The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-07-13
RElp.S ROTTEN RANT.
rne Ex-Cxars's Ciratory Ideas ON the sii'
YER Question.

,oa In his bonnet its bu2zing Interfere,
with and prevents that clear concep-
IAN of cause and effect and Of condi-
,i,ns which should distinguish an a.
nirant for SO exalted a station: and IL
also fleets in q singular manner the
ontic nerves. causing them To present
81 the active brain distorted picture
AZ things and their relations. 1t is
.nly on this theory that one may nc
coant for this a5~.rAAcy so conspicl-
Jus in 50 many of these ambitious ~
triot, We might citc distinguished
instances Of this frv.l our history but
theprcsc..,tA.-ch CROUCH and we need
not point To any other than Mr.. Nc
kinlev. who insist, that the foreigner
pays the tax: to Mr.. Bland. who insists
that as Adam dragged humanity down
with him into sin. 50 silver has pulled
the values Of everything down with il
in it's decentralization.
Hrt equally prominent with any in
the present or the past who have had
the wheels in their heads set in mo
ton by the busy presidential bee. none
Is more. few SO conspicuous as llor.
Thomas Bracket Reed. of Maine. Mr.
Reed il II stanch protectionist, one Of
those who laughed scornfully at the
reciprocity dodge OF Mr. Blaine as
delivery 20 the enemy of the keys 20
the -atc, % the fortress of protection.
Eut Mr. Reed sees that Mr. Mckinley
has dead cinch on the single question
OF protection; that there Is n decidedly
silver lining to the clouds lowering
over his party: and he fancics X he can
couple silver and protection and re 81
rrocity he will have three trumps in
his hand to McNinley's one. 80 we
have him in his noted interview bolAly
announcing u new policy. in which he
proposes to drive protection, silver AID
free ira e tandem. They are Mtt.e
cattle. ARA we shall watch with inter
est .lr Reads handling of the ribbons
over his will! team.
Ist there are some fallacies in Mr.
Reeds statements that are too PLAIN {,
be hidden under any gauze of rhetoric
lie may have at cofnmanl. Dac of
these l., the effect OF the dcmoactiza-
ton OF silver ON the exports OF the Sill
yer using nations They have been
vastly stimulated BY crafty merchant
men. who bought silver bullion al it,
market valve. took it TO those coun-
tries. converted ii into coin and bought
produce with the coin at its fac- value.
making profit which they either
poc,sctcd or shared with the consumer
IN reduced price. This was not an
original discovery of Mr.. Reeds; we
remember that senator Davis IL ade
something of the same statement ia
his opening speech at CrooAston in the
ca,apaign of 1890. but which he did not
nrain repeat. because his fellow cam
paiCncr. Gov Merriam. told him. afIcr
the speech, that it was dashed non
sense.
If this Ia true fact. as the boys say
with nice discrimination. W. might
confidently look To the trade returns
of these countries TO find conformation
of il in the increased imports OF silver.
the decreased imports of gold nrd a
great increase of imports Of mcrchan-
disc and exports of produce. As India
is the great silver consumer OF the sill
yer nations. we might expect to see its
effects there most marked For the
eleven months ending with February
1893. the latest return at hand. her i'm
ports of merchandise. stated in tens OF
rupees, of the nominal value o. s.. cj.
amounted 10 55.9.5.99,. and for the
same period in '9i they were 81. iJj. OBJ.
gain Of less than li.00l.O JJ The
total value of her exports OF merchan-
disc during the same periods were o.
4cs.o44 and 81. 5es.o06 respectively.
showing a gain of a little over 1000. 00J
in "a.
The imports Of gold into India were
1,4s4.l 10 tens of rupees in the eleven
months ending with February, 1893.
against ZOOS. 95G for the same period in
1904. showing a gain Of loo per cent in
the latter term. The inflow of silver
which should show large increase il
Mr.. Reeds conjecture is accurate,
shows hardly perceptible increase in
the periods compared. the imports be
ing 1900. 1854 tens Of rupees in the first
and l4.olJ. ora in the second term. & gain
Of less than 10 per cent. while. a
noted. gold imports increased 100 pei
cent.
Thus. accepting Mr.. Reeds own test
we find his statement contradictci 10y
the facts. We have not the fi-ures n
hand for the silver counties 'onth q
as. but have no doubt they show th'
same proportions. Whatever OF in
crease there is in exports. especially oi
grain. II due. not to Mr.. Reeds absurd
cause. but to the development Of tho
agricultural resources OF those conn
tries. stimulated by our own policy ~
obstructing the exchanges of the con
surnin- nations with ourselves. Mr.
Reeds new hobby may have wind ant
music enough to carry him through
the next national convention. but !
will break down before it reaches TIN
federal capitol. st. Paul Globe.
M'kiNLEYiSM AND TRUSTS.