Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1894-06-21
lenses, the votes OF the farmers for
free Coinage and cheap money.
n Wealth DESTROYER.

been. The bank cleararces for 1923,
as compared with those Of 1892. fell Off
Sl0,CO0,OU0, The mind can no more
grasp the idea of that amount of
money than it can the idea of infinitv.
Seventy-five IA lroad systems, repre-.
senting one-siXth of the railway nile
age Of the United States, went into
the hands of receivers in 1892. The
gross recei pts of I2l railroad systems
fell Off more than Ss.OR.0y". live
hun red and ninety hit hanks CO led
their door. The ntmber of busines j
failures increased 80 per mt. within
twelve months. During the six years
preceding 1893 tho aggre cate liabili-
ties in all the business failures in the
United States did not much exceed
S2t0,cOo,0O0; in 1898 they exec ded
1891, 10000. These are some of the
large items which can be stated
with close approach to accuracy, but
no definite statement can be made of
the general shrinkage OF values, the
loss OF wealth produ tiOn from the
! idleness Of great nal itudes of men,
| the loss to the commercial world from
| the non-payment Of wages and from q
general paralysis of business opera
tions. Every pound of wool that has
been clipped this year has lost one.
! third of its value Every domestic
animal in the count Y has been &C led
| down in price. Every bushe of wheat
/ has lost from Cnc.fourth to one-third
of its former value. In short, ths
! shrinkage in values that cannot be
arithmetica!ly stated has prob sbly been
! even greater than the aggregate of the
large items given above.
/ Mr.. Cleve and in one of his II essages
refer. ed TO manufacturers as men who
nplof the protective system to levy a
forced tribute from their fcl!ow-citi-
zcn,." Yet in les, than one year Mr.
Cleveland party, led and instigated
by him, hiss inflicted upon the country
tecti. duties paid by tho Ieopl. since
the foundation of the Government
Indianapolis Journal
Fx'ng the X 'spon sibiiitv.
The responsibility for tlc nefarious
sugar schedule in tho Senate tariil bill
which lays an annual tax of many mill
ions on the Am arican people has been
traced to Secretary Carlisle. who was
Clcvclands S man Friday in the whole
business. Mr.. Clevelanls $ Secretary
# the Trca; ury tried, in his testimony
before the Investigating committee. to
shift the odi,uS burden from his
shoulders by claiming that the sched-
ulc finally adopted was not the one he
drew up. The deadly parallel will
show hsw little there is in the dc 'ense
put forward by Cleveland Secretary
of the Treasury:
The sche eiulc adopt The schedule pre-
ed by the senate ri ,sented by Carlisle
nance Committee:
On aud after Jan. /.
ON and after Jan. liS9F, there shall he lev
1895. there shall be led and collected on ali
levied, collected and sngar not above No. l6
paid on all sugars not Dutch standard in col
above No. ID Dutch or, and OH all tank bot
It tndard In color, and toms, sylups of cane
on all tank bottoms. juice or OF beet juice,
syIups of cane juice concentrated melada,
OF beet juice, malada, concrete aud concCn
concentrated malad ltrated molasses. a duty
concrete or cOncel- of 40 per cent ad valor-
trateh molasses, lem and upon all su yars
duty Of per cent. ad above No. IL Dutch
valorem. and upon all standard in color there
sugars atovc No. Ii shall be collected duty
Dutch standard in col of A5 per cent. ad valor-
or there shall be- lev en-" etc
led, collected and paid
duty OF one eighth of
one per ceLt per
round, in addition to
the said duty of 10 per
cent nd yalorcm"
Comparing these two Eche iules, it
will he seen that both gave the sugar
trust al it asked. Both gave it the
time between the p-ssage of the bill
and the 1t of January, 1872, for stock
ing up free raw sugar. favor that eX-
pcrts estimate would he worth fifty
millions to TIE trust Both place a -
per cent. al valorem duty on raw
sugar. The only difference between
the two sche dulles is t, a. Carl sle's ad
valorem duty OF 45 Te' cent. on retired
sugar Is converted into a 40 FER cent
ad yalorcm duty rlus a specific duty of
! OF per cent. u pound.
commenting on this change the Now
York Sun says: ut is FIR experts to de-
tcrmlne which of the two arrangements
is more beneficial to the trust. Very
curlously we have on record the Secre-
tary's opinion that there is NJ practi-
cal difference between the original
schedule SGuii IN as it may the Cieve-
land sdmini tration cannot get out of
the responsibility of doing its best to
enab a h artless trust to wiring out of
the American PEOPLE millions CT dol
lars which was to reward it tor con
tributing to the Cleveland campaign
fund half million dollars.
Inv s igating Rcrof m,-s.
Let us see. During this reform al-
ministration we have had the follow
ing investigator Investigation of
Judge jenkins. the Democratic success
sor OF Judge Gre ham, for trying to
make men work whether they wanted
to or not at wages offered the investi-
cation OF tie Carnegie armor plato
frauds, the penalty in which Presi-
dent Cleveland in part remitted for
which Mr.. Carnegie seems to have
written letter in which he erformed
the miraculous feat of in1orsing tho
Wilson bill: the sugar trust investiea.
tioa, and others of less impo. tance,
or at least less prominence.
The administratiol seems to have
opened with Investigations, and the
chances are g5oi for closing in the
same way. Reform seems to have
teen cast in unsucce ,sful way. Ever
since the reform Congress and admin
istration came into power the desire
Of the reople has been for reform of
rcformere. - Des Moines Register.
Coming Our WAY.
1t becomes more manifest every day
that national election this year would
mean Republican victory in every
Northern State. The influences that
made Cleveland President are no long
or enlisted on the side of the Demo-
cratic arty'. Every move Of the ad-
ministration, every step taken by Con.
gress. has tended to turn public senti-
ment in the Republican direction. The
country has had practical demonstca-
tion of the incapacity OF the Democrat
ic party for the work Of conducting
the affairs Of the government in an in
telligent, patriotic and beneficial man
ner. All the pledges upon which the
election of 1892 was carried have turned
out to be disappointment, and misfor-
tunes. The worst troubles sinca the
war have ensucd. In every respect
tho situation proves that terrible
,irAsAl II III