New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-11-24
HIGHER PRICES.
HOW THEY ARE MADE AND WHAT THEY
MEAN
THE PRESENT AND PROSPECTIVE EFFECTS OF
THE M'KINLEY BrLr.-MR. CLEvELANDS


THE PRESENT AND PROSPECTIVE EFFECTS OF
THE MKINLEY BrLL-MR cLEvELAND's
CHEAPNEss NOT DESIRED.
TO the Editor OF the Tribune.
Sir: left my home at Huntington, Long Island, on
the morning of November 5, and have since journeyed
| westward. All can see aud hear convinces me that
the recent rise in prcesin part fictitious and in part
legitimate appreciation In values-was the over
wheming cause OF the Republican defeat at the recent
election. Coming when :. did. 1t was made TO serve
political purpose while II had more direct bearing
upon tho issues before the people than had the fatal
ALTERATION Rum, Romansm and Rebellion upon the
issues before the American people in 1884 and yet IL
served partisan purpose far telling than Doctor
Burchards famous phrase. Already the people are
beginning to that the present appreciation IN prices
Is symptom of prospeitythat 1t Is the outcome OF
general revival Of business, bound In commerce
and In all productive industries Factories are spring
Ing up all the country and mills are running
day and night. Transportation lines also are taxed
beyond their capacity. The builders OF cars and loco
motives far behind their ORDERS and railroad CON-
panies complaining that other companies VIII not
return to them their cars, prefering TO use them NJ
the usual mileage and demurage rates rather IMAM 10
follow tho usual practice sending them home as soon
as possible. Agricultural products have realized the
common advance In prices. These are the uninlstaK-
able indcia Of an awakened commerce, which stands
to the credit Of the Mckinley act to the extent that that
act Is cargeabe for the legitimate increase In prices.
But on the Of election II was easy to use the
increase m prices and violently to exaggerae IL so as
to create political panic. The most absurd and
brazen lies about advanced prices scattered broad
cast and contradiction rarely possible before cleo
ton day. told how Democratic orator came
to grief in Ohio He called for pitcher OF
water. When IL came he held the pitcher
up before his audience and said My fellow
citizens, this pitcher before the passage Of the Nc
Kinlcy bill could have been bought 40 cents-now
you can't buy it for less than % cents" Hold on
cried the who brought it in, Two got something
to say about that That air pitcher came with a
box of bakin powder" The attempt to charge
the recent rise in tnware to the Mckinley
bill is quite as mendaciOus and absurd. The
rise is ten times the increase which would be due to
that bill provided it was now in effect. But 1t
| doesn't go into effect until next July. Yesterday
In Chicago heard lot of young men bowling May
corn" the street just outside the Board of Trade
building. They selling to be de-
vered next May at prices which it is supposed will
then prcvail-a of gambling operation. But
Democratic newspapers and orators and tindealers
have been engaged in the trick of selling
July tin to be delivered now, at prices which they
falsely declare will then prevail-and the success Of
the trick is the political phenomenon OF the age.
Mr. Ceveland's very cheap speech at Columbus.
on the occasion of the Thurman banquet, will return
10 plague him If he becomes the Democratic candi-
date for the Presidency in 1892. lie advocates
scheme to pull prices down. That means to pull
wages down. The producers who comprise the great
bulk of our voting population desire to sell their
products at the best price they get. Says Pat,
=" could buy much in Ireland for sixpence as
can get here for shilling, but in Ireland couldn't
get the sixpence., Every laboring man wants the
high wage and constant employment which periods
Of prosperity such we have afford, and not the
liah phE nf
depression bring with all their cheap
ness They want no imported cheapncss. From
such ohcapness millions OF them have fled to this
country where high protective tariff, often called
a war tariff, has for thirty years secured American
rates Of wages TO American laborers, and where the
grand result has been cheaper clothing and cheaper
tn and cheaper manufactured goods of all kinds ow-
ing to the economies which protected industry has
introduced. II will be seen in 1892 that American
laborers are satisfied with American pro
tected cheapness and don't want any OF
Mr. Cleveland's free-trade foreign cheapncss
Every aborcr and every dollar employed In productive
enterprises in this country is entitled to his or its
reward and wants that reward to be as high as posi-
BILE while every consumer seeks to make 1t as low as
possible The producing interest in this land OF enter
Drise is and will continue to be politically dominant
for all the producers also consumers The compc-
utlon between American producers, and the everchahs
ing relation Of the supply of products OF American III
dustry TO the demand tnelefOi, cHcCluahS "uu sun"
GENTLY regulate prices and determine what IS proper
cheapness But Mr. Cleveland and men OF his faitl
gay grind the American laborer and the American
dollar employed In productive enterprise a9"n 70 ,
standard of foreign chcapness, the lieVitaDe oucoo
of which is a style OF living at which the AniefIcah
laborer stands asaSt. Here Is lust "ncIe tae 80
and upon tho issue when fairly presented 10 .c NC
liberate Judgment of the country tue Republican parN
are always confident Of winning victory. ,.u
The people OF this country put the p eSont W noss
can Administration in power on the promise 10 pa
inst such a law the Mckinley Tai1ii Act anu pc
lIeve that the exposure Of the RIDICULOUS pIcteA GA
which that recent election went against the uTaa Wa
rarity will lead them 10 sustain Iua. 90 the largest
maltsters in this country have onercu u increaSs
10 farmers in Dakota ana Montana 70 incfeasa
their barley product, when ~ ip;naird AGAINST
b% Tie Mckinley act This alone will, j believe: 90
more for the promotion of the interests OF our WeSte
farmers than will be realized rom .it, sn an II
rccinrocty scheme which is excellent Ill 50 lal d ~
roe! il must bc remembered that our export Oh
a1riculturaI products is only about per cet vi our
entire agricultural product and tlat o0utIi M
reciprocity can hardly bfhS tc The home market
ureecn times that OF the aggregate foreign market
and one of the cardinal points OF the prooeouet p1S
is first of all to look 10 o tne pprotocti0n "
aGricnltural products. and by the lnuch more i, I'M
nortant though indirect protccton WHICH secues nno
home markets created Dy prosperous Dcc'"So piV
tected domestic industries ,,,,,, =. -. ,,oo
within two wears the effect Of the Mckinley act upon
the prosperity OF the country VIII nave beeh cietrN
ndicatcd and am confident that no true hcpuOllcah
Grand policy OF protection to American INDUSTRY, on
stunt ~ The results the recent election, brought
about by causecss and scnseleSs political panic
St. Paul, MIMI, Nov. ID, 1890