Rensselaer Republican, Volume 27, Number 45, Rensselaer, Jasper County, 11 July 1895 — The “Tariff Reform” Boom. [ARTICLE]

The “Tariff Reform” Boom.

He who talks of a conspiracy of banks aud corporations -against the people, talks the sheerest nonsense. It is but the fool’s mumbling.—Hon. S. L. Miliken, Maine. Democratic policy every time it has been tried Las brought mildew and blight, hunger and want and universal disaster, shame and misery.—Hon. A. A. Taylor, Tenn. The wages paid in manufacturing districts in England from wnich we import quantities of knit underwear will average not more than $165 to $175 a year, while the average wages in the same industry in this country are from S4OO to $450 a year.—Senator Quay.

Exports of corn fell off by 3,600,000 bushels in March, 1895, as compared with March, 1894; of wheat by 100,000 bushels and of flour by 1,800,000 barrels. That is how the farmers are letting themselves out into the markets of the world and the barrel factories are letting themselves out of work. The treasury deficit for the fiscal year just closed will be found by the debt statement to be approximately $43,250,000. This, added to last year’s deficit of nearly $70,000,000, makes the excess of expenditures over receipts since June 30, 1893, about $113,250,000. The total receipts of the government this fiscal year, exclusive of postal revenues, amount to nearly $313,000,000, and the expenditures to $356,250,000, of which pensions took $141,391,629. Last year the aggregate receipts, exclusive of postal revenues, were $297,722,019, and the expenditures $367,525,279. The receipts this year therefore were $15,278,000 greater than last, ann the expenditures about sll,275,000 less. The postal service deficit is about $11,000,000, which is considerably in excess of that of any recent year.

“He is one of the incredible incidents in the political history of the country,” remark’s ExSenator Ingalls, of Kansas, in giving a characteristic estimate of Grover Cleveland. “I don’t know what else he has succeeded in, but he has succeeded gloriously in destroying his own party. He has reached the loftiest positions with less ability than any man whom history records. He hasn’t the slightest constructive capacity. When he went into office his ignorance of every public question was dense, profound. But he went at them with all the confidence of ignorance. He has followed out his tariff scheme until he has a deficiency to meet. Our imports are increasing and revenue diminishing. Now he is trying to bewilder the country with what he calls the sound money idea, and his idea of sound money seems to be to supply deficiencies in the treasury by selling bonds to foreign syndicates at 104, which are now quoted at 123.”

Wages, in some instances, are higher than they were in 1894. Bat they are far below the wages of 1891 and 1892. All over the country there have been strikes for the purpose of securing even the wages of 1893. The volume of business has increased over that of 1894, but it is only 80 per cent, of that of three years ago. Balinese failures in the last few weeks have been over 600, against less than 500 in the corresponding period of 1892, and this, too, in spite of the fact that the weaker

firms went under long ago. Exports have decreased, although the markets of the world are open to us. We have been selling bonds instead of redeeming them, aa we drd under aProtectiva. Tariff. So much for the business boom which has come through Tariff Reform—the boom which has come through Tariff Reform, but which, strange to say, did not reach us until the party of Protection had again been swept into power and had been placed in control of the legislative branch of the Government,

The Pilot has r paragrah in regard to the Odd Fellows’ -building now in process of erection, which, together with the uncalled for closing remark that “many of the Odd Fellows will be wiser when the building is completed than they were before” is calculated to convey to people the idea that the building being erected in a defective manner . Such, however, is not the case. The mistakes which have occured are such as are liable~to occur in any-building enterprise; and they have caus3d no damage to the building, nor are they likely to even delay it beyond the time when the contract requires its completion. As to the bricks in the walls; the first kiln from Kohler’s yard were as fine brick as were ever made in the town, and they make a splendid, and well laid wall .' Of the second kiln from the same yard, they were brought in fresh and even warm from the fuming and many were laid in the walls, when the fact was developed that the clay in the brick contained so much limestone that the lime in them made them worthless. Every one of these second kiln bricks that were laid in the walls, have been taken out, and replaced with sound bricks from Lafayette, and no harm whatever has been done to the building oh account of them. The trouble with the stone arch resulted from a mistake of the stone cutter in not following specifications, in regard only to two stones. New stones have been furnished by the stone cutter, and no harm has resulted to the building from that source either The last on the Pilot’s list of mistakes or changes, or whatever they were, is that the supports under the lower joists are not according to specifications. This is indeed true; but the fact is that Contractor Fatout thought these supports ought to be stronger than the architect’s specifications called for, and at his own expense, with the architect’s endorsement, he made them of 2 by 8 lumber instead of 2 by 6 as called for in the specifications. This change is a benefit to the building instead of an injury. The truth is, the Odd Fellows of Rensselaer are erecting here a beautiful and sudstantial building—one that will be a credit to the town and county, for many years, and in this work they deserve the encouragement of the public press Tather than its discouragement and disparagement.

Money to loan on Real Estate in sums of SSOO to SIO,OOO. Call on or address J. M. Winkley, Monon, Ind. Office up stairs m Blakley block. J. M. Winkley, Monon, Ind. Anyone contemplating buying a wheel should call on W.E. Overton at the implement store and learn prices. Seed Buckwheat, at Saylers A Collins’ Mill, for 85 cents per bushel. June is the month to sow it. See those baby bonnets at Mrs. Lecklider’s, The Emporium, going at actual cost The most complete line of Ladies percale and silk waists. Chicago Bargain Stork. B. F. Ferguson will furnish you a list of the lands he has for sale on application. Austin, Hollingsworth A Co. have purchased the only complete set of Abstract Books in Jasper County. They prepared no make abstracts on short notice and on reasonable terms. Call on them for prices. Acme harvesting goods, the finest haying tools on earth, sold by Robt. Randle.