, 1875-07-30

sRfe md sound and weather tho financial
}n17ios md storms which contine themselves
strictly to legitimate banking, and aro aecur-
Cd by flrat-class papor instoad of balloons
which nre liable to collapse Mt my instant. Tho
fnilure Of DUNCAN, SHERMAN j. Co. ompha-
sizes tho rule.
LIKE 0AusEs PRODUCE LIKE EXPECTS:
Alr. pig-Iron KELLEY IL not n r1n9inrist.
No such charge Of dishonesty Inns over boen
brought against linn. His would-be nrgu-
monts for Confederate currency and tho Boup-
house legislation oallcd the "protectiye
policy are all drawn from the place where
lis bruins ought to DO. This originality
makes tho striking similarity betweon re-
cent speech Of lis and n passage in Miss
a1ART1SEAu'a "Iiistory of England from 1876
to 1854" moro striking still. Tho inquiriug
reader Gun find PORTIONS Of tho speech quoted
in Tue TnrnusE Of May 28, from n marked
copy sent III. The sixth book Of the "Ilis-
tory contains the parallel. Miss MAnrtNEAu
is describing the condition Of English work.
ing,nen in 1912, under m ultra protective
tariff; 1Ir. KELLEY is describing the
condition Of American workingmon in
1875 under high thrill. Miss NJ,
in frco-trador; Slr. Z. is q prntoctionist.
but tlsoy both sketch tho same atate of things
from tho aamo causes, Giving due proco-
douca to the lady, we mark the extracts from
hor work ~ and those from Mr.. KELIEY's
speech {2). Wo invite attention to these par-
allels:
~ In Stockport, 5000 persons we're walking tho
RAJ ft rom tHlcnCtf. Al fIiuckleF.
onc-third Of the Inhabitants wero panpess, !.
and there not work enough In tho plAce 10 employ
properly nne-thted Of tho weavsrs,
"a Honest and thrifty working roop,e By tens OF
thouRans In this d!atrc& alone, out OF employ
mept It Il now mora than year atuco many Of them
were reduced to that condition, and have home
| to apd thom in ragged psnnu3. uordcs Of
other uulortunAsea In puranlt Of employment At any
wages. i, +. The journals complain that not only
tho Of et!os but tho roads from os great city
to Ano.ler, aro al1cd with tramlA, sud ask that tho
authorities should deal summahlY aad severely with
tAess ebIs- bodied lI!er*. why hfo tlef IdIe7
. Decauas they can hnl no employment At tl4e!r
| ho,nca. ...
| Il, A gentleman who had rotlrod from business In
1al3 ioaYlu9 properly worth rGo u03 to Lii sons and
who had, sarty In tho dhtress, become aurcty for
the,n WAS showing tho works for tbs benefit Of tho
creditors at hslaEy Of 81 weex. III families wAero
tho father llsd hitherto earned r. rer week and Laid
| bya lprtiou weekly, all was now gono but
| tic sacks Of hhav!ugs they slept IN. roor-
rates were increasing beyond Ill precedent.
~ Many Of thoso who, Ia tho autlnn Of 1878, hoid
title to their little homes. and wero paying OF any lit
Ito incumbranco that mIRt e1ist against them by ap
plying what tcy could wslI AFFORD to set apart from
poverty aud, having read tho BhertMn bill describing
thcir homes, hays aecu them pa&a 1t nominal prices
| Into the possession Of others. Hon who dAFo
eaoh winter contributed To tho wArd.fund fur the 10
LET Of the poor in almost avery ward Of phtlaaephiA
were, during the LAST w1,ter glad to accept relief
Il. Provision dealers subject to ncurhions from
woihah man prowiIuR for food for hts chidron Or
fro half frantic woman with her dying baby at her
broast OF from parties Of ten OF lozeu desperate
wzctc1ea vho were iavytns contributions along tho
| street. In Carlsle, tlls Committee Of Inquiry
reported that fourth Of the population in stats
| bordering on starvation.
tq We notice tncrsase Of paupsrlm. Of crime, Of
insanity. md terrible surrease Of suicide.
Il, Thefa Aee1na 10 be cass that wAs not Threatens
| at1 with run. There seemed no chance Of any
member Of the manufacturing o&fYss coming out of
tho struggle It last with rosttse Of property where-
/ with to begin the world Anew. p. In Stockport,
mora than halt s master splnners hsd failel before
ths oloae Of lS42. !. holkoapers contemplated
nothing buI ruin. Thelr tEads Ha4 only one-
hall, onehrd or sren ene-tonsh, Whist hsd been
thtes years bctoss- -. .
N Tic capital Of the DISTRICT far ~ Il II embarked
In productive fnuuatf1eat syuPathlxes with the de-
pressed condition of tabor Yondef idlea Of brick,
covering whols blocks, which were recently resonant
with tho hum Of industry, arc now silent slnoss n
death. Tia owners Of tho land. buildings, And ms
chlue.y Loss monsy, conndsncs, and hope daily. They
do not now stuploy many hundred men ~ they did
Thousands but Two years sgo. Their works ran then
dsy and night but fow ot them run fn 90 houra
10 the weak. Rsa interest invested capital. tis
destruction resulting from ths real aad suat OF taa
rhlnary. eatiog them up,
The English woman goes more into detail
than the American man, but they sketch the
same state OF things flowing from the sana
causes, Under high tariff, England was and
America Is pervadcd by terrible distzeaa that
alIecta every productive enterprise. The
wheels OF trade, artidoially clogged by re-
strictiye duties, move slowly and izreguiarly,
and crush tho worry devoteea Of tho system.