Year: 1877

be closely allied, and which would not be antagonistic if something above, beyond and outside of both, had not destroyed the conditions of close alliance based on mutual in- terests and prosperous development. The causes of the evil discovered, 1t must then be our care to restore the conditions of prosperity, on the basis of justice to all classes, the means of profit and investment to capital, and of work and accumulation to tie thrifty and industrious laborer. So long as capital lacks for investments and profits, so long labor will want adequate and remunerative employ ment, and these are conditions which produce discontent, feeling of in justice and a state of continually threatened anarchy and outbreak.

 The two classes are in the same boat-divided they can sink the ship and certainly benefit neither united they can correct the evils of our system, the mismanagement Of every public interest, and establish a new and juster system which will furnish the conditions of new pros perity and new development, restore trade and commerce, relight the fires ofour manufacturing establishments, and start anew old enterprises and inaugurate new industries, furnish ing new outlet for all capital and new channel for all labor.

 The tariff which compells every citizen to pay double price for every article he buys, and expresses, too, under the guise of protection nine tenths even of manufacturers, which destroys American ship building, the carrying trade, and prevents the growth of lucrative foreign com merce that is awaiting, in Mexico and South America, our return to reason, is one patent cause of de- cline. The financial policy which has made the destruction of values in war-itself hard enough to bear a new means of extracting the sur plus profits of the country, leaving a growing population with daily di. minishing share, per capita, of the necessaries of life, the conversion of greenback debt into a gold debt then of gold and silver debt into q gold debt, and the exclusion of sil- yer as legal tender, the receiving 1nn creating perpetual difference be- tween gold and the currency of the people, the continual contraction in the effort to force resumption, even if it destroy all prosperity, and worse even than contraction, the continual tampering with the cur rency and the finances, applying the method of one man to-day and an other tomorrow, one man trying one experiment today and another to- morrow, and none by any chance ever alighting upon a sound or prac- tically working system-these are sufficient to explain the destruction of all prosperity, the idleness of cap ital and the diminished profits when it is employed and the consequent idleness and suffering of the labor ing classes. These two protective tariffs and contraction, twice oper ating singly, almost ruined England the finances from ISIS to to 1922 and the tariffs from 1887 to lS42. How can we stand both?

 Iniquitous patent laws restrict the freedom of manufacturing and sale, and limit even the use of old inven- tions newly patented, and become the means of eXtortion, whereby all classes are made to pay enormous sums to few.

 Add to these the enormous cor ruption in the Government, the ex- trevagance in every department--in expending the outlay and in collect ing the income-the extravaganza and corruption, the overreachlng in private speculation, and corporation extension and operations, the flood tide of bonds and stocks-the enormous stretching of credit, and reaching out in too widely extended operations of railways, of railway building, of mining, of city building and improvement, and the inevitable collapse.

 Who is responsible? 1t is too deep, too broad, and affects society too widely and generally to be . mere narrow party question, either in looking for the cause or remedy. All society has been tainted and af- fected. It is the crop of corruption, extravagance, speculation, and wild unbridled license which follows war, and taints all society; but it IS a truth which must be recognized that all the clements of corruption and extravaganza, and overreashing, and oppression and monopoly, fastened themselves, naturally and necessa- rily, on the Republican party, and through it's active and willing CO., operation worked out this dire result, which we see now bearing it's first crop of blood, which, however law less and little to be commended, is the natural and inyariable concomit- ant, and the inevitable winding up of such a system.

 The Republican party opened