The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-07-24

The Aladdin lamp of prosperity will
be rubbed by the presidential hand in
a day or two now and the bright light
that was promised last year. if the
voters chose the great apostle of pro-
lection, will send it's flashes over the
land. That is, it should send them and
would send them, Republican papers
have been assuring their expectant
readers for some time now, if it had not
been for the rascally importers who
have been so traitorous to their coun-
try as to buy large quantities of for
eign-made goods, wares and merchan-
disc and bring them in before their
cost would be increased by the higher
taxes contemplated. Reasonable peo-
pie, they are now saying, will not ex-
pect prosperity for at least year and
until this glut of imports is worked off.
Then there is that other hope that is
to be deferred, to the continued sick
ness of the great public heart, that of
a surplus in the treasury instead of a
dehcit. Thv warning of Senator AIdrich,
in his Introduction of the senate finance
committees modification of the house
bill, that it was not revenue producer
and that there must be taxes included
that would produce revenue, on beer
and tea and hides, for instance, has
been disregarded and the bill is vir-
tually the original house bill, admitted
now to result in deficit of some $50.
100000 in its first year. owing, of course,
to the impOrtations made to dodge it.
The country was assured last year
that all that was the matter with the
treasury was it's deficiency of revenue
and that Republican restoration was
essential to cure it. Then the endless
chain could not work and the prosper
ity that was possible in any country
when the outgo exceeded the income
would come back, and confidence"
shattered by the deficit, would return
smiling. That now must be deferred at
least a year.
But we hear now in all the Eastern
press of that party a new note. Pros
perity, that was to come into the coun-
try from the East making its debut in
Washington, is now coming in from the
harvest fields of the great West. The
commercial papers dilate upon the crop
prospects and proclaim the dawn of
real prosperity should no disaster over
take the harvest before the reapers
garner it. Republican papers grasp at
the idea eagerly and hail the return of
the Wanderer. And for once they are
right. Prosperity is coming in the only
possible way, through the industry the
economy, the frugality of the people
who toll and produce. It can never
come through positive legislation. the
fostering Of industries by taxation
drawn from the producers. Such leg
islation merely interferes with the dis
tribution of wealth; it never creates if
1t only makes few richer by the
sums taken that leave the mass poorer
The process of recuperation through
these methods began the instant in
dustry was struck down by the panic
of 1898. II began in the enforced econ
omies. the compelled savings. It has
been slowly increasing in force every
day since. During the last two years
while the calamity howlers of the Re-
publican press and stump have been
Wailing over the destruction Of pros,
perity by Democratic decrease Of tax
alton, the farmers of Nebraska have
been paying off their mortgage debt to
the extent of $29,899,t $685. Mortgage
companies report difficulty in placing
loans in the states whose ruin bv
Democracy and Populism was so lu-
ridly painted by the organs of Repub-
lcanism, during campaigns. Thus has
prosperity been slowly returning. while
gaping crowds have been looking ia
Washington for it's advent. 1t will con-
tinue to come, more slowly now that
heavier shackels have been again pIac-
ed on its limbs by congress, but it
ZONES as it only can come, through the