The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1894-01-11

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The Old xenr Bad--win the New Yea
be Betsers
tCommunscated.]
4 Never since the winter al Vale.
Forge has any y~er In the history o
thu American people closed with sucl
. record Of niisfortunes and ruin ane
such dark and forbiddin9 prospecl
as 1888, Under the nost contamptibls
and Incompetent dynasty dreamed O,
In this century. There are mors
workman out Of employment in the
United StsteB at present than the
whole population of the thirteen col.
ontsg in the revolutionary period, and
the shrtnkaRe In values. the losses BY
failures and the enforced idleness Of
capital and labor during tho last siS
months make an aggregate larger
thnn the whole cost OF the war OF the
rebellion. II Ia a sad ending OF year
that began with such bright promises
OF continued prosperity.
BY common consent. and by indls.
pntable facts OF history, 1899 was the
most prosperous year In our whole
national career. Every productive
enterprise was taxed to Its utmost
capacity to meet the demands for Its
output at profitable prices. labor was
never SO generally employed at such
high wages, and capital displayed
nnbonnded confidence In all legit-
innate undertakings. We produced
unprecedented quantities OF the
neoesssries and Injuries Of lifo at
our own farnle, mines. factories. mills
and shops. md SO largely did con,
sum ption, cnust d by general prosper
ity outrun our production. That we
imported larger Quantities OF foreign
products than In any other year for
many years.
Ali the natural and most Of the ar
tificlaf conditions OF prosperity were
as favorable this year as last, but
Mas. how different are the results, In
competent and tyrranical, IL not dis.
honest management.
Last years balance sheet showed a
profit on evory line OF enterprise and
industry. but 1893 shows q loes on
every account. 10 1899 we added
more thap two billions to the stored
wealth CT the nationdn the six months
ending on the first OF Januafy,w we have
scored loss OF more than six billions
In the market value OF all our pro-
perty. certainly sorrowfui showing
for the great Il ara Gresham, Carlisle
aud Gray.
In 1872 the factories and mills OF the
country worked day and night to
meet the public demand for their pro.
ducts. but in 1888. half of our great
Industries are idls. while almshouses,
soup houses and jails are oEercro wtiedl
and millions OF TIM unemployed Rrei
gathering the phngs OF hunger and
cold, or com hitting Suicide. In 1899
confidence rslgned supreme, and cap
I'D L. Al
Tor the development OF our vast nat
uHal resources; in 1893 distrust is uni
rersal. and Idle money congests In
The banks OF the great financial GEN.
tres. because It's owners can lind no
sale and profitable field for its use,
What will the new year bring to the
millions OF American citizens, who
have suffered such terrible losses and !.
hsrdships in 1888. Time alone eau
tell.
1t docs not, however, require a
prophet or the son OF prophet to i
loresee that il the administration ini
power in the national governmental
pursues The same financial and fiscal
policy during the present year, that, I
II forced upon the country during the i
phet year, the Future will be much :
worse than the recent past has been.
4 our money supply must be reduced
% the narrow limitations OF thu sin.
yie gold standard. and II our great In
iuetries must be destroyed by tariff
inkerlng by Gar Cleveland, Carlisle.
wilson and Gray, whe are as idioticallyI n
TO manage 1t as they
,roved themselves to he on bnance,i
will be a. day Older and a day
yorse with us, until the people have II
chance at the polls to correct In
ks,
hey committed In 1872. That Is a 8
ong time to wait. altogether too long
or the millions of starving iaborers
mt OF employment. or working for
arely living waRes half time at pres lT
mt. and something should be done u
to compel the goyern.i
mont to turn from the Cleveland wait IA
anic policy. to the financial and fiscal Igi
olicies which permitted. IL they did
OF produce the great prosperity OF =
A serious question here arises. CAM
70 expect anything better during this
dministration1 Upon what can we
use any hopes? The cry OF men, WOO !.
len and children for bread. finds no n
In Cleveland or his honch-
ION. as they are nnly chosen to do his
idding. The test element of his party 4
ignored by him, and despise him.
he demands OF the gamtisrs in
'oney, honda and stocks is the only
rRyer that finds the tender spot inT
is heart. And many who fiatter him -
! public, damn him secretly. and ont
de Of those whose personal interests =,
re served by him. or those who ex- ~
ect to receive persoHal benefit from
I'm and The party, there are not flftylE,
rominent monitors of his party who
Iouid utter ono seEtance In his de- n
,nse.
Another bright episode in his nd min !"
'tration was in spending $500. 900 to
nj few hundred dollars In fraudu-I =
mt pensions, but Us the brigadler
rs the opportunity to smits the old
,ldiers, " must be exercised. andy ~
hen the next election returns reach v
'ashingtoD. Cznr Cleveland will think
has felt the shock OF an earthquake,
though his political creed Ii II am I'm
10 Government" al
DR J. B. WEIGH. W
Wilmington Del. I'M