The record-union., 1897-11-03

| i1NSbiNAS SA pOSllloli. VI SChAoO tiiS
managers did not say so. but their pur-
pose was to particularly call the atten-
! tion of buyers and consumers to the
! home products-and that attention was
| called in the hope that buyers and
chase home products.
California may have stated its prop
osition with a Western directness that
shocks the Eastern ear, but the intent
! and purpose of the California PROPOSE
MAKING CANADA PROSPEROUS.
Woodland Democrat: The Dingley
tariff has evidently jumped a cog. 1t
was constructed, so its friends say, for
the special purpose of restoring conf
dence and inducing prosperity to re-
turn to the United States. But ac-
icording to Republican testimony other
countries are sharing in its benefits and
Iprospering under it's benefactions. I'm
less some explanation of these pecu
mar conditions is speedily furnished, the
ipeopie are liable to come to the conclu-
sion that prosperity results from nat
ural causes and is in no way dependent
upon Dingleyism.
/ LOWER INTEREST RATES.
Humboldt Standard: One of the best
signs of returning prosperity is the ma
terial reduction in interest rates re-
ported from many of the agricultural
states. The Governor of Missouri re-
Gently received an offer from New York
capitalists to refund the entire State
debt Of his State amounting to S4, 500
OOO. at per cent. County bonds in
that State are readily taken at per
Ic6nt. and ln1nS a
are freely offered at 6 per cent, while
a gilt edge loan is not hard to negotiate
at 5l2 per cent. High rates of interest
have eaten up the profits in nearly all
kinds of business. 1t is really a money
making business now that can afford
to pay from to 10 per cent 1t will
not be many years until the ruling in
terest rate, even here in California, win
| be per cent. or less if a normal con-
dition of business is reached. AS the
farmers in the Mississippi Valley pay
off their mortgages, the money must
find new avenues of investment, and
lower rate of interest will be the re-
suit. This will be good news to those
who must borrow money.
HEADS ON US.
| Bakersfield Californian: It is the uni
versal rule that he who sells raw ma
terial gets the small end of the profits,
while he who turns out a finished prod
uct makes the larger gain.-Echo.
1t is the universal rule. And, further,
it is the universal rule that in addition
to beating down the price of raw ma
terial, the manufacturer beats down the
price of labor and takes additional pro-
fits So, we Americans, TO put an end
to that sort of unjust discrimination
| against US and in favor of the manu-
facturer resort to protection. OF whom
| Why, not of ourselves but Of him.
| That's what we do. We have great
heads on us We have. In the matter
of heads we can beat the bands big
bass drum.
AS FAR AS IT GOES.
Stockton Independent: Judge Han
ford's decision is good as far as it goes,
! but it is bad for what it omits to con-
slider The omission shows that he
would take the simple word of wives
and children as to what and who they
are instead of requiring official certifi-
Gates of their status. Under his decis
ion Chinese merchants could import any
number of women and children under
/
Of their families. Once in the country
the merchants could make merchandise
of their families and proceed to import
more of the same kind OF merchanoGse'
IF Judge Hanfords decision is strictly
in accordance with the law II SHOWS
where that law needs to be amended
to be Of any effect. Then, too, the ease
with which a coolie can be transformed
into a merchant for brief season IN
order to import wives and children
shows another door that should be
| closed against fraud.
tion has behind it the same hum1n
nature that prevails in the East. Ana
that being the case, our Eastern frlends
have no cause for a tearing Of shirts
and things.
If their cussing at this time. because
California refuses to patronlze them
instead of its own people and products,
| proves anything, it proves that they
are more unconstitutionally selfish than
we are.
WAGES AND KLONDIKE.
oakland Tribune: One of the first
effects of the rush to the Klondike is
shown in the news from there that
wages for labor have been reduced from
SO to SO per day. 1t is the old propo-
eitioo of s,1pplv and demand, and next
spring when treasure seekers go IN by
the tens Of thousands it is safe to say
that the schedule will get another big
cut. There could be no more foolish
proposition than to figure on going
there to work for wages and the man
who has not got capital enough to
keep himself for year or so ana 10
pay his way home in case of accident
or failure had better keep away alto
gether.
THE GOVERNORSHIP.
Fresno Republican,: The Los Angeles
.rTimes'' states very emphatically that
there is no truth in the report which
has been published of late in the San
Francisco papers regarding deal
whereby the big town in the south is
to have the Republican candidate for
Governor The Times asserts that
the modest and sunny south has no as
pirant for the Governorship, but Wnat
it wants and intends to have is the
United States Senatorship. This state
ment ought to bring great HOOD OF
| Joy to the perturbed soul or Oakland
Tt can go right on with its two-old-cat
game now without the haunting fear
that the buccaneers of the southern
main are liable to sail into port and
carry off the prize.
WHERE Is THE LOSS?
Oakland ENQUIRER: The Examiner"
still insists that the Government will
lose millions" if the Union Pacific is
sold on the 1st of November, instead
| ~ ear,,c dow after thsa 18th of De-