The Russellville Democrat., 1886-12-15
RUssEILvILLE POPE COUNTY ARKANSAS DECEMBER 5, sss

hOD6EILlLf LILLE, | For Indians s.................. 6s5, ,249, ,2ss oo 1 For pensions. ........ ...s.. 5,6l0, 226, 749 co For the military ading
 river and harbor rove
 ment and arsenals f 4,267 ,057 ,St7 00 I For tho navy--incluN
 ] sells, machinery and loye-
 ments of navy yards, ........ ,602, l07 a69 % For interest on public debt. 5,l3s, ,625, ,64T % 1 For the District of Columbia. 2, ,449, 65O 90 Miscellaneous expenditures
 | including public buildings,
 | Lighthouses and collecting
 1 the revenue. e....s............., b4, lzS ,o5O Fl | For the current year to end June 20, 1887, the ascertained receipts up to October l 1886, with | such receipts estimated for the remainder Of the year amount to s356 O00, 900 The expenditures nscertained and estimated for the same period $266, COG, 900, indicating an anticipated sur plus at the close of the year of 800, GOO WV
 The total value of exports from the United States to foreign countries during the fiscal year is stated and compared with the preceding year as follows:
 June 30, 1886. June 30, 1885.
 chsndisc = sees. .sca. .Sao % ere, ,cs2, ,sse % Foreign mer-
 chandise ly, ,36 30l O0 l5, JD6 ,SU8 O0 Gold ........ 42,952, 19l % SAT ,s92 % Silver ......... 29,5ll ,2l9 co B, s,75S,6 ,63S % TAnIFF REVISION.
 It has been the policy of the government to collect the principal part of it's revenues by atax upon imports, and no change In this policy Is desirable, but the present condition of affairs constrains our people to demand that by re-
 son 0 our m nws '9e fscepss fs ol sre expense of it's economical administration, and this demand should be recognized and obeyed by the peoples representatives in the Legislative burdens of federal taxation sound public policy requires that such of our citizens as have built up large and important industries under | ha nra aapfe abo mo and to their injury, deprived of advantages to which they..haye adapted their business, but if the public good requires it they should be con- tent with such considerations shall deal fairly and cautiously with their interests, while the just demand of the people for the relief from needless taxation is honestly answered. rea- sonabe and timely submission of such demand should certainly be possible without disastrous shock to any interest, and a cheerful concession sometimes averts abrupt and needless action often the outgrowth of impatience and delayed justice.
 GOOD WORDS FOR LABOR.
 Those who toll for daily wages are beginning | to understand that capital, although sometimes vaunting it's advantages and clamoring for the protection and favor of the government, is dull and sluggish, till, touched by the magical hand of labor, it springs into activity, furnishing an occasion for federal taxation and gaining the value which enables it to bear. its burden, and the laboring man is thoughtfully inquiring whether, in these circumstances and considering
 n he Ssv n,0 ne
 
 ceves his fair share of advantages. There is also suspicion abroad that the surplus of revenues indicates abnormal and exceptional business profits, which, under the system which pro- duces such surplus increase, is without c0rre- spending benefit to thepeople at large. The vast accumIations of few among g. our our s. citizens. s vored in anti-democratic nations, are not the natural growth of a steady, plain and industri- ous republic.
 Our farmers, too, and those engaged directly and indirectly in supplying the products of agri- culture, so that day by day, and as often as the daily wants of their households occur are forced to pay excessive and needless taxation, while their products struggle in foreign markets with the competition of nations which, by allowing q freer exchange of productions than we permit, enable their people to sell for prices which dis tress the American farmer As every patriotic citizen rejoiccs in the constantly increasing pride in American citizenship and in the glory of our national achievements and progress, q sentiment prevails that the leading strings useful to a na- ton in its infancy may well to a great extent be discarded in the present stage Of American inge- nuity, courage and fearless selfreliance, and for the privilege of induging this sentiment with true American enthusiasm our citizens are quite wiling to forsg9 an idie surplus % m ,h .ne pmDnc rate of federal taxation upon imports is to-day, in time of peace, but little less, while upon actually more than was imposed by the grievous burden willingly borne at a time when the gov ernmcnt needed millions to maintain, by war,
 Due regard should be also accorded in any pro- posed readjustment to the interests of American labor, so far as they are involved. econgratu- late ourselves that there is among no laboring class lxed within unyieding bounds and doomed under all conditions to the inexorable fate of daily toil. We recognize in labor chief factor in the wealth of the republic and we treat those who have it in their keeping as citizens entitled to the most careful regard and thoughtful atten- tion This regard and attention should be awarded them, not only because labor is the capital of our workingmen, justly entitled to it's share of government favor, but for the further and not less important reason that the laborlng man, surrounded by his family in his humble home as a consumer is vitaly interested in all that cheapens the cost of living and enables him to bring within his domestic circle additional comforts and advantages. This relation of the workingman 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 justiiable prominence given to proper man- tenance of the supply and protection of wel-paid labor and these considerations suggest such ar engagements of government revenues as shall reduce the expense of living, while it does not curtail the opportunity of work or reduce. the compensation of American laborers and injuri- ously affect the condition and dignitied place they hold in the estimation of our people,
 But our farmers and agriculturalists-those who from the soil produce the things consumed by all-are perhaps more directly and plainly concerned than any other of our citizens in just and careful system of federal taxation. Those actually engaged in and more remotely con nected with this kind of work number nearly one half of our population. None labor harder or more continuously than they; no enactment limits their hours of toll, and no interposition of their 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, is given to the more favored manufacturer.
 l recommend that, keeping in view all these considerations, the Increasing and unnecessary surplus of national income annually accumulat- ing be released to the people by an amendment to our revenue laws which shall cheapen the price of the neccssares of life and give freer en- | trance to such imp,sted materials as bv Ameri- can labor may be manufactured into marketable commodities Nothing be accomplished, however in the direction of this much needed otic spirit of devotion to the entire country and with willingness to yield something for the public good.
 SILVER COINAGE.
 During the fiscal year ended June 30 1886, there were coined under the compulsory silver coinage act of Is7s 70 % D05 silver dollars and the cost of ! the silver used in such coinage was S2S AS ,960 There had been coined on to the close of the pre- | yious fiscal year under the provisions of the law 203. SS2 ,554 silver dollars, and on December l, i issli the total amount of such coinage was s2i7 | l3i, ,5i9. The director of the mint reports that at the time of the passage of the law of 1878 di- recting this coinage the intrinsic value or the dollars thus coined was ytAc each, and that Jnly 3I Issa the value of silver reached the lowest stage ever known, 80 that the intrinsic or bullion price of our standard silver dollar at | that date was less than 72c. The price Of silver | November 30 last was such as to make the dol- lars intrinscally worth 7sc each. These dlfier- ences in value of the coins represented the iuct- nations in the price of silver, and they certainly