The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1894-03-31

York. at the anniversary Of the Will
mlnRton Board OF Trade, OF Eden
Hall. on Thursday evening, was made
up OF a singular couglomeration Of
that are certainly foun-
led in error. Every one will agree
with him. that "the times are out OF
iolnt' but few persons will admit
that they were made so by over pro.
tuction or By any Of the causes he
designates. The Idea that the rapid
growth OF the cities has injured the
farmers, or IL cause or poverty. Is
ridiculous. On the contrary
they furnished the best market the
farmers had, and there was no suffer.
ing from scarcity OF food. Had 1t
not been for the cities the farmers
would have been more crampod for
means than they now ara. and conse-
quently less prosperous.
1t ls no wonder that Mr.. Hastings
that such theories made
him think that he did not know any
thing about political economy or the
operations OF the tariff, Mr.. Wlmans
attributed business depression to
every cause hut the right ono. the
destruction of confidence by the threa t
OF the Democratic party to repeal the
tariff and give the people cheaper
goods. He knows very we'll that pros.
lpective reduction OF prices naturally
leads to decrease production and check
snles, as manufacturers and mer.
chants will not Increase their stock in
face Of falling market. Their cur.
tallmsnt Of business led to the throw
ing thousands OF hands out OF employ
ment, and this destruction of their a.
bility to consume only aggravated the
evil, ro'acting as 1t did upon railroads
and other companies, and setting
all hands to ret renching and cutting
d own expenses.
As soon us there is prospect OF an
advance in prices, and an increased de
mand for goods, we shall have more
employment for workmen and better
times. Cutting down the tariff ano
forcing our manufacturers into
competition with foreign nations will
not do it, and he will DO miscrably dis
appointed who basss his calculations
on any such expectations. How can
consumption catch mp with produc.
al n MT ,Nf ha
cities and increasing tho number OF
farmers? That is question that the
veriest free trader in the land cannot
satisfactorily answer. We must in
crease tho number OF our manu'aetur
|, ers and not the numb Der OF farmers ir
, order to make farming profitable,
:. The extension OF our markets to al
parts OF the world is IMPOSSIBLE UNI
less we can displuce the goods manu-.
featured by other nations AMI to do
3. that we must reduce wages. In ordel
. to Increase our merchant marine, WI
: must have cheaper slips and Il reiuc.
| ton OF wages. We can not compete
, with Great Britain unless we have im
, proved processes or cheaper workmen
, Our people must understand this
; and the sooner they look at the matter
/ in the true light the better it Will bt
Tor them.
In discussing the prostration q
: business, and the prospect OF its re-
! vtval our theorists all overlook the
marvellous growth OF our country,
and the prosperity we have enjoyed
. No other country on the eirth can
. match 1t. Is there any nation ID
ancient or modern history that car
' pproach 1t! If there is We should
5 like these wieeacres to point 1t out. In
a century we have grown from three
! and half million OF people to almost
{ twenty times shat number, from th.r.
i teen small states to Il mighty com
a monwealths; In manufactures we RAM
. among the first. and in consuming
: power OF mary articles We are nearl!
2 equal to one.hnlf tho entire world
a For the general distribution OF wealtl
and individual prosperity, no Other
people can compare with ours, yet
theorists wish rs to adopt the policies
(which are in vogue In other nations
g which have fallen far behind us In al
: that contributes to mako countr,
l prosperous and the people cOutanta,
U and happy.
/ The protective system will still ne
cotnplIsh in the future creator thing
: than in tho past, the man who say
! the country Is ahead of the needs o
y tlmo Is duh OF prehens!on. as i
. was only through the Vaccinations .
Il political Adventures after crusal
u of nearly eight years. that the peopl
/ were deceived into voting Tor policy
u which d majority Of them now curse
1t AID will cairse as long as life sha
D. last.