The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1897-01-12
NOTES AND OPINIONS.


atty.
NOTES AND OPINIONS.
There is not in this country to-day, we
earnestly believe, living man outside of
the impostor class who has been benefited |
by free wool. 1t is notorious that the
manufacturers who have avoided ruin
have done SO only by shutting down in
whole or in part
Among the clothiers there never have
been years so hard as these, in which the
''untaxed raw material' was to have in
creased and multiplied their gains. Of
this economic atrocity there are no sur
vivors.
1t has been a Glencoe, a Cawnpore. !
There is none left to tell the tale of the
senseless butchery in the history of
tariffs.-N Y Press.
The report going the rounds of the
newspaper press of the State, to the effect
that the next Legislature will enact law
favorable to horse racing and pool selling,
should not be taken seriously. The Re-
publican party has fair supply of good,
common sense, and it is not at all likely
that it will deliberately fly into the face of
public opinion by playing into the hands
of the elements against which the people
so emphatical1y declared four years ago
1t may be that the race-track advocates
will endeavor to do something to recover
their power, but they will not succeed, we
think, while the business of making laws
for the people is left to the representa-
tives of the Republican party.-.State Ga
zetts.
During three years past the exports of
gold coin and bullion during the month of
January have exceeded imports of the
precious metal by a monthly average of
about $22, 900 900. In the annual settle
ments of international accounts the gold
reserve in this country is usually drawn
upon heavily in the earlier months of
each year; and the outflow will scarcely
be intermitted this season But there can
be no heavy assault upon the Treasrry re-
serve from this source, since foi two
months past Europe has been borrower
of gold on this side the Atlantic In
Treasury circles it is affirmed that no out
go of gold before February next could be
reasonably anticipated.-Ne NeUs.
1t is evident that the revival of business,
the signs of which appeared as soon as the
election was over, will go on gathering
force, with the prospect that the people of
this republic will reach the end of this
century in higher condition of prosper
ity than they or any other people have
ever experienced. A few snarling critics
are trying to resist this increasing tide of
prosperity; but they are impotent in their
malignity. Mr.. Mckinley will enter upon
his administration with the goodwill of
men of all parties to a degree never en-
joyed by any President in the memory of
this generation. The hearty support
which every conservative interest gives to
him, and to the Republican party as the
only political organization now standing
between us and political chaos, streng-
thens the assurance with which the people
may look forward to that Astounding pros
perity.
The period of gloom is over Hereafter
we shall see steady progress and increas-
ing confidence and cheerfu1ness M Y
Sum-
Before the instruction Cuban trade
amounted to about $Ioo, 900 year,
i,nportc and avporfe .roctica11x, Io1ooo;,,r
each other. OF this the largest share nat
urally came to us as Cubas nearest COM
mercial neighbor. Now that trade is al
most entirely destroyed, together with
most of the instruments of production ex-
listing then. If it has been costly bust
ness for Spain, it has not been an mex
pensive one for us. But the increase OF
our business with the island when it is a
republic would soon make this up to us
1t is not often that definite and trust
worthy figures are given to show the vast
extension of bicycle riding. The report
for last year of the Paramount Park
authorities in Philadelphia gives an in
teresting glimpse into this subject They
say that in the year 1896 there were oo2,
267 bicyclers who passed into the park.
This was more than double the number of
all other vehicles and horseback riders put
together, and was nearly half the number
of foot passengers. Out of this vast num-
Der only 24o were elected from the park,
and more than half of those were warned
away for nothing more serious than falling
to carry lamp or bell.
An intelligent foreigner who should ar
rive in the United States and read only the
free trade newspapers during the tariff
hearings in Washington would evidently
ask in amazement why it should be con-
sidered shameful, degrading and sinful for
American citizens to undertake to manu-
facture goods for the American market
The Democratic organs in question sue
ceeded in driving the country to the verge
of shipwreck by shouting DANGEROUSLY for
free trade in 1892, and deluding enough
voters to secure the enactment of the Will
son tariff, whose successive fruits have
been national disaster increasing deficits
and the silver craze. Now they are doing
their utmost to keep this radically defec-
tive and dangerous measure on the statute
books, by reviling every American manu-
facturer who asks for a higher duty on
his particular product, as thief, per-
jurer and an oppressor.
The old free trade theory that protec-
ton to home industry results III perma-
nently higher prices was exploded long
ago. 1t has been conclusively proven by
experience that the trend and tendency
is toward lower prices for the consumer.
One of the chief complaints of the Bryan
tie Democratic newspapers in the late
camnaiOt1 was that the prices of the neceS-
saries of life had fallen too low and must
beraised.
Yet these same journals now assert that
they are against tariff revision because it
will bring about marked rise IN the cost
of clothing, tools, furniture, machinery,
etc., to the man who buys these things for
his own use.-M Y. ComtHercfaI-Ad0ey
hSey.
The economic questions with which the
Mckinley administration will have to deal