Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-08-08
TWO MUCH TAIL TO HIS KITE.

threatened 1t is an insult to the in
tclligence of the American people to
say that they have forgotten the blight
ing distrust that fell upon every en-
terprise in this country that could be
affected by the tariff-and those that
are not are too few to be mentioned
when it was known that the ma jority
of the voters in the electoral districts
had voted for an administration
pledged to treat our protective tariff
as "a eliminating atrocity." In view
of what was threatened was it reason
able TO suppose that enterprise would
branch out and plan for a future thai
was uncertain? OF course it wasn't
when radical changes are to be under
taken in our revenue system and pro-
tcctive tariff is a time of depression,
whenever those changes threaten Il
cutting down of the barriers that ex-
cludc the direct competition of foreign
manufacturers with their cheap labor.
The actual occurrences in the begin
ming and middle of the year of 1898 bore
out the theory and predictions of the
Republican party before the election.
The Industrial system and all in sym
pathetic connection with it was, as
would he said of a human system
run down, weakened, rendered sus-
ccptihlc to the germs of every disease
to which it was exposed. 1t was in
this condition that it was exposed to
the germs of financial heresy The
sick chamber and whose prescriptions
were recognized and filled, diagnosed
the case wrongly. applied wrong RENE
dies, gave out false bulletins concern
ing the patients condition and through
out the four years illness have gcner-
ally mismanaged the case. Regarding
part Of the trouble they have been
right. upon the cause they have been
wholly in error. Even now they are
cropping along in the same incompe-
tent way. They have just issued a
bulletin in which they adhere to their
Old errors, overlooking the fundamen-
tai cause. We quote in another col
umn what the New York Sun has To
y n nd
readers will carefully note what the
Sun says.
These incompetent physicians make
no mention of the reason why they
were obliged to sell bonds to the value
Of nearly three hundred millions and
they make no mention of the fact that
their dose of free trade cut down the
revenue so that they had to use about
one hundred and sixty millions of that
borrowed money topay the running OK
penses of this government. There is
nothing in any of their bulletins to
months of the Wilson German tariff
the receipts were only S556, 00O, 900,
whereas for the same length of time
under the Mckinley law the receipts
were $3.50, o00, 900. They make no men
ton of the additional fact. that while
the receipts from importations were
less the iMportatiOns of those articles
formerly made in this country by those
who consume our products and pay our
taxes were more, and that so much
money was directly taken from the
pockets of our people. Is anyone so
foolish as to suppose that the work
inSmen looking upon closed factories,
the farmers who sold them produce
when the workingmen had money to
buy, the business men who prospered
when the wages under a protective tar
if were in active circulation, have for
gotten the attempt at free trade in
which Mr. Bryan bore conspicuous part
on the threat that such as he made to
the effect that they would still further
cut down the tariff if ever they got a
chance? No. And they have not
overlooked the fact that Mr.. Bryan
stands upon a free trade as well as
free silver free riot platform and sub
scribes to it all with all the zeal of a
hf nj