The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1891-10-02

Inc speaker ana hIs aatelIiios. There had
been four years OF honest and econom.
ical Standardization the treasury con.
tained . large surplus; the famine wss
q IN end and great feast was about 10
be spread. Tho manufacturer, out OF
HON the fiat had been friedD in 'e8.
were there With tariff bill the subsi-
dists who had invested 5000 In Re.
pm ublican tsust certificates, were there
With . bill calling for dve millIona or
more annually for ten years; Mckay
and Emery we're there, and the business.
like manner In which the ireasury va
looted was surpriee. even 10 those en-
lgaged In It. They succeeded bey ond
their most sanguine expectations. Be.
fore the session was half over, when
some measure calling for : new appro-
prtation was up for consideration. the
cry went up from Peters Of Kansas.
"Wbere 10 the money to come from?
The surpIus is gone.' The .business',
men held . consultation. 1T won't dor
said one, Ito leave nothing in the treas
ury that was overhowing when We took
p0ssession. Another suggested that
there wss : trust fund on deposit n the
treasury OF moro than ffty millions OF
d0llsrs that could not be withdraw bv !,
ceetui que trust. and they might sppro.
pirate this, and they laid their legislative
nsnds upon i and transferred Il to The
general fund. and again proceeded 10
business. Al the end Of their career they
we're appalled, to hnd that they had 90. 4
propriated more than billion or dollars. L
They tried for short time to show that
'ne amount was not quite billion, butt
'oon ceased to offer any apology for this
nnpsralleled record Of extravagance. 4
They rather boast OF it now. This u I
biliion-doIiar country" they cay. ,
IL the people could fully realize that j
more than halt the money 10 circulation !
. wrung from them every year By On I
'ntust and unequal system OF taxation 4
Ind squandered, not simply in extravs. I
yant expenditures, but Ia the payment or q
nillions Of subsidies 10 corporations and 4
counties to private individusls-th theseI
men who laugh II the magnitude or their c
,nense would be begging for mercy st 4
he hands Of On outraged and indignant Z
'ublic. Notwithstanding the appropri. .
zion OF the trust fund OF over f(ty mil
ions OF doIlars for The redemption ofthe a
lstional bank circulation. when the 2
fessurer OF the United States prepared Z
lls monthly statement on the lrst day OF 4
June last showing lbe assets and lia6ili. p
lee Of the treasury, there We an appa- 4
'ent deficiency. The overnowing sur-
'lus was gone. Another business meet.
ng wss held. The treasurer's reportI
'ouid not be doctored. and II was deem. 4
q advissbIe that Il be suppressed ana IN
he future abandoned. The secretarv ~
ne treasury changed the form OF his ~
tstement thiA 10 iavorite method with q
nsolvent institutions : change the books. b
here we're twenty millions Of dollars in p
mall silver coin IN the treasury, which. p
eing legal tender TO the extent or only Il
ve dOlisrs. have never been included IN tc
be list OF available assets; this was y
10 the other side and the n
reasury made TO again show Z surplus. b
he revenues, under the operation or IN
he mckinley law. began 10 diminish g
ID there Was much speculation duripRl
1e last month as 10 whether the treas
rer would be able 10 meet the QuarterIyl
for pensions on the Let Of =.
eptemocr. The secretary was asked II,
lere Was not some danger OF this. .Oh.
Or said he, there ID hundred million :.
gold reserve that We might use ia - !.
'nchs and there are seven milIions TO -
'e credit Of disbursing officers that will -,
ot be called for right away. then there - -
. outsisnding checks for seven mil-Er
ons that will not Be presented right OF, =, -
d then We have i've millions Of post- !.
nee money that We might use." After ~
zee are all exhausted I presume he ~ !"
'uld raise . small amount By pawning =,