OCR Text |
Show JAY GOULD AND SAGE Exprtt Their View on the Tariff 11(11 and Think 11 Will Not Hnrt Anjbodr. t THE SAO RCSULTS WlLL MOT DC PCRMANCNT. , I'roJnclIon and Coatnmptlon tyill Itrgnlatc the Whole Mlnatlos. . - RUSSIA PnOTCCTIHO THE SEAL ROOKERIES. llurchtll Sajs lit HaJ an Accoraiillcn " to the JInrder r it-mr-ll. Bj Tclecrash to UM Mnraj . TiinT.iuirr uill Tle-aed'Tt-roUftl Ibe old-rlmrueU sperlaelra. Sbv Yoiik, OiL 0. Jay Gould hasurtlleuUieforionlng article on the eUectof the uew tatiu". The tarltr, like all ether great and sudden ctianges, has uit the country to tuch an extent that the people now liardly know whether they are afoot or en Iioitebaik. The tai re-ults, however, will not I) crtuaueut. Tue country w 111 soou Rccummodalc Ittclf to tuo change. In fact the troublu has been largely dituiunled by antlciiallon ot Uie oi ratio u of Uie tarilf. "I do not Ixlieve Uiat the approach ap-proach of February ltt, the limit of Uoiufor Uie wltliurawal of goods from bond without pnyu.cnt of in creiuted duUes,wllI cau-ettrtnseuey lulhe money luatkels. This caute alone lll u.l L sutticlenl to create a stringency. Tins countri L largely dej.-udent on i:urpe for Its fluaucial cuuUitibii. Ifanilhlug hat-twns to disturb buriiiet, creating creat-ing nigh rates for money, it will naturally lloar fruui Amirtra to the other alae. If tlirre slwuld be such a ulHuibaucu In Eutii UlMeel. now aud February 1st, u.cre would be tight money here. If things lu 1-uroi'COunUuue iu an even, way there need be uo apprehension, so fr as I a.n able to see, that the new taillT will catue tlBaurisl UUlresalu this couuuy. "1 cannot see Uiat Uie new tariff of itself will be a disadvantage to thecouutry. If itlnertatesilhec-t of some arUrfts, the xoie will siai-..l- -.. I ,if thpm. Icke wool iul inttauce. IfthelantTouwoolmakts elothliigco-itmore, aivrton willvl along wiUi one suit where he would oUicrwlie have two. lrou may to tiken for another example. Deite the rvductton, the lrou it-dutlrino! tlits country will prosper. ThelarlU on steel raits is reduced 3-j a ton, tut the vtistiqe 111 not Kt li- any liltau Englith rails. It Is the sam-i In sll brauchts of industry. Matters skbi to work out their own soiuliou. l'toJuetiuu aud coiktuiupliou will liaventure to do w Ilh the situatasu tuan anything else. Tne pru-Juets tf toe country liave to find a market, and if theycaiiiKitriualtat high prices they mutt rtixl It at loartr trices. It is legible Uiat baborafty. Le leuefited by Uie creation of new linluUrim uuuir Uie tarltl, but 1 do not took for any great lurrm-e lu tlie uiauulacluniig iulrnits solely from the taritT. The country lsgrow-lng, lsgrow-lng, aud Industries will Increo-e and enlarge to keep coaijauy ii i.u its grow Ui." IltWd.1. S.OK COMMIK.TISU. Sage, over his signature, makes tlie following comment otitheMc-ICiulev otitheMc-ICiulev bill: 'The tiled of Uie new latin" on tlie cousuiiiels will nat beaUvcrse. Home comUlloii will reduce price ot all product a low as Uicy ougiit to lv. heti there were no ttvtliUes formanii-faituriugttiel formanii-faituriugttiel rall In this country they cost it 'J a ton. A tariff ami the establishment of mills lure brought ralto duwu to S2i a ton ai.d a prulll l.i uiauufiulure was earuert at tills ptiee. Within n.y own cx-i cx-i rleiii-e iron told at J95 a ton aud It was r .mality at Uiat. It lias since been reducwl to S21. Iiiac-coinpIIbIrjg Iiiac-coinpIIbIrjg the rcuuctluii whlih I have named, this country imployed It-u -rii Labor ami kept Its gold at holm-, In-lead of tending it Kway to tuy the I ibjr of other countries. Hie future bf thecountiy is one of continued protiierlty and growth. Tnere will be ciie k, but Uiese will be beuctljah When sicuhitiiin goes lieyund tlie bounds of healthy euWrp--- n stringency In the wuv market has a wholesome eirectl It restrains rath uiidetlsk IniEsand keeps valjes wiUiiu pnr limits. Our j-ovcninieut Is strung and coiimanus Uie conlldeticeor the iiei4o to a greater ixtenl than at any previous time In Us his- a.V. White, tli great broker, sjti "Any new tjileui of vJU-tlons vJU-tlons in commercial affairs always is attended with tome ftiitiuu iu its first operation. I lielieve Uiat Uie recent larlir laws sre on the whole very wise and tliat they avlll not need revision iu years, aud tliat when tho tubllc gc:s the bearings oiled the new machine will run with saU-faction to our commercial men and profit to the country." i ntnci-i:-.-. co.vr.-vn.. He .- He !- ' Aee-m-ilie. bnt Aottod- lleller Illtn. ToiaiNTO, OcL 0. The GkK iib-lishcd iib-lishcd Uils inornlug a sensational story coutalnlnga partial confession from Hurchell regarding Uie killing of ilenwell. It says It cannot be said Uiat he made auyUnng like a clean breatt of the murder. All that he has done thus far is to make a number of half cotifes-lonal statements state-ments and drop hints aud admissions admis-sions which, piece i tigctber, form a tolerably coherent story. To sum uis he acknowledger that he aan acci-Mury. He coiife---i that he took ilenwell to Ev-twotd an I U-yond U-yond In Uie uirec'ion of the snamp but resolutely sUcks to it Uiat his was not the hand tliat slew the victim. AH through hU conversation con-versation since conviction ltiirehell has Insisted that he had an accomplice. accom-plice. Ho roadoila,'ar that this nccompIL-e was a youug EngUth-nian EngUth-nian named Graham, wh at one time lived with ru-kthall nuthe tatter's farm. No oue will fir a moment believe the charge agalntt UrsJiam true. There ts not the sllchtott evidence Uiat Graham was seen near the swamp February I". rnti nod tlie Srml. B.vx Fiicisca, OcL 6. The steamci .IfcxosoVu-, frum Sibctia, brings news that tho Eu-slan government gov-ernment proicses next year to protect pro-tect the stal rookeries. Italian war vessels ate now cruising in Uehring Sea, wllh IntlrucUons to peremptorily seize any ves-tl f.und sealing within the prescribed shore limit which Is five mile.. It L stated tliat vessels which recently started on sealing crul-e trill not cruise In Behringriea proiwr. Tliey will station themselves at a narrow pass called Unlmak. through which the seals paw on their way to the rookeries and there slaughur them by wholesale. Knowledge of this fact Influenced theAl-Ska Company In making a contract for ten years, instead cf twenty, as heretofore. |