St. Paul daily globe., 1895-07-04
GOLD BUGS,
AS Compared to the Financial.
Hessian Fly and Chinch Rums

! AS Compared to the Financial
Hessian Fly and Chinch Bugs,
The gold bug, as a bug, first made it's
! appearance here, in the United States,
In 1853, and from its appearance until
1892 never did the people of America
! see more prosperous times; never did
! the laboring men have more employ
| ment, and never did they receive bet
! ter wages. But, since the world was
created, there has always been some
| thing to retard progress In 1890 the
| Hessian fly lighted among us, planted
its eggs, and then Matched out in 1891
| 81 and SO, and as soon as they were
| matched their deadly work was visible
/ on every manufacturing plant that it
! lighted among, which wilted under its
| deadly sting.
In 1880 it struck the wool plant, which
/ gave material 32i2 per cent less to Eng
| land than it did to America, in conse-
! quence of which nearly every woolen
mill was closed here and as a result. in
! 1888 we imported s44,000,000 worth of
woolen fabrics, made in a foreign coun-
| try, by foreign labor, and threw that
much Of our labor out of employment.
Our mills bsing almost entirely idle
! by it, made no demand on our farm
! ers for their wool, and in consequence
they received less for it than was ever
known in America. AS it is a known
fact, we cannot run our mills without
foreign wool to mix with ours, and have
| not for the past twenty years. All
this time our imports of wool have far
! exceeded our native growth.
| On July l, 1898, the Hessian fly
+ Matched out in the pig tin plant and
| in just eight months thereafter forty
| seven tin plants wilted and succumbsd
ioto the poison. Up to that date every
one of them was running to it's ut
most capacity. Up to July !, 1893, we
! had always imported our pig tin free
Of duty. From that date on the Hessian
! fly made US pay cents q pound, or
$50 a ton more for the raw material
than did our Welch competitors, and
| for every pound of tin plate manufac-
! tured in the United States we either
purchased the pig tin in Wales, New
tI%ealand, the straits, or SPAIN Never
Iewas pound made from our American
mines that found a market. While we
/ have tin mines here they are led
| with mica and cannot be separated and
| of no practical use.
The Hessian fly, in 1890, fought hard
| to plant it's eggs in the raw hide, but
| thanks to God and congress it did not,
| consequently it never Matched them
| Had it done so, it would have closed I'D
! the only industry we had running of
any account in the United States, viz:
The shoe and leather manufacturers.
! In consequence of its not Matching we
have been abundantly running that
| plant, which has enbaled us to export
| one-siXteenth of it's products. Hides
! have been on the free list since 1885,
and had the Hessian succeeded in get
ting the specific of 21a cents per pound
| it would have meant that we would
have paid 40 per can't more for the hide
| than France or England. AS five
| eighths of the hides come from the
Argentine Republic our factories would
have been closed in toto, and not
| factory in America could have made
| a shoe in the face of the French and
English 40 per cent beneficiency.
! That HesSian fly was known as the
| Mckinley bill. God be praised, it died
| out on Aug. %, 1894, and was a failure,
| as has been every thing its hands ever
| touched. AS soon as the Hessian died,
the plants naturally began to revive.
| Nearly every Serviceable woolen mill
| in the United States reopened, and to-
i day they are are all running to full
| capacity. There has since been a no
| ticeable demand and advance in wool.
Forty-seven tin plants were closed
| before it died, which were all we had;
! today, siXty-two are running, or are
| under construction, and only two weeks
ago one-third of the Welch mills, our
opponents, closed theirs, as they have
| since lost our trade, and American
! labor is now manufacturing for Amer
| lea Today We have nearly every man.
| ufactory running, and 100000 men have
received employment who were unable
| to get a dollars worth of work after
| the egg Matched until it's kind was
| dead. This year we will not import
! the S44,00 COO of wooden fabrics, but
| Americas labor will largely make it
| here, and every tin plate will now be
| plated here by American labor. The
| shoe and leather industry is growing
| greater; home consumption all made
| here, and exports greatly increasing.
And now we see before us another
! pest of the air, known as the chinch bug,
l9or silver fad. 1t has no reality, but it
| is menacing. 1t has not yet lighted
| before us, and God forbid its ever do
/ ing so. Our government under the
| gold bug has never lost prestige, and
| has been rated, and ever will be, 100
| cents on the dollar under the present
standard, while the chinch bug is
| like the effervesence on the soda water
as soon as it becomes exposed to the
| air, there is but the half left; and when
we come to. import our teas. coffees,
| spices hides. woods, pig tin, ETC., we
| would have to give two for one.
We have more silver now in circula-
| ton, since it was demonetiZed, 100 to !,
/ than has been known from 1894 to 1873
| Why is it? Simply because it is re-
| deemable in gold in sums of S.. Were
It not for the gold tonic given, it would
! have been dead and unheard of long
I ago. Were it not for the gold brace
| up, not ehinch bug in America would
trade chew of tobacco for it. Take
away its gold sustenance, the chinch
bug would de for want of circulation.
Since the government has ceased the
purchase of silver, our miners have
turned heir attention to the gold prod
ucts. which has turned more dollars
to the pockets of America, than for
twice the time spent in silver mining.
1t brings forth a real purchasing power
instead OF fiction, and one that will
sustain a national credit instead of
defunct, repudiated obligation.
II. C. 3.
Ir,n-Dx-snv tho Sh;-,ipD Heup