Middletown transcript., 1893-09-16
rhe date ON the label ON your
paper shows the time to which
your subscriptin 10 paid to
pnorEc.r1oN AND WAGES

It has not been many months since
the very idea of prosperity or Of con
tinued work among protected indus
tries would almost set Democrat
wild. The idea of srobber barons' hay
ing plenty Of work to do was to them
only an indication Of continued rob-
berry upon the part Of manufacturers.
To-day one has but to read the Demo-
cratic papers to see why they put IN
glaring head lines and labored articles
the mere fact Of few mills starting
up, making no difference whether they
are going on half or full time, but the
simple fact that they are working.
Whether or not they regard it
something wonderful for factories to
run under Democratic administration
we know not, but We do know that
never before we're they so eager and
Anxibds <. C make an appearaHee6f pros
perity in the industrial world. After
seeing the discomfort am ong working
men, and depression in capital, they
are now reaping the whirlwind upon
which they did not count. When their
orators and papers in bitter and yindlc-
tive words declared to the people that
the system of protection, which had
built up the magnificent fabric OF Amer
can institutions, was robbery and q
fraud, they did not realize the awful
consequences they were to reap in the
shape of one of the seyerest panics the
country has ever known. And yet 1t
is 50; within six months after their ac-
cession to power we have gone through
a period of financial, industrial depres-
sion that we have not experienced for
years. The anxiety which exists to-
day in both the financial and the indus
trial world is due directly and indi-
rectly to the lack Of confidence which
the people of country have in the ad-
ministration Of its affairs by the pres
ent authorities. Having promised
everybody everything through the
South, West and East, and having
been victorious on account Of these pro-
misses, the Democratic Party stands to-
day against brick wall, for they are
absolutely powerless to fulfill that
which they have obligated themselves
to do, and standing in this position.
not knowing which way to turn, the
interests of the country, which are de-
pendent upon the administration OF
affairs by the party in power, are suf-
feling. They do not know which way
toturn to adjust the present difficulties.
If 1t were known what they were go
ing to do, definitely known, then the
interests of the country could adapt
themselves to the circumstances, but
not until this is known can such ad-
justment take place.
The result of it all will be, a fact of
which we are all cognizant, that the
adjustment means the reduction of
wages of the working-men, for the man
ufacturers of the country must make
their calculations on the basis of de-
creased tariff or of none at all, but as
the major cost of manufactured arti-
cles is due to the high wages received
by workingmen, and as that protection
is to be taken away upon the authority
Of the party in power, the adjustment
m1st be made in the wages paid labor
and here is where the suffering is to be
felt. The ones who voted to strike a
blow at our manufacturing interests
are to-day receiving their reward in
the shape of decreased wages.