Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-10-07
JAY GOULD AND SAGE
Express Their Views on the Tariff
Bill and Think II VIII Not
Hart Anybody.
The SAD RESULTS WILL NOT
eE PERMANENT.
Production aud Consumption viii
Regulate the Whole
Situation.
RUSSIA PROTECTING THE SEAL
RooKERiEs.
BurehslI Says lie Had an Accomplish
10 the Murder Of
BeHwell-
RUSSIA PROTECTING THE SEAL
RooKERiEs.
By Telegraph % the Srws.i
THE TARIFF BILL
YIeued.vhroa<h the GoId-rimnasd
-pcciacics-

rpcctaeies-
NV NoRR, Oct. Clay Gould
has written the following article ON
tie effect Of the new taufr.
.sThc tariff, like all other great
aud sudden changes, Las upset TIE
country 10 such "a extent that The
people now hardly know whether
Ihey are afoOt OF On horseback The
al results, however, will not lie
permanent. Tine country Will soon
accommodate itself 10 tue change.
In fact the trouble has been largely
discounted by anticipation OF The
operation Of the tariff.
II do not believe that the ap-
proach Uf February LIT, the limit
OF time for the withdrawal Of goods
fun bJud without payment Ol IN
cr,.ssrd duties, will cause -tringency
in the money markets. THIS cause
aIUur ALL not uc sufficient 10
create a striugency. Tins country
J. largely dependent on Europe Tor
n. financial condition. VI anything
| happeus 10 disturb business, Great
| ing nigh rates for money, Il will
naturally iioA from America 10 the
o,her side. 10 there should be such
a disturbance IN Europe beiS eel.
now and February lst, there would
L.. tight money here. II things In
] Europe continue IN an even. way
there need he no apprehension, -
l,r a. am able 10 SEE, that the new
tariff will cause financial distress In
this country.
II cannot see that the new tariff
Of itself will he a disadvantage u
the country. IL il iucrta-es The cost
Of some afIicles, the people viii sin.-
tly use les Of them. lake wool iOT
instance. II the tamil on wool mases
clothing cost mort., n person Will set
along with one suit where lie WOulu
otherwise have Two. Iron may te
tiksn for another example. Despite
the reduction. the iron Industries v.
this country will prosper. The taiiil
ON steel rails j. reduced = a ton, cII
the change Will not let H. any iuoIt
English rails IL j. the sam. la 81
lrauchts OF industry. Matters sccm
10 work Out their own spiu'iu1
! Production anu cUusuml iiUu vii
have more to do with the situation
than anything eiss. Inc p.oiucls u
toe country have ~ finI = market
and II they cannot iiuu u NJ msi
rrices they must fud u at love-
prices. It's V-s-lblc that labor M.
lie benefited by the c.uatiun Of new
industries un4vT tine taTiii, tut l u
not look for any great increase II
the manufacturing interests soiei.
from the tariiI. The country j. grow
ing. aud industries will inereis'
and enlaFge 10 keep company VIII
il growth"
RUSSELL SAGE COMMENTING.
Sa-e, over his signature, make
the following comment ON the Mt
!, Eiulev bill: The elect Of tn
. new tariff on the Consumes WI
ult be adverse. Home competition
) will reduce prices OF ali products q
] low a. they ought "a IL. Whe'
, there were no itciiiues foE MANI
] / featuring steel rails In tais cuunIr
{ | they cust $40 a ton. 4 tarin ~
. the establishment q mills lief
brought .sails down 10 - ton Az
laursfit IA manufacture Was earue
NJ this pIice. Within MY own q
lsrienct iron so.d at SOS Ton aud
I. ga. poor quality ~ that IL h.
!. since been reducel Co 50. In a
! completing the reduction which
: have named, this county employe
!. it, sxn labor and kept it, gold
, nome. Instead 81 sending 10 away
pay tire labor Of other countries
4 The future u the county Is Oh
OF Continued prosperity and grOwtl
4 | There will bc cheeks, bu. theso vi
: be benefi .ial. When speculatio
goes beyond the bounds OF health
enterprise n stringgncy IN u
money market has a who!es1n
effect. II restraints r1sh uuderinl
:, ings and keefs values within ps0sN
= limits. Our government j. stroll
!; aud COMMANDS the confideuce
! the people to 4 Ereaier extent iha
at any previous time ~ its la
: tory
= :. Y. White, In, great broke
-aysI ANY new system OF vdiI
&c lions in commercial affairs alws.
i attended with SOME Fiction Ia
dn-t operatinn. / believe that u
recent tariff laws aTc ON the who
g very wise and that they VIII u
.e ned revision in years, aud Ia
= when the public gels the heafir
IL oiled the new machine viii run vi
a, satisfaction TO cur commercial m'
q and profit to the country"