Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1889-02-25

-. v
h ~salA - intsrsGeine 10 know.
z1e WanAmAker, DolAn and the
y Ehilndelphia 'mahufacturegS who
w. lifS q thslr ,buyinsls yde.
3QfSn th6;slection sol ,HAirisons
y Ia thetr expectations thus far
E ksSnGd livslinea and profit Of
9 G1oe.t Merchant; and menufac-
IN 70 BE- genesally complaining
ID aoe the dullness OF trade The
= 0empanies are suspending operations,
- ~ nilroeds are despairingly striving
15 6erse tokeep mp rates that the Harrison
0(stiCn has failed to sustain. Every.
1 WksEe 70 look, around about Us, we seem
- - . restricted business and fam.
J11ed prof. The iron manufacture,
(which 4 Pennsylvania peculiar In
! 4egky, and which has been the
3 1t - rscline most heavily upon the
~, ! g not lively, Notwithstanding
4 " t<iunph Of the protection doctrine,
- gald TO have occurred over four
z1non4hs ago.
The protection president and party step
tln)D power In another week and at the
}alle tAey step in the Pennsylvania iron
Itkkses are invited to step out, unless
/ w ~. willing to accept . reduction Of
fe1t'6x 1fteen per cent. 10 their wages.
Ma TIE significant thing about it is that
y ~ reduction Is necessary TO keep the
mills going. The Harrison boom has
yhlled 10 materialize and In the face Of
descending prices and diminished de-
1naedy the manufacturers fare compelled
~ reduce their cost Of production.
An interesting point about the matter Is
That these manufacturers are nearly all
! Republicans. Last November they assured
I their workmen that steady employ.
mint at topmost prices would attend
lIarrison's Inauguration (; and that they
should be obliged to take that very time
20 reduce wages Is certainly scathing
Commentary upon their prophetic powers,
y md AFFORDS quite satisfactory evidence
thst they did not know what they were
y talking about when they described the
saving power Of the tariff and the beauti.
ful effect of Republican triumph.
Bat they do not give up their prophesy.
ing propensity; they advertise temporary
postponement Of the "Harrison BOOM
until Harrison has had time to be seated
and to take the reins and run the creature
IN. Il they postpone 1t long enough, no
0oubt It will come. Everyone believes that
> period Of business activity awaits us In
the near future, The movement Of trade
runs 10 cycles there is high tide and a
low tide, . spring tide and neap tide, in
trads as In nature; and when we
have had q low tide for awhile,
~ know that high tide will follow
- There was high tide due, trades
Nen generally thought, this spring
whIch makes 1t all the more apparent
That the election Of Harrison has rather
fended 10 retard than to advance bust.
Aem activity. 1t the Inauguration Of a
Republican takes place amid the general
xeduction Of artisans wages, while the
previous conditions pointed to an early
estivity In trade, 1t IL clear enough that
fhere u no booming virtue in that presi.
dnt
d We must walt and see. The country
seems to want to know what sort of IN
administration this is going to be, that is
I advertised to start In with Blaine at the
hslm ofstate and Window In the treasury;
both daring spectators; men who from
nothing, and out Of nothing, have become
mtllionaires. 1t Is q millionaire cabinet
MI through; and does not promise much
succor or sympathy to the laboriDg
classes. The Republican party is notably
the party Of the rich man, fact that is
sufficiently testified In Its success through
ths aid Of the heaviest money bag. 1t is
omtnently appropriate that the inaugura.
tson OF the president Of that party should
take place on q day OF general reduction
OF workingmens wages. Its scheme is
70 make the rich richer and the poor
poorer; and 1t relies upon the contrbu-
lions OF the rich and their corrupting
ehect upon the poor to get the votes to
keep It In power.