Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1888-10-01

I
latter the entire discharge Of th
Public Debt and when purposes o
war shall not call for them? Shall sre SUP
I''press the impost and gire that adraafag
to Foreign orer Domestic maanfacfarers ."
This ~eighty question was answered b
Jefferson in the negative. He was Nc
frightened into an abandonment of the Pro
tecive system because it happened to yield
surplus nor did he recommend the overturn
ing of a fixed Industrial policy on which tn
growth and wealth of the country wer
founded. simply becaus' the National Trea
sury shared the general prosperity of th
country and oyeriiow.d wtl money. TIL!
subj Ct ba taken strong hol | On jefferson
mind and the next year. ll>Osl. in recurring
to the subject in his annual message 10 Con
gress. he sand: The probable accumulation
of the surplus of revenue beyond what can b,
applied 10 the pa, ment of the public d, bt
whenever the freedom and safety of our com
''merce shall be restored. merits the consuiera
ton OF Congress Shall II iie gnprodsetir
in the pablie raahs' Shall the rereaae b,
l'.redaeedf Or, shall Il not rather be appro
..priafed 10 the improvement of roads, canals
'.rtrers, education aud other grea, foundations
''of prosperity and union, under the power,
(which Congress may already possess, ol
"such amendments of the Constitution q,
may be approved by the States?'
So earnestly was Jefferson in favor OF
using the surplus which WAS yielded by 4
Protective Tariff for some great National
| benefit that he was ready and anxious t,
amend the Constitution 10 supply any de-
tciency of power which his strict cuustruc.
ton creed might iind. Nor was il u trlflng
surplus which he was ready To use for Nation
/ It'd In t.,nrf
millions of dollars-equivalent ON the mere
basis of population 10 II surplus to-day of one
hundred and iifty millions ant equivalent on
the basis of relative National wealth of the
two periods To surplus of four hundred ami
| nifty millions. 1t never occurred To Mr.
| Jc cfvrson's mind-the most compre rehensive
aud far seeing mind of all the Presidents oi
the United States, his peer being found, ii
| found at all in Abraham Lincoln alOne-l sa,
1t never occurred 10 MIR. Jetierson's mind that
| II would be "A wise policy for the Government
| or an advantageous one TO the people 10 loan
the Treasury surplus 10 a few tavor,te banks
As the Administration of President Cleveland
has done. MIR. jefferson looked 10 higher
aims and ends-suniething that woull benctiI
the Nation at large aud be of equal and I'M
partial advantage 10 all the people.
| In his message touching the useful pur
poses to which the Treasury surplus ~ gut be
applied Mr.. jefferson apprehenlcd IA, yos
sIblliIy of trouble with England and had al
| ready recommended the "Enbargo.' HIS
wise and beneticent designs were thus trust
rated for the time and the " hole countty was
compelled to face the probability of war with
Great Britain long before actual hostl.tie>
were begun. When there Was no longer II
doubt of war Congress took the wise precau
lion of passing Tariff Bill in the highest
degree protective. All existing duties were
doubled and ten per cent was added To Thu,
rate upon all importations III vessels sailing
under Foreign flag. This act was approved
by Madison July LIST. lSl2, and, despite the
three years of war that followed, the countr,
| made rapid strides in development and wa
far richer at the close of the var than at il,
beginning. American manufacturers hat
indeed been greatly stimulated from 1908 to
1915. first by the Embargo" and still further
10y the period of actual hostilIties.
1t is worthy of special mark that up to this
time there had been no sharp division OF
party lines ON the tariff The various act,
~ere passed with the general acqulescence
of all parties, with some difference ON minor
"details. But on the return of peace the Wai
Tariff so called, expired by its own Limitation
and in its stead followed the famous Tariff OF
,,...,,ss;,,n anJ r,.s;s,,nce f.. aLy,.a,.. =,
nn.r a.. mn onaI,,,v p,;yb, no f,u,d in er.. -,
r,n,,,,a and s;,n.,;,ns 20 different mad, ,b..
..no ha.JI.,ss ami un,,.s,ninv hlunI.r thu,
III. Free Trade Democrats ami the supporters
IS ,,,.. NIL nm .ra m.t,,y ,,.,., II.
,,n,,,non,. ,nre,nlI tho disasters that wouIL
,'.i,o, i. .n.c,ma,t What ,h,sa disaster.
.ar., hill ma, mxs..1f .t,.mp, IN Isscr,b..
| ,,,, .h n ,,,,a ,,,amn,r.ry wi,u.ss -,
;II,s,r,.us f,m. ono tho u,e.,.st ,,f Viii
I..Iars ,b.. ,,,har pamocra,;, s,.t.sm., ~,
,a-,;,,,, r.,,,.n
NJ fI., a, ,b.t time ,neake, of tho iI,use
-, snao,h dining tho se.sio,, of lso9 4
s..x., r...r. fir ,h.. Tariff of lslGh.Jh h.a
.,a,,.d s,id. tn. general ..,Iis,,.s. wh;,,
n.ry.d.s tho wbnl,. coun,rv !. f,rced nm,
n. INV nnm,rous factsof the most inc,n,.s,.
.b,e ch.r,ct,r II is Indicated bv ,b. dim.
,n;.b.J .1n,r,s nf pa,iy. rroduc.. NV m.
,Innrassed anL reduced s,a,. of our fnreiy,
,ar;,,.,;,,- hv our diminished c,mm.rr.. Il,
sm,.,,a .;,e un,br..h.d crun. nf grain nsr,.h.
| ;n., /, ,,r h,r,s f,r w.u, 'f m,rk.,. NV IN.
alsrm;,,y d;m;nu,;,p ot tho circulating mo.
Inn hy n universal comnlaint of the x.u,
| .,f .m,I.,xnent and a ,.on,eouan, ,eJ,c,;,
| ',f 49,. ,..,,as ,f iah,r. on,i ,hnv,
n H. ~ -, -, ,onr.a.ol .,.,o - Al,