Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1894-08-08

ously expressed by Grover Cleveland and
embodied in a plank presented to and vOt
ed down at the Chicago convention. This
was Il trick to defeat the nomination of
| President Cleveland.
The outcome of this is now found in
! Congress. There are free traders there
and there are protectOniSts there. There
are radicals and there are conservatives
! There are time servers and there are
cuckoOs. But of the whole lot President
Cleveland stands forth as the most con-
! SiStent'
The Situation as Viewed by the New
York Tribune.
President Cleveland is informed by the
action of the Senate that his pet coal and
iron trusts will not be allowed to dictate
! legislation to the destruction of iron and
coal interests in this country. On which
side III the controversy will the American
people be found? These trusts include
some powerful American capitalists. In
the Nova Scotia coal syndicate it is I'M
derstoOd that President Cleveland's
! friend, Mr. Whitney, and his secretary of
war, Mr.. Lamont, have large interests.
The iron companies are the Juragua and
the Sigma, with headquarters at Phila-
delphia, and the Spanish American Iron
company, with headquarters at New
York, and these imported from the mines
in Cuba, of which they have exclusive
control, 413,999 tons in the fiscal year
1000, the average cOSJ DelUS ABOUT Sl.OU.
All other imports of iron ore were 269,-
! O31 tons, and the average cost about
! 500. The few owners of the Cuba
mines include the Pennsylvania. Mary
! land and Bethlehem steel companies and
! their interest in the success of Mr. Cleye-
! land as a free-trade champion has been
deep. But the mere threat of a change
of tariff has thrown two of these compa-
MES into bankruptcy during the last year
and the imports of all iron ore have been
! only about 100000 tons, not third as
much rs in 1898
Such are the interests for which the
President and the House are fighting,
against the coal and iron miners of New
| York, New Jersey, Pennsylvania, Ohio,
! Maryland, the Nirginias, Tennessee and
Alabama. The American capitalists in
terested in the foreign coal and iron mo-
nOpOlies may number about Il hundred.
I The coal and iron miners, against whom
/ Mr.. Cleveland fights, numbers more than
half q million. Quite irrespective of party
platforms, or the personal riyalries OF
party leaders, this issue involves the hap
| pineSS of more than half q million Amer
lean homes, and Mr.. Cleveland prefers to
serve the few rich capitalists, some Of
them personal friends or large contrib
utors to his election, instead of the half
million Wage-earners. Plainly, American
voters in such a struggle will not take
sides with President Cleveland or the
foreign mOnopolies.
IneV cannot take sides
either with the senators who contrived
! the bill of sale, for that was a robbery of
| the people for the benefit of the sugar
monopoly. When the Sugar trust reached
out after q profit of 10000, 600 or more
and wanted to buy votes, it captured
some with the cash profits of 'specula-
ton secured against loss, but it capt
ured others with pledges that interests
necessary to their political future should
be protected. OF the fortythree senators
! bound by compact to stand together
how many sold themselves for political
benefits and how many for more ma
terial considerations no one can tell The
| Presidents letter placed him in the dis
graceful attitude of apologizing for the
sugar bargain, while pleading for the
coal and iron monOpolies. But his sena-
torial opponents have bound themselves
to give $4,000, 900 or more to the sugar
monopoly as compensation for its con-
tributions to the Democratic campaign
fund
Between the two the people will not
choose. Their choice is the defeat of
both. The Sugar trust, which owns the
Senate, and the coal and iron trusts,
which own the President, are alike fight
ing for private gain and to plumber the
people. The only complete answer to
these indecent demands is to kill the
pending bill and pass an act putting re-
/ hned as well IS raw sugar on the free
| list. Then the American miners Of coal
| and iron ore will not be impoverished for
the benefit of Messrs. Whitney, Lamont
and the Juragua capitalists, and the
! Sugar trust Will have to cut down its
! eXactions TO meet the cost of refined
sugar imported. 1t will lose the one
! favor which the Tribune urged Congress
! in 1890 not to grant, but which it I'M
! wisely granted at the pleading of the in
dependent refiners of Philadelphia, who
were then pledging themselves to fight
! the trust to the end. The only solution
which the people can desire or approve
| is TIA defeat of the pending bill and the
removal of the duty on refined sugar,
and the closer Congress can come to that
! the better will the voters be satisfied
The Chicago Herald as Prophet.
In October 1892, the Chicago Herald,
! which is excellent Democratic authority,
! strongly urged its readers to vote the
! Democratic ticket because q change was
| necessary in order that farmers might
! receive an increased price for their wheat.
| SO IN the editorial columns of the Herald
during the campaign of 1892 was this adj
| vice:
Vote for Cleveland and S125 for
! wheat
The people voted for Cleveland. but
! the farmers have not seen the price of
wheat go up to S1.25 per bushel. The
| Chicago Herald condemns itself as a
! prophet, for in its issue of the 9th of
July, 1894, is printed the following dis
! patch:
'Vandalia ILL.,, July 5-Wheat thresh-
ing is in full blast in Fayette county.
|