New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-19


that year the Republican Protective policy which has
since prevailed was introduced In the OF 1880
the true value OF the property In the United states
set down ut forty -four thousand millions OF dollars
making increase In these twenty years OF Repub-
Hcan Protection of thirty thousand millions or over
double the entire growth in the previous $50 years
We now able TO carry the comparison ten years
farther through the disclosures OF another dccennial
census 1t appears that the property OF the United
states has been sti further increased In the last ten
years by fourteen thousand millions of doars-makng
total increase in the thirty years Of Republican rule
and Republican Protective tariff of foltyfour thou
sand millions Of dollars, against the fourteen thousand
millions earned I'm the previous 80 years
INCREASED WAGES. PRODUCTION AND PROS
PEkITY UNDER THE PRESENT TARIFF
Our opponents join issue with directly ana
positively 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 our policy, saying With sneeF
II fosters no Industry much as that OF the
sheriff. 1t has been fortunate circumstance Tor
an impartial public, which desires above ALL 10
ascertain the exact facts concerning such an asscr-
ton, that In the regular OF their official duty
q number Of Democratic officers have since been re-
quired to report the statistics In their several ue-
partments bearing upon this subject such Reports
have been made successfully by the commissioner
Of Labor Statistics. the Bank Commissioner ana the
BOARD of Humiliation 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 Sta
ustics OF New-Jersey and by others. All these re-
ports tend to show Increase during the year 1901
under the present. tariff In wages, in the value OF
products, in the deposits In savings banks or III
building and loan associations, and In the value OF
real and personal property as hAed LOT purposes no.
OF speculation but Of taxation In the STATE oi
New-York alone these Democratic reports all pre-
scented since the adoption OF the Democratic PLATFORM
show the following results
Net Increase Of wages 800 ''1o oo
Net increase Of production Sloioloo %
Increase of savings bank deposits IS'ooS4e-
Net sum invested during the year In building -
and loan assocaters le7Se,fZV w
Increase in the valuation OF the real and -
personal property OF the SaN-- ..-.it- 100 w
These offcal Democratic refutatons Of the Demo
cratic denial that the country IS prosperous are con
frmed by the personal experience and observation OF
the people at large. They know that thslr own
REGIONS are not suffering from general oalanities'
and that In their communities other Industries are
more prosperous than that Of the Sheriff ana they
nav be left TO form their own opinions of the de-
gree Of trust and power they should new give 10 d
party thus eager 10 calumnate the country
RESULTS OF "suAM RECIPROCITY"
Tho market of the United States Is the largest and
heat in the world because people. In proportion
TO their means and numbers. are the largest pur-
chasers. The Reciprocity policy so far adopted os
the Republican party simply provides that where we
now take off duties, and give foreign products Tree
access 10 this market, Shall stipuate Tor CORE
spending advantages to products in their markets.
How an Intelligent and candid American can oblcct
IN This is mprehenslbe but the Democratic party
has formally denounced II as sham Al 'he cioSo
of the fiscal year In June last 1t had been III opera
,on Int few months and under all the disadvantages
attending the opening OF new lines OF trade III
foreign countries Yet then 1t had increased
our trade with the foreign countries to which IL haa
haen applied nearly one-fourth The exact increase
WAS twenty three and seventyeight hundredhs t~''o
per cent.
Since then here has been still greater increase
amounting September 1.-The latest aa'e 70 "H'@'
the Official statistics are yet avaiaoie-to
twepty.seyen and slx-tenths (27.6) per cent !
ne total values OF domestic exports 10
Tho scoaIIses with which we have reciprocal 'feaes
tince these have been in force down TO August 81.
1892, amount 10 S104, 4O6,51G The total values OF
our domestic exports TO the same countries lot 'ne
corresponding period Of ae year before these Reci,
proci,y treaties amounted 10 S5l,S31" 32. Inc net
value Of che sham Reciprocity therefore to the United
States in this brief time and during It's NANCY was
22569,2 54.
II is obvious that the trade thus opened, par
tcuIarly with our neighbOrs in Central ana oou'h
America Is sure OF wide and farreaching oe
yelopment This trade lies al our doors and Is WITH
ueoples naturally inclined TO friendly commercial re-
ations with US through kindred interests ana poucal
ssuirations 1t involves largely the exchange Of
products peculiar TO each country and needed 10y 'he
q her: II opens new markets for our cereals. ana
vast fields for the Of our machinery
end manufactures and 1t must naturally
hiring with II also annual increase
OF miscellaneous business between MS and
them. outside the articles directly affected by che
treaties In short it rccaimS American business which
sho,id belong us. but has heretofore CROSSED the
Atlantic and brings 1t TO our pors. To abandon
this system which is absolutely equitable 10 both
sides which costs lilo nothing and which brings such
results would be madness, while to denounce 1t as
a sham is as unpatIiotic as 1t Is untru'mul 1t Is
for the people who are so generally benehtng by II
already and who must It's promise for the future
20 decide whether they should now intrpst the care
Of II to the parry which threatens the and does
the other.
ATTITUDE OF EACH PARTY on THE CURRENCY.
On the subject Of the currency. the issue between
the Republican party and It's opponents Is almost
.bsrriv defined as OH the tariff. We demand that
every dollar paper silver or gold. shall be made and
kent rs good as any other dollar. our opponents While
protesting the desire, demand that the National
snk currency shall be broken down by the repeal Of the
10 per cent tax ON the issues OF state banks The
nented Garfield proudly claimed In 1880 that paper
currency Is National as the flag, and every
where eousl 10 coin The proposal OF opponents
1. 10 sectiOnallze It again, and thus return TO the
STATE bank system under which II rarely equal TO
coin was often a rInous discount and often worth
less No human being ever lost dollar or cent
BY the note OF National hank solvent or otherwise.
The losses by State bank notes have been counted by
tens OF millions have touched all classes and reached
every corner OF the country. 1t Is true that the
Gradual payment OF the Government bonds may re
ouire some change In the securities demanded al a
guarantee for the National bank notes. The party
which devised the system and made II magnificent
success may be relied upon to meet that emergency
when II arises and the party that assuredly could
not be relied upon In the matter Is the party which
has now formally proposed, as Its remedy for the
difficulty, return 10 the semi barbaIous condition OF