People's Pilot, Volume 3, Number 42, Rensselaer, Jasper County, 6 April 1894 — OUR BUSINESS REVIEW. [ARTICLE]

OUR BUSINESS REVIEW.

This week wo pre en! to our readers an ex ter. tie .1 .r< wiow of liens,sebum s ?>t:•»!;#•- hberests. At the sum- ,; ; w e.sae an extra- editlie , ! ' r may be ei.’w ui..L ,, v- ■ ■ an;. ■; extent titan ever belor- . This • >aoer should be illevi av.v.-. ior laturi rule re nee. Li as u nane; well worth saving. No try m keep the paper'a worst v. ;,i tin> ! sines and ure tu ‘ways 'ookiug for features tlioi Ihe ];>]:;• may be proud of. “If Iff \V : !se>r bi’i be I'Neeted by cony; -s and i tl.e present free-trade tencuufif majority be* turned into a |-rot-wri.v«. i;u3ority bv. si lie• -> \y j. 1 rev •ve a t once. ’’ — Rons.-ela r, R< publican. All of which has actually ecme to pass and , ■ . i - mi- - - has not revived. The Wilson. bill is supplant-;'-.,:1 by ;-;e senate twin bill widen bid a purely protective measure. There m i.o fear or hope of anything like free trade in tins <• > mirv \v hi loth© leaders of the two old pari es are < -'gmi par tilers in all tne * i'.ait monopolies and trusts high tar.:, t-.: id i Uj>. ;S , t till; tear oi free trade that iservatRg panics in other laud:,: It; .no whom oi western and southern iiknvipe, tunes are harder Ihan t: oy ;me here, there the psnsnni is clamoring for higiici ciuties on rooii, and the common laborer is asking for cheaper bread. In Italy labor is only kept from open revolt by force oi arms, raid in Spain the unemployed back their demands by the dynamite bomb. High tariff countries and low tariff countries are suffering alike in this universal panic and every man of intelligence knows it. Teller, Republican senator from Colorado, in a recent speech in the U. S. Senate, said: ‘-The passage of the Wilson bill will be as powerless for good as the passage of the bill repealing the Sherman act. The retention of the McKinley law upon your statute books, its reinforcement ii. full force, will be as power-

less to bring prosperity to t'La country a> v aa the act repealing the Sherman law. Away back of the Wilson bill, and away back of the Sherman law there were agencies at work that have put the world in the condition which has brought so much distress and so much disaster not to us alone but to all mankind. Mr. President, there will be no prosperity in this country until we reform our financial system. There will be no prosperity in the world until the world reforms its financial system.”