The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1894-05-19

lsso...... iaSi! AZ $40 $40 lla
while IT is true that these figures are
not conclusive, it is also true that so
far as they are trustworthy they show
a vastly greater percentage OF increase,
both In aggregate wealth and wealth
per capita, during the low tariff decade
from 1850 to 1860, than in any of the fol.
lowing high tariff decades If we
should make allowance for the exag.
geration OF wealth in 1870, due 10 de.
probation of the currency, the differ
ence would be still more striking. The
increase of wealth per head Of popula.
tion in the average for the three
decades OF protection was not much,
II any, more than one-third as great
per cent as " was during the decade
OF comparatively free trade.
Labor was so fully employed Mt
good wages" under protection, says
Mr. Harrison. That gentleman is old
enough to know that there was COM
paratively little discomfort among
working people during the so-called
free trade period. lie is old enough to
know that the strike evil and tho
tramp disease are almost wholly de-
velopments under republican tariff pro-
lection.
without directly referring to the
CoXey craze Mr. Harrison strongly en-
courages It, lie lays the industrial de-
psession from which the country is
slowly recovering entirely to the pros
pectiye reduction OF the tariff. He
tells the people that they owe their
prosperity not to their own intel
ligence, skill and industry, but to gov
ernment. He tells them that the gov
ernment is the source Of prosperity
when 1t is IN the hands OF his party
and the source OF adversely when il Is
in the hands OF another party lie tells
them that "the cause of this present dis
astrous depression" is to be found in
the attempt to wipe out protection leg
jslation and to substitute for it the doc
trincs of revenue tariff" Congress,
he tells them, is to blame and in SO
doing he encourages them to organize
their peace armies and march on
Washington and demand that congress
restore prosperity
Ills teaching is calculated still fur.
ther to undermine the sclf-relance OF
the American people and to inculcatc
the belief that they are dependent upon
COVER . ment 1t is calculated to incitc
the people to make utterly uureusona-
BILE demands and enforce them by yio-
lcnce. And yet he talks glibly about
"calm and temperate discussion OF
great public questions"
This calm and temperate" oN-pres.
ideut would have people believe that
the existing depression is altogether
due TO the prospect OF somo little relief
from tariff burdens and cXactions But
he knows perfectly well that no panic
ever occurred that was not followed
by depression more or less severe and
prolonged. lie knows that there was
neither panic nor depression until near
the end of last June, although rcduc.
tion of the tariff was just as well as
sured nearly eight months before rs /,
has been At any time since. HC knows
that the panic originated i'm fear OF Il
collapse TO the silver basis under the
operation of an act passed by ropub-
lican congress and signed by his own
hand. lie knows that there was a
panic in 1878 which was quito as disas-
trous as that of 1898, and which was
followed by distressing industrial de-
preston continuing for period of five
long years. lie knows that that panic
occurred soon after the republicans
had won n presidential election by an
overwhelming majority, and when
there was no possibility Of any tariff
reduction for at least four years
And yet knowing all these things,
Mr.. Harrison utterly ignores them, and
seeks to make people believe that tho
panic of 1898 and the depression follow,
ing were wholly due TO the attempt TO
wipe out tariff legislation. The truth
of the matter Is that the depression,
which had its origin in the silver scare
brought on by republican legislation,
has been made more severe toy the bene.
iiciaries of protection from selfish mo-
tiyeS and is now being prolonged and
deepened by republican hlibustcrs in
the senate who are actuated 10y like mo.
tives And the calm and temperate"
cX.president sees fit to encourage both
in their unpatriotic course. Chicago
Herald
IT is reassurng 10 note that many