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Newspaper
Mitchell Capital
Location
Mitchell, South Dakota, United States of America
Date
Oct 08, 1897
Page
6
An essay contrasts the old life of farm lads to city seekers, noting early rising, hard labor, and dusty toil. It then describes a future where machinery, steam power, and automation liberate farmers from labor, enabling gentler living, home commerce by wire, and a shift toward landholding status.
The Indianapolis Journal notes the Springfield Ohio 16 to 1 camp meeting failed amid low attendance and absent speakers. It cites Bryan Towne Warner and other figures as unused assets while admitting ten cent admissions did not cover costs. A second column mocks Bryans wheat vs money allegory and rebuts the charge that the Republicans burned money.
The piece calls for immediate vigorous prosecution of all involved in the Hogansville incident and urges the administration to resist boycotts of colored officeholders in the South. It argues federal supremacy and protection for qualified postmasters against attempts to draw color lines.
A Charlotte dispatch reports an Illinois company offers flat cotton ties at 70 cents per bundle wholesale in carload lots and 75 cents retail, with several carloads already ordered for the region. The note recalls last year’s $1.50 retail and wholesale price.
The piece contrasts German law and free list cotton ties with wholesale prices 1.35 per bundle versus 0.70 under the Dingley tariff. It argues tariffs counter a "free trade" claim, saying a cotton tie trust collapsed under protection and accusing free trade rhetoric of fostering trusts.
San Francisco Post argues Mexico’s silver standard shows severe price inflation hurts workers and lowers imports, warning free coinage in the United States would ruin the laboring masses. It claims wages lag as prices rise and urges opponents of Bryan to reconsider policy.
A Kalamazoo Telegraph report notes railroads like the Chicago Milwaukee and St. Paul need five thousand freight cars from Southern roads to meet grain and merchandise traffic. The shortage affects the Northwestern Burlington Rock Island Atchison and others as they struggle to move orders. The piece argues that increasing freight car supply is the remedy more than monetary expansion.
The author notes Democrats previously blamed European money power for gold standard adoption and now may blame the money power for global crop failures. He likens such charges to attributing Argentine harvest destruction by grasshoppers to the money power, arguing it is as unfounded as political influence over a nation’s currency decision.
The article notes large wheat production and rising domestic use. It estimates about 200 million bushels available for export, equating to roughly 200 million golden dollars to be distributed among farmers as export proceeds.
Mulhall argues prairie states are the most prosperous region, undermining last year’s silver advocates and their push for cheap money as a path to further prosperity.
The writer argues that nations opposing a new tariff have not acted on their threats. They now see the trade balance favors them and cannot afford to execute those threats.
The piece notes three anti Republican conventions in Nebraska renewed calls for free silver to have an issue. It flags the Democratic tariff theory and other dispersed Democratic positions as too unpopular to reissue.
The Bureau of Engraving and Printing sits at B and Fourteenth streets southwest with a 200 by 185 foot pressed brick, fireproof building. Its north facade shows a basement and three stories with a belfry tower 180 feet high, while the south facade overlooks the river and features artistic chimneys. The west wall resists acid fumes from hardening rooms, and the 100 foot boiler-stack rises behind. The plate vault, guarded by watchmen, holds all engraved government plates. All greenbacks and bonds printed directly by the Government are produced here.
The Albany Journal notes Senator Jones of Arkansas, a party boss, shifting positions to influence New York Democrats. A letter urges loyal Democrats to seize state control while signaling differing stances on the Chicago platform, provoking Bryanite ire and highlighting South dominance in the party.
Reports show Russia exported only about 6 percent of 1896 levels, totaling 148 million bushels in eight months. With severe crop shortages, Russia likely limits exports, leaving India Australia and Argentina minimal supply and the United States as a major world grain source. The trend supports the view that wheat prices hinge on supply and demand, not silver use.
Records from the New York postoffice show about ten thousand more domestic money orders paid at the general office in the first two weeks of August this year versus last year. The increase suggests many residents now paying merchants in New York, signaling a shift toward broader prosperity for free traders nationwide.
In a discussion on political strategy the article notes farmers are paying mortgages under pressure from foreclosure threats. It contrasts claims by Popocrats and Mr Bryan about working men’s loyalties and fears of dismissal. The piece connects mortgage payments to intimidation dynamics in the 19th century political scene.
The Democratic State Committee of New York refuses to revive the free silver coinage issue for use in the state. The move underscores broader debates on monetary policy and signals party divisions during the period.
The article argues the state Democratic committee acted without authority to write a platform and by inaction signaled a campaign aligned with silence. It contends Chairman Jones and Senator Murphy offered excuses, but the result was a neutral stance that ignores Chicago Democratic faith from the prior year.
Governor states at semiannual meeting that the bank could hold one fifth of its note reserve in silver if the French mint reopens to free coinage and if silver’s price remains satisfactory. He notes the bank has bought no silver and has only agreed to act within legal limits.
Senators Cannon and Pettigrew travel in Japan to press the silver cause and urge the emperor to resist gold standard moves. The roaming advocates aim to rally support while many have mining interests and hope to profit from depreciated silver.
The piece notes no public anxiety over Pettigrew and Mantle meeting the Mikado of Japan to discuss silver demonetization. It cites the mint report showing the yen falling from 75.3 cents in 1887 to 47.8 by 1897 while the gold yen stayed at 99.7, implying understanding of the issue. The Iowa Democracy and Gov Boies section reports the Boies coalition being ostracized and Horace Boies pushed toward free coinage at 16 to 1, later silenced by party leaders.
Free trade supporters once argued the McKinley tariff would prevent America from making tin plate. Now the bulk of tin plate is produced domestically and U S manufacturers are even entering foreign markets.
An Ohio man who once forced free silver onto the Democratic party shows regret as the policy lingers. He faces the consequence of his actions and cannot easily undo the political shift he helped create.
The Kansas City Journal condemns W. J. Bryan for switching from denying law of supply and demand to blaming government policy for rising prices. It accuses him of impertinence and effrontery in reversing both his and the public’s positions from a year ago.
The piece argues that protection enables trusts to thrive and raise prices while free trade paralyzes business, citing the cotton tie trust which lowered bundles from $1.35 to 50 cents. It contends free traders should abandon claims that tariffs foster trusts as facts contradict the accusation.
The text compares present conditions with Cleveland's last term noting four years ago a low tariff risked factory closures and bank failures. Now many workers gainful employment, railroads expand with new cars, banks show higher deposits and clearings, and factories operate with busy production nationwide.
The piece argues England dominates shipping and the US lags in vessel tonnage. It cites last year's Great Britain launched over 2 million tons vs the US under one-fifth, urging the United States to defend its merchant marine and challenge Britain's carry trade and market supremacy.
The South shows growing protective sentiment with Senator McLaurin's election in South Carolina. The New York Sun notes increasing Republicanism in the region, predicting it will become an important factor for the party ahead.
Advices from Mexico show statesmen urge steps toward the gold standard. Ex-Candidate Bryan in the New York World questions free coinage while wheat and wood prices rise. The Dingley tariff, coal wages, and silver values are debated as farmers face changing prices. President McKinley praises soldiers at Buffalo.
The Exchange notes farmers receive two and a half times the promised 1 dollar per bushel under free coinage. They warned that silver dollars were uncertain in value, while current payments are 40 cents more secure under standard 100 cent dollars.
A ten month fall of 20 per cent in a money metal prompts fears of unsafety as money. Silver dropped from 654 a half cents per ounce in New York on November 8 1896 to 5 1/2 cents today.
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