Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1911-08-23
THE TARIFF REVISION BLUFF.

we are gong through resting peflOu,
remarked former President w. +. Corey OF the
United States Steel Corporation as he set foot
in New York after a long stay in Europe. "Busi-
ness conditions the other side somewhat
better than here. After ten years OF unprece-
denied prosperity it would seem natural that we
should have letup How long it will be quies-
cent is a problem. 1t seems to me that we
should not expect period of activity in business
until after the presidential election Of 1912. .
If we get any such revival before January,
1913, it will be something OF a miracle The
fact is that we not only going through
resting period but have also been going through
one for four years-and from various causes.
There was a reasonable expectation early in the
year that following the final adjournment OF the
SiXty-frSt congress in March there would be
something approaching business revival for
year or more, or until the presidential cam
paign Of 1912 had gotten itself into sharp evil
dence. But the last congress adjourned without
ratifymg the Canadian reciprocity agreement,
and the only thing for President Taft to do UNI
der the international pledge was to summon the
new congress in extraordinary session to do
what its predecessor had refused to do-and,
international trade reciprocity being very large
ly il not wholly matter OF tariffs and the
democratic house OF representatives being bent
on making a bluff at overhaulmg the Payne
Aldrich schedules, business destroying tariff re-
vision and agitation has had the country by the
throat for six months; and with no prospect OF a
real letup until after the November elections
Of 1912. now many months away Ii business
were only resting, Z that of itself would be bad
cnough-but it is being kicked and buffeted
about numerically and unnecessarily until it
lives and breathes only through the hand-to-
mouth process.
'While the coming of the presidential year
on the heels of tariff agitation is regrettable
from the business point view, says the Wash
ington Post, 'still it is to be welcomed as af-
fording an early opportunity to sound the peo-
pie The verdict of the ballot-box must have
been rendered, and history repeated once again
as it has been repeated and over since the
day Of the Wilson bill, before prosperity can be
restored in this potics-ridden community of
ninety million producers and consumers.
Which is a prediction, of course, that the peo-
pie are going to elect protectonist president
next year and restore the house of representa-
tves to republicans protectonist control That
may or may not happen. But the chances of
electing a democratic president and of keeping
the house in continued democratic control would
have been much nearer to even had the demo-
cratic leaders in house and senate brought about
an adjournment of congress Immediately follow
ing the passage of the reel procty bill. Since
then they have simply been playing politics
have been managing big political farce. And
today the humliating spectacle is presented of
the senate democrats dancing as mere marion
cites as 'Insurgent" La Toilette pulls the harp
strings. They are fearful that, if they quit the
farce, the Wisconsin senator and his republican
bushwhackers will get all the credit and all the
political capital that is to be had from any pos
sible tariff legislation of the present session
Why, with full knowledge that no tariff
legislation can get past the president, do the
democrats of house and senate persist in keep
ing up bluff that deceives nobody and for
the busness-depressing effects of which their
party must inevitably answer at the polls in
the year 1912?