New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-02-12
SENATOR ALLISON ON THE SURPLUS

SENATOR ALLISON ON THE SURPLUS
The Surplus was the final toast 1t had been
assigned to Senator Allison. who. IS President
Bartlett ay,ly said required no introduction 10
Eew-yerk Assembly Mr.. Allison was received
with great cheering. and despite the atenesSs VI
the hour, his speech throughout was n''0" "
with close attention. lie silo
Mr. PRESIDENT AND GENTLEMEN OF THE REPUBLICAN
C1up mnsr thank you have. Tor the soruahsy
with winch you receive ne 1t this moment "'s'u "Ae
cut my hsd one in nv p"ckt DIV nave "o@
Eaaghtsrl Bat a-surc yoa that hiAii hs' >sA s'N ~
break the sssbath Tor me-
II gives have an opportunity on ,s oc"~
son 10 Rspubl Of the city OF New-fork-sn
the trbntss TO our great leader
Of quarter If wish to pay now ANA mere
my tribute his memory want 10 say 10
nv friend Warner Mner-I speak to him thus aniharV-
that surround him a. Western senators
do not live very near lLaughterI II takes four
DAYS 70 reach that poat friend from Nebraska
from VII rs-myself live
No JEALOUSY OF NEw-YoRK STATE.
want to him and ntiemen that we have
no ieaeu<y the Imperial state Of NewYrk tApoans@J
prosperity as We are sure 70" rejoice In
ours "a Good - and we live In broad iand
NJ pentup Utica contracts our powers
Laughter amt applause
Tie toast whch by your net one very
prolific sentiment aud vet it has been 50 ID
H. ateiy re ased VITA Government from Its be-
gnnils Republic alluson eau be made without
historically teaching the qualities OF the hepuonc"u
respects the management OF our nhahCeS Us
] believe. sentiment originally MT red by that
great citizen OF NewYoik Alexander Hanii on
Icheersl he nrst took the pace OF secre
tarv OF the Treasury under George WASHINGTON
1t was TO hrs mastery skin and mastery
ability that Of Government in its very be-
ginning were from their dreadful! condition
curious commentary upoa the situation
OF toby thar second act OF Congress.
pas-ed IN 1879 begaa vita whereaA that 1t
is support of The Government for the rs
charge OF debts OF the nited States and Tor
tn, enoOuraseme and rrotrct0" OF manufactures
tia. duties levied upon imports ZAP
plause1 No constitutional scrupI-s prevented
our iorosihers protecting American labor AM AM II
can Industry. that that the Administration
suc,e the rock of oar Ma onAi resources run
winch OF revenue gushed iorth' an" 'h0 /
PRINCIPLES by Alexander Hamilton and followed ny
the Congress with intervals OF Tree TRADE Gu
tinued from that moment until Grover C.rve-
laai took the oath OF Office IN ISS9 |
Hamons task at the beginning OF the Government was
cre daily compared whai it became N 1851 The
Republican party into Eor without siHSle ""T ID
It's treasury without practically because the funds
by the extent OF ten millions ony hao
been streets Of NewYork and refused al
rate OF 10 per cent per annum OF Interest
THE HAND OF CHASE FELT.
THAT was the condition affairs when millions of meu
had THE Republic from DISSOLUTION 1t
was the OF salmon ?. Chase applause that
re ONO. who appointed TO the treasury
Department by MI Lincoln that mainly guided
through perous period the great financial system
Of our Co, which FOR the purpose df
N intaning les and naNie5 This system : /
practically Che system of to-day. (lheers)
Now in 1878 surrendered partially thls power The
House that public branch of our
Government uHde Constitution o. our fathers has
the right ID the to inaugnrae measures
Of revenue Tor reducing revenue or for IN
creasng II in 1873 that the Democratic
party bv methods will not portray here secured
majority in Of Representatives. They held that
majority but OF interval with but Two years
Intervening FROM that moment until now
WHAT rHE R PUBuCANs DID WITH TIE QUESTION.
In 1851 or 1880 elected President Gar
elected also with hun majority IN the House OF Bop
held the In that House during TWO
years; and during that Two years there being Hsn
growing surplus Ooth hon of Congress
addressed sct AMI took OF taxes
10 the sx 90 1881 In 1888 the Demo
Gratis power in the House, an icy hold
that power tins d4y. Then who Is responsible Tor
the situation Who is responsible for IT, whatever
nmay sherman very truly says. they nrver had
q surplus and hew to get It, lLanghterl They
would legislation OF the RepuO-
hcan party. lCries Of Good"l
Now then. eomo to this question OF the surplus Is
therea Republican believe that the surplus
should redueed There two E1uds OF surpIuses
one accumulated surplus that has run
in the Treasury not being ex
other surplus Treasury which from the
excess of the Government IT
the confusion these ideas that has led
President Cleveland astrsv great man
A. he H. according TO MI Lowell. Laughter
s3 this there aecum uatee surplus,
probably the first day OF Jny next that aecen ui
ted surplus wall be- from 100 t. 40 mItlons OF dollars
But are o Ia order u rid of
surplus find sther proper way TO get nd
Of It's Surely We change our revenue laws
for the purpose of getting rid OF The annual
surpnsha is the surplus Inch accrues fr" year TO year
asd expenditures will take the state
Administration md from viii show you
by their cacuat they make the snrIlas only
s55OOO.OOO al loh They Oyerestimae the income and
expenditures "A voice OF c"urse they do y
Their appropriations OF tins Will be in of the esti
maes Of he Government and the income VIII be less than
they estimate IT. IT is not lar TO estimate "ao "oo
That - reduction which should
take During This Congress and here the measure OF
tie suIpus exclude accommodating surplus already
Democratic responsible for this t
D Of 90 in the only place
whore any reduction could be effected
THE PEOPLE AFFECTED by THIS STATE OF THINGS
Who is affected by this state We
In 1880 thousand million dollars worth Of goOis
merchandise It's estimated IA last year mann
featured thousand ms!IionA Now wsaid there
any trouble about reducing this sarDiusl Would
there disturbance over rius oountryi Would
there be restlsssness IN our business anc IN
manufactures and railway transportation Ger
iainy whyi Because they would that the Re.
publican party take off this reveuus, -
take of, without disturbing a single indus
Try country ane manufacturers would be at
peace ana The shorers In shops would
work without feeling that representatives at
shinston were secretly Blo,tng dslura Destroy
great industries which produce OoO An
nuzly.
Now then, IL this
turbtnce to-day Of tle
tariff and the only ru,asay
is that shall follow % well given
end here and 70 IL that inis twvs or
this Denocrauc majority n she Iiouss
of Representatives H. shall be wiped out Al
the next election 1888 and the Republican usrty
placed again In power In both houses and 10 the
White HOUSE a Repabheaa President then tAsse
revenues promote encourage ssd
protect" language and second
The United dvsrained ndnstres aud q; the
roiucs ravepua fIoad