New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1893-08-30
y MIN, AUGUST 1898 WHOLE NUldBE si6 .

TEN must necessarily call halt. If their
goods which they manufacture are to be
in competition with the manufactures
of other lands. where the cost of produc-
1tionis upon . aditferent basis, whose labor
is differently rewarded, as a. matter of
fact, nomanufacturerin this country will
dare to manufacture goods until he knows
the basis upon which his laboris to 90
into the production Of his article of sale.
Until that question is settled, YOU NAV
be sure that manufacturers of this coun-
try will never dare to manufacture more
than the absolute necessities Of the peo-
pie require.
[ will not undertake to dwell at this
present time, for do not wish to confuse
the issue, upon those unfortunate parts
Of the Democratic program which are at
present in allegiance, like the establish
ment of state banks and other financial
measures, which we may possibly have
to struggle with. can characterize in
a single phrase, the cause of the present
condition of affairs. 1t is tie undiscover-
able uncertainty of the future of both the
currency questions and o protection and
revenue tariff. @ ',.t.. =.
1t will be seen from what I have said
that do not regard the Sherman act as,
in itself, alone responsible for our present
condition of affairs; that believe that
the causes of our present disaster under
lie that; that the necessary, stoppage of
hundreds and thousands of mills all over
this country is at the bottom of our dis
aster. Nevertheless, I do believe that
the Sherman act and the accumulation
of silver in the treasury was the earliest
indicator of the disaster which we are ap-
proaching, and that it has played part
not entirely unfortunate in warning US
that we can be saved from still further
misfortune and doubt.
do not believe that the Democratic
congress. even influenced as it will by
the pressure on the part of the people
of the United States, will so revise the
tariff that the workingmen will be brought
back even to the condition of the work
men under the Walker tariff, but that
there will be doubts and difficulties and
reductions have not the slightest doubt.
The capitalist has met with his misfor-
tunes. He has seen his stocks, his bonds,
his holdings, and he will soon see his
real estate reduced beyond any fear
which he entertained a year ago, and in
due time will come the reduction of wag-
es Of the laboring man unless by good
fortune the laborer by demonstrations
on his part should show that he under
stands this question in such fashion
that he will refuse to allow it to be mis-
understood by his member of congress-
Referring to the new political condi-
tions which exist, Mr.. Reed said:
1t is perfectly true that the Democra-
tic party is responsible for whatever oc-
ours in the future, and whatever does
not occur. They have the president;
they have an enormous majority in the
house of representatives, and they have
the senate to themselves. For the first
time in 80 years they have been removed
from the low level of a criticism of the
acts of others and have been lifted to
the high level of responsibility and of
performance. It could not be expected
that they would change their nature in
the twinkling of an eye. Elections might
put them into power, but only the lapse
of time can give them the proper sense
of responsibility. The time will come
when the Democratic members of con-.
gress, instead of disputing with each
others what the Democratic platform
means, will be disputing with each other
as to what the necessities of the country
demand. Until that period of response
bility shall fairly rest upon their shoul-
ders, and also afterwards they can rely
upon the assistance of the Republican
party in the minority as they have relied
upon them in the majority, in the direc-
ton Of sound government of responsible
lity and of honest administration Of af-
fairs.
! am sorry thai we have not been per-
mitted to exhibit our wisdom in the
way Of amendments; that we have not
been allowed to take the vote Of the
house as to various propositions to meet
this affair. which would seem satisfactory
to us. We are confined to those propo-
s1tions which the whole Democratic mar