The Denison review. [volume] (Denison, Iowa) 1867-current, 1902-10-21

came cheaper, but the people had nc
money to buy, market values fell still
lower. No profits remained for pro-
ducers, wages had to be reduced, hours
of labor shortened, thousands of work.
men had to be discharged, mills and
factories and furnaces and workshops
became empty, and from the mids. o1
industrial and commercial stagnatiop
low prices Knocked the masses who
could not obtain he money with which
to make purchases.
But one need not dwell on a descrip
ton of those conditions. Mere refer
ence to them will revive their memory
wildly in all minds. In 1896 the reput.
lican party was welcomed back to pow.
err with open arms with rejoicing anc
with the confidence that it would bring
back prosperity. To do that was not
an easy task. In any other country it
would have been a task of years. But
the splendid recuperative power of
this nation came into play. and the re-
institution of republican policies
quickly had gratifying effect. Pros
perity returned; it has abided with
us, and grown, and is still growing.
In 1900, the representatives. of the re-
publican party in national convention
assembled made this declaration:
Eve renew our faith in the policy of pro.
lection to American labor In that policy
our industries have been established. d.
versifec and maintained BY protecting the
home marktt competition has been slim
ulated and production cheapened. Oppor-
tunity to the inventive genius of our peo-
pie has been secured and wages in every
department of labor maintained at high
rates. higher than ever before. and always
distinguishing our working people In their
better condi.iors of life from those of any
competing country. Enjoying the blessings
OF the American common school. secure In
the right of selfgoVernment and protected
In the occupancy of their own markets.
their constantly increasing Knowledge and
skill have enabled them to finally enter the
markets of the world. We favor the as
ISOLATED policy of reciprocity so directed
as to open our markets on favorable terms
for what we Go not ourselves produce, in
return for free foreign markets"
On June "a of this year, Senator Gal
linger, speaking on his resolution
that the phenomenal prosperity in all
lines of business and industry in the
Nhi'Su S'at0s - IdiSrl.N uue 10 lne eN-
listing tariff law. and the best terests
of the country demand its continu-
ance," said at the conclusion of his ad
dress:
Cur friends on the other side are
looking for an issue. They need not
worry; the issue is looking for them.
Prosperity is the issue and all other
questions are secondary. The Ameri-
can standard of living, American man
hood and American homes are but the
sequences of protective tariff which
brought to us and will continue to give
us an unprecedented age of luxury. an
unparalleled era of prosperity"
EThe national debt is now below
the thousand million point, the state
ment of September 80 giving it, less
cash in the treasury, as $957,415,S S7.
July 1, 1866, it was 2,773.236,173. Near
ly all of the reduction has been made
by republican administrations SIN
dianapols Journal.
Ex-senator Hanna made short work
of free trade as a remedy for trusts
in his Marietta speech: II have no
patience to discuss tree trade as a
remedy for trusts. II is perfect rpa,"
Dies Moines Register.