Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1886-12-11

Just demand or the people Tor relief from
needless taxation is honestly answered. A
lreaaoAabls and timely submission 10 such
demand should certainly be possible without
: disastrous shock TO any interest; and.a
,heerful concession sometimes avsrts abrupt
and Needless action. often tho outgrowth OF
Impotence and delayed justice III
Due regard should be also accorded In any
proposed readjustment to the interests Of
American labor, SO far as thoy are involved
We congratulate ourselves that there b
among US no laboring class fixed within un-
yielding bounds and doomed under all con-
ditious to the exorable fate OF daily toll We
recognize In labor a chief factor In the
wealth Of the republic, and we treat those
who have it in their keeping as citizens en-
titled to the most careful regard and
thoughtful attention. This regard and at
tention should be awar ded them not only be-
cause labor is the capital Of our workingmen,
justly entitled to its share OF government
favor, but for the further and not less i'm
portant reason that the laboring man, sur
rounded by his family in his humble home,
AS consumer, is vitality interested in all
that cheapens the cost OF living and enables
him to bring within his domestic circle Id.
ditional comforts and advantages. ls
This relation of the nottingham to the
revenue laws Of the country and the manner
In which 1t palpably influences the question
OF wages, should not be forgotten in the JUS
tihable prominence given to the proper main
tcnancs OK NE supply and protection Of well
paid labor. And these considerations sug
gest such an arrangement of government
revenues as shall reduce the expense OF
living, while It does not curtail the OPP
portnnity for work, nor reduce the COM
pensation of American labor and injuriously
effect its condition and the dignihed state it
holds in the estimation OF our people.
But our farmers and agriculturalists, those
who from the soil produce the things con.
sumed by al, are perhaps more directly and
plainly concerned than any other OF our cit-
zens, in a just and careful system Of Federal
taxation. @--s,----.--
Those actually engaged in aud more 10
motely connected with this kind of work
number nearly one-half our population
None labor harder or more continually than
they. No enactments limit their hours of
toll and no interposition Of the government
TO any great extent, the value of their pro-
ducts. And yet for the many necessaries Of
life, which the most scrupulous economy en-
ables them to bring into their homes, and for
their improvements of husbandry they are
} obliged to pay price largely increased by
, an unnatural profit, which, by the action Of
the government is given to the more favored
| manufacturer.
recommend that, keeping In view all
these considerations, the increasing and I'M
, necessary surplus o. national income an
nually accommodating, be released to the peo-
pie, by an amendment to our revenue laws
, which shall cheaper the prices Of the neces-
saries OF life-giye freer entrance to such
imported materials as by American labor
may be manufactured into marketable com
modities. I4f t.te
The sum paid upon the public debt during
the fiscal year ended June 80, 1884, was $A,
55l, 043.36 During the twelve months ended
October 81, 1885. three per cent. bonds wert
called for redemption amounting to $l27,-
sS3, 100 Of which $50, 64S, 200 was SO called tc
! answer the requirements Of the law relating
! to the sinking fund, and $40, 639, 00j for the
! purpose OF reducing the public debt by ap
! plication of a part of the surplus in the treas
ury to to that object OF the bonds thu
i called sl02, 900, 450 became subject under
: such calls to redemption prior to November
!, 1886. The remainder, amounting to $25,
0lS, $50, matured under the calls after tina
!, date nlt#
u The addition to the amount subject to pay
: ment and cancellation TO November !, ther,
were paid before that day certain of thes
!, bonds, with interest thereon, amounting Il
IS, 072 $50, which were anticipated as to tn
. maturity, Of which S., G64 $50 had not beef
called. Thus sl07, :,4i 800 had been actual,
. applied prior to the LIST OF November, 1876
to the extinguishment OF our bonded and in
terest bearing debt, leaving on that day still
outstanding the sum Of 81, l5S, AS, IL. o
/ this amount SS8, 848, TO were still repre-
. sented by thres-per-cant. bonds. They have
. however, been since November /, or vii; !.
once be, further reduced by $2s,tO6, $50, be
'e ing bonds which have been called as alread,
y stated, but not redeemed and cancelled be
!, fore the latter date.
= Nothing can be accomplished, however, Il
: the direction Of this much-needed reform
unless the subject Is approached In patriot
= spirit Of devotion to the interests Of the en-
J, J, lire country, and with willingness to yiel
10 something for the public good. #
While on the subject OF tariff and revenue
ie the president especially directs the attention
a. of congress to the Recommendations Of th
u secretary OF the treasury, touching the sim
u plihcation aud amendments Of the laws re
ie lating to the collection Of revenues.
Less space Is devoted TO the silver question
ls this year than last. but bis opposition to con
o pulsory coinage Is no less pronounced Tn
OIL difference in the bullion price Of the stand
ard dollar, ninety-four and one-quarte
IL ccnts, when first coined and its bullion value
O seventy eight cents, on the S0th I Of last Nc
q, vember, certainly does not indicate, the pres
ir dent says that compulsory coinage by til
( government enhances the prics of the com
II modify, or secures uniformity in its value. Il
n has seen no reason to change the views 81
Y pressed year ago on the subject of compul
70 cory coinage and again urges its suspension
IS on all the grounds contained In his forme
recommendation, reinforced by the signit
40 can't increase Of our gold expectations durin
in the last year and for the further reasons, tbs
ar the more this currency is distributed anon
H. the people the greater becomes our duty
I'll protect it from disaster; that we now hav
an abundance for all our needs and that thel
Of seems but little propriety in building vaul
IS to store such currency, when the only pr
n tense for It's coinage Is the necessity Of It's u
n by the people as circulating medium. q $
to The attention of congress Is called to I'll
y. great number of suitsiu Now York CROWN
to out OF conflicting views BY importers and &C
a..A.<.u a.. a. 3,a L.