The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-05-29

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mekan1ex Axnaanfsfratien.
There Il deliberate method In the
proceedings of those who arc critics.
ing the Mckinley administration and
the republican party because there has
not been a pronounced Development Of
general prosperity.
This complaint comes not from the
people themselves. but from the organs
of free trade and the free coinage Of
silver. 1t Is seen that there Is DELHI
crate purpose I'm this-hrst. TO preju-
dice the Mckinley administration In
public estimation. and secondly, to
sow the seeds of discomfort and defeat.
IL possible. the protective policy of the
republican party.
Before that policy has been fairly
tested, the opposition press has placed
the administration on trial. and from
the tone of that press IL might be as
sumed that President Mckinley has
turned out 10 be the most complete
failure. This Is done in most insidious
manner, but IL indicates in the clearest
way that n conspiracy has been formed
to defeat the objects which IL was sup
posed had been gained by the result
of the election last November.
The defeat of the republican party IL
is hoped will help free trade and free
coinage, and the advocates Of free trade
and free coinage are more determined
TO enforce their views than ever. As
part of their plan of action, the country
is being flooded with the cheap produc-
tons of Europe. 1t is estimated that
the imports of April will be $50 1000 900.
For March they were sac. 344. o46, nearly
double the normal figure. For example.
in August. 1896, they were $4,000. 900.
In the next three months they ranged
In the neighborhood of $50, 10000 But
as soon as the result of the election was
announced they rose instantly to $685.
100000 in December. and every month
since. with the exception of January.
there has been growth in the volume
of imports-thus they were $50, 600, 900
In February, S76,000,0o0 in March and
about 100000 in April.
This immense addition 10 the stock
of goods operates in two ways. both
helpful to the cause OF free trade, and
IL is believed to free coinage. In the
first place. they serve to keep our own
markets sluggish and therefore retard
the coming of the expected good times,
and in the next they excite public preju-
dice against the republican policy,
whose successful enforcement means
the defeat of free trade and free coin
age. The bonanza kings and the free
traders thoroughly understand this,
and so they are fighting with all their
strength. though they are not making
much display about IL, TO bring about
the defeat of republican policy.
But in spite OF their strenuous en-
deavors they are not likely to meet with
success; for. Notwithstanding the COM
plant that Is made and the general be-
lief that not much change for the better
has been effected in business. most mer-
chants will find on looking into their
affairs that the volume of their BUSH
ness is larger at present than ii was n
year ago. The change is gradual and
has come slowly, but it has come, new
ertheless. In these days competition is
very close and keen, and profits on par
ticular transactions may not be large,
but when all are put together it will be
found that there is improvement in
Observation-Disclosures Journal