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The oongressional appropriations for thi...

The oongressional appropriations for thi... image
Parent Issue
Day
27
Month
August
Year
1897
Copyright
Public Domain
OCR Text

The oongressional appropriations for this year amount to 1528,735,078. The receipts for the firsfc raonth of the Ding]ey tariff bilĂ­ will be only abont f?,000,000. It has got to do mnoh better than that to provide sufficient revenae for the expenses of our repnblican government. The bnlls and the bears have been having a merry time for the past two weeks in buying and selling wheat. One day wheat goes np f rom five to eeven cents and the next it falls baok tbat arnonnt. Wheat yesterday took a five cent advanoe. Let us hope that it keeps it. White this fluotuating is going on enorinons fortunes are made and lost in a few hours. The neoessity for a fire alarm system was most forcibly illnstrated by the Holmes fire early Sunday morning. The delay which lost the barn and honse was cansed by a failnre to get tbe alarm in promptly. The attempt to get the alarm in promptly by telephone proved a failnre and mnch valuable time was lost. Ann Arbor needs a good fire alarm system. The contest for the mayoralty of New York is getting warm. In that oity they maintain that the new mayor of New York will be a greater man than the president and that the eleotion of a mayor of a oity of over 3,000,000 inhabitants is of greater importanoe than that of presidant. While we. outsiders, may doubt this statement, politios in New York are getting at fever heat and both sides are figuring out a victory. It is wonderful how qnickly the rise of the price of wheat to $1 a bushei has oansed a cessation of the ory of hard times, establishing the contentions of the demooraoy last f all. It is true that the rise in prices has been oaused by the misfortunes of our European and Asiatio neighbors, bnt still it is what is setting the wheels of indnstry moving. The farmers are the bedrock of society. Let thein inake money and hard times disappear. The yield of wheat in this country this year is abont 50,000,000 bnshels greater thau last year. On the other band tbe erop in other oonntries is very mnch smaller. Of late years, the Argentine Repnblio has been one of onr ohief competitors in the Enropean wheat market. This year sne is compelled to bny wheat of ns to feed her own people. Hnngary has nsnally esported mnch wheat. This year she is bnying wheat. The erop in Rnssia is so short tbat the Rnssian government is oontemplating forbidding its exportation. The French and Italian crops are short, while there is a great famine in India. Many experts prediet that in the light of these facts wheat will stay at a dollar the rest of the year.

Article

Subjects
Ann Arbor Argus
Old News