The Wilmingtonian., 1886-12-11

currency as is represented in this Treasur
surplus.
Those who toll for daily wages are hegin
ling to understand that capital, thougl
sometimes vaunting its impol tance ant
;lamoring for the protection aud favor of til,
gove ment, is dun aud sluggish, till, touch,c
y the magical hand of labor, it spriups tut,
'ctivity, furnishing an occasion for fedora
axatiun and gaining the value which enables
II tn hear ts burden. And the lahor,ng man
Is thoughtfully inqriiiug whether in these
iicumSt ,nces aud cops deriDg the tribute h,
instantly pays into the public Treasury AZ
10 supplies his daily wants, he receives hi
fair share OF advantages.
Theie is also a Suspicion abroad that TIL
surplus of our revenues indicates abnormal
aud exceptional business profits, which, un-
ter the system which produces such surplus.
no ease without corresponding bent fiJ to
he people at large, the vast accommodations
Il few among Cur citizens whose fortunes,
rlvalllng the wealth of the most favored in
inti-ieinocratc nations, aud not The naiur-
81 growth of steady, plain and industrious
| republic
He asks that the heavy tax upon inn
potts be modified In his structures upon
the present high tariff rates Mr.. Cleveland
asks that the war taxes be abolished.
The President has good word for the la
uoilug man. He says The ielation Of tn,
wuikingman to the revenue laws Of th,
c"untiy and tue manner i'll which 1t palpab,
intiuenccs the question OF wages should LOT
ne iurg otteu i'll the unsuitable prominence
given t. tue proper maintenance of tue sur-
ply and protection of well paid labor. Aud
ment Of govri nment revenues as shall reduc,
ihe expense of living while it does not csf-
tail the opportunity for work nor reduce thu
compensation of American labor aud iliuri-
'usly aft ct its condition and the dguitied
ace it holds in the estimation of our pc,
Pile.
The sum paid upon the Public Debt for
the last fiscal year ending JuLe 3O 1886 was
s44, 500 900. During this same time Their
"ere cuined 500 600, 600 at cost of sa3 OOO,-
900. BY which the unnecessary piece Of rob-
berry was transacted Of taking from some
! b"dy's pockets six million dollars. Tie
President says every fair and legal effort has
neeu made TO distribute the currenc,
throughout the country, as well as the new
silver certificates.
The President endursts the idea of forti-
Tying the large sea ports Of the country. He
-eems o think it doubtful whether ou slip
builders in this country are able t. bu Id til,
necessary ships or to forge their armameuts
up TO the degree needed ia modern wal fare.
la regard to the Postal StIvce the Pres den,
thinks that department ofgovrrument shows
MAJ ked ard gratifying Improvement. II,
considers the coming year Will demonstrate
the Postal Service to be a self-suppclting
system.
Speaking of the Indians all he has to say
IS in reg rd to commission he formerly sug-
gested which might be useful in watching
the wastefulness of Indian stores &c.
The President renews his former auimad-
version upon land grabbing. He denounces
the aggregation of lands intn large holdings
Nearly three million acres of public lands
have been restored, an almost equal humber
are under litigation, and four millions have
been set aside for entry rights solely in Sec
;iOus and quarter sectious He refers to the
good results developing fron the proelama-
lion against the Illegal fencing of puLliy
lands.
There are among us 365 7S3 pensioners on
the rolls. Since 1861 ssOs, ,OO". 900 have been
paid in pensions.
The President suggests that in regard to
the Pacific r uruad ihe sole matters which
should be taken into account are the situa-
tiou of the government as creditor and the
surest way to meet the payment OF the prin.
cipal and the interest of the debt.
With regard to Labor aud CAPITAL the
President says - In special letter trans.
mtted 10 the Congress at its last session !
suggested the enlargement of our present
Labor Bureau and adding to its present fuuo.
tions the power of arbitration in cases where
differences arise between employer and EN-.
ploped. When these differences reach such
a stage as to result in the interruption oi
commerce between the States, the applica
tion of this remedy by the general govern.
ment might be regarded as entirely within
it's constitutional powers. And | think VT
might reasonably hope that such arbitration,
if carefully selected and if entitled to thp
confidence of the parties to be Affected,
would be voluntarily called to the settlement
Of cOutrov, rsies of less extent and not ueces
sarily within the domain of federal legula.