New-York tribune., 1888-08-24

Of the hind recommended by President Cleveland
and approved by the Democratic party in Congress
At the end Of that period. the savings banks Of New
Yorh and New England had total deposits of
C%s 100000. Allowing the wage workers Of that day
,s have tes same & Of ,ns :. tss @ s
are nov IN d: twenty eli ghth year Of proiectIyo
tann, enacted By a Repubiman Congress and made
sSS S% y e . as
rect and adjust its working How; thor, thSn
of p: be ss Of
and New-England have s7l 900 600 TO their oredIt
SsSs s' trade s sTS 10 hg
The population Of the seven States al the close
Is presumed to be IL 100000, The wage-worhers Of
r:com@snded BY Il. President, had earned surplus
amounting to &1a SO for each person OF the entire
period under protective tariff have earned 1855 per
head for the total population or, In other words he
United States has been enabled TO save FIVE times
much as tie average wage-worker under mere
But the Democratic advocate Of free trade thinks
that be can escape from the crushing force OF these
aborns man in NswYort 70 and Sss New England have
been made at the expense Of the agricultural states 10
rapidly spreading that thcro longer agricultural
States In the sense In which that term was used
ures are sprngins up everywhere, and already some
States in the west-notaby Ohio. Indiana and Illino s.
have an annual product from manufactures monnfnS
answer that l have no Dccd to interpose
Of protective iarld wealth has increased I9 far
than In seven manufacturing States which ! have
adduced in the East; In 1851: for instance the SIX
iowa kansas ard Nebrasia had a popnation O. 'vo
and half millions to.5ooooo. and an aGCe
wealth, wealth by the census o, q 1850 " aoIs ssn!
(ss7o, ,ooo,ooo,. To-day they have population "
Rn . statistics
wealth either in the Wcs or the East later than ne ne
and isso these six western states Rad increased their
aggregate wealth from eight hurded ara sevsh'y
d'"s and seventy FIVE millions tss.s75 ooo, ,ooo an IN
crease OF mor than se,en-fod. New.York and New
England haa three times te population Of tsffs ss
OF thrty-sevcn hundred millions &S, 700 600 ooo
To-day the POPULATION me wdasS these s'as
while their wealth n the twenty yTSr oSnnf ST%esn r0D IN
1850 to eleven thousand two hundred and eiEhty,s1
millions 2ss, ,ooo 0oo The ratio Of deveIoP'n%cn %
New Fngiana s ba S'r"fore not been hall rapid
as that Of the six agricultural states which T, have
os"sa sssa They o .hs haze credit 1Hf Of h '
they have urn IN great ,,Ravs aRa n0"'sHn s improved
in mrroved farms in tn. valve. n s"st
new town. IN the E r?dssS' sss pTo1prrs 90 Ts o ar
cultural wealth to which tn. expense Of the Western
farmer under revenue ,arin hears 80 shsn' ''D
parison that 1t can hardly be stated
Lastly, the objection to the CONCLUSIONS
present comes from the Southern Demo
crst who, forgetting the interests OF MS
section IS urging the revival Of free trade tic
consider, that the South has been robbed for the bone
ct of the North and hugeing this monstrous deuslon
be strives to place the Union back under the old fe
trad. systems OF the anteheum period. YET the
benefcent effect Of protective tarih can oe even
better illustrated by tbc recent history ana uencoP
ment OF the South than by the progress OF the Mof
BY the Of 1850, scven'yone years aIe. IN
Federal Government was organized the SotIh ~
states or 10 describe them more accurately; the slaV
holding States of the Union. had acquired properly
amounting in the aggregate to SIX @ 6onoahu oa EN- Tf
Of This total amount certainly over two thousand
millions of dollars (f2 900 0Oo.OOOl. was rec KOn'u d
the value OF the negro slaves Eleven Of these eiS es
went into rebellion the end OF which they nan os
value They had used up four annual crops ior war
purposes They had lost all their ready money aiI
their stocks Thy had lost qHar'er .rS o.
million Of the youth m.,, OF more 5nsr fpg Inv
had subjected all their fair ard blooming section 10
the bllghtng and devastating influence oI lne u t
to az great q degree as the Seven Years war h9i IN
aicted on Prussia, the Napoeonic struggles hsh on
Prsnos Coming out OF the war In 1868 defeated ds-
couraged almost destroyed the Southern people SCI
10 work under the influence Of the protective stem
made good the two thousand million collars l12,OOV-
600 OOO which they had lost In slaves, repaired ~
ravages and damages OF war ana ln
the short space Of fifteen years tney
had acquired. by the census ,od Si 600 loo0 ooo;
tyentv-one hundred million dollars ts2 1OOOoOOOol
Of properv more than they had possessed by the cen
sus Of $50 II the financial and Industrial CONDITION
OF the South could be ascertaned to-day they WouIn
be found 10 have two and half to three times as
much property as they had that dlreful day when
bIv Gred0