The Hood River glacier. (Hood River, Or.) 1889-1933, 1912-10-10
LEST WE FORGET
WE ARE REMINDED
Panic of 1898 Followed
Conditions Similar to
the Present.

In these days OF pleasant prospen-
ty. under a Republican administration
when wages are high, when every man
who will work has job; when the
farmers are getting high prices for
all their products; when factories are
running full time and the people OF
Oregon are too prosperous to think of
politics, they are apt 10 forget the
Democratic panic Of 1898. In the iaIl
OF 1892, at the close Of President Har-
risons administration conditions were
similar to what they are at present
In fact, the President in his message
to Congress in December Of that year
spoke Of the unparalleled prosperity
Ia every industry in the country. But
Cleveland was elected President In |
November and out OF a clear sky, dis
aster fell upon the American people.
The fear of Free Trade paralyzed
them Immediately. In his message
to Congress at the opening OF his
term, President Cleveland spoke Of
the adversely which had suddenly de-
scended upon the people. For the
purpose of refreshing the minds OF
the people of oregon in regard to
that sorrowfu chapter in our history
when three million men we're sudden
ly thrown out OF a job; when every
farm was loaded with a mortgage, we
print below a partial list OF the diff
ferent disasters which befell the Am
erican people within fourteen months
from the date Cleveland was inaugur-
ated:
tFrom Appleton,s Annual Encyclopedia,
1888. 1894 and 1880
July 49, 1898: Denver, Colo, four banks
lose their doors and there are runs on 81
Ither financial Institutions n
July "a; More bank failures in the
July 2s: New York; two stock ex-
hange firms fail.
July 81: Ten banks suspend, most OF q
lem Northwestern. Other business tail
res reported
July IS: More failures and suspensions,
cluding nine banks In the West and "a
le IN KeItueky.
August /: Collapse Of the Chicago pro-
sion deal Many failures Of commission II
uses. Great excitement IN the Board M
Trade.
e strongest In the country, is unable
IN its weekly order for small currency. m
August -: Madison Square Bank sus-
nds
august II: Much excitement on east
e New York among Hebrew laborers. a
lice called out.
august %: Encounter between anarch-
; and socialists ayerted by police in
.ugust 49,: Meeting OF anarchists brok-
ugust 80: Kansas coal miners strike
ed with nothing gained.
lnuary 10. 1894: Secretary OF the
asury, Carlisle announces his intention
ssue bonds
lnuary II: The Secretary OF the
lsury offers $50. .000, 900 loan for pub
subscription, according to his an
need intentions.
nuary "a. Strike In Ohio Of 10000
nuary 27: A mob of foreign miners
roy property at Brantville, Pa, and
where.
bruary IS: Many New York silk fac
s close on account Of strike
bruary IS: In Ohio all the mines in
Masillon district closed by strike.
bfuary 20; In Boston a Tiotous as M
Dlage of unemployed workmen dis
ed by police.
arch 2: Six thousand miners in Jack
County Ohio. out OF employment
iterson, N. j.: General strike among
silk weavers.
arch s.. In West Virginia striking
ers burn the railroad bridge and com.
other lawless acts.
arch 13: AT Paterson, n j., riotous y
,eeding on the part OF the striking
arch II: In Colorado Governor Waite
ers state troops TO Cripple Greek 10
press mining troubles
arch 20: In Boston large body Of
mployed wuTkmen march 10 the state
Sc and demand employment
arch "a. A movement lnaugurated
various parts or the northern states
wh as the Army Of the Common. #
nth. Coxeyltes, etc, proposed march 81
to Washington and demanding helm
the hands of Congress.
Iarch 81: CoXeyltes are source Of M
-ot 70 certain western towns upon
pril 2; In Chicago 5000 plumbers
pnl 3: In South Carolina the cover.
!, declares martial law In all the cities
.prl 4: In Pennsylvania men killed II
| wounded in coke riots -,
-prll IL: The general council OF United m1m
il6e Workers orders strike affecting -
,pril 49, Strike on the Great Nortbsrn
eads to the Northern Pacific eazs
.pfll 2Vs In Omaha mob seIzes
n OF box cars and attempts TO deport
NY industrial army, but the army
uses to go.
'pril az About 1900 miners ston
TX IN sympathy with the coke strikers
Pennsylvania
,pril 2S: Arrival Of division OF the
KEY army AZ Washington.
! division Of the Coxeyites arrested M
unit Sterling for holding up "A railway A
lnited States troops ordered to assist
clvil authorities Ia the far west
N lue Great Northern railroad system E
!, knights OF Labor are called out on
ipril ,p 2s; Kelly's army, 1000 strong.
Urn 80: strike Of 1000 painters in
lay /: Attempted demonstration NJ
KEYS army on the steps Of the Capitol
Z is only common sense to believe
It like causes will produce like eff.
is, 10 the people of Oregon wish
take leap in the dark and again
'hange the great prosperity of the
ssent for another era OF hard times.
they want Patches on their pants"
ain let the farmers and working
N vote for Professor Wilson. the
ee Trade theorst.