Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1891-06-15


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zssc . ss A. rIse.s~:- ~.
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sss...i~s..s s..;..ss es.seisifv inr1ss ~
| ~ -. = n. a.ss6e 49,. - nrsare-
~ e ~ ~ - ebusanne d q -.
tiops a. ths coan1sy, asd gave in1ies1lnns
| II - Aishest rRsspss1fy. ~ aefR -
Ctimesn war ard De Irish fsnlns ~
| ended snd fhe ps0duexion 81 H. rsscie0s
netnle had beeeoa bsss sayid. ~ stgBs u
proaperiey vesp NJ q great. InAies13oas
| 81 6nancid enbaefsss9sss thsn bsgaA -
aopea.. apd ponndily lacssased until ~
rfess financial d;sirsss Of 1857. which
caused universal distrsss, suspsnsaoa foR .
dne Of N lie haaks in the coun1sy, fsil
are az thousssds d nesehaass ed easeA
pcca IN neYesn9iIs and connsseial bssl-
ness. An msnufactufing esss1liaA9gns
were closed and buainess Of evssy Kind
vss paxalys ed. Yet ths advocates Of low
revenue tsriA claim that the coun1sy was
pfuerefous in 1857, had Q surplus IN TIE
sreaeurv beyond he wants Of Tie eoveRn-
mene nd That tie SURPLUS vAs increasing.
though our public debt which in 1850 Vas
s6s 554 773 IS, remained unpaid ard grad
u4lly Increased until 1850, when Il was
asa al. as7 IS. Durine he deesde, the
revenue wss fnsufncseat to pay the
expeuses Of the aorsFumsEt, which necss-
STATED government loans at interest vary
ing from ni1e 10 twelve per cent.
p...:s.u .h..n .,em, "a hava had Z
~ e ~, n,,sna,;tc duy;ns
~ saa.a. r. ria mawsvs al Dec g.
,are .w,,h ,hs sismsn,a ~ ma.
ao 10 .,ss;, .nn-d.res an, m.uufsc.
-...Ssa IN, nssfui nubl;e
.as 1880 ..,s,,s;sss ve,a srrsstsd. md
$500. - i.ho,.,s va,e den,ivsd 81 am
1 1,aa"s =. ..dsasa - v.rs Unive,eal
s ~, n =. .mons ths commercisi.
~. -. "a usch,n;csl cl.sse i y
$3.50 Ne s,,,ths, ..ys s,The
. ~ ..' 49,. .,s "h;cs hs,s 'n,oauosd pscun.
'.s A. $3.50 49,. .s.a..hc,s nc copnt,v. have
.sy s.SS ~ 1870 - ;mro,ss 1,om fo,-
~ ss.;.. ~. .,,s ,avenr. h. moved
~ $500 e ~ go. ,hs nsca.s.,v .xnenses
f. ny , - 70 snnnfv az AZ.
.. sv Cs. ~ .ct r. nsc.mhs,
a ae,en ~, .s.;a x. ;s.rs ~ soo 0oO :.
go oo' .eya ss.no 80. - "a ~. n,c,;nc IN.
oS az ~ ~, .,sho,;-ed IL Al 81 Jane
In isss Ian ~ 400 oOd 0O1 d be 40.
.,,as iooo, - ..sn. - .rn,cr,;.sio.s
p pa. Al in b;s msss., - a. De-
csmher 5tb 1850, he saws. 0Is 10 nov Quite
e,iien, that the financial necessities Of the
governme Mt will require . modification Of
the tariff during your present session for
the purpose 81 increasing the revenue"
A. has. been ssen. our total commerce
from 1881 to 1860 inclusive, amounted to
the sum Of AZ 333 800. COS, and our revenue
in that time WAS e544 $50, 40 80.
That this amount Of foreign trade and
revenue should. under tie impstu, Of moth.
ins more ,hsn low revenue tariff, rive IN
Increase Of our national wealth of d, O23,-
s25 $40. =, il claimed, 10 clearly preposser-
ous. The wealth Of the nation may have
increased that amount, but il must have
besn for reasons other than 4 lox revenue
tariff insnficisnt for the support OF govern.
meut. II was undoubtedly caused BY the
immense production of silver aud gold, and
the unprecedented INN ,rtation of foreign
cepital Ard labor for The development Of
the nevIv discovered mines Of precious
metals in tn vsstern half Of our country,
and ,ha increase Of the estimated value OF
th.t natur.lIv vea,thv section caused by
such Importation of wealth and labor,
which section ia 1850 was valued ~ 1 c,m.
paratiyely smslI sum.
-. A.. a.. ..,s =. .ha a...a.
81. 1aeo - 1910 o.ma ~. C;,;i ~,
. I'm .." =. ~, .s. .con,,sS
L;..L r.. onn nnn -
ns sas !. o,;n. ~ oSro,;na
nn"".,;,s sDs 49, a.,lsa ~ go !, ,ha ssr,r
pS'u, y. 800 900 600 -, .vho,, TO-,
II 49, nn,;.. ri. IN, ,ns,rhsnt.
mel 80 ...n.,e W.. -. ..;...a...
n VIC" ~. 80 o H.s. ....,,. ch.,,Mn,a5
~ os,.,S ~ o...i.S ~ oriv :, e,.., ~
~. So 49,. ~. $500 ~ ;na;ns,;a,. =,
au. a.;ns .s p -. ~ a-naadsd ,ho.a
.,' y. n. -";. ~. as.-;,h.,.nS;, ~
" n ",a s,.,.na;ao. go. ;.s
NV n.oo w.. r..;n - a.;n - wa.i,h
% wa h.vo .san ~. g,s.ts, than tb., ot