The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1893-11-09
THE VICTORY YET TENTATIVE

THE FICIOhI JET 1ENIALIFE
1t took congress nearly three month
to do what Grover Cleveland convened
1t in extra session to do. But tn
work of two weeks has at last beer
accomplished in So days and congress
has adjourned until its regular session
in December The nation will now
rest in peace at least for month ano
wait for the results from congress- long
deferred action. There can be NJ
doubt that these results would have
been much more far reaching and con.
vinoing had the senate not delayed its
decision so long. Had there not been
threat Of tariff interference with
prosperity and had congress passed
the repeal bill in August, three
months before congress could get to
work to furnish Republicans and pro-
tected barons campaign thunder,
there can be no question but that inn
mediately the good results flowing
from the repeal would have gladdened
the hearte of the nation and have sent
thrill OF revivification through all
the arteries of trade. With electrical
rapidity the reaction was felt as soon
as the house rolled up it's splendid
majority for repeal All kinds of bust
ness began to put on steam, but the
senate banked the fires. "Hope de.
ferred maketn the heart SICK A
reaction will now for the second time
set in. But now three things must
fDe considered which will exert de-
terrent influence upon the sweep and
cumulative force of the reaction.
First-There has been slow but
steady gain in business since the
house first put the ball in motion
This of itself will cut off the impulse
of the new reaction and make its
effect less apparent.
Second-The great strain and losses
to all kinds of business and to pro.
ducers especially, even duliug the
period of this tentative reaction, have
caused grave doubts as to the future
and, in the sacrifices made of pro.
ducts have thinped the markets, 80
far rs future gain is concerned, lessen
ing the opportunity for the same.
And Third-While the Republicans
were with the majority OF Democrats
in the economic question of finance,
they are Numerically opposed to all
Democrats on the great party question
OF tariff reform which must next en-.
gage the attention of congress. And
as this will be a fight to a finish on
strictly party lines it may be expected
that no chance will be left unavailed
of by the Republicans to convince the
people of the unwisdom OF mending
the tariff at this time. These efforts
of the Republicans will he made
through financial and manufacturing
centres where they will do theil
cause the most good and be most eff
fective. This will be the most potent
cause opposing sweeping reaction in
business at this time. 1t will be argued
by Republicans that congress will
meet i'm four weeks and that by that
time committee of the house will
have formulated tariff bill which
congress will quickly put into effect
Now, it cannot be prophesied what
that bill will do with your business
and yours and yours. So you mus
stand together with US your Reput
lican friends, and even at the cost {
great personal loss at present, try anC
win victory that will help us anC
you in the future. Right now, they
will argue, on the heels of this lens
depression because of this uncertainty
about money we can use this Uncer
tainty about business TO better ad
vantage than ever before. Let us try