Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1888-09-19
THE SURPLUS RESTRICTS TRADE.

At the rate of several hundred thousand
dollars every day and night the money OF
the people, money which they need IN
their business is being poured into the
public treasury where it is not needed.
TChsers. To relieve the treasury from
This enormous amount and to prevent dis
aster TO the business of the country, the
administration is compelled to purchase
ths outstanding bonds Of the government
at an enormous premium. Within the last
few months q million dollars OF these
bonds have been bought at pretnium on
the 4 psr cents. Of some 25 to % cents on
the dollar, and on the AIS at &, and 8
ceuts, so that tbs tondholder Is by reason
Of the unfortunate situattsA ir when tine
laws have heen left, taking from the people
millions and millions Of dollars In excess
of the amount, which his obligation calls
for, and our friend, Mr.. Harrison, in his
recent letter Of acceptance says that this
process should 20 on, and the money
sbould continue to be paid to the bond
holder.
JOHN saERuAs's INCONSISTENCY.
Mr.. Sherman, the former Secretary OF the
Treasury, takes substantially the same
ground, and eritieises in harsh manner
the action of the present. administration,
in depositing part Of his money IN the
National banks, that il can be loaned 70
the people and 90 thus into the channels
of trade. The records Of the department
will sustain the statement, that while MI.
Sherman was Secretary Of the Treasury, ne
had at one time in singls national bank
more money than this administration mas
to-day in all the national banks OF tne
United States. [Cheers. Now the great
ouestion Won are to decide is, whether
this system of taxation shall be continued
| indehuitsly, or whether the country VIII
return to the methods of taxation, which
preyailed ia this country before the war
For the first time in the history OF this
country, % far as / know, the Republican
psrty hiss substantially declared IN III
platforms in favor Of reducing ths revenue
by increasing the taxes. IApplsuse and
laughter
REPUBLICAN CHEAP WHISKY.
II declares that it deems it necessary te
reduce the revenue by checking the I'M
norts of such articles ~ can be made here,
and II that is not sufficient, it will repeal
the whole internal revenue tax on whisky
rather than surrender any part Of the pro
tectiys system. It might rs well oe saia
that a man can make himself rich by pick
inc his own pocket as to say he can increase
his wealth ky imposing tax on himself.
Applause
In addition 10 the facts thar thiS system
Of tsxation is imposing enormous and un-
necessary burdens upon the people; that 1t
bss secamulstsS in the treasury lsrge sums
of money, which ought to be IN tne nsnds
Of those who earn it by their lapor ana
skilI, it is the parent Of trusts ana comei-
nations, and conspiracy to control products
and prices OF the necessary articles Wnlrh
the people are compelled 70 nee.
see Mr., Blaine, who seems 70 se tos
nontbniece of the Republican party, has
oivsn Quasi endorsement st least to these
oononolies. 7 believe that when q man
sstsnds his own funsrs, pc ought 70 Dc
.IIoved TO 20 at the head Of the pseesssion.
TIsuqh,er and applause But 1t seems
Mr. Harrison is not to enjoy this privilege.
Applause.
nj ATyE gays TRUSTS ARE PRIVATE
AFFAIRS.
Mr.. Blaine is the great central figure in
the Republican campaign, aud he tells the
neoule in the face Of the platform OF his
party, in the face Of the declarations Of his
political friends on the stump and neigh
bors. thar these trusts are private
affairs In which neither the Presi-