The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-02-09

CONDUCTED ny MRS. NJ. /. HOBBS.
Sublime Idiocy.

Su5limc Idi0cy
About the most sublime piece of id
} iocy that was ever offered to an intel
ligent people was the suggestion tha
the panic and scarcity of money wa
due TO the fear that the tariff would b.
reduced.
4 Just think Of IL! According to III,
official reports three hundred ant
iitty million dollars were withdraw
from the banks and locked up in saf,
deposit boxes. OF hid away in ole
stockings, just because the people
were afraid there would be a little lea,
tariff on tin q. Just think OF IT, Fright
ened depositors stood in line at bank
doors clamoring for their money unit
seven hundred aud twenty banks had
10 put up their shutters, just because
the people were afraid that there
would be "a little less tariff on salt.
Jnst think OF it! The reserve in the
New York banks went down. down,
down. till il was fifteen millions be-
low tho amount required bs law, aud
the banks refused to cash checks all
because the people were panic stricke en-
lest there should bc little less duty
on castor Oil!
Just think Of it-men went around
New York City Offering ionr per cent.
premium in gold for silve. or small
bills. all because the peopi, were sit.
ting up nights shivering with fear lest
there might be a little less tariff on
shoe-pegs
1t appears 10 us that either the peo-
pie OF the United States must be the
most guleless idiots 20 be found out
side OF An asylum for the feeble mind
ed. or else that the promnlgators of
the idea that the panic was due u the
fear Of free trade are the most con-
summate frauds and humbugs the
world ever produced.
The panic was caused by the fear of
free trade. was ii?
Well, in 1873, just after the most
sweeping Republican victory the
country ever saw, when the system Of
plunder OF the American producer,
falsely called protection to American
labor" was assured by Republican
House and Republican Senate and q
Republican president. there was \
panic. II was fearful panic. Every
hank in the United States closed it's
doors. Every wheel Of industry was
stilled. Hundreds aud thousands had
to be fed on soup. Many perished OF
starvation. The effects OF that panic
were not entirely overcome for five
wears.
What caused the panic Of '73?
Was IL caused by the fear of free
trade ? whv say that the panic of '93
was caused by the fear Of free trade !?
II something else than the far Of
free trade caused the panic Of '73 why
charge the panic OF '93 10 the fear OF
free trade!
II "a vicious financial system caused
the panic OF 13 and il certainly dill
why is it not reasonable to conclude
that the same vicious financial system.
which remains unchanged, caused the
panic Of '93?
Again There was ;Lst as much
ciuse to anticipate reduction in the
tariff in October a there was in July :.
but no banks broke in October. Ifthe
fear of tariff reduction caused the
bank suspensions in july, we may ne
we'll and as surely say that fear Of IA.
riff reductions prevented bank sus-
pensions in October.
In July the reserves in the New
York banks were fifteen millions be-
low the legal reserves lin October
they were fifty millions above it. If|
fear OF tariff reduction caused the re-
serves to 60 down in July the fear of
tariff reduction must have caused them
to raise in October.
The whole talk abou. the panic be.
ing caused by fear Of tariff reduction
Il nonsense. Tho tariff reduction had
no more to do with 1t than tho man in
the moon.
The story that the panic was due to
fear OF tariff reduction was gotten up
bv the public plunderers who saw an.
other chance 10 raise a false cry 10
draw away the attention Of the people
while they picked their pockets The
cry was taken up bv scoundrelly poll.
ticans who saw chance 10 get boost
ell tutO VuiCe Wy tc-eCuOiuS ~.
And some of the people we're fooled
by IL. though more were influenced by
az threat that the shops would be
kept closed unless Mckinley was
elected
But old Father ABB aham was right
lyon can fool all the people some
OF tho time, and vou may fool some OF
the people all the time. but you can't
fool all the people. all the time"
And this idiocy about the panic
having bcen caused by fear Of tariff
reduction will pass away in few
short months. -Ex.
- "a
The majority Of the factories In
Ohio are owned hv Republicans. The
Republican proprietors had resolved
to strike one more blow for plunder- =
falsely called protection. The word
was sent ont that unless Mckinley
was elected the shops running would
be closed, and the shops closed would
not be opened. II worked.
~ ~
Women are most interested In TEN.
peranct, for women suffer most from