The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-06-20

'"SSh tHc NONtl OF tCDtulFy. lSlB. tho
last o. the Harrison administration. and
Feoinnry. 1871, shows Il dcClineot nearly
S-OO,UCO, 0OO. This 10 4 way tcllg tho
story OF tho s%hrintago going on In the
business OF the country. It's estimated
that tho los' in incomes, prot,s and
wages Tor tho last year has been nearly
S5~0O.UlO,OON. 1t is said that the peop!s
are losing in wages aud incomes alone
about SO,U0J.OO every day compared
with what they received in lSg2. This
IS largely due 10 the present efforts OF
tho Democratic party to destroy protcc.
ION and divide our markets with
Europe This In an outrage uron tho
people and their interests, when /, Is
teinem Ocrcd that We import only about
Si%hOOO,OD per nunutu OF foreign goods,
on which q tax Of about 90 per cont is
collected. amounting to about :2OO.OC0,.
900 Dor Gnnum; and this suIn IL needed
for the support Of the government, and
II not raised in this way would have 70
be in come other.
In order 10 got rid Of n part Of this
two hundred millions tax Der apnum,
and this too By giving ~ our marke;s.
tho Democratic party deliberately
causos the people to lose in wagc,.
profits and incomea, about five thous-
ind million dollars a year. This loss is
greater IN n year than the tax or
duty would amount 10 in TWENTY-FIVE
years. So lit happens that dostroviaC
protection is not only dii!culs, and has
consumed nearly n year OF tho time OF
Congress, but is dear and costly 10 the
peopIe. As n simple business posI.ion.
it would have been wiser, safer and bet
ter 20 have allowed this tax on foreign
goods OF two hundred millions per an.
mum to have ono on for twenty years
than 10 havo plunged tho country into
its present depression aud distress for
~ year..
HONE COMPETITION ALREADY ALARMING.
Even under protection home compe.
tition is fierce, demOralizing and alarm.
in-. How to regulate or control it by
law, or whether TO Try to DO go, is u
problem. Why increase the difficulties
and intensity competition by adding
foreign 70 home competition? Up to
this time tho Republican party has pro-
tected our people and wage carncrs
against toreigp competition. The Dem
ocratic party however, Is now willing
70 add 20 TIE evil effects OF unres,raineL
competition by breaking down the bar
riers Of protection.
In these days people arc brought so
close together b. steam and electricity
that this planet is izst becoming only u
vas. neiGhbOrhood, and oceans only
wide rivers. The people OF one nation
are better informed every morning Of
what t]rausplred the day before in other
nations oil the world than were the peo-
pie informed OF Whist took place in thetr
own neigh5orhood ahundred wears ago.
China and Japan. with coal and iron,
and the rapidly increasing intelligence
OF their people, will soon become large
manufacturing nations, aud without
protection the United statea will be
largely a. the megcy of their starvation
wages. Instead of lnteusifyinc compe-
tiiion BY increasing its area, our en-
deavor should be to regulate i; at home
50 ], 70 prevent the disasters that re.
suit irom;it.
Some people claim, and mainly Dem.
octats, Nho 8ant-to, account for the
present depression without any reason,
tnat pauics coma periodically and in
due season. There is no foundation Tor
this, no, for the assertion that they are
necessary 10 clear the commercial at
mosphere. No country o. community
ever derived any benefit from 4 panic
OF financial crisis any more than a man
would be benefited by breaking his
arm or by having a spell OF typhoid
fever. All panjcS can be traced to some
cause-to the violstion OF some rule or
principle governing commercial Affairs.
HOW DOES WEST VIRGINIA FARE UNDER THE
WILSON ELL.
Under the Wilson bill, coal, lumber,
iron ore, sals and wool were stricken
down and made free. IN the senate by
a party vote wool and lumber ara made
free, while coal and iron ore are still
threatened, and nc one can tell what
the result will be. BY placing coal and
lumber on the free list, coal and lumber
from Capada will displace West Eir-
ginia coal aud lumber in BostDn and
New England. 1t ia estimated that
Wes: Virginia will lose the sale OF seven
hundred thousand tons OF coal per an
mum in New England, or seven millions
of tons in ten years.
In giving up this trade and sus-
tanning this great loss the people OF
West Virginia will not get coal one
cent a ton cheaper for her factories or
for domestic consumption. Her mine
owrer lose, her railroads lose, and the
miners lose in wages about three hun
drcd thousand dollars pc, annum, or
$4,000 coo in ten years. The actual loss,
directly and indirectly, to the people OF
West Virginia bv making coal Tree or
reducing the duty to 10 cents per ton
will amount to nearly th-ee millions
Of dollars annually. The parties 10 be
benefited M be frat tho Nova Scotia
syndicate composed OF prominent Demo-
ccats cloae to the administration.
Alter II The railroads and mauuiac-
turing establishments in Boston
and vicinity will get cheaper coal.
Uuder the Wilson bill the Nova
Scotia combine or trust was favored over
West Virginia. The interests OF our
state were sacrificed and this foreign coal
trus, benefited. Il has been said tina:
this Nova Scotia trust had mora to do
with makingcoal Tree in the house than
all other influences combined. The
able and patriotic appeals Of the coal
interests OF West Virginia, and OF the
miners, were OF no avail before the
Wil,ou committee as against the wishes
OF this powerful trust. According to
the newspaper reports the profits OF the
Nova Scotia trust last year were $780,
eco, with aduty OF 10 cents a ton against
it. It is cstlmatod that with free coal
this profit can be increased TO abcu.