The sun. [volume] (Morris, Stevens County, Minn.) 1882-1895, 1886-12-09
BENEFIT 10 THE PEOPLE

BENEFIT 10 THE PEOPLE
o.ssns whose fotanss ssne the wealth
of the most favored in anti democratic nations.
are not the natural growth OF steady. plain
and Industrious republic; Our fs ;r1s., too;
supplying the products OF agriculture. see that
day by day. and - often ~ the daily wants OF
snS needless while
products struggle in foreign markets. with the
competition Of nations which, by allowing
freer EXCHANGE Of productions than we permit.
tress tho American farmer. Az every patriotic
citizen rejoices In the constantly increasing
pride Of our people In American citizenship and
progress. . sentiment prevatls that the leading
strings useful to nation in its infancy may
well. to great extent. be discarded In the pres
emit stage of American ingenuity, courage
and fearless self-reliance: and for the
privilege Of INDUCING this sentiment with true
American enthusiasm our citizens are quite will
ing to forego idle surplus in the public treas
ury, and all the people know chat the average
rate OF federal taxation upon imports ts to-day.
In slime .of peace bat little less. while upon
some articles OF necessary consumption 1t is
actually more. than was imposed by the grfevous
burden willingly borne at y time when the gov
ernment needed millions to maintain BY war the
safety and integrity OF the United States Il
has been the policy OF the government to collect
the principal part of its revenues by q tax upon
Imports and no change in the policy Z desira
strains our people to demand that by 3 revision
Of our revenue laws the receipts Of the govern
ment shall be reduced to the necessary expense
of its economical administration. and this de-
mand should be recognized and obeyed by the
peoples representatives in the legisl tive
branch Of the government. In readjusting the
BURDENS OF FEDERAL TAXATION
sound public policy requires that such OF our
citizens as have built up large and import ant
industries under the present condition should
not be suddenly and to their injury deprived of
advantages to which they have adapted their
business: but II the public good requires it,
they should be content with such consideration
IS shall deal fairly and cautiously with their
interests. While the just demand Of the people
for relief from needless taxation IL homes ly
answered. q reasonable and timely submission
to such demand should certainly be possible
without q disastrous shock to any interest; and
q cheerful concession &c metimes averts abrupt
and needless action often the outgrowth Of Inn
should be also accorded in any proposed read
justment to the interests Of American labor So
far as they are involved We congratulate our
fixed within unyielding bounds and doomed
under all conditions to the memorable fate
of daily toll We recognize in labor
public. and we treat those who have it
for their keeping citizens entitled to the most
careful regard and thou2htful attention. This
regard and attention should be awarded them,
not only because labor is the capital of our
workingman, justly entitled to it's share of
government favor, but for the further and not
IL
surrounded 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 domicile additional comforts
and advantages. This relation OF the working
man TO the revenue laws OF the country and the
manner in which it palpably influences the
question of wages should not be FORGOTTEN in the
jus ifabie prominence given to the proper main.
tenance of the supply and protection Of well
paid labor. And these considerations suggest
such IN arrangement OF government revenues as
shall curtall the cost of living while it does not
curtail the opportunity for work, nor reduce the
of American labor and injuriously
affect its condition and the dignified place
it holds in the estimation Of our people. But
our tss
ge FARMERS AND AGRICuLTURIsTs,
those who from the soil produce the things con-
sumed by all are perhaps more directly and
plainly concerned than any other of our citizens
in q just and careful system of federal taxation.
Those actually engaged in and more remotely
cne-hah Of our population: none labor harder or
more continuously than they. No enactments
limit their hours Of toll. and no interposition OF
the government enhances to any great extent
the value of their products. and yet, for many OF
the necessaries and comforts of life. which the
most scrupulous economy enables them to bring
into their homes, and for their implements of
husbandry. they are Obliged to pay price
largely increased by an unnatural profit which,
by the action Of the government, IL given to the
more favored manufacturer recommend that
keeping in view all these considerations, the in
creasing and unnecessary surplus of national in
come annually accumulatin2 be released to the
people by an amendment Of our revenue laws
which shall sharpen the price Of necessaries OF
life and give freer entrance 10 such imported
materials as by American labor may be manu-
can be accomplished, however. in the direction
Of his much-needed reform unless the subject
is approached in patriotic spirit OF devotion to
the interests OF the entire country and with a
Willingness to yield something for the public
good.
THE PUBLIC DEBT
The sum paid upon The public debt during the
fiscal year ended June 80, 1886, was $44, 551,-
O43 So During the twelve months ended Oct.
81, 1886. 3 rer cent bonds were called for re-
$50. 643. 200 was SO called to answer the re-
quirements Of law relating to the sinking fund
and $780, 399 for the purpose of reducing the
debt ey % & part Of the
bonds thus called $1O2. 269, 450 became subject
under such calls to redemption gpror &c
Nov. /. 1856. The remainder, amounting to
R25,O13,65O, matured under the calls after
that date In addition to the amount SUBJ
ject to payment and cancellation prior to Nov
bonds amounting to SIS. or, $50 which were an
500 had been called prior to the 1ss Of Novem-
and interest," st bearins debt. leaving ON that day
and still outstanding 81. is. 443.1 12. OF this
amount $50. 848, 700 were still represented by 8
Per cent bonds, IDS, They. however have been since
$22 COG $50. being bonds. which have been
called, as already stated, but not redeemed and
cancelled before the latter date. ,.
tsal SILVER. .E
THE YEARS COINAGE s.
During the fiscal year ended June 80, 1886.
there were coined under the compulsory silver
coinage act Of 1873 90. s3s, $40 silver dollars,
aud the cost Of the silver used In such coinaga
was S23, 448, 96O.O1. There had been coined UP
to the close of the previous fiscal year. under the
- tynoI Tau,
and on Dec l, 1886, the total amount of such
coinage was $247, $40. The director of the
mint reports that at the time Of the passage OF
the law Of 1873 directing this coinage the in
cents each, and that on the 31st Of July, 1886,
the price Of silver reached the lowest stage ever
known, so that the intrinsic or bullion price Of
than ~ cents. The price Of silver on Nov.
30 last WAS such ~ to make the dollars
intrinsfcally worth g CENTS each. These differ
fluctuations in the price of silver, and
they certainly do not indicate that compulsory
coinage by the government enhances the price
value Every fair and legal effort has been made
currency among the people The withdrawal 81 q
sna hs os sv.v Sa:
this result in obedience to the win aud senti-
Of the v ss *. e. ss RsGp IL
these coins, or certificates representing them,
the nominal sum Of $166, 37S, 041, and we still
have $1s 81 s4S II the sEeasary e against
and $72, S65, 376 remaining In the treasury one
year ago The director of the mint again urges
the necessity OF more vault room for the pur-
pose OF storlng those oliver dollara which are
not needed for circulation by the people.
eUSPENsION URGED.
have seen no reason to change the views ex-
pressed In my last annual message on the SUBJ
1ect Of compulsory coinage. and / again urge its
suspension on all the grounds contained in my
former Recommendation. reinforced BY the sig
nidcant increase Of oVr GDld expectations dur
ing the last year, - atpears by the conpara-
tive statement herewith presented, and Tor the
further reasons that the more this currency is
distributed among the people the greater be-
comes our duty to protect It from disaster: that
We now have abundance Tor all our needs, and
that there seems but little propriety IN baiidina
vaults to store such currency when the only
ttetense for its coinage Ia the necessity OF It's
pse BY the people - ; circulating medium.
CUSTOMS cOLLECr1oNa
HpsT or SUITS
The great number Of suits now pending IN tina