The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1895-06-21
THE TIDE Of PROSPERITY
Swiftly Rising in Spite Of High
Tariff Organs.
The Professional Calamity Howlers
Find Their Occupation Gone. Tin
Plate Falsifiers Seek Seclu-
sion. Business Thrives
Very Steadily

The multitudinous hum of industrial
activitg has almost silenced the sinister
Predictions OF the calamity organs con-
ssrning the disastrous effects of the new
tsfif. says the Philadelphia Record.
While in one column they are CON
strained to publish accounts of tho
Earoh of prosperity in nearly all
branches Of trado, IN the next column
they doctor" statistics in order to
ETove that the now tariff is "ruiuiny"
tie textile manufactures. They are
obliged to record the reports from Pitts
burg that all the leading industries in
hat great eenter-iron, steel, glass,
faTn Implements, etc.-are III the full
tiJh of prosperity.
5eAn Jarrett, secretary of tho Tin
Flats association, reports that call the
Gin plate mills of the country are crowd
ed With orders" and arc running to
tfeir full capacity" This is one of the
rrStected industries of which ruin"
was predicted under the deadly influence
Of the now tariff The revival of the
iron snd steel trade shows how clear
sighted was Andrew Carnegie when he
earnestly advised his follow manufac-
tuFerr to male no factious opposition to
tho Wilson bill Had they taken his ad-
vice, Instead Of lending encouragement
to Tie calamity howlers aud professional
prsGeetionists, the healthy reaction now
10 be witnessed i'll the iron and steel in
6aseries OF western Pennsylvania would
Eave set IL much earlier.
Withp stroke of grim humor tho great
Industrial movement is described in tho
tariff organs Us q recovery from De-
mecraoy's blight" What is most re-
ia'arkable is that tho recovery from the
blight" has taken place within loss
than nine months from tho passage of
the Eew tafifg, and under it's full influ-
egee. There has bean no such exnlaple
singe the same false predictions were
made. Of the Democratic tariff blight"
CT 1916. Within less than two wears
after the passage of tho tariff of 1916
tho opposition co it, even in Pennsyl-
wanna, had almost died away Tho OPP
position to the present tariff promises to
DO G. still shorter duration.
H'or the purpose of making an Offset to
tbs iHnuMerable reports of industrial
prosperity the tariff organs have raised
great claraor about the enormous inn
re:tarions Of wool and wooden goods
withtn the last four months. AS tho
wool schedule did not 60 into operation
until tho 1st of January, it is too soon
80 estimate its effects upon trade. The
Simple cause Of the recent fllip to i'm
p9ftattohs IS due TO the fact that tho
goods were held back in order to escape
payment OF the exorbitant Mckinley
Satiss In she large importations of the
GEss5 2ecceS of Australia and New Zea-
iaiid Tor the first time is evidence of any
thing bat the alleged depression OF tho
WOODEN manufacturers through excess Of
foreign imports Of wooden fabrics. But
IN order to show the heavy importations
Oh woalen goods since Jan. ] tho tariff
ergaps resort to the tricky device of
making comparison with the correspond
ing period in 1894, when tho country
YVES IN the midst Of industrial dcpres-
slop. a comparison with 1892 or 1898
would INST have served their purpose.
and they have therefore taken the year
of calamity bowling, when both forei IN
and domestic trade had fallen to the
lowest eSS.
The impudent assertion that the un.
ORGANIZATIONS Of woolcn goods have been
largely Increased under. tho nd valorem
dnties OF tao new tariff is completely
retuted IN tho fact that under the Me
kin!sE tariff tho ad valorem duties ON
the SAGE imports were still higher and
were enhanced also by heavy specific
dIties, which no longer exist When the
mckinley tariff was in full operation.
the Ncolen Manufacturers association
eApioyea special agents to assist tho
custom House officials to detect the
trsuds!4st valustions Of imports, which
had escTh, to an enormous evil And
noN' tao false pretense ia made that
these fraads have increased under the
reducsa ad valorem duties on woolens.
Sut tie opportunities for manipulating
trade statistics and misrepresenting the
new tarif are rapidly disappearing as
the public becomes familiar with the
fact. and hence the calamity organs be-
tray feverish desire to make the most
OF the tinas that is left them.
-.
Copper Industry Burni.i,ine On.