The herald., 1896-05-31

procrastination that it has become the
subject of a maxim in relation thereto
From the railroad magnate, the capital
ist seeking investment securities, the
merchant prince. down the grade to the
peanut vender, they all feel, or pretend
to feel, the same. No action taken until
after election" This is the complica-
tion which arises when the quadrennial
elections are at hand.
1t may be, as Bismarck is reported to
have once said, that our governmental
principles are inconsistent with the doe
trne of continuity and stability, and
that we will not exist as nation one
hundred years hence. Probably the
somewhat mixed affairs of his little
wrangling empire made him pessimistic,
and as he and his friends found such
hard work to straighten out the wrinkles
left by Bonaparte and his predecessors,
the swapping and biting of petty prin-
cipalites at each other. and the neces-
sity for the application of the blood
and iron principle to create an affec-
tionate and loyal spirit among the Teu-
tonic people. it might have caused the
hard headed old gentleman to entertain
strong doubts as to the efficacy of our
peaceful methods of establishing the
sense of security we now enjoy. Re-
eardng Mr.. Bismarck's prediction. We
doubt it.
1T may be that the trainers of our con-
stitution did not understand their bus
mess when they decided that four year
presidential term was best suited to our
national complexion. and it may be true
that the calamity howlers all over the
land whose patriotism is based upon the
narrow creed of self" and a quarter
acre of ground have a better PROPOSE
ton in their vest pocket for the suffer-
ing DODulace I}ut we doubt it
We don't grasp our shooting irons
with that fatal determination we read
about when we are told in that See-saw
monotony of repetition that the election
of 1892 jerked this country off it's prosper
Gus pedestal and dumped it into the
business and fnancia. depression which
recent history shows began two years
before this event, and has been rapidly
disappearing before the revival of indus
try under wise administration. IN
the first place. this country is quite large,
and secondly its pedestal Is not small.
The election may have been frightful
Cisaster-but we doubt 1t.
1t is possible that the enormous pro
ductive energy of the nation, increased
by the Introduction and adoption of la
bor-saving devices, displacing just so
much hand labor. had nothing in the
world to do with the stagnation in the
demand market. But we doubt it,
II Iildy De tnat Ine SWar1nS OF 1lItny,
ignorant, degraded immigrants pouring
over the sides of the floating swine
stocks anchored at Castle Garden, be-
foulng our cities and wholesome coun-
try places with their degenerated pres
ence and associations by berding togeth-
ar like diseased cattle and working for
pittanceS to the exclusion of honest and
decent labor. have had not the slightest
influence in bringing about a reckonine
with the inhexible law of supply and de-
mand. And it may be that the PROPOSE
ton of war tariff to shut out our for
eiSn products. and thus curtail our
trade with the world, while throwing
down the gates to the hordes of foreign
ers who will manufa cture them here
is not on about the same principle as
pumping out a ship without mailing ur
the leak in her bottom. But we doubt
it.
1t may he that the experience OF our
western slope with the Oriental influx
that not many years ago threatened to
inGulf us in poverty and ruin before
their exclusion by legislative enactment
was a 'midsummer-night dream
easily explained by lot of sentimental
lists and religious ZealotS in the east who
knew nothing about our conditions and
temperaments. And maybe the effect o1
this immigration is not yet fresh in mind
from a practical standpoint. But we
doubt it.
1t may not be mathematically demon
strated that the Chinese wall a good
many capitalists and their deluded fol-
lowers would build around our borders