The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-08
THE VERDICT OF HISTORY.
Ii G~loriously vfndfcntes the Republic
nm Policy Of Protection.

0aA1< VI
Joseph Nimmo. in New York Tribune.
The historic record of Republican policy
ana practlce Is expressed in the inexorable
logic OF fact as follows:
firstIThe wealth of the United States in
creased from SIC, l59, Gle, Cos in 1860 TO $685.
09l. 1877 in 1890.
.S~econd-The wealth per capita Of the peo-
pie OF the United States Increased from
Sl4 in 1860 TO $1.0ss in 1890.
Third-The total amount paid as wages
In the manufactures of the United States
increased from SIs.s3s.966 in 1850 to S.2S2.-
Fourth-The amount paid per capita in
the manufactures of the United States in
Fifth-The population of the United states
increased from S~l.44S,s2i in 1860 to g.. GO. 80
Sixth-The total foreign commerce OF the
country increased from s6S7. 49,. f76 in 1860
to Sl,&7, 0,6l0 in 1895.
SO 1t appears that while the population
of the country doubled during the period OF
thirty years from 1850 TO 1890 under a policy
OF full protection to American industry. the
the wages paid In manufactures increased
skiold and the foreign ma of the
country increased nearly threefold. The
1860 TO $l.0SS in 1890. and the wages paid in
manufactures Increased from $3.50 per cap
One of the splendid results Of Republican
nnanciering is seen in the fact that the
amount OF annual taxation was reduced
from $10.67 in 1870 to S.43 in 1882.
The foregoing are official data of the
government. Every other possible express
sion of national welfare exhibits a corre-
spending progress during the thirty-two
years of Republican rule. 1t is also a fact
beyond all question that the country con-
tlnued TO prosper up TO the year 1882, which
was the high-water mark of prosperity in
this country. And yet. in the face of all
these facts, the New York Democratic
platform utters the shallow falsehood that
marked by continued prosperity for thir-
ty-two years. was the cause OF the terri
pie revulsion which accompanied the adj
vent OF the Democratic party TO power.
senator Hill capped the climax OF polit-
ical misrepresentation by reiterating this
cnarge, ano further declaring that the Nc
klnley act had caused trouble in the ma
tional treasury before the Democrats came
10 power on the 4th of March. 1892. This is
and expenditures for the year ended June
81. 1872, showed a surplus of 1914. SEC.
and the similar report made by Secretary
carlisle for the year ended June 30. 1893.
showed a surplus of s2.34l, 674.29 even after
the revulsion following the election OF Mr..
Cleveland had been in progress for eight
months. Furthermore, Ii was a declared
purpose of the Mckinley act to reduce re-
ceipts very nearly down to expenditures,
and receipts would not have fallen below
expenditures but for the advent of the
Democratic party to power.
The next year the year ended June 80,
1875, when the free-trade collapse had pros
treasury showed a deficit OF 500, sos. ESQ. IS. At
tnat time. also, nearly two million laborers
were thrown out OF employment. In this
whole matter the Democrats are stultifying
themselves in the most absurd manner The
Republicans declared in 1892 that the aban-
donment Of protection would surely and at
once bring overwhelming disaster. The
Democrats vigorously denied this and pre-
dicted increased prosperity as the imme-
date result of Democratic success.
The verdict OF history is as plainly before
the country as verdict of actual experience
ever recorded, and il is an insult to the
intelligence of the American people TO sup
pose that they will not heed that verdict
on the 9th of November.
There is another very silly attempt being
made by the Democratic leaders TO deceive
the people. They say all this distress has
| occurred while the Mckinley tariff was in
force up to the passage of the German act
OF Aug. 2S, 1894. How long did 1t take the
sugar refining interest to make an upward
bound after the Senate Sugar Trust bill was
reported? Only twenty-four hours. And in
| like manner IL took not more than twenty
| four hours for each and every manufac-
turer In the United States to calculate Just
what effect adoption of the Democratic
tariff policy of 1892 would have on his in
terests and upon the wages he could pay.
| The manufacturers made that computation.
and down went industries and wages with
a crash.
1t is the naked truth which Is going to
win Republican victory this year, not elo-
| Guence.