The Republican journal. [volume] (Belfast, Me.) 1829-current, 1897-08-12

ID uSIueSS III htAlCO Is III Udu Sldpo, wv
ING to the continued fall in price of sill
Yer, and there is talk of going to the gold
standard.
Wheat goes up and silver goes down, de-
spite the assertions of silver orators of
last fall that these two commodities kept
pace in the markets of the world.
The House sugar rate is written in the
tariff bill, not the corruptly purchased
Senate rate. 1t is a great victory for
right, for justice, and for the people,
New York World Democraticl.
The new tariff cuts very severely into
protection granted the sugar retiners
under the Wilson BILL From the Sugar
Trade Journal, Official organ of the
American sugar interests
f'If the promise of the harvest fields is
fulfilled It will be hard for theorists to per-
suade thriving people that they need
montenary panaceas to keep them out Of
the poor house" New York World.
The last week in July, 1897, will long be
remembered as the first one under the new
tariff law. Reports from every direction
show that the effect has been instantly
effective. both in manufacturing and bust
ness circles.
The solid business men of tile country
lying west of the Mississippi are greatly
depressed over the failure of the Trans
Mississippi Congress, which was intended
to he useful in a business way, but failed
because Of its capture by the silver poll.
tjciaus.
sugar lefinelies and factories Will soon
De scattered over the prairies of the Missis-
sippi Valley in way which promises to
make the sugar trust extremely weary,
especially i'll view of the fact that it has
already lost the advantage which it enjoyed
under the Wilson law.
The hold up' Of the Dingley bill in the
senate by the Democrats and Populists is
the cause cf the hight receipts which may
he expected unlel that measure in its first
Jew months by reason OF the enormous
mportations that tile "hold up permit
ted the importers to make
The case of the farmers has certainly
been hard fol several years past. 1t has
been a principal cause of discomfort, and
the fruitful mother of wild financial
schemes. With that betterment which is
now so surely approaching, the occupation
of the demagogue and the Utopian dream
er will be gone" New Y ork World.
Australia, which last year produced
643, 600 600 pounds of wool, is likely to
produce no more than half in the coming
season. Her sheep are dying by thou
sands from starvation on account of short
age in pasturage, and the quantity as well
as quality of heI product in this line will
be materially reduced, thus adding to the
price that American farmers will probably
get fol- theirs.
An interesting feature OF this falls cam
paign is the development of strength
among the gold Democrats 1t is quite
apparent that in every State where there
are to be campaigns their organization
will be much stronger than it was last fall,
willie the national organization is pushing
work from its national headquarters in
New York and will aid with speakers and
by Other means wherever there are State
campaigns.
The recent increased gold developments,
not alone in Alaska, but in the increased
production of mines everywhere is a hard
blow to the il to theorists, and, when
coupled with the fact that the prices of
farm products have advanced and that
crops are plentiful and that farmers are
paying off their mortgages, must prove
very depre ssing to those who lave insisted
shat prosperity could alone come through
the adoption of free silver
Now that the country has had time to
examine the charges of the Democrats who
were saying that the Dingley bill was ad-
vantageous to the sugar trust, it is quite
apparent that the charges were entirely
without foundation. 1t is generally con-
ceded that the bill deprives the trust of the
advantages which it had under the Wilson
law, and is less advantageous to trusts
generally than its predecessor which was
framed by the very men who were foremost
in the charge against the Dingley bill.
Hundreds of millions of dollars of the
profits of farmers through the increased
prices which are now being received for
their productions are being devoted to the
payment of mortgages upon their farms.
a recent canvass made by the Chicago
lines Herald fully comedies with the de-
velopments of the democratic New Y ork
S un referred to last week. these and other