The Coconino weekly sun., 1895-06-13
TIE CLAD RECOVERY.
How Improved Business Conditions Were
 Brought About.

Il
 How Improved Business Conditions Were Brought About.
 The people begin to enjoy the fruit of two overwhelming democratic de- feats Hearty congratulations are in order for the substantial improvement in business which has already ap- peared, for the measure of success which some industries have thus far attained in commanding the home mar ket and reopening their works for American workers, for the partial restoration of wages which has been possible, and for the restraint of for .isn importations within such limits that the gold reserve has not been ex- hausted again before new crops could be assured. At the same time it is in order to sec just how the people by wise voting have helped to lift them selves from the gulf of disaster into which the folly of 1892 plunged the country.
 the future are honored. Our people anticipate everything, good or bad, and discount it as closely as they can. When the voting in 1892 went in favor of free trade and soft money party, gold began to go abroad and mills to close within month, although it was perfectly well known that months would elapse before the threatened changes of national policy could be ef- fected. The panic came when new administration had set free trade officials to enforce existing laws, had called together free trade theorists to frame new tariff, and threatened to pay silver only for treasury notes. That panic was in substance an at tempt to anticipate and discount the conditions which must control business and industry if the democratic policy should be carried out The assertion that it was caused by the silver-pur- chasing clause, and would be removed by it's repeal, was exposed as an impu- dent falsehood when that repeal failed to bring recovery.
 Then the people took hand in the game. Their crushing defeat of dem- ocrats in November, 1893, though not immediately effective in changing the control of government, unquestionably altered materially the bills afterward reported as democratic measures, and the voting in congress, and especially in the senate, upon those bills The tariff threatened in August had half the mischief knocked out of it by the fear of democratic leaders to report any such bill after the defeat in No ,,l, G., ported had half its power for evil knocked out of it by votes in the sem ate, which were dictated by the Ire. mendous democratic defeat in manu- featuring and mining states The spring elections of 1894 did their part, by showing that the revolution against democracy had not abated. Thus it came to pass that the people saved themselves, by wise and prompt over throw of the party in power, from a great share of the disaster which dem ocratic purpose and policy would have brought about if there had been no such restraining influence.
 Even then business recovery was mar row, slow and altogether inadequate. It was threatened that the tariff en- acted was only first step, and that the work would be renewed in Decem- Der. At the same time the silver and the state bank schemers threatened to upset the monetary system completely. The people spoke again, and by votes in November, 1894, said what they thought of the acts which had been passed and of the policy which.it was still proposed to pursue. The worst. defeat since large share of the demo- crats were in rebel uniforms brought to bear upon the party in power pressure which was irresistible. It be- came utterly powerless, Tn the face of that verdict, to make any further change of tariff, as was threatened, or to pass a wildcat state banking bill, or in any other way to break down the monetary system. When the dis graced and defeated congress vanished from sight and it became a certainty that there would be no more changes affecting business until republican congress assembled, then, and not till then, business began to recover i'm a sure and steady way.
 This recovery is an anticipation. It is discounting the improvement which men have right to expect when the coming congress brings republicanlex perience and patriotism and common sense to bear upon the difficulties of the country. Possibly the hopes en- tertained may be in some things, pre- mature, for there will not be, a. dis tinctly republican senate, and Ptesi- dent Cleveland will still have power to block. much needful legislation But the people know one thing, that they can finish in 1896 what they began il ls93an 1884, and that meanwhile they are not to have any more democratie law making.-N. Y. Tribune.
 eY The free traders who, point with