The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1896-09-05
Good money Never Mad. Time. Hard.

| III
| hard times to the fact that all our cur
| rency is on a gold basis. Those who as
sert that our present Industrial and finan
Standard Sepf1hs have not read american Ristor!
Alright. or been careful STUDENTS OF III
every field Of employment and Industry
| than In the busy years from 1880 to 1872
during all Of which time this country wa,
| money In its fiscal and business operations
| than ever before We had, too. protectiv,
tariff under which ample revenues wer,
collected for the government and an &C.
cumuleting surplus which was constantly
applied to the payment Of the public debt
ia good. IL is not more money we want,
what we want is to put the money we al
ready have at work. When money is en-
ways been steadily and remuneratively en-.
gagged during all the years of protective
tarim legislation. When those who have
values and investments. they will not part
with their money. Business is stagnatcd
the life-blood of trade is checked and
congested. We cannot restore the pub
lie confidence by an act which would rev.
olutionize all values, or an act which en-
tails deficiency in the public revenues.
We cannot inspire confidence by advocat-
ing Reputation or practicing dishonesty.
We cannot restore eonfiidenGe, either to the
in our present tariff legislation.
The Tariff of 1894.
1.-THE only measure of general nature
that affected the treasury and the employ
ments OF our people passed by the Fifty
third congress was the general tariff act.
which did not receive the approval of the
president. Whatever virtues may be
claimed for that act there is confessedly
one which 1t does not possess 1t lacks the
essential virtue of its creation-the raising
OF revenue sufficient to supply the needs OF
the government. 1t has at no time pro-
vided enough revenue for such needs, but
hnG sol n Gf q nj To .stA IN hn
treasury and a steady depletion in the earn
ings of labor and land. 1t has contributed
TO swell our national debt more than $780,
COO,UOO, sum nearly as great as the debt
OF the government from Washington to
Lincoln. including all our foreign wars
from the revolution to the rebellion. Since
Its passage work at home has been dimin-
ished; prices of agricultural products have
fallen; confidence has been arrested and
general business decentralization is seen on
every hand. Ag-
Tariffs of 1890 and 1894 Contrasted.
"The total receipts under the tariff act
of 1894 for the first % months of its enforce
ment-from September, 1894, TO June, 1896
were SoJI 6l5,32S, and tho expenditures $780,
ASSOC. or deficiency Of sS4, SOS,o35. The de-
and manufactures during the first 10
months of the present tariff, as contrasted
with the exports of the tlrst l5 months of
the tariff of 1890, was 1920. 353.S20. The eX-
cess of exports over imports during the
first 10 months of the tariff of 1890 was
s2l3,972,9GS. but only s56.75S,623 under the
under the latter of Sl57, 2l4,345 The net loss
in the trade balance of the United States
has been sls6,9S3.607 during the first Is
1894 as compared with the first Is months
OF tho tariff of 1890. The loss has been large,
and steady, at the rate of Sl3,-
10000 per month. or 100000 for every bust
I'VE have lost steadily in both directions.
Dur foreign trade has been diminished and
our domestic trade has suffered incalcul-
IF our present depression. and indicate its
Confidence In home enterprises
has almost wholly disappeared Our shops
ire closed, or running on half time at re-
luced wages and small profit, If not actual
oss Our men at home are idle and while
hey are idle men abroad are occupied in
us with goods. our unrlvalleG
lome market for the farmer has also great
) suffered because those who constitute
1.-THE great army OF American waGc-carn-
rs-are without the work and wages they
ormerly had If they cannot earn wages |
hey cannot buy products. They cannot
hey do not earn the farmers home market !
lessenod and impaired, and the loss is |
cit by both producer ana consumer. The |
oss of earning power alone in this country |
n the past three years is sufficient to have |
PRODUCED our unfortunate business situa-
ion, If our labor was well employed, and |
Employed at as remunerative wages as I'm |
S9e, In few months every farmer In TIE |
and would feel the glad change in the in |
raSpd and Va
,etter prices which he would receive. |
should Open Mills, Not MINIS.
'It is not an increase in the volume of |
money which is the need of the time, but |
n increase in the volume of business. Not |
N increase of coin. but an increase or |
ctive use of the money coined. Nor open |
hints Tor the unlimited coinage D, the |
n nSd WGra put SPen mills for the
The opening to the world |
f our mints for the coinage of silver would |
lot bring the necessaries and comforts of |
ONE with the employment of the masses |
ma such employment is certain to follow |
ne reestablishmont or wise protective |
oicy which shall encourage manufacture
ne at home.
The rarty's First Duty.
protection has lost none OF its virtue and |
Importance. The first duty of the repub- |
lean party if restored to power in the
ountry, Will be the enactment OF a tariff !
Nv which will raise all the money neces- |
airy to conduct the government. eccnom-
djusted as TO give preference to home |
and adequate protection to
ZONE labor and the home market We |
re not committed 10 any special schedules |
T rates of duty. They are and should be !
ways subject to change to meet new |
onditions,, but the principle upon which |
anne. Our duties should always be- high |
nough to measure the difference between
ne wages paid labor at home and in COM
citing countries, and to adequately protect |
american Investments and American en-
erprses.-
Our Farmers and tho Tariff.
our farmers have been hurt by the
hanges In our tariff legislation as severe
y as our laborers and manufacturers,
'adly as they have suffered. The republic |
IN platform wisely declares in favor of
uch encouragement to our sugar interests
as VIII lead to the production on Ameri-
an soil of all the sugar which the Ameri-
an people use. 1t promises to our wool
nd wooden interests the most ample pro-
ection,; guaranty that ought to com
nend itself to every patriotic citizen.
lever was more grievous wrong done
ne farmers or our country than that so
njustly inflicted during the past three
ears upon the wool growers OF America
Ilthough among our most Industrious anc
selui citizens their interests have been
Practically destroyed and our wooden man
iacturerS involved in similar disaster. AT |
% time within the past SO years, and per-
aps never during any previous period
ave so many OF our wooden factories been
uspended as now. The republican party |
an be relied upon to correcS these great
irongs, II again entrusted with the con-
rol OF congress.
Reciprocity.
Another declaration of the republican
latform that has my most cordial support
, That which favors reciprocity. The splen-
III results of the reciprocity arrangements
nat were made under the tariff law of 1890
re striking and suggestive. The brief pc
led they were In force, in most cases only