The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1892-09-10

expressing an individual force, and. col
lectlvely, the strength Of the nation. We
are in fact nation Of workers, independ-
enf IN thought and ideas and in the con-
dlnons under which we live. There is
| no parallel for MS in other nations, there
! lore there can be no comparison of our
causes with their results, or the reverse,
but it must be Il plain fact that as we
reduce the conditions here to the level
OF those of European competitors, so will
we reduce ours to the level Of European
prosperity. The workman and the econ
omist who longs for that, needs enlight-
cnmcnt through a term Of schooling un-
der the system he so prefers AS
practical business man. | have
always opposed political tinkernm
with business and finance. believ.
ING that the prosperity Of this coun-
try cannot be improved by Legislation
that brings radical and sudden chan res
| upon any Of its great branches Of EN-
| ployment or trade, and particularly when
| it tends to supplant our own by foreign
| products as does this free wool bill We
need, above all things, pernanence and
stability Of policy, So that we may feel
secure that the enterprises started under
the laws OF to-day will not be icopar
| olZed or annihilated by the laws Of to-
morrow. It is doubtful if many people
have reflected as to what would be the
actual consequences to the business OF
| thi7 country If this free wool and simi-
lar contemplated Acts were tx become
1 taW. deem it tile most reckless lly
| considered and dangerous piece Of com
mercial legislation ever proposed in this
country. The result would be bank
| ruptcy!
| SPRINGER BII.l.S DISASTROUS EXPECTS.
Four hundred millions of dollars Would
| be Il Low estimate Of tile value of Ill the
wool, wool,sn goods and clothing held in
the United States by producers, manufac-
turers and dealers. The effects of the
| Cleveland and Springer free wool policy
| would be to take off one-third Of the
value of III this property. which means
~iping out by the enactment Of law
Of from one hundred and thirty to one
hundred and fifty millions of dollars Of
the assets Of. unitedly one Of the largest
nnd most general trade interests in the
country. | can easily be seen why the
WOODEN mills would stop, and also the
disastrous effects Of such q crisis could
not be confined to that single interest
! They would Immediately extend to banks
and financial institutions, and through
vestmcnt, resulting in general CONNER
cial and monetary disturbance and,
| finally business panic.
The wool growers have been persis=
tently dlnneA with the assertion of the
| free trat}ers that a protective tariff is the
cause Of the decline in wool. II that is
the fact would like it explained how in
tile United States one=quarter blood and
| common woods opened this year from par
| to one cent per pound higher than they
did last year. while in free trade England
the same class Of woods grown there
opened and are to-day two cents per
| pound lower than they We're at the same
period last year. The fact Is hut tile
price Of wool declines because Of the
continued increase of production over
consumption, outside Of the United
States and prices here respond as far as
the tariff will permit. Take off the 12-
cent per pound duty and washed woods
Of this description that to-day sell for 81
cents would not bring over % cents.
HOW THE FARMERS ARE AFFECTED
Farmers who grow other crops than
wool seem charmed with the free trade
music They do not reflect that the de-
| struction OF the prosperity of onr me-
chanieal interests will lessen the home
consumption OF all farm products and
divert crowds to agricultural pursuits.
increasing the surplus to be shipped
abroad and lowering its price. which
would be an additional benefit to the
| mechanical trades Of foreign lands. Free
wool means also free hemp, free tobacco
and every other farm product. AS con-
sistcncy and equity are claimed to be
the ruling principles Of the free trade
partisans, they must also strike at the
sugar bounty, which is the most positive
protection vouchsafed under the MclIin-
ley bill though do not remember ever
to have heard Of any Of the rampant
opponents of that measure having called
| attention to the aid given to this eX
tremcly sectional interest 1t must nat
urally share the fate of the rest. as every
man who has his interest DESTROYED will
strike at every other mans privilege
Philadelphia Press.