The intelligencer. [volume] (Lexington, Mo.) 1887-1891, 1888-04-07
THE TARIFF BILL EXPLAINED.
Many Advantages OF the Proposed
change set FOrtb.

Many Advantages OF the Proposed
change set FOrtb.
The report OF the democratic maJorl-
ty OF the WAYS and means committee,
which will accompany the tariff bill to
The house, cites that the surplus for the
last fiscal year was $50, 800, 900, and for
the current year is estimated at $751;
| OOO, 600, and saws: "With re-
ceiptS growing larger and ex-
pcnditurGs growing smaller, we
must soon gather in the treasury The
larger part OF the circulation OF the
country, to the great injury of its busi-
mess and the bankruptcy of many peo-
pie. Some method must be adopted by
congress to prevent tho congestion
which must occur under the existing
laws.
"Tberc are two wavs in which this
excessive accumulation may be pre-
ycntcd-we may reduce taxation to the
level of expenditures and leave i'll the
pockels OF the people all the moneys
not needed for public purposes or we
may raise expenditures to the height oi
taxation, seeking out new and useless
objects OF appropriation nn which 10
lavish the great and growing revenues
not needed tor any Legitimate wants OF
the public service. II we adopt the
latter course these very g0ou objects
Of useless expenditure will gather upon
congress in such increasing numbers
and with such growing demands AS IL
fasten upon the government perma
nenl ana Interchangeable policy Of eX-
travayaut and reckless appropriations
This policy once adopted will not only
breed corruption in public life and de
moraIiza,icn III private lite, but vii
compel, in periods ui depre ,sion, al
! increased rate OF taxation for the peo
ple or All Increase uf bonded debt tol
the government.
5 BAp EFFECTS OF HIGu TARIFFS.
! Then stating that ;here Is but on
safe course, reduction vi taxation tt
: the necessary requirements OF all honest
efficient administration OF the govern
Inent, the report discusses the question
upon what articles shall reduction d
made?r and proceeds: the COMMITTEE
hayc determined to recommend re
duc,iou OF revenues from both custom
and internal taxes. They nave care
fully kept in vicw at all times the III
ierests uf the manufacturer. laDorci
producer and consumer The blI
herewith reported to the house is nU
offered as perfect bill Many article
are left subject to duty which NIGH
well be transferred to the free list
Many articles are left subject to rate
of duty which might well be lesseneC
In the progressive growth OF our mai
ufaclureS we have reached pom
where our capacity to produce ~ lar !
excess OF the requirements oi our nom
CONSUMPTION. As "a consequence man
of our mills are closed, and many
those still in operation are running o
short time. Thi- condition Is hurtil
to the manufacturer, to the Iaboier al
10 The producer OF the tuatei Iais con
sumed in The manufacture. The maj
uiaclurcr loses profit OF capital, III
laborer loses his wages, and the pro
ducer of the materials consumed
manufacture loses u market Tor his pre-
ducts. Manufacturers, III many II
stances, 10 guard against losses by 10
prices, caused by al over supply III u
hOmc market, are organizing trust
combinations aud pools, to limit pro
ductiUn aud keep up prices. In
vicious condition of business could III
exist with Iuw dntics on import
i'rUhibitory tariffs surround The coui
try with lines of Investment anu pr
venI all reIlcf from without, while trust
combinations and pools plunder Il
people within.
REMEDY tOE THE WRONGS.
"In "A country like ours, prolific
ID its resources. where the rewards
labor are large, the capitalist may
methods keep his Investments secu
and still make profits, but what is
bee line OF the labUrcrS who are throw
out of employ ment by stopping Il
wheels OF machinery and limiting q
amount of the product! Aud what
to become of the producer of materla
to be consumed. by the manufacture
Whcn the fires are put ont The lahore
uud matrriais are shut off ut the sa,
lg time, and the market Tor both are gon
" neither they Labor Ia the factory
the field: whether they produce c"Ito
wool, he,np, flax, coal or ore; wheth
the product of their dniiy labor l. Ci"i
iron, steel, boots or shoes, they mI
have constant employment 1" ooin
tor thcui~rIvrs and families the nee
l., saries aud crini"itS "l hin When a
of employment, with earnings cut sho
with low prices tor their produc
caused UY ia" closing "i the mark
they still mn-i ny Tor whatever IN
daily wanrs require the prices win
the trusts have hHcd. Whit is
remedy Tor ;ni- wrOn@: II Is mt
extended markets Tor ia" safe OF Il
products aud constant ana active cot
petition Combinations and pools ;
limpGssiblc With the maj k"Is OF
world open to IL, our IndhIihc'Hr'
NAV run their mills on iuii time, :.
constant employment {" their labor
with "A steadily increasing rate oi way
With the markets uf the wnrld open
,hc sale ni Ihcir products they v
create nm active Aad constant dUma
for nll raw materials required III ma
ur.cturIn.. which will stimulate. p
mote and reward the wool grower n
the producer o. cotton, hemp, fl
hides, ores aud other material OF M
uiaCturc.
WHAT FREE NarFRiALS MEANS.
"The annual product ut our maj
factories il now estimated hl - ~
900, 600. OF which amount we exp
only about ?I3G, 900 600, or less than
per cent. II we could obtain free
duty such raw materials As we do
prudncc and can only be produced
inrrlpu countries and NIX with
home uru,lurl "a 20" various hrnuc
mruuttriu,r, ~ could ~n"n iirtr
uul exports several hundred miilIu