The record-union., 1897-06-28

IT TAKES TIME.
Fresno Republican: The most serious
result of the time consumed in COM
pleting the new tariff is the opportunity
which it has afforded Of glutting the
home markets with foreign goods under
the lower rates of the old law. This
as a matter Of course will have a most
depressing effect upon the revenue pro-
ducing feature Of the new tariff for a
| year or more, and will give it's enc
mics the opportunity to assail it from
that standpoint. This is unfortunate,
but apparently unavoidable. 1t will
take the second year of the Dingley
| tariff to demonstrate it's capacity as a
| revenue producer.
SOME WHO ARE BETTER OFF.
Oakland Enquirer: There are two
classes of producers whom it will not
be difficult to convince that they have
been benefited by the change of admin
| istration-the wool men, who are re-
| ceiving from = cents to cents per
pound more for their wool, and the
| cattlemen, who realize from 81 to So
per head for their stock more than
| last year. These increases of prices
represent the difference between a bare
existence and a satisfactory profit, and
| they have had the further result of
stiffening up the values of pasture
| land and cattle ranges, as well as Gre
attng greater demand for them. The
! increased price of wool is all the more
| remarkable in view of the enormous
| importations of wool which have been
made within a few months past to an
| ticipate the new tariff. There is more
wool in the country than ever before;
every mill has bought as much as it
| could afford, and every warehouse is
| filled. And notwithstanding this, the
price is better than it was last year,
showing that the improvement is no
| doubtful or temporary thing, but a
substantial fact
BRYANITE BALDERDASH.
Stockton Independent: Chairman
| White of the Democratic State Conven-
ton in Des Moines, Iowa, said yester-
day in the course of his speech:
None but veritable demagogues and
reckless partisans will dissent from the
statement that conditions throughout
our country are not only unsatisfactory,
| but deplorable; not only deplorabIe,
| but actually alarming and becoming
more alarming with the lapse of each
succeeding day These conditions are
| sought to be intensified and made per-
petual by certain class Of people who
are direct pecuniary benefciaries and,
while comparatively few in number,
powerful in their influence.
Mr.. White was partly correct in his
premises but was wholly incorrect in
attributing the deplora BILE condition of
affairs to the powers that be. It is at
tr1butable to the powers that were, the
remnant of which is throwing every
possible obstacle in the way of apply
ing the remedy The cause of the bad
condition of affairs, which is not be-
coming more alarming, but is ifnprov-
ing, is the abominable free trade policy
which Mr.. Bryan advocated and the
Improvement is due to confidence that
the eXecrable policy will soon be ended
THE ANNEXATION TREATY.
Fresno Republican: The virulent
criticism to which the San Francisco
Examiner" is subjecting those who
oppose the annexation of Hawaii can
not but make the judicious grieve Ac-
cording to that paper the opponents of
annexation are raScals in the pay of
the sugar trust. 1t brings the lash
down upon public and private men
alike, and the idea never seems to oc-
cur to it that the punishment is out
of all proportion to their crime 1t
may be serious matter to hold opin-
ions on public questions different from
those entertained by the Examiner"
but do the dissenters really deserve to
be excoriated on that account? Is it
not possible that instead of being a
third Cato the Examiner is merely
second Thersites?
IT IS RISING.
Reno Gazette: There is no doubt
that the bungling attempts at law
making made while the Populistic-
Democrats controlled national legisla-
tfon from 1892 to 1896 created wide
spread distrust, opened the gates to a
flood of foreign goods, closed our own
factories, and made very hard times.
Not only by what they actually ac-
complished, but perhaps more by the
radical schemes they proposed did
they destroy all confidence at home
and abroad and check the whole in
dustrial current The bare possibility
that the inexperienced theorist from
the banks of the Platte should be
President, with a Congress composed
of such material as marched behind
Mr. Bryan to carry out his empirical
schemes. closed many a mill and sent
millions of capital into hiding.
An army of agitators sprang up all
over the country claiming that to give
them a free swing in national legis-
lation was the only remedy for the
general distress. 1t was a homeopathic
proposition, which did not commend it.
self TO the people, and wiser and more
experienced hands were set to man and
steer the ship of State. But this army
have acquired so persistent a habit of
prophesying evil they seem incapable
of learning ever again to hold their
peace. The same eloquent Jeremiahs
are heard on every street corner. The
delay of the tide of prosperity is such
stock joke that many people are SO
busy laughing at their own borrowed
wit they have no time to see the re-
construction that is going on all around
them.
The tide Of prosperity has begun to
set in and is sweeping across the land
| from ocean to ocean. There are few
remote hooks of the country which it
has not passed over. 1t is still rising
and with the fall will run a strong
| flood
ARBITRATION.
San Diego Union: The announce
ment that the administration purposes
to revive the plan for a general arbitra-
tion agreement with England. and has
already drafted a treaty for that pur-
pose, will give much satisfaction 1t is
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