Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1885-12-17

These treaties contemplated the sur
render by the United States of large
revenues for inadequate considerations.
Upon sugar alone duties were Surren-
dered TO an amount far exceeding all
the advantages offered in exchange.
Even were it intended 10 relieve our
consumers it was evident that SO long
as the exemption but partially covered
our importation such re ief would be
| illusory. TO relinquish revenue so
essential seemed highly improyident
| at time when new ana large drains
| upon the treasury We're contemplated.
| Moreover, embarrassing questions
would have arisen under the favored
nation clauses of treaties with other
nations.
THE PUBLIC FINANCES.
The report of the secretary of the
| treasury fully exhibits the condition
of The public finances and of the sever
| al branches of government connected
with his department. The sugges-
| tons of The secretary relating 10 the
| practical operations of this important
depar mem, and his recommendations
in the direction of simplfication and
| economy, particularly III the work of
| collecting custom duties, are especial
| ly urged upon the attention of con-
| gress.
The ordinary receipts from all sour
| ces for the fiscal year ended June 80,
1885, were 1922 500, 706.3S; of this sum
| $751;, All 1888. "a was received from u.s.
CONS and Sll2, 49S, 725.54 from internal
revenue; the 10 al receipts as given
| above were S24 ,S29, 1854 less than
| those for the year ending June 80, 1884
| This diminution embraces falling off
| of $l3.595 ,550.42 in The receipts from
customs and 50 6S7 1867 in the re-
| celpts from Internal revenue.
The total ordinary expendi ures of
| the government for the fiscal year
| were S260, 226, 1850, leaving a surplus
| in h treasury at the close of the year
| of SIS, 1853, 77l.27.
This is S40.929 ,S5i.32 less than the
surplus reported at The close of the
| previous year. The expenditures are
| classified as follows: For civil expen-
| SEES, S23 S26 942.ll; for foreign in En-
| course, S5.439, 909.11; for In ians, So
| 552 1888; for pensions, $50 102 ,267 40;
for the military, including river and
barb improvements and arsenalS,
| S42 go 57S.47; t I the navy, including
| vessels, machinery, and improvements
| of navy yards, $40, 02l .079.69; for in
crest on u public debt, S5i $50, 256.-
| ~; for the District of Columbia, So
499, 650.95; for miscellaneous expend-
| ures, including public buildings,
| lighthouses, and collecting the rev.
enue. S54, IDS, 054.2l-
| The amount paid ON the public debt
| during the fiscal year ended June so,
| 1885, was $i5. 1893 %. 43, and there has
| been paid lnce that da' e and up to
| Nov. l, 1885, the sum of 1859, S2S, leav-
| ing the amount of the debt at the last
named date 81 IS 4,475, S60.47. There
was, however. at that time in the treas
ury, applicable 10 the general purposes
| OF the government, the sum of $66, $751;
292.3S.
The total receipts for the current
| fiscal year nding June 30, 1856, ascer-
| tanned TO Oct. ], 1885, and estimated
| for the remainder of the year, are S3l5,-
| 900 900. The expenditures aScertained
| ami estimated for the same time are
| S2I5, 0o0,0 600, leaving surplus at the
end of the year estimated at S70,000,-
600.
OUR EXPORTS AND IMPORTS.
The value of exports from the Unit
ed States TO foreign countries during
the last fiscal year was follows:
Domestic merchandise S726, 6S2, $40
Foreign merchandise. l5.5O6s09
Gold..-... OBSERVATION-DISCLOSURES. S,4I,SaE
| ellNef.... .t.-.......-........... 33,'53, 6S
q &C
! Some of the principal exports with
their values and the percentage they
respectively bear 10 the total exporta-
| ton, are gwen as follows:
Valve. centage.
! Cotton and cotton manufact-
ures ..-..... $2l3, l9a0i9 29.42
| Manufacturers .............. 160,370,S20 22.07
neutrality-suspicious. 80. 107, SS24 58 l.T
| Ois-mineral, vegetable and
! Tobacco and its manufact-
ures. ...............,.,... A,T67,37s 34l
| Wool and its manufactures 2l,46i,322 2.9s
OUR IMPORTS.
! Our imports during the year were as
! follows:
God OBSERVATION-DISCLOSURES. 26,t9l $500
SILVER ........'..-........,. ld,6SO,827.W
| Total .......................62 CO., S22 627. so
The following are given as promi-
nent articles of import during the
year, with their values and with the
p rcentage they bear to the importa-
| ton:
Per
Value. centaee
| Sugar and molasses. S76.T3s,713 1922
Coffee .........................4 6,723,3lS 500
Wool and its manufacturers l4,6J6,4s2 7,8
silk and its manufactures. 40,393,00, $50
Chemicals, dyeings and med
Iron and steel and their
manufactures ............-. 3i,553,6S9 sos
Flax, hemp. jute aud their
manufactures ~: 49,. ss,ss4,s.4 800
Cotton and its manufactures. q, l52,00l 4.So
Hides and skins other than
Iur skins ............... 20DS6,fi3 3SJ
THE REDUCTION OF THE TARIFF.
OF the entire amount of duties col
lected 10 per cent was collected from
a ptf Of p.
Sugar and molasses, 20: wool and its
manufactures, Is; silk and its manu-
features, s; iron and steel and its
manufactures, j; cotton manufac-
ures, 6; flax, hemp and jute and their
manufa lures, 50.
The fact that our revenues are in eX-
cess of the actual needs of an econom-
zeal administration of the Government
just fies a reduction in the amount ex-
.cted from the people for its support.
Our Government is but the means es-
ablished by the will of a free people
ny which certain principles are APP
piled which they have adopted for
their benefit and protection. And It
is never bet er administered and it's
true spirit is never better observed
than when the peoples taxation for
its support is scrupulously limited to
the actual necessities of expenditures
and dis ributed according to Just and
equitable plan.
The proposition with which we have
to deal is the reduction of the revenue
received by the Government and indi-
rectly paid by the people from custom
duties.
The question of free trade is not in
volyed, nor is there now any occasion
for The general discussion Of the wis
dom or expediency of protective sys-
lem. Justice and fairness indicate
hat IN any modification of our pres
eiit laws relating to revenue, the in
dusiries and interests which have been
encouraged by such laws, and in which
our citizens have large investments,
should not be ruthlessly injured or de-
stroyed.
We should also deal with the subject
n such m nner as to protect the in
erests of American labor, which is
The capital of our workingmen. Its
ability and proper remuneration fur
niSh the most justifiable pretex for
pro ective policy. Within these limi-
ca ions certain reduction should be
made III our customs revenue. The
amount of such reduction having been
determined, the inquiry follows:
Where can it best be RENTED. and
what articles can best be released
rom du y in the interest Of our citi-
Z"ns?
think the reduction should be made
m lie rpynnlIn derived from n Toy ~.