The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1888-10-25


Treasury. At last when pressed to pun |
chase. the Secretary Of the Treasury init /
mated lack of authority, because the law
for purchasing bonds at premium was
contained in clause attached to al appEo- |
prlation bill believe the President a3dea
the Secretary of the Treasury in diScfed-
iting the force and validity OF thl8 eDac''
ment as though clause on al appfoptia ID
ton bill was not jast as strong pfce O
law as it would be as if d separate statute.
suppose that the President and oecf ..!.s..
forgot, when they were questioning me
strength Of this form OF 1t glslatl0b' thaV
the Presidents salary Of 800 VS.
enacted in "a clause attached to an apple
prjatiou bill. daughter and applause !. l
do NOT believe that the President has
scrubbed above drawing a salary WHICH w
lonoed Ia him. the right TO winch rests
precisely upon the same foundation aS 'le
authority 10 purchase bonds at premium
IF the plea of lack of authority Is maoe
seriously by tile Treasury Departmental
mustgbe termed sheer ignorance. IL IL Is
not made seriously it deserves a sharper
caarxct.,izaiinn lhan courtesy VIII permit
M to Apply [Applaust J.
NOW IT,, DOUBLE TIE REVENUE.
Now, with surpits aitllieialI}' stue'-
ousIy and l,~rsis' euils pil~d ny. me Dem
ocratic administration asks that the CROWN
of f. "A, s,up,.is IT, aveited by Ges roy lIiS
the nroteeiiss tariff IA d that a revt nue. o.
free tradetar4ff BE establish d Ill its stead
Does not Secretary Fairchild know that
reduction OF the rate OF duties VIII largely
Increase the inlpnr atihm and Large Is ia
crease lhe su,plis? Il M does rot kno"
it. let him I.cnt To tht C .ti,t hat hr'hlghl
on the tiilauci.. tf4S If ] S3l and thaf 81
1757. and if he is nnt satisfied with thf-t
practical iliu ra.', II his Gwn country
let him go lack l15 Years tolhr reign OF
Queen Anne III England. when Dean swift
informed The Mlnislrh that hey lGlgh'
double the dur, and halve The revenue. OF
halve the du'y aud double the revenue
Mr., Fairchild proposes. 10y gtttli z rld o1
a surplus. to have the duty and double the
revenue.
i.belieye there never was all aGmlnlstra
tion of the Treasury Dppal tment otter
than the presen! one hat showed so little
practical comprehension of the condition
of the country : one that has been so.tiiied
and permeated with that offensive concelt
which ALWAYS marks the Theoretical Free
trader. | have said. and repeat. that II
Republican Secretary of the Treasury
had loaned $50 600 eco toret banks att over
the country without interest. the l13mo
cratic party if they controlled the House
of Representatives would have moved t(
impeach him, and | believe il. | do mol
say the Republicans would so treat Secre-
tary Falrchiltl, bad they control of thf
House. because tie Republicans are no'
fond of violent methods. but are accuS-
toned to proceeding with caution anc
moderation in public affairs. They do no
wish toimpeach him before the Sena'e
but they do impeach him before the hgf
court of the people for having done that
which was plainly against the public ID
terest. and for having failed to respond Il
the precedents set 10y former secretaries o
the Treasury in faithfully and CONSTANT.
applying the surplus 10 the reduction o
the public debt.
KENTUCKY sHORTSIGIIREDNEss.
But, all this bears upon one question
whether this great and mighty republic i
willing now, on.the proposition of Pfesi
dent Cleveland s administration to destro
the Protective system under which 1T ha
grown. If the Protective tariff is des
troyed what becomes Of your own indus
tries? Kentucky. across the river, ha
beneath her soil. more wealth in coal. irol
and natural gas than a9y State OF her size
but Kentuckys voice is heard in the Ma
tional council against doing anything t
develop her great resources. The polio
of the Republican party has never bee
sectional, but has aided in promoting IN
material interests of all sections alike
and the South. with all her slaves befor
the war, did not have half the money tina
she has to-day.