The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-11-08
TIE TENNESSEE COAL AND IRON
COMPANY.

One OF the very absurd statements set
anoat yesterday for the purpose OF iniiu-
encing public opinion was TO the effect
that the stock OF the Tennessee Coal and
Iron Company had appreciated two cents
as n result OF the defeat Of Cleveland and
Thurman and the election OF Harrison and
Morton. THIS was rs much as to say that
the continuance Of Mr.. Cleveland in Office
would have been menace 10 the interests
OF that corporation, many Of whose stock
holders affected and stoutly asserted them
selves TO be for Mr.. Cleveland's re.
election. Now, tho facts are, that
the Tennessee Coal and Iron Company has
achieved all It's success during the nd.
minislration OF Mr.. Cleveland, that il
shared in common with every other in
terest at the South the confidence arising
from n pure administration Of the Federal
Government, and one that took no nc
count OF Southern any more than a
Northern State, except as the authority
or laws Of the Republic were involved in
the ordinary course Of public affairs. The
Tennessee Coal and Iron Company is what
il il today rs n result Of Cleveand's being
President, and his continuance in Office
could not have failed to have proven
10 1t as to everything else in the South n
continued blessing. But IL will DO said
that the interests of this corporation were
menaced by the Mills bill and by the pro-
posed continued agitation OF the tariff
question. This, too, Is not true. Mr..
John IL. Bass, large owner OF coal and
iron mines in Alabama, and the owner Of
the most EXTENSIVE car wheel works in the
world, located in Indiana, during the re-
cent campaign declared positively that the
Southern iron men had everything to gain
and nothing TO lose by the Mills bill becom.
ing a law. But, besides this best OF reasons,
the fact remains that Mr.. Harrison's cleo
ton will not put stop TO tariff agitation.
On ,hc contrary, IL will give an impetus to
It that II could not have had had Mr..
Cleveland been elected. Tho tariff ques.
ton will now become as fierce an issue as
slavery was, and II will be prosecuted
with all the propaganda feryor and heat
by the Democrats that characterized the
Abolitonists. II will become the burning
question, the one great dominating
question oyerhadowing all others. The
people, the masses who are, by the popular
vote, with Cleveland today. will Sec that
lIarrison's election means Blaine's lri-
umph, and that Blaine's triumph means
the triumph Of trusts, combines and mo-
nopolics. II will be the great workingmass
Of the United States in opposition TO the
| monopolis,s, the Erocdy eormoranta. the
craven beggars, who are not satisfied will
the legitimate profits OF business, but mus
have continued TO them the enormously
additional profits thai protection affords
This will DO the question, and al
the trades and trades unionists will be en-,
listed in II, for their members do not want
TO continue in slavery. The one great
tangible result Of the Civil War was the
freedom Of the negro The people Of the
United States who would not tolerate
negro slavery, which thcy decided to be 4
menace To the institutions and the pcrpc
tui,y Of the Republic, will not long tolcr
ate the enslavomcnt Of the white workcri
Of the country, whose degradation Is even
today a menace to It's peace and welfare
Aud 10 the tariff question viii continue u
DO the paramount onc-all the more 3,
because Harrison has been elected Prcsi
dent Of the United States.