Whether or not the American farmer realized that the nineteenth century had seen a total change in the economic relations of the world, he did perceive clearly that something was wrong in his own case. The first and most impressive evidence of this was to be found in the prices he received for what he had to sell. From 1883 to 1889 inclusive the average price of wheat was seventy-three cents a bushel, of corn thirty-six cents, of oats twenty-eight cents. In 1890 crops were poor in most of the grain areas, while prosperous times continued to keep the consuming public of the manufacturing regions able to buy; consequently corn and oats nearly doubled in price, and wheat advanced 20 percent. Nevertheless, such was the shortage, except in the case of corn, that the total return was smaller than it had been for a year or two before. In 1891 bumper crops of wheat, corn, oats, rye, and barley drove the price down on all except wheat and rye, but not to the level of 1889.

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