Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1898-03-03
Wheat SOLD in cb,cooo tto othor dow

! People who have lived through one
war are not anxious TO precipitate an
| other except as q measure of last re-
sort.
/ There can be no war at present. The
New York papers haven't enough big
headline type to permit this govern
ment to 90 to war now.
| Navies are right enough for some
! purposes, bat IN emergencies like the
I present the real security of this nation
rests upon the fact that Senator Mason
/ sleeps with his mouth open.
No one was surprised bv Zola's con-
viction That Is what he was tried for;
1.-The French government doesn't waste
! time and money on such a trial unless
the defendant is found guilty before the
trial begins.
The stock OF gold in the United States
/ Treasury has now reached in round
numbers 8170,090,000, and lis still iucreas-
ing, while The gold in circulation in the
/ United States has also enormously in
creased during the past year
Have Candidate Bryan, Chairman
Jones, and other political associates
decided to abandon the tariff issue
altogether and concede that the Repub-
llcans have been and are right in their
protective tariff principle? They omit
III their recent utterances regarding the
coming political campaign to mention a
single word about tariff
The Wyoming Republicans have de-
cided to abandon the free-coinage-of-
silver proposition which they inserted
in their State platforms in the last two
campaigns and plant themselves
FqnartIy upon the St. Louis platform
The advance in Wyoming woods and in
farm prices generally has been too much
for the silver cause, even in that section
of the country.
Treasury receipts under the Dingley
law have averaged over million dollars
a day this month and as the current
expenditures of the Government aver
|
the year round, it is quite apparent
that the Dingley law is beginning to full
fill the promises of its trainers in sup
plying the necessary funds to meet the
running expenses Of the Government.
Silver bullion took another tumble in
the markets of the world the other day
on the announcement that Russia had
completed Der plans for her new finan-
cial system, under which silver here
after is to be purchased and used only
for subsidiary coin The latest QUOTA
tons in New York markets are 500
cents ger ounce. This is in marked
contrast with the price less han ninety
day8 ago. The market reports show
the price Of silver per ounce on Decem-
ber4 1887, as G0.3 cents, while on Feb
ruary q it was 554, with downward
tendency.
The example of which the farmers of
this country have set i'll utilizing their
surplus money in paying off debts is
being followed, perhaps involuntarily,
| by the great enterprises whose securi-
ties we're largely held abroad. The
enormous trade balances in our favor of
the past year are being largely settled
by the return Of American securities
for payment instead OF sending gold to
settle the balance as has been formerly
the custom. This change on the part
of European money lenders is believed
10 be due to the constant agitation Of
the silver leaders ana the fear which
this agitation creates lest they obtain
control and through lujudicious legisla-
ton reduce the value Of American
securities generally.
Recently published statistics relating
to the cotton manufactures of the South
show that the number Of mills has in
creased from $50 in 1880 to 400 in 1885,
the number Of looms from 1900 in
1880 to $4,000 in 1898, the number of
spindles from 667 600 in 1880 to 4, 100, 900
in 1898, and the capital employed from
$2l 500. 900 in 1880 to $I25, 900 GOO in 1898
Considering that this phenomenal
growth Of nearly 200 per cent. has
happened, practically all Of it. under a
protective tariff. and that the prosper
GUS condition Of the mills Of that sec
ton to-day is enjoyed under the same
law which applies in New England, it
is difficult for the low-ta,if orators to
make political capital out of the fact
that the New England mill owners have
found it necessary to reduce wages be-
cause Of southern competition.
President McKinley's firm and con-
sentative course in the consideration Of
the exciting incidents of the past few
days in regard to Cuba and Spain is
being generally commended by the
press aud the people of the country
irrespective of party. His firm attitude
in the De LONE incident resulted in a
complete di8avoWal by Spain Of the
unofficial utterances of the Minister,
with a complete recognition of the
dignity and standing Of the United
States Government, while the Presi-
dents prudent and patriotic course in
regard 10 the Maine disaster amid the
universal excitement which followed
is highly commended both at home and
abroad What viii be the outcome Of
this Cu0an-Spanish complication, no