The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1891-07-09
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nssrsvss.sstattss,
Bsiots She s.ection last tsll msny 'oser'
usss iashissoa BY .bs psnasssBi asset
,ioss 10 Deneensse paper sbss prices
uosia be very much higher GO soeoups Of
The Mekialsy tariff Several ncntss
have ps..ed bot tho threstsned rise 10
prices. vita very loo eIeep,ions, has fail
"a 10 msieslslixa In fact great Macy
ibinss arc cheaper than etsr.
Ne9 snotber election 10 approaching
and We sgsiS soe the same attempt IT nis'
representation. The ehifi accusation |"
thai The Republicans hsvs squsrdered The
surplas sbd the treasury is bsrkrupi
Iinirue the Surplus has beea srestly
reduced but sbe opposition pspsis fsli to
uoie The ise, ih.t moe than s2Vo 0o0. 900
81 bonds have been redeemed sithiu The
tso ,tars. very good use Tor ihs surplus
The fac, thsi the duty on sugar, which
bfoash. ia toAsls iTesasr, So. 600 olO eseb
year. has been entirely Removed 10 never
mentioned BY thcse papers.
Cisulsne's last messsge vas entirely
devoted 20 40 attempt TO pross that ruin
stared the country 10 the face from the
enormous surplus 10 the treasury aud his
part, 10 congress vsinly attempted to mod
ify The tariff so as to prevent 9 surplus.
They proposed 10 remove only hsll The
da,y on sugar while the Brpubiicsns TOOK
Of tho sho!e duty. very materially reduc'
irg The price Of that necessity which Is
used by all the people
But the national treasury is by no means
bankrupt. The $50. 600. 600 Of bonds soon
10 msiure have been extended At 2 per
cent interest. which could not have been
done by any other nation. and could not
have been done here II there bad been the
sligh.es, doubt OF the ability OF the ooun
Try to pay the debt.
The most fault ia found with the large
amount paid to old soldiers and their
widows for pensions. The country has
been generous in this respect. but We
think not unreasonsbly generous. The
soldiers oi all previous wars have been
treated quite as generously. and It is only
because the numbers are now so much
greater that there is any thought OF pro-
digslity. II the large payments we're to
be continued for many yesrs the case
would be different. Bu, the war closed
nearly thirty years ago, and there sre very
iewpensioners under fifty years Of age and
com ara,ively few OF them will live to be
seventy. Twenty years will see very
large dimunilion 10 the number OF pension
ers and forty years will practically see the
end Of IL
The whole matter is being greatly mis-
represented as the two following extracts,
one from the Washington correspondence
OF the N. Y. World aud the other OF the
Herald will pbow. Oae says that pension
com missioners has been rushing through
applications with. the greatest possible
speed for the purpose Of using up the
whole appropriation; the other that be has
been holding them back for the purpose
OF turning AZ much rs possible OF the ap
preparation back into the treasury. Both
Of these statements cannot be true and II
10 probable that neither 10 true.
The Herald save: The total amount
paid for pensions for the fiscal year end.
ing yesterday was 1924. 4l4.ll037. OF
,hi. amount 90 Ooo, 900 may be covered
back into the Treasury, because $4,000
pensions certificates have been held back.
that their payment may come ont OF the
appropriation for the present fiscal year.
The focal year closes with $40, 900, 900 due
on pensions granted. In this way . def
ciency was avoided.
The World says: Commissioner Rsnm
has stopped at no device that would in
sure heavy draft upon the lspsiug sppro
pristion OF the fiscal year 1891. The force
has been working Of the highest rate OF
speed possible.
twill not be possible to determine for
several days yet just how much Of the
great appropriation Of Sl25, 0c0. 900 will
be covered back into the Treasury. The
amount will be as small rs Commissioner
Rsum can make it. and it is with great
regret that he has found himself unable TO
wipe it cut altogether