Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1894-03-15
PROPHECY At A DISCOUNT,

On the 18th day Of last October
democratic senator while the senate
vas in a deadlock over the repeal Of
the silver purchase act, delivered the
following prophecy:
"Why should we not try and yote?. Why
should we be here seventy odd days without u
single vote on any questiiing Let us try it. II
We would try IT Tomorrow after all the long de.
bate that has been had. and dispose Of this qnes-
ton ~ we think best Tor the people Oftlie United
states. Willie You are assuming your rcsponsi-
btlity we would gladden. the hearts Of millions OF
laboring men wins are now being turned out OF
1--WE would relieve the business cares OF thou
sands OF men whose whole fortunes are EN-.
barked IN trade. We would relieve The f;lrmer
aud his product for free transportation to for
eign countries. now clogged for the money.
In the present condition of affairs there is no
money TO buy cotton and corn and wheat for
consumption. Break down the barrier now
maintained by the senate OF the United states,
check this viper called obstruction to the wili
Of the majority, give the senate free power and
play, aud In ten DAYS from this time the skies
will brighten. business will resume its ordinary
course. aud the clouds that lower upon our
houses viii be in the deep bosom Of the ocean
buried"
Five months have past aud the
Improvement of.tle business condi'
ton Of the country is worse, if any.
thing. The New York Tribune, in
giving a resume of the business sit.
uation, in a recent issue declares:
"A year ago Wall street was waiting for Pres
l3a1nt I1eyek1nd aid tkeRds, TIE kQpds have
SSz.a5 pei shaFe. Money then f0ah:d AZ y pe1
cent aud now at Is per cent. Strikes for higher
l W1HeS WHEN IN DfnfypsAga fthSf, ~, IA, .,tet |. .r,..
ABOUT y per cent lower. all The greater cities
are rairing funds to feed tile rnemployed
rayinent Through clearing houses were the,
~ uoo.uuothW ii February but this ye,tr 1927,
WUoWl, a decrease OF sc. y per cent. La the iroi
COTTON. Weoien. aud shoe industries. employing
aones .ssp.egn persons g year ago, The work Is
ana with wages averaging about S, CO. against
~ then. 30 that q little less than 81 600. 01u Il
now paid for labor where $1,000, Cox, was paid q
year Sgo."
What are we to understand from
the above quotations? The repeal oil
the Sherman bill did not bring us the
coveted business prosperity, factories
are closed and one can scan the vii.
son bill through and through and
the conviction arises tina! it is built
upon the same republican doctrine oil
protection, but falls shoft oflhe ben.
efits TO be derived from the McKin-
ley bill. THE COURIER believes in the
protection Of American industries
and American labor. It will not
yield in its devotion of protection to
any paper. but it also believes that
the protective system can not bring
or MAINTAIN the prosperity Of the
country upon a single gold standard.
The fallacy Of the prophecy il
manifest and the factor which made
it so was the lack Of a proper mon
etary system. Go where you will
in the west, talk with any business
man aud he will tell you that the
times are wrong; that the wheels Of
commerce are not moving and the
reason Of it he does not so much care
for, but the cure he demands.