The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1894-10-04
,srvey ss 4 AtrIkins illustration 81 she

serves 9s q striking illustfstion Of the
Inconsistent character of the law. Tho
provision t, (Which I refer IS the ono
which preserves tho treaty OF commercial
Reciprocity between the United States anu tho
King Of tho iIawa:ian Islands made on tho
both day of January, 1875. Under that treaty
the sugars known as "Sandwich Island sugar0"
are exempted from duty. This gives to tho
sugar planters Of the Sandwich Islands re-
markable and exceptional advantage in tho
free and open markets of the United States.
Every other country, under the provisions of
the law of 1894, whose sugar was brought into
the United States for consumption, bears tho
burden of duty of forty per cent. The effect
Of this Is to give to the sugar planters Of the
Sandwich Islands a clean bounty or gift Of
forty per cent upon all sugars they export to-
the United States, and while the duty on
sugars from other countries goes into tho
treasury of the United States that of the Sand-
wich Islands is retained in the pockets of
their sugar producers. The advantage goes to
them, and not to the American consumer.
Free sugar from the Sandwich Islands does
not mean cheaper sugar to the American con-
sumer, for he will pay the tariff price for all
ne consumes, no matter from whence It comes.
the American public the same a. the tariffed
sugar from Cuba.
But It is to another view of this subject that
desire more especially to call your attention.
Under the tariff law Of 1s90a bounty was given
to the cane and beet and maple sugar pro-
ducers of the United States to take the place
of the tariff which was removed from sugars
under that act. This bounty was made for o
period of fifteen years. The sugar producers,
North and South, relied upon 1t, made all
their preparations and invested their capital
and property for new machinery, expecting 1t
to continue during the period named in the
law Now 1t is taken from them and the crop
Of the present year, which has been produced
and inspected and tested under the supervi-
sion of the Government and by Government
officials, is cut off. This is the treatment
which the new law bestows ON the American
producer. How marked Is the contrast with
that bestowed upon the sugar producers of the
Sandwich islands, 1t may be said that this
Is only carrying out a treaty stipulation which
should be sacred. All of that admit. But is
the treaty stipulation with the Sandwich
Islands more sacred and binding than the con-
tract made with our citizens by the tariff law
of 1902 There is no excuse in law, Justice or
equity for this betrayal of the confidence OF
the people of the United States The law Of
1894 takes the bounty from the producers of
the United States-a bounty which amounts
to about 81, 1000 aunually-but carefully So
cures to the Hawaiian producers q bounty
which annually amounts to S8,0O0.W0. Istt
any wonder that the people reject this un-
American bill at every opportunity?
The Financial Problem.
Our present emDarfdSSment uOeS nOt come
from too little money, nor too much money,
nor from the character of money now in use.
Our difficulty is to get the money we have into
circulation. Our money Is all good. whether IL
be silver or gold, national bank notes, treasury
notes, greenbacks or gold or silver certificates.
serious problem today. To do this we must
not only have something to sell but be able to
find somebody to buy. No matter what We
have to sell, If there is nobody able to buy II,
who wants 1t, we must keep 1t. If we are eom-
PEELED to keep II we suffer the loss, In whole OF
in part, what it cost us to produce It. So long
as we cannot part with what we have with
profit we are not likely to produce more Of 10.
II we stop producing We will not need labor,
and when we do not require labor we will not
employ IT, and then wages are stopped, and
when wages are stopped one great factor in
the distribution Of money 10 stopped.
This is our trouble today. The banks are
filed with money. Money was never more
plentiful nor less employed than II is now. It
Il because 1t Is not employed that we have the
country, and the reason II v not employed is
because the Invitation T. safe and pro6tAbls.
Investment is not presented. Money VIII NOT
be employed unless induAtfy = believed to b.
on a permanent and profitable basis. Money
will be idle and boarded away as long as labor
is idle; and labor will remain idle until 1t can
be employed with assured advantage to the
employer.
If the circulating medium Of the country
was double what It is today 1t would be NO
easier for US to get 1t than IL Is now, and we
would have tc get 1t by the same process We
must give something for 1t; and II what we
have to give is not wanted by anybody, and
nobody is found willing or able to buy II, the
money will remain locked up as 1t now is.
What we need is wise industrial and fiscal
legislation, and then certainty that 1t Is to
stand. Uncertainty breeds distrust, AMI dis
trusf ma ral Yves the arm of industry
1t is not the lack of money, nor the kind Of
money, that is our trouble. 1t is thu lack of
prosperous manufacturing, and the absence of
confidence in the party managing the govern
ment, and want of faith in the future. When
| confidence and hope are everywhere mani
| tested, manufacturers are busy and labor Is
employed; and when both are engaged, the
one with fair profit and the other with fair
wages, agriculture is prosperous, and monsJ
has free and healthy circulation.
The prosperity Of the country eeL =: TO
permanently stopped. 1t may b. aslA,r.S e
may be checked; 1t may be curtailtd h iias
been and Ia now, but no party in govern.
ment by the people can long stand in its way.
| The party whose administration, legislation
and policy retards OF destroys prosperity will
| itself be destroyed. Every victory against the
! Democratic party, as 1t is now managed. Is q
step to that resumption of business and re-
| turn to prosperity which is everywhere 30
! much needed. 1t is the bow of promise to the
business world, and stimulates our industries
and labor with hope, courage and confidence,
and brings us nearer to the return Of the good
| times we left behind US In 1899.
The Question of Free Silver.
The Democratic party has been In control of
| every branch of the government since the 4th
day of March, 1893. Its legislative branch has
| been In session for more than twelve months,
| yet it has given US no silver legislation what
ever except to strike down the Sherman law
| at its special session called for that purpose,
! and in response to the urgent accommodation
| of Democratic president. The Democratic
| leaders in Congress made the most profuse
| promises of what they intended to do for ell
| yer after they repealed that act.
| Having disposed of ''the Republican make
shift" as they denominated the Shesman law,
! they were going to give silver an honorable
| place in the coinage of the country. Nothing
has been heard of this since. Nothing will be
| heard of 1t in the present congress. Nothing
| can come of 1t SO long as Mr.. Cleveland Is Pres
ident of the United States, for It is well un-
| derstood that he will veto any free coinage
| hill Yet the Ohio Democratic convention