The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1886-12-09
compared with the previoss year. ven . fol.

CUmpstcu Win nc PIcVlOu1 yeaIs WeI0 - ~.
lows:
1885. 1855.
Merchandise. sssS 4ss 1856 Ss7,sSs 0o5. 49,
Gold. ........ 0,735.8 $40 &C. 6ei %,
silver. 1880 307 1880. 81,
TOO MCcM REyKNCE.
In my last annual meesage to congress q.
tention was directed to the fact that the reven
mes Of the government exceeds ito actual
needs, and II was suggested that Legislative
action should be taken 70 relieve
the people from the unnecessary burden Of
taxatton thus made apparent. In View
Of the pressing importance Of the subject, ]
deem Il my duty to again urge 10 coneidera.
ton. The income Of the government, with
Ito Increased volume and thorough economics
In it, collection. il now more than ever IL ex-
cess Of public necessities. The application OF
the surplus to the payment Of such portion Of
tho public debt - 10 now q our option, sub.
ject to extinguishment, II continued ct the
rate which las lately prevailed. would retire
that class Of indebtedness within less than
one year from this date. Thus . continue.
ton Of our present revenue would soon
result In the receipt Of IN annual income
much greater than necessary to meet govern
mcnt expeneea. with no Indebtedness upon
which II could be applied. We should then
be confronted with vast quantity Of money
the circulating medium Of the people, boarded
In the treasury when Il should be II their
hands or We should be drawn into wastefnl
public cxtravagauce with al the corruptinR
national decentralization which follows II its
train. Bat It 10 not the eimple existence
Of the surplus and its threatened attendant
evils, which furnish the strongest argunent
against our present scale OF
FEDERAL TAXATION.
Its worst phase 10 the exaction Of such .
surplus through Q perversion Of the relations
between the people aad their governments
dangerous departure from the rules which
limit the right Of federal taxation. Good
government. Of which every American citizen
boasts. has for it, objects the protection OF
every person within its borders with tho
greatest liberty consistent with the good Of
the country, and his perfect security
In the enjoyment of his earn.
ings, with the least possible
Elimination for the public needs. When more
OF the peoples enstenance 10 exacted through
the form Of taxation than IL necessary to meet
the just demAnds OF the government, and the
expense Of Ito economical admins raiion, sueh
actiOn becomes ruthless extortion, and vjola-
ton Of the fundamental principles Of free
government. The indirect manner In which
these ezActions are made has . tendency TO
conceal their true character and their extent.
Bnt we have arrived at stage OF euperhnous
revenue. which hes asossed the people to
realization VI the fact that the amount raised
IL paid by them - absolutely. II added 70 the
price Of The things which supply their daily
wants. as II u was paid at fixed pc rods into
the hands Of the tax-gssherer. Those who
toll for daily wages are beginsing 70 under
stand that capital, though eometimes vsupt.
ing lts importance and clamOring for the pro
lection and favor Of the government, y DAN
and sluegis till, toned BY
THE MAGICAL WAND or LABOR,
II springs into activity, and furnishing IN oc-
casion for federal taxation and gaining the
value which enables It TO bear its
burden. and the ls1osing man
10 thoughtfully inquiring whether
In these circumstances, and considering the
tribute he constantly pays into the public
Treasury - he supplies his daily vante. he re-
ceives his fair share OF advantages. There u
slfO suspicion abroad that the surplus Ut
our revenues indicate abnormal and cxcep-
tional business profits. which, under the sys-
tenn which produces ouch eurplue, increases,
without corresponding benefit to the people at
large, the vast accumAlati0ns Of . few among
our citizens who're fortunes. rivaliing the
nations. are not the natural growth OF : steady,
plain and industrious republic Our farm
ere, too. and those engaged directly aud
indirectly In euppl, ing the products OF agri
culture see that day by day. and % often -
the daily wants Of their households recnr.
they are forced to pay excessive and needless
taxation. while their products struggle In for
eign markets with the competition OF nations
which. by allowing . freer exchange OF pro-
ductions than We permit enable their people
to cell for prices which distress
THE AMERICAN FARMER.
A every patriotic citizen rcjoices In the cor
otantly increasing pride of our people In
American citizenship. and in the glory Of our
national achievements and progress. seafi.
ment prevails that the leading strings useful to
. nation In its Infancy may we'll. TO q great
extent. be discarded In the present stage Of
American ingenuity. courage. and fearless
self-rcliance: and for the privilege Of indnlg-
ing this sentiment with true American enthus.
iasm our people are quite willing 70 fOrego ap
idle eurplus Ia the public treasury; and Ill
the people know that the average rate Of fed.
eral taxation upon imports II today. in time
Of peace, ont little LEES, while upon rome az.
ticles Of necessary consumption 1t 10 actually
more, than was imposed by the griev-
ons burden willingly borne ~ .
time when the government decided
millions to maintain by war the safety and In
tegrity Of the United states. II has been the
policy Of the government 10 collect the princi-
pal part Of its revenues by tar upon imports
and no change in this policy 10 desirable. but
the present condition Of affairs constrains our
people TO demand that by . revision OF our
.h.i, he ,eancsd IN ,sa n.c....,v e,n.r.s -
lie economical administration, and this demand
should be recognized and obeyed by the peo-
- ~ rovarnrsrt II ,a.din.,;sr
n. hn,don. ~ Sade,.i t.r.,,or . .onnS
nrh,,c nolicv rennire. ,h.t anch -
an c;,,yar. !: h.vs IN IN ~ ls,ca 80 -
ror,sn, sn6n.tris. nras, r,esant .o.d,,,ar.
rncr,d not ~ .ndaanlv and - that, ;n,n..
d.n,,.ad - savsrt.o.. = ~h,ch ~. 49,
SSFsesSS - ssssJ ssesO