The Farmers' Movement

it il strangti that intelligent journalist at the East should oontine their absurd statements about the farmers' movement and its effect on current business transactions. They are comuiitting a rank otfense against the country, as weü as against common sense, by continuing niUrepreaent tho sentiment of the Western people, and especially of the patronn of husbandry. It i8 not true that the farmers seek to destroy railway property. It is not true that they seek to elavate men to judicial positions pledged to deoisions in their favor though they may be plainly against the law. We have time and time again pointed out the utter groundlessnes9 of this charge na made in the case of Judge Craig, and yet a number of the Eastern journals persiat in repeating it, and it has now found its way into the Atlantic MontMy. If alarm is feit in business circles, or if there has been a depreciation of railway securities by reason of these mistatemonts regarding the soope and design of the farmers' movement, the papers that have persisted in distorting the truth are alone to be blamed for it They have continued to deolare that the farmers were making war on the railways, and that they were electïng judgea to office pledged to assistthem m tho fight regardless of law or reaion. The statement was so absurd and ao entirely untrue that it is wonderful it should be believcd by men of intelligence ; but according-to some reporta it has been, and the resnlt has been a depreciation of stocks. We again assure the Eastorn people that the farmers of the West will abide by the law ; that it is not the railways, but the railway abuses, upon which they war ; that they simply pay in extravagant freights the dividends on watered stocks and the enormous profits of grasping speculators. They want railways. They cannot do without them. They have voted aid to them, have liberally patronized them, and will continue to deal fairly and even generously with them, But if more than that is required -if the credit of these railways and the prices of stock have been founded on the supposed gullibility of a certain aection, and the calculated submisaion of the people to extortion, the quicker they sink to the ratea representing their true and manent valué the better. It may as well be understood first as last, that railway stocks will not hereafter rate according to the anticipated amounts which can be squeezed out of the country througu whieh the road passes, but must depend upon the fair and legitímate business of th road, carried on without extortion, and under a tariff regulated by justice. - Ocean.