Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-06-17

al ra-patriots want America to Ego II
alone" on this question, and their
opponents consider international
agreement as an absolute essential
In regard to any change. Import.
ant, however, ne this bimetallic
question lie to all concerned, the paper
or Hat money men think that the
precious metals could be largely
superseded by the Issuance Of "goyern-
mental promises TO pay, "making these
The universal medium for official,
pensions. and other disbursements,
and receivable for duties, taxes aud
other Internal Obligations. More
money Is what IL wsn,oi, and that
prosperity which ensued for some
YEAR, after the closing VI the war IL
approvingly presented as can object
lesson" which cannot be disregarded
or Ignored.
Financial uncertainty Is held to be
a natural outgrowth OF prospective
tariff tinkering or revision. The party
In power !, IL claimed are committed
to this, friend and foe alike urge the
necessity for action, though for widely
different reasonH. A special session Of
Congfess 10 pressed, almost demanded,
that policy may eliminate In added
glory, or In ignominnlous defeat; but
President Cleveland appears as i'm.
potvious 10 friendly assumption Of
what should be done, ~ he is TO the
sneer Of hostility and undlsgulsed op.
position.
Trusts have come In for their share
Of denunolalion as promoters OF nc.
knowlsdged conditions. They are ad.
mittedly able to hiiiion and sustain
prices, but this very fact Ia used to
prove their responsibility for that
alackness Of demand for articles which
they control. Curiously enough, while
these trusts have been thus denounced
for combination, or rather for limiting
and 70 making profitable tho output Ia
certain lines, over-produotlon has been
looked upon as tho one cause Of In.
activity, ny some opponents Of trusts.
Certain II Il that industries thus
inordinatoly protected have invited
rivalry from individual capitalists, aud
dissolution or dislntegration OF the
former In hosts Of instances has
brought IL Easter to this latter.
The stringenoy Of the money market
is made responsible for tho sus.
pension OF building operations
throughout the country. No European
market for wheat has reduced iis price
In grain centers below the record Of
many years, and weather conditions
arc said TO have "curtalled tho dc.
mands Of farmers and nattonod the
market for agricultural implements. -
The low prices Of wool aud lead, two
great staples Of western and national
production, constitute In some minds
the chief cause Of much Of the present
unweloOme conditions. Even tho
Wofli's Fair receives the anathemas
u a few business men for diverting
rom Legitimate channels the vital.
izlng currency Of the nstion and its
separate localities.
Stupid "a II may seem for a drowning
man to catch at paltry straw, tits
futile character ia equalleJ, nay. eE-
ceedod by ths nRrrowness Of theories
and views 20 inefficient for 20 wide.
spread features Of inanitlon in indus.
tries and trade.
IL It not possible without any desire
to multiply or miJudge cause and
siiecD that there Is at least ons more
reason for this everywhere asserted
stagnaiion, and that none Of those
enumerated are more than partially
responsible? Can It DO said that pru-
dence and economy are national or
even local traits? Have We not over.
estimated our Resources, entered upon
many exiTavhPancrs, presumed too
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