Evening Republican, Volume 16, Number 256, Rensselaer, Jasper County, 25 October 1912 — IF WILSON IS ELECTED. [ARTICLE]

IF WILSON IS ELECTED.

If Woodrow Wilson is elected —and it will be either Taft or Wilson—every manufacturer and business man will know on the morning of November 6 that the tariff will be radically changed. There will then ensue many months of anxious waiting, during which time business men will curtail their working fo»ces and husband their resources against the blow that is sure to fall. When the new tariff law is enacted, orders will be abroad for immense quantities of goods. The withdrawal of orders from American factories will cause every plant to shut down, force millions of men into idleness and line the sidetracks with empty car*. In order to pay the bills of the foreign manufacturers, millions of dollars of American gold will have to be sent abroad. This will deplete the bank reserves, with consequent calling of loans and the sacrificing of securities in order to raise ready money. This means commercial and financial panic. The prosperity of 1892 faded away in less than two years of Democratic administration under the Wilson tariff law. The prosperity of 1912, the climax of 16 years of Republican administration, will also speedily disappear if the Democratic party comes Into power.