The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1890-12-04

whole country of about 81 per cent, while
the increase outside of the city Of New
YORK was over 10 per cent, During the
month OF October the clcnrings Of the whole
country showed nh increase of ST pef ce;it.
over October, 1880, while sNtside of New
York the increase &as liz per cent. These
figures show that the Increase in the VOL
une OF business was very general through.
out the country. That this larger business
was being conducted upon a safe md profits
able basis is shown by the fact THAT tliere
were 300 less failures W>HoNted lii October,
1890, than in the amt month Of the pre-
ceding yeaf, with liabilities diminished by
about S57, 00O, 900. The value of our exports
OF merchandise during the last year was
over S115, 600, 900 greater than the preceding
year and was only exceeded once In Our
history. About 500 900, 900 OF this rsress
was in agricultural products, Tlp produce
ton OF pig iNnh-hlWhys a good gauge of
general hibsDelity-is shown nv
a recent census bulletin to have been
153 per cent, greater in 1s0n tj,,r IL
1880, and The lon ~ t;aoi ooo INV
| cent. greater, MiniHr IN coal has had M
limitation Except that resulting from inefH-
cioht transportation. The general testi-
mony is that labor is everywhere fully EN-.
ployed, and the rerorts fo. 1he Iost wat
show a smaller nurluer OF r,nhioyus II frccted
by strikes and lock=outs than in any veal
since 1884, The lrnressior IA INA hE;ces ri
agricultural nrodNrts Ina Neon oreat1v ra-
. lieved aud b bouyant and honefn1 tone
| was beginning to be felt nv all onr neonie
These nromisinr innnancss h,Ua hean ~,
| some degree checked bv the snrnrising and
very unfayorable monetary events which
have RECENTLY taken nlacn IL tnothta f.
is erutifyins tn knnw thnt tbeee did NOT
grow in any daoree ont ~ financial reIo-
ti3ns With bnr noon,e or out NJ anv die.
| credit attachef ta o,r secnritios hs1d In
NSAS AA
stocks was caused NV a money strinqencv In
England. not nv any loss ~ ynina ot credit
in the securities themselves We could
not. however, Wholly escone the ijI-erccts
nf n ,ore,gn moms+arw "a ae,t.tIon occon,s
named nv sncb aytre nrd,n arv incidents nc
| aro cter,zad tbis tt 10 not boiieyod nov.
ever tbo+ thasa ayu inc;dan+s ,.h,ct, how,
| for the time %unfayorablv Affected values in
this country. cnn lonr yyithstpn nd the stronr
safe md wholesome Influences which are
operating To give To our neonle nroHtahle
returns in ali branches of legitimate trade
| and industry.
The apnrebension that oor tariff NAV
again and at once he subjected tn imnor.
tant general change, woEii nntnuhtediv
add a depressing inf}nrnce of the most seri.
Gus CHARACTER. The general tariff act has
pnlv nartiallv gone into onerotion SOME nj
its imnortan nj nrovisions he;no linitad tr
take effect at dates vet in the fnture The
general provisions Of the law I'm va heen in
force lace tbon a;wtv aays TIC ,>arn, on.n,
| effect unon trade and nrices still Iareelv
stands in conjecture. II is curious tn note
that the advance in tho nr;cas Of orticles
wholly ma affected Inv tho tariff act was hy
MANY hastily ascr,hed tn that net. Notice
was moi, tn ken NJ the fact that tha camera
tendency Of the markets was inward from
influences wholly anart from the recent
tariff lepis1ation The IN, In rremant ~ m,
CURRENCY by the silver hill %undoubtedIv
gave nm unwar d tendency To trado and ha1
q marked efffct on nrices hut this natnra1
and desired eefect ~ the Give,
legislation was nv MANY orro.
neously attributed to the tariff act,
There is neither wisdom nor iustice in the
suggestion that the subject OF tariff revision
shall he onened before this law has had a
fair trial r. ia onite trne that every tnrig
scheduje Is subject tn objections. Nh nil
was ever framed. I sunnose. that in all OF
its rates and cIassiGcations had the full am
proyal Of even anartv cancus. Such lerisin-
tion 10 always and necassorijv the nrodnct
Of comnromise rs to deta Id and the nresent
law ia mn excention Rnt IN Ito camera
scone and effect T think H. will instifv the
snnnort ~ thosa who bel;ova that An,eric.n
legislation shonid conserve and defend
American trpdn and tho ,v.qes ~ Americo n
workmen. The misinformation as to the
terms of Tho oct which hoe baen co vidalv
Disseminate at home and abroaI will ~
correctaG hv aynariance and tho owl
auouries n G n ;ts raenlts confoc, Il bv M
market renorts' the savinps hanks. inter.
national trada haIonces md the camera
nrosneritv of our naonla Airea1y wa he.
Gin r. heor fron O broad .rd srom o,r enc.
imnortat ions imnntef n the act 10 not insti.
Red. The imnorts nj the nort ~ New York
for tho srct throa weoLs ~ Novan,her
here nearlv = nor cent oranter than for IN,
same ner,od In 1sso1 and % nor cent oreate,
than IN the same neriod of isSa And On IA,
frono boinr ~ oct 70 Ii,,it arnor+, 7 cone
dainty haiieve that nndnr II We sLnli secrrt
a Iarger mora nrostoh,o nartic,nntio,
in fnreipn trade ib,p We have ewar an loved
ard thet ~ snail racnvar . nort; o1 r.
mn rtic;na tio,, in The oce,n carrvino trade n
the World The crit ici sms q, the Nil That Inv,
come tn nc from, foraian sonrces NAV we'll Il.
reiactad for re,,,ana nry Is these c,,ittc,
st1Ief hai,nwa that .ha odon,, nn hv Nc nf !.
fraa Jrnda noIicy nror 20 riy rates ha Win,
raferanca solelv ~ savanna would dtminisi
the narticina 81 thaj, own Countries /,
the cpmmerca ~ tho world thar advocac,
and the nromo, i'm Nv sneech and othe,
forms ~ orpa ized efforts n this movement
among onr neonle il n rare exhIbftion q
nsefn1ness I'M trade. and nm the other nand
If thew sincerelv,heliev TINT the adontio,
soy n nrntectiva tariH noiicv In tbis cnmn.
trv innres tn their nroGt and o,r h,rt. II Is
noticeahIv strange that thew shonld LEAF
the onfcry apa inst the author
ora no1icv 81 bainfni tn their country
men. and crown with their favo
4 those who would snatch from then
a substantial share Of n trade with othe
lands. already inndeouate to their necessi.
ties. There Is. no disnositfon among any O
our people TO promote prohibitory or retail
iatory Ieerislation. onr -noiicies are adontet
MOTTO the hurt Of Others. INT to secure TO
ourselves these adyan tapest that fairly grey