New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-03
calculated 10 place the United States service in
vance Of all competitors.
WHAT MR.. WINDOWS REPORT SHOWS.
\ STRONG FINAXCIAL POLICY SUCCESSFULLY
PURsUED-COMpARIsO WITH MAN
NGNG.S ADMINISTRATION.

NfNG'S ADM NISTRATION.
Washington. Dec. (>pcciab.-The report Of tho
secretary Of the Treasury. Transmitted to Congress To-
day and printed on pages H. l. and Is Of The Tr.b-
viii repay careful study al the hands ~ those
Who accustomed to discard authentic soarcc, and
depend fer an account of the management Of The VA
tion4l finance, upon what may drop from th' lip, u
irresponsible nonicheuls on u" hastings and else
where i'm t'c course of q heated political campaign 70
such people. who have derived their Inspiration at
second la"d. il W"rc tho report OF secretary Nm
dom viii prove something of a revelation For years
they have listened IT," arraignment Of the Republican
party FOR H. supposed hostility 70 any ncrcssc Of the
volume # money in actual circulation. such hostility.
they told, va policy pursued M the Interest q"
The hondl ,lGcr~ Of the money lending ct-~c- OF 'a'
Eat against the W,-t. II Wa. I'm fact ~o n'
leaders Of the Democratic party assured thrln con
spray t. make the rich richer ana the poor ppor'r-a
fitting adjunct - the montrou~ burden imposed upon
the many for the benefit Of the few los " Roh5cf
Tariff" Thee aud similar assertion they hoard so
often without paving any heei to contradictions which
often followed with coTmondabc pr0mptucss Thar
they finally came t. believe them. What VIII be Their
a-tOnshmcm when thcy read Mr WINDOWS Wpori
without prejudice with the single object IN view
Of arriving al the truth % the matter.
II woud Zee namicstly Improper i'm secretary Win
dom - attcmp; - introduce the element politics
in annual report Of the operations Of the Treasury
Depart uIeut and Of course he doe not do It the
document under discussion rs matter VI fact. he has
no need Of r,,eortiug to method, which seem 10 com
mend themselves 10 IN" colleagues % M, predecessor
tie which b. subnt- speak for them. elves and
comment on h- part would be >upcriuous. II would
BE- Ike gliding The Ntned gold aud painting the NV "
lie has embodied In Ms report however tables
on The subject Of "crrulaton" tl.d he vino Rms
may read. And 1t l. 10 these that especial attention
is directed.
The inst table shows that during tho last twenty
NJ d lfi
S72T7G0 100 or an average monthly increase duru,
that period Of over sN}.OOoOOO The second table
shows the circulation" far The last ten years and
prove, that il was steadily iucrca~inc durrS that
period one must turn. however 10 tables No , and
No d. in ordcr take AT glimpse the story told
by Nr. Wiudou> figures The first seven months Of
a Democratic Administration are compared with the
corresponding month, in Republican Admins
grafton. OF. D. h'hcr words. wl1t
compl,lod bv Secretary Manning u the of
putting the money of the Treasury into circulation
among the people set opposite the record made Dr.
similar direction by the Treasury Department under
It's present management 40 one r.mculr.iiu- She
accusation, launched against the Republican party Us
Democratic d"maGoIus, 300 and ont ~ C0u+rr-~ cam
help wondering at being confronted win the hIirc-
which show that instead % increasing the droula on.
a Democratic Administration actually managed - dc
crca~" during the period just mentioned Of the rate
of atout ~ 10000 mon.h. This may have been
policy ia the interest Of the "O'btOr tlt-~, OF IN"
Wet which clanI9isI for more money and "cA"aper
money, - the poor. and mor. especially Of th"
farmer Sit. Il . va. u took strange forms and
s;il stranger practices Perhaps 4 WI, . covert
took on The protective" system which IA bdlt up TIE
Industries Of tts country. by pliGs up au cnoru.'u
surplus IN tie Treasury Perhaps il Va, 4 movement
! IN the interest - the bCndholde.>- who can tell
Hero A. aIv rate. the rcute, and tAcy SLOW
tlst with precisely me fAoilc- ~ their conn and
which Republican in.s'rttion rad. Demo. ~u
PTcsider, and Democratic SECRETARY - 'lr 1r"D.ir'
refused deliberately 10 nut the money ~ 'hc INas f'
| in circulation among "a" people Upon D., o.A.r
ground can the rf ,al n Tho Treasury IN - -
purchase N-nd- h"cllsc ~ N ALLEGED doubt - 70 q"
| powers vested u IL" Evccutiv'. h" eNN.t '4 lI"
pocy 4 Keeping the .urpiu- 49, ow Is p:a''I'1Dh h
he purchase rf Tui'bl states bonds, carried HHt co.
s's-~t nv md with caution bv secretary Niudpr. IT
co,nrend Itself 10 al thoughtful and t-pe~. 'rpt-
critic of ile pr sent Adutista'Ia q =. treasury
! Dc9a,tn-ut. II i- ono ony iIf pro't' t 81. inD
nrOrtant 0f M many ;dr -llr feature ot ID" .u"r'o
! policy which Nh Window has SUGGEST Us p'r-I
Note-ty. qeTheIs. and r"- dining sons" ~ .H'
proprlc' eS tnay have prevented him fI'm 0Nplott'-
IN political lcnse his acllcvrm"u. IN tis direction
hn' - NAV 10 uo harm - draw attention - j. her,
FOR other feature tie report must peak for .'clf