A little inquiry now, however, reveals discontent and a hand to hand struggle with adversity and against odds. Market values leave no margin for profit. Abundance at harvest time, disappointment on market day. Men can understand the connection between short crops and lean pocket-books, and are easily reconciled to such conditions. They may grumble but they are sensible enough to understand that they must sow again and wait for the heavens to smile. But when great heaps of corn lie in their fields awaiting sale at twelve cents a bushel, when a mighty crop of wheat brings its possessor but fifty cents a bushel, when cows are worth but fifteen dollars apiece, and good butter sells for eight cents a pound, while thousands in the land are known to be suffering because of the lack of these things, a leanness of pocket-book results which the farmer may understand, but to which he is not easily reconciled.
His eyes are open. The over-production theory explains nothing to him while the mouths of a multitude go unfed; while the beef that he sold for one and a half and two cents a pound on foot, retails in the eastern market, when dressed, for from ten to eighteen cents a pound; and while his corn and his wheat, at the other end of the line of transportation, brings twice the price he received for it here. He is able to put two and two together. He knows that primarily all wealth comes from the soil, in response to the toil of himself and his fellows. His eyes rest upon the 31,000 millionnaires of the land who roll in wealth. He says, "I helped produce that. How did they get it?" He knows that the money could not be had last fall to handle his grain and that, in consequence, a ridiculously low price was offered him in order to keep it off the market. He knows that a few men take advantage of his necessities and dictate prices just at the time when he must sell. He knows that railroads absorb nearly fifty per cent. of crop values for transportation charges, in order to pay dividends on a capitalization, fifty per cent. of which is fictitious, and that when the laws forbid it the courts of the land step in and declare it "reasonable compensation."
In a word, it does not take a very sharp farmer to see that although hot winds, or murrain, or hog cholera increase the leanness of his pocket-book, these things do not explain that irresistible and invariable current which bears such a large portion of what he does earn into the plethoric pocket-books of the few rich. The farmer has become, perforce, a student of economics; and, although we may laugh at some of the vagaries in which he indulges, a close study of the situation and of his demands will probably show him to be about as reasonable as those are who champion the present order of things.