The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-06-15

One OF the most repTehenslble pre-
ceedinCs contemporaneous with the fnan-
ciul distress We are COW experiencing, Is
the attempt TO turn il into political ad-
vantage. 1t is positively disgusting to
have these political harpies lowering
about, seeking to profit by the tragedy
in which the times are seething. Il re-
minds one of the sncaking robbers who
profit by the slaughter of the battle field
by robbipg the dead, or the wreckers Oh
some rocky coast gloating over the de-
struction Of some once staunch ship be-
cause Of the sroils which the waves cast
up.
The people are but little interested in
political victories. The truth may as
well lie confessed, that it is the emolu-
ments OF office which the party leaders
look to when success is assured and not
the principles Inch receive so much at
tention dining the progress of the cam
paign. The offices are parceled out to
those who have done personal ser ice to
aspirants for high positions, and the
.principles' are relegated to the back
ground. Those who are signing for flesh
pots, and their dupes, unfortunately
many newspapers among the latter seek
10 turn everything into political channels
with view TO party advantage which is
10 enure In turn to their personal benefit.
The present condition OF the country re-
quires circumspect action and makes de-
mand for exhibition OF patriotism TO the
same extent that would be necessary if
we were involved in a costly war. States
marship, not political chicanery, is what
IS needed. People who are either losing
ing their ali IN the general wreck or
trembling lest new disaster may over
take them, are in no humor to have their
condition traded upon that few politi
cal suffers might enjoy the perquisites of
office.
Such general disaster must have its
cause Cause and eject in this instance
are widely separated in time, as what is
sudden is short-hved. That the bust
ness of the country has outrun its capital
seems to be clear, and that the credit sys-
TEN has been strained until it cracked,
needs no argument to secure its accept
ance. Speculation has run wild and
gone far beyond the limits of prudence
Business methods have grown loose
through striving for the large profits OF
speculation. In almost every instance of
. failure the root of the evil may be found
IN speculative enterprises striving to
do on credit what capital only should at
tempt. TO what extent the financial
policy Of the country has contributed to
the disasters Is an unknown quantity
and the equation Is Iudemonstrable.
For tie sake of decency the politician,
IN this emergency should be cboked off
Let him purchase official position when
the times are ripe. but let him not inject |
a miscellaneous factor into deliberations |
which must be calm and dispassionate to |
be remedial. The interests of the coun- |
try demand that the panic be Quoted. |
The people have not been alarmed wholly |
without cause, though their alarm has |
far exceeded the danger. The seeds of /
disaster were sOwn some time ago ard no |
one but # oil will believe that a mnsh- |
rooom growth could have such potency |
OF destructive force, vide reaching long |
continued and with capacity for injury |
greater than the creative power OF the re-
sources il RnnIhilated. It requires the
penetratlye quality Of the astute mind |
and the breadth Of phllosophic one to
learn the causes which have been so
ffultfn! OF dire results. In the meantime
the aspiring politician should be put in
bonds 10 keep the peace. He might lead
the rabbie aud 90 lucalculable damage.
~ plague on both their houses"