The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1893-07-15

OF trade, and the country will reap
the benefit.
The U. s. steamship Monterey is In
the harbor at Astoria. Thanks to Re
publican craftsmanship we have
navy now of which we need not be
ashamed. The iron ships which float
the stars and stripes are far different
from the old wooden hulls which con-
stituted our fleet.
The special session Of congress,
which will convene next month, will
either make times better or worse. If
the tariff is not repealed and the pur-
chase of silver is stopped, business will
again revive; on the contrary, if the
Sherman act is continued in force
and the M'Kinley bill is repealed, then
"look out for breakers. "
The reports from New York and
other money centers are more encour-
aging than they have been for some
time With the approach of the
special session of congress, and the
hope that the outflow of gold will be
stopped and the tariff not repealed
business promises to be brisk. The
country cannot prosper under the CHI
cago platform, and the expectation
that This will not he endorsed by the
Democratic congress is re-establishing
public confidence.
The policy of Mr.. Cleveland
has not been such as to increase :hA
respect felt for this country by for
eigners, and especially Is this true IN
Hawaii. Mr.. Blount has not man
aged affairs in those islands so that
the interests of the United States have
been properly protected. Wheh Mr..
Harrison gave up the reins of govern
ment this country, in its foreign rela-
tions, was on a firm basis; but since
the Inauguration of the Democratic
president this has been decidedly weak
and vacillatlng.
France never has been successful in
her foreign acquisitions, and her at
tempts in this regard have cost her
dearly. Driven out of Canada by
England, supplanted in Egypt by the
same power, her armies defeated in
Tonquin, the Panama canal a gigantic
fraud, and London dispatch dated
yesterday says she is about to have
trouble with Siau. The eagles of
France were nearly always victorious
under Napoleon; but the tri color of
the republic has met defeat In almost
every country.
The cause of the present situation
regarding finances and business may
be summed up in few words-the lack
of confidence In the policy of the pres
ent administration. If the special ses-
sion will heed the lesson of the last few
months. Democratic members will not
attempt the Inauguration of the doc
trines of the Chicago platform, and
financial centers will become sound and
business will revive. There will be
confusion worse confused" if the Nc
Kinley bill is repealed, and more indus
tries will be closed and more 1aborers
thrown out of employment.
The mine owners of Colorado are
threatening war if congress does not
pass free coinage bill, and talks
of rebellion have been freely INDUCED
in. Of course, this is mere effervesc-
ence, and will soon pass away without
any result. Colorado may consider
her silver mines as her great means of
wealth; but the United States cannot
alone control the price of the metal,
and any attempt to do so only works
Injury to the entire country. That
state must rest satisfied with whatever
action is taken, and should not be so
selfish as to favor jeopardising the
financial interests of the country TO
build up certain industries within her
borders.
While the repeal of the Sherman
law may stop the outflow of gold from
the treasury, yet to establish public
confidence and give buoyancy to the
produce market, the special session of
must demonstrate the fact
that the Chicago platform will
not be endorsed by the Democ-
racy. The people are suffer
ing from uncertainty regarding the
future economic policy, and this must
De driven from the public mind.
Whatever verdict the voters rendered
ast November there is no mistaking
he trend of public opinion to day, y,and
hat is in favor of the SINGLE gold
standard and strong protective tariff
'or home industries and products.
1t has the effect to change the mon
,tony of constant discussion of the
financial situation to read of the usual
or revolution in some of the
South American republics. The lat
,st news in this regard is the bonn
,ardment of town in Peru, and it
nay be expected that a change will
DON be effected in the present form of
These South Americans
must have variety in political affairs,
otherwise they are not happy; but the
liver question does not claim much of
heir attention. They have no time
or discussion, and when matters do
ut suit them, they raise revolution
nd spill blood.