The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1908-06-20
FAIR DEAL NEEDED
FIRST REQUISITE FOR RETURN
OF PROSPERITY.
Artificial Methods Of No Avail While
the Republican Policy Of Protect
ing Trusts and Corporations
Continues in Force.

TWO elements are at work trying to
create prosperity, and both seem to
emanate from the same source. Ger
tain Wall street interests have been
forcing up the price of securities for
some weeks until railroad and indus
trial stocks are higher than before the
panic occurred. Then we have the
National Prosperity association going
up so far as to set June 1 for the birth
of the new prosperity that is to en-
velOp us with a golden mantle. The
plan seems to be to boost stocks in
Wall street so that the railroads can
borrow more money, which from the
Observation-Disclosures point of view
is a sure sign of prosperity.
The manufacturers are to do their
part by starting up all the factories
en- full time and, Of course, selling the
products at full prices.
Whether this hotbed process of pro-
ducing prosperity will work can, of
fourSe, be only surmiSed, but as the
primary heat furnished by the stock
market manipulators does not seem
to have warmed up the lambs to the
necessary enthusiasm, prices are err
ratio and inclined to sag. The lambs
have been shorn too lately and closely
to be expected to show much enthusi-
ASH until their fieeces have had time
to grow enough to cover their naked
ness.
There is no doubt that all the tariff
protected trusts can start production
on a large scale, but whether the con-
sumers can pay the high prices neces-
sary for this hotbed brand Of pros
perity is more than doubtful. To over
stock the market with manufactured
goods that many people in their pow
erty through lack of employment cam
not pay for, will hardly help matters
unless the trusts are prepared to re-
duce prices and thus stimulate demand.
AS the Republican congress has re-
fused to reform the tariff, the tariff
protected trusts still have the power
TO collect their share of the tariff tax;
and Judging from the action of the
steel trust, the beef trust, the sugar
u . LIN many OllClS, III OCICl III
ing not to reduce prices, they evident
ly do not intend to divide their pros
perity with their customers.
The people generally must have
money in their pockets before prosper
ity returns. Confidence is a child Of
slow growth, and until confidence is
restored it is much to be feared that
prosperity, nourished by the corpora
tons for their W selfish ends, will
hardly be deep enough to reach the
homes of the people.
Who has confidence In any pros
perity for the people from Wall street
manipulators?
Who expects prosperity to be pro-
duced by the railroads advancing
rates?
Can prosperity come to the people
by paying the trusts more than they
charge foreigners?
Who can have any confidence that
Republican policies will produce pros
perity since the panic, and with the
business of the country still at low
ebb?
A presidential year is not a boom
year, and good crops will have to be
assured and marketed before the buy
ing power Of the people again assures
prosperity. The boast of the Repub-
lican politicians that the tariff that
protects the trusts assures prosperity
has been rudely shattered during the
past year and their do-nothing policy
during the session of congress has not
condoned their evident desire to serve
the trusts and corporations more than
the people.
Everyone wants prosperity, certain
ly for himself, and may be depended
upon to do what he can to secure 1t.
If the people can secure a fair deal
they will be prosperous, but with the
Republican policy of protecting the
trusts and corporations in plundering
them by high prices and still higher
rates for transportation, the brand
of prosperity that has been and is to
be handed out, Is of the Dead-sea-ap.
pie variety that crumbles at the touch
of investigation. Please keep cool
and give the people a chance to re-
cuperate. Under bad laws, and the
stand-pat policy that our Republican
governors have forced us to bear, the
growth of better times will be slow
for the people, though the trusts and
corporations should 500 flourish az
the green bay tree.