The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1888-09-27
TARIFF AND WAGES.
Speaker Carlisle Discusses the
Topic Of the Day.

Speaker Carlisle Discusses the
Topic Of the Day.
why Tariff Reform Would in No Way In
Jure American Industries - The
Dangers Of q Treasury Surplus
and Excessive Taxation.
Speaker Carlisle was for the seventh
time renominated for Congress at Coving-
ton, KY, the other day. After thanking
his constituents for the honor conferred on
him, he spoke thus about the effect Of the
tariff on wages, the Treasury surplus and
kindred matters:
Mr.. CHAIRMAN AND GENTLEMEN OF THE
CONVENTION: / scarcely know in what
terms to thank the Democracy Of this dis
trict for its action to-day. Twelve years
ago was nominated for Congress in this
hall, and since then the Democracy Of this
district have chosen me six times In sue
cession to represent them In the House Of
Representatives Of the United States. No
man could be insensible of such devotion
on the part Of his friends, and / assure
you, gentlemen, that feel most profound
ly my sense Of gratitude and obligation to
you and the people whom you represent.
ICheers.l
1 accept your nomination and shall en-
deavor to meet as many OF you as possible
between this and the election, although my
duties at Washington prevent me from
giving much attention to my own district.
! not only accept your nomination, gentle
men, but indorse to the fullest extent the
resolutions you have just adopted, except
that part of them that relates to me per-
sonally lApplause.l
The great question before this country Is
the question Of Federal taxation. 1t makes
but little difference whether / am elected
ing Importance to the people that the next
House of Representatives should be Dem.
ocratic Fapplausel, and that the next Presi-
dent should be q Democrat also. [Cheers. ]
The two political parties have nominated
their candidates and made formal declara-
tion of their principles, and you will be
called upon next November to decide be-
tween them. The Republican party has
chosen as its standard bearer Mr.. Harri-
son, a respectable lawyer Of indianapolis,
for President and for Vice President,
Levi p. Morton, a very rich banker in
Wall street The Democratic party has
selected the true and tried, the incorrupt-
ible President who now fills the chair, the
man who has brought the Administration
back to the ways of the constitution, and
given TO this people clean, conservative
and faithful administration of the law.
lCheersl With him they have associated
MIR. Thurman [cheersI, who for many long
years has been the best and truest repre-
sentative of our Western Democracy
But 1t is not gentlemen, my purpose to
make speech. Many of you want to return
10 hov ~, nfH 4
many Of you are anxious oryour dinner.
! want to call your attention, though, to
the overwhelming importance of the great
question which is now presented for the
decision Of the people; and l congratulate
you on the fact that at last, after many
| long years of struggle, we have got this
| question fairly and squarely before the
| people. ICheers 1t is declared in the
Democratic platform that unnecessary
| taxation is unjust taxation; and by that
declaration the Democratic party will
| stand or fall in this contest When Presi
| dent Cleveland was inauguratcd on the 4tf
Of March, 1885, he found on the statute
books laws passed by Republican Con
| crosses under which there was being an
nually collected from the people nearly
100000 900 in excess of the actua
necessities of the Government. Hi
found large surplus accumulated
in the vaults of the treasury, and tha
| all the public debt in control of the Gov
ernment, except about sl96, 00O. 900 of 3-per
cent. bonds. had been paid. What was II
be done. Year after year some Of US hav.
struggled in the House of Representatives
to secure u reduction Of this enormous
burden on the people, and have predicted
that the time would surely come when thi
i lafa in ha hi /,
Treasury to such an extent as to paralyz
all the business enterprises of the countr.
and bring ruin and disaster upon our in
dustries and all engaged in them.
We are not responsible for the existcnc
of these laws, but we felt, as the repre-
scntatives of the American people, the re
sponsibility rested upon us, in some meas
ure at least, to see II it could not be rem
cdied. We failed The money went o
accumulating ia the Treasury at the rat
of $4,000, OOo per month, and is still &C
cumulating at that rate. The Secretary o
the Treasury told me just before left tn
City Of Washington that the surplus rev
cnue collected during the first fifteen day
Of the present month. over and above tn
expenses of the Government, was Sll, co.,
OOo. At the rate of several hundred thou
sand dollars every day and night tn
money of the people, money which the
need in their business, is being poured int
the public Treasury where it is not needed
[Cheers.l
To relieve the Treasury of this enormou
amount and to prevent disaster to the bus
ness of the country the Administration
compelled to purchase the outstandin
bonds of the Government at an enormou
premium. Within the last few month
$1,000, 600 of these bonds have been bough
at premium on the per cents of some a5t
TO 2Sc. on the dollar, and on the 4l2s at &c. ,7t
and Sc, so that the bondholder is, by rel
son Of the unfortunate situation in whic
the revenue laws have been left, takin
from the people millions and millions Z
dollars in excess of the amount which hi
obligation calls for, and our friend, Nj
Harrison, in his recent letter Of accep
ance, says that this process should go OF
and the money should continue to be pal
to the bondholder Mr.. Sherman, the fol
mer Secretary Of the Treasury, takes sui
stanially the same grounds, and criticise
in u harsh manner the action Of the pres
ent Administration in depositing part 9
this money in the National banks SO tn;
it can be loaned to the people and go thu
into the channels of trade The records {
the department will sustain the statemeI
that while Mr.. Sherman was Secretary
the Treasury he had at one time in sin
gle National bank more money than thi
Administration has to-day in ali th
National banks of the United State
lCheers.
Now, the great question you are to q,
eide is whether this system of taxatio
shall be continued indefinitely, or whethe
the country will return to the methods
taxation which prevailed in this countr
before the war. For the first time in th
history of this country, so far as know
the Republican party has substantially d,
clared In it's platform in favor Of reducin
the revenue by increasing the taxes. al
plause and laughter.l 1t declares that
deems it necessary to reduce the revcnr
by checking the imports of such article
as can be made here. and if that is not su
ficient it will repeal the whole intern;
revenue tax on whisky rather than su
render any part of the protective system
This proposition is put forth upon the ide
that the people of this country can be bel
Gifted individually and collectively by in
posing taxes on themselves. 1t might ;