Democratic Sentinel, Volume 16, Number 28, Rensselaer, Jasper County, 29 July 1892 — McKinley Crops. [ARTICLE]

McKinley Crops.

The stimulating and invigorating effects of McKinleyism are nowhere more marked than they are upon the weather and crops in the United States as compared with other nations. Last year it gave us tremendous crops of wheat, corn and cotton and by blasting the crops of Europe gave us good prices for corn and wheat. This year we are promised a repetition of this same arrangement. Bradstreet’s estimates that our crop of wheat this year, including 70,000,000 reserved from last year’s crop, will be 620,000,000 bushels, which, after deducting 368,000,000 bushels for seed and consumption, will leave 252,000,000 bushels for export and reserves —about the same as for last year. The next important question is, will Europe pay big prices for this surplus? As Russia has not yet recovered from last year’s blighting effects of the McKinley bill, and has neither sufficient seed left fill; .sowing nor animals for harvesting, aud as S drought in France is doing great injury (in spite of her attempt to imitate McKinleyism), the prospects are that prices will be high. About tie only doubt as to this conclusipn comes from India, whore fair ofopi "are reported, and from the Argentine Republic, where immense grain crops are reported, which will be exported to compete; with pur grains in all parts of the world, notwithstanding that Blaine, with his reciprocity programme, is reported to have found markets for “barrels of flour" in this same South American country. Mr. Roswell G. Horr, of the New York Tribune, 6aid recently, “I do not claim that the tariff on wheat in the United States at the present time will have very much bearing upon its price, so long as we export that article largely.” The American Economist, another great high tariff authority, expressed this same opinion on March 4, 1892. The modesty of these authorities which prevents them from claiming that all favorable weather, high prices for farm products, and prosperity of every kind is due to protection, should not deter the farmer from making a careful investigation of this as yet poorly understood subject.