The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-02-05
THE real. .CAUS!,EE.
OF tho Depression is tho Wilson
Tariff Bill.
PEOPLE WERE CHARMED IN 1892
BY the Democratic Campaign Cry
and Now They lInyo Their Eyes
opcncd-'rhc DomocrNcy's ,lncom.
potency TO Goycrn Successfully.
History Repeating ItspiC

History Repeating itsplC
Special Correspondence q ne hlIe!lIqHetr.
LrwisuuRo. ". VA, Fob. 2.-somo
time has elapsed since tho repeal OF tho
silver purchasing clausc OF tho Sherman
act, which was to bring relief to our
distressed and depressed condition.
Has Tho relief como, or Is tbore pros.
pcct OF its coming soon? Not from that
source, for as cause OF tho pressure it
had but lit.lo to do. President Glove.
land, TO divert public attention from the
real cause, ondoavored to mako OF that
provision acapegoat on which to heap
the calamities that were about TO BIO
brought upon us as d people BY other
measures that no and his party had
pledged themselves should DO enacted,
: 10 young Americans the sounding
phrases Of "Free Trade" aud tho MAR
kets Of tho World" have a fascination
and charm that seem to belong natnr.
ally TO Stree America" 1t is like II
young aspirant for congressional honorN
whom we know since the war, who
asked II thoro was not such doctrine
rs "Froe trade and sailors right" and
ut once declared himself in favor OF
that doctrine II was not long, how
over, until no learned something OF tho
meaning OF tho phrase and dropped it
But NJ first II charmed him. Many
were charmed in like manner in the
fall OF 1s09-and voted tho Democratic
4 ticket and arenow with the rest OF their
fellow citizenG realizing what it Is to
inve the country threatened with an
enforcement of the charming measure.
A man in business, BIO he merchant,
farmer, mechanic, or i'll one OF tho pro-
fcssions, who at tho close. OF the year
upon an estimate OF his income and
outlay, during tho year finds that his
expenses have exceeded bis income,
(, must come to the conclusion that he Is
poorer at tho close OF the year than no
( was at tho beginning by the amount
that his expenses exceeded his income.
II he ia prudent man he will try to
! turn the balance OF trade in his favor
for tho noxt year and II successful, pru.
dence dictates that no should pursue
the course that brings him success.
AS II Is In the business affairs OF life
with mon, so Is 1t with people rs ma
! ton. Tried by this rule what showing
for SUCCESS had tho United States, for
I tho year 1892?
b u H %
Our imports 81 i0l ,6iS
Ba!ance OF trade in our iayor....... 2O9,s76. 4J7
We should have been satisfied with
that years business. 1t seems, however,
that We were not. Our Democratic
friends raised the cry for free trade"
+ and demanded "the markets of tho
world" for the moro full and complete
z development OF our energies and resour-
( ces. 1t had it's effect with so many OF
our young men and laboring men that
the election was carried. They did not
know, nor did they consider the results
that must fellow any attempt that might
be made to change our system Of indus
tries that have attained such gigantic
proportions under the policy OF protec.
+ ton. 81 !
NJ! 1t may? BIO asked and Is asked, what
! had that to do with tho present ST; Sna-
{ ton of business? Is not the Mckinley
tariff atill the law Of the land?
Yes, We answer, it is the law yet aud
! il the country could be assured that II
should remain the law, the machinery
that has been standing 80 long idle
would start up, and the thousands of
z men whose families are furnishing for
the necessaries OF life would find re-
3 munerative employment. AS matters
stand to-day, those whose capita! is iu-
vested in manufactures, cannot afford to
take any further risks in view OF the
uncertainties before them. ~
Dealers feel the like uncertainty in
their business and they give no orders.
Importers likewise nrc hesitating in tbs
same uncertain state Of affairs and thus
nll kinds OF business is at standstill,
an ill continue so until the policy OF
the present administration is defined
by tho passage or defeat OF the Wilson
( deficiency bill. Before tho election tho
Democratic party announced in their
platform and from the hastings that
they wero for a tariff for revenue only.
They swung so lar in that direction
with the political pendulum that they
have given us a tariff without revenue.
They propose to give US revenue by
direct taxation on thrift and energy.
The truth is the country had gotten
too big Tor them to manage successfully.
When they were dcpoaed by the olec.
ton in 1850 tho credit OF tho nation was
Z low, the treasury was empty, and they
were forced to try loan to meet the
4 current expenses of the government.
They are not far from tho same situa.
ton now. z /. e I. n 4, Z. 4
We're itnot for tho suffering and want
! that is entailed upon the country
Z through their blunderings and misman-
I agement, itwould be amusing to stand
( of and sec the frantic efforts made by
Bthe administration in plotting tho ship
o! state amid the breakers and narrows
through which we arc passing. While
4 it is serious, in the face OF the distress
{ prevailing, in view OF what was prom.
ised and tho hopes resulting from the
/; promises mado, tho situation still has
its ridiculous side and those disposed to
laugh have something to excite their
z disabilities. ~. NJ.
SHOWS AN lNCREAsE,
- . H9g'