The advocate., 1891-05-27

were the great particular Ills that dis
tress mankind and coming either Singly
or collectively they were q literal Pan
dora's box.
But here comes o business, commercial
national banker, in the great kingdom OF
Texas, from the southwestern portion OF
our country, who deliberately declares
that there sis not such menace to free
institutions and to popular government
as the organizations that we have today
Of labor against capital"
Why, ex- Congressman Miller even sadly
complains Of his last years Democratic
state convention in Texas, because 1t was
foolish enough to resolute against the ma
tional banking system, which "only pre-
supposes the existence of q national debt"
which sis no class privilege, for any
five persons can put themselves together
and organize national bank"
A counterpart of the foregoing delecta-
ble doctrine may be found in Whitelaw
Reid's New York Tribune of May 10,
1891, which sustains the twin-companion
Of the political fungus-the national
banking systemic wit, the beatifc
Mckinley act of October l, 1890. Here
ls the matter:
The new tariff has been winning favor. It
has been o great revelation 20 millions of
voters to discover that prices Of neCessaries
Of life affected by the tariff have not been
enhanced, that nearly all articles of that ma
ture are already so far supplied by domes-
tic production that the duty does not affect
the price in the least, and that the foreign
producers have been obliged in almost every
instance to reduce the prices of those articles
which were largely imported and on which
duties were advanced, thus paying the addi-
tional duties themselves. Facts Of this ma
ture by the thousand come to men in their
daily experience, and they produce power
full impression in favor of the protective
policy. great army Of voters, who were
cheated by false statements last November,
have found it out and are justly indignant.
In almost every part of the country, more
over, new factories, shops, mills and mines
have been opened, offering employment to
more workers on account Of the better pro-
lection secured. The people all around
every such new center of industry are noting
the change and learning the true cause.
Another influence Of great weight for the
Republican party has been the financial un-
certainty, calling attention constantly to
the wild and dangerous schemes against
which the country is protected only by a
Republican president and Senate.
Experience since last November has taught
multitudes what free coinage of silver would
mean and how it would affect their interests.
The depression in many kinds of industry
and trade which immediately followed the
triumphs of q Farmers' Alliance with the
Democratic party in many states and the
election Of House overwhelmingly Demo
cratic, made men appreciate the fact that in
such an alliance there was great danger to
all business interests. The outgo of gold,
whether due in any measure or not to appre-
hension of bad legislation next winter, has
taught men how easily the nation might be
deprived Of all use of the money current
throughout the civilized world, if the power
to meet such emergencies we're not intrusted
to q competent and strong Republican states
man. Through both the fortunes and the mis-
fortunes Of the country, its triumphs and its
anxioties have combined to show how neces-
sary to it's prosperity is q resolute mainte-