Democratic Sentinel, Volume 13, Number 39, Rensselaer, Jasper County, 18 October 1889 — Page 8
VOORHEES’ SPEECH
(From Ist Page.) FARM VALUES.
A Heavy Decline and the Causes Leading Thereto. “There has been a heavy decline. Farm property is from 25 to 50 per cent, cheaper today than it then was.” This is a very startling statement, coming from such a source, and I commend it to a wide reading at this time Ohio is no stranger to the tariff but has extensive interests for it to operate on. It would seem, however,that if anybody has been benefited there, farmers, on the contrary, have been sorely victimized and comparatively destroyed. But this is not all with the farmers of Ohio. Their rich and exceedingly productive lands have not only been diminishing in value, but they have been forced to mortgage them to an alarming extent. The official reports of that misled and usually wrong-voting state show that her real estate is under mortgages for many millions of dollars, the greater portion of which is owing to foreign loan associations for money borrowed with which to pay home debts, hold onto their farms and cultivate them You know what this means. No farmer can pay from 5 to 10 per cent, on borrowed money of any considerable am’t and for any considerable length of time, out of the proceeds of his farm. Sooner or later there will be a foreclosure and a sale, and the farm goes. It will be swollowed up and digested in the maw of tne money power—a maw as merciless, as insatiate and as unimpeasable as the maw of death itself. Turn to the state of Micnigan. Within the last twelve months the Hon. Wm.L. Wilson, a member of congress from the Harper's Ferry district of West Virginia, and a gentleman of ability, learning and eloquence, made the following statement on the floor of the house m regard to the condition of that state. “I do not wish to make any statement that is not sustained bj the facts, and so I have obtained the last report of ths labor bureau of the state of Michigan, which covers an in-vestig-ition into the mortgages on Michigan farms,Band which iresents some striking figures :: stand here to-day to say that I have not, the. slightest doubt ;hat the Michigan farmer is as in lustrious, as hardworking as intelligent as the farmer in any other section of the country, and yet this official volume shows that 47 per cent of the farm lands of Michigan are covered by mortgages, and that the mortgages are 46 per cent, of the assessed valuation of the farms mortgaged Compare the condition of the unprotected Michigan farmer with the condition of the protected owner of copper mines in Michigan, the latter piling up dividend upon dividend, million upon million, out of the privilege granted him by congress to tax the people of this country, while ine farmer is working early and delving late and piling up mortgage after mortgage upon his estate The farmers have neither the time nor the money to come here and besiege congress about these matters. They are chained to their plows, to their daily labor. They cannot come here to look after their own interests, but |the owners of copper mines and other industries that are protected and subsidized are here at all times in your lobbies, urging measures for their own benefit.” # < This appalling disclosure was made in the presence of the delegates in congress from Michigan, and met with not a word of denial. How iong a people, born free, and with Anglo-Saxon blood in their veins, will submit to mortgage o ue-half their farm lands, for Tactically their full value, in I it 1 ■■l r SjiWa* ' ■
order to pay taxes to manufacturer of from 35 to over 160 per cent, on all they are compelled to purchase and con sume in their daily lives, is a problem I remit to the near and swift-approaching future. This side of the serfs oi Russia, of the down trodden and plundered tenantry of Ireland there is no other such enslave ment of the tillers of the soil on the face of the civilized globe as exists in these United States. I might point to our adjoining sister state, Illinois, that empire of agricultural and commercial wealth, and dwell upon the condition of her farmers and farm lands. We would there behold the same mountain range s of mortgage indebtedness, reaching from Cook county to Cairo, and from the Wabash to the Mississippi, covering more than one half of the abodes of her inhabitants. I have the official report from her labor bureau for 1888, Its details are an overwhelming proof of the fatal tendencies of the times. In our own state, the splendid state of Indiana, I appeal to the records of every county within her borders. Uiey disclose a more cruel oppies sion of debt upon the farming intersts, and more mortgaged securities to foreign loan associations, than ever existed in our history before. Indeed, the condition of all the west - ern states at this time is sub sta'itially the same. They stand as a perpetual and enduring refutation of tne stupendous falsehood that the farmer is protected, encouraged, and assisted by our wretched system of tariff leg islation.
“11l farce the land to hastening Ulb a prey, Where we Ith accumulates and farms decay ”
MINES AND FACTORIES. How They Are Being Ruined By the Tariff.
But leaving the farming industries at this point and for the present, what is to be said in, regard to the mines, the lac-' tories, the workshops, the wage-workers? In view of the distressful and appalling con dition of the wage-workers of tl e United States at this time, the man who would say that the tariff was a protection to them would claim that smallpox induced health,and piracy as a profession, promoted Christianity. Wherein lies their protection? They are
THE MASCOT CIGAR! ZS FON. XJLE EVERYWHERE!! Manufactured and Warranted by AL. BRYER, Rensselaer. Ind. M/My ii Botica fa. ill of Prices. W. —DEALER IN—CJKEi WILLIAMS-STOCKTON BLOCK, Thibd Door West of Makeeveb House, Rensbelae, Indr
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not protected in their contracts by any tariff law; they are not protected in their employments or in their wages. The employer is left to deal with them with all the superior power and commanding force which wealth gives over poverty and dependence.— vVere. the wage-workers of Illinois, who have been destitute and turbulent, as tute people will always be, protected during the last six or twelve months? Was the poor woman at Braidwood, whose twin babies died at her breast for want of nourishment, she herself in a starving condition, protected as a wage worker’s wife? Were the wage-workers of that haughty steel baron, Carnegie, with his income of millions a year, protected when he announced to them a reduction of their wages of 15 per cent, hen they entered their protest
(Continued on 4thpage )
J. E. Spitler, at the P. O. book store takes,subscriptions for standard magazines and papers, without extra charge. Buy hi aOrtWiwa M Parties wishing Fruit Trees will do wJI to examine my Nursery Stock at Luther Ponsler’s farm, 2 miles north and one-half nafte east of Rensselaer. 1 have over 5,000 Apple, 1,000
Uealt for V It Saved wj Child’s Ute. % -J It No Equal. "When my child was born, t 111 B the doctor ordered one of the <1 fl 1 We are uaingJn our nurother Foods. She ate that un- ~ eery (contamtag forty infante) your Lactated Food, and find doctors, who said the troS INFANTS and INVALIDS » superior to an other food was Indigestion, and ordered THE PHYSICIAN’S FAVORITE. ’ Uoh been Us ! d dnrin « the food changed to Lactated Possesses many Important Advantages 1 Food. It saved my child’s life, over °“ er prepared Foods. been physician. The and I owe you many thanks BABIES CRY FOR IT. for it I regard your Food as INI/A! inQ PCI IQU IT ch * rßb of institution, say invaluable, and superior to all iNrAUUb KtUSH IT. it has no equal.” other artificial food for babies. Perfe s! t J y *??u rlßl L < L 8 a Bab X wlth W. E. De Councv, M. D.?T Mm a. J BENTHtrn or without the addition of milk. „ " / 'm. MM.A-J.tomo Three Slies. 25c. 50c. SI.OO. St Joseph’s Foundling Asylw, IS Indiana Place. Cincinnati, Ohio. (WELLS, RICHARDSON & CO., BURLINGTON, VT. R enssclaeu MarW Houle taj Itabj. " IBi . MACKEY ft BAROVS, —Defers In — American and Italian Marble, MONUMENTS, TA® 1E TS. BBOBT9HIS. A SLATE AND MARBLE MANTELS URJVS rfJVR TAMES* Front Street. Rensselaer Indiana. THE Eldredge lems The Woblc! MRS. JAL, W. Agent, Rensselaer, Ind. UlmTAkmu Establishment. ARK WRIGHT. PRAPPTW .! V >
Cherry, and 400 Pear—all choice varieties. These trees are in a thrifty aid healthy condition. I also have the agency for the Greening Bros. Nursery at Monroe, one of the best Nurseries in the State. All stock bought of me guaranteed true tn name, and insured for one year where properly taken care of at the following prices: .Apoles--Rome Trees—2oc. Michigan 30c. Crebs, 30c.; Cherrv, 30c., Ac. H. B. MURRAY.
