Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1895-11-29


results attained, re- there neoeslatlly Is
ana imperfect notion 10 - tue applioa-
lion Of the proposed cure. IL the ooun-
Try suffers q period Of depression under
Arsvenue lsrf policy, many are apt
10 Thick that relief will surely and
swiftly come from a high protective
larli policy. Yet no mau ever taxed
himself rich, nor on this other
hand, did any mau ever deserve
well Of the world OF hiA poslerity by
wasting his own opportunities. abau.
doniug bis own market, and scattering
broadcast among competitors that
which belongs and Is necessary b him
self When tlmos are hard and mouoy
Ia scarce, tho great oure.Rll 10 held by
shallow thinkers 10 be the manufacture
VI more money-grsenbacks, silver, or
what not, 70 that everybody may have
plenty. Yet money 10 only useful In
direct ratio with its purchasing power,
aud a wagonl5Ad Of cheap money Ia
lees valuable and great deal more
Troublesome than q much smaller
quantity Of good money; while on the
other hand, tho nation or the com.
munity that has not money enough
even Of the sO.oAlled good varlcty--ior
the Transaction OF its legitimate busl-
ness Ia necessarily oramped and unsuc.
cessiul In accomplishing what IL
resources aud destiny would otherwise
nave made easy.
We might 90 on and enumef-
ate iisuvS, each OF which from
lime 10 time IL deemed all.
important and which ever aud anon
10 made 10 strut II, brief hour before
the public gaze; yet when put iato
practice II falls 90 come anywhere near
accomplishing the benefits promised
for IL. But such argument Is hardly
necessary. We maintain, therefore,
that the enactment OF high tariff law
by the incoming Congress, II such a
thing were possible, world not lmmedi-
ately restore full prosperity unless the
latter were already al hand; Just ~ we
contend that tho passage OF the fove-
nuo tAril law two years ago was
not responsible for the Industrial
depression which has since been
prevalent, but which In It's In
eipieni stages had even before that
tlme made its appearance. We also
maintain that the enactment VI free
coinage law, II that were possible,
would not permanently euro the money
slringency and make everybody happy
again. These arc only inoid nIs In n
oountry's history; each doubtless has
Ia eject, anu this IL mofo or lees lar.
reaching. But tho United States Of
America Ia no longer n "one.idea"
nation, and its weal or woe cannot be
materially affected by auy one issue,
especially where tho two leading
parties, with their very slight
differences In political creed, are
20 nearly balanced Ia power.
" hhh NV NVhhhJ hAa AN'NNAi "aN
what II has lately had with n ven
gsHncs, has been u day OF settlement.
Neither party's policy could have post.
ponsd that day very long--for the lims
had come for Il; and on the other hand
neither party'a policy could have long
postponed tho recovery-the resoutcts
and energies Of tho Republic Ars too
great to be restrained by the politicians
anu their hobbies.
Pursuing this argument to its proper
conclusion, We come TO the view that
parties sro given only probationary
power; aud tho nation will be better
OIL, and its legislation will be sAier,
when they fully realize the fact.
Neither Of them 10 the sole savior Of
It's Interests or the sole cham pion OF ils
welfare; and neither has either the
Meditation or tho power--lt least not
while patriotism IL as plentiful As at
the present tims-to bring upon It it.
totrlovablc destruction.
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