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Business failures for the first six mont...

Business failures for the first six mont... image
Parent Issue
Day
14
Month
August
Year
1891
Copyright
Public Domain
OCR Text

Business failures for the first six months of the first year under McKinleyism number 6,075 with $92,000,000 liabilities against 5,385 with $62,000,000 liabilities for the like period last year, without McKinleyism. If that is the price we have paid forone tin whistle, it has proved an expensive - Albany Argusv James RussjII Lowell, the poet, scholar and diplomat, died yesterday morning at his birthplace, Cambridge, Mass., after a long illness. He had reached the ripe age of 72 years, having spent a life of ceaseless literary activity, and the werk he accomplished will ever remain as a monument to his scfíolarly attainments and lofty character. The death of George Jones, which occurred yesterday at Poland Springs, Me., removes one of the landmarks of American journalism. He was born 79 years ago and enjoyed the life-long friendship of Horace Greeley. He was one of the founders of the New York Times, in 1851, and since 1869 has been sole proprietor of that paper. He was one of the strongest fighters against the notorious Tweed ring, and was always known as a relentless opponent of corruptionin every form. "We love him for the enemies he has made," is a ceJebrated remark applied with great force in a speech nominating Grover Cleveland for ttil presidency. It evidently cannot be used by the admirers of Blaine, or at least they cannot love Blaine for the friends he has. The two men who are most active in support of Blaine's nomination in 1892 are Quay and Dudley, the two most unscrupulous and dishonest politicians of the day, the former branded as using state money for private purposes and the latter of unsavory blocks of five memory. Why is it that the cormorants and vultures gather around Blaine? There is a growing tendency on the part of villages and other municipal corporations to pass stringent license laws for hawkers, peddlers, etc, and the fact that the licenses are placed so high raajces the ordinances worchless. South Lyon, for instance, has just passed an ordinance requiring peddlers who travel with one horse to pay a license of $10 the first day and $5 for subsequent days, and for twohorse peddlers a license of $15 for the first day and L10 the second. The ordinance is worthless. The license is so high as to amount to practical prohibition of peddling. This the law will not permit. Licenses cannot be used for prohibiting purposes. They can only be sustained as pólice regulations. No thanks are due the McKinley bilí or the republican party for the great crops and the improved foreign demand. The revolution of time has brought a favorable season, and our granaries are bursting not because of the McKinley law or of any legislation but because the elements have been unusually propitious this year. And it will be noted that the "home market" does not absorb our wheat, but that the farmer is saved by the forein demand. If he gets a good price this year It will be because Europe wants his surplus, and she would want it just as badly if he were not taxed an average of 57 per cent. on everything he buys from American manufacturers. If it were not for McKinleyism, however, the money which the American farmer will receive for the wheat he sends abroad would go very much further than it will. - Indianapolis Sentinel. The great encampment of the G. A. R. in Detroit is over. The battle scarred veterans have returned to their homes. Detroit, which did herself proud in the entertainment of her guests has settled down to her accustomed pace and every one can have the satisfaction of knowing that the entertainment given the , nation's defenders was a hospitable one, freely given; that no money wrung from unwilling pockets, went to pay for it, that no fundamental principie of the law was violated to secure it, that there was money enough and more, that even a surplus is left, and, remembering this, the people can thank the sturdy, honest and conscientious farmer governor, E. B. Winans. for his veto of the 30,000 appropriation. Could the veterans have feit so much like accepting entertainment provided by compulsory taxation as that provided by the free will offerings of a hospitable people? In regard to the controversy between Capt. Manly and the board of managers of the Soldiers' Home, the Grand Rapids Democrat has this to say: "As a matter of defense, Capt. Manly has asserted that a reporter for the Democrat was present on the occasion of the transfer of the funds belonging to the Soldiers' Home to his successor, Manager Sprague, at the time he relinquished his command, Thursday, July 30, and calis upon the reporter to verlfy his statements in relation thereto. As a matter of fact, and in justice to all concerned, it is proper to say that a reporter for the Democrat was present on that occasion and saw all that transpired. In the issue of the Democrat of Friday morning, July 31, was given' an exclusive and correct recital of all thot occurred. Like any reporter detailed to gather the news, he wrote simply what he saw and heard and refrained from expressing any opinión as to the scope or character of the transaction. All he knows on the subject of payment and receipt of the state moneys on that occasion is incorporated in his said report, and it is idle for Capt. Manly or Manager Sprague to cali upon him to prove or disprove their respective allegations. "