Rensselaer Republican, Volume 23, Number 19, Rensselaer, Jasper County, 8 January 1891 — The Free-Trader Has Nothing to Say. [ARTICLE]

The Free-Trader Has Nothing to Say.

system of loaning government funds on real estate was adopted is illustrated in a striking manner by a single transaction related from Wx ii . n>. A small tract t»f land whiLlx sold for $24,000 when the wild-cat frnaocieriftgbegan was held at $300,000 before the recent panic, and the Argentine government had actually loaned $350,000 upon it. In allrespeels the government of the Argentine was what the southern wing of the Alliance demand, in the the direction of paternalism. It' loaned its funds foils citizens on land and personal effccts of every sort. Its national pawnshop made it possible for every man .who owned anything to deposit it aud procure a h an of public moncys.. Ann, like- what is~ demandedr iff tills eenmtry' it made loans to nearly the full .- o-c;dled market vTttue of rs si : ; : personal ])roj)erty and thus in- times “of ~ booms' aud tinaiu.-ial crazes, .the amount loiaitnl was far in - excess ■of the Teitl permanent value of the., property. with the inevitable result t:::it- t i.e collapse came^.rU brings witit it tnrivi'rsal and crushing tlisaster, to government and people,

Indianapolis -Journal: Yesterday whih‘ the El wood excursionists were passing through tlicdia-momlpTaTe-glass works, at Kokomo, a njcndVer of the 'party asked the projii H tor the present price of plate-glass. “AYc are selling all sizes at a fraction over 59 cents per square foot,” was the reply. To a question; what the former price was, lie said seven years ago, the same glass sold at 82.70 per square foot. The present duty on the foreign article is from 45 to 60 cents per square foot, according to size, so the glass is actually selling for less than the duty. A well-known free-trade writer, of tliis city, happened to be standing by when this fact was brought out, and a friend, nudging him, remarked, “And still the tariff is a tax.” The free-trader had nothing to say.