New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-30
NOT 4 FAD OLD YEAR.


a keen remembrance of its losses ana ms
fortunes, and too often 1orgc1ulheSS oi itS
benefits and its progress. Probably at TINS
time most men are thinking OF the u!liS Scdl
as one which has been not little churllNh ana
unkind in its treatment. \ ct 1t may be tha'
the wear 1890 will long live in memory as one
Of the most prosperous and progressive years
in the whole history of the country. Inc Iat-
fer mart of the year has indeed brought dc-
feat 10 many in political lie, and disaster to
many i'm business. But there are some defeats
which SOW the seed for greater VIctoIlcS II
thc los,c, of some are remembered the remark
able progress of the country as Whoe must
not be forgotten.
I'm the wear 1890 the United States made
more iron and raised more cotton than III any
u,cyious wear. For the first time, 1t i prop
,hlc this country has surpassed Great britain
in produc,ion Of iron, and that tCo without
the stimulus (but burdenJ Of exceptionally hl@h
nricc,. which ha, so often brought speedy re-
action to industries in their hour of greatest
triumph On the contrary, the price @! IRON
has been exceedingly low, even when the pro-
duction was AT II, greatest and the cohSuhP-
ton has been greater hy far than IN any pfeN-
odS wear II cannot Yet be- sad that the WOOL
len manufacture j, accomplishing more than III
any pro,ious year. but those engaged therein
are confident that they are entering upon
period Of uncAampcd prosperity. Inc cotton
manufacture and the boot and shoe manufacture
have both surpassed all previous records WI'hIh
the last year. and the same may be Nali ol MINOR
industries in great number. Thus the con
sumption Of copper has probably been the great
est ever known in any year, and Of silk ana
If hemp and It's substitutes. The Building IN
dn>trc, have made wonderful progress, ana 1t
+, highly probable that The production OF the
procio,., metal, has been greater than IN any
former year
At first thought the greatest q all industries
appcns TO have suffered severe setback.
Though tho crop of cotton grown this year has
been m. largest ever raised the loss "i some
other crop, ha, been heavy. BIT bad season
docs not stop agriculture nor does ii cycn tcnd
"a arrest the progress of that most necessary
Industry. ON the contrary, the exceptional!
high prices which are apt to follow partial iul-
ure of crops. and have followed tins year al
way, stimulate - an increase Of acreage, ana
# the same tim, insure larger returns FOR the
quantities raised and for the surplus brought
over from previous years. The marketing "I
animals has been on a larger scale his ycal
Than eyer before. and many OF the minor agil-
cultuial products have been increased Best OF
ALL agriculture has secured FOR th" fist time
thar defence Of law against excessive lorcEn
irnup"ti'i,n which il ha, LONG needed
The enactment of law which has begun
l3.rcIly 10 stimulate enterprise and production
in many forms throughout thc country. with the
change IN legislative method, which rendered
that enactment Jess dincu.t have been uiumphN
If iar-reaching influence. Blind and bhndci-
ing opponents of Protection $50 only the al
verse votes in November. and do not see that
the Protective system Is even now striking ltN
roots deeply into new sell, and winning IN"
lattachncnt and devoted support OF mu.tIiudcN
who never before have realized lis dement's.
Within another year. it i, reasonable to h"rc
rhi, one victory will be found the source OF
greatly increased strength for those who were
WISE enough To- servo their country without
fear. - the necessary chang" OF rules III the
House will be better understood when another
Congress tries ~ transact any business without
tic new rules. Even the political defeats OF
the wear. if they bring 10 sharp practical trNt
the monetary theories of men who have hoped
for impoSsbilitieS from legislation. will pre-
pare the way for many years OF wise action.
The volume OF business, transactions during
| the wear 1890 has been considerably greater
than in any year preceding. In domestic trade
the increase over any previous year has been
about # per cent. or about onc-ninth. won
| dcrru advance for single year In iorclIn
| trade the increase over any previous year has
| Lccn more than 100000 600 IN the aggregate,
or not far from per cent. MI this has been
accomplished in 1880 in spite oI much cmbar-
ra>>mcnt and hndrIncc during the lat two
months which, it is hoped, will prove but
| temporary.
| To David Il. Hill: If YOU 90 fooling with