Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1892-07-20
TARIFF REFORM NO REMEDY.
Land, Finance and Transportation the Is
sues-Tho TaFiR L. Not In It.

Land, Finance and transportation the Is
suss-The Tariff L. Not In It
An Indiana republican calls upon the
Indianapolis Journal for facts TO put
down those peoples party men who
point, as he says, to the tariff for the
appearance of so many millionaires.
The Journal replies that facts have no
more effect upon third party men than
q ''six-gun battery would have upon
fog bank or a battalion of ghosts
Permit US TO say that the peoples party
has taken no position on tho tariff for
the reason that private fortunes are
being made to-day mainly by means of
trusts, combinations, the monopoly of
gold by Wall street speculators, and
the exploiting of freight transportation
by reckless moqeY-maker<
Take the Journals state, for instance,
where there are thirty-seven million
aires. Eleven of these men made their
money largely in real estate-that is,
by gambling on the probable growth of
towns and sections. Eight became rich
as bankers, thanks to a theory Of legis-
lation that places In the hands Of few
the monopoly of issuing currency. Ten
made their money In railroading, as a
result of the reckless granting of public
franchises to private parties. Others
have grown rich by gambling in stocks
There are in New York city 1.1s7
millionaires, and the number will null
tiply whether we have protection or
free trade. Erastus Wiman, for in
stance, is tariff reformer. He sees
nothing in lower duties to limit the
scope of his speculations. There would
remain to him Staten Island, where, by
railroadipg and real estate speculations,
he made pretty penny. He has won
handsomely also In telegraph deals,
and will doubtless repeat his successes
so long as the business Of communica-
ton and transportation remains in the
hands of private parties; and it will so
remain, we fear, until the peoples party
gets it's growth. Mr.. Wiman is also
understood to have reaped another
fortune in the school book trust, the or
ganization Of which threw hundreds OF
small dealers into bankruptcy and
dashed many publishing houses upon
the rocks He is also a director
in the Western Union Telegraph
Go, and as such would fight
fpr either the republican or demo.
cratic party rather than see the peoples
| aarts In power, commissioned to hand
the telegraph business over to the gov.
ernment to be run by the people for the
people. What folly to talk tariff in
view OF these molstrous perversions O.
political economy expounded by the old
parties!
Take. again, Cornelius Vanderbilt
II asked which he would prefer, a re
duced tariff or the return of RAILROAD
franchises to the public-how could hs
make but one answer? He L. president
OF the Canadian Southern and the Mich
iGan Central railroad, director of tn,
New York Central 4 Hudson River rail
road, the New York & Harlem. tn,
West Shore. the Dunkirk, Allegheny 4
Pittsburgh, the Lake Shore a. Miehipa,
southern, the Chicago, St. Paul, Mime
sPois q Omaha, the Chicago & 81
LOUIS, and other railroads, as well a
alrector OF the Mutual Gas Light, tn
Union Trust and otherpowerful compa
MES Mr.. Vanderhilt is one of tn
r1chest men IN the world, made so b
she direct votes of the people, who FL
legislatures with men bent upon sur
rendering public franchises and fortify
ing the positions Of private trusts
A reduction Of the tariff would pu
premium upon still closer com
binations- An increase of the tar
III would not disturb Vanderbilt
property in an appreciable degree. /