Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1888-05-21
! DOG S EXPERIENCE.
TIE "WIND-UP.n
Speaker Carlisle Closes the Debate in
support of the Bill.

oPSoAcA SaAhslc SiOS6s the OeDate
Support of the Bill.
The reception given Speaker Carlisle
when be resigned his seat this afternoon TO
reply TO Mr.. Reed was little short of an
ovation, and 1t was not confined to the
Democratic side, for the Republicans lent
ready aid with their hands and feet. 1t was
not to Carlisle as a POLITICIAN, but to Car
Isle as man. He spoke for nearly two
hours, and delivered it, figures and ali, with
scarcely any reference to his notes, which,
tor the most part, lay on his desk unused.
He hrst addressed himself to the general
proposition of the day He said that
neither party was prepared to stand up and
say that the time had not come when q re-
ducuon of the revenue was not an abso-
lutte necessity. Both parties admitted that
The difference, then, of the two great
parties was as to the manner in which this
reduction should be made And again,
neither party was prepared to stand up and
declare for absolute free trade No matter
what they might think was right in princi-
pie neither party was to-day contending
that absolute free trade was advisable or
possible. He did not believe there was
single man on the other side who would
not admit that all taxation was an evil.
Taxation, therefore, he said, should only
be such as was, required for the necessities
OF government. All that exceeded that
was rohb, ry-robbery from the pocket
books OF the people. There was, he said,
on the lst Of December in the vaults of the
Treasury Department the enormous sur
plus of $136, $4,000 in excess of all current
liabilities of the Government, every dollar
OF which has been taken from the pro-
ductive pursuits of the people.
THE ENORMOUS SURPLUS.
Stop and think of it over $136,O0O 900
taken out of the legitimate channels of
trade, and to what end? Simply to store
1t in the vaults of the Treasury. Why no
people Of the world has ever been so robbed
before. What monarch of modern times
would have dared attempt such thing?
The honorable gentleman from Maine, Mr..
Reed, in all the brilliant speech to which
this House has listened, failed to even
allude to the real situation which confronts
US We have an enormous surplus, sur
plus which is piling up day bv dav. That
increase must be stopped. How shall il be
done? That is the question that confronts
US to-day, and to which l ask all to address
themselves seriously. To my mind there
is nothing more dangerous to our institu-
tons than this enormous surplus, nothing
which is so threatening to good govern
ment. As | take it, we all stand united on
the proposition that the Government has
DO right to tax the people beyond the
amount needed for the just and economical
operation of irs huge machinery, but now
II We are to have this surplus, l hold that
there is no better way to dispose of it than
in wiping out the public debt. Applause
BOND PURCHASES.
The Treasury Department in the late
purchases OF bends Was compelled TO pay a
premium of 1886, 600 on the $4,000 600
purchased. Should this go on any longer?
In the presence of this situation we cannot
afford to quarrel over the details of how
this great end is 10 he reached, but hold
that in doing this the need of the MANY
must not be subjugated to the needs of the
lew. AS l take 1t the difference on this
question is whether it is the duty of the
Government to tax only for the amount
needed TO run the Government, or shall it
tax the many 10 aid private industries, for
hold that every dollar taken above what
is needed is taken from the pockets of the
many TO enrich the few. When the tariff
bill of 1857 was passed the same hue and
cry which is heard on all hands to-day was
raised then against that bill. Its passage
meant, 1t was said certain death to all our
industries; ruin, failure, and dissolution
would follow in the wake. Now what was
the result? 1t was continued prosperity.
renewed activity and increased enterprise
One man in 1918, working sixty hours,
could turn out products worth $3.50; one
man working sixty hours to-day, with the
aid OF machinery, could turn out products
worth $3.50. The laborer to-day was Just so
much better of in proportion to the value
of the product of his labor. A reduced
tariff meant reduced prices in goods, and
reduced prices in goods meant that labor
would get more for the money earned, and
labor was therefore better paid.