New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-25
Tile BETTER OUTLOOK.

eve are rid of q Democratic Congress, and
out of danger as to gold payments; why then
does not business revive more rapidlyE 80
people are asking who thoroughly understand
that the cause Of prostrauon has Deen inc
Democratic party and it's actions, attempts ana
threats. They have not been befoOled by ule
prctence Of Democratic partisans that the coun
try would be blessed by that bundle OF 1raud
the Wilson tariff, but believe that substantial
and large recovery of business ought IN reason
10 follow the removal of anxiety lest much
worse should be done, in that and other mat
tiers.
The first answer TO these inquiries is that
como Dotience is necessary. 1t takes only an
instant 10 break mans leg, but weeks may be
NODDED 70 heal IT and restore its strength. The
u.o~s+ sbocl, sustained for half a century by the
industries and trade of our country couiu hot
fail in the nature of things, to leave pehihu At
effects which could only be removed py srau.
ual recuperation. Ii is no longer matter Vi
confidence, as many imagine. ana II IL were
possible to revive enthusiasm ut once, us was
done in 1874, the result would be trading anu
risking far beyond the limit OF sa1e'y set ny 'ic
reduced purchasing power or the peopie' -
that years of slow and painful liquidation must
follow rs in the years 1S151S1S, inclusive
The healthy recovery comes with gradual res
toration Of the buying power Of the people.
The signs of such recovery are to be sought
in the increase Of working force IN various IN
dustries. and il. the quantities of materials con-
s1med: and, second, in such partial restoration
Of the wages Of labor as some large establish
ments have been able to make already Ihese
add directly to the ability of the working mill
IONS TO buy food, clothing, and all the con-
vaniences and comforts of life. It Is not OF
the least use TO hope that a people who earn
g ono 600 600 in q year will spend as much rs
tbev did when they earned $10,00OOOOOOO. III
mart are idle and part have wages cut down.
tho recovery hats until industries are more
f,,,v and prodtably employed. Thus 1t IS the
hast of oil signs that some progress Is really
made in finding work for those who have Deeh
;dIo and in restoring some part Of the severest
rodnctons made in wages during the prosua-
ton. 49,, .
There are some forms Of growth which nat
urally come as compensation III u4o
nressod nrices and wages. At such tines inc
opportunity TO put up large Duiidinss az "''
Than the usual cost is always embraced py
many capitalists and real estate owlels' anu
If they multiply structures beyond the iili'Ioo
n q requirements OF ulc COuA4biS, my
whole Of several years rent in the cost 1heAr
forehanded enterprise helps TO make WORK 'of
millions of workers, and thus TO enable thein 10
buv more largely Of others products. ana so
,onds 10 promote the substantial recovery Oh
business. which will fill the buildings and the
pockets Of the owners.
On the other hand 1t IS not safe 70 forget
that until the new tariff has been repealed ihe
country must get along as best 1t can under an
act which tends to depress industry and wages
II is not by any means as bad measure as the
Democrats tried to pass, and though the most
Inconsistent abortion ever produced by legis-
lot,ve body. and in its corruption the most
shameless. IS in many respects less harmful
! than If It had been q more consistent ana non
est act. But there is no use in ignoring the
fact that It does harm, and will continue to re-
tard the prosperity of the country until tho Will
Of the people Is no longer blocked by Demo
| cratic President Large and cheering gains
ore posslble, but the full measure OF prosperity
entoyed under a truly National policy cannot be
ernected under the wretched botch called a
Democratic revenue law.