The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1894-03-16
OUTLOOK OF THE TARIFF.
What the Wilson Bill VIII Do for Cor
merce and Industry.


What the Wilson Bill VIII Do for Com
merce and Industry.
It is certain that the Wilson bill will
pass the senate and become law.
There will be amendments and modi-
fications, but they will not change the
main features. 1t will still remain
low-tariff measure, paralyzing our in
dustries and running our v'ofkingmen.
1t will become q law and it will re-
main in operation at least three years;
for it Is impossible that the republicans
shall regain control of the presidency.
the house and the senate before 1897
and control of all three will be neces-
sary in order to change it 1t thus be-
comes a matter of paramount con-
sideration to ascertain what its effects
will be.
We are now in the midst of season
of depression and idleness. caused by
the triumph of the democratic party at
the November election of 1892. The
democracy was pledged to a policy of
tariff smashing. What naturally re-
suited?
U,
be directly affected by the tariff were
checked. No one concerned would be
foolish enough to buy raw material,
pay to have il worked up into the fin
ished product, and accumulate stock,
with the prospect that he would lose
money by the operation. The wise
thing to do was to work off the stock
already on hand, and manufacture no
more than would supply the immediate
demand This was the first great cause
of the depression. To curtail manu-
featuring means, of course. to throw a
large number of men out of employ
ment This destroyed or curtailed
their means of buying, and thus re-
duced the sales OF merchants in all
lines. In a thousand ways the pros
pect of tariff change caused a taking
in of sails by merchants and others,
and the present stagnation is. the result
Second. it is always true that when
any change of existing conditions can
be foreseen by those engaged in pro-
duction or distribution, there is an i'm
mediate effort to accommodate them
selves to the new conditions. 1t now
being reasonably certain what may be
expected, in a general way, from the
Wilson bill, an adjustment is going on.
Producers understand that they must
hereafter compete with foreign pro-
ducers on less favorable terms; that
they must produce cheaply enough to
meet the products manufactured with
cheaper labor. Hence there is a steady
reduction of wages going on. Strikes
are powerless, for there are from two
to dozen men ready to take any posi-
ton that is offered This reduction Is
not alone in what are known as PRO
tected industries, but in all lines; for,
as the Blade has always said, reduo-
ton of wages in one great division of
labor means a reduction all along the
line, until finally every man who works
for wages or salary shares in the re-
duction.
As soon as the Wilson bill becomes q
law, everybody will know just what to
expect, and this process will 60 on
steadily until wages have fallen to a
level commensurate with the protection
afforded by the Wilson bill This re-
ductlon, now in progress, will go on
until this is accomplis he'd Mills and
factories will start up, but with fewer
hands, and at lower wages The price
of labor will approximate more nearly
the European standard, the ability of
the people to buy will thus be cur
tailed. with the result that our mer-
chants and retailers generally will ex-
perience chemically dull times
And how about the farmers? They
will be injured by the depression just
as much as nybody else. They will
find their market will not increase but
rather decrease. They will find
that the diminution of the buying
capacity of the masses will injure
them just as much as it will any body
else. Some articles may be cheaper,
but they will not have as much money
to buy, and thus the advantages prom
ised them by the free trade dema-
gogues turn out to be Dead Sea fruit
fair and beautiful on the outside but
dust and ashes within. The increased
export trade promised them will prove
myth. Like the dog in the fable,
they will find that they have grasped
at the shadow aud thus lost the sub
Blade.
E"It's blamed good thing for the
party that there is no national election
just now" gloomily remarked a cuckoo
democrat as he read the returns from
Pennsylvania. ''Oh," remarked chip
per republican who had been reading
an attack on the president In demo-
cratic journal, II know Of something g
good deal worse for the democratic
party than a national election just
now" "What?" was the anxious query1
'The national election that will take
place in 1885," was the reply. For by
that time you fellows will be out of
sight-in the hole you are digging for
yourselves" And the cuckoo democrat
proceeded to hide himself in the dark,
dark silence that he emitted--N. Y
Tribune.
EThe democratic hard times are
responsible for the large increase in
the number of suicides, the stagnation
in business of all kinds. the suffering
for food and clothing among the I'M
employed and the poor and helpless,
and for all the doubt and gloom ahead
for all classes of people. The only
sufficient remedy is the election of a
and American congress
next November.-Iowa State Register.
- The last treasury statement
shows the deficiency for the eight
months of the present fiscal year to be
$40. 1877, 265: and no other argument is
needed to insure republican victory
in the fall elections-St Louis Globe
Democrat II