Q.—Hias the yield of other crops increased correspondingly? A.—It has.
Q.—Give instances. A.—The cultivated area of corn in the United States in 1871 was 34,091,137 acres; in 1891 it was 76,204,515 increase, 124 per cent. The yield of corn last year was more than double that of any year prior to 1875. Both the e and the average annual yield of oats have doubled since 1871. Our cotton crop in 1994 was 50 per cent greater than any year prior to 1887.
Q.—Was a decline in grain and cotton prices, under such conditions, inevitable? A.—As inevitable as a decline in the price of clothing, or furniture, or books, or steel rails, or pins, when competition in their! manufacture has extended enormously.
Q.—Would free coinage help the producer of grain to a larger profit, under such conditions? A.—Not in the least.
Q.—Why not? A.—Because if the nominal price of grain Were to rise through Q.—Can the subject be understood without examining them? A.—It cannot; the whole question rests on these facts regarding money and production.
Q.—Why do the free coinage speakers not use these facts and figures? A.—Because the facts and figures are against them.
Q.=s there any dispute over the truth of the figures quoted in these answers A.—They are undisputed, even by free coinage men. They are taken from the reports of the United States Treasury, of the Department of Avriculture, of the Director of the United States Mint, of the United States Bureau of Statistics, and of the British Board of Tmde; all of them, in their res) ive spheres, the highest: known authorities—New ' York "ost.
Text read from the printed page and cleaned; old type leaves the occasional error.