Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1892-12-07
compared with Gel. .3ar e, fo1s n, 1907 ~, =,
crease of l3.05t l72 tons - low an III
Deposits in Sayinps RapIs

Another InoIcatiUn OF the general prosneri+v
onnfo MI ~ IS iound IN the TACT that the
luhDer OF depositors in savings banks IN
Teased from 6!S $40 in 1850. to ass Sss3 i'm lS9D
IN increase OF 5l3 per cent, and the amount of
70 IN lssV, an increase of 92l per cent In ISgI
me amount OF deposits in the savings banks
vas ol,dS,O's, I4S. 1t is estimated tn 80 per
Sent. OF these deposits represent the savings of
me wage earners The bank clearances for
ave months ending Sept. 30, 1891, amounted to
e4l'ofs'5U.eUS- For the same months in 1892
hey amounted to s45, 5,1se col ,9f7, an excess for
The nine months of 41402ll l3l
There has never been a time in our history
when work was so abundant or when wages
We're as high, whether measured by the cur
Eency IN Wnch they are paid or by their power
20 supply the necessities and comforts Of life.
IL Is true that the market prices of cotton
and wheat ha been low. It is one of the
aIIaVoraole lncjco ItS of agriculture that the
FARMER can not produc n orders He must
SOW ana reap in ignor: the aggregate pro
to the depreciation which follows over 9roStlc,
uon. But, while the fact 1 have stated IS true,
az as 70 the CROPS mentioned the neral average
u prices mas been such as to give to agrlcul-
Gurc falr participation in the general
prosperity. The value OF our total farm pro
at - mas increased from 81 1866, 966 in 1850
I. tT'RNhrV,GD IN ISL rs iuatCd by statisti-
cans, an increase OF - per cont The number
ul moss ;.an ]. lS'l, u2s au,t,liiB, ana their
value S,iu,I 81. 81. Jan / ISL, The number
was '--,EEll and the value 534l l05l.fI5 on
Jan i'tN'.- tEc rumn - on cattle was 36.S15,;4S
ai-fs tte value - 3, ,'-..|S on ,iun. ]. lSq2 the
p
100. II any are GiscoEtentcd with their
sat- s@IaLe nefr; 4 any believe chat the
wages or prices the returns for honest toll
are inadequate, tney should not fai! 10 re-
member tliat there Is no other country in the
world where t., conditions that EN- to them
marc woula not be accepted rs highly prOsp y
GUS The English ag1IculUurist would be glad
TO exchange the returns of his labor for those
OF the American farmer a d the Aianche-tcr
Worknen their wages for those of their fc-!oyra
at ran River. believe that the protective s,s-
TIN, which has now for something like thirty
years prevailed in ou~ legislation, has baan a
mighty Instrument for II 1orlIna,,t OF oar.
national wealth and n IS- % - ri ll aaencyin
protecting TIL homes Of our worsingmsn nom
the the INVASION Of want. hove felt most saisi
tlous interest to preserve t. our F0l'Eing re-, IL
TaeeS OF wages that wOgls not Only .rve C...Y
bread but supply con 1ortsble margin aar
those home attractions aAd fam " c,ta-
loftS anu enJOynentS without which 'lIr
is neither hopeful. nor sweet. They are Amprl-
can clIzens-a part of the great people tor
won our cunSt''s--f u and government were
framed ana m a q II can not hA a .gT
weston VI tina con tuition to So logislatc as
10 preserve IA tnelr homes the comfort, ip4 .-
peh"ence, loyalty and sense of interest in tle
s9V7IHineht winch are essentlal % z "G al,lz. a
snip II peace and which VIII bring This sal
Wart inrone, as in le6l, 10 the defense of tie
Tag when i is assai.ed.
New Policy Introduced.
It is not my purpose 20 renew here the ara
Ueut In favor o. q protective tar # o r
result OF tie e. cent election must be ...e. -.
A. adVlug Introduced nov policy. a. IN @
asSume n We rre~oat taIi:f. c,.nst y. g
upon '-l' iaes nl pro- gC.ion ~ I'D ia repeal ed
and that there ; tr De- h~tit-tta. far it 2
t.rIh law GOA t-rsu S1.sly " th ~.ie .r-I.- ,1
revenue; thar NJ duty is 70 he III -he- becaa.a
q lt'ra ~- ~ j su ouvn an American 30,
or heei tp ia, Sod gv~ o. a .lrrF..n nal *
man, n1- .tuat IL ev,a- case S.. %
a. 'a.i Wl q bring e''' to Is the iS ,ra,sIr5 i1
OF the United states ,he largest returns .--
sen, eLles but between principles, and it wo 4 Q
be oHynsive To suggest that the REVEALING par
y WI i.ot car. y INTO glslatlan ths pr.eIn as
advocated by j, ann fine lecges -.vea 10 .I
repre-entatives a, ,nc last session W .-c. .s .
supposed, even ID ihs opinion OF thejr pro
nu'o'-7 2cgceC C1a,e. and justified only uy tie
tlvs~ We're lot -l gsg.rG ard hat q General r.-
vision could NO tlerc.pre be uadsr..Eou.
1 rerpmueAt, thGa be whole subject of tar j
revision be lt-t.g she iurouiU.r ra-l-rrss / IS
lnattsr W re-re that this wO. K must ha ,.--
lay d for al least three months to- the threat
OF great tariff changes lntrouGces SO much u-
certainty that al mount, not easily esrima-e d,
OF business luao,on and of diminished rTr-
dIucton wa! nee ~Sarily result. It is po
hl', also that tins uncertai=ty T. =
result II decreased revenue from ca.
toms d9Les' Tor our merchants Wi
oil tne prospect o. tsllI re uct'p0s Z. .0 t2s :.-
certainty u I'D NL. u lAeS w ..Es
those who pave ADVOCATED protective tarll
can well afford to have their disastrous fore
casts OF a chang O. policy ,t-.tpt ..nted. II .
SYST en- OF customs 2;.s-Cs can O. framed tia,
viii set the idl' wheels uIt IpGsus Of Europe II.
motion and crowd or ware IS rs with forci s.'
made goods, and AT the same time keep on
own mills busy; that viii give Us an increas- 1
participation IL the markets Of t-n
world o. greater valu, than e home MarHn-
we render; that VII give increased work
foreign worklHer upon products TO Do. CON
sumed Dy our people without aim nlsu1ng tAg
amount Oi WJlk 20 "a. do e here: tEau vrd On
able the American manufacturer TO pay 10 rs
vorEmen from 70 to luJ yer cent, more IN
wages than / PAD IL the foreign MIL and yci
to compete in our Inartet and in
foreign markets Will Tn foreign p.o
ducer; that VIII further redy.ce inc
! cost Of article - wear and ~o5d withoI
reducing tne Wa of those who produce Jnem
that can he a'.ch,a'c'i. after It's effects have
Europe 2s Wei a. y american cities, the au
t-ors ana pT 2lptal- oi l, VIII be entitled TO tht
several experiences of the cOntrasted effects oi
a revenue and of q protective tariff but this
| generation has not felt them. and tine expert
ence of one generation i not highly instructive
! to the next The f,-eT0s of tine protective sys,
! tenn, with undiminished confidence in the prin
( ciples they have advocated. viii await the
results of the new experiment.
strained Relations With Labor.
| The strained and too often disturbed relation.
! existing between the employees and the EN-
! ployers in our great manufacturing establish
/ ments have not been favorable to
/ calm consideration by the wage-earner o.
the effect upon wages of the protective system
] The facts that his wages were the highest paiC
/ in like callings in the world and that main
/ protective duties upon the product of his labor
/ was impossi BILE We're obScured by the passion
! evoked by these contests He may now bs
1 able to review the question in the light of his
J personal experience under the operation of
/ tariff for revenue only, If that experience
/ shall demonstrate that present rates of wages
are thereby maintained or increased, either
absolutely or in their purchasing power, anC
that the aggregate volume of work to be done
! in this country is increased, or even main
tanned, so that there are more or simany days
work in a year at as good or better wages fol
| the American workmen as has been the cast
/ under the protective system. ev eryone will re
/ joice. A general process of wage reduction
/ cannot be contemplated by any patriotic citizer
without the gravest apprehension, 1t may be
/ indeed, believe, is, possible for the American
/ manufacturer to compete successfully with hi
/ foreign rival III many branches of production
| without the defense of protective duties, If th'
/ aay-rolls are equalized; but the conflict tina
/ stands between the producer and that resul
/ and the distress of our working people, when /
I is attained, are not pleasant to contemplate
/ The society of the unemployed, now holding it
| frequent and threatening parades in the street.
] of foreign cities, should not be allowed x
acquire an American domicile-
DEPARTMENT REPORTS,
-I-Ia .~eg