New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-09-13


December 18th, Is9a
x in the manner Sa' Of living '0 Such change
you'd c sysy w nU be- IN sms o res We
have a slight foretaste of the coming change now
What w lne in the sbon Ts nrsnt us from
adopting the degrading fallacy Of free trade When
try. every industry mas been parayzeu every nrt
has suersd except that Of the nsovsnt cOnry
God 1t may not be advanced in your time or mine
Has not the fear of its coming filled the country
Pit it is said ut has not come That is true,
but that it will come we have the assurance OF the the
Democratic Administration and the promise OF the
Democratic candidate for Governor; Now II they
slider if they viii only the country that this
deplorable change Will not come they viii M tine tne
fathers and sons and brothers are idle waiting for
for the spindes to hum in our idle factories But
they say The Republicans are responsible tSr All
this that Is their legisa which mas progesea
IT," II that be true the Democratic parry owes "a, a
to na he s ssf ana the
said in his silver quoting from t arCtne VINO
gives xiv quickly" And # they believe that the pro
tective tarin law OF 1870 has produced the condition
prevails. IL f. their imperative duty without de-
bate discussion. to repeal 1t at once II they are
y Win the " people They must stop playing poll
tics and enter upon the serious execution 3i grra
10 the people were necessary to their well being
ait IL is true that our protective legislation still
stands. but the Democratic party pedseu
f 70 r, ana robberv and the eliminating atrocy
Of class Legislation. They have gone so Jar as 10
as hey ntepre IT, was decree to tear up
protection root and branch. IL that not true? II
So then the commonest instinct Of business pru-
dence demands the business world to take notice
They have done IT, and the present condition OF the
country tells the rest When man is sentenced
10 be hanged ne suffers all the tortures OF death be-
fore he has ever seen the halter and me most reGk
the death which IL 10 ensue.
YES. TOUCH or FEAR"
Senator Rrlce In a speech made on the 9th day
Of January last at the Jackson banquet held In the
city Of Columbus. responding to the toast The
Democracy and the Business Of the Country stated
the case not fully. II is true but as near the
truth his vision could compass at thdt Vfhe'
lie said
Nj President: You have indicated the toast
,gncd me- apprehension to The srets Of Demo
cratic Administration upon what J. called business "'
upon ba-inc-> Interests AMI first, let me 'aY That ai"T
the 4th o MaFch the Democrspc Pae'Id'nt VIII t.
.urportsi by D.ociaiic majority Ia both branches of
the National LEGISLATURE The Mmll .'tailoh WILL IN
edition. have thS moral support which come, from
know edge the part u the whole p'op" Irrespective
Of party o. .econ that tho election was fairly won. That
the victory wa un,ei al aud overwhelming aud We ar
entitled 70 put ino operation the professions Of ath nl"
which We made preceding canvas We know that
lat twenty years ~hat called tn" business interests
hive been too often successfully persuaded that Demo-
,fiir meant the triumph y IN di-"f@'l""e
force. II ,orley aud the injury or destruction Of h' Ten
der ond delicate fabrics credit aud enterprise that have
Luiif up such empire IA Ohio aud the whole NORTH
west Territory. and Their. il, perhaps in the miDds Of
come DomociaI. themselves touch o. fear i"'t some Of
,ho pe.ua on- and predictions may b. TO greater OK
lr.s rNt~nt well founded
That touch Of fear has been universal; don't
.
I have onlv one word sny this. do not pro-
40. +, d.,uss tbe question Of whether the Government
-bond attempt - bud up American INDUSTRIES
- any Aud bv the -" ~ it, taxing "rr-o"can'" ha'
ou.-uon ha- answered BY IN" American people Tor
the pc,ant a, least their verdict must be carried INTO
execution.
The Democratic theory Of taxation must be car.
led into execution. II IL that which has alarmed
the people and we'll 1t may
rut -one u our ohio friends ask me this Judgment Is
Il, &c. exactly tlriny speedily; II II j. to u" de-
.rrct,c to present EXISTING business ana bar NOR" or
~.. &, n5w entorpfl,e- speaking from my own indi-
,iduol opinion from own experience in the business
world -sy confidently danger OF any d",truc-
ton vi-ca 5ouG i77-.bly come ha- already arrived
THAT was uttered in January. 1890. Much has
come since: the January condition was zephyr
compared with the cyclone which has since been
felt
ANY bar which could ever be in'rp,scd Is already here
=, vond f. 80 auick ~ the world TO discount
future dangers.
True and that Is exactly our present trouble
What AN enormous discount I'm the values Of all
business properties and investments the dangers
70 be apprehended from the victory Of 1892 have
produced.
the PROPHECY AND It's SEQUEL.
~ the falntc,t drliac Of trouble tn sh''> Is
received and ,art,d every ba1ch Of the business
world All your danger. from the revision Of the tsrn
nd far "A Il.
Legitimate enterprises concerned the revision Of the
iarn may rrocccd Msrrh 1898 or In September is95
OF 1884 without the slightest shock to the business "od
except g. tc few individuals corporation, who may
be,e some undue which they Hi' htflNng To
,,oong / do not need that certainty l. OF the
essence Of value. We now have certainty upon which
10 bn. our business, certainty that taxes VIII b. alf ana
equitable that shall he given an ad'"nag" over
another bv Law with this certainty Values viii APP
,rcei,te and hI,no~. prosper. far thc business,
enterprises concerned, the effects OF
rsrr or by revision. l speak the judgment of the
financial world when / say that You NAV proceed a.
speedily or ~ csucly full consideration Of the sub
jcct will permit ana that bankers VIII 'nd' ana IN
,,s,or. Will buy active, on'rrsing men Of this
or other States Will embark In enterprises with more con
ndeucc with a grader feeling Of security ana upon u
HIGHER plane confidence and investment from the 4h OF
March nest any time within III" pa history
Of State.
This is Calvin Brice in January What fail
ure Of prophecy, Let Inc read from Grover Cleve-
land In August:
With pcntous crops. with abundant promise Of re-
muncraiiye production and manufacture, with unusual
invitation To ssfe investment and VITA satisfactory asur
anee cuisines, enterprise suddenly nnaicla dlsu>t ana
fear have sprung up every side
Is IL TO be wondered at that business men with
large capital invested making ready for the
change to which the Democratic party Is pledged.
which shall give no heed to invested capital and
no care to the labor employed in the great indus
tries? Win this great industrial State. the fourth
In the Union so record It's verdict next November
az 10 drive other thousands Of its citizens out OF
employment, bankrupt hundreds more OF its busi-
ness men. and away its own interests. by en-
rouraging the National Democratic Administration
10 execute its pledges?
We never had greater prosperity better en-
IL. fIlAr fku - H.. In II