Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1892-12-02
M'KlNLEYlSM REPUDlATED.
Some Sensible Opinions Expressed on tn
Economic Outlook.

Some Sensible Opinions Expressed on the
Economic Outlook.
The Dry Goods Economist, the leading
try goods journal of America, and which
therefore represents the interests of both
manufacturers and dealers in domestic
and foreign goods, does not think that
this country is going to the free trade
bowwows under a Democratic and anti
Mckinley administration. In its issue
OF Nov. IL it comments upon the ''tre-
mendous emphasis with which the dom.
inant party has been cast out by the
silent voters. 1t recognizes that an i'm
portant economic change is coming in
which sit behooves every business man
to seek out if possible the true springs
Of this peaceful revolution, the conse-
quence of which to commerce is likely
to be considerable"
This journal says: cit is safe to as.
sumo that this tidal wave was raised by
combination Of infuences-moral, po-
litical and economical. 1t is probable
that Tuesdays vote comes as a check
evolved in the normal growth of our
nation upon the progress of centraliza-
ton"
1t then recognizes what most Repub-
hcan papers as yet but dimly discern
that McKinleyism has been condemned
in the court of last appeal and must soon
die the death of traitor. We quote
the following from this excellent edi-
torial:
Regarded from the economic side, 1t
seems to us that the country has utterly
repudiated Mckinleyism-not schedule
A, B or c of the Mckinley bill, but Nc
kinleyism. They have condemned the
treachery that after the squarest prom
ises of reforming the tariff downward,
reformed it upward to unprecedented
rates. They have resented the insult to
their intelligence of the fallacies and
misstatements which were offered in
justification of this treachery. They
have repudiated the theory that the pros
perity of this country is best built up by
working as much damage as possible to
certain other countries, and they have
spewed out of their mouth all the preach
ers of the gospel of hatred. They have
denied the right to speak for them of
any man who claims him to be the best
American who is the most hated in Eu-
rope, aud who has done the most to take
the bread from the mouths of laborers
In those countries where lack of oppor-
tunity practically forbids change of
occupation. They have condemned the
man who quotes as the highest vindica-
ton of our recently inaugurated eco
nomic system every failure, every strike,
every famine in manufacturing Europe.
Finally they have contemptuously turned
down the theory that the manufacturing
industries of the brightest and most en-
ergetic OF nations must be kept to eter-
nifty in alright dollhouse to keep them
alive.
In short, it seems to US that McKin-
leyism has gone too far in arbitrary IA
yoritism, in gross selfshness, in AFRO
gance and brazen insolence even for the
patientest, because the largest and
strongest, of nations, so that the people,
rising, have passed upon it the silent
sentence of Punishment. The concur
renee of so many manufacturing and ag-
rlcultural dates in this verdict, even in
Guiding Ohio, which, next to Pennsylva-
MIA, has been supposed to be the very
habitat of the ideas for which the name
of Mckinley stands, renders it difficult
to give any other meaning to the event.
The true policy of the American man
ufacturer is to prepare his business for
free raw materials and duties on manu-
featured goods not exceeding the actual
difference in labor cost between this and
competing countries, and then to use all
his efforts and influence to bring about
tariff revision on these lines.