The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1858-06-05
Economy.

Ihe pfacticeo i econoniy Is urgaa ny our
Democratic friends as one of the chief
objects of that party. Especially is this
the case just before an election. James
Buchanan recommends economy. This
is all very well; but does he practice it?
When he came into power, there were
millions of money in the treasury of the
nation; but how is it now2 During the
present session Of Congress, treasury
notes have been issued to the amount of
$40, 600, 900, and it is called upon to au-
thize the secretary of the treasury to
borrow $4,000, 000 more, and the call
will be answered in the affirmative. Thus
has the treasury been emptied, and we as
a nation involved in debt of 5000
900 dollars; and the end is not yet 1t
must be remembered that all this money
has been spent in time of peace-there
is no war, and will be none. 1t is true
that money has been squandered upon the
| Utah expedition, but it was done without
the consent Of Congress. 4 great deal
has been spent in the endeayor to make
! Kansas a slave State. Our interests as a
nation have not been any better protected
than formerly, nor even as well. The fac.
is, this administration has spent its whole
enegies upon the subjugation of Kansas,
and other matters have received compar-
atively no attention whatever. The Brit
! ish cruisers who are boarding our YES
sells in the West Indies, know that they
are safe, for the interests Of the slave
| power are not injured but rather benefit
ted thereby. 1t will tend to raise the
price of sugar, and the susar-planters are
glad to sec it.
We believe that our true interests as a
nation demand radical change in our
tariff. We are, aud have been for years,
paying millions of dollars annually as du-
ties on sugar, in order that 1900 sugar
planters in the South could make their
sugar plantations proitable--to encour-
age slave-driyi1g; while, at the same
time, tie tariff on articles of Northern
manufacture has been changed, as far as
possible, at the bidding Of the South, So
as to break down our manufactures. And
what has been the result? Look at one
article alone: the duty on iron has at
times been such that our iron manufac-
turers could make money, and many wei
engaged in the manufacture; then the
duty would be put down so low that most
of them would be compelled to stop. And
il has cone to this, that while we haveiron
ore enough, and that of the best quality,
to build railroad through every county
in the United States, we have to look to
England for the bulk of our iron, and
millions upon millions Of dollars 90 from
this country to Europe to pay for this
iron; whereas, had our iron interests been
suitably protected, all this iron could have
been manufactured at home, cur mcchan.
les would have had employment, our far.
mers would have had good home mar.
ket, could have disposed of their produce
at good prices, and the panic aud hard
. times of 1888 would not have been
known. These facts are matters of his.
tory. The question now is, what should
be done in future2 We would say, put
such tariff upon iron and other articles
which we can manufacture as well as any
: other people, as will induce our capital
: lists who have money lying idle to invest
, it in the various manufactures-and LEI
this tariff stand till all duties may be re
pealeJ, and soon we shall see that compe
ton among the manufacturers will brin,
, prices down to the lowest paying rates
: aud prosperous times will come again
, railroads viii be built, and all improve
0 ments, whether public or private, will e,
on to speedy completion. We SHOULD