Jasper County Democrat, Volume 23, Number 73, Rensselaer, Jasper County, 8 December 1920 — THEY VOTED FOR A CHANGE. [ARTICLE]
THEY VOTED FOR A CHANGE.
The American public continues to get an intensive and extensive schooling in the meaning of the word “deflation.” The farming community, indeed, feels that it is taking a post-graduate course. Cotton is only a little over one-third the price which prevailed a year ago. Wheat is about 40 cents per bushel lower than the guaranteed price, of war time and this in spite of the fact that the world needs more wheat than was raised this year and that stark starvation is ravaging more than one country. Corn has dropped so far that its price, almost certainly, is below the cost of production; live stock has taken a considerable jaunt on the toboggan; and as for wool, the bottom of the market is gone. ’The Y. M. C. A. hotel reports that Chicago is being crowded by an influx of jobless men from all parts of the middle west, looking for work and not finding it. What has happened to employes in the automobile industry 1 does not need telling. The organized wealth of the country, having secured a firm lease on the national government, is starting in to educate the people in a new word and an unwelcome fact. One may not care for the lesson, but one must admire the thoroughness with which it is being Journal.
