The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1904-08-01

What were the princip lies upon;
4 which they then mad 6 theit n ID ppeaiss
i to the people2 Free trad and free sill sls
/ YER What we're their assert oIsst es;
i the effect which he Inc plies
Iof the Republican part would ires
upon the country profession
could not bring prosperity, and "a that
the gold standard could no. ersass
the currency. and only free tr.de
could give prosperity. Now let ms
Esee, briefly. Their these ssertiesns
have stood the test of time be
have not. do we wan Ito accept ! he
] advice of those men no
The National wealt h W. set Town
| by competent authorities In 1sS5 at
SIT ,000, 900. 900 . InsEEi 500 as psi u
by the same authorities at s94 ,00o.-
| 900. 900. At the same rateso increase
since 1900-and nobody Will den
| the increase has been quite as Ta rid
since that timetlae total wea
the country at the present may.
be conservatiYelyp put at 81 90. 600 .0eessa
| 900. This is an increase of $4,000,
100000 since 1885. q gain offs rs per
cent. in eight years q nd be-
conceded by all that " hateHer gain
has come began subseauen to 500:
It is an increase ia the average Eea Itll
of from SLIT per capita ms sss5 to-
s1.250 per capita In 10 Q3s
But the reply to this VII of course.
be that this increase Of wealth has
been solely by trusts and eorposas
tions. It is the logical sequence
the cry of 1896 and 1900 that s. he
rich are growing richer and the poor
poorer" Now, let us see about iss
The reports Of the Comp Ter Of the
Currency are accepted BY everyboEy
as reliable and trustworthy
show that the deposits In saVingss
banks were, in 1895. sic, 900.
and in 1902 We're $3.50 oe. 900. These
deposits, it must be recognized, ire
porations do, not deposit their money
in savings banks. but he emp oyes
of trusts and corporal ons do eposit
in those institutions. Compare the de
posts of 1903 with those 81 1875 and
you viii see that there Is an Increase
Then compare the National wealth
1903 with that Of 4 sos and you nj II 81
find the increase to be 9 per cen 80
Who is 1t, then, that has mad the
greatest gains relatively The Ma ioii-s
al wealth has grown 33 per cent the
deposits of the people In the savings
banks have grown so per cent In
same time. Does this Ioos like the
rich growing richer and the poor poor
er?''
The consumption of pig iron is rec
ognized as an accurate baromete of
general business ditfons. free&l
trade is so good thing for. this coun
try, how was it that the productfonof
pig iron in the United States sass
production, because practically all
of the pig iron produced il
ted States is consumed 81 honle
how was it that the production Of pig
iron, which had been over 9,ooe, 00e
tons in 1890, fellSto six and one IA fssj
million tons in 1894 the year In
which your low tariff bill became
law. and that it Increased 10 efeYen sS
and one-half million tons IN 1888
der the protective tarfff and to seven
teen and three-fourth mi lion tons
1902?
Coal is another measure of business
activity. If the low tart f was 50 good
a thing, how was III that he coal sss
production of the United States fell
from 16o 100000 90 tons in S. s92 he last
year of Republican control ~ os 81,
100000 tons in 1894, the year in which
your low tariff act was put upon The
statute books, and rema med NJ alnnos
stationary during the existenes5 Of
that act, increasing in 1898 to 1856
900 900 tons and in 1902 TO 269 900 coo
tons?t Here are two great factors Of 81
and iron IN ach case
the production, and efores thes cen
sumption. for they "a re prac tfcal fs2sss
at home, fell as soon as
Democratic bill was offered and i'll
came apparent that yoliid beconlea
law. and continued TIA low state eEssss
production and Sconsun ~ ion
hat act was oYed and the
i've tart resunaed sswh an
Increase immedi lately I
DreasmatSin
st Second street Il