OCR Interpretation


The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, August 30, 1900, Image 3

Image and text provided by State Historical Society of North Dakota

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn87096037/1900-08-30/ed-1/seq-3/

What is OCR?


Thumbnail for

'r&iv-w.
J|
PROSPERITY EVERYWHERE.
How Republican Policies Have Caused
the Greatest Good to the
Greatest Number.
EXPENSIVENESS OF BRYANISM.
Reasons Why the Nation Could Better Afford to Give the Demo
cratic Candidate a Royal Pension than to
Suffer Him to Be President.
Dividends to Labor, Wealth to Farmers, and
Rich Strike to Miners.
O THE American business man,
as W. J. Bryan four years ago de
fined him, including the "Man
who Is employed for wages," the "Mer
chant at the cross-roads store," the
"Farmer who goes forth in the morn
Jog and toils all day, and begins in the
spring and toils all summer,"' the "Min
ers who go a thousand feet into the
earth," the "Attorney in the country
town," etc., the last four years of Re
publican rule have wrought remark
able benefits.
The Prosperity Chapter Interesting*
The Republican platform of 1896 pro
fessed "full assurance that the elec
tion would bring victory to the Repub
lican party and prosperity to the people
of the United States." IIow prosperity
followed in sequence to the Republican
victory in 1896 constitutes indeed a re
markably interesting chapter of Ameri
can history—a chapter which must al
ways bring home to the hearts of the
American people, with grateful force,
the truth that "peace hath its victories
no less renowned than war."
•'Lest we forget" the causes, nnd be
come ungrateful for the prosperity which
during the inst four years has become the
all important incident, of our happy ex
istence as 11 people, the reading in black
and white of the record of prosperity is
at this time very timely. Future success
must ulways be based on the lessons of
past experience. If the American people
are to continue in the prosperity which
they have been enjoying the last four
years, it is by considering with serious
earnestness the data of such prosperity,
making thereon the one possible decision,
and expressing such decision with salu
tary emphasis at the polls this next No
vember.
The "Masses" the Foundation.
In the remarkable speech four years
ngo by which Mr. Bryan sprang into
fume and into the nomination for the
presidency, ho expressed the "Democrat
ic idea that if you make the masses pros
perous their prosperity will find its way
up and through every class and rest
upon it."
Literally Indeed has this general ex
pression of an old idea been fulfilled by
the Republican party under President
McKinley.
It is one thing to have a rather indefi
nite idea as to what a desirable result
would be. It is another thing to success
fully accomplish such a result.
Both the Republican and the Demo
cratic parties made their promises in
1896 to restore prosperity to the people.
The masses saw through the quackery of
the Democratic plan of being made pros
perous by the payment of wages in 48
cent dollars, so they turned down Bryan
and elected McKinley President.
Mr. McKinley had somewhat facetious
ly been termed "the advance agent of
prosperity." So soon as he was elected
Democratic organs got themselves ready
for sneering interrogatories of "Why
don't the show come?" It came, however,
with sach startling promptness as to pro
duce the bewilderment of despair among
the few whose own prosperity was de
pendent on anrestful despair among the
masses. The prosperity "show" was soon
found to be no humbug. The people had
Indeed not been deceived by the "advance
agent." They were soon getting more
than they had really dared to expect.
The Unlocking: of Money.
The first manifestation of the prosper
ity movement was the unlocking of vast
sums of money from hoarding, and the
placing of it on deposit at the banks. The
statements of banks during the autumn
and winter months of 1896-7 showed
heavy and steady increases in deposits.
There were also striking gain's in clear
ings indicating a greater rapidity in the
movements of money. While the first
Republican measure positively conducive
to the present prosperity was the Ding
ley tariff bill, which did not become a
law until July 24, 1897. yet general busi
ness waited not for its passage before
"discounting" the great improvement in
general conditions which it was obvi
ous would soon ensue.
When 1897 began the gloom of four
years of Democratic hard times was still
banging over the country, discouraging
enterprise and blighting such industries
as tried to exist. With the Inauguration
of President McKinley, the vast institu
tion of business credit, on which is vitally
dependent the industrial prosperity of all
classes of people, began at once to re
cover from the destructive effects of the
four years of panic-breeding silver agita
tion, and from the general loss of confi
dence cansed«ty the fiscal blunders of the
Cleveland administration.
The overwhelming defeat of Bryan the
preceding November had given the conn
try the idea thatfree silver was a "dead"
issue, and that the Democratic party
would not hare the Inconceivable temer
ity to revive It four years later, and in
cidentally Bryan, whose chief god waa
the silver idoL
The free trade policy of President
Cleveland had done harm in two ways.
Primarily It had resulted in the closing
of mills the country over, the driving ont
of employment of thousands of American
workmen, a general lowering of the
wages of those still kept at work, and
the loss of profitable markets to the farm
ers who supply the workmen's "dinner
pail."
Secondly, the Wilson law, though In
tended to be "a tariff for revenue only,"
was drawn up on. such grossly erroneous
fiscal estimates by Secretary Carlisle that
it even failed to produce the revenue nec
essary to pay the current expenses of the
Government.
Revenue Producing Protection.
The total deficiency caused by the four
years' operation of the Democratic tariff
law was $155,864,183. It was this lack
of revenue which forced President Cleve
land into the burdening of the country
with $262,330,602 of new debt. The only
way by which the Government could fully
pay its current expenses was by drawing
on its gold reserve. The only way by
which President Cleveland could enforce
his commendable resolve to protcct the
gold reserve, and thus prevent his admin
istration from going out with the conn-'
try hopelessly "busted" through free sil
ver, was by the Issuing of bonds.
The Dingley act was, as expected, a
success both as a revenue producing and
as a protective measure. Within a few
months from its passage all predictions
were verified, and the receipts for No
vember and December, 1897, and Janu
ary, February and March, 1898, exceeded
the monthly disbursements of the treas
ury.
The Circulation of Gold.
An interesting phenomenon noticeable
in 1S97 was the appearance of gold in
even the channels of common circulation.
Anybody who wanted gold coin, perhaps
for the novelty of seeing what had be
come a rare sight, could go to a bank
and exchange paper or silver for gold,
and find that the banker made the ex
change not reluctantly but very gladly.
Bryan had pointed to the apparent scar
city of gold coin, and to the difficulty that
had been attendant on keeping up the
gold reserve, as proof of his theory that
the volume of gold was too small to form
a sufficient basis for the money circula
tion of the country. But after Bryan
was given leisure to write up "The First
Battle," gold ceased to be scarce, for it
had come from hiding, and nobody es
pecially wanted it. Since doubt had been
so completely removed, and our own peo
pleas well as the whole world had been
given so thoroughly to know that all
kinds of American money were just as
good as gold, every bit, then-why should
gold be especially wanted when other
kinds of money were not only just aa
good, but-were more handy to carry?
The Full Dinner Pail.
In the autumn of 1897 there was an
enormous crop of .wheat in the United
States. Other years, however, have seen
bumper crops, but mighty poor prices and
no prosperity. Kansas has seen corn
through heavy crops become so cheap
that it waa used for fuel.
But in 1897 there was a demand for
wheat, corn and other grains. The "full
dinner pail" of the American workman
was becoming anew factor in the ratio of
demand to supply of farm products. The
mills were again being opened through
the passage of the Dingley bill. Capital
was becoming more aggressive In enter
prise and saw profits, not losses, in busi
.ness expansion.
With the American workingman in
such a position that his dinner pail had
to be filled first, the foreigner was put
into an excited, impatient, worrisome
mood. America, despite its enormous
crop, contrary to precedents, was not
selling liberally. Consequently prices
went booming upward. The average price
per bushel on the farm reached nearly 81
cents. In 1894 It had been 49 cents, in
1895 less than 51 cents, and in 1896 it
was 73 cents.
Foreign money and the money of the
populated centers of the East began pour
ing into the great agricultural area of
the Middle West.
The farmers who had been barely able
to keep the wolf from the door and pre
vent loss of mortgaged homesteads, now
felt themselves flushed with wealth. They
began to spend money for clothing, food,
farming tools, and to pay off their mort
gages. A great debtor class, to whom
Bryan had vainly hinted the saving that
could come to them by the cheating of
their creditors through 42-cent dollars,
fast became a creditor class. Accounts
were started at country banks,.and farm
ers who had been borrowers of money be
came lenders of money.
Of course this great prosperity of the
farmer began at once to Increase the
prosperity of the city laborer who had
furnished the initial cue given him
through the victory of the Republican
party. There are upwards of 8,500,000
farmers in the United States, as against
5,000,000 industrial workers.
Farmers Make Work for Wage Earner*
These 8,500,000 farmers made extraor
dinarily heavy buyers of what the 5,000,
000 industrial workers produced. As a
consequence great industries, which had
been stagnant under Democracy, became
active and profitable. In competition for
Jabot they were forced generally to raise
wages.
The enormons expansion in the value of
exports from the United States, from
$793,392,592 for the year ended June 30,
1895, to $1,394,186,371 for the year ended
June 30,1900,. constitutes one of the most
significant features of the prosperity
movement During the three years of
Republican rule the balance of trade
grew to be $1,483,537,094 favoring this
country.
This expansion deserves to be studded,
not only because of its plain showing of
millions and millions of dollars increased
wealth to this country during the last
four years, but also because of its in
structive relation to the many and di
verse political theories which have been
loose from time to time among the Amer
ican people, especially among some col
lege professors who in the seclusion of
their studies think too much, and know
by actual experience of the world too lit
tle, and by men like Bryan, who think
too little.
The free trade school of thought theor
izes on the equilibrium of international
exchanges. It reasons that if one nation
adopts a protective tariff, it will cut down
Imports, but that this will be balanced by
loss in volume of exports on the clear
enough principle that nations, like indi
viduals, cannot long continue to buy from
customers to whom they cannot sell.
If exports of merchandise do not fall
off with imports, the reasoning concludes,
then there must at least be a balancing
outward movement of gold which may
disorder home money markets. Some free
traders also indulge in tLe peculiar the
orizing that by hindering imports we hin
der property wealth from coming to us,
and that by not also hindering it from
being exported from us, we steadily grow
poorer.
Protection's Part in Prosperity.
The prosperity experience of the last
four years has shown that a protective
tariff, wisely applied, can without ques
tion be a means of enriching a great na
tion like our own. The passage of the
Dingley bill was the direct means of re
storing prosperity to a large number of
industries in this country, which, under
the Wilson law, could not compete In the
home markets with Europe. Given pro
tection in their home market, these indus
tries were enabled to pay attention to for
eign markets. The protected iron and
steel industry gained so vastly In power
and strength that it became the aston
ishing wonder and dread of the industrial
communities of the world. How Ameri
can engines became used on the railroads
of England because they were better,
cheaper and could be made quicker than
English built engines how an American
firm got the contract over English firms
for the Atbara bridge in the Soudan
how American air brakes, locomotives
and rails were almost exclusively order
ed for the great new railroad of Siberia,
were a few instances of many which sur
prised and dazed the whole industrial
world.
Luxuries from the Other Bide.
The prosperity that came to our work
ers in these protected industries was the
means of spreading prosperity to all home
workers, whether or not they belonged to
pursuits or callings of the kind which
needed to be protected.
Nor did so much prosperity at home
work to the harm of those other countries
which must continue prosperous, if they
are to continue to be our good customers.
While American exports this last year
were $1,394,186,371, the largest in our
history, and were more widely distributed
throughout the world than ever before,
yet in some directions there were great
increases in imports. Our imports of
manufacturers' materials this last year
were valued at $302,264,106, which Is
about 40 per cent greater than for any
preceding year in our history.
By being protected in his opportunities
to make at home the articles that ought
to be made at home, the American indus
trial worker has more than well utilized
and justified such opportunity given him.
He has done
hiB
work so increasingly well
the last four years that all the nations of
the world have become his customers.
The whole outside world, instead of sell
ing him the things he can just as well
make himself, now sells him the material
which his increased work requires and
which it is not worth his own busy while
to prepare, and the silks, the sating the
perfumes, the wines, the gloves, the jew
elry, the artistic fancy notions, the toys,
the tropical fruits, the tea, coffee, sugar,
spices, etc., which he could not very well
if ever afford to buy for himself wife and
children, before the Republican party
gave him prosperity.
PROSPERITY IN IDAHO.
Report of 8tate Bureau of Immigra
tion Labor Statistics Proves It.
"There are few, if any, States in the
Union where laboring men are better
treated, get better wages and have more
opportunities to acquire homes and se
cure a competence than in Idaho.
"The relations between laboring men
and their employers in this State are un
usually pleasant. With the single ex
ception of one county in the State there
have been no strikes for years in the
State and no labor troubles of any kind.''
In this county labor troubles are now
in a fair way of being satisfactorily set
tled. The mines are being worked by a
good set of men, who are paid from $3
to $5 per day, and every citizen is satis
fied with the conditions. In other parts
•of the State the relations between la
borers and their employers are harmoni
ous and pleasant.
"All labor organizations that are based
on law and order are welcomed not only
by the employers of labor, but by all
classes of citizens, and all such organiza
tions are in a flourishing condition. Near
ly all, if not all, of the labor unions have
a hospital fund and many of them have
halls where the meetings of the union are
held, while in- some instances there are
libraries in connection with the unions
that contain the best books on literary,
philosophical and scientific subjects. As
a class the laboring men of Idaho are
sober, industrious, frugal, well edncated
and intelligent."
Prosperity for Miners.
Coke, a product of coal, is used exclu
sively in manufacturing. Its consumption
is one of the best evidences of the pros
perity and increase of our manufactur
ing industries.
In the year 1899, under McKinley,
prosperity and "the opening of the fac
tories," was a great year for coke." More
new coke ovens were established than
ever before and the product was greater.
The price more than double, and even,
then the demand caused by the growth of
the iron and steel Industries of the coun
try could not be supplied. In 1894 coke
was selling at $1 per ton, early in 1900 it
touched $3 a ton.
1
PROSPERITY FOR ZINC MINERS.
Four Tears of McKinley and Protec
tion Have Enriched Missouri.
McKinley prosperity and the protective
tariff on zinc and lead ores haye, in four
years, added millions of wealth to Mis
souri and Kansas. They have made a
comparatively little strip of territory in
southwest Missouri and southeast Kansas
the greatest zinc mining section in the
world, producing seven-eighths of the
American zinc ore and about one-fourth
of the entire world's supply.
For years this district, which centers
about"Voplin, Mo., and Galena, Kan.,
consisted of several little mining camps
struggling along and yielding very little
product. Mining was done in a crude
and primitive way, and lack of capital to
operate in a manner befitting a country
so bountifully blessed by nature was a
check to development and a barrier to
progress.
Three years ngo a change began. The
factories of the East, which had been
alarmed over the Wilson bill and shut
down their plants entirely or in part, had
their confidence restored and resumed
operations to their full capacity. This
created a demand for more zinc, which is
used extensively In many industries. New
uses for zinc for various purposes were
constantly being found, and additional de
mands for zinc ore were thereby created.
As a consequence, the attention of
Eastern and foreign capital became at
tracted to America's great undeveloped
zinc fields, whose only need was financial
aid. Money, which had been tied up by
cautious capitalists, sought investment.
Wonderful were the changes wrought.
Mines, mining leases and mineral lands
doubled and quadrupled in value, crude
and antiquated methods of mining gave
way to modern methods. The old hand
windlass and horse hoisterwere supplant
ed by modern machinery. Old abandoned
mines which had been left with their tim
bers to rot and tools to rust were opened
up again and new mining camps sprang
up all over the district. An era of pros
perity had dawned and the increased de
mand for zinc had advanced the price to
a point undreamed of four years before.
The following table is concise history:
Windfall to Railroad Labor.
For the fiscal year ended June 30,
1899, gross railroad receipts were larger
by $266,149,623 than for tbe year ended
June 30,1895. Such increase mostly rep
resents larger dividends (in the form of
increased wages) to labor. Similarly
there was a gain over 1895 of $28,858,
458 in net earnings. This has gone part
ly into the strengthening of cash ac
counts, but the greater part of it into
increased dividends to stockholders. It
must not be forgotten in this connection
that railroad securities are owned very
largely by people of all classes. They
are recommended to widows for safe in
vestment. They form the basis, next to
government bonds, ftJr the investments of
insurance companies, and for the trust
funds of charitable and philanthropic in
stitutions.
In 1898 there wns paid in compensation
to employes of railroads the total sum of
$495,055,610, as against $445,508,261 in
1895, again of $49,547,357. When in ad
dition we consider the increased wages
indirectly paid in new construction of
track and bridges, in new cars, etc., which
absorbed the grenter part of the increases
in gross earnings, it will be more evident
what a windfall just one year of pros
perity has been to the people who work
on the railroads.
The number of new miles of road built
during the year ended June 30, 1899, was
4,500, as against only 1,650 for the cor
responding period ended in 1895. Of
course this is significant, not merely be
cause it has meant increased work and
more money paid in wages, but because
it increased the facilities of commerce,
and because it made it that much easier
for the farmer to get his products into
the city to fill the dinner pail of the city
workman.
Prosperity on the Pacific.
Secretary of Agriculture Wilson, in an
interview the other day, said:
"Anything produced in the United
States will now permanently find its way
into all parts of the celestial empire. Our
trade relations' there in the future are
secured." The trade in cotton goods has
been very heavy in Manchuria and other
northern provinces. Our interests gener
ally, our dairy, poultry and other products
from the farms of the United States,
now have assurance of permanent mar
kets in all the provinces throughout the
Chinese Empire where snch things are in
demand, and this demand is growing and
will continue to grow.
"The work of Secretary Hay in this
regard supplements and compliments the
work of our army and navy. A year ago
no nation would have listened to a propo
sition of this kind (the open door policy),
but the whole world listens to the United
States now. The 'white man's burden'
came with the islands. Secretary Hay's
work brings the reward for lifting the
burden. Some idea of the vastness of
tke interests Involved may be gained from
./X
ZIJ^C IN MISSOURI.
Quantity Average price
produced paid per Total
Tear. in tons. ton at mine. valne.
189
0 100,248 $22.51 $2,230., 583
189
1 128,752 21.60 2,6:3,053
1802 131,488 21.76 2,862,470
1893 108,591 20.57 2,245,023
1894 89,150 15.00 1,337,910
1895...101,294 16.S0 1.707,065
189
6 92,754 19.75 1,831.856
1897 93,148 19.62 1,706,947
189
8 139,668 20.96 2,927,321
189
9 181,430 32.93 5,974,024
A few of the above figures are particu
larly instructive. In 1892, at the close of
the Harrison administration, the .Toplin
zinc field produced 131,488 tons, the av
erage price of which at the mine was
$21.76 per ton and the total value of
which was $2,864,475. In 1894, under
the Wilson bill depression, the produc
tion of this same field had fallen to 89,150
tons, with an average price at the mine
of $15 per ton. a total value of $1,337,910.
l'n 1898 the quickening influence of Mc
Kinley prosperity was fairly under way,
the production rose to 139,668 tons, with
an average price at the mine of $20.96
per ton and a total value of $2,927,321.
Last year, 1899, the full tide of prosper
ity promised by the Republican party
was flowing in on the Joplin nnd Kansas
district and the production reached high
water mark in 181,430 tons, with an av
erage value at the mines of $32.93 per
ton and a total value of $5,974,624, or
over four times as much as it was in
1894. The year 1900 figures, when all in,
will show a still further increase. Yet
it is probable that the. Missouri section
of this prosperous region will utterly ig
nore this wonderful object lesson and
vote for Bryan, free trade and rotten
money. Vote to again close up the fac
tories and bring disaster to their country.
the fact that while ten years ago our
exports from the Pacific coast to all coun
tries aggregated $26,000,000 and five
years ago $42,000,000, the steady increase
in Pacific coast exports has raised the
aggregate to $78,000,000 a year ago."
Prosperity Dividends to Formers.
Last year's prosperity dividends paid
by the Republican party to the farmers
of the United States amounted to up
wards of one billion dollars. The value
of ten staple crops showed for 1899 a to
tal increased value of $323,000,000 over
1895. Add to this increase an advance
of $633,000,000 during the same period in
the value of live stock, and the balance
sheet shows disbursements of a round
billion. This does not include the special
profits from better prices for fruit, but
ter, cheese, eggs, vegetables and lastly,
but not leastly, wool. Following are
comparisons of values of the principal
crops:
1895. 1899.
Crop. Total value. Total value.
Corn $544,985,534 $629,210,110
Wheat 237,938,998 3l!),il.14,2liU
Oats 163,055,068 198.167,975
Kye 11,964,826 12,214,118
Barley 29,312.413 211..", 114,254
Potatoes 78.984,901 89.328,832
Cottou 260,838,096 832,000,000
Hay 393,185,6i5 411,926.187
Tobacco 35,574,220 43,000,000
Klax 12,000,000 24,000,000
Total $1,767,939,671 $2.09),U«),735
Prosperity Anions Miners.
The prosperity of the American miner
the last four years has been remarkable.
The activity of the mills and of the rail
roads has boomed the price of coal, cop
per, zinc nnd other metals. These have
yielded far better returns in wages to
those "who go a thousand feet into the
earth," than they would have done had
Mr. Bryan been elected President in 1S96.
The opening up of the mints to the free
coinage of silver would never liuve really
boomed the price of silver, for the silver
of the whole world would have poured
into America, the nations of the earth
being only too glad for us to pull their
chestnuts out of the fire for them.
In the mining of gold in a gold stand
ard country, miners have profited far
more than they would have ever profited
by the mining of silver in a silver stand
ard country. The lone, poor prospector,
nnd the "grub staker" have had a chance
to "come in" on the production of gold,
whereas silver mining has always been
under the control of wealthy syndicates,
nnd of individuals like Mr. Clark of Mon
tana, whose wealth enabled him to buy
a Democratic Legislature to elect him
Senator, and to contribute $100,000 to
the present fund to elect Bryan Presi
dent.
Stoi'y of the Clearings.
The best gauge of the volume of busi
ness of the country is the bank clearing
statistics. T[iey prove, as no other fig
ures can, the trade movement. Never in
the history of the country have they
shown such a vast aggregate of business,
such an immense increase as during the
years of the McKinley administration.
The following figures are from Brad
street's and are accepted as official. The
comparison is made with the year 1894,.
as that is the year the Democratic |ol
icy of handling the finances of the coun
try was in full sway.
The grand total of the bank clearings
of the United States, as given by Brad
street's, for the first six months of 1894,
were $22,OSS,071,196. For the first six
months of 1900 they were $42,857,201,
31G, an increase of $20,772,130,120. For
the month of June. 1894, the grand total
was $3,576,315,339. For the month of
June, 1900, it was $6,021,068,707, an in
crease of $3,044,753,468.
Better Prices for Farmers.
The following table shows the current
market price of different staple crops on
June 1, 1S00, and June 1. 1900:
June 1, June 1, Adv.
Farm products 181KJ. 1000. p. C.
Corn fO.27% $0.37% 37
Wheat .57 .04% 13
Oats •17% .21% 23
Rye .3V 51
Barley .. .28 .40 43
Potatoes ..... .28 ,40 43
Hay 0.25 11.50 24
Flaxseed .82 1.80 110
Butter .14% .18 2tt
Cheese
.i
.««% .0*% 20
Live bogs .... 3.25 5.12% 58
Lire cattle ... 3.5
5 4.32% 22
Sheep 3.25 4.07% 53
Clovcrseed ... 7.40 7.50 1
Cotton .07% .00 20
Wool .iu% .20 7«
Broom corn .. 32.oO 180.00 454
Hops .07 .12 72
Millet seed ... .80 1.2 50
Eggs .00% .10% 8
Corn, Cattle nnd Contentment.
"Gentlemen," shouted an orntor in
Kansas in 1899, "from the beginning of
Indiana to the end of Nebraska there is
nothing but corn, cattle and content
ment."
And he added a little later: "The joyful
sound of the mortgagor paying off his in
debtedness has even pierced the dense
ears of the. money changers of the East."
Nothing can exceed the breezy joy, the
piano and top-buggy buying enthusiasm
of the Kansan in the year of his pros
perity under the gold standard.
Clears Smoke 1 Over Prosperity.
Probably nothing demonstrates prosper
ity more clearly than the consumption of
cigars.
W. C. Hollister of Chicago, who prints
the blue labels for the Cigarmakers' In
ternational Union and is required to make
affidavit to the number turned out, has
made the following report to President
G. W. Perkins of the union of the labels
printed during recent years: 1895, 47,
815,000 1896, 46,440,000 1897, 46,540,
500 189S, 40,609,200 1899, 55,140,000.
During the first six months of 1900 the
number jumped to 30,855,000. Men can
not afford to buy cigars unless they are
prosperous and earning good wages.
Money Earned and Spent.
In 1899 the savings banks deposits of
the United States advanced to $2,230,
360,954. That brought them up to more
than the combined savings banks depos
its of any two other nations in the world
and to half the deposits of Austria, Hun
gary, Bavaria, Belgium, Denmark,
France, Italy, the Netherlands, Norway,
Prussia, Sweden, Switzerland, the United
Kingdom, Australasia, Canada, Cape
Colony. India, Natal and the Crown colo
nies all put together, their combined de
posits being, in 1899, but $4,593,949,450.
Nebraska's Prosperity.
Tbe Secretary of State of Nebraska has
compiled a list showing that the excess
of mortgages paid off and released during
1898 over those filed for the same period
amounted to more than $50,000,000. The
most of these were paid in cash,
the foreclosures were comparatively few.
It will be hard for Mr. Bryan to con
vince the farmers of his own State that
they are not prosperous.
•A
..'J
l)fiit|i|H 'liVipsij"
i*1 'im rniyn' im MI 11' i^iiapBMjwttiatiP^aagigffWfa^gawg^agsgt^ wmMMMMaagMMMMMNfeMH
1^
r.
PROSPERITY AND GLORY.
AIiv-Marchlng Through Georgia.
McKinley and Roosevelt, men of goldeB
deeds,
Hen whose loyal energy now the nation
needs
Men whose resolution all the world united
heeds,
Bringing prosperity and glory!
CHORDS.
Hurrah! Hurrah! In honor we are bound.
Hurrah! Hurrah! Our money all is
sound
Honest golden dollars ringing all the world
around,
Bringing prosperity and glory!
Builders In onr history, men of real worth.
Men whose names are honored over all the
teeming earth
E'en among the bravest since the nation had
Its birtb.
Bringing prosperity and glory!
Hold to truth and justice, to Integrity and
right.
Hold to fearless principles, to honest dol
lars bright
Hold your country's credit ever spotless
with your might,
Bringing prosperity and glory!
Keep the fruits of victory stainless wer
lnore.
Keep yoftr banners flying on Manila's dis
tant sbore
Keep our noble President within the White
House door.
Bringing prosperity and glory!
Cherish deeds of valor wreathed in mem
ories sublime,
Cherish grand achievements wrought In
Oriental clime:
Cherish honest duty calling now's the
golden time,
Bringing prosperity and glory!
Iu 1899 the American Federation of
Labor mfet nt Detroit. There were 189
delegates present, 55 national trades un
ions, 65 local trade unions, 31 central
unions and five State branches. The re
ceipts were $36,757.13, nnd the expendi
tures $30,599.22".
Surely labor prospers when the mem
bers of this great organized body can
contribute to the cause, as shown by the
above receipts, over $16,000 more in 1899
than they did in 1893, and several thou
sands more than double what they did in
each of the years 1893, 1894 and 1895.
Under date of Aug. 9, 1900, Mr. Gomp
ers stated the number of independent
unions to be 1,154, city central unions
191, State branches 14.
It is evident from these figures that
when the American Federation of Labor
meets in December next there will be a
showing of progress made and increase
of membership, nil accomplished under
labor's prosperous conditions, such as no
labor organization has ever before made.
Larger Exports of Farm Products.
The agricultural reports show that our
sale of agricultural products abroad dur
ing the past three years, 1897-1899, were
more than $500,000,000 greater than in
the preceding three years, 1894-1896.
Exports of butter were worth, in 1895,
$915,533 in 181)9, $3,263,951.
There were 425,352,187 pounds of ba
con exported in 1896 and 502,651,480
pounds in 1899. This was an inc.ease of
137,000,000 pounds.
The following are some interesting com
parative wool prices, furnished by a
prominent Boston commission house:
JANUARY.
Iear. Flue. Medium. Course.
18»5 17% 20 10
1MW 19 21% 19
189
7 19 21 19
1898 29 80 26
189
9 26% 29 24
190
0 35 86 29
During Harrison's administration there
was an approximate gain of $154,000,000
in the value of live stock. During Cleve
land's administration there was an ap
proximate loss of $820,000,000. During
the first three years of McKinley's ad
ministration an approximate gain of
$557,000,000.
Adlai Stevenson's Prosperity.
The city of Bioomington, HI., which is
the home of the Democratic vice-presiden
tial candidate, Adlai E. Stevenson, but
recently sold its bonds on a basis which
makes the interest paid by the city on
the loan only 3.40 per cent. This rate
is lower than any municipality in the
United States couM get in 1890.
As a citizen of Bioomington, Mr. Ste
venson will be able to save some money
in taxes, because of the good credit and
prosperity that has come to his town as
a share in the beneficial results of Re
publican policies during the last four
years. The remarkable appreciation in
the credits of American municipalities
since McKinley's election in 1896, mean
ing great savings to taxpayers, has been
one of the most interesting features of
the great prosperity that has come to the
people of this country.
No Boom for Calamity Howling.
Large sums of money arc being offered
in the financial columns of the Chicago
daily papers.to loan at 3V6 per cent on
city property, 4% per cent on farm prop
erty. When money is offered at these
rates it behooves the calamity howlers
to take a back seat. Such Interest rates
Indicate such prosperous times as the
conntry has never seen before.
Men Wanted in the Mills.
Many manufacturers of woolen and
cotton goods In Connecticut state that
lots of looms are idle because men to
work them cannot be found. Wages have
advanced in cotton mills from 12 to 20
per cent.
£17 7-! ^,
C. 1'. R.
PROSPERITY FOR WAGE-EARNERS
Proven by the History of the Americun
Federation of Labor.
That the laboring men of the country
are in a more prosperous condition than
ever known before is proven beyond auy
chance of contradiction by the statistics
of the American Federation of Labor,
sent out over the signature of the presi
dent, Mr. Samuel Gompers, w'ho is a
Democrat.
We compare tbe disastrous years of the
Wilson bill and Democratic rule—1893,
1894 and 1895—with 1899, under Mc
Kinley and prosperity.
In 1893 the American Federation of
Labor met at Chicago. There were 115
delegates present, 38 national trade un
ions represented, 18 local trade unions,
15 city central unions and one State
branch. The receipts for the year were
$20,864.62, and the expenditures $21,383.
In 1894 the American Federation of
Labor met at Denver'. Colo. There were
77 delegates present, 30 national trade
unions represented, 12 local trade unions,
11 city central unions and three State
branches. The receipts for the vear were
$15,346.43, and the expenditures $17,
302.08.
In 1895 the American Federation of
Labor met at New York City. There
were 96 delegates present, 34 national
trade unions represented. 23 local trade
unions, 15 city central unions and three
State branches. The receipts were $13,
751.75, nnd the expenditures $15,612.42.
•?r-
'je
to
$5.00
$7.00
$7.00
$7.00
$7.00
$7,50
$7.50
ite Points.
II on agent*
EPPE,
P.iT.Asfc
ert
a package
It is only
fit in boil
The result
ideal des
lon, straw
rry and the
wine am}
JLDIERS'
IRS-
3
is we
.•.,*2'
jfryA
":-S-

xml | txt