Democratic Sentinel, Volume 17, Number 25, Rensselaer, Jasper County, 7 July 1893 — A DESERVED SCORING. [ARTICLE]

A DESERVED SCORING.

The Indianapolis News, a Re> publican paper, administers the following rebuke to Ex-President Harrison and such republican pa pers as the Re isselaer Republican for their efforts to fasten upon the Deino'cratic administration blame for the existing financial aemoraldemoraazaticn. It says: “Ex-President Harrison wrote a note to the convention of the Republican League Clubs, as reported in The News yesterday, in which he said he “ thought he might add without transgressing the proprieties, that there is nothing in the present business situation to sugs gest any great gain to the country as the result of the inauguration of Democratic politics.” This statement, it seems to us, does greatly transgress the proprieties, and reacts in a way not to be desired; for it forces attention to the

fact that the present business sdnation has nothing to do with Democratic politics, and vice versa; that this situation is the direct result oi laws passed and carried forward for years by the Republicans, in the face of as plain forewarning as ever an event had. For years every man of affairs lias persisted in pointing out that it was only a question of time when the exists ing silver laws would bring us to the condition that we now face.Since “the inauguration ot Democratic politics,” no one thing has occurredgto increase the malevolent effect of these laws. The long foreseen crisis lias arrived.That is all. There is no reason to suppose ii would not have arrived had Mr. Harrison been re-elected. If anything, the inauguration of of Mr. Cleveland as President may be said to have been in the nature of reassurance because his attitude and determination to save the credit of the country were well know’ll from the beginning.

“As the. St. Louis Globe-Dcm-ocrat, an able Republican paper, pointed out not long ago, Republicans will heavily lose in moral effect by any attempt to make it appear that the present business condition is the result of Democratic politics. It is the simple logical outcome of the Sherman law; this, and nothing more. To the same purport spoke also the I hiladelphia Ledger, one of the most Candid Republican papers of the country: “As it is still lather commonly believed by the rabid partisans that anything and everything is fair in politics, it is not surprising that some of the more radical organs are taking advantage of the unsatisfac ory condition of the national finances and the disturbed state of the money market to gain a little political advantage by attempting to make it appear that the jiresent administration is responsible for the troubled condition of affairs. Nothing could be further from the truth than this, and nothing more unfair. Few, if any, are so ignorant as not to know that the existing financial situation is a legacy left by the late Republican administration to its Democratic successor. The Sherman law is admittedly the cause of present conditions; its author was a Republican, it was passed bv Republican votes in Congress, and approved by a Republican President.”

The Laporte Argus remarks that “in what the Republicans call ‘free trade Democratic times,’ the United States stood a close second to England in the foreign shipping and carrying trade, and this government was rapidly fgetting the first place. Had the same policy continm d there is not a reasonable doubt that ths United States would have long ere this taken the lead in foreign commerce, but the Republican party came into power and changed the policy to one of protection. Our foreign commerce f-oon dwindled to practically nothing, and a dozen nations outstripped us in the race. England steado ilyy pursued its policy of encouraging foreign trade, and the wealth it has accumulated by it is beyond human conception. All nations go to England when they want money. The nation is a hive of industry that may be compared with a hive of bees that go out to all quarters

of the earth and gather cheap raw material, which is taken home, worked into manufactured goods, and sold at a profit. The profit is kept in England or loaned in foreign countries, and the interest used to advance the interests of Great Britain. It is by this sim - pie and common sense policy that England has grown so powerful and great, and yet the whole of England is not larger than some of our states.”