The Republican journal. [volume] (Belfast, Me.) 1829-current, 1914-07-02

u Tl remination of Curtis means the
...i,n Of Governor Haines.
PROSPECTUS AND IT'S SEQUEL.
e.,n The New York Sun, Ind't]
within a few days of year since
o..sfao. Wilson, addressing Congress
Ria. subject of currency legislation,
sa'1. - .,t enough to strike the shackles
--- .g-,ress. The duty of statesman
r moi negative merely. 1t is con-
.r-ra also. We must show that we
....arl what business needs and that
ra lsg to supply it.
fl. tvrvemonth which has all but
..-. ~ wat conviction of this under
-M... mi knowledge has been pro
I. 1ow is it shown? Is it evinced
-r -r.v Vt unemployed labor, in the
...-.aa1n Of side-t tracked equipment
r railroads, in the record breaking
SD imports and the equally rec
1g gold exports accompanying
s.r -Xports of merchandise, in the
-I. volumes of forward orders at
uo m mines, in the contraction of
t.o- wings and in the statistics OF
rs-a-. mortality and diminished en-
r.- Or are the understanding and
know itly displayed in the recent
roota,. of Senatorial investment in
H the Wall street curb market
rr -u-uied anew with the assistance
s.g. -fzements on official stationery
a. 5.ta committees?
ia. Ne that the prospectus OF last
lime MAS at fault in its suggestion of a
r5Iu Arowledge of ''what business
needs how to supply it?''
ia. a.uinistration's latest challenge
ss .--ss opinion traversed a letter
NJ H- -mmons Hardware Company of
81 ai- Mo, one of the great COM
rer.a. concerns of the country. In that
l-rta- the trade the view was express
sdth4r II Congress would "shut up shop
sa1 20 home" the chances of business
recover. would be vastly enhanced. The
veteran Merchant who is at the head of
hs company confesses that he was the
author II the communication and is cred
TED 10 a despatch to our contemporary,
The Herald of this city, with the follow
ing yos yation
So far as the Administration policies
are concerned | am one of the warmest
Supporters Of the President, but know
thousand times more about business
and business conditions than the Presl-
dent ioes
How heretical yet how Illuminating!
RES}DENT's WILSON'S PROUD MOMENT.
From the New York MALL
W. are getting at the facts. The Will
sontnIerwood tariff is telling its own
story. and it is different tale from that
forecast by the Democrats in the Con-
gess asst fall The official figures are
available for the first seven months of
desperation of the anti-protective tariff,
aas rHe figures are not merely psyche
logical. They are concrete and damning
facs
1T vas no state of mind," but
Tariff qmical to American industry, that
lHeasei imports S24, 93S, Alb, and cut
dow. ports SIP, 466, 1888. With close
Nf4t billion balance of trade in favor
Of America in the corresponding period
o. tue arecedlng year, the excess of eX-
ports Yer imports is cut $137, 405, 1856 by
Ae srNU Underwood law.
lhg lotal foreign trade of the coun-
ny r5twlthstanding increasing buying
abroad for American consumption, is re-
du.ei S,5.528. 370.
.lomeet the fattening of foreign man.
Nactlrers at the expense of American
producers, the drain of gold from this
side to the other has begun, exports Of
g0Id eAt=eding imports by $l2, 391, OSO.
Inc condition forced upon American
Industry ny reckless tariff cutting is
NsIea by the national treasury, which
suffers loss of SIG, 102, 553 in customs
receipts alone, and total shortage in
income Of 500, l10,2l7 against which the
I'Favagance of a Congress pledged to
economy mas increased expenditures &c.
s05,zo9 Thus surplus of SIS, 584, 014
nss been turned into deficit of $25. 4S5, 492.
II is to be remembered that when
resident Wilson signed this bill, that
I 1 devastated American industry, on
0G aG 4, 1913, he said:
4feeI very peculiar pleasure in what
ts nave Just done. l have had
NE accomplishment of something like
T %s al heart ever since | was boy.
laS, great as it is, is the accomplish
T T Of only half the journey. u
W. are row about to take the second
s gyp ID The currency bill. Why
sDo1G We wait to crown ourselves with
%'S1aHate honor? And | covet this
MARX We'll the sort of honor that the
a,1 has won by the bill that he
s'gl On that October evening, amid
~, laughter and chatter" of the lead
79 VI The Democratic marty