The Republican journal. [volume] (Belfast, Me.) 1829-current, 1897-05-06
Editorial Notes.

Editorial Notes. |
Foreign manufacturers and producers |
continue to complain of the Dingley bill. |
This fact increases the demand by home
manufacturers and producers for its
prompt enactment.
The Bailey and Bryan forces in the
House OF Representatives are nesting on
their arms But neither is asleep. Bailey
and his leutenants are on the alert, and
are able to defeat the Bryanites at every
turn.
The appointment by President McKin-
ley of three bimetallists, two of them
Republicans, to negotiate for an interna
tional silver conference, has led to a re
vival of the history of the former silver
conferences, which shows that the Repub-
lican party has been the prime mover in
bringing about all former international
bimetallic conferences.
The silver mine owners and their FOL
lowers want the United States to take ac-
ton on the silver question without wait
ing for the consent of any other nation"
yet they hold up their hands in holy hor-
lor when the Republican party proposes
a tariff bill to which other nations are not
willing to consent.
People who assumed last fall that the
United States has not enough money will
be interested to know that the money in
circulation to-day in the United states is
nearly 40 million dollars greater than a
year ago. The Treasury figures show the
circulation April l, 1897, to be 81 CO.
000, d94 and that of April !. 1896. Il .52S.-
463. 600
The Washington Post Democratic.) To-
Gated at tie seat of Government, and thus
capable Of accurately gauging business
and political conditions, speaks of the
people who expect an immediate revival
of business prior to the revision Of the
talift as insanely optimistic, and adds,
doubt as to the tariff schedule is always
demoIalizng 10 manufacturers and
made"
In al! the news from Japan about the
adoption of the gold standard there is not
a wold to indicate any complaint on the
part of the people. The Japs, who were
pointed to 10y the silver people during the
late campaign as the shrewuest business
people in the world ale now adopting the
gold standard without a murmur appar-
emily from anybody. Probably there are
no silyermin owners in Japan.
There are over 600 paragraphs in the
new tariff bill, and in many cases each
paragraph relates to dozens or scores of
different articles. 1t is not surprising,
therefore, that manufacturers are not able
to push business when the prices at which
these articles will be brought into this
country are still undetermined. Those
who complain that business activity is not
yet fully apparent should remember this.
Call the roll of the nations which have
within the past year rejected the silver
standard. Costa Rca with a population
of $50, coo; Bolivia, 2,019, $40; Chile ?
800, Geo; Peru, 1850, 900: Japan -. 0OO.-
900; Russia 1870. 600, 600 Add to these
China, with her 400, 600 600 which has
taken long stride towards the gold
standard aud which uses silver only bv
weight, and it will be seen that the cause
Of the silver standard has not tlourished
during the year
The people who waited four years for
prosperity under Cleveland and his free
tlade theory should not be impatient if it
takes Mckinley and protection four
months to accomplish what the other peo-
pie failed to bring about in the four wears.
1t goes without saying that business ac-
tiYity cannot grow Willie all business
undertakings are held in check by the I'M
certainty which must exist until the new
AattS On Expectations are determined
The procession of vessels laden with for
eign goods which is passing up the New
York harbor, day after day, depositing
goods in warehouses under the low rates
OF the Wilson law, means that thousands
OF tons OF those foreign goods are being
landed for distribution. Is it surprising,
therefore, in view of this influx of mil
hons OF dollars worth of foreign goods at
low rates, that our factories are still IN
abie to resume operations and that bust
ness still lags?
The Democrats who voted for the Ding
ley tariff bill and those who contemplate
supporting it, in or out of Congress, need
not be ashamed of the company they are
IN. Five of the men who voted for the