The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1904-05-27
THE TARIFF IS TO BLAME.
Prosperity Boasted OF in Republican
Platforms Is D.sproved by
Published Facts.

People with small incomes. farmers
clerksand working men should husband
their resources anc savings Tor period
Of business cepre ssiuu wOu.d seem 20 be
impending The Associated Press sent
ont warning on May ID. which was pub
lished Ii the evening newspapers 81 that
date and the morning newspapers u the
nexr day az the head of the financial
news. The report after stating the un-
precedented collapse Of The stock mar
ket says.
'The conviction Is growing. however.
that the cause Of the siaenai.on 10 the
stock market is deeper lying than any
temporary factor. and has 70 dOwith the
gradual emerging Of the conditions OF
general contraction in business and in
dustry in al directions"
Hard times always follow a boom
and business depression means that the
man must seek The JOB and not the job
the man The reduction I'm wages that
commenced last fan will surely be more
accentuaied as the demand for labor be-
comes less and the railroads and other
great corporations reduce their work
Ing force. Indeed. this reduction has al
ready commenced for the New York
Central railroad has ordered all It's de-
partments 70 cut down expenses and the
men employed 10 be reduced 10 the least
number necessary 20 carry on the bust
ness OF the road. Other railroads Will
likewise retreuch. and this will cause
-.a - f~f Fr~
when ~the man is seeking the job" he is
compelled 20 accept what the employer
offers. when he knows that thousands IRE
after it
This breakdown 81 prosperity which
the pr0tectionists boast is produced by
the protective tariff. is the outcome that
has been fOreiold By the democrats.
The goose is slowly dying that laid the
golden eggs. and the few have the gold
and the many will now have 10 suffer.
But the deception that the republican
leaders have practiced on their follow
ers is still being continued. for on the
same day that the Associated Press sent
out its pessimistic report on the bust
ness outlook. the republican state con-
vention Of New Jersey in the platform
adopted. declared. That the proiec-
tive tariff has brought the greatest pros
perity 20 capital and labor" Repub-
lican platforms are VIGOROUSLY unreii-
able. and the idle men in the protected
industries in the silk mills. the wooden
mills and other factories running on
short time in New Jersey. the cocoa
idle men in the textile field in Philadel-
phia alone. are facts that dispr0ve the
reliability Of the New Jersey platform
besides the general contraction in
business" that the Associated Press an
I nounces
1 Prosperity has vanished from so many
I industries. and so many homes are 70.
stricting their expenses. that there
must be something wrong with the sys-
TEN that the republicans are boas-ing q
The New Jersey platform. however
\ told the truth about the prosperity tbs
tariff has brought 10 capital II il hac
been frank enough 10 acknowledge tha'
I capital" meant The trusts As long a.
the trusts and combines can keep up M
Y price o. what they produce. they VII
7 still have measure Of prosperity. but
with falling wages and men our q work
1 even the trusts viii suffer. for the ca
Y pac.ty % the people 10 consume Is meas
ured by the amount a money they earn
4 In cnrtaiiirG expenses luxur.es and then
clothes are the first items cut OF and the
7 present depressed condition of the tex
Z tile market tells the tale In the Journal
I OF Commerce. May H. the headlines o.
The article on the dry goods trade says:
Buyers stu Cautious Not Dispos- -
to Commit Themse TO Liberal Pur-
chases" a Waiting Period on Al
Lines-General Belief That Were Prices
( 10 BE Announced en- Lower Basis Buy
inc Would Be Sufficient 10 Cause
Speedy Reaction Many Lines Selling
at or Below Cost To-Day The same
newspaper on the same day published
a dispatch from Fail River Mas which
says The plan 81 running the mills
four days a week which has been tried
for the past Eve weeks has proved cisap-
pointing. some 81 the agents a. least
strongly favored reduction il wages
even though il was pretty well under
stood that a general strike would follow
such move Other manufacturers favo,
a shutdown without q reduction There
is general apprehension over the situa-
ton A number 81 other dispatches
I in the same issue Of the Journal n Com.
merce indicate similar conditions al
other places Resolutions BY repub.
Hcan conventions. thar prosperity reigus
supreme. and the protective tariff is The
cause Of Il is mere blum. when the facts
show that business {. depressed and
growing more so.