The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1885-12-10

or the entire amount of duties collect
ed 20 per cent was collected from the
following articles of Import: Sugar and
molasses, 20; wool and its manufactures,
10; silks aud its manufactures, s; iron
and steel and their manufactures, z; cot
ton manufactures, e; flax, hemp and iute
and their manufactures, 0.
The fact that our revenues are in ex-
cess OF actual needs of an economical
administration Of the government Uusti-
t1es a reduction Ia the amount exacted
from the people for Its support. Our
government Is but the means established
by the Will of a free people by which
certain principles are applied which
they have adopted for Their benefit and
protection, and 1t Is never better admin
isIered and its true spirit is never better
observed than when the peoples taxa
ton for its support is ecrupulously lin
tied TO the actual necessity of expendI-
ture and distributed according TO q Just
and equitable plan.
In the proposition with which We have
to deal in the revenue received by the
government and Indirectly paid the peo-
pie from customs duIiee, the question of
free trade Is not probable, nor is there
now any occasion for the general dis
cusslon Of the wisdom or expedlency Of
q protective system. Justice and fair
ness dictate that in any modification Of
present laws relating to revenue, the in
dustries and interests which have been
encouraged by such laws, and in which
our cltiZens have large Investments,
should not be ruthlessly injured or de-
strOyed.
We should also deal with the subject
in such manner as to protect the INFER
eats of American labor which Is the cap
lIal Of our WOrkingmen. Its stability aud
proper remuneration furnish the most
iustiflable preteXt for protective policy
and within these Limitations q certain
reduction should be made In our customs
revenue. The amount of such reduction
having been determined, the inquiry fol-
lows: ''WheTe can 1t best be remi:te d
and what articles can best be released
from duty In the interest OF our citizens"
l think the reduction should be made
In the revenue derived from tax upon
the imported neeessariee OF life. We
thus directly lessen the cost OF living In
every family Of the land and release to
the people IN every humble home 3 larg-
er measure of the rewards Of frugal In
dustry. During the year ended Novem-
Der l, 1885, l40 national banks were or
ganiZed, With an aggregate capital OF
S16, 93S 600, and circulation notes have
been Issued TO them amounting to S42,-
749, 100. The whole number Of these
banks in existence on the day above
mentioned was 2,727.
The very limited amount Of circulating
notes Issued by our national banks, COM
pared with the amount the law permits
them to issue upon q deposit of bOnds
for their redemption, indicates that the
volume of cur circulating medium may
be largely increased through this iHstru-
mentality. Nothing more important
than the present condition Of our cur
rency aud coinage can claim your atten-
ton. Since July 1877 the government
has, under the compulsory provisions OF
the law, purchased silver bullion and
coined the same ut the rate OF more than
g. 00, 600 of dollars every month. By
this process up to the present date,
2l6, $3.50, 49, silver dollars have been
coined.
A reasonable appreciation OF dele
CATION OF power to the general govern
ment would limit its excess without ex-
pressly restricting the peoples needs
and the requirements OF the pub
lie welfare. Upon this theory the authority