Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1890-04-17
HERE IT is.
MCKinley'S Long Heralded but
Feeble Effort
TO HOODWINK THE VOTERS.
A Monster Bill to Protect Protected
MOnOpOlieS.
A BOUNTY PUT ON SUGAR.
TO HOODWINK THE VOTERS.
BOUNTY PUT ON SUGAR.
Tobacco Free but the Poor Mans Coat
Taxed Higher Than BeiOre--NO Reduc-
ton of TaxatOn-The MinOritys
Ringing Criticism.

afternoon. The majority report begins
with statement of the financial situa-
tion. estimates that the surplus at the
end OF the present fiscal year will be
S92, 600. 600, and deducting the sum re-
quired 10 make payments on the sink
ing fund, the net surplus Of receipts
over expenditures will be Si3,G7S, $50.
The estimated surplus Of the next fiscal
wear will be Sf3, 500, 522, which, with the
amount OF the cash now on hand and
available (reaching 10000, ,000l, will
Justify a reduction Of the revenue in the
sum contemplated by the bill reported,
$50, g36, 93G, and probably more, from
customs, and say SO, 327, SIS from inter
nal revenue. or total of S7l, 26i,4li.
THE EFFECT VERY UNCERTAIN INDEED.
This majority report says: The exact
effect upon the revenues of the govern
ment Of the proposed bill is difficult Of
ascertainment, that there will be a sub
stantial reduction. as we will show, ad-
mitS of no doubt. 1t is not believed that
the increase of duties on woods and
upon glassware will have the effect Of
increasing the revenues. That would,
of course. follow If the impOrtatiOns Of
the last fiscal year were hereafter to be
maintained which, however. is altOgeth-
er improbable. The result will be- that
the importatiOnS will be decreased, aud
therefore the amount of revenue col
lected from these sources will be dimln-
ished. In every case Of increased duty
except that imposed upon tin plate,
(which does not go into effect until July
/. 1891 J and upon cotton fabrics, the
effect will be To reduce rather than to
enlarge the revenues. because importa-
tions will fall of
ITS TRUE AIN TO ESEICH MoNoPoLISTS.
1T was the aim OF the committee TO
fix the duties upon that class OF manu-
featured goods and farm products which
can be supplied at home so aS to dis
courage the use of like foreign goods and
products and secure to our own people
and our own producers the home mar
kct, believing that competition among
ourselves will secure reasonable prices
To consumers in the future as it has in
variably done in the past. We seek by
the increased duties recommended not
only to maintain, but 10 enlarge our
own manufacturing plants and check
those supplies from abroad which can
proftably be produced at home. The
general policy Of the bill is to foster and
promote American production and di-
versilicatiOn of American industry. We
have been as much concerned about the
prices OF the articles we consume as we
fA "a a.
home production that shall give fair re-
muneration to domestic producers and
fair wages to American workmen, and
by increased production and home com
petition secure fair prices to consum-
ers.''
FATAL ADMISSION.
The committee admit that free trade
or revenue duties would temporarily
diminish prices but argue that it would
be at the expense Of the domestic pro-
duets which would be displaced and
then prices would again advance and the
country be left at the mercy Of foreign
syndicates and manufacturers. The re-
port says: Cheaper products from
abroad to the American consumers mean
cheaper labor at home and lower re-
wards TO the domestic producer. with
no permanent benefit to the consumer.
Neither condition would prove a bless
ing to the United States. The country
is least prosperous where low prices and
low wages prevail. One Of the chief
complaints now prevalent among our
farmers is that they can get no price for
their crops at all commensurate TO the
labor and capital invested in their pro-
duction. Those who differ from MS
must believe that even further agricul-
tural depression is desirable. f0rno other
consequence can result from their eco
nomic theories.
WILL LOWER TAXEs cHEAPEN THE fARM-
EE'S WHEAT?
They advocate cheap prices as the
chief object of the industrial policy they
commend to the country. This means
permanently low prices for agricultural
products rs well as for manufacturer
goods. This bill IS framed in the inter
est of the people of the United States.
1t is for the better defense OF American
homes and American industries. Am
ple revenues for the wants OF the Gov
ernment are provided by this bill and
every reasonable encouragement IS given
to produce enterprises and 10 the labor
employed therein. The committee be-
/ lieves that inasmuch as nearly 800, 600,
900 are annually required to meet the
expenses Of the Government it is wiser
TO tax those foreign products which
seek a market here in competition with
our own than to tax domestic products
or the non-competing foreign products.
WELL. WELL. WELL.
The committee responding as It be-
/ icves. to the sentiment OF the country
and the recommendations OF the Prcsi'
dent, submit what they consider to be q
just and equitable revision of tariff
which preserving that measure Of pro
lection which Is required for our indus
trial independence. will secure a rcduc
tion Of the revenue both from customs
and internal revenue sources. We have
not looked alone 20 a reduction Of tho
revenue. but have kept steadily IN
view the interests OF our producing
classes and have been ever mindful Oi
that which Is due TO our political condi
tiOns. our labor and the character Of oul
citizenship.
An IMAGINARY DANGER.
We have realized that a reduction oi
duties below the difference between tho
cost Of labor and production In compet
ing countries and our own would result
either in the Abandonment OF much ol
our manufacturing here or in the de
preston Of our labor. Either result
would bring disaster TO the cxten: ol
which no one can measure. We have
recommended no duty above the point
OF difference between the normal cost Ol
production here, including labor and the
cost Of like production IN the cOuntrie.
which seek our markets, nor have w
hesitated TO give this measure Of duty
even though it involved an increase
over present rates and showed an adj
yances Of percentages and advalOrcm
/ equivalent.
We have not sought to make a uni