Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1900-10-09
.B|'U SIHESS ERE STS
INF ERlL ED. B n BIZ iN
lis ELECTION NvQyI,Is Vi y EAN Il a
TRYING sREADJUsTs1ENT. 5s
Voters should Rene a Der the Fears;
I'll stornS vhich PASSED OveR 4;
the CopntryS when Clessland 4sI
IA Az yNas Elected II 1904.

VS. Eleoted i 1907.
The timely and pertinent article
from the pen Of D Secretary Gage On
the subject Of the gold standard law
and the opport unity vi that the preSi-
dent would have Ito nudity its effects.
and his reply to Mr.. Schurz. suggests
a danger that IS not only imminent.
but lie apparent, when considered With
the scond itions resulting from the last
administration under Mr.. Cleveland. 4
In the campaign that ended In the
election OF that gentleman the issue
was the tariff. The Democratic plat
form had denounced the Mckinley
law III the usual terms; had pledged
the country that. il \ given power, AZ
would repeal the protective tarin and
substitute a tariff for revenue only:
denouncing the reciprocity clause an
fraud. etc. 3>5-,a Il S55 4; 4, Ess Is
This was a pledge on the part Of
the Democracy which, If elected. Il
was in duty bound to- fulfill, and con-
trary to the general expectation OF the
business men of the country Mr..
Cleveland and both houses Of congress
favorable to ! the Democracy. were
elected. y SSl e q y E. &. MI Jss5, . .sss55s
The questions that presented them
selves to the minds of the business
men were: 4 n I3gs, s;,es K s,sSs
What y bat changes win be made in the
tariff ~ W .5@ .!4 H. I &sj5
$40 what extent will those changes
60 ?s 81 ~ 4: a3ssi5 ,iasiSs n q &
81 How will it affect the Industries of
the ccuntry?" sss'Syr.s .>g So s sS
ID Will my business be, affected. and
to-, what extent 2" zF'$ ES ed. 3 2S
Then 4 followed the Inevitable Z re
trenchnient on the part OF the business
men to make themselves safe and to
protect their business interests from
the consequences of the changes that
the Democracy was pledged to makes
N No country could undergo the pre-
paratory stage Of such radical changes
resulting from the election without
feeling. the effect, and the sudden halt
to- which all business interests were
brought precipitated the panic. r
Mr.. Cleveland and his advisers
failed to see the cause, and as aeon
sequence the Democracy went off. on
the wrong scent. When congress was
called together in the spring of 1892 by
Mr. Cleveland it was to consider the
ACCESSIBILITY OF repeating the Sherman
law, as a measure Of relief In staying
the storm. Instead of making the
changes pledged; to, be made In the
tariff laws and after spending several
months quarrelfng, during which time
the business interests Of the country
were trying to adjust themselves to a
change they could only anticipate. and
the smaller concerns were collapsing
like frame houses IN a tornado con-
gress managed to repeal the purchas-
ing clause, and adjourned. S sSl59SS
NJ Newspapers attributed the panic II
first one cause and another, and the
Democratic party was ALL = at sea-
Values were shrinking, prices were
going down, mills ware closing, fur
naces were being banked, mercantile
houses Of all kinds and sizes were
breaking, banks were closing their
doors, thousands and thousands Of
workingmen and laborers OF %all kinds
were thrown out Of employment, and
went in good many instances as
charges to the charitably inclined; j
every city Of any consequence opened
soup houses to help the starving; in,
fact, to use figure Of speech, it was
the wreck OF a cyclone ins the business
houses Of the United States, and the
party in power not only: failed to APP
ply the necessary relief, but was ut
terly unable to comprehend the cause
Of the disaster, and tried to shift the
fish, office-grabbtng, business wreck
ing policy upon, the shoulders OF the
previous administration $',4A -" Z
\ >i<yer E<&Rr W.T.
from a.. business standpoint, was the
handle the affairs Of the government
In a crisis. a prompt and decisive
action on the part Of the aparty in
power In fulhllings its; pledges would
have in ., measure ;sayed the country
millions Of dollars loss. But instead
of this prompt action there was noth-
ing but, Needless procrastination, ana
when the Wilson i. bill Z. finally
passed It was 50 unsatisfactory that
the president refused to sign 1t. x
II, The same kind Of danger in a. worse
form, viii. threaten the country should
Mr.. Bryan be elected The Democratic
party lie pledged to free coinage Of
silver at the ratio OF 1e to 1; both In
the Chicago and KANSAS, City plat-
forms, ana MI. bFyaH,: III Ills aSpeec1
delivered at Knoxville Sep. 49, 1896
said: s !G Gs $$<,,s,, ID: !, ). II
\ 1T there is any che who believes
that the gold standard Is "a good tfingl
OF that 1t must be maintained; T. warn
him npt to, cast his vote for me, bel
cause I, promise him it viii not b
maintained in this country longer than
s. al, able to get rid Of sit.p}F1*i5 80 ~
y Suppose he Is elected president, and
should have q i$congress his way OF
thinking, would not the country be
justified in believing that the bemo+
cratic party would attempt to carry
out its pledges? Would not the bust
ness interests be justified in trying to
protect themselves from loss by AMI
debating the action OF Mr.. Bryan. III
carrying out the promises made iii thu
fKansas?s city platform 8@ Nh Would not