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This newspaper page contains 21 articles. Subscribers can read the full text of each article.
Newspaper
Chehalis Bee
Location
Chehalis, Washington, United States of America
Date
Oct 29, 1897
Page
6
The piece argues that prosperity spreads despite calamity talk, noting rising prices and activity in wheat, wool, leather, and other goods. It cites Bradstreet's data, wage gains, debt payoffs by Kansas farmers, and a national wealth rise, urging confidence in the economy under tariff policy and the gold standard.
Kansas Bank Commissioner J W Breidenthal, once a Bryanite who blamed doom on free coinage, now praises current conditions. He notes a bumper wheat crop, rising prices, abundant cattle, and a rosy outlook for farmers as Kansas enjoys unexpected luck and strong finances.
In a Cleveland Leader reflection, sober silverites question claims that foreign famine and harvest failures drive U.S. price spikes. The piece argues the explanation is too complex for voters and ignores price rises in hides, leather, iron, wool, lambs, butter, cheese, cotton, and lumber, challenging simplistic famine theory.
The piece argues there has been no foreign cotton shortage and highlights a $30 million gain on a $300 million crop, with the crop valued $25 million above its best five-year level. It cites figures from the New Orleans Cotton Exchange secretary Hester and contrasts prosperity with famine fears in wheat.
The Memphis Scimiter reports that Southern wining and manufacturing enterprises finished the season strong. Reliable sources say most firms remained prosperous while other regions lagged. Growth traced to proximity to raw materials and favorable climate, with cotton manufacturing showing notable expansion and for the first time Southern mills consumed over one million bales.
The text notes a swift post tariff boom defeating Democratic claims of slow progress. It credits price rises in various properties, with wheat shortages in other countries cited by Bryan, but emphasizes a broad, healthy price advance across assets rather than a single cause.
The article notes a 12 percent rise in pig iron output within about a month after the tariff, with weekly production increasing from 160000 tons to 170000 then to 164000 amid stock concerns, and finally rising further in August to set a record for September aside from 1895. It argues iron production mirrors broader prosperity and demand for rails, machinery, ships, and building materials.
The article notes broad economic improvement with higher bank lending and more hiring. It cites a 45.6 percent rise in weekly bank clearings nationwide and a 43.2 percent gain in Minneapolis, suggesting the revival will soon be felt locally despite some residents not yet perceiving change.
The piece argues the tariff increases, not just wheat, drove rising farm prices. It cites corn, oats, rye, pork, butter, cheese, hops, hides, potatoes, and lambs as stronger values since the Dingley law. It claims tariff protection boosted employment and farmer prosperity.
Dun's review proclaims no halting in the business revival with steady production gains and a growing workforce. New York reports show prices rising for wheat and more than a hundred staple goods amid strong demand for manufactured products across sectors.
The article notes farmers rapidly reclaim eighty million dollars they claim to have lost in sheep values due to free trade policies. It highlights the financial impact on agricultural producers and the push for compensation or policy adjustment.
The Omaha Bee reports that William Jennings Bryan accepted railroad passes from the Southern Pacific and engaged in deadheading on the Wa bash line. It notes his denial followed by a claim of World-Herald stock ownership and questions the legality and ethics of free transportation for a public figure claiming anti monopoly credentials.
In Atchison Mr. Bryan faces scrutiny over his shifting claims on dollar value. The speech contrasts his 1873 dollar figures with current figures, arguing that money supply rose while prices lagged, challenging the law of supply and demand as the determinant of the dollar’s value.
A New Orleans Picayune opinion column denounces Debs and Social Democracy as un American. It claims wealth worship defines class, praises harsh stance against reformers, and argues government should not curb their excesses.
The Illinois Federation of Labor re adopts labor plank demanding free coinage of silver at 16 to 1. Advocates fail to show how labor benefits. Critics warn free coinage would cut the value of labor’s $80 million in building and loan investments and hit workers hard with a large gold value loan base cited as $2.645 billion.
The Chicago Tribune notes a 60 percent depreciation scenario under free coinage at 16 to 1 would cost depositors about 15.3 million. It argues adverse effects on building and loan investments and explains that worse money standards slow labor wage adjustments while prices rise faster than wages.
The article critiques Director Preston’s table comparing silver and gold yen values in Japan over the past decade. It argues the figures show why silver demonetization and wheat prices rose, suggesting the cause lies in monetary policy and market forces rather than patriotic actions.
A St Louis dispatch notes Rhode Island’s mill industry improving after five years of struggle. Lonsdale millwork resumes full operation with 5,000 workers. Woonsocket wages restored to 1893 levels, a 7 percent gain. New mills planned for Olneyville and a Blackstone plant to reopen under a new company. Prosperity seen as a direct result of the Dingley tariff law.
The piece surveys Bryan, McLean, and Bland along with Populists and Democrats debating silver, free coinage, and market prices. It notes rising wheat and wool, mortgage payoffs in Kansas, large British purchases of American wheat, and shifting tariff and money theories affecting the 1900 political outlook.
Special Washington correspondence notes Secretary Wilson of Agriculture argues for domestic beet sugar and camphor production to save 100 million dollars, reduce imports, and diversify Southern crops. He cites beet profitability, bounty effects, and the potential for Florida camphor groves and nationwide refinery expansion.
Postmaster General Gary, after study, favors establishing postal savings banks. He will advocate the measure during his tenure and plans to present a formal scheme in a report to the President for the next Congress session.
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