The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-09-12

product. If we had wool securing
plant a soap factory to consume the
refuse would follow. Let one manu-
frcturing industry be esta ablished here,
and within FIVE years The Dalles will
be the manufacturing center of
Oregon.
What is the matter with that man
Hilary A. Herbert, who is secretary Of
the navy, that he has to send his
political expressions to London
paper? If he is going to support Nc
Kinley, why don't he CON e out and tell
some American paper so? But since
he is one of those who favor allowing
England to dictate to our financial
policy, he probably thinks the London
papers should also have a corner on
the news.
Mr.. Bryan insists that the tariff
question cannot be made an issue until
the financial question is settled. He
wants to know why it would not be
we'll to submit it to international
agreement along with the money ques-
tion. How would this suit our repub-
lican friends anyway? Why not ask
the consent of Great Britain to levy
import duties upon her products if we
are to be guided by her dictates with
reference to our financial policies?
Unless the unforeseen happens, Capt.
l
Fiske informs us the canal and locks
at the Cascades will be opened for
traffic on Nov. 15. Then The Dalles will
be the head of free navigation on the
Columbia river, which will give il a
prestige over all other points in East
ern Oregon. But it will not deriye
full benefit from this prestige until it
becomes something of manufacturing
town. The establishing of single
factory here will be the first great step
toward progress.
The issue of interest bearing bonds
in time of peace is justly condemned
by the republican national platform,
and the orators of that party are pledg-
Major Mckinley is elected president:
but how is he going to obtain gold
with which to redeem our credit cur
rency except by the issue of bonds?
he cannot expect to get assistance
from the senate to raise revenue, and
if he did there would be no provision
for paying duties in gold.
A few, though very few, of the gold
standard press continue to harp about
the low wages paid the half-civilized
laborers in Mexico, and'compare them
with the wages received by the intel
ligent workmen in America as an
argument against the free coinage of
silver, but the more enlightened
papers have given up the idea that
this is argument. They concede that
it is the condition of the laborers, not
the standard of money that makes
wages low in Mexico.
There is more wool stored in The
Dalles today, belonging to original
owner, than at any other point in the
United States. In fact this is one of
the largest wool centers on the conti-
-..---,, -ls---~- SnlpmenU,
not pound for home consumption, or
at least there is no means for consum-
ing pound. This is all wrong. In
stead of shipping seven or eight mil
lion pounds of wool each year we
should be shipping two or three million
pounds of manufactured woolens. Start
one woolen mill this year and within
ten years The Dalles will have a mill
ing capacity sufficient to work up all
the raw material that comes to this
market.
There is no parallel between the po-
sition of the TINES -MoUNTAINEER on
the money question and that of Sem
ator Mitchell. This paper, when it
opposed the free coinage of silver held
that international agreement was i'm
practicable and still clings to that
proposition, while Senator Mitchell
was more emphatic and declared that
it was as impossible as it would be to
get railroad to the planet Mars.
However we admit both Senator
Mitchell and the TINES
have somewhat changed their positions
on the money question. The senator
has espoused the cause of the money
lenders, while the TIMES S-MoUNTAIN-
FER has got onto the side of the people.
"Forgets his illustrious father" is
the way the Oregonian heads dis
patch announcing that Jesse II. Grant,
son of General U. S. Grant, had severed
his connection with the republican
party and had joined the populists in
San Diego, Cal. We would rather
think Mr.. Grant remembers the admo-
nitions of his illustrious father, who
warned the people against the dangers
of corporations gaining control of the |
government. In the candidacy of Ma
jor Mckinley, backed by Hanna and
his syndicates, he sees danger to the
masses and is doing just what his
iather would do were he alive today
getting on the side of the people.
The Chronicle yesterday told its
eaders that ''ih 1873 the usual rate of
interest on loans in Oregon was IL to
5 per cent, and many loans were made
It "a per cent" Possibly this is true,
'ut if it is, the money loaner was charg-
ng an usurous rate of interest. The
egal rate CT interest in Oregon from
oct. Is, 1862, to Oct. %, 1880, was 10
er cent, and no more than II per cent
er annum could be charged. (See
cts of Dragon Legislature, Oct. 16,
562 and Deady's old code, page 1861. {
ince 1880 the legal rate of interest I
as been per cent, and the highest l
ate allowable by law was 10 per cent. v
See act of Oct. %, 1880, and Hills code, r
aragraph 35S7). {
Many prominent republican papers E
Oregon have from time to time pa
Ided the fact that Senator John II.
itchell was demogogue of the worst :,
rt. We have been slow to believe
eir statements regarding him, but :
ter having read his speach delivered