The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-10-24
OUTSIDE OPINION

II the testimony to the good times
should have come from democratic
sources alone it might have been set
down to partisan optimism. But the evil
dence as to the revival Of industrial op-
erations throughout the land comes from
wholly unbiased and authoritative sources
such as the commercial agencies, the
representative trade journals, the head
of the American bankers associate
etc, and TO these eminent authorities
must be added the foremost protectionist
journal in the United States, the New
York Tribune. Such a bulwark of testi-
mony is impregnable. and 1t is the sheer
est folly to attempt to butt 1t down.
Philadelphia Record (dem.).
The populist party in North Carolina
seems to be going to pieces. The Raleigh
News and Observer publishes letters from
three populists in Moore county announc-
ing their withdrawal from that party and
return to the democratic fold. One of
them, Mr.. Ralph Currin writes: 81 have
been fooled by the peoples party. 1 was
conscientious in my views heretofore and
did believe that the peoples party was
right but now 1 see that they were trying
to lead myself, as we'll as others, into a
party that all white men know is the
cause of our present troubles arising from
national legislation, as was the case in
this state from 1866 to 1876 Three
others indorse what Mr.. Currin says and
express their purpose to fight in the dem
ocratic ranks hereafter. Winston and
Asheville papers also make mention Of
desertions from the populist ranks.-Bal-
timore Sun (dem).
Tramps and trusts, the twin products
of a monopolists' tariff. were practically
unknown in this country until we had
endured uninterrupted republican rule for
a dozen years. The worst labor troubles,
the bloodiest riots, the most destructive
strikes, the most brutal lOckOuts ever
known in any country have occurred here
under the high tariffs bought, made and
paid for by the contributors of the re-
publican campaign funds. The panic of
last year started under the Mckinney
tariff and when ii was known that no
change could take pace for year to
come. It was due chiefly to the unset
Gement of our currency by the republican
silver and initiation law. But the old
trouble Of a market glutted with goods
under the enticement of tariff bounties
contributed to the trouble. The financial
and industrial history of the past thirty
years is simply a succession of short
spurts Of stimulated activity, interrupted
by collapses, panics and long periods OF
depression and distress. For Mr.. Reed
to speak Of ii as a period Of uninterrupt-
ed prosperity is to insult the intelligence
Of his hearers.-N. Y. World (dem).
The democratic party is responsible for
two tariff laws i'm fifty years. One Of
these YVES accepted by republicans, when
they extended its principles by the law
OF 1857 The other, according to Tom
Reed and the Gazette-and 1t IS the much
abused law of the last congress-has al
ready INDICATED itself. and is not to be
disturbed. Verify we have come upon
strange days Opposition to any further
tariff legislation. in the way of amending
the present law. we all know originates
in a desire to save the republican-created
sugar trust The record shows 1t is the
republican party that has been the per-
sistent tariff tinker of our economic his
tory. In the twenty-eight years from
1862 10 1890 it has passed no less than
twenty-six distinct tariff bills. including
the three general revisions of 1864, of 1888
and the Mckinley law Of 1890. In addi-
ton there were twenty-three other tariff
laws passed by that party in this period.
The reason is obvious. The republican
party is the party Of the tariff lords, the
trusts and monopolies, and whenever
these interests sought to increase their
dividends by fresh imposts on the peo-
pie. all they had to do was TO send their
lobbyists down to Washington. The Nc
Kinleys. the Morrils and the Shermans
were always ready to honor their de-
mands. 1t was one way Of replenlshing
burg Post (dem)