Prices And Their Law

i OUk-ial stajïsticsj&how a maikcl ii; U-reast1 in Ufé pnce of íanu - i-o 1 1 n t .-- Figures are qúotecj for twelj-e ífadihg articlcs, inclmliny dairy pnxllict? meáis, potaïbéS tiurt grain- th éhiei íig rícnltnr.ál staples. All have riaen in priee si neo tilia dale last year, froin 5 to 130 per cent , the average increase of the dozen beiüg about 36 per cent. At the same time not only has the free cuinag'e of silver at 16 to 1 been refused, but the price of silver lias steadily fallen, being now about 21 per cent. lower than it wasayearago. What then hecomes of the sophistical and demagógica! pretence that the price of farm produets is governed by the price of silver, and that farmers a year ago got low pricea because silver had been paitially demouetized? Oh, but says the Juvenile Declaimer, these present liigh prices are due to temporary conditions, shortages, of crops abroad, etc. Very well. Is it not quite possible and supposable that the low prices of a year or two ago were also due to temporary conditions? If the law of supply and deuiand goverus prices now was it not also in forcé a year ago? And will it not be in förce a year henee ? 011 cannot have one law in force tc(!:iv and iinotlier to-morrow. Populist legislatures inay do so. Nature anc commerce and industry do not. If the price of silver is tlie law of the market, all prices should be 21 per cent. lower than a year ago, iustead of 35 per cent. higher, as they are. The present condition of things is proof conclusive that the price of silver does not rule the general market. If there is a farmer or a farmer's hired boy in all the land who does not realizo that, bis mental condition should be regarded by his friends