Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-10-19

was introduced. In the census OF looV tH
true value of the property in the Unitet
ing an increase in these 20 years OF Repub
| lican protection of $50, 0O0. 000,0 000 or owe
double the entire growth in the previous -
years.
We are now able to carry the comparison
| ten years further through the disclosures O
I another decennial census. It appears tina
| the property of the United States has been
| still FURTHER increased in the last ten year!
by $4, ,000, 600 600, making q total increase
| in the 80 years OF Republican rule and Re
publican protective tariff Of 1000. O00,0e(
| against the sl4,0OQ0O0.00O earned IN the
previous $50 years.
Our opponents Join issue with us directly
and positively on the effects OF the present
tariff. They deny that there has been any
increase Of prosperity under it, declare that
wages have been reduced and denounce oul
policy, saying with a sneer that it fosters nc
industry so much as that of the sheriff. II
has been a fortunate circumstance for an
impartial public which desires, above all, to
ascertain the exact facts concerning such an
official duty number of Democratic officers
have since been required to report the
statistics in their several departments bear.
ing upon this subject. Sucn reports have
sioner OF Labor Statistics, the Bank Com
missioner and the Board of Equalization of
the State of New York, by the Chairman OF
the Savings Bank Commission ana the Chief
OF the Bureau of Labor Statistics Of Massa-
chusetts, by the Commissioner Of the Bureau
of Statistics of New Jersey, and by others.
ADecided Increase in One Year..
All these reports tend to show an increase
during the year 1891, under the present tariff.
in wages, in the value of products, in the
deposits in savings banks or in building and
loan associations, and in the valle of real
and personal property, as fixed for purposes,
not Of speculation, but Of taxation. In the
State of New York alone these Democratic
reports, all presented since the adoption of
the Democratic platform, show the follow
ing results: Net increase Of wages, $8377,-
9s5 09. Net increase Of production, $3l, ,315-
lS0 IS. Increase of savings bank deposits,
$l3, ,755, AS "a. Net sum invested during the
year in building and loan associations,
SlS, 7S9,7 ,720. Increase IN the valuation of the
real a. and personal property OF the State,
The official Democratic refutations of the
Democratic denial that the country is pros
porous are confirmed by the personal ex-
perience and observation OF the people at
large. They know that their own regions
are not suffering from general calamities,
tries q re more prosperous than that of the
sheriff; and they may be left to form their
own opinions of the degree Of trust and
power they should now give to party thus
eager to calumniate the country.
The Best Market in the World,
Che market of the United States is the
largest and best in the world. because our
people, in proportion to their means and
are the largest purchasers. The
reciprocity policy SO far adopted by the
party simply provides that
where we now take off duties and give for
eign products free access to this market, we
shall stipulate for corresponding advan-
tages to our products in those markets.
How an intelligent and candid American
can object to this is incomprehensible, but
the Democratic party has formally de-
it as a sham. At the close
Of the fiscal year, in June last, it had been
in operation but a lew months, and under
all the disadvantages attending the opening
OF new lines Of trade in foreign countries.
\ ct even then it had increased our trade
with the foreign countries to which it had
been applied nearly one-fourth. The exact
increase was % IS per cent. Since then
there has been a still greater increase,
on September 1.-The latest date
TO which the official statistics are vet avail
able-to 27.6 per cent
The total values of our domestic exports
to the countries with which we have recip-
rocal treaties since these has been in force
down to August 81. 1892. amount to $l0l 4O6,-
SIG. The total values Of our domestic ex-
ports to the same countries for the cores
ponding period of the year before these
The net value of the ''sham" reciprocity.
therefore, to the United States in this brief
time and during its infancy was $s2, $50 2s4.
A New Trade Bound to Grow.
1t is obvious that the new trade thus
opened, particularly with our neighbors in
Central and South America, is sure of a wide
md far-reaching development. This trade
les at our doors, and is with peoples natur-
lily inclined to friendly commercial rela-
lions with us through kindred interests and
political aspirations. Itfnvolves largely the
OF products peculiar to each coun-
for our CEREALS and vast eds nsw for
he use Of our machinery and manufact-
Tres, and it must naturally bring with it also
IN annual increase OF miscellaneous bust
less between us and them. outside the
articles directly affected by the treaties In
short, it reclaims American business which
'hould belong to us, but has heretofore
crossed the Atlantic, and brings it to our
PORTS.
To abandon this system, which ia ab.o.
utely equitable to both sides, which costs
Is nothing and which brings such results.
would be madness; while to denounce it as
sham is as unpatriotio as it is untruthful.
by it already, and who must see
Is promise for the future, to decide whether
hey should now intrus. the care of it to the
'arty which threa tens and does the other.
Necessity of Solid Currency.
On the subject of the currency, the Issue
etween the Republican party and its on
'onents is almost as sharply defined as on
he tariff. We demand that every dollar
aper, silver, or gold, shall be made and |
ept as good as any other dollar Our oppo. |
ents, while protesting the same desire, de. |
,and that the national bank currency shall |
% broken down by the repeal OF the 10 per |
ent tax on the issues of State banks. The |
Garfield proudly claimed, in 1850. |
hat our paper currency is now as national |
he proposal of our opponets Is to sectional.
se it again, ana thus return to the State
ank system under which it was rarely |
quail to coin, was often at q ruinous dis
ount, and often worthless.
No human being ever lost a dollar or
ank, solvent or otherwise. The
'sses by State bank notes have
,uched all classes and reached every cor.
er of the country. It 70 true that the grad.
al payment Of the Government bonds NAV
,quire some change in tho securities DE-
ank notes: The party which devised the
stem and made 1t q magnificent success
ay be relied upon to meet that emergency
hen it arises: and the one party that as
II is the party which has now formally nro-
osed, as its remedy for the difficulty. a re-
i'm to the semi-barbarous condition Of the
heterogeneous State bank issues before the
ar
Proper solution of the Silver Problem.
There is good reason to hope for some
'actical union of effort for common SO.
tion of the silver problem, with an in.
eased use Of silver, through the renewed
ternational silver conference which the
lse policy Of the present administration
IS secured from the leading commercial
Itions Of the world. But in any event the
untry has learned in all such 0uestiors - |
ust the financial skill and integrity 81 the |
,publican party and to distrust It's op-
'nents.
The Republican party. in raising the FUNDS
pEosecuting the war for the Union, in |
vistng the national banking syetem IN