Arizona weekly citizen., 1884-11-08

Congress to negotiate n loan. In re- sponse to his official advertisement, he rec, ived about SI0.00000G, for which he was compelled to pay to F per cent interest. During tho last year of Bu- chanan's administration, the Treasury was empty. and there was c fiIsting debt of about S20C00,O00. The creditors were urgent in their demands for pay ment, and the Government was greatly embarrassed m trying to keep the ma chinery going. Congress was compelled to lend its and, by authorizing a loan, and so low had our credit fallen that the Secretary was compelled to sell 6 per cent bonds having 20 years to run at the depreciated value of 90 cents on the dollar. In striking contrast with thls Democratic fiscal ability, the Republi- can party can point with pride to their per cent bonds, 20 per cent above par, in the great monetary centers of the worla, and even 3 per cent bond aoove par. These achievements of Republi- can financial skill are acknowledged to be unparalleled in the history of finance.
 The faithful collection of the revenue will present an equally enviable record, for the debt could not be paid without an honest and faithful collection of the
 revenue. In 1860, the receipts from GUS
 toms were S53, ,lS7, ,5ll.49. In 1870, they
 were Sl9i, ,537 .01444, and the receipts
 from internal revenue for the same per
 iud were SlSI, ,S99, ,7J6.49. The expense
 Of collecting these customs dues in 1860,
 under Democratic rule was six and
 twenty-seven hundredths per cent. For
 collecting the same kind of revenue in
 TL-n Rannhtsaav, rtrIa hs ruf
 was three and ninety-two hundredtbs per
 cent, this, too, when all expenses mad
 been more than doubled by the exigen-
 cies of the war.
 In 1860, the revenue from the Post
 Office Department under Democratic
 rule was SS,5lS,O61, and the expenses
 We're SIS, ,l7O,6lO, or more than twice the
 revenue. In 1885, under Republican
 rule the Postal revenue was Si5, ,5OS, ,692,
 and the expenditures $42,9l6, 700. SD that
 Congress passed bill reducing letter
 postage to 2 cents instead of 3. In 1860
 under Democratic rule, we had 30,635
 miles of railroad, and the number of
 miles constructed that year was 1,Si6.
 In 1870, under Republican rule, we had
 j2,SS5 miles and 6.070 miles constructed
 that year. In lSS0, we had 93. .555 miles,
 and 7,l7t constructed that year and in
 1883 We had ll9,937 miles and 6,60S con-
 struc,ed that year. From 1880 to 1860,
 thirty years of Democratic rule, there
 were constructed 30635 miles of railroad
 and from 1S6O to 1883 inclusive, g
 years of Republican rule, there were
 constructed S9,302 miles of railroGd.
 In other words, there were constructed
 m 9 years of Republican rule, 5S,667
 more miles than were constructed in 30
 years of Democratic rule. To this mag
 nificent record off the Republican par
 " the Democrats shout Corruption.
 Land Grants and Subsidies" Why,
 fellow-citizens, the principle of granting
 subsidies of lands to Railroads IS as old
 as the Democratic party itself. It was recommended by John C. Calhoun, in
 lSl5. It was endorsed by President
 Pierce in his inaugural message, and in several acts of Congress granting such
 subsidies to railroads in different states
 m the union, and was more particularly
 recommended and carried out ID the en- ormous grant to the Illinois Central Railroad Company, with this distinction; that the subsidies granted by the Demo- cratic party were m the very garden spots of the continent, land of the most valuable character already filing up with a hardy population of farmers, and to day they are among the most valuable D rtiOns of the United States. On the other hand, however, the lands granted to the Pacific railroads were for the most part located on the great American desert. 4 territory uninhabitated and where no settlers would go and remain without military protection | agaInst the Indians; where there was DO | and nothing to be cultiyat-- ed, and where 1t was considered, in | earlier years, that the wolf, buffalo and | Indian were the only appropriate inhab- | itauts of a region which nature had con- | denned to isolation and sterility. The | Pacific railroads dispelled this illusion, | and do, the desert blossomed as the | rose"
 This very country is now rapidly fill | ing up with a hardy population. We | lind the lands which 90 years ago no | sensible man would have taken us a gift | now teeming with golden grain and | other products of the husbandmap, and | .he adjacent territory increased Tn value | In hundred fold.
 And now. fellow-citivens, few words | 1n the tariff. This great Republictn n measure has been bitterly fought by the Democratic party for twenty years, but t. established merits have 90
 thoroughly and overwhelmingly refuted u practice every theory advanced against { that northern Democrats in large and many southern ones are now compelled to admit the wonderful esults which it has accomplished. The aritT bill was passed in 1881, so that it las been in operation for twenty-two 'ears. Now mark the wonders 1t has Icheived in building up American indus ry, and protecting not only the manu- acturer, but the farmer and merchant B well. In 1861, our imports from all Oreign nations amounted to $3l6, AT, ,2S3, md our exports were Sl5S,SS7, ,9SS, the xcess of imports over exports was Slj7,- J9,29j In 1874, ten years later, our ex- 'Orts exceeded our imports by SlS,S76,- SS, and this was the Irst time that We, s d nation, ever had the balance of trade D our favor. We were paupers on the Id world before that period, and would ave remained SO under the Democratic ule. In 1879, five years later, OUT ex- Orts exceeded our imports in the enor- nous sum of S26i, ,66l, ,6G6. Ever since S14, with the exception of one year, the alance of trade has been continuously n our side. This immense amount of honey which went abroad to stay, now smains with us to enrich our farmers ld merchants and to build up the mate al interests of the country, and add to le national wealth. It has enabled the meucan manufacturer to compete with le powerful and opulent corporations { England which had controlled the -adc of the world for centuries. We re the first and only nation that has Ter been able to successfully compete { ith British manufacturers. This proud l ld enviable position has been reached ] nee lS6O, and entirely and exclusively 1der the Judicious management of the epublicIn party, through the protec- ye tariff system. Before tha. period, ( e (together with the balance of man nd were absolutely at mercy of Brit I h monopoly. Nearly every article ttat ] 2 used paid tribute. in some manner,
 British revenne. Nearly all our agri- Iltural implements and all articles of Dn and steel were drawn frsn British [ T he British Government. a wing obtained the monopoly of the { lrld, was in favor of free trade, but the l