The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-12-07

~ THE INIKRESTS OF AMERICAN
LABOR,
90 far as they are inv lvei. We congratu-
late ourselves that there il among us no Ia
Dor ne elias fixed within unyielding bounds
and doomed under all conditions 10 the mex
orable fate OF daily toll. We recognize in
lsbor a CHIEF f-olor in the wealth Of tho Re-
public, and We treat those who h We il in
theif kee log IS citiEe 8 entitled % he most
carsiui regard snd thong { nj attention g.
THIS regard aud ton chou d be awarded
them not only because labor is the capi-
toi 81 = ~worsinsmsn justly ohtitled
but for I tie farth sG'sf aIS not tS'f Ii.:
imrortapt reason that the laboring man sur
rounded By h 3 family ia is humble homo
as a consumer Is viLally Interested in all
mat chtap MS the cost OF living and enables
him to bring W thin his domestic circle d.
dl'ional comforts and advantages This re-
ltlion o. he work ngman TO the revenue
Ia.s e the country and tho manner Ia
which 1t palpably influences
THE QUi srION OF WAGES
should not be forgotten in the just able
prominence given TO The proper maintsinsnce
ofthe supply aud protection of well paid
labor. aud these combinations gu gest su h
an arrangement u vermont revenues, as
shall reduce the ex0ense OF living, while il
does not curtail ths oD portunit for work
mr. reduce TIE compens ation of American
labor, and iDlu lousy affect its condition
and the dign fled nlace its holds in the esti-
nation of cur ieople.
BUT OUR FARMERS
and agriculturi'ts, those who from the soil
PROD co ths things consumed by all, are
perhaps more direc ly and plainly con-
cerned than any other Of our ci liens in q
lust and careful tystem OF FEDERAL tixatiol =.
Ihose actually enge cd Ia and more re-
notely Connected With th kidd Of work
number noirly One-h If of our POI ~ulation;
nane labor hSrder or more continuously
than they: No ,enactment Limit their
hours OF toll and no interpOsit'on Of the
govern meut enhance 10 any great eEtent the
values OF their products, and yet for mans
OF tho necessaries and comforts Of life, which
9 most. ~serupu!ious eoenomS ena les hem
to br ng la o their homes, and for their i'm
p ement of h~ushRndry th y are
OBLIGED TO PAY A PRICE
increased by an unnatural profit
VIII CHI by tho action Of the gov rnment is
given to the more favored manufacl urer. l
locOm mead that, keeping in vie all these
con H%derations, the increas ny and unneces-
accumulatlng be released to the Teople
BY AN AMENDMEN { TO OUR REVENUE
LAWS,
shall cheapen he price of the %necessi.
ties of lifA and give fres entraL CO to such
imported materials as by American labo
may be manuficiured into marke able COM
Ties. NOthing oin be accomplished,
WV Y I IA ~ VI w vi III muCu nb0OE
reform unless he subject is approachs d in
a patriotic pirit OF dew tion to toe int rests
Of tbs entire country, and with a willingness
to yield something tor the publ c good.
TRE- SUN PAID UPON THE PUBLIC
DEBT
the fiscal year ended June 80, 1885,
VIA. S44,' 81 ,O43 36. During the twelve menths
col ct for edempnon a count ng to $l27,-
2sS, 100, Of which $50 ,643, 200 was 81 cal ca to
an wer the r quirements OF the law relating
10 the sinking fund, and SIG $50 90 for the
ofreducing the public de0t by app l.
of a puto of tire surp us in the Treas
ury o. that obje I. OF the bon 10 thus called,
Bl02, 64,450 became subj OF uader suoh calls
to REDEMPTION prior to Novembe l 1885 The
re9 ainder amounting to SIS 0lS. $50, natured
) derations prior t. NOyeub Der lst, there
we're also paid before that date certain Of
these bonds with. the interest thereon,
amounting 70 S. O72, $50, whichwere antioipat-
had not been called; thus SiO7, SI $50 had
been actually appl cd prior to toe lat of NO
v ember, 1885, to the exiting uishment
# our bonded and i%ntesest bearing
debt, leaving on that Nday It'll
this amount sS5,S4s 700 we're still repre-
tented by thres per cent b nds They,
ho wevor, have been since Move mber Let or
at once b =, further reduced by $22, &C.,
80, being bonds which have been called, 20
,eled before the latter date Duriug the
isoL year ended Jupe 80, 1856. there were
under the oom ~ sorry silver coinHge
act Of 1873, ~ t3S 905 3 liver dollars, and the
IS, AIS, $50 OIL: There had been. coined up to
close Of the pr. viou' ifs al y ar, under
The provisioLs If the law, 20S, S1.55i silver
~1Ollars, aud on tn FIRST day OF December,
1886, the total amount # such coinage was
ports thst at the time Of The p ass a,1 : I The
Iaw oflS7S. d recting this coinage, the in
.rinsio valus of the d aTs thus G ined was
~ cents each. and that on The thirty. FIRST
lay of july, 1885. the price of silver reached
The Owest stage over known, go tha' the / =
or buliior price Of our standard sill
yer dollar ut that tie wasless than u CO ia.
The price Of Silver on the thtrtieth d y of
November last was such as TO maBe the doi-
lars int iinsieajly worth IS cent etoh. these
ffeIenoes 10 value ., the coins represent
The Huct atiops in the price of silver, and
the certainly d . not indicate thai co . pull
sory coinage by the government on nances
The price. of that comm d ty or secures uni.
l9rmity in T. valuai Ever, TAR and legal
pa tmenI , dlstfibu' o this currency am rng
me people. The with rawal Of the United
- ties Treasury notes OF small. Oenomina-
lions and the issuing OF more silver Ger if
Gates nave Deeu TO OTteu 10 III Jua enOoaVOr
10 accomplish this rotu IN obedience to the
will aud sentiments of the representatives of
The people IT, tie Congress on the 18th day of
1885. The peo le held OF these
,oins, or Ger iioates represen ing them, he
Nominal sum of Sl66, S73, 04l, and we still had
rs, i64 3t5 10 the IL asury, as against about
Sl42, Ss4 l5o in the hands OF the people and
,T2, 8j5 1916 remaining in the Treasury oue
year ago. The directors of the Mint again
urged the necessity Of n ore vault room for
H. e akAssA. 49,. .slu. - L.
are not needed for circulation by the
reople. have s en- no reason to change the
views expressed in my last annual message
On the subject of tins com pu's,ry coinage,
lud l again urge its suspension on all the
grounds o0ntaiOed in my former recOmmen-
enforced by significant increase of
BUR sod expor atoms during the last year,
IS appears BY the compar ative statement
herewith presented, AID for the furShor
reasons that tho orc this currency
THE GREATER BECOMES OUR DUTY
TO PROTECT 1T
from disaster, that We now have abundance
{ = all our ne ds, and that there seems but
lit Q propriety In building vaults to store
currency when the only ~pretense far its
coinage is the Necessity Of its use by the peo-
pie as u circulating medium.
The ) reat number OF suits now pending In
tho United States Court for the southern Dis
of New York, growing out of the
COLLECTION OF CUSTOMS REVENUE
the port OF New York, and the number OF
such suits that arc almost daily instituted,
ire cert,inly worthy the attention Of Con-
gre 8. These legal controversies, blsed upon
ng We've b. importers and the Col
lector as to the Interpretation of our pr, sent
and indefinite revenue laws, might
be- largely Obviated by an amendment Of
laws. But pending such amendment
the present cond ton of this litigation should
DO relieved. There are now pending about
rWENTY-FIVE HUNDRED OF THESE
SUITS.
More than HOO have been commenced within
the past eighteen months, nd many of the
have been at issue for more than
years, These delays subject the
government to loss of evidence, and prevent
the preparation n cessary TO defe I unjust
and fictitious claims, while constantly 40
interest threatens TO double the de-
mapds involved In the present cVndiii0n Of
the dookets Of tho courts, vol q led with
gu Is, and Of the force allowed the
District Attorney no greater than is Deoes-
sary for the ordinary and current business
OF his ofhce.
THESE REVENUE LITIGATIoNS
cannot be considered. In default Of the
~aooption by the Congress OF plan for the
general reor aniaAt on OF the Federal
Courts, as has been heretofore recommend
ed, / urge the prolriety OF passing n law
the appointment OF an Addit DUAL