Daily Republican. [volume] ([Wilmington, Del.]) 1874-1890, 1889-12-04
The Daily Republican
WEDNESDAY. DECEMBER 4, 1889

THE Presidents message has been
made public and is mastery produce
ton, entirely different TO the weak
etfusion we have had inflicted upon US
during the four years of Mr.. Cleve-
lands administration He recommends
revision of the tariff, but is strongly
in favor of protection. His views on
This matter are the same as those of
the majority OF the citizens of this
country, who are in favor OF increas
ing the duty on many articles that can
be manufactured IN this country, and
reducing or abolishing it altogether on
such as we cannot raise or manulac.
ture. He is also outepOken in refer
ence to pensions, and is in favor OF
considerable liberslity in this direction
He is also in favor OF the removal of
the internal revenue tax on tobacco,
which he says "would relieve an i'm.
portant agriculture product from a
burden which WAS Imposed uron it
only because our revenue from customs
duties was insufficient for the public
needs"
There is no doubt but this tax should
be removed, and the sooner il is done
the better. The Government does not
need the money now, and the amount
received from this source only serves
10 swell the surplus, which proved
such q terrible nightmare to Mr. Cleve
land. President Harrison is also in
favor OF removing the tax from spirits,
used In the arts and manufactures.
provided it can be done without being
open to fraud. he also expresses his
views very fully in relation to the
coinage OF silver, and gives an ex-
haustive account OF the amount coined
yearly and It's relative value. The re-
ceipts and expenditures OF the Govern
ment for the past year are given in
detail. showing surplus OF nearly
torty five million dollars. In view OF
this he recommends that Congress
shall give immediate attention to some
means OF reducing the receipts OF the
treasury TO the needs OF the govern
lnent as closely as may be In con
hnuauOn of this matter he says
The collection OF moneys not needed
for public usts imposes an unnecessary
burden upon our people and the prest nee
oil so large surplus in the public vaults
il disturbing element IN the con iuct o
private business. II las called into use
exped ents for putting it into circulation
Of very questionable proprieiy. We
should not collect revenue for the pur-
pose Of anticipating our bonds beyond
the requirements of the sinking fund.
but any appropriated SURPLUS iu-Iht
treasury should be 80 uted, as there i,
10 other lawful way Of returning Ii,
money 10 circulation and the PROM re-.
led by the Government nficrs rs sui,
stantial advantage. The leaning o
public funds TO The banks without in
terest upon the security Of GoScrumeu'
bonds, | regard SIS an uuauthCized an
dangerous eHpei!eut. It results
temporary and unnatural il crease VI III,
banking capita OF favored l0ca lilies eut
comprls cautious ard gradual rtcaA VI
tie deposits to AVOID imufy to The con
lne-cia Interest II IS not to bo rN
Itctcd that H. bauk- Lsvirg II rae AZ
posits will sell their bonds 10 the 'fcasur
30 long as tile present hi hly beneficial
arrangement Is continued
Other matters of public Interest ar
fully discussed. and taken thruuShou
the message is one Of the best an
most comprehensive that We LsV
been favored WITH !or years.