Omaha daily bee., 1894-08-03

just their differences without further delay.
To remit these interests to another period OF
agitation, doubt rand uncertainty would be
in,olerabe." IRE Philadelphia Times, heartily
in sympathy with the tariff reform policy,
says that the FIRST great necessity of the
country is toihave the tariff issue settled.
"The Mckinley bill" declares that paper,
would be better, than the condition Of uncer-
tainty that must prevail II tariff legislation
must be defeated" The Springfield (Mass.)
Republican, an earnest advocate Of tariff re-
form, says: rWe have gone through panic
and succeeding depression, extending over
a year of profound and unparalleled inten-
sity, and this depression will continue as long
as uncertainty over the tariff continues" 1t
declares that business and labor cannot stand
an extension of this state Of things through
another fall and winter and they cry aloud
for relief from the terrible strain. 1t points
out that investments have become so pre-
carous that foreigners are withdrawing cap
ital at as rapid a rate as just before the
panic; that after borrowing on bonds the
federal treasury has still been reduced to
a worse condition than before that the reve-
nues of the government languish, its gold re-
serve is below the previously recorded lowest
point, and it is confronted again with the al
Tentative of snspending gold payments or bor-
rowing more money. This thing cannot
go on says the paper quoted, "without
bringing the country to the verge of another
panic, and it cannot go on without pungng
us into another winter Of more extensive un-
employment and distress than the last and
inviting the most profound economic and So
cial disturbances. We say, therefore, that
congress must settle this tariff question one
way or the other Immediately" The New
York Commercial Bulletin talks in the same
strain. "The real basis of treasury
improvement" it says, must lie in the
gradual restoration of confidence abroad and
prosperity at home, and these require, first
Of ALL the cessation of the tariff disturbance
and the return Of business to its normal
channels. With this accomplished the drain
of gold would cease the development of crop
movements and exports soon begin, the reve-
| nues revive, and the improvement Of treasury
conditions would be more rapid than those
who look only at the most unfavorable and
temporary features of its present situation
seem able to perceive
These appeals for a settlement of the tariff
controversy at once. way or the other,
reflect nearly universal sentiment among
the industrial, business and labor interests
of the country. Senator Aldrich is reported
to have urged the democratic conferees to
either come to an agreement or abandon the
controversy, and this is what they should
do. The existing situation is most deplorable
and to continue it much longer cannot fail
to greatly add to the disastrous results al
ready experienced! We are in the last month
of summer. If the deadlock on the tariff is
not brought to an end within the next thirty
days there will be winter of unprecedented
hardship and privaton for millions of the
| people Such a calamity must be averted
and it can be done by bringing to a conclu-
sion the tariff controversy.