The Forrest City times., 1888-09-01
POLITICAL TOPICS

Little Trnct on thc Tax Issue ihe revenues Of onr federal government iu ioc hseal year ending June 3l lsss amounted 10 The vast total Of ss5a, 0Oo. OOo ,ncre than si,o0o, ,o0O day. The whole bur. aeh or this taxation was borne by the con. s1meY.
 Although the soverument ernsnaitp-s ,or saa,ssar vas extraordinarily large in many s9s-aSior instance, in tue payment of pen. sions, the building of c new navv, and other ' oeperfment lines-yet thIs revenue was an exeess of our needs by silp, coo Oea. Tnoae figures represent the amount unipstly wrunS Tom ths people in that one year through the continuanee of war taxation in time Q, peace
 At ths commencement of the fiscal year fin question there vss already a qreat surnius in .ss .euefai treasury. and if this $ll9, O00, 600 ,t excess 6ad been added 10 lt, and retired rom circulation, wide spread disaster would nave followed But the democratic admInis. rstlon of the treasury department Ina, 50 managed, through the purchase of bonds and lne placing Of money in government deposlt- ories, as to keep the treasury surplus down 70 matter or $led, 00O 0oo. But this evaslve policy Is now difficult, Il not impossible, of eontinuance. The circumstances arc full of coDfronts usn .. fac Democratic party seeks the remedy fin tAe reduction Of taxation. Of our total rev Snd Snae LOT Inc year referred to moro than s2i0 o1VVO came from customs duties ard iess Inan sl25, 900 from "internal revenue1 ne democratic party proposes by the Mills oill, 10 cut down the internal taxes hy somr sso,O9O, OO0 and the customs taxation by some sS9VO,0 0lo making total reduction of about vJo0oo. The first item it secures by talk fXnl4H from AREanaa. iactured cigars and cigarettes. The second uein ls distributed as follows. Articles which paid duty last year amounted io nearly s2O. vOO,oOO arc placed on the free list, and there s reduction in tbe tariff on articles ,tllI autiaOle aggregating little over S31 O0l OOO me average tariff as now existing, is over s1 per esntum. The average tariff under the Mllls bill would be over 42 per sentupl
 inst IS The democratic platform. The re. puphean platform is SO shaky and variable that it IS ofticult Of description. Ever since ssy sas war .ney nave been publicly promising ,eouet'on ot taxation and privately opposing IL At Chicago they solemuly declared tha, Ihey did not think much of a reduction was heeded any way; but that, il it should be. e9nle necessary, the tax should be taken off os WHISKY e-u continued on the necessaries oi .rc, Since then they have become terribly Frightened over the great popular approval with which the Mllls bill has been greeted. ,hes orc In panic.
 Tho republican managers are in panic. In the senate many of them are trying to persuade the others 10 absolutely overthrsw the Chicago platform, and to intfodnce a re- ducilon hiil cf their own by way of substi- ute not with any expectation or intention of jls passage, but purely for buncombe. The Eight among them is fast and furious Agree. ment, 1T reached ct all can be had only under The caucus whip aud the peril of the situa. uon. Driven from every position they have hitherto taken, they now profess to propose 10 become tax reformers
 Meanwhile the country waits for their ad- Yertised substitute, Cthcinnau Enquirer.