The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1900-07-07

will be almost as much rs our total To-
eign trade, both exports and Imports. IL
1896 Such a wonderful and healthful II
crease I'm trade with foreign countries hs
never been known before In the history {
: any other country.
"Whlle we cannot give like figures
show the Increase In domestic trade. II
nevertheless even greater. and more tina
ever has II been clearly demonstrated tha
a protective tariff like the Dingley law be'
serves the interests OF both foreign an
domestic trade. Never before In the his
tory OF the world was such volume {
profitable trade enjoyed by any nation a
we have had during President Mckinley
administration. II has exceeded our fonC
est hopes and more than Justified ever
prediction and promise made by our part
In this respect In 1896.
1.-THE third object of the Dingley law wa
to give labor employment at good wages
Has this been done? The wages OF labo
everywhere has been increased and tn
army of the unemployed has disappeared
Coxey has lost his following. In which los
the democratic party was the chief mourn
er. Our own state has had her share In thi
bounty. II appears from the last repor
Of the commissioner OF labor that In 1872
| factories there were over $4,000 more per
sons employed than In the previous year
| 1898. which was much better than 1896. ant
|
OF those in 1896. But perhaps the best EVIL.
dence of the prosperity of the country VIII
be found I'm the savings Of our people. In
| Michigan alone the deposits In the national
| banks have increased during the past three
years from $40. 0O0. 900 to 10000. 900, or over
SO per cent. while in other classes OF banks
they have increased from $65, 200, 900 to 500,
OOO, 900. or over $50 per cent. and when we
go out into the broader field OF the nation,
we\ find similar conditions prevail
",rhe comptroller of the currency reports
that there Is nearly $500. 600, 900 more on de-
post to the credit of individuals In the ma
tionai banks alone than there was In 1896
an Increase OF more than 40 per cent. thjsI
In the national banks alone, II must be re-
membered. 2.
Now. II we had figures showing condi-
tions of other banks and repositories IN
this respect to add to those JUST gwen IL
would present picture of prosperity the
like OF which was hardly dreamed Of
surely never known before.
For reasons just stated, under present
conditions, II Is safe to say that we Will
hear but little from our opponents about
the tariff In this campaign. But let us not
forget as republicans that in the splendid
results evidenced by the conditions just
mentioned, may be found not only satisfac-
ton with the accomplishments OF our par
" in the past, but the very strongest
reason for our faith In its future power
and utility to settle and to settle correctly
the other great question now pressing upon
1t for settlement.
Great and beneficial as has been ana
will be the results and influences flowing
from the enactment of the Dingley tariH
act, II will be found that the financial leg
islation embraced in the act of March IA.
1900, is the browning glory or Mckinney
administration. 1t is milestone In the
financial history of the world Its in
fluence will be felt for good. abroad as well
as at home. 1t has removed all doubt as
10 the financial honor and integrity or our
nation and has resulted already In placing
our credit on the highest pinnacle or imam
cial security and prominence. our bonds
command better price to-day than those
of any other country In the world. our
two per cent bonds are selling now at LOG.
while England has recently been obliged TO
sell her 2% per cent. bonds at 9S cents. IL
pays to be honest In national as well as In
personal affairs. The world now knows
that our money Is honest, that while every
dollar issued by our government Is not
gold dollar. 1t is just as good as a gold
dollar. and that it is made the duty of the
secretary of the treasury to keep them so
as to return them in gold on demand.
"A democrattc-populis victory this fan
would. however be a calamity, because
II would be threat against our currency,
to be carried into effect at the first oppor-
tunity. Confidence would be shaken and
capital would Immediately grow timd. The
attack on this line will be largely under
cover of other issues, and therefore more
dangerous. No party would dare go before
the people now and make this question the
leading one 1t has been settled so far as
legislation can do So and should be allowed
to stand and demonstrate its virtues and
its value In our commercial affairs.
1--WE shall hear more of trusts and com
bnations to control prices and production
than heretofore, because these institutions
have made themselves dreaded as well as
hated by all consumers not In this country
alone. but in England and Europe as well.
There is no problem now before the people
for solution that needs the attention OF the
republican party more than trusts. These
institutions are creatures OF the state. They
could not exist save for laws made BY the
states and while we as party have no
war against corporations properly con-
Quoted for the proper purposes. We cannot
permit the existence of any such that have
for their object, or in effect Accompanies
the robbery of the people OF the destruction
Of their business enterprises. This Ques-
ton should have no place In party poll
tics. IL Is question upon which all peo-
pie are and all political parties should be
agreed. Only the demagogue will attempt
to say that II Is party question. we
must meet the demagogue and demonstrate
even to him that as party we nave no
sympathy with any INSTITUTION tndt "ouio
either enslave or rob the people; but that
on the other hand, as far as In our power
lies we will by statutes and constitutional
amendment. If the power Is given US reg
ulate and control these combinations In
the interests of all the people
THE republican party was organized ana
its successes made possible by being the ex-
ponent of the common people. In Its con-
ception this party arraigned itself against
the oppression OF wealth and the AFRO
gance and aristocracy Of slave-owners, and
went before the people with these prin-
ciplcs over at the masthead. and with
leaders who were the embodiment OF the
sentiments therein expressed. While
slavery was not itself the cause Of the
birth and growth of the republican party
the sentiment and conscience of the oppo-
sition to slavery were the sentiment and
that moved the early followers
Of the first republican leaders. and while
II Is such motives and these alone that
move this great party In It's onward course,
we have nothing to fear.
Great combinations and trusts may en-
rich the hundreds. but work oppression and
wrong upon tens OF thousands. and must
be controlled. and the people will not be-
leve that To control them Is impossible.
They believe that a government that was
strong enough to put down rebellion with
in It's limits In strong enough to grapple
with and strange the avarfce and greed OF
the multi-millionaires who are attempt