The Wilmington daily Republican., 1891-06-30
The Ro,hersoms SURPLUS.

AANHouAgs Ohis 1bNChll0 bhtlO NuS
too much of a surplus and the country
was sure to go to ruin; now there is
scarcely any surplus and the country
Is nearer ruined than ever, they are ex-
tremely hard to satisfy. Nobody was
more vigorous in 1887, in denouncing
the evils of a surplus, than President
Cleveland, and his ideas were yigor-
ously carried out and enforced during
the campaign OF 1883 that defeated
him. He then declared that the sur.
plus amounted to s55,25s, 70l, and that
by the end of tho fiscal year. June 30,
1883, it would amount to sl13, 900, 900,
and that, added to other prior accum-
ulations, it would be Sl40,00 100000.
He denounced the policy of accumu-
lating a surplus by which the Treasury
idly held money uselessly subtracted
from the channels OF trade" as a per-
version of its purpose, as Constantly
producing the Same alarming cireum-
stances-a congested National Treas
ury and depleted monetary condi-
tion in the business of the country"
The surplus was q wrong to the peo-
pie and peril to the country.n
There was much more of this kind
OF talk in the Presidents stilted style,
and yet We must confess there was a
great deal of truth, and had common
sense in what he said. His language
then applied to tho raising of revenue
by tariff on importations, in short he
wanted certain tariff duties removed,
and the country reduced moro nearly
to free trade basis.
| e1Well, he got his desires. A RepnblI-
can Congress, which followed his ad-
mlnistIation, reduced the duties on a
number or articles and tho revenue and
surplus grew smaller. Naturally an
Intelligent man would think that
policy which.abolishod this danger" {"
this peril, this wrong" would meet
the approval of Mr.. Cleveland and his
Democratic friends, but somehow it
don't do it.
By the removal Of the sugar duties
the revenue has been reduced at the
rate Of $50 10000 Il year but this meets
with no approval. And there many
millions more have been spent
Vim building navy, in repairing rivers
and harbors, and In building of public
buildings, thus scattering the denounc-
ed surplus throughout the land, send
ing it into She pockets of the working
people and through the channels of
trade, but this condition Of affairs is
apparently us unsatisfactory TO our
Democratic friends us was the existence
Of big Surplus"
Nearly every day the country is
Hooded with highly dispatches
from Washington stating that the
heavy payments now being made will
soon leave deficit in tho Treasury, or
at the very least will reduce tho bal
ance to dangerously narrow margin.
There IS no cause for alarm amongst
the people. Every honest claim
against the Government will be paid
on presentation. Not one cont will 90
to protest. Still all these millions
that so alarmed Mr.. Cleveland have
gone back to the people OF the coun-
try and much lower duties are being
collected than before. This is lust
what Mr., Cleveland wanted and yet he
is not happy.
There Is no accumulated surplus
now and his followers are miserable in
their minds. Well, we do not know
what to do about it, When Air. Cleye-
land and his friends complained of
tine surplus" that should have been in
the pockets of the people, Rcpuhli-
can President and a Republican Con-
gress promptly put 1t there. Still the
same grumbling and fault finding goes
on. We really do not believe Mr..
Cleveland and his friends know what
they want. and SO we will have to let
them alone and let them grumble il
out. Republican duty is plainly to go
Oh as it has been going.
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