Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1890-08-01
THE LAST OF THE SUN
PLUS.
ArrAII.rH At THEIR OwS ExFnAvs

GANCE.
a very animated controversy is
now going On among the Rcpubh.
cans rs to whether their party is go.
ing to run tho expenses of the Gov.
crnment next year up to $50, 900
600 above tho receipts or only $40.
0O0,0J0. There is no doubt, accord
ing to Republican authorities, that il
tho Fifty.l'irst Congress does not
stop right where it is and rctracc n
good many of its steps tho cxpcndi.
lures next year will greatly exceed
the revenues.
1t is true that n fow Republican
papers whose editors have received
Offices from Mr. Harrison pooh pooh
those facts, but if we follow Senator
Allison, Major Carson, clerk of the
Ways and Means Committee, and
tho editorial rnge CT the Philadel.
phia Press, we caunot he accused of
any partisan misrepresentation of
whit tile Republican party in Con
gross is doing.
Mr.. Cannons protcstutions that
everything is ull right aud that there
will be plenty of money do not make
much impression on us, because
twico last winter, when tho situation
was not nearly 30 threatening rs it is
now, Mr.. Cannon himself earnestly
admonishcd lis fellow Republicans
to moderate their rapa ity lest They
should gut tho Treasury.
Senator Allison's statement last
week in the Senate was tllut the rcg
ular appropriations then made or
pending, together with the pcrma-
nent appropriations for interest, sink
ing fund, the support of customs
service, etc., for the year now com.
mcnccd would aggregate $3.50, 900,
600. The receipts estimated by the
Secretary Of the Treasury before the
Mckinley bill wus pcrpetrntcd, aud
including the earnings OF the Post
Office Department, arc 3l50,000, 900,
showing proposed expenditures of
$9.o90,000 more than the revenue ns
ut present collected, and without in
Guiding appropriations not made OF
pending, but TO which tho party in
Congress is committed
But The Mckinley bill, according
to its promoters, is designed to re-
duco the revenue about $4,000, 900.
The estimates made by Democrats
that the bill would actually increase
the revenue rest upon the nssunp
ton that i'll spite of il importatioms
will not materially decrease. But
the Republican members Of the com
mittee intended to put the figures
high enough to stop importations
and they believe they succeeded. AS
the bill knocks off Sjl,000,00) of
sugar duty and pays out five or ten
million dollars for sugar bounties it
is quite possible that the commit
toes estimate OF The result OF the bill
will be realized. Nlnjor Carson osti
mates that the bill would reduce the
revenue at least $50, 0,Oo0, 900, but we
see no reason why we should not
take the estimates of the chairman
Instead Of those of the clerk of tho
committee il we are to tako Rcpubi-
can estimates. With the Mckinley
bill passed. then, and 10 additional
appropriations, the expenditures
would exceed the receipts ;579,000,.
00J.
But there are other expenditures
to be made. What was the good OF
passing the dependent pension bill il
no money were to be disbursed un.
der it? The cost of that bill WAS not
included i'll Senator Allison's state.
ment. Senator Davis estimate of
tho cost of that bill was about Sl3,
o00,OO0. We have already given the
reasons for believing that this bill
cannot cost less than S60,000, 900 II
year, and we have stated, what we
know to be fact, that estimates to
tho same effect were mado in the
Pension Office and shown to Mr..
Morrill, of The House tension Com
init tee, but he did not dare uso theul.
Add sG0,O00,000 to sI9.O10,00O
and you have 9130,000,O00 excess Of
appropriations over receipts.
Ilitf nx-nr fl,., ,,.t Ill