Pike County Democrat, Volume 26, Number 10, Petersburg, Pike County, 19 July 1895 — Page 5

TAXING RAW MATERIALS.

Xhia Crime Afainit Aatricu Bm Seen Its Day. Much ado ia made over the increased importations of Egyptian cotton within the last year, says the Philadelphia Reo<jrd. These importations afford a most substantial and gratifying proof of the growing strength and prosperity of American cottou manufactures. Former* Jy this Egyptian cotton, which is adapted only for making the finest fabrics, had little or no market in this country.’ It was necessary therefore to import all 4he swiss muslins, laces and other fine tissues made freon the Nilotic fiber, but with improved machinery and the application of intelligent labor American cotton manufacturers are now able to successfully compete with their foreign rivals in nearly every field of production. American goods manufactured from Egyptian cotton are now finding • their way into foreign markets. The increase of the imports of this fiber affords an accurate gauge of the increase of its manufacture in this country. But these imports of Egyptian cotton are, aftef all, a mere drop in the bucket compared with American exports of ootton. It, is therefore absurd to pretend that Egyptian cotton threatens any serious competition to the cotton production of the United States. While the imports of cotton last year amounted to $3,000,000 in value, the exports amounted in value to upward of $207,000,000. There has been an increase of imports recently owing to the prosperity of ootton manufacturers, but it is not likely to cause any alarm to the ootton planters. They , will hardly be persuaded by dread of Egypt to enter into a combination with the sheep growers to put high protective duties on wool and cotton. Against such a combination the woolen and cotton manufacturers alike would earnestly protest. The day for taxing the raw materials of industry in this country is well nigh over.__ IRON AND STEEl INDUSTRY. Released From the Slavery of Protection, It Grows Rapidly. The journals devoted to the iron trade continue to present favorable reports of that industry. The Iron Age of New York, which is tho official organ of the American Iron and Steel association, in yesterday’s issue says, “The improvement lias now spread to practically every portion of the country,” and adds, “unless some fatality throws baek the iron trade, the balance of the year promises to be quite good.” There is no reasonable probability of such an occurrence, and a satisfactory business for the future may be relied on. In fact, the tone of the paper in its general review of the trade points to inch an expectation. “Eastern buyers of soft steel are waking up, ’' it remarks. '“Concerns which some time since purchased blocks of hundreds of tons are now in tho market for 1,000 and 2,000 ton kits, ” and this in tho face of a rather sharp advance in prices. The wire industry is active, and a considerable advance is quoted in the price of nails. Steel rails are in aetit% demand, which is further proof of improvement in railway traffic. The condition of the trade in the Cleveland and Pittsburg districts *s equally satisfactory. The Iron Trade Review, published at Cleveland, recently, after allndiug to the activity in trade, said: “There is no evidence of a boom effort in any line. Support has been given the new price by a quickened demand for finished material, and buy- * ers who have waited for a reaction have seen each inquiry answered with a higher quotation- ” The truth is that the industrial interest, released from the slavery Of so called protective legislation, is now asserting itself by a substantial im-provement—-Kansas City Times.

No Time Tor Hysterics. The Philadelphia Record says: The Beading Times is still chattering about free wool and the dreadful hardship of •woolen mairafacturers who are enjoying 40 per cent of “protection1' on their manufactured products. The tariff editor of The Times should give over reading dolorous editorials in Protectionist journals and give his mind an outing. Bead the news, esteemed contemporary! The woolen mills are^still turning out woolens, and many of them have, advanced wages. The time for dumps and hysterics has passed. Where the Destruction Comes. The “sweeping destruction” which Major McKinley saw as the result of lower duties on iron and steel is apparlently to apply to the foreign markets rather than our own. Where he predicted overwhelming importations exportations have sprung up. Our iron industry needs no protection. It is the foreign industry with its “pauper labor” which is most in danger.—Springfield (Mass.) Republican. High Priced Reform. Tammany has been pictured as representing the quintessence of all that is had in government. But it appears that the “reform” legislature of New York, which Boss Platt carried about secured against escape in his breeches pocket, has increased the tax rate by about SO per cent The Republican variety of “reform” comes high. —St. Paul Globe Tho Beginning and the Bad. Pittsburg wants the Republican national convection, and we hope she will get it She was in at the birth of the party, and it seems appropriate that she should be on hand at the burial.—New York Mercury. The Quorum Tom Waste. * By means of another session’s practioe pc speaker, Tom Reed hopes to be Able to count a quorum in the national convention next year.—Detroit News. Docent Obeenre Prosperity's Sun. About the only clond on the country’s prosperity at present is that formed by Sbe growing smoke from industrial tbimueys. —Philadelphia Times.

HIS MISSION ENDED. -■ 1 INDUSTRY'S HUM HAS SILENCED THE CALAMITY HOWLER.

I- I f • \ Argument* of the Ul*h Tariff Partisan MI to the Groand—Wa*«a Battered to the FHfhir»‘ Point Under the McKinley Lew—Beet Tariff Bill Since the War. The mission of the calamity howler is about; ended, sayB the Philadelphia Times. He has had a free field during the last two years. From causes entirely beyond the oontrokof the present administration there was serious financial and industrial revulsion, and he has contributed largely to the general distress of the people. The partisan howler who has spoken t hrough the columns of nearly every partisan organ has systematically mid persistently played upon public distrust and greatly aggravated the sorrows which fell upon the people, not only cf this country, but of every civilized country of the world, because of the general industrial depression. The United States was the last to feel the general revulsion in industry and trade that prevailed throughout other countries, and it is the first to recover from the blow. Our vast and varied resources with the wonderful adaptability of our people, have hastened the return of prosperity, and today nearly every leading industry of the land has restored the reduced wages of panio times, and industry is vastly better rewarded than it was under the monopoly McKinley tariff that taxed the necessaries of life without increasing the'pay of workingmen. The fact that Mr. Dolan and Mr. Disston ' of this city, the two leading manufacturers in their respective lines, havo each restored wages to the highest pioint paid under the McKinley bill, is conclusive evidence that it was not the tariff that paralyzed business and compelled reduced pay for labor. Each of them contributed liberally to secure the McKinley tariff and again contributed liberally to maintain it, but today they confess that the tariff has not" affected wages by restoring to their labor the full wages paid under the McKinley tariff. The general depression that prevailed during the last two years was the result of causes which are gradually becoming understood. Our financial complications were the origin of the trouble, and every financial measure that aided in producing the financial revulsion was eu ■ acted under the political authority that turned into organized calamity howlers when it was defeated in 1892. Every depression of industry and trade was imputed to the prospective repeal of the McKinley tariff, and now with the best tariff the country has ever had since the war the calamity howlers are compelled bo confess its wisdom and restore wages to labor. Under the McKinley bill there was not a single industrial establishment that we can recall whoso labor received increased wages, while hundreds of employers reduced the wages of labor under that tariff. Today signs of prosperity are visible on every side, general confidence in finance, industry and trade is rapidly being restored, and before another y£ar shall- have passed Philadelphia industries will .be more prbjejNHjpns than they have ever been since the war, unless there shtill be fresh disturbance by the destruction of national credit and the success of the free silver craze NAVY DISCIPLINE. No Excuse Con Excuse or Palliate Admiral Meade’s Offense. It is more than the madness-Mt is indeed only the ignorance of partisanship that would justify a spirit of insubordination in the navy. No man with brains to comprehend or with judgment to appreciate what this means would be found justifying it There is no room for difference of opinion on the subject and no excuse for defending such manifestations. In the case of Admiral Meade, he himself has recognized this, and In refusing to acknowledge and stand by his language has admitted his own consciousness of its wrong character. It may be offered in his extenuation that what he said was hasty and was regretted at a later moment, but no other possible palliative for his action can be presented. The more sensible portion of the partisan press thus far is content with silence Vith regard, to this breach of discipline. —Boston Herald.

The Very Best Testimony. After citing about a scot© of cases where' large manufacturing concerns have recently announced a voluntary increase in wages, the Dallas News (Ind.) remarks, “These results bear unmistakable testimony V> the happy ridance which all legitimate manufacturing industry of the country experienced with the demise and burial of the McKinley tariff.'' Trusts Under the New Tariff, The Wall Paper trust is about to be wound up through judicial process. Ever since the repeal of the McKinley law the trusts have been shaking, and one after another is disappearing. Fair trade tariff legislation is bad for monopolies, and the trusts have no show under the new tariff law.—Kansas City Times. Under the Democratic Tariff Too. . Six thousand naihnakers in the west are rejoicing now over a 10 per cent increase in wages promised for June 1.’ Wages are going up everywhere along the line.—Boston Globe. Time to Stop Croaking. Why shouldn’t the calamity howler be silent? It's only the frog that continues to croak after getting his head above water,.—Philadelphia Times. i Harrowing Thought. 'die McKi nley hill must turn in its grave' at the thought of the establishment of a ian plate mill unde£ a Democratic tariff-—-Detroit News.

A K< II’KIN LEY TARIFF HISTORY, Wi|m ud lacraifd TUm. The McKinley tariff lew went into | operation on the 0th day of October, 1890. At that time business was prosperous, industrial J enterprises active, wages good and the people were oontent- ! ed, says the Kansas City Times. Bat I that measure ixustaptly introduced a change.. Labor was promised by the supporters of the bill more liberal compensation far its efforts, and industry had been assured of greater rewards and activity. But the opposite result ensued. The revenues fell off materially, while the tax burdens were increased. The magnificent surplus which had accumulated in the treasury was dissipated without a proportionate reduction of the public debt

All uw ftpxriujjt ui lOJfi, a jcai uciuiu the expiration of the Harrison administration’s term of office, and more than two years before the repeal of the McKinley law, the logical effect of the ruinous economic policy embraced in that measure began to assert itself in all centers of industry. Wages were reduced in the coke region, in the coal mining districts, in the New England machine shops and textile factories and in the iron manufacturing sections. This downward tendency culminated in the Homestead strike in July of that year. The distress then inaugurated, augmented by time and sharpened by adverse conditions, continued until the panic set in a year later. The McKinley law was repealed during the regular session of the last congress. The measure which took its place went into operation abont the middle of October, 1894. At once there were exhibited signs of industrial and commercial improvement. Merchants began buying more freely. The increased tonnage added to the earnings of the railroads, ! and. mills and factories that had been idle for two years were set in motion. Early this spring wages began to advance, and now, after seven months’ experience under the Democratic tariff law, the wage rate which prevails throughout tho country is nearly back to the standard that existed before the McKinley law was passed. THE DEMOCRATIC TARIFF. No Longer m Doubt as to tho Wisdom of Its Provisions. Disston, the great sawmaker and Republican high muck-a-muek of Philadelphia, has held out for low wages as long as he dared and has now joined the procession of wage raisers. Meanwhile the authors of the Wilson bill look on and smile contentedly, confident that, so far as the tariff is concerned, the Democratic record will soon be approved by an overwhelming majority of the people. The restoration of wages to about the standard that prevailed before the panic of 1893 is now very general in the iron and steel industries, and it is already Extending among. the textile industries as well. The revival has been slow, but sure. The tariff question will not play the leading role in the campaign of next year. Governor McKinley’s great mistake consist* in persisting that it will, and in staking his chances of being struck by presidential lightning upon that belief.—New York Mercury. . -Ul—-— . ' ‘ * Tom Reed’s Scare. “Three glass botfibs fitted with nitroglycerin were found on the stoop of the Hon. Thomas B. Reed’s residence early

on Tuesday meaning and have caused great excitement in Portland,” says a dispatch.—New York Commercial Advertiser. __ ^ Senator Hill Wot a Jingo. David B. Hill is not a jingo. He believes neither in the increase of the army nor in the building up of a strong navy. He is opposed to entangling alliances with foreign nations and deprecates “silly national quarrels over unsubstantial things. ” There is evidence in it that Senator Hill is capable of attaining a standard of statesmanship in some important points, and also that his judgment of the views of the people generally on jingoism does not coincide with those of the ordinary demagogue in both parties.—Boston Herald. Wearying to the Major. The Railroad Gazette announces that the railroad companies have ordered more than 22,000 freight cars this year and have bids out for 8,000 more, representing in all an expenditure of over $10,000,000. Such stories as these must make Major McKinley tired and cause him to long for the time—but we won’t say another word. It would be in violation of our time'honored custom not to hit a man when he is down. Two Dead tad Gone Imbm. There is plenty of time yet for Major McKinley to discover that the tariff and the abolition of slavery will not bewini wing issues in the campaign of 1896.—* Detroit Evening News. Didst Haw* rime. Governor McKinley did not sit for a 1 picture during his brief stay in New Yor]|. Most of his time Wf»s occupied in [ itting upon the Harrison h001®- .!.• •

YEARS OP INTENSE PAIN. Vhr. J.m. Wrntt*, druggist and ptayfldan, Humboldt, Heb., vhontodl wtib heart disease tor tour yean, trjrlutl ewei y remedy and all treatments known to hirtself aid fellow-practitioners; believes tbit beart disease Is curable. He writes: “I ulsh to tell wbat poor valuable met Icine las done for me For four yeairal h. Ml beart disease of the eery worst kind. 8ereral physicians I consulted, said It is Rheumatism of the Heart It was almost u aendurable; with

ihortntu >t breath, palpitation a, , t«T« r« pains, tunable to sleep, especially on the left side. i No pei scribe : pi ■during No pen can describe my sufferparticularly the last

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v\l M til 1I Ilf M III III III III I III 1 H III II) III 1111 III 11111111)11111 HU I The Season of Ice Cream ^^»Lemonade and Milk Shake m I* at hand and we are now better prepared than ever to serve these delicacies. Parties. Weddings and Picnics supplied. We also keep Oranges, Lemons, Banannas, Apples Candies, Cigars, Tobacco, Groceries and Canned Goods. Call and see us when in the city. Lunch at all boura. MU. LI I ESN- THE “b'aVry I iif it 111 m i m i n n immnimmmmi m 1111 n 11 m 111 m 111^

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FRED SMITH Dealer in all kinds of , * = . FUENITUEE,

Funeral Supplies A Specialty. We keep on band at all times the finest line of Parlor and Household Furniture to be found in the city. Bedroom and Parlor Suita a Specialty. In funeral supplies we keep Caskets, Shrouds. etc., of the best make.

THE Short line TO INDIANAPOLIS CINCINNATI, - PITTSBURGH, WASHINGTON, BALTIMORE, NEW YORE, BOSTON, A~SD ALL POINTS EAST.

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A Railroad Man Gored. J., Mr. Tom E. Kline, an engineer, forty years of age, residing at 640 East Ohio street, Indianapolis, Ind., who has ran an engine for two years on the Wabash road, and thirteen years on the Monon road, mnch of that time having been the engineer on the fast newspaper train has, for the past ten years, suffered from in* digestion in its worst form. He had a continual heavy feeling in his stomach, so that he had to lie in bed to ease his pain. This indigestion caused chronic diarrhoea and sleeplessness. He had to be very careful as to his diet, and could only eat as simple a food as potatoes sparingly. He took four boxes ofLYON’S SEVEN WONDERS, and now he can eat anything. His digestion is perfect; he can sleep well, and he gives it as his opinion that the medicine does every thing that is claimed for it. He heartily recommends it to all persons suffering from indigestion or any stomach disorder.

The New Tariff Price Svilts ^Cad.e to IL*£eas\zie: * "7. » r $1©, IS, S20, S22 and TTp. Faonta IvCstcLe to ©icier: $4,5,9®, 7. $8 and Tip. Burgers’, Merchant Tailors ' *..■■77 \ . < -:T