The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-09-12

1uiNGGhlhB kAN
against us at q rate averaging more than =
hundred millions per year. And even
down Us late Us 1873, when we came 70
: make up our balances, we found the led-
ger against us But in 1907 the balance
OF trade in our favor was S151 l52,09i, q
very fair showing, and the last year, clos
ingwith June, 1878, shows n balance in our
favor OF $257, $50 ,G67, an increase over tho
previous year OF Sl00, $50, 57S and the year
closing with the last OF July balance IN
our favor OF more than go millions OF dol
lars. 0
And this upon no meager account for
we bought In 1878 $iS7, 05l 1888 worth OF
goods from abroad. But we sold OF our
products, and largely OF American manu-.
lectures abroad, 1904, SS4, 200 worth. liza
farmer finds ut the end ofthe year that he
has been selling from the products OF his
farm more than he has been buying, be
accounts himself well of, and the year u
prosperous one. This nation under tho
policy OF the Republican party, has come
TO point in its history, when as a people
we are selling far more than we are buy
ing. This surplus is all added year alter
year to the aggregate wealth OF thecountry.
Another showing is equally fayorableto
Us. While 1t was estimated only a few
years ago TINT We paid S55,000,060 Of In
tcrGst annually.upon our bonds that were
held abroad, wenow pay on the same nc
count, to foreign bondholders, not above
twelve or fifteen millions OF dollars per
annum, thus showing that tho interest up
on our public debt Is being paid mainly to
our own people and no longer goes abroad.
The interest upon tho debt is no longer
sapping the life blood from the Treasury
and people, year by year, but remainsa at
home to return in circling currents from
the Treasury to the people and from tho
people TO the Treasury. Another matter,
yOn are told by the Democratic platform
makers and Democratic speakers, that tho
people OF this country are oppressed by
federal taxation. deny totally and
wholly the proposition, we collect, 1t ~
true, in round numbers, two hundred anti
forty millions annually from various
sources to meet the demands OF the United
States Treasury. In the neighborhood. OF
one hundred millions OF It goes to pay in
terest on the public debt, thirty millions
OF 1t goes to satisfy the demands OF the
pensions Of the late war, and the femaind-
or TO defray the ordinary and extraordi-
nary expenses OF the Government But
OF this enormous sum OF money thus coll
lected, how much do you pay? Nt
Look around and answer the question
for yourselves, where do you pay federal
taxes and how do you pay them?
have already told you the great reduc-
ton in the prices Of the standard articles
OF clothing and food consumed by your
families. You buy drillings, cotton goods,
and wooden goods cheaper than ever be-
fore in your lives. And yetwe arc raising
revenues for, the support Of the
Government by taxing these articles
when imported from abroad. We get
about 1870 millions OF dollars OF our reve-
nue. from our tariff schedule, some from
foreign iron and foreign glass, romforeign
cotton and wooden goods, and while,the
levying Of this revenue protects our own
home industries 1t adds but little, II any
thing TO the burdens OF the people in the
way OF taxation. And assert here that
the only tax that can in any way be CON-
sidered burden to the people OF Bridge.
port Is the enhanced value OF liquors and
tobacco in their various forms by reason
OF internal revenue taxation. 4 fa
TIE REPUBLICAN PARTY TIE FRIEND OF THE
Hg.4 III LADoRER. .i,.G5gsf.
Perhaps there never was q Government
on the face OF the earth before, required to
raise so enormous revenue as ours, that
touched so lightly the pockets OF the la-
boring classes. 1t has been the policy OF
the Republican party to tax, US lightly rs
possible, the necessaries OF life, and to
levy the revenue upon luxurics rather. l
believe that little more courage, little
more patience will bring us out safely. 1t
may be that the Republican party has
made mistakes, and 1t undoubtedly has, In
the management Of the great economic
questions that II has been called upon to
meet in the last fifteen years, but its legis-
lation has been in thelirection OF honesty,
Of honest money and of the credit OF the
nation. The Democratic party on the
other hand has been carping fault-fnder
for almost 20 years. II has stood ready at
any time since the close OF the war, inthe
west and In the south, to abandon the
credit OF the nation and tho money of
The people, for the widest schemes OF the
most visionary advocate OF absolute" or
Fiat" money. ..,,.,..,.-
We have passed through the darkest
hour, and light is already shining upon
our foreheAds. We can redeem this dol
lar OF Lincoln and OF Chase in good, round
gold and silver coin. Let us stand to-
gether until that is done, as ] believe 1t
will he done next January, when every
dollar OF the Government money and
every dollar OF bank paper will he CONVEX
tiblc, ut the desire OF the holder, into coin.
believe we will have that condition iof
things, and have faith in the President
OF the United States. / have faith that
the Resumption act will not be repealed
in the next Congress. have faith that
even II n Congress shall be elected that
will so far forget the spirit OF the Consti-
tuition and the lessons OF the fathers, nsin
u time OF prosperity and peace, when we
are collecting annually more revenuethan
Ii needed to meet the ordinary and extra
ordinary expenditures OF the Gov.
eminent and when. the balance of
trade is more than two hundred and fifty
millions OF dollars annually in our favor,
II, / say, that Congress shall SO far forget
the lessons OF history rs TO launch again
upon the sea OF irrcdeemable paper, cur.
rtncy, believe that Mr.. Hayes, iremem-
bering the language OF president Lincoln,
and OF the Supreme Court OF the United
States in the legal tender decisions, will
interposc rs he has right, and-as Ibe-
lieve he will be bound TO do, his veto
against any such wild and visionary
schemes,
j believe we will have resumptionJtfat
coin will appear again among the people,
and II the Democratic party or any other
party shall come into power hereafter, and
in time OF profound piece, attempt to oyer
throw what was the settled policy Of the
Government for more than half "a. century,
and what the republican party has. istrlg-
gled up to during fifteen years Of terrible
trial. believe that the people will over.
turn them with voice SO loud and so po-
tent, that they viii never again be resur-
rected from the public condemnation they
will deserve. ''.t --L--..
90 AZ III