The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-10-11

1fsra Z sfrr ssrrsf Irsh1iAr~n~
The Iunrnal ~ Commerce and Com
npereia. Bulletin. D. New YORK, stands
a. the head 81 the commercial papers
az this country. ], j. ~ course strictly
nou-partisan in politics IT, review OF
she history ~ the first year 81 lower
duties should be read by all croakeFs
IL j. a. follows.
The tariff law has Just passed Is
birth day. AMI we mar begin tn make
some general estimate II IL ilfirence
upon "a. country II has had : stormy
infancy and has proved like many 9TH
er Infants not % good a. - parents
hoped. =ah not - bad a. the nei-hcoFs
predicted. A. = revenue rai>er u has
thus far proved something ~ a di>ap-
pointneni. because the supreme court
deprived !. 81 is income tax feature
and the fall in sugar values cut down
the al vaiorem assessment upon ina
article. and -rca- quantities 81 raw
smear were. rushed into the country free
Of duty .hils the obiiyin- senate neir
the door omen ana li~tilier> hal ample
! oDpDrtuni-v T. take spirits ont Of uois1
before The increase Of dutv went into
effect Portions OF the act. also tii not
90 into effect til some tirne after the
main par. ~ II became a iaw- Iha' y
became 4 law four weeks after the
sa,e named III the act Itself and witn-
out the Signature ~ the president a-e
minor incidents characteristic OF me
tremendous ~trnrgle out OF whien u
Wa born. But even this much aouse'i
;n..rusnen. o.. taxation j NOW proiu.-
in,r revenue az rate ~ nearly Si>''--
ssa. 100 rear. and - much ~ rne n~el'
xear as has Passed being Ini1Suzaner
i i more probable that the rate 81
Weld will Increase than that y wh-a de-
crease. II !. shall pr.-luce si-A"sAs'A
this fiscal wear the deficit q the treas
arr will not he serious enough tocans<
any one loss " sleep
The effect of The new tariff upon oui
producing Interests must =. eraelute-
. 10 L. either good or not harmful
There i a roosl degree Of activity u
wooden mill, in spite Of large imports
.. cation mills are doing a great bus
, mess. and the iron business bids fair L
|. break the record for quantity OF pro
luct;on and for the rapidity Will
which prices have advanced Free
are still generally low and profits are
. or have been. light But u - certaIl
.hat there have been profits and tina
they were not wholly unsatisfactory
/, for the increases Of wages made voiur
iarilv. or with little resistance prov
/. the manufacturers TO he IN pre''
rood condition Labor Is fast gettin
= hack the WAGES of issS- and IN
amount, q. production has in some line
: exeeessei that ~ the best prevlor
!. wears Ifany considerable Industry
this country j. suffering from the op
ration Of the tariff il has not ret 81
:. seeded in making its voice heard ao"s
!, the din ~ wheels and the cA1ng
hammers that : re>Ounding IN evei
I. part 81 the c0untry-
This does not prove sl2t the tar
= i symmetrical. Or in all respects WI
!, II should BE- bss. i proves that tAo
who call IL destructive are in0uA-l
IN partisan baldersia~b, ana Evhat =
more Importance. that onr lntr~fr
Aono. depend ~ entirely upon isyi-
rfon a. many Deopl. imagine Io,1
our industries exist for good s0u
commercial reasons and 40 not live
permission Of congress h-ven the
4. Mate Industry esta abolished here und
cover ~ the late tariff law was
:. seriously disturbed by the long Per
inr proposal for the REPEAL Of THAI Ia
ara with q substantial reduction
The protective duty il has gone on :
ne tending itself till at the present
capitalists IN il are disturbed BY lea
!. Of ovrprodueticn- The reduction
the drty does not scenic have enecs
the growth of the industry for
moment On the other hand expe
mental shipments Of iron and =
-. sro.n this country prove that the z
j near when we shall play no mn
:. portant part in the worlds
AL markets