The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1893-05-18

commercial and financial circles. This
is natural consequence of the political
condition of affairs. We are not of those
who wish the country harm in order that
the Democratic policy may be proven
disastrous. Such feeling puts parti-
sanship above patriotism. We wish the
country no harm, and while we conf
IDENTIFY believe the principles OF the Re.
publican party are correct, we trust the
Democratic administration may not be
fraught with evil. However, it follows
naturally that such decided and com.
plete change in all branches of legisla-
tive and executive government as took
place last fall must unsettle matters of
accepted policy more or less. Especially
is this true where distinctively Amer.
ican policy is succeeded by one as dis
tinctively foreign-one to which foreign
gold very largely contributed, and over
which foreign cities and foreign manu-
facturers rejoiced with a tumultuous
joy not exceeded by that of the success
full party in our own country. Such a
state Of affairs begets apprehension all
along the line of home interests. What
means the betterment of foreign indus
trial institutions, means also a cores
ponding depression to our own estab-
lishments with reduction of time or
wages to all their employees, This has
the effect OF causing our manufacturers
to move very cautiously, producing only
enough for present demands. The
chances are that the Mckinley tariff will
be succeeded by one fashioned for the
foreign producer. Then we prophesy,
what we do not want to see, general
season of distress to all our industrial
classes. On finances, there is an equal
uncertainty. The old and rigid rules
by which the Republican party has
made every dollar of the nations eight
distinct kinds of money equal to one
hundred cents, ano the Nations credit
the best in the world, are likely to be
abandoned. This fact begets lack of
confidence amounting to serious ap.
prehension in financial circles and the
almighty dollar, the greatest coward in
the world, is already hurrying into the
inaccessible corners of seclusion, from
whence it will take careful management
to coax it forth. p
There is also disposition to destroy
as far as possible the great pension sys-
TEN, which, like the blessed clouds that
carry refreshing rain and life over all the
land, have been contributing here, there
and everywhere to the volume of cur.
rency, which has maintained the throb-
bing life of enterprise. When the dol
lars of the capitalists are locked in their
iron vaults, and the dollars of the pen.
sioner are Withheld in the treasury, and
the government forces are cut down and
the wages OF those retained are lowered
then where are the financial supplies tc
come from with which to replace in bus
mess circles the funds we have lost
Certainly not from foreign countries, fol
revenue tariff means, if it means any
thing, that, in return for the insignifi
cant help it affords on national taxes
we shall send our money abroad in un
measured quantities. Neither can W,
expect to recruit our wasted strength
through the help OF the armies Of work
men who used to file out OF our bus,
factories. Those men will be trampin,
or farming or working for less than hal
their present wages.
But there is lack Of unanimity in th
Democratic counsels. The only prevail
ing element OF cohesion is The appetit
for spoils. This element working u
ward the disintegration OF one party an,
the soliditication of another has by il
negative and positive influences accident
ally placed in power party which onl
u ,es its platform as campaign rafi i
be broken up and abandoned as soon a