Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1894-09-13
=. rEANk RnPusLIOAN ADMIssIoN.

~ ~ ~
In sharp contrast with the views ex-
prossed By those Republicans who are
predicting all manner Of disaster from
the passage Of the new tariff law are the
words of CHAUNCEY DEPEw In an inter-
view in the New York Herald. Mr.. DE-
PEW. whose Republlcanism has never
been questioned, stands high enough in
his own party TO De constantly consid-
cred a presidential possibility and can
didate for the highest place within the
gift of his party-GOyernor OF the State
Of New York He is one OF the
most cultured and intellectual
men in the Republican party with
broad and liberal views. He is a man
Of keen perception, excellent judgment
aud his views on public matters are
constantly being sought. lie has given
the New York Herald his views upon
the effect Of the passage Of the tariff
bill aud says:
Coufdenceis restored that means every
thing 10 US. The industrial energy OF the
7O,OOO,OUO people ia the country, not YET
fully developed is reSlStleSS when circuit
and stability are assured, Tho consuming
and purchasing powers of this hOmOgen-
eous population make prosperity for every
business, regardless Of foreign demands.
There is no end Of idle money which will
now seek active employment In less than
two wears the panic of 1898 "a will DO Tor
gotten. Mines. furnaces, mills ana IaS-
tories will be in tuu operation; ralroauS
will be conveying profitable Jrallc, anu 1ue
movement OF internal commerce auu Tree
circulation of currency or the equivalent
in business and wages will certainly lu-
crease the demand for everything pro-
duced upOn the farm or elsewhere.
There viii be some setOacks, out only
temporary, and they viii be followed oy
greater activity. The next SIX eeSS viii,
10 nv judgment, mark gratifying advance
In the solid prosperity Of che country. be
vond thai period 10 could be rash 10 pre-
dict. because Of tho speculative tendencies
which come with expanding credit.
We have touched bottom and scrapel
along il. We are now of tue ROCKS anu
away from the breakers. The panic was
in q seCse. sentimental, and all that sentl-
MeuL VIII SQIu la NA eAekANlAAA "a t'->'--N
unbranded confidence ln the future.
70 more than this could be said by
the most ardent admirer of the new
tariff law, aud no more has been claimed
by any Democrat Mr.. DEPEw, with a
finer perception or more honesty than
the great majority of his fellow RepuO-
licans perceives the good results which
must follow the enactment Of the new
law, and is honest enough TO admit 1t.
He is good Republican authority; his
party will not accuse him of coming
over to the Democrats, nor will they
contradict his words. His interview is
an admission that the Democrats have
acted wisely, aud is as good as an ad-
mission from the party itself.
No more need petty, wouId-be organs
pirate Of the hard times which will fol-
low the enactment of the new law. No
longer need they speak Of idle furnaces,
business paralyzed or labor unemployed.
II has been admitted by so eminent an
authority as Mr.. DEPEw that these
things will not result. 1--WE are now off
the rocks and away from the breakers, -
he SAYS, and the truth OF this is evident
throughout the land. The danger is
past, business has revived, the prophe-
sled disaster has not appeared, nor will
it. and the Observation-Disclosures sheets
must find another topic of discussion.
We have entered upon a long period Of
prosperity, due, as Mr.. DEPEw admits,
10 the passage of the tariff bill,