Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1893-08-04
FIVE MONTHS OF RRLE
BY the Democracy-A sew Hav
Wan Reviews the situation.

Wan Reviews the Situation.
Tothe Editor Of the JOURNAL AND COURIER:
The persons who clamored in the last
presidential election for change from one
of the best, most prosperous, and purest
administrations the country has ever had,
may now claim the shadowy realities of
that victory, as the result of their personal
effort aud ballot.
No supporter of the present admins
tration need try to dodge the responsibility
for the existence of the glowing times upon
us, and of the dark clouds now hanging
over our commercial horizon. With less
than five months of actual democratic
supremacy, the financial and commercial
lines OF the country are from the sunshine
of prosperity and hopefulness, to cloudy
I salities and gloomy forebodings. The
country Ia in the throes of financial en-
barrsse,nent and there can be no disguise
ment of the fact. President Cleveland
realizes the situation and the wall comes
up from the white house and kitchen cab
met in the following proclamation.
EXECUTIVE MANSION,
WASHINGTON, D. G. {
Whereas, The distrust aud apprehension con
corning the financial situation which pervade all
business circles have already caused great loss
and damage to our people and threaten to Grip
pie our merchants, stop the wheels of manufact-
ure, bring distress and privation to farmers,
labor; aud,
Whereas. The present peri!ous condition, etc.
The president and his cabinet see the
change and take in the situation as one of
the consequences incident to the election.
More national banks and monied institu-
tons have failed and closed their doors,
more manufacturing industries have been
abandoned, factories stopped, furnace fires
Atinguished, business houses failed, mines
closed, under the present four months of
the Cleveland administration than under
| the four years of Harrison's administra-
| ton; and the end Is not yet. A feeling of
insecurity, unrest and distrust pervades
| phe country all along its commercial lines
and business centers, and 30 serious ia the
| outlook for the future that the thoughtful
l of sill parties Except the new recruits CT
| Office holders and Office seekers) are begin
| ming to feel how futile, deceptive and IN
| Trustworthy are the promises Of democratic
| orators in the last campaign that led to the
| change of administration.
| 1t is under no act of republican rule that
| created the mischief aud precipitated the
| financial blight upon the country.
| 1t is feeling of unrest and want Of con-
| fidence in the Cleveland administration
| which pervadss the thoughtful of all par
| tiea. l believe President Cleveland to be
politically honest, but he is in Delilas
| lap, with his locks shorn, and he can't rice
| to break the wyths that bind him.
Hayssed representatives, with unken pit
hair and struggling locks, have come to the
front on wave Of political fever, and Mr..
Cleveland is powerless in his surround
inc THO ra0rIa EDnuy onI
holdings of the future. The ship of etate
is fouadering in tempestuous sea amid
financial breakers In cloudy atmosphere
and uncertain realities. The democratic
hulk is unseaworthy and unsafe in it's
freightage of responsibility, and the crew
mutinous.
1t is idle to lay the result of financial
endorsements of the country to the Nc
Kinley bill. Under that tariff the country
thrived beyond all compare. Oar enter
prises prospered; new ones developed, Ia
borers in demand, wages good, industry
rewarded, capital abundant seeking new
channels for investment and reward.
The repeal of the Mckinley bill will do
no good, but will further stagger and
dwarf the industries of the country, en-
gender idleness and distress in the land,
with no outcropping advantages.
The repeal of the Sherman law will not
help the country or the silverites who
clamor for it's repeal. Its repeal will fur
Their depress the price of silver in the mar
ket. Under its repeal the thousands of
tons of silver bullion now In the vaults of
the government will be coined before new
purchases are made. In the interim the
mines must be closed for want of govern
msnt demand, which hitherto has kept the
price of silver above zero market.
The financial stress of the country is
not owing to the want of currency to do
the business of the country. There Is at
present more money in the country than
is needed for its business wants.
Owing to distrust and mistrust of the
people in the administration to grsple with
the grave considerations that confront 1t,
capital is locked up in secure vaults rather
than putting 1t out at venture in foggy
atmosphere.
Meritorious aud hitherto thrifty enter
prizes are lsnguishing for want of con-
fdence in the administration, and the lack
of confidence is not confined to republican
antecedents, but democratic and mugwamp
as well.
1t was mystery why wage earners un-
der the Harrison administration, the most
prosperous era they ever saw, should de-
liberately vote for a change; but they did.
They have got it with enforced idleness
and distress as the result. Clevelandites
take your medicine as prepared by your
chiefs, even though it be as bitter as gaul.
Accept the consequences of your ballot and
feel assurance that the victory is yours
and that you are better off under a cloudy
democratic rule than under the bright sun
shine of republican prosperity, which has
blessed the country for more than quar-
ter of century. + predict no substantial
benefit to the country by legislation from
the incoming congress. 1t will bs stormy,
acrimonious and futile of good results. By
the way, Is not this good time for the
labor element to strike for higher wages
and better pay2 L. E MUNsoN.
Married In Paris.
The wedding of Edward E. Swift of Nor