation is not the proper cure for. it. Honesty is the best policy as a policy merely, without reference to its moral quality for nations as well as for indi the workshops so that when there is viduals. A man who has repudiated his debts is never trusted again and is re garded witn contempt by all his neigh bors. And so is a nation. A free-coinage law is repudiation, and tnat it is understood 111 that sense is in dicated by such letters as the above, For 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 his thousand bushels of wheat? How can he pay his debt any easier than he can now? No, it is repudiation the silver men want, and repudiation is dishonor. Chi cago Times-Herald. VALUES DECREASED. Prices of Live Stock I'nder Republican . and Democratic Rule. When we resumed specie pay ment in 1879 our domestic animals, horses, mules, cat tle, sheep and swine were valued at $1,445,423,062 During the ensuing six years, until the election of Mr. Cleveland In 1884, the values Increased to. 2,467,868,924 A gain during six years of Republican rule of." $1,022,445,862 During the ensuing fomyears . until the election of Mr. . . Harrison In 1888, values de creased from 2,467,868,924 To.. , 2,409,043,418 A loss during four years of Democratic rule of 58,825,506 During the ensuing four years, nntil the second electiou of Mr. Cleveland in 1892. values again increased from 2,409,043,418 To 2,461,755,698 A gain during four years of - Republican rule of 52J12.2S0 During the last two years, under the second artniiif t ration of Mr. Cleveland, and tinder preposed and accom plished free trade and sweep- . lug tarifT reductions, values again decreased from (1893). 2,483,506.681 To the comparatively insigni ficant total of -.. 1.819,446,306 Showing the enormous loss in Two years of Democratic - rule of 664,060,375 Cheap Dollars. Kverything is cheap or dear according to what we have to pay for it. Sugar is cheap at 5 cents a pound, but would be dear at 10 cents. A cheap dollar, therefore, is one that the merchant buys with less goods than he would" have to give for u dearer dol lar. If a merchant now gives twenty, pounds of sugar for a dollar, and the dol lar which he gets isa 20O-cent dollar; and if the 00-cent dollar is a dishonest dollar and ought to be replaced by it 100 cent dollar, worth only half as ninch; in that case, the merchant will give only half as much sugar for the cheaper dol lar as. he now gives for the dishonest l!00-cent dollar. That is clear, is it not? This is precisely what "cheap money" means. ' Is this what the farmer and the worff ingman really want? . Apply this illustration to labor, if you please. The workingman buys dollars with labor. Does he want a cheap Col lar, for which the merchant will cive only ten ixiunds of ugar? Or does he want a !!00-cent dollar, for which the merchant will give twenty pounds of ugar? Cheap dollars would cut his Wirges in half. He surely does not vant that. "Oh, no," says the workingman, "that is not what I want: but. if dollars were cheap, I would get twice, as many of them for a day's work." Would you. indeed? Not on your life. Free and unlimited coinage of silver, at the ratio of 10 to 1. is simply a scheme to reduce your wages without your know ing it or having an excuse. for striking. What good would it do you to get twice as many dollars for a day's work if $2 would buy no more sugar, .and no more of anything else, than $1 will now buy? Besides, if prices go up. under free coinage, as they will we admit that does not the workingman know that the first thing to go up will bo rents, the next thing will be food and clothinsr. and the last thing will be luoor?- Under free coinage, instead of being better off. the workingman would be worse off than he is now. Think this over, and see what it all means to you and to your little family.- Springfield (111.) Journal. , A Question for Farmers.. If tje volume of silver money controls prices, as the free coiners would have us believe that it does, so that the more silver coin there is in circulation, the higher is the price of wheat, and the less silver coin there is in circulation, the lower the price of wheat; then will some farmer, who believes in the free coinage of silver at 16 to 1, answer -the question: How did it happen that wheat was lower in price in 1894 than ever before, while the amount, of coined silver in the world was greater than ever before? Illinois State Journal. . .' , . . a job for one man there will be sixteen men out of work applying for it. Arithmatio for Wheat Growers Which Neglects Tax and In terest Considerations. . A FRrZE SILVER MATHEMATICIAN. Silver Accountants Concede Double Expense in Mexico and As sume Equal Profits. Warren, Minn., Aug. 6. To the Editor: I enclose comparative slips circulated by an advocate of free silver, which subject I would like your opinion on. It, of course, is intended to catch the farmer who raises wheat, and deductions of this kind have had their influence in this dis trict, which .is largely wheat growing. I would like the going wages in Mexico and the rates of interest in countries on silver basis as compared with the gold standard conntries.- Tj. Lamberson. The first slip professes to show the net profit to a farmer of raising ,"000 bushels of wheat in the United Mates: 5000 bushels, at 56 cents per bushel. . .$2,800 Expenses $1,000 Freight KOO Interest 20O Taxes ...... ' 40 2.010 Assumed net profit to American farmer $760 The second slip makes a similar state ment of the assumed profits of r.-iising 5000 bushels of wheat in Mexico: 5000 bushels, at $1.12 per bushel $5,600 Nxpense .mro KreiKht HN Interest 200 Taxes 40 ; . 3.040 Assumed net profit to Mexican farmer. ... r Reduced to gold.. .$2,500 . 1,280 As this assumed profit would be in silver and the wheat would have to be sold upon the gold standard, this skillful accountant reduces this to gold, making the net profit to the Mexican farmer $1280. But to produce this result this accommodating ai-coitntaiit. while con ceding that the expense of raising the wheat would be twice ns many silver dollars as in the I'nitiil States, as sumes that the profit on it would lie the same number of silver dollars ns in the United States. As a matter of fact the freight rates iu Mexico are higher ex pressed in the gold standard than in the United Stales, but assuming that they are the same, the American railroad com panies, as soon as they cross the border, require twice as ninny Mexican dollars to pay a given freight rate as they re quire -of American dollars on American territory, so that the freight rate in Mex ico Mvould be .$100 instead of $800, ns our "free silver accountant states it. Moreover, interest rates are higher in Mexico than in the United States, if paid in Mexican silver dollars, and more over the interest would have to be paid on twice the number of silver .dollars bor rowed by the American farmer, so that even supposing the rates of interest to be the same, the' 11 mount of interest would be double, raising it from if 2(10 to $400. Moreover, the equivalent of $40 taxes paid by the American farmer would be $80 in Mexican dollars, so that the account of the Mexican farmer, thus .corrected, would stand us follows: 5000 bushels at $1.12 per bushel $5,600 Expense 2.00O Freight l.tioo Interest, : '400 . Taxes .- 80 4.0S0 " . - $1,520 Reducing this to gold, as in the original statement, the net profit of the Mexican farmer would lie $700. exactly what that of the American farmer would be. This is a fair specimen of the illusory and deceptive statements put forth by free silver men to deceive American farmers. Bryan a Greenbacker. Mr. Bryan is not so much a silvcrite as he is a greenbacker. He said, on the floor of the House of Representatives in Washington, June 5, 1804: "The issue of money by the govern ment directly to the people gives us a safer currency (than national bank bills) and saves to the people as. a whole the profit arising from its issue. When a bank issues money, yon must pay the market rate of interest to get it; but when the government issues money, the people sava the interest, if the money is afterward called in; and they save the principal also, if the money is kept in cir culation." : He asserted that greenbacks "can be u8id to pay the expenses of the govern ment." The tariff on some of the neces saries of life might be reduced, and the deficit made up by an issue of money.'' Or, if this is not deemed advisable, "gov ernment paper can be issued to pay for special improvements; harbors can be deepened and rivers improved in this way." He introduced a bill to issue $70,000,000 of United States treasury notes, with which to inaugurate the con struction of the Nicaragua canal. Ha further suggested that "we can use any available coin on hand to take up ma tured bonds and replace the coin so used with paper money." He introduced an other bill providing in this way for the payment of the $2."i.(M0.(H0 outstanding 2 per cent, .bonds. He did not stop even at that point, but gravely proposed that "government paper should be issued im the place of national bank notes, as they are retired."' His theory of the uitimat redemption of government obligations, as stated by himself, was that the larger the issue of treasury notes, the smaller will be the "coin" reserve required witb ' which to meet them. . By "coin" he ex plainedpthnt he meiTnt both gold and sil ver, wilfully ignoring the disparity in in trinsic value between the gold and silver dollar. And this is the financier and states man for whom honest and sensible men. are asked to cast their votes, next November! Bryan Shown to be Uncertain. There is abundant proof that Mr. Bryan is an insincere politician and an unreliable adviser of the people. He was a bolter in 1893 and in that year, too. he made a speech in which he de clared that the exchangeable value of -a dollar depended on something besides a congressional edict. When Frank Irvine was running or the Democratic ticke for judge of the Supreme court of Nebraska Mr. Bryan supported a Populist. Ill reply to a let ter from Mr. Irvine, calling Mr. Bryan's attention to his unox'iocted position, the iiresent candidate for President on the leuiocratic ticket wrote a statement of his reasons for Isiltiug which contained the following cool remarks and assur- . slices of personal and peculiar esteem for the Democratic candidate: I regret that our people chose for slaughter so deserving a man. They ought to have selected some one of the numer ous Democrats who are responsible ' for the falling oft of the Democratic vote. I have spoken to yon thus I frankly and confidentially, because ' I feel that you deserve a better fate than the one which I fear awaits you this fall. During the extraordinary session of . Congress of 1803, called by President Cleveland.' Mr. Bryan made a sjieech in which be declared that: While the government can say that s given weight of gold or silver shall conntl tute a. dollar and invest that dollar with legal tender qualities, it cannot fix the purchasing power of the dol- I ' lar. Thar must depend upon the t ' law of supply and demand. I If the number of dollars Increases ' more rapidly than the need of dol lars ns it did after the gold discover- . les or 1S4U tne exchangeable value of each dollar will fall and prices rise. Thus it appears that Mr. Bryan knewr what the exchangeable value of a dol- lar depended, on. His change of tune, therefore, is not because conditions have changed, but because he shifts his prin ciples with the varying political breezes, ami that he is willing to do anything for office. In the spring of 1892 Bryan declared in a speech made by him on the tariff question that the fall of prices must be" attributed To the Inventive genius that has multiplied a thousand times, in many Instances, the strength of a single arm and -enabled us to do today with one man what llfty men could nor do fifty years aico. That Is what brought the prices down in this country and else where. At this time another change has come over the spirit, of his white house dream. He and his fellow Populists-, ascribe the fnil in the prices of commod ities o the fall in the. price of silver. Mr. Bryan and his associates declare that "the crime of 1873." which the News has shown to have been 110 crime at all, has pulled everything down with , it. . How can the people believe a nnn who thus stultifies himself and puts him self ' on both sides of vital questions, while, at the .same time, he proves un true to his party associates? Buffalo News. The Irishman and the Potato Bus. Mr. Tenney'g story at Madison of the Irishman who swallowed a potato ling and then a dose of Paris green, in this . hope of killing the bug, is very pnt t the political situation. The America a workingman swallowed free trade in 1802, and now, to cure the misery which, he has suffered ever since, the Pnpn.ist quack doctor is trying to induce him to swallow an unlimited dose of free silver. But if the workingman takes it, he wi'.I find, when it is too late, that the cure is worse than the disease. fT .,t-