Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1900-10-12

that they could learn, and then there
would be no democratic party. But. be-
sides charging the republicans with all
unpleasant effects from the operation of
natural laws, they accuse them of COM
plcity in every instance of business de-
preston that occurs. either when repub-
leans are in power. or when they them
selves are at the helm.
-Four years ago. as now. w We're in the
midst of a national campaign, but in
many respects conditions were different.
For four years democratic m~ismanage-
ment and recklessness had been at work.
and business interests were suffering to
a degree that alarmed every citizen. The
democrats could not point with pride to
Il surplus in the treasury. resulting from
such a volume of trade that the burden
was not appreciable. nor could they all
attention to a community filled With
busily employed and satisfied citizens.
Thousands on thousands of others were
seeing the remuneration that they should
have received entirely lost. or fast loc'ed
in the hands of the receiver. The manu-
facturer or the merchant who looked
to the profits on his own apital n la
Dor, together with reasonable legislation
on the part of the government. for the
means of paying his workmen, was him
self driven to penury. Failures We're ac-
cumulating at the rate. not of two or
three at a time, but OF from forty to fifty
a day. And this condition had kept up
for four long years of a democratic adj
ministration.
This condition of things seemed to be a
democratic opportunity, and instead OF
holding their heads in shame, they ad-
Nertised the business depression from the
house tops. The figures We're quoteC
from Dun's review to show What a terri
BILE state Of affairs existed. and then they
besought the people to continue them in
owe for four more years, because they
said that the republicans had ruined the
country. The result did not please them.
Sense had not departed from the Ameri-
can people. BY a rousing majority the
authors of national calamity We're 'rele-
gated to a back seat. But not abashed
by their experience, and not keeping
themselves in the shade as decency
would seem to require, the same old WI
lures are conspicuous again. This time
prosperity is too apparent for even a
democrat to deny. lney almost admit
that the country is rosperous. But this
time they sa it is 4 spite Of republican
rule. and that unless they are given the
reins the country will go to ruin.
One hundred and thirty years ago, the
country thrilled with the speech Of one
Of the greatest orators Of history, whose
logic was equal to his eloquence.. He APP
pealed to the commo sense of the people
and called attention to a rule that the
citizens will not be quick to forget. Il
have but one lamp by which my feet are
guided. l know of no way of judging the
future but by the past The test is a
good one. Is a long record of democratic
any assurance that the
party can be trusted in the future?
1t is we'll to call attention to some of
Review, which was so popular with dem
ocrats. four. years, ago. This time it's mes
sage is a cheering one. but it ought to be
just as important. It's table of CONNER
cial failures and average of liabilities
from 1876 to 1900 is a striking comment
upon democratic adversely and repub-
lican prosperity. The table shows that
during the democratic and low-tariff
period, 1885, the number of failures in
creased so. per cent. and the amount of
liabilities doubled and even trebled. The
amount of liabilities of the failing firms
in 1892, the last year under President
Harrison was but STA, o44 1877, and in 1898,
the first year of the democratic period it
was S346,1 10. $50, and in 1896, the last year
of the democratic low-tariff period it
was~$226, 096, 1874, while it dropped to s154,-
332, OF, in 1897, in the middle of which
year the Dingley protective tariff was
enacted; again dropped to $3.50, 662, S99 in
1898, and to $780, $40, $3.50 in 1899. Thus the
liabilities of failing firms in 1899 were less
han half those of the closing year OF the
Wilson tariff and a little more than one
fourth those of the first year of the DEM
ocratic low-tariff period. Indeed no year
since 1881 shows as small liabilities of
failing firms as does the year of 1899.