The Irish standard., 1895-06-01


sition Of that large commercial world
toward lis from whom we must borrow
money if we desire to advance and attain
the eminence which it appears we should
have, with wisdom on the part Of our
rulers and prudence in the political ac-
tion of cur people.
THE second element which may check
our advance to prosperity at this time is
labor troubles. You have had here yoEil
strike at the steel works, and now that
of your bricklayers, as | understand. No
class of people has suffered so much from
the depression now passing away as have
the laborers. There have been hundreds
of thousands out of employment.
Whence il; employment to come for
these? { answer from the piling out Of
capital from it's recesses into old and
new industries, the development of rail-
roads, iroT> plants, factories of all kinds.
| In the presence Of the danger OF strikes
and riots capital will stay til it's vaults
and the wheels of industry will not move.
| 1T is not the time fer labor or laborers
! to be discussing theories of the relations
of capital and labor Or vice versa. The
new thing--the all important question
is to get to work. The object Of all
should be to get the country prosperous,
to live happily, and that cannot be at
tanned without peace. | believe there is
a general disposition prevailing in all
parts of the country to give to labor rea-
sonaDle wages as soon as the industrial
situation will permit. But capital de-
nantls absolute safety In doing this, and
some return. There are OF course excep-
tions to this general rule--here and there
capital does go to extremes in treating
with labor But, on the whole, DO not
find any disposition but that to Temun-
crate labor fairly where business condi-
tions will permit.
keep our eyes upon the general
condition of the country, and not that of
a. specific class. There are many ele-
ments leading to thelate depression inre-
gard to which we may as we'll be candid
One was the populistic, semi-socialistic
| legislation which was enforced or threat
| ened in many states. 1t seemed i'll the
eyes or many as if capital was the enemy
of the whole country, and the result was
that capital disappeared from our midst
and the whole country was fiat. For five
or ten years to come we must endeavor
| to coax capital back, and it is the only
safe policy for us to pursue. Both rich
|. and poor are interested alike in the well
ldiS VI Lue COluliuutSlS duu udFC
that confidence in all Americans that
believe peaceful representations and ac-
| ticns will gradually do away with all
danger of abuse on either the side of cap
ital or labor.
''1'he violence, angry feelings, unsafe
legislation will undermine the whole
country. I do not believe these feelings
can spread. All that I have heard and
seen in the East indicate a great return
of the old-time American prosperity"
Archbishop Ireland entered Chicago
quietly yesterday morning and sought
the cool shades Of parlor V, in the Palm
er House. He was met by w. J. Onahan,
with whom he remained until O'Clock
last evening, when he left for st. Paul.
The archbishop was returning to st.
Paul from the celebration Of the golden
jubilee of Archbishop Williams, of Bos-
venerable father of the church.
During his absence Archbishop Ireland
had not only visited Boston, but New
York, Baltimore, Washington and other
cities, coming in contact with all classes
of men representing the business, fnan-
cial and industrial interests of the coun-
try. AS a distinctively western man,
reared and winning his great eminence
in eccliastical affairs at the key to the
wheat and grain belt of Minnesota and
the Dakotas, he asked eagerly on the
Atlantic coast as to the varying phases Of
the silver question. His own views were
more sturdy advocate Of the gold basis
determined before his eastern trip but he
wished to confirm them, and he returned
stronger than he had ever been before.
It is not to be forgotten that Archbish
CD Ireland is as much of a statesman as
he Is priest, and that in the history of the
commonWeal, where his lot has been
cast, the influence of his hand and voice
is to be recognized in much of the impor-
tant legislation of the last decade. He
said while pacing up and down his room,
after reluctantly consenting to an inter-
view:
THE particular thing with which was
impressed in the east was the hopeful
ness prevailing in all of the business cir
cles with which I came in touch. I met
many men OF national Importance and
of great business experience, representa-
tives of great interests, and they said to
me that unless something very unfortun-
ate occurred we were on the
eve of a remarkable period of
prosperity. OF course, this country,
with it's wonderful resources and activ-
tiles, could not have been kept down
very long, and in fact, never would have
been down but for the miscalculations
and faults of the people Of the country
themselves, which periodically, it seems,
have to be uppernost.
'"rhe activity in Wall street has ele-
ments of strength which reveal that the
movement upward is not merely transit
tory. Foreigners have bought our stocks
and bonds in lage numbers and are hold
ing the same. a gentleman of promi-
nence just returned from Europe told me
that foreign capitalists at last had reach
ed the point where confidence in our
American securities was once more re-
stored. I could easily believe this, for I
saw all of the great industries of the
East reviving. In iron and the other
great market products there was a de-
cided upward tendency as to wages, bet
ter times for the wage earners and at the
different factories larger orders being re-
ceived than for a number 70 years past.
While noticing this phase of the new in
dustrial movement, I at the same time
found that the crop prospects are very
good and that the economy Of the people
practiced for some years past has begun
to tell on demands for trade supplies
All over the country various stocks OF
goods have been exhausted and in con-
sequence now there must be large de-
mand for factory products of all kinds
The A. O. II. at GraceviiIe.
/. Graceyille, Minn,-The progress of the
Ancient Order of Hibernians in the state
49,. IL H.