Democratic Sentinel, Volume 14, Number 36, Rensselaer, Jasper County, 3 October 1890 — THE FARMERS’ HOME MARKET. [ARTICLE]

THE FARMERS’ HOME MARKET.

Friiin r- have been so drilled in the ilea that it is the home market upon which they should rely, that they seem to have been unconscious of the fact that the h- me market is altoge.her insufficient for the supply, which is inc reasing mere rapidly than the home market demands, and that either increa eof demuni or diminution of supj.jy has become a necessity. Western farmers art complaining of the low prices of what they have to sell, and many of them attribute the depression to a scarcity of currency. If they would cease looking to protectionists for’ information and would examine the trade relations between their own country and oth. er countries they would discover that it is markets, and not currency, that is needed to improve their conditions. The tariff has contributed immensely to the gains of manufacturers, while for some time the farmers who have been as well off at the close of the year as they were at the commencement have been the exceptions.” —Hon. Hugh MoCulloch, Secretary of the Treasury under Lincoln, Johnson and Arthur.

I am told that we must legislate so aa'to f untisb a home market for all our agricultural products, and Ikat this can only be done by a high tariff. Any one examining the subject will see that our agricultural products increase more rapidly than our population, so that if we do aot export these products in their naturarcondition, we must do so by converting them into manufactured articles and export these articles. But this can not be done under a high tariff, for all nations will buy manufactured products where they are the cheapest. This rule excludes our hightaxed manufactures made from highlytaxed materials, from the markets of the world, although we have natural advantagas possessed by no other nation."—Sena, tor Allison (Bepublican) March 24, 1870 i

“Constitutionally, a tax can have no other basis than the raising of revenue fo r public purposes, add whatever governmental exaction that has not this basis is tyrannical and unlawful. A tax on imports, therefore, the purpose of which is not to raise revenue, but to discourage •ud indirectly prohibit some particular import for the benefit of some home manufacturer, may well be questioned as being merely colorable, end therefore not warranted by Constitutional Principles.* —Hob. Tnos. If. Cooley, In his “Princiriplas of Constitutions: Law."

Public Sales— By John Chamberlain, at his residence, three miles southeast of Rensselaer, on Tuesday, October 14, 1890—Horses, Cows, Calves, Hay in stack Farming Implemens, etc. By Fred. J. Saltwell, at his residence in Milroy township, ten miles southeast of Rensselaer, Wednesday, October 15—Cattle, Horses, Hogs, etc. By Servetns Girard, at his residence in Union township, three miles north of Alter’s Mill, Saturday, Oct. 11, 1890—Horses, Colts, Cows, Calves, Hogs, Farming Implements, etc. Hiram Day proposes to move to Hammond, and will sell his Rensselaer property. Miss True Alter is a student in Glendale College, Cincinnati. J. Cal. Porter returned home Friday night from a visit to Kansas. Dr. Kelley has moved his office up-stairs in {room opposite Hammond A Austin’s law office, Leopold’s comei block. -Jessie O. Roberts has entered the Michigan University law school, Ann Arbor. Mrs. James Shindler, of Newton twp, suftered the misfortune of a broken arm by falling from a wagon one day last week. Simon Phillips is visittng his only uncle, at Rnshville, Ind. Dora 8., a fine bred mare belonging to Dr. M. B. Alter, died Wednesday. November 3d is tbe last day for 2nd installment of taxes. C. F. Wren will probably become aeitzen of California some time in the near future. A surprise party was given to L. D. Kenton, of Kansas, at the residence of his sister, aunt Nancy Smith, in Berkley township, last Tuesday, his 76th birthday. The guests numbered about 100. Two deaf and dumb children, a daughter of Mrs. Clemens, and Jakey Wright, each aged nine years, have been token to the Deaf and Dumb Asylum to be educated.