Image provided by: Morrow County Museum; Heppner, OR
About Heppner gazette. (Heppner, Morrow County, Or.) 1892-1912 | View Entire Issue (July 20, 1897)
SUPPLEMENT TO The Heppner Gazette Edited by tb McKIMEY AND HOBAKT CLUB, HEPFKKR, OREGON. BUSINESS IMPROVING. FRESH EVIDENCE FROM EVERY PART OF THE COUNTRY. Democratic and Republican Journal Vie with Each Other in Aaaurancea of Returning Bnalneaa Prosperity Beporta from All Direction. History May Repeat. Twenty years ago, in 1877, the country was enshrouded in the gloom of a busi ness depression, consequent upon the pan ic of 1873. There were plenty of prophets who predicted that the times would never get any better, and the mass of the peo ple were discouraged and about ready to concede that the prophets of evil were right. But in the fall of 1877 signs of improve ment began to appear. The general the ory was that a more hopeful feeling was induced by the approach of the date for the resumption act to go into effect. There was no doubt something in this theory; nevertheless plenty of "states men" were found who asserted that re sumption would be a failure, and that business would be injured rather than helped by the attempt to resume. But in spite of all the talk, the times continued to improve steadily. They were much better iu 1878, and in 1879 the rising tide assumed the proportion of omething like a boom. Some of our Min neapolis people who carried real estate through the period of depression, and nearly broke their backs doing so. will remember that by 1880 it was salable at advanced and advancing figures. In the next few years the prices of realty here and elsewhere In the country reached the highest prices ever known before or ince. The history of this country appears to ahow that panics and recoveries run In about twenty-year periods. There was the pnnic of 1873, followed by five years of depression: the beginning of recovery in 1877; the full tide of recovery in 1870, followed by a period of prosperity lasting until 18!)2. Then came the panic of 18!)3, followed by the period of depression which we are now experiencing. To -aome there are as yet no signs of Improve ment discernible, while to others there is already a faint glimmer of dawn. Many are looking forward to the passage of the tariff bill o the starting point of a new period of prosperity. But whether from that or some other cause or causes, it is quite probable that history will repeat It self, and thnt in the fall of the present year, or the beginning of 1HU8, we shnll witness a notable improvement, followed by perhaps ten or a dozen years of great prosperity. The cycle is nearly completed. We have experienced nearly five yours of de pression since the election of Cleveland In 18011. It is about time for a change in the natural order of things. Exchange. From High Authority. The statement of failures In Mav bv branches of business gives much encour agement. In amount of defaulted liabili ties the month wns the smallest since Reptemlier, 1SKB. In manufacturing lia bilities the smallest since November, IN! 15, and In trading llubllities the smallest since September (excepting the last month) 1MM. Failures of general stores have not been as small In any month as in May, 1807; In only two months out of thirty-six have there been smaller failures in books and hats; only five in groceries; and not one trading class In that month tias reported failures larger than the half during preceding months, though in furniture failures are rather numerous. In clothing manufacture the month was the smallest except four out of thirty-six, except fits In chemicals, six In woolen goods, seven In machinery, lumber and miscellaneous manufactures, and exceed ed the average only in Iron eud cotton goods and earthenware, owing to a few failures of exceptional six. Nobody can mistake the meaning of such returns, The statement that, except for the tem porary depression in prices, the volume of business transacted Is sow larger than it was In ISiC-th year of greatest pros perity has been questioned by some. Hut comparison of prices this week la the leading branches of manufacture not only confirms that view, but shows a remarkable similarity tn the course of prices In the earlier months of IHiO, when the tun! wonderful advance In Jir.nl ml Inn and prices ever known In this or any other couutry was close at band. Dun's lUiiew. THatlna-nlsheil Hiislnes Men apeak. The New York Mail ami repress !! week published interviews with three men prominent In lmsiiie and finance just as they were six. nt to sail for I'.uropc, with the following result: George J. Gould asid: "I'.veri tliitiit is on the tip grade and, so tar as I tan see, the signals are set for a clear trait ahead. The improv Hunt, whether II r In Wall street or 'a. here, i. rum ng slow'y, It I true, but It la better toil It should move along slowly, IWaus It will be more lasting and salis fsetory to all ronrcntrd." Andrew Car. nrgie said: "I believe hnaltii-sa In this country 1 actually Iwg iiniltig to perma nently Improve. The outlook U excellent and i eipeii to see vrry busy limes when I return. Chattnry XI. Depew ssl.l "What shall I lell thrm I foreigners! of the outlook? Well, I shall tell them thai It serin a lo me we have crossed the Ituhicon thai ahead of us How are g. times tusiurs activity, general pr.rity." stifle U the I loads. Wrelary Gag, w ho recently talked Slth the liHinl.ers ef he I 'ommrrcial fluba la emn at ( incinnaii, all f to. ill were represent Stives of It.r grrat bnesnna lntrrs f ll.tn, I'd., if ,, Onctni.stl and HI. Iii. nnle th reas suring statement in Washlugint (hat Wwy reported a better ! ! fveling than bad been noted for Some lime. Which (hi f regarded aa a forerunner of a permanent tmpruvriucttt. Il Is wurlhr of note that tbrl reflect the Co'ltnioa judgment of bnal ba firms boa trams, ti.ma are so w el. trvsd that tbey are fairly sroiptomatic mt the pulse of genera) trade. Nor on a view ef (he whole fiVd la tl asreseeaable to tUak Oat Uiere may be t Lfuag ub of tile cloud even In advance of the "proper legislation" which the Secretary looks for. The passage of the pending tariff bill, whatever may be its conditions, will give the country a truce on that head; the promise of the grain fields is most cheering; and though the currency ques tion awaits solution, it is far less com plicated with the menace of free silver than it was six months ago. Philadelphia Record (Dem.). Views of a Veteran. Among those who have spoken in this vein is Russell Sage, a veteran financier, who is cautious in statement and not prone to rush into print for the exploita tion of his views on current matters. "I think," he said, "that we are going to have steady progress toward far better times. I do not look for any boom, but a gradual improvement from now on. The railroads are getting more traffic, and they are working more harmoniously. The settlement of the tariff question will be a great 'elief to the business community. After the rates of duty have been agreed upon and a bill passed we can settle down with the assurance that we shall not be again disturbed by tariff measures for at least twenty-four years. The properties in which I am interested are doing well. Yes, I think there is every reason to be lieve that we have long ago passed the turning point. This sentiment is widespread, and though there may be some unscrupulous politicians who would block tariff legisla tion until after the fall election in the hope that thereby the opponents of the Republican party would be able to gain some political capital and advantage, it is possible that better counsels will prevail and the bill will be passed sooner than was expected. Albany- Journal. Moat Encouraging for Years. In a broad way last week was one of the most encouraging in business circles that this country has experienced for sev eral years. The general outburst of con fidence in financial circles was reflected In the course of the stock markets, which were bullish from start to finish, The reassuring utterances of the President and the leading members of his cabinet produced a very favorable Impression: but beyond that it was seen that a number of encouraging factors were in evidence. It was perceived that the price of iron had gone up; that railroad earnings were increasing: that money was in ample sup ply for all legitimate purposes; that the gold exports had dwindled to a mere noth ing and that the prospects of a speedy en-, actment of the tariff bill were daily grow ing brighter. This induced a buoyant tone In the prices of all. Minneapolis Tribune (Rep.). Oool Prophet in the Northwest. In Minnesota and other States of the North west the spring opens with the promise of abundant crops, especially of our leading staple, wheat. And In spite of the low prices now prevailing there Is every ground, as shown elsewhere, for believing that our farmers will realize fairly good prices for their crops. This will almost certainly stimulate the ac tivity of trade and industry in the rities, so that by next fall, with the aid of the new tarilT. it is pretty safe to anticipate a restoration of wholesome business con ditions. Minnesota, therefore. Is in full sympathy wilh the cheerful prognosti cations of Mr. Gage. St. Paul Pioneer Press. Freed from the Flouh of Pes pond. Occurring separately, the Increase in loans and the decrease In failures would be encouraging, but coming coincidental- ly. as they do now, they tell a story at which the country should felicitate Itself. The expunsinn in the one shows that busi- n ess Is on the Increase, while the con traction In the other proves that business Is carried on under better conditions than prevailed recently. This is a state of things which justifies financial confidence and cheerfulness. The country is not yet entirely out of its slough of business de tond. but It has advanced so far in that direction that its complete extrication can- not be long delayed. St. Iuis Globe- IH-uiocrat, The ramnnlm of Ctlamitv, To read the dully waitings nf the organs of free s'lver and free trade will con vince sny fair minded person that those noiity journals have started In to fight the calamity campaign of l',Ml all over again. I They are preaching the old pernicious dog- mas of discontent, disorder and disaster with all the reekleaa rhetoric of the dem agogue and the anarchlat. Proteasing friendship for the canee of labor, they are wickedly atriving in arouae Ihe working- mail against his employer; pretending to fsvor the restoration of priwperity, they are ilelilx rately trying to stifle the grow ing spirit of contiitence In buaineaa en tcrpriae; and, while oati-ntatinualy mourn lug over the depression of industry, their whole Itiflurui-e la being exerted to make It permanent and In. !!., 8uch are the real piirpoaet of the new rsmpalgn of calamity. la furtherance of them Its organa puhhah dsily rot u inn a of dispatches to show that trade and In duatry are steadily going from bad to worse, and that the condition of lalnir Is becoming more and more deaiwrste, To these propheta of etil the report that a factory hsa cImmm Ma doors, that a fur nace has banked Its fires, or that a null baa curtailed lla working force la a n.ea tage of Joy. A story of buainess failure or abandoned enterprise la a delighi ia:ee oi uncneas sua situ are nsi.ee with s'aj a.. la in. and every line that tells of para'jsia in trade. In in rapi tal and enrmuga or deapair among those who toil la eagerly welcomed and osten tatiously itit'ai.-d as a fultmuient of gloomy prophecies, Hack of this eager quest for evil tid ings Is a stcslthfiil purKia0 n provoke antagoniaiiia bcteren labor and capital, and thus undermine the foundation of Ihe rising structure of business pr prriiy, Gisl times mesa deals la the agitation for free trs.le and free silver. The calamity organs know II, and this knole.lge Is the inspirsttoa of their deperfe altemitf to postpone the day of returning ruon.lc and prosperous business. The intelligent utaaaws of America wage earners f u.lt understand the ami sin. Their ronditioB is far fr,.iu what .1 'irtigtit la b III employ ment and pay, but on the other band M-ls mitf ,-.. distressing thin the mouthy ..rn.lis of chaos would have It appear. The rondurl of the arret body of workittgmra under the bar.l eond;tiona whit a now prevail has hern admirable In lie patience, bop. fulness and e-.t restraint. The annum of !aiif . titles and rhsrlitans lo Incite J ...r.l. r sod strife la the rat ks of labor m ,:! .... lis aharnMt tathuka from IL. iri vri tbctuiaKve, OUR TARIFF HISTORY. NO PRESIDENT SO PROMPT AS M'KINLEY. His Tariff Law Will Be on the Statute Books Earlier than That of Any President Since Washington-Facts Which Fhould Silence Croakers. Good Progress Made. Special Washington correspondence: People who are complaining of what they assume to be the slow progress of the tariff bill will probably be surprised to know that no administration since that of Washington ever placed upon the stat ute books a tariff measure within as brief a period of its inauguration as will that of President McKinley. There is every reason to suppose that the tariff bill will go upon the statute books before the end of July, probably much sooner than that. If this shall happen, President McKinley ,ni v..,. i ' lu. . .tt.eh his X7,,,7 . ..iff rnsnreear- signature to a general tanli measure ear- ii-. i .1.- ui.r. c i,;. .,im:n;Qtr0firm George than has any President since Washington signed the first tariff act on July 4, 1789. This remarkable record which is likely to be made with reference to the present tariff bill is made more remarkable by two facts: First, that every year's devel and manufac- opraent of our commerce opraent oi our commerce auu uianmau - -,,. . n. ii nt dim. tures adds to the complications and aim- culties In framing a tariff measure, and re, second, the fact that the party in contro ctf rno aifminiotrahnn unntrrul OiTllV One I branch of Congress. It has seldom hap- pened In the history of the country that a general tariff measure has been placed upon the statute books when Congress and the administration were not controll ed in all their branches by a single party, and that it should be possible to pass a tariff measure so immediately following such a. hotly contested campaign as that of six months ago with one branch of Congress controlled by those who were pitted against the Republican party in that contest, is the more remarkable. In deed, a study of the history of the tariff legislation in the United States would not have warranted a year ago tbe pre diction that a protective tariff till could have passed a Congress which was not controlled in both Its branches by the Re publican party. It may be of interest, both by way of presentation of some tariff history and also of satisfying those who are inclined to criticise what they assume to be the slow progress of the work upon the tariff bill, to run briefly over the history of the tariff legislation of the country from the beginning down as connected with the various administrations. The first tariff act placed upon the stat ute books was signed by George Wash ington, July 4, 1789. Not only was it the first tariff act under the constitution, but the first protective tariff measure, in dicating in its preamble that "it is neces sary for the supjiort of government, for the discharge of the debts of the United Slates and the encouragement and pro tection of manufactures that duties be laid on goods, wares, merchandise Import ed," etc. The consideration of this act occupied but about two months' time, as ashington was not inaugurated until April 30, and the work upon the tariff bill did not begin, of course, nntil after that time. This tariff act was of course very brief, the space occupied being prob ably less than one-twenrieth of the bill now under consideration. Several other tariff measures were aibrnted durinr ashington s administration, most of them lieing an Increase ion the rait named by the first measure. John Adams, who became President March 4, 17l7, did not sign the tariff bill enacted under his administration, which Increased the rates of duty on sugar, mo lasses, wines, etc., until May 13. 1SIK), over three yenrs after his inauguration Jefferson, who was Inaugurated March l.HOl. did not attach his signa'ture to a general tariff bill until March "II. 18H. the bill passed at that lime having for its otiject an Increase in the revenues (o sup ply rutin tor the war with the Harbary isiwers. This act Increased the ad va lorem ratea. and on the following day. a similar ai-t Increasing the specific rates was signed, both of them being more than three years after Jtffersou's inaugura tion. Madiaon waa Inaugurated March 4 lsim. and the first Imtxirlant tariff. I. Increase duties lOO per rent on account of the nsr with Great Britain, was signed July 1. 1M. mure than three years after his Inauguration, lie also signed a gen eral tariff act April 1!7. 110. three years aiier ma seeomi inauguration. .iinnro was inaugurated .March 4. lli, and signed hia first and only general tariff act May 1SJ1, niore than seven years after his first inauguration. J.ihn Otiiney Adnma waa Inanmrated March 4. lv.'.". and signed general tariff act May IHL'H. more than three years iter nia inauguration. Jackson was Insiigurated March 4, 1CH, and signed bis first general tariff ad July 14, I.H.TJ, more than three years arter bla Inauguration, while the Clay compromise reduction act was aigned Mann lNUi. Van Keren's presidential term, which began Mured 4. IM7. was no marked by the enactment 0( any important tariff legislation. William Henry Harrison, who waa In augurated March 4. 111. Issued on Man n 1 1 a ca.i r..r a special ,. of . ... . i .. . . , . I . .nir. , hrg,a ., S. Indicating by Ihe proclsmallo., that the anbjecla to be consider! ere the financial dtftii oltle of the i,.,ternin. nt. The tariff act finslljr passed by the Congress which that proc lamation tailed Into special arss-ion did not become a law until August 1M2, r fifteen months after the date named for the iM-glnmng of the e-iaj session, Polk's term of service began March 4. IM. and the "Walker larfT." whi.-b waa the ape. i a 1 tariff feature of h lerm, did Hot become a law unlit July .til, lil ail teen ni.sith after bis Inauguration as President. The Tailor administration, ahl.-a began March 5, I !!. did not wittt , tm. nirnl of a r.t general laf.lt legislation, ow ing to Ihe fact that Ihe lirmoersta ron. leoi.ed Ihe I loose of Representative dur ing ihe first two years nf the term and .o-h hvas.e of degress la the second half of the I. no. Puree, who aa insng urie, Marcs 4 tvMi, e;wil on Mar.h .1. IV7. the lasl dai of h a term s I resident, the en'y grtirrsl tariff nirssnre rnarinl darmg bi .,.ir tears iu Ihe W ki. II use. liin hasan. dur i.g b a four yr, wkiili bras ,Mrn 4. I V.7. a gtted senses! I lr.,1 Irtf .', a I ... a oi.i ! Mar. k 1 l.l l ( JuM ( fc.. ttr. . 11 act, signed two day before hit retirement, was the "Morrill" tariff act, a thoroughly protective measure, whose passage was made possible at that time because of the fact that a large number of the Southern Democratic members of the Thirty-sixth Congress had withdrawn, leaving Con gress in the control of the Republican party, which thus placed a tariff act upon the statute books two days before the in auguration of Lincoln. President Lincoln., who was inaugurat ed March 4, 1861, signed his first general tariff act on Aug. 5 of that year, and this was followed by the passage in July, 1802. and June 3. 18154, of other tariff measures, to which his signature was attached. Grant, who became President March 4. 1800, signed on July 14, 1870, his first general act relating to revenues, by which the internal revenue taxes were reduced, this being followed by another reduction on June 6, 1S72. President Hayes, who was Inaugurated March 4, 1877, signed no general tariff legislation, the House being Democratic in the first Congress under his administra tion and both branches Democratic in """""" C ? ".nc(nes the ,atter fca'f of his term. Garfield-Arthur administration ... , hlch esan March 4. 1881. did not wit ness the enactment of any general tariff legislation until March 3. 1S83, two full years after the inauguration. Cleveland s first term was not marked by the completion of any general tariff legislation, the Mills bill, which passed the Democratic House in 1888, failing in th. ?enate- which was so closely divided lj.j-.ii- ,. -. . . ... Poetically that it was found impossible rhpnu ,t . .,, ..fl.. tA fua j,:!..i. ... ...r..!...." Q' - the - .... ' - rejected by the House, where the Demo cratic divisions on the tariff question, now so strongly marked, was then beginning to make itself apparent. Benjamin Harrison's term began March 4, 1889, and the first ireneral tsril set passed nnder his administration was sign ed Oct. 1, 1890, eighteen months after his inauguration. Cleveland's second term, which besran March 4, 1893, with his own party in con trol in both branches of Congress, did not witness the completion of its tariff meas ure until Aug. 28, 1894. nearly eighteen months after he took the oath of office. A study of the above history of the tar iff from the beginning of the Government down to the present time will indicate to those who have been inclined to criticise what they assume to be the slow action of Congress that instead of its action being unusually tardy, it has been unusually prompt, and especially so in view of the fact that the party in control of the ad ministration controls only one branch of Congress, a condition under which it has seldom been possible to pass a tariff meas ure, even In a much greater length of time than has been or is likely to be occupied In the present instance. GEORGE MELVILLE. Political Pith. President Cleveland pulled down the American flag in Hawaii; President Mc Kinley pulled it up again. One-third of the Southern vote in the present Congress has been cast for pro tection. Every day's consideration of the Senate schedules of the tariff bill brings them more In harmony with those of the House bill, and it Is probable that the bill, when It goes Into conference, will differ but lit tle from that which passed the House. The shades of the lute Samuel .1. Ran dall are row being invoked by the Democ racy of that section which fought him most bitterly during the closing period of his useful career. With one member of the Democratic team pulling in the direction of frpe trmle, another towards protection, still a third in favor of free silver, and a fourth head ed resolutely toward the gold standard, the JetTeraotiian-Jacksonian band wagon Is not making much progress. The recent "silver Republican" confer ence Is aid to have had aa its real object a plan to unload Mr. Bryan as the leader of the silver cause. Mr. Bryan has too many "Urns" and is to erratic to suit the men who are putting up the money iu be half of the silver cause. No subject is being more carefully con sidered hy President McKinley now than the Cuban question. It has been th ranae of much anxious thought by him from Ihe beginning and there is good rea son to believe that his plans are well de veloped and will Ve recognized aa wide and satisfactory when they become know n. The trade reviews and the dally papers of the country unite in the assertion that business la brightening In all parta of the United States. More men are nnptoved ill vnttini ii ! das n,,I.M I. ln,.n.B.i and the amount of work done la steadily" irsinin-. With Ihe final seiioi. nn tl.. i.e. Iff bill, which may be expected during the present month, an Inrrea.ed improvement I confidently expected. People who are aurprtaed that the Re publicans In the Senate are not answering In detail Ihe attacks made by the Demo- reals npon the pending tariff bill ned not snppos lhat Is becsnse of lack of argu ment or facts upon whirls to base them. Their silence is atmpty because of their unwillingness to consume a moment f time more than Is absolutely necessary In getting the bill before the Henat. Can't It rtMiletl rivrry Tint. some people ran oe tooted once or twice, but ery few more than that, Mr. Brjan In n.s pehe last fall asserted Ibai the forty-two million dollars neces sary lo keep par with the growth of pop. -i-.t... 1. . I. l.i.l .!,.. . v I no", .-.sirs coil, a no! oe Uui-ed nr the suspension of frr L,ln.. f .ree. and ,e.l ..,... Sherman In anprt nf Ins ihrorv that this amount waa tieorsaary to lie a. Med to ihe currency of the country each year. II. was undoubtedly r.ghi In his quotation of Senator Sherman, bin both Inaccurate and mislead, rf In assuming thai this amount of currency rsnnot be and Is not a.t.Wd I i the circulating medium of the country by mestts ef its present fsciiliirs, Th eiMiisge of the minis of the country hi th year which end with lb present m..irh i will b, In round eti.nbers. one hmnlrcj million sWisr, tare fourths of It go d. while thai of the calendar year VI waa ninety nine Bullion doliara, A!d t ih-s Ihe fart that the money In e-r h'ii . lodsy is ll.lHtsat.iiai more than il was a year at i and ft will I seen list Mr. Brian's MSIrmrOta in Ih.a, aa well as In many other Ikinga. , l say the less, ni's'es.! t.g. Popwltsl V awl n I'Mstnn, Populist leader r silnstftg aicnsi a I eiMinsnc tf tit fusion f last (a. I U ten tur psnr and lu ! m tt: I Th aa.eris a attitude f the Ihm-t, ral.c I uartf a the ! great auesti,,ns, pi.,1 I tMt sd.I siiier. la Ik. rause of ik.a ua baaa t rw!!if tS sakwl a.'-iatc of last year. The fact that large numbers of Democrats In every State where cam paigns are to take place this fall are re fusing to support the free coinage of sil ver, and that many members of that par ty in Congress and elsewhere are aban doning free trade and supporting high protection, has rendered a further alli ance of the two Darties imDrobable. Mr. T. B. Rankin, a prominent member of the Populist party in Ohio, in a recent in- terview, said: "The object of the or ganization of the Populist party was to secure needed reforms, not to stab the Democratic or Republican parties. I was opposed to fusion last year, and am still more opposed to it now." Some Free Silver Outcasts. Some individuals, who bolted the Re publican party last year and voted for Bryan, held a meeting in this city and organized what they call "The Silver Re publican Party of the United States." For some reason they do not care to join the Populists or the free silver Demo crats. Tbey seem to think they will have a better chance of picking up offices if they have a distinct organization. These bolters cannot be prevented from forming a new party, but in doing so they ought to state clearly to the public what its principles are and what reason there are now snouting sugar trust with refer Is for its existence. That has not been enCe to the pending tariff bill are the done. Ex-Congressman Towne declares ones under whose guidnnee the "rjer- that "This is a movement that has taken deep root, and will grow until the restora- tion of silver to an equality with gold has ; ,, . , ,, been accomplished." wu, i .V:. ., What is this equality that Towne and his associates are going to devote the rest of their lives to securing? Does he Intend to say that the time will come again when sixteen ounces of silver will exchange everywhere for one of gold .' Towne shou d look the facts in the face. The price of silver, which was 130 cents an ounce in 1870, is CO cents now. In spite of the low price the silver miners of the United States put 5(1.000,000 ounces on the market last year and made money at the business. The demand for silver by silver stand ard countries is decreasing because the number of those countries is diminishing. Japan, the most progressive of Asiatic nations, with a population of 41,000.000, has adopted the world s gold standard. Peru and Bolivia, though silver-producing countries, are preparing to do so. Does Towne really believe that his lit tle "movement" will be able to raise th purchasing power of 371 grains of silver until it becomes equal once more to the purchasing power of twenty-three gTains of gold? It is difficult to believe thnt any intelligent man who knows what the present silver production of the world is. and how much more cheaply it is pro duced than of old, really imagines any thing of the kind. Chicago Tribune. Export Bounty on Farm Proilucts. The proposition for a bounty on staple agricultural exports is not a new subject, It is a departure from the protective pol icy. It ha .been considered for some years by the farmers, especially by the members of the National Grange, where it has been fully discussed but not yet indorsed by a majority of that body. Some of the propositions seem to be favorable, but it is doubtful whether the giving of a bounty on agricultural products would be beneficial to the farmer. There might be some temporary benefits, but if it stimu lated production the effect would be dis astrous to the farmer. lint troubles the farmer r.ow and makes low prices for bis productions Is the fact that he Is now producing more than the market will read ily absorb of certain commodities. So long as he continue to do this he must be content with low prices. If this boun ty should stimulnte the production and increase the surplus offered In the mar kets of the world, it would have the ef fect of decreasing the price received by Ihe farmer rather than increasing it. As I said, it is a departure from the policy of those who believe in protection. The protective policy advocates the eneour ageiuent of production In those lines where we are now not producing enough to supply our own people, but are depend ent to an extent on foreign countries for our supply. This proposition doa not have such a purpose. It propose simply to donS'e to the farmer certain bounties on products exported, and it la doubtful whether it would at the moat have more iban a temporary beneficial effect, wilh a tendency to bad reactionary resulta. I-rom Interview with Assistant Secretary of Agriculture Brigham. Tariff I'roaprcta Are llelplni. The progress made by the Senate wilh the tariff bill has given some lmwtna to general business and has created 9 more hopeful feeling in all depnrlinentt of trade. The matter la not entirely sen- tinientsl or at all partisan. The doubt and instability which have plainly sur rounded every commercial avenue and which always exist while tariff uncer tainty laata will In ail probability smn be removed. For Ihe first lime since 17 (he business of Ihe country will he In free and nntrammeled position and the favorable effect on credit and Individ nal action canoi be too highly estimated. The manufacturer and the distributor will be hle to see clearly Into the future and the money lender and ihe money bor rower will be able lo act nnderstsn.lingly. The prosec baa already caused aotne activity in the iron and ecl trades, and baa g ven definite assornti.-e in other di rections. The great majority of the American ople hojie for and hsve con (idem In substantial results. The gen, ersl sanation is rip f ur the change, Money la abundant at low rates, prie Is nn level which pra i.cally gusrati lees Judicious' operations. l!sapxi!it ment fur I'om rata. 1 1 ssapnn'nlment follows d .sappn'nt ment among Ihe !oocr!le les lrrs. Not only are they disappointed In Ihe fuct thai Ihe tlrpiil.tif a tie have prewitied a a.! d fr-ml on the lr ff question and f n :. d lo itiarrl among themselves upon cur- rency, or nf other question, but they ar even more d siresscd lo And the r own puf fy fa'l ng lo pic es on Ih quest. n of pro tection as we, I as s.. i-r, a ne Ihe r .. a if 1 list the .r.,lrc!.e da t urea of Ihe tif if? toll ia growing w esl. r da ly, w h.: their art'iiionls in behalf of free s.ii r ar Wing d pfnn by stery week de le piu-n! mr the election. Antx of Jim. t, ami SI I I. .!-,. .rs J. f. Vesi and M.i s tl .In'i ki.-w it labd. Tkef hgi s!.,iiii. tug s!Mif S ill s l a hi -if sisoit l! - (if in ih tsine nf sugar trust a. k s tttollanroitslf wish a s. i , rr.t of ihe sugar c,eStr,e by the .-! -Hon up.n H iu He rottJit taMetis, but had ev .triii f ..f(.-r.'S thai sbn tf tar (t I. II was It, liw.r a it s'-. in k of this asm iiifaf trust s-liai.i ed o. fJf not. In vs'y dsf i g Ikeir aaa pu-ativa vf tb bO. DIDN'T KNOW IT WAS LOADED- The Sutrar Trust Screamers Find Their Attacka Reacting on Themselves. There has been some especially sharp talk in the Senate and some of the people who are seeking to make political capital by throwing dust with reference to the pending tariff bill have suddenlv dis- covered tliat there are two sides to almost any story. Two or three Democratic leaders seem to have reached the conclu sion that they could once more fool the people, and that their most convenient way to do it would be to charge that the sugar schedules of the tariff bill as agreed upon by the Republican caucus were fa vorable to the sugar trust. So they pro ceeded upon the "stop thief" plan to make all sorts of malicious charges of this kind, taking advantage of the fact that Repub licans in the Senate have been refusing to discuss any features of the bill not abso lutely necessary to be explained, simply for the purpose of gaining time and get ting the bill through as promptly as pos sible. The gentlemen have found, bow- ever, that there is a limit to the endur ance of the public who are being imposed upon with this sort of falsehood, and the newspapers of the country have suddenly revived the fact that the verv men who fidy and dishonor" bill of 1S94 was fram- e(j ana its gnear schedule so sthnned as tn create the greatest scandal that has been known in political history in many years. Attention is called to the fact that the three men, Senators Vest, .Tones and Mills, whose mouthings about an increase In prices of sugar trust stock as a result of the pending tariff bill have been the features of the week, are the very men who framed the sugnr schedules of the Wilson bill under which sugar trust Sf0Cs advanced (50 per cent while the advance during th? entire consideration of the present bill is only (5 per cent, and this a mere incident of the cenernl ad vance which has been strongly marked meantime in all stocks. That the three men whose manipulations In the schedules of the Wilson bill caused an advance of (16 per cent, in the price of sugar stocks should now be screaming like madmen because sugar stocks have increased 0 per cent, during the consideration of the pres ent bill would be unaccountable but for the fact that they are apparently doing it to not only make political capital against the Republicans but at the same time conceal as fur as possible their own rec ord in this very line. Politicians Working Country Peo-le The dangerous characters who were last fall hired to stir up dissatisfaction and sow seeds of anarchism and riot in the cities tre now being sent through the country districts for the same purpose. They travel in gaudily painted wagons, bearing false or misleading quotations from distinguiffhed men, which are dis torted into apparent support of the free coinage of silver, which is now worth less than one-half what it wns when these utterances are alleged to have been made. To conceal their real purposes these men profess t( be obtaining stibscrilicrs to a free silver publication, with which is frr nished a copy of a book by "Coin" Hnr- vey, whose writings are now recognized as not only untruthful and misleading, but purposely and maliciously so end an imposition upon those before whom they are placed. This attempt to distribute th seeds of distrust, anarchism and riot in the agricultural communities for the pure la selfish purpose of making a market for the property of silver mine-owners and placing a few politicians In office de serves the contempt of those upon whom it is being Imposed. It is of the same class as that by which the tin peddler wagons spread falsehood through the country In the Congressional campaign of INK), but is vastly more dangerous to the country from the clnss of employed, the doctrines they disseminate and tha desperate schemes of those who support them In this performance. The silver mine-owners and their poiltIr.it allies bavs resorted to this new device to deceive th people, v ho arc. however, rapidly discov ering the Impositions they practice. A Currency Commission Urge I. A currency commission which shall frame a plan for the general revision of the currency system of the United States seems likely to be the next step of the new administr.it.oii. after the passage of I lis tariff bill, which w ill probably take p'.aca before the end of the inoiiili. It la un derstood In Washington that the Presl dent will, aa soi.n as the tariff bill pnsset the Senate, send a special message to Con. gress urging the creation nf a commission which ahail devise a plan for the general revision of the rtirretiry staiem of tha country In time for consideration by Con gress when It meets In lis regular session five mouths hence. Thcle Theories rlxplwltnz. If farm prices do not stop advancing and silver prli-ea do not atop their down ward course, there will be itnttrng left to sitslsin the chief theory of lite free coin age orators ot Snst lull Hint pro-ee or farm products kept pace wilh those of sil ver. Irfad;lig farm products have in- creased in price from .VI lo 1I per cent mice this Ix-aiiiifiil iherv was exploited n the stump last fall, while the price of silver baa no auiioie s ii-ti.h y ilei n a J, MiMiur wiCi Cnut on, f'very s'de of ih Cuban u ,',,. n la b. Ing considered by I'ns .l.nt M, K n'ey now, and a course of a. t'en U l.k.lt to L Indlraied in the m ar future. Tin Import. an- anil gravity or l It ines ,nivei and jH.ssili.e ,..!.. ocr'.i is f 4i mistali ar trial I hat Hie I'rcs.ilelil and h adtisera are nmt n w.fh the utmost r.iuttn. as any j't.l Viien r't jon wotil.l do if such g' aie re.i ,n ln.iiies were I.'jitJ upon b s Individual shoulder. plan to Immp I'rren. "tl.itsi'on in olli. e" is p-.,ulnf w .ih th fernds nf fre s See as well a others. Il is w h p red thai h r l of th Chicago gniiitrti of a fi w I'sts sine h.ri i.rsutt d what wrs lei'Ud the ai ier I!--, il 1 at. pari J' s In .,-! . n f-.t a awf rtllflil wh .-fj sl to'd ?e(h fo the fen,t II entire! He tr-'ir f ih s.'ier t use Bl.'l diiw l lo lie :i ,.f id ib, p l,"ii se W . ; f o Jren !,. tn a. i. bj '.. .! the jf' lo tl f' . i ! if, til.lrslnf ! Pu'MlCil Inrtiiles, f 11 sltSitlOl W i t ,i;rs 1 i . 1 1 e i . i ' -i prt mi.! tie ,;,.(;; j ,,f i-s ranks Sn ' i Wiit ,1 . r.-ssmg its (;!. al !. ii. s ft, 1 '. I'-n'y d sst-Ks .tis h i tt luej sa t , i. l. if fa crop ( mog th.- I;, im't -. a hut l-.i ' ln if a:-:w " a n. e i t a il ,.f the km set. U-sri .- i, ! i !, i 1 Is tt wWrese of lie fcsn.1 ..f o ! sue) w ho gssau In I-. Ie i-t. r ( iLsl art il sad t Ciir