The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-12-07
PRESIDENTS MESSAGE.
Continued from First Page.

10 SjOO,UUO.UsJ. Ine expenditures
McertRinel and estimated for the
came period arc $2B8,0O0y000; indi-
eating On anticipated surplus at the
close Of the year Ot S0O,OOO.0OO.
EXPORTS AND IMPORTS,
The total value Of tho exports from the
United Stateg 10 foreign countries during
the fiscal year lHslatsd and compared with
the preceding year IS follows:
For the year ending Juue %. 1850
Domestic derlhRndiss $50, aGi $50 on
Foftis diS!'"",,'',,'"'"','' 3,b60SOl 90
iS95lI WI "
,,.,,,.,., " blli2l9 %
For the year ending June 80, lssi,
Domestic AetchAudiiea ~ Gs2,9l6 %
Foreign dlAe'.,,'''"','.,"r, l5rHO w "
a,llLbJ4 w
3j,IojtS3 %
The value OF some Of our leading OK.
norris during the fiscal year o. compared
with tho value OF the came for the year
Immediately preceding Is here given, and
furnishes information both interesting aud
suggestive;
~ For lhNyGAF ending luue 80, 1850,
Cotton and cotton mHuulACtuIG k,.,- IAOtb1I COO
T0uau aud In manufacture" ".,..,, 3Ul949O,sOl
bread lG0St0l?oJg
lrOyslOns..,rr,,,.,.,...".,,r ,o,"","" 9O6gJ!l6SO
For tho year cnNug Jnnv 80, 1855
CurOl rand cotton mAgniArIuEes""'S!l,J .9,gCl,s0I
TUbuHc aud | y mRnuilcturu.,"".., 2.il6,1SOtCO
lul',o,"'''','''' ~ golue2 l9g
PTpIslOns",. lV''Jj EOoVO
Our imports during the last fiscal year,
az accompanied with tho previous year, were
az foI!oTs:-
M.rehnnss, Jsi IT,. 90 sTo. SO 9is 90
G2id %" "".",,'.""~ ;o7iS'5ig9 g 2S'7aHSg9 %
In my last annual message to Con.
greea, attention was directed tn the fact
that tho revenues OF the government ex-
Ceeded its actual needs and it waa sug-
gested that legislative GClion should bs
taken to relieve tho people RON the un.
neCessRry burden oil taxation thus made
apparent.
THE SURPLUS,
In view oi the rressing importance Of
tho aubiscs deem Il my duty to sg0in
urge lie consideration The income OF the
government, by it's increased volume and
through economies IN Its collection Ia now
moro than in excess Of public necessities.
The application OF the surplua TO the pHy-
ment Of such portion Of the public debt MS
Ia now III CIR option subjgCt to sxtiUautsh-
ulElk ~ lIAblilNN'A nv wv lNtH NHlGh lAH
lately prevailed would retire that class
Of indebtedness written lgss than one year
iIoin lhis date. Thus continuation OF
our present revenue system would soon
result In tho receipt Of an annual income
much greater than necessary 10 meet gov.
erument expenees with no indebtedness
npon which II could DO applied, Weahould
then DO confronted with vast quantity
Of money, the circulating medium OF tbs
peLnle, boarded in the Treasury, when 1t
should be In their handF, or we should be
drawn iilo wasteful public extravagAnCe
and all the corruption OF natural demOr-
azllion which follows in It's train. But
tits not tho simple existence Of this sur
plus and Tia threatened attendant evils
which forms all the strongest arguments
aguiugt our present scale OF federal tayR.
ton lie wont phase Is the exaGtion OF
such REurpluS through perversion OF
tho relation between peoplS aud their
government, and dangerous departure
frola the Gums which limit the right
OF federal taxation. Good government,
and especially the government Of which
every American Citiz,n bcasted, has for
its objects, the protection Of every person
within its care In the greatest liberty Cou-
Ristent with the good order Of society and
his perfect security In tho enjoyment OF
hia earnings with the leset poGAible di.
intuition for public needs. When more
Of tho peOple'a substance ID eXRCted
through the form OF taxation than Is nee.
essary to meet the just obligations Of the
government and the expense OF Its econ
omical administration AuCh eXlotion be-
comes ruthless extortion and violation
Of the fundamental principles Of Tree
government.
CAPITAL AND LABOR.
The indirect manner in which theae
exRctionB arc made has tendency>to con.
Ceal their true character aud their extent.
But 40 have arrived at q stage OF supe.-
AuouB revenue which has aroused the
people to realization Of the fact that the
amount raised ptofessedy for the support
Of the government is paid by them as alb.
Bolulely, II added 10 the price Of the things
which supply their daily wants Hs II 1t
was paid ct fixed proceeds into the
baud Of tho tRE.gstherer. Those who
toll for daily wages are beginning
to understand that capltR', though
sometimes Wanting ia importance and
ClsmGring for the protection OF the
government Is sluggish; still, touched by
the magical hand Of labor, itsprinGs into
gCtiVity furnilhing an occasion for federal
taxation and gatnipg the value which on.
abIes IL 10 baRr It's burden; and the labor
ing man 10 thoughttully enQuiring wheth-
CT in these circumstances, and considering
the tribute lie constantly pays Into the
public treasury as no Bupplies hia daily
wants, no receives his fair share OF adVan-
tGgeg.
There Is also suspicion abroad thStthe
surplus Of our revenues indicates alb.
normal and exceptional business profit
which, under the system which produces
such aurplue, Increases abundant CorTea-
pondinR profit 10 tho people OF large. The
vast aCcnmulations Of iow among our
CitizsnB whose iortuneg revealing tho
wealth Of the most favored In anti;
Democratic nations, are not tho natural
growth Of the steady, plain ind indus.
ttlous republic. Our taTmers, too, and
those engaged directly aud indirectly IN
supplying the products Of agriculture, see
that day by day, and Rg often "a tho daily
wants Of their householl % reCur,, they are
forced to pay excessive Md needless taxa
ton, while their products struggle In
foreign markets with the exception Of ma
tons, which by SLOWING q ireer exchange
Of products than NO permit, enable their
people TO sell for phCag which distress tho
American farmer. 81
LOOKING TO THE .TARlFT.
Az every patriotic citizen rejoiCeSin the
constantly increasing pride Of our people
in American citizenship, snd In tho glory
oil four national achievements and progress,
q sentiment prevails that the leading
strings useful % q nation In its infancy
may well DO 10 a great extent discarded In
the present stage Of American ingenuity,
Coutagu, and tearleta BOltIollance. For
tho privilege Of INDUCING this sentiment
with the American enthusiasm Our Cli-
Ssns ars quito willing 10 forssO on Idle
surplus In tho public TtGanury, and gu the
people know that tho average rate Of led.
vrSl taxation upon imports 10 to-day, In