Wheat Prices and Politics in 1888 Wooster Market
On July 27 1888 wheat in the Wooster market quoted by J Frick & Co stood at 85 cents per bushel with wool at 20 and 26 cents per pound Cleveland then held the presidency in his fourth year There was no Sherman Silver Law nor McKinley Tariff Banks were stable The Republicans demanded change and elected Harrison bringing those laws which later caused low wheat and wool prices factory closures wage reductions and bank failures cited as ongoing consequences At bottom Tutt s pills touted as pure healing remedy.
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Political fears and party blame in the 1890s crisis echoes
The Chicago Herald commentary argues that Republicans inflated fears over a Democratic win, linking financial panics to Republican policies. It cites crises in 1873 and 1893, defends Cleveland's era, condemns scorers of alarm as partisans, and frames panic as party politics aimed at personal ends.
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