The advocate. [volume], April 30, 1890, Page 13, Image 13

About The advocate. [volume] (Meriden, Kan.) 1889-1892

Image provided by: Kansas State Historical Society; Topeka, KS

                
13
tho amount marketed. The third column I
of Uures represents the consumption of the
total crop in twelve months, one-twelfth
each month, (trul shows oppohite each mouth
the local value of tho u loss amount of that
year's crop consumi d at tho close of that
month. Tho thin! column of figures in
made by mibtractiiitf tho value of tho tfroas
aiiiount consumed at I ho clone of each
month from tho valuo of tho rosK amount
marketed at that date. For example, tho
valuo of tho amounts marketed In Septum,
her, October, November and December are
Hit added together, showing the tfroH valuo
of tho product marketed up to December ll
to be .'JXI,'.HI0,1U1.'J. Of this amount, in
four month, tho valuo of actual eonsump
lion ban been lOl,M:.Ht)0, leaving a Tiet pro
duct to tho valuo of f.KJ.Hltl.U.JO fordejiosit
in tho warehouses at tho cIomo of that month,
providetl every cotton producer in tho whole
country aviuled himself of tho provisions of
thin bill. ( )n tho aist of August tho value of
tho irross product and tho value of tho ifross
amount consumed aro an exact balance, eon
Hciiucntly there could bo nothing on deposit
accordin to thcHO estimates. The ifreatest
amount at any ono time on deposit in tho
government warehouses had thin plan been
in operation last year, would have boon in
February, and would have boon of tho valuo
of lllfi.LWM.W, and had HO per cent of
tho valuo of the name been represented by
treasury not en tho actual volume of tho cir
culating medium would have been increased
for a short time $!i2,17l,tii:i.lX Taking
those lL'ures in regard to the cotton crop an
a nam pie of tho operations of this bill it is
easy to oHtimate tno probabla amount of the
transactions in tho other product. Those
figures will bo found in every caso very lib
eral and calculated to underrate ruthor
than to overstate tho side of the alllrmatlvo
in this question; nevertheless they Hhow with
jjrout force that tho moasuro in very conser
vative, and that tho measure will bo attend
ed with no inflation whatever; in fact they
lead to tho concision that the present cir
culating medium would not bo inoro than
doubled, and that only for about a month at
11 time, wlion tho product of agriculture de
manded extraordinary investments. Now
while it i truo that the product of agricul
ture lire etiual to four or live tinum tho vol
ume of money in circulation they will not
require an addition of the volume to that
extent bocaiiHO n demand for money quick
en the speed of circulat ion, which in a par
tial decree compensates for lack of volume,
nnd a doubled volume in a wife and a con
servative estimate of tho additiou required
to do a quadruple business in tho time al
lowed. The financial feature of thin bill are con
servative because they in no way oppose or
interfere with the present financial system
of government or tho national banking sys
tom. It i taken for irruntod tlmt the daily
and weekly business of tho country need all
the money now in circulation by the gov
ernment and by tho national bank, and
perlwip more of the same kind, or any yood
safe kind. Hi conervativo iitfiiln, becnuo,
uh ft financial moosuro, it involve only the
same principle now in force in tho national
banking system, tho only difference beintf
ono of detail and not ono of principlo, and
that i instead of depositing bond, which
are nothing but an evidence of indebted
ness and are, therefore ft promise to pay
value, thin bill provides that tho value itself
in the nhnpe of a conmimablo product shall
bo deposited a ii barti on which to issuo
treasury note. There i an element of con
Horvnt ism, justice, Htability and certainty of
nrKMirit v nnd nolvencv that doe not attend
the present system. It is conservative be
cause it will oe n cneapor oasis on wnicn 10
issue tho treasury notes than tho bonds are,
fnr renson Urn tho i?nvnrnmont navs in
terest at not losa than 3 per cent on tho
bond, while tlio agricultural deposits wouiu
ask no intercut, and would moro than pay
all the expenses incurred, besides becoming
in timo a valuable source of revenue. In
thi connection the following table, show
ing tho number of warehoue or elevators
iiiwli ulntvi would u entitled In under tho
provision of thi bill, providod every county
HIIOUIU avail unci I OI mo pian, in irenvuieu.
This miiu not. nlwnvs bo thfl cao. but will.
no doubt, 1)0 tho rule. The centum of 1880
furnishes the dutu available for an estimate
on thi question. Tho decline in price
since mill year iuuy meets iug uicrcusu iu
production, except in tho newer rt&tos.
Though in many senses incomplete, no better
data are at hand. A rough etimate only
can bo made, but that given below i prob
ably correct in tho main:
HTATIC colNTirX MTATK- COINTIK.
Alabama : NelmiNkA 1H
Arkannas :w New.lerHcy 4
California ' New York 8
Colorado .1 North Carolina M
Connect lent 2 Ohio 41
Itelaware 'J Oregon H
Klorlilii 4 Pennsylvania lit)
UeorL'la 47 South Carolina :)
IIIIikiIm 4 TnmcHsifO
Indiana m Texan fit
Iowa 41 Virginia 14
Kansas 4J WiK'onshi 'M
Kentucky -7 North UakoU U
InilKiana uth DakoU is
Mlchliran !i Idaho t
Maryland Montana 1
MlnncHoUi. art Washington 3
MlsNiSnipl 47
MtssoHil '1 Total counties 817
Of this number about .'173 would be ware
Iiouhcs for the Htorage of cotton or tobacco,
and 144 elevators for the Btorago of wheat,
corn and oat,and a there is never at one time
Mibjuct to xtontgo much over three hundred
million bnnhel of thene grains, the average
capacity of elevator would bo about 7'0.i)O0
biitthel l. Tho iiumt, liberal eHt imati for the
oontitrucf ion of elevator of that size do not
exceed t'JUXK) each, or an aggregate of fH,.
WK),(XK. The warehouiie necennary for Cor
ing cotton and tolmcco ciui bo built at much
leu ctmt, but counting them at tho amo
prioo tho;t7H warehoiiHe would cortt 7,1UI,-
(MM), and thi very liberal entimato of the
cot of coiihtruction of all tho warehoime
and elevators poiihto under thi law would
only be (KyMd.lKK). ( )f courso thi etiiuate
i only deHigned to be an approximation,
and a such i fair and reasonable.
Tho building of t Iicho substantial and use
ful buildings in the smaller cities and county
town of the rural district will do much to
encourago and develop growth and enter
pi ino and be the mean of establishing homo
manufacturing enterprises, thereby operat
ing a ft check upon the deplorable tendency
toward tho ruinously expensive system of
concentrating everything in the citie. Kn
courage the growth of one good manu
facturing town in each county, and much
will be gained toward rendering farming
prosboroiirt. For example, there are not
nearly as many flouring mill scattered
through tho farming districts of the
country a there were twenty years
ago. Then the farmer usually carried
hi grain to tho mill and Hour and bran
back; but now the rule 1 to sell his wheat
and buy patent Hour. Tho great milling
corporation have crowded tho small miller
to tlie wall, bocause they were able to buy a
year's supply of wheat at a timo when the
market wa lowest, and since ho i crowded
out tho farmer is compelled to pay freight
on both hi wheat and Hour, With tho wheat
at homo until demanded by consumption,
there would be no such advantage to tho
capitalist.
Again.it i coiuiervative a presented in
thi bill, because it i limited to only live of
the loading articles of agricultural produc
tion. Truo, tho principle involved once
admitted and demonstrated to be correct by
experiment can not in justice bo confined
by an arbitrary limit to five or any other
number of agricultural production, a all
product of labor can and will justly demand
a like recognition. Hut while it may be
proved to the entire satisfaction of every
one to be correct in principle, it introduc
tion must I mi guarded iu many detail calcu
lated to prevent abuses, and these
detail, many of them, can not be
forenoon, but must be gathered by
experience. Therefore, tho introduc
tion and starting of tin machinery i
to a groat extent experimental, and it i the
part of a truo and wise conservatism to pro
ceed with safety and caution, admitting an
few article an possible until all tho joint
are well lubricated and in good, smooth
working order.
Tho necessity for ft lloxible feature or
quality in tho circulating medium of this
country ha already been shown inciden
tally. This ha always been recognized by
economist, but tho march of material
progres in recent years, w hereby tho whole
world is converted into a daily market, ha
intensified thi necessity by shortening very
materially the season in which tho products
of ftgriculturo aro marketed, thereby short
ening the period of, and intensifying its de
mand for money and creating ft correspond
ingly greater variation between the ade
quacy of volume to demand nt the ditlereut
seasons.thun making what tho earlier econo
mist considered an element of minor im
Iortunce in the disturbance of prices, oue of
the most important agencies for that pur
pose at tho present time. In this connec
tion the following maxims are offered an
concise statements of ultimate truth in the
premise:
A fluctuating demand for money met by
a fixed or inflexible volume, whether great
or small, will be attended with fluctuating
price.
A fltable, fixed and regular demand for
money met by a fluctuating volume will bo
attended with fluctuating prices.
A fluctuating demand for money, met by
a volume that fluctuate exactly to corre
spond with the fluctuation in demand, will
be attended with stability in prices. These
are offered as ultimato truths that can not
be ignored.
Tlie desirability of tho measures proposed
by this bill have now been shown from evory
conceivable standpoint. There has not been
in any country an exact precedent of thi
bill in every particular, but there i abund
ant precedent in thin country, in Franco, tho
Argentine Republic, for the warehousing
of products by the government, and also
there is precedent in thin government and
in most of the civilized governments of the
present day for tho government to take pos
session of value and issue circulating media
against it. This plan ha now been pub
lished thoroughly by the press of the country
for four months, and has, perhai, been
more thoroughly discussed by the people
tliAti any legislation proposed for years. It
ha also been extensively criticised, but in
no instance has criticism been a legitimate
question of the principles involved. They
have usually been upon details not provided
in the bill, or upon a misconception of it
provisioun or working. A fair sample of
the criticism indulged in i the published
attack of Kepresentativo (Mm, of Alabama,
in which he proven and displays nothing but
bin complete ignorance of tho bill and the
laws of this country, and tthows a remark-
$3. Warantod Shoo,
KOK liADIIOS'uwl CII'JNW WltlAll,
m nnnn TTMTriN
T1TTT11T 1 11
I n
ruiiMmi u uiiuu iiuuihj,
N. I.
Mall Orden (solicited.
Topeka, Kana.
able amount of blind prejudice.
Ill conclusion, eiii.ienieii, mini inn rmniMim-
tl.ins herein set sorth It Is rulr and conservative
to say Unit the passage if ill woniii injure
no necessary or IcKliiuwitii business Interehl In
im coiiuiry. unti nun iv wmiu. wun nn-
taint y, place llio agricultural hiterehls of the
whole united Wales upon a sure, Kiiiisnciory ami
prosperous basis. It would add to the Iiuihm
mice of home transaction nml homo Industries
la the rural districts, thereby Increasing the
Kiowtli and proH'i'lty of the country town, and
only call tumti the laiyc cities to be content with
ti liM4 ruiilil irr.iu tli until lint ilevi'loliment of the
country should provide a better loumlailnu for
IllCir pel lll.llirill rowill, ll wuuni leneio j'nr
ilucllve ctrort from "the power of money to np
tiress," which Is ttnihiy the most potent Inlluenco
iciming low urn inn runri'iiiiHinui in nrunii in
tin. lunula ivf lli.l fouv tllli'll III tlll ll I tint IM'tMit-
est menace to the Ktabltlty of American Institu
tions. Money, striped of Its "nower to o
pross," would no longer be hoarded away from
leultlinate productive eiTort that It iniijht secure
l in Krcuicr K'Ons mill now in niicii ikiiiduiii
i.inll.ii.lj I. ill u. tiilil .uk Inv. .lit in. -lit In lil'ii.llli'l-
Ivo enterprises, and, as tho freebooter when he
limn roiuiiiiK no loimer pnicucanio rim s mi worn
and becomes it useful cltlcii, so money, when
production became Its most prolltable channel,
would Join labor as Its true adjunct for tho pur
pose of blesslux mankind with all the happiness
that can bv honcNt cttort bo secured from the
ureal storehouse that a benli;n and wise provi
dence h:iH provided In nature.
'
To tlie Sub-Alliances In the Mute of Kan
sas.
Art. V., Pec 0, of our state constitution
contalnstho following:
"It Nhull altto bo tho duty of tho lectur
er to select subjects for connldcratlon and
diHcusHion by mib-alllances each month,
ami publish tho muno in tho ofllclal or
gan Bulllclent timo beforehand to glva
duo notice, and that ho shall rciulr the
lecturers of tho sub-alliances to submit
tho Hiuiio at tho meetings of tho Bub-alll-ances."
Tuic Advocatk having been selected
by the Hoard of Trusteed a our oillclal
organ, I hereby announce tho second sub
ject chosen for consideration; viz.: Tho
Hoconil iloinaml adopted at tho Nation
al meeting at Ht. Louis, relating to tho
freo coinage of silver, detail and In
formation of which may be found In Thk
Advocatk and tho National JCmiomint.
Tho lecturer of each sub-alliance In tho
Btato will pleaso to Introduce this for
discussion aa soon n uwalblo, and ee
that It is thoroughly discussed and under
stood In all Its bearings, as far as possible;
get an expression of tho members and re
port to tho chairman of committee on
legislation, M. II. Markam, Constant,
Kansas, showing, First, tho membership
of your sub alliances. Hccond, tho num
ber actually present when vote Is taken.
Third, tho number of votes In favor.
Fourth, tho number of votes against.
A bill has been Introduced Into C!on
grcsa for tho purpose of making It a law.
Let us Inform our Legislators definitely
regarding our wishes in this matter. Jlo
lleving tills to bo a matter of great and
pressing importance, I urge speedy and
vigorous action without unduo haste.
Thoso who feel competent to enlighten
us on this matter, will please to do so
through tho papers friendly to our cause.
Hoping to get an accurate expression
of tho wish of tho brotherhood on this
subject, after a fair discussion of tho
same, I remain
Fraternally yours,
A. 12. Dickinson,
licet. F. ami L. A.,
Merlden, Kan., Mar. 4, DO.
TjKxinuton, Kansas, April 21, 1MD0.
KniTou Advocatk: At a regular meet
ing of Lexington Union, No. 11.18, tho
Bub-treuHtiry bill won brought up for diu
cusHion and avoteofayos and nays taken.
Tho total voting membership Is 4C, 0 being
abBcnt. Tho vote stood, yciw, 27; najn,
none. Making a unanimous vote in favor
.f tho bill as indorsed at the St. Ixnuu
Convention in December.
Fraternally,
Ou.ivkk Lewis, J. M. Keith,
President. Secretary.
AI.MAM i: NOTF.N.
NoTH'K TO Ol'U KlMK.NIM; We will WeleoillS
III this column Iu let Items of news from iiiIh
unions. I' l lcnd i let us have Utile Hit bits of ii.'M'.
that we may spread the clad tll!turs of the g'ssl
times you are liavlntf at your iiiccIIiik.
Spring Creek Alliance, Mitchell comity,
him met with a great loss in tho death of
llrother JamcH 1. Meall.
H. M. Scott lias been aps)iuted ono of
the Htato lecturers. Mr. Scott will do
credit to tho order wherever ho jrocu.
County organl.er Komh and Mr. Allen
nddresHeil a meeting at Pomona InntMon
day evening. A promising union wus
organized.
Spring Dale Alliance, Hutlor county,
holdrt enUntsiiistiij meetings. Their motto
in do or die. It In wife to wty that thia
lively alliance will not die.
Tho work of organizing alliances la
Kansas goon bravely on, and tho subscrip
tion list of Thk Advocatk keeps paco
with tho growth of tho order.
II. A. Hontz, lecturer for the alliunco at
Delmur, Is doing good work in leading tho
people to see the InlnultouH character of
our national lluiuiclnl legislation.
The PhlllipB county alliance has struck .
out a fashion that leaven tho Crawford
county Bystem way In tho shade, l'c.vj
In another column their "Alllanco system
of nominating olllcera."
Pontiae, llomilia and Prospect Alliances,
of llutlor county, have been making Ufa
n burden for tho Walnut Valley Times,
That paper had tho audacity to state that
tho alliance In working for and doing tho
bidding of the democratic party. Tho
'Time In getting its Bummer rousting in
advance of tho hciihoii.
In a certain locality not a hundred
miles away tho state lecturer, Mr. A. E.
DIckliiHon made a visit with the expecta
tion of organizing a union. His k'cturs
was well liked but there wan no rnthusl
amn for organization. One farmer hung
back, saying: Oh I guess It will play out
JuHt like tho grange. Another farmer had
heard that tho alliance wanted to break
up the republican party. Very well, said
Mr. DickliiHon, I will not come again un
til ycu send for me. Insldo of live wceku
the lecturer wan sent for and a union of
42 members wan organized. And now
Unit Hamo union In iu a friendly quarrel
with every other union In tho county in
to which ban the motit enthusluNtio mem
bership and tho livllest meetlngn. Thua
tho contagion npreads. It'n in tho air.
That was a comical time nt tho Big
I lend school-house one night hint wctdr.
It was tho night of tho regular meeting
of tho lllg Ilend Alliance. Thero was
alno an appointment for a rcpubliiuvi
caucus. When tho caucus nieti arrived
tho house was filled with alliance nicu,
neither understood the situation. Tho
alliance men chullengod tho intruders,
while the caucus men nupponlng that It
was their meeting challenged Homoof tho
democratic alliance men. An understand
ing was finally arrived at, a good hngh
wan indulged in and tho three lono cau
cus men retired in good order leaving th
field clear to tho houso full of Allianco
men. It In Hafe to wiy that If those three
outniders aro eligible they will soon msto
I application to bo taken Iu out of tho cold.