New-York tribune., 1884-12-30

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General James \, Neeief, " pHshaia wa"
sM hu Huffman h9Hse, aali 10 - ih'h'Ae 'erN'"'
Ia replY a. inauirp.i nlho iron husinesa ~ fe"N
sYlVauia IL ia more depressed condition lhAN ~
any lim6 since tho panic Of 1874 ihls Is nest HNsN"
ed by the fact that tho iron market Is completely Nh'
the control of tho purchaser This depression In ailp
utahe % three Influences the hrsi and most lnn''A
OF which has been the agitation OF the arn IL has lh
ened the consumer TO buy sparngy anticipating lower
prices The second agency has beon the ngrailah nv
tackr on the railroad interests Of the country n9tap
the advocacy OF the Reagan bill. regard that bl as
measure conceived In the sanctuary OF bomnu', ,r "
Intended destroy the property Ot the Nation hs "o
as OF railroad Interpretations The thlil lhluelVo ~
ovcrproducon. This has been mainly % que 10 & aHr -
tensiyc plants Of the manufacturers ana ln,I u'nt
retain their skilled aborcrs and keep them empo!
" How about coal mining T. ,,, - ,,.,
borh9o1 of Pittsbnrg competition from the natural gas
has csscncd the demand for coal 10 large extent h'
The cost of sportation cut down the prices III pro
portion to the distance 10 be carried 10 marhe1 I'm,
cost In putting ont the coal The miners are ressln3
reduction and Iucntly the bitunihn. ooil u"o -
greatly dcmoraliZcd An immense quantity was sIlpeo'
on the rises III the OHIO River causing EI ia
the Southern market and consequent u'Ie,m, -, ttb
prices. Altogether the prospect gloomy one to p.i
the operator and his employes see no chance ioi HI
provcmcnt before next spring -,
There viii he no legislation But the agitation
OF the subject in debates in Congress ana khdrcu op
viii continue 70 discourage the manufacturer No ~
tonpt will be made revise the tart this winter anu
scarcely believe effort VIII hc made to the Hewitt
h II done will he merely TO afford an opportunity
for lot OF retiring members 10 yrntaic thet view.
this question think II will Ice criminal neglect on me
part this Congress not 10 pass measures iaForo 10
the Advancement ~ our merchant marine Now Is anc
opportunity for u, to our lost ground u i Ger
tny humllatng 10 every American 10 see 80 per c.nt
the exports OF this country transported under Ioe-"
flags"
What IS thought Of the Spanish treaty IN the Key
stone state p ,,,, .
The ratification ol that treaty would establish very
dangerous precedent. II proposes concessions oI ~
value for nOmnally no return II l. cutlicY one su'
aud will ruin several important industrc, ~ THIS c"
try. It does not appear that we would increase our
exports 10 any great extent. ana our reIu,a 10 rdt
the treaty viii not impede our trdic with the S'n
Main There is much greater reason Tor h-irclA- ~
the treaty with Mexico and tho conditions are hiu'h
more reasonable aud advantageous - our pc"P..
Commercial exchanges can De made with Mexico N'If
prontaby aud relation, made those or closc ihl-
macy. We have railway communication direct Me-
leo l. fun OF wealth. our people are already MNt>ih-
there Our civilization Is pushing that way ana cFr"
ually can change tie entire pohtcu aspect % '"''
CplufrV.''