Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-03-31
TARIFF BILL REPORT.
What the macraiic Maj 'rl.y OF the
Wsys and Means Committee
say OF their BIZ.
Har.'s Indian Dspredstiops Bili-Nsxi.
can Matt 10 60 By gay of EsG,e
Pass I stead of 81 Pss0.
THE MAJORITY TARIFF BILL.

of the Democratic ms ority Of the wsys
and means committee, which will accom-
pany tia tariff bill when that measure Is
presented to the House, cites that the
surplus for the last fiscal year was S55, =
500 600, sud for the current year is esll-
mated at ISL 900, 900, and ssys: With
the receipts growing larger aud
the expenditures growing smaller, We
must 8 on gather In the treasury large
part of the circulation of the country 10
the great injury Of It's bus ness ana the
bankruptcy II many of its people. Some
prevent the congestion which must occur
under the existing laws. There are two
ways in which this excessive sccumuls-
ticn may be prevented. We msy reduce
taxation to the level of the expenditures
aud leave In the pockets Of the people all
the moneys
NOT NEEDED FOR PUBLIC PURPOSES,
or we may rsisa the expenditures to the
height Of taxation, seeking out new and
useless obi ects Of appropriation on which
to lavish great and growing revenues not
needed for any legitimate wants Of the
puolic services.
1t We adopt the latter course these OBJ
jet, Ct us las expenditures will gather
upon Congress in such increas-
log numbers and with such growing
demands as to fasten upon the govern
ment permanent and interchangeable
policy OF extravsgant khd reckless sp-
propriations. Tnis policy once adopted,
will not only breed corruption Ia public
life and decentralization 10 private | fe,
but will compel periods Of depression, aD
increased rate of tsxatioa for the people
or an increase Of bonded debt for the
government.
Then stating that there is but one safe
course, VIZ:
REDUCTION OF TAXATION
Is the NJ cesssry IT guirements of an hon.
es', efl ;ient administration Of the gov
eminent. The report discusses tho CUES
ton on what articles Shall the reduc
ton be made, and proceeds: The CON-
mittee has determined to recommend O
reduction of revenues from botn the Gus
toms and internal taxes. They have
carefully kept in view at all times the 10
rerests of the manufacturer, and lahorer,
and producer and consumed
TIE bill herewith rep )rted to
the House is not offered as
,pe fec bill sni nanv lt'cle .Ie left sub
j CT TO duty which might we'll betrsusfer-
red to The free list. Many ar iole. are left
subject to rates of duty bich might all
be lessened. Ia the progressive growth
OF our manufactures we nave reached
point where our capacity to produce is
far 10 excess ct the Re gu remen of our
home consumption. AS & Consequence
many of our mills are closed and many Of
those still In ope rstitn are
RUNNING ON SHORT TINE.
This Condition is hurtiul TO the msnu-
facturer, the loborer and the producer
of material consumed in manufacture.
The manufacturer loses profit on his
capital, the lsborer loses his wsges and
the producer If materials consumed in
lcses q market for his pro-
ducts. The manufacturers, In many In
to guard sgeint losses by low
prices caused BY an over supply in the
home market, are organizing trusts, and
combinations and pools to limit the
production and keep up the
prices. This vicious condition of busi-
ness could not exist with low duties on
Imports and orohioltory tariffs surro uud
he country with lines OF iDves ,ment snd |
prevent all relief from without; while |
trust combinations and pools plumber he |
people within. In country like ouIs |
prolific In its resources the large CAPT. |
taiist may by such methods keep his In |
secure
AND STILL MAKE PROFITS,
out what IL to become of the lsborers |
who are thrown out ef employment BY
he stopping of the wheels of machinery |
md limiting the amount OF product, and
what is to become, of the producer OF
to be consumed by the manu-
actureI! When the fires sre shut Of,
aborer and materials are shut OF at the
anne time and the market for both Is
zone. Whether they labor in the factory
,r field, whether they produce cotton,
wool, hemp, fax, coal or ore;
whether the product Of their daily labor
s cloth, iron, steel, bots OF shoes, they
must have constant employment to Obt.in
or themselves and families the necessa-
les and comforts of life. When ont Of
employment with their earnings cut
hort, with low prices for their products,
aused by the Gle sing Of the market, then
hey still must psY for Whatever their
oily wants require the prices which
THE TRUSTS HAVE FIXED.
W uob 10 tuc AemtuJ lUI tuls WIOuBB II
3 more extended markets for the sale of
ur products and competition in bust
ess. With active competition combiua-
ions and pools are Impossible. With
he markets Of the world open to MS our
nauufscturers may run their mills on full
ime, We constant employment to their
.oorers. with steadily increas
ng rate of wages. With the mar
els Of the world open to the
ale OF their products they will
g sn active and constant demand for all
aw materials required in manufacturing.
I will stimulate, promote and reward TIE
'ool grower and producer of cotton,
emp, fax, hides, ores aud other mate.
sls OIL manuf,c ture. The annual pr. =
uct OF our manufactures is now esti- {
late d at 81, 900 600 O. Or that amouutl
e export about sl36 900 600, or less than
per cent. II We can b an free OF GUY
,ch raw mate rails as We do not produce,
I'D can only be procured in foreign
untres, 5 mix with our home pro- +.
ucts in the various branches Of manu-
cture, We could soon increase our
lpor,s several hundred millions
CONGRESSMAN MILLS IMPROVING. Il
WARRINGTON, MsIcn 30 The condi- :
on OF Representative Mills tonight Is q
ported to be materially improved. Hell
,joyed drive of several hours this az
fnocn. r