Show 1 I 1 1 F zu P t X Z I 1 1 1 Z I 1 1 ar t ia a 1 1 t I 1 I 1 I 1 f 1 I i 1 1 1 11 t I 1 1 i J TO I 1 I 1 berb 17 t Z 1 1 41 1 1 k AN AM ARTIC ARTICLE Lt I 1 F FOR OR r i 11 THE 64 a FARMERS I 1 I 1 ia 2 7 er I 1 i 11 I 1 alow they A AT ali forced t to 0 seu their i I 1 crops for halt frices arte by tho 31 money onea combine drw sliver would bade back 4 aulett will e tta greys stad statistical a tacal review places the consumption ot sugar aufai IXL in the united sta states tes at 1945 tons tone during aba year 1895 against tons in 1894 this means that thai the people a bought less sugar by tons in 1895 2895 than in 1894 yet t the h e price of raw sugar sagar average averaged ct lower during 1695 1895 than throughout any other year of which vilich commercial history takes notice the above Is from the inter ocean and islade is made the basla of ari an argument in favor of protection the idea being that the cheapness coming from free fre e trade will not bri bring n 9 prosperity whether the inter ocean is right or wrong upon that point we UP shall not ca consider n al der the th 0 sta statement te m e a t is re reproduced P or another purpose in some cag cases chea cheapness may be a good thing put but when tho the cheaD cheapness ness Is caused not by superabundance of tho the commodity but by a scarcity of money it is an unmitigated evil so far as the masses masse of the people pe are concerned under such circumstances cum stances to talk about the co consumers U am ers benefit is the very refinement of cruelty the source of all human pros prosperity is industry and the very basis is that particular industry which is applied to production without production no other buc business iness could live and man himself would disappear from the face ace of the earth I 1 production is the primary work 0 of I 1 man while everything else is secondary dary and subordinate ther the producer is also a consumer con sumer but bul if he make anything more than illah a bare bara living he must sell more than he buys take the case of a farmer suppose that of his bis crop he can sell 1000 worth each year while his expenses including grocery bills help on farm doctor bills taxes etc amount to he saves I 1 now suppose that prices fall one half all along the line his crop for sale sinks to his expenses to and instead of being p ahead he be only has gl a balance of 1 60 this though is upon the supposition that all things havet fallen in the same ratio but we know that all things do not ch cli eapen uniformly taxes for example have not been reduced at all on the cont contrary rT in many cases they have actually increased presidents is I 1 governors i congressmen judges and local officers continue to draw their salaries as of yore w amle hile those who pay the salaries sell the th e products jiro ducts of 1 I their labor for half price doctors bi bills im lawyers fees traveling expenses and other things remain substantially sub ly the same the hired man resists and properly a cut in his wages while the manufacturers trill the middle middlemen benj and the merchants chants by coln combinations do everything in their power to keep up retail rates the great farm staples are usually sold bold at wholesale priced bearing these facts facts in mind let us now make pother another calculation suppose his taxes doctor bills etc amount to of his bis total expense these them stand as before upon the remaining which includes the hired ut mans aws pay groceries drugs etc we will suppose that there Js is a reduction of say bay 30 per cent this represents a saving askving to him of leaving his expanses on those lines in the meantime his 1000 has fallen to ADO the tha account now stands as follows fo ud w a income crop for sale 4 expenses Taxes tax e 1 doc tors bills etc other expenses t total expenses t deficiency Den clency moo instead of having a profit of we find that he has suffered a loss of SO 99 on his years work now suppose tur further ther what Is true in multitudes of ciger cases that the tanner is 1000 in debt on his farm faaiu falling ng behind hind at the rate of 90 a year how long will it take tace win him to pay the deb dew R the above agures gures A are kiven given not as representing the exact ratio at which different ap prices rices havo havir fallen but tor for the purpose of emphasizing t the fact that should be obvious to producers gene generally rillY that 69 price the their ir I 1 pro product ducts a fall they do not realize a full compensation in ii tho decline of 0 ther other things 1 ilen hence ce the conclusion n abar t a general I 1 tall fall in prices ces injures kares In the othu producers fx more than it injures any the very men who should be injured least are injured most ni when ls Is pur sued aued the tea tendency dendY ot 46 the pru producer ducer it strikes aitho at tho very foundations of litlo w prosperity this was wai the deflect i ct of de taid abe beolk of the complaints towfick 6 tow bicK liehan last ee I 1 e blast adu ti f ai i ears 77 com efrom 1301 that cl class a I 1 if az V t la the case given g on 1 is as um nn I 1 ail i it I 1 stands standi tz to keasow that it I 1 afie ijima ka caul I 1 not rid reduce uce expels expenses in a ma I 1 way I 1 I 1 he will economize 1 ahe ila V iu e ft aadal ad abw other i chinis hinis 45 iott aen sab itlie endue ali chire d man te 49 apt a ora ait kf choir af ofa he J will elt herlt sn I 1 biily i fai 01 alib thus the waga w i I 1 to ji bu ii bf alii 7 r e 5 I 1 1 te i A ceat auml alchi I 1 D I 1 ibis I 1 laki 1 17 si W WW MW it 0 7 tehmi teH MAV Mt artise air win 1 k M 1 aw 4 J ame M i 41 ri 4 y 7 ir IV find ahm mw P t ti 1 lk P W 1 I 0 W lys d 1 W al w nt aa 1 t 1 r 4 K ss s in 4 7 S lip EW L 1 7 1 72 0 1 MA T A AM i 1 I 1 jj 11 J K 1 eti att w 0 wa mm m m P W t I 1 1 d si i 11 fr I 1 s k i 1 J 3 Z e S ka ik Z 5 9 wy 1 iua I 1 jh p L ia E t s L r Z E 1 11 f 1 1 6 1 I 1 buah elfi less icso wheat afia i lilii z I 1 as a whole ewas raa jiin eren worse girao than in 1893 the consumption was nearly bushels less I 1 than in the latter year thus we ve see sea that the alleged overproduction ovet pro so persistently brought brou 9 ht for fol ward by the gold old p people eo pleas as an explanation of the falling prices is in fact un I 1 ser der consumption with prices tower than ever before the people have bought less and consumed ae less sa it ha baa s been simply because they have not had bad the money to buys buy with the idea that people can be mado made prosperous by makinia scirce is preposterous and the bellef belief that sliver allver can i be displaced without making a scarcity escarc ity ot of money Is equally so |