Rensselaer Semi-Weekly Republican, Volume 20, Number 78, Rensselaer, Jasper County, 2 June 1899 — JUSTIFIABLE HOMICIDE. [ARTICLE+ILLUSTRATION]

JUSTIFIABLE HOMICIDE.

To Bnlld or Not to Build. Henry Watterson, since his idea, of running Admiral Dewey foe President on the Democratic ticket has proved to be of “the stuff that dreams are made of,” has apparently lost all hope of carrying the country for that party in the ; immediate future, or else he expects that party not to adhere to Its old-tim* policy of free-trade. At least such would seem to be the case. If we are to credit Mr. Watterson with any reason-1 ing faculties whatsoever. He has of late been advising men of money to build new mills. The whole course ot events, both past and present, has proved that one of the surest ways to ; sink good money where It will bring la j no profitable returns is to Invest It in | mills during the time when free trade ' is the prevailing policy of the conn- a try. Closed mills do not mean profits, and closed mills are approximately the only f kind of mills we have under free - trade. If Mr. Watterson Is sincere In j his advice to men of money that they | build new mills It must be that he Is J convinced, as well he may be, that the V policy of open mills, which is synon- , J ymous with the policy of protection, is to be continued. Protection Times. The failures In April, 1899, accord-1 ing to Dun’s Review, were the smallest ■ In any month since records by months 1 began, 38 per cent, smaller than in | April of last year, not a third of the | amount in 1897, and not half the j amount In April of any previous year. Both in manufacturing and In trading they were the smallest ever known in | that month, and in trading the smallest ever known in any month, as in I manufacturing they were if the larger J failures were omitted. The ratio of de- | faulted liabilities to solvent payments 1 through clearing houses was less than 1 70 cents per SI,OOO, against 90 cents In < January and $1.19 in March, $7.89 in 1 August, and $8.02 in September, 1896. J A great share of the risk in the busl□ess world has been eliminated. Truly | these are good protection times. Industrial Inquiry pards. The American Protective Tariff f League is sending out inquiry cards to | the employers of labor throughout the | United States, asking for Information I as to the number of hands employed 1 and the amount of wages paid during | the month of March, 1899, and also the | figures for the month of March, 1895. i In this way, Itlsthought, a clear aqd | unmistakable showing Say >f the great advance In material pros- 4 oerity that has taken place in the last | two years. In order that this invest!- :: jation may be made as thorough and far-reaching as possible, the Tariff League will take pleasure In mailing-1 these Inquiry cards to all who may ap-1 ply. A summary of these Industrial re- .| turns will be published in the Amerlcan Economist. Should Never Be Forgotten. The Democratic theory is never correct In practice, and the disastrous ad-1 ministration of Cleveland from 1893 toI 1897 will never be forgotten. It was;| then that the Democratic party, for the | first time since the close of the civil | war, had full control of the Govern-J ment; and everybody knows what a | mess it made of business. The United 1 States is just now progressing molt 3 favorably, and there Is no reason why | we should not etill further increase our | export trade. The business men are j reaching out for foreign trade, and 1 they are getting It.—Wilmington (DeL)l Negra. Will Need the Doctor. The balance of trade In favor of tbe|| United States is, at the present timedl fifty-four million dollars a month. Un-1 der the Wilson bill and the Cleveland® administration it was less than sevenl millions a month. A little argument of I this kind will make a Democrat sick | enough to call in the family physictanu-l —Lawrence (Kan.) Journal. j | - , 7 ,’ • s-.afl J * Rise and Fall. 1 The spirit of the free-trader falls in 1 proportion to the rise of wages in the I cotton mills, woolen factories, toun-1 dries and other manufactories. Thtoj is a cold day for the antl-protectl<miS| —Trenton (N. J.) Gazette. I Worth Keeping. UgHl These are times worth keeping, en-:l pedally if it can be done by the merel formality of keeping Republican na-1 tional policies tn full force and effect,® —San Francisco Chronicle. fl In 1900. | The Republican party in 1900 wlUbi® more of a unit than for many yegnß past. This has been made possible byfl the excellent administration ot puhraM affairs given the country by PresltomH McKinley .-Williamsport (Ind.) Repub® Ucan. Edward Atkinson of Boston woubjj be a good man for the Democrats j run for President In 180ft.—Ohio Stott®' |Journal