New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-09-15
THE STATE or BUSINESS.

Governor Flower T. anxious that the people
should make the best II the present tariff. The
hes, tba, can be- made II Il Il To repeal H. The
oplpIon Of 40 per cent Of the Democrats IN
Maine is the opinion ~ the entire body OF IL"
nuhIcons that this shameful and destructive
tariff ought To be swept ont ~ HE way rs soon
as possible II would not be- al all strange II
the verdict ~ the people this fall should be- 50
decisive and overwhelming that even ia" Pres
ldent himself should think II better 10 blot
out an enactment which was 80 offensive HAT
he refused 10 Sign H.
The Governor has served as Tamnanys hired
man so long and In that capacity has done 50
many things That were discrrditablc 10 himself
that he IS probably incapable ~ approaching
the lInpuplence Of his assertion that the Rcpub
llcans are AT present calamity howcrs. His
own reputation would be much better served by
telling the truth From ihc first 1t has been the
earnest desire of all Republicans 10 protect their
country and their business ~ fur ~ they could
from the cnlamiiO,iS effects OF Democratic voting
and legislation. They sincerely rrJoiccd when
the Democratic party, by the elections Of last
fall and last spring was whipped into abandon
Ing 10 a great extent it, purposes and theories
regarding The tariff. and giving the country
a measure far less harmful than The one origl-
naly proposed 1t would be extremely crafty
Ing To be able TO find that Republican victories
had thus secured a genuine and healthy rccoy
cry OF business from the extraordinary proSira
ton caused by Democratic threats and efforts
Governor Flower and his partisan friends have
been shouting over II return Of prosperity every
week since Congress began It's session last year
In August Whole volumes Of cfruSivc jubiaton
and roseate prediction have been emptlcd on
the country during the last year, and about
twice a week the Republicans have been derided
or denounced because they failed TO perceive the
glowing and glorious pictures set forth In Dem
ocratc Journals. The naked truth Is that the
business Of the country was sn,"lcr In August.
1894 than In any other month since the panic
was at It's height. and In September thus far
the gain compared with the same weeks of Sep
tembcr last year Is uncomfortably small. while
the decrease In comparison with September
1892 IL nearly 80 per cent. After all the shout
Ing and Qualification Of the last year It Is not
very much to be able 10 say that little over
20 per cent OF the old business Is In progress.
Every Republican most heartily wishes things
were better, and at the same time feels a gcnu-
Inc contempt for the men who are trying by
labored Justification to make them appear better
The iron manufacture. for instance. reports
this week that the capacity Of furnaces In blast
Is 1J111 tons whereas In the latter half VI
1901 the actual production was 1SS.0l4 tons
weekly. In quantity Of products, therefore. the
industry Is doing just fourffths Of full bust
ness. and that at prices which average about 10
Der cent lower than IN 1890. In that year the
value Of all products Of this industry was about
81, 900. O0O. 900. SO that II would be about $780,
100000 now II prices were unchanged, and con-
sidcring the decline In prices, Is probably abont
500. 600 smaller than in 1890. Out OF about
100000 hands in that industry something Ike
12OODO must be Idle and the rest earning from
30 TO 40 per cent less than under the Repub
lican tariff Yet the recovery has been more
marked and encouraging in this great industry
than In many others. In the w0Ollcn manufact-
ure II Is estimated by ''rhe Wool and Cotton Re-
porter that the business In progress Is only
about half that Of a normal season. all kinds
Of goods considered, and the sales Of wool bear
out that estimate.
1t 10 not sensible to be wildly enthusiastic