The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1902-10-25

came cheaper, but the people had no
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 midst OF
Industrial and commercial stagnation
low prices Knocked the masses who
could not obtain the money with which
to make purchases.
But one need not dwell on descrip-
ton of those conditions. Mere refer
ence to them will revive their memory
wildly in all minds. In 1896 the repub.
lican party was welcomed back to pow
er with open arms, with rejoicing and
with the confidence that it would bring
back prosperity. To do that was not
an easy task. In any other country IL
would have been task of years. Bat
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 declarations:
I'VE renew our faith in the policy OF pro
| lection to American labor. In that policy
| our Industries have been established. al.
yersified and maintained BY protecting the
| home market competition has been stim-
ulated and production cheapenedt Oppor-
/ st,.. NJ Aus n
| 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 conditions of life from those OF any
competing country. Enjoying the blessings
| of the American common school. secure In
the right of elf-government and protected
in the occupancy of their own markets.
their constantly increasing knowledge ana
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 do 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 al
lines of business and industry in the
United States is largely due to the ex
isting tariff law. and the best interests
Of the country demand its continu
ance," said at the conclusion of his ad
dress:
"Our 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"
UThe national debt is now below
the thousand million point, the state
ment of September 30 giving 1t, lesl
cash in the treasury, az $957,415,ss7
July 1, 1865, 1t was ara, 2a6,17a. Near
" all of the reduction has been made
by republican I'm
dianapolis Journal.
il ex-senator Hanna made short worl
of free trade as a remedy for trusti
in his Marietta speech: II have n,
i Il =