Graham guardian., 1895-10-18
BUSINESS OUTLOOK.

become reconciled to the situation,
and are ready to indorse the mean
ingless platforms of their respec-
tive parties. The better employ
ment of labor, the revival of bust
ness and the bright prospects of
the manufacturing industries tend
to silence discomfort. When
hunger is appeased, and the worlds
toilers find plenty to do, with sat
isfactory wages, they will not be
anxious about the financial policy
of the Government. There is no
Disgusting the fact that the silver
question is in allegiance, in conse-
quence of the better times.
For the same reason the advo-
Gates ola high tariff find their oc-
cupation gone. Mckinley predict
ed terrible disaster would follow a
reduction of duties. The Wilson
bill, if enacted, would throw labor
out of employment, shut up our
factories, put out our furnace fires,
bring poverty, want and distress
upon all engaged in agriculture
and in mining. The cotton and
wool growers would be compelled
to find other employment.
The Wilson bill was passed, and
not a single prediction has materi-
allied. Millions of laborers have
had their wages increased by the
voluntary act of employers. Manu-
facturers, are not only supplying
the home market, but absolutly
successfully competing in the sale
of their product IN foreign markets,
Our iron masters are sending their
iron and steel to England. Our
carpet weavers and manufacturers
of fwool and cotton goods, generally,
our makers of furniture, Of agricul-
turial impliments, Of glass, and, in
short, every other industry where
raw materials are obtainable free
Of duty, find a market in all coun-
tries, and at the same time are ad-
vancing wages without solicitation.
The FFhh6 proteetioRR-to-labor argument
is a stale chesnut. Mckinley
poor fellows in a more pitiable
situation than the advocates Of the
free and unlimited coinage of sill
yer. He is not only false prophet
but the whole theory of protection
has received its eternal quietus.
His worthy ambition to become
President of the United States can
never be gratified. because of his
views on the tariff. Not being dis
tinguished for any other great
achievement, he will certainly be
defeated in his laudable and pains
taking efforts to occupy the highest
position in the gift of his country
men. A very large number of the
manufacturers, whose influence
with the operatives has been ON
nipotent, and who contributed their
time and their money to defeat the
tarifffor-revenue party, are entire
ly satisfied with the result, and will
not favor a change IN the tariff
schedules.
AS we have intimated, the restora-
ton of silver to its old place is
only delayed. 1t is certain to win
finally, for no nation ever pros
pered that made war upon silver.
The people will conclude that if the
United States can prosper after
one half of its legal tender money
is destroyed, how wonderful will
be its progress if the money of final
redemption is doubled in volume
If we can advance under adverse
legislation, how glorious will be
our situation when silver and gold
are remarked.
The present prosperous outlook
of the industries must be. attributed
solely to a reduction of duties
Garfield was right when he said
that the tariff schedules should be
revised in the direction Of free
trade. Mr.. Sherman said that there
should be no tariff for protection
that did not yield revenue. The
Senator, however, voted to impose
duties which were entirely prohib
ltory, which brought no revenue
to the Government, and thus in
vited the organization of trusts
which yielded large revenues to
their members. With full knowl