The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-12-11

sugar on the Tree list would be & direct gam ]
to the people. that the prices OF the |
necsssaries OF life including those most !
highly protected, would not b. enhanced5
that lnbOr would have a larger market and
the products Of the farm advanced prices /
while the treasury surplus aud receipts
would L e ADEQUATE to meet the appropria-
tions, inclu ting the large exc optional eL-
penditures for the refundinz TO tine states Of
the direct tax and the redemption OF the "a
per cent bonds
It is not nv purpose 70 snter at length
into a discussion Of the effects Of the teEts-
iatton TO which have referred. but bFiet
eZRTniu alton OF the stat sites OF the treasury
and general glance at the state of business
throughout the country will, think, satisfy
any impartial inquirer that It's results have
dIsaDpoluted the evil Lropheefea OF its op-
ponen and Ga large measure realised the
hopeful predict Ous OF its frienIs- Rarely.
IL ever before ia the nj tory Of the country
has there been time when the proceeds of
one day's labor or she product OF one farIsaed
those things that enter into thc living OF the
masses of the people believe that fuiI
test " il develop the fac that the tarin act
of the fifty first conzress IS very favorable Q
in its average effect upon the prices Of
articles entering insO common use.
EFF CrS OF THE TAT1FF
During the twelve months from Octobsr l.
1880, to September 30. 1871 the total value OF
our foreign commerce Cimports and exports
combined) was -17sz so. SOC. which was the
Target OF any year Ia the history OF the
United states The largest in any previous
year was in 1897 when our commerce
amounted to j 647. I39. .O93, and the last year
exceeds this enormous aggreg ate by over
one hundred millions It Is interesting ana
70 some viii be surprising, TO know thag
during the year ended September 81, IE9
our imports Of merchandise amounted 20
p siI.270 which was an increase OF more
than 81, OO,O90 over ths value Of the inn
ports of the CORE sponding months Of tne
preceding year. when the Imports OF meE-
chandIse were unusually large in anticIpa-
tion OF the tariff legislation then pending
The average annual value Of the imports of
merchandise for ISL 20 t-9l vas 69s,ls6, 5l2,
and during the year ended September so,
1891. thi5 annual average was exceeded by
$E32 Sc 80
The value Of free imports during the
twelve months. sndeI September 30, ISL
was sIl5,u92,357 more than thc Y tlue Of free
imports during the corresponding twelve
months of tsIs preceding year. AMI there
was during the same period decrease OF
81 6,s46 sos in the value of Imports OF dutiabIe
! merchandise. The percentags OF merohan-
disc admitted free OF duty during iho year
TO which have reference, she first under
ths new tariff, was IS IS while during the
| preceding twelve months, under the old
tariff, the percentage was 81. 7, an incrCasc G
/ of Ia 81 per cent II We take tine six mont hs
ending September 80 last, which covers the
/ time during which sugars have been admit
ted free of duty, ths percontag1 OF value OF
/ meTchnndlse Imported free of duty Is found
/ to be IS. q, VIII ch Is larger percentage OF
/ free imports than during any prior nsCai
/ " ar in the history of the < gsvernmrnt.
! II we turn to exports OF merchandise the
statistics are full OF gratih cation Toe
whole OF such exports OF merchandise for
/ the twelve months ended September 20 1891.
/ was 1923 O9l ,l35 while for the corresponding
/ preTioud twelve months it was SO ',ls7s slios
/ increase OF q. .SlAUElr Nulch ~ nearly
| three times the average annual increase OF
| exports OF merchandise during any year In
the history Of the government The increase
/ in the value OF eEpOr.s OF agricultural
products during thu year referred to Ovsr
/ the CORE -ponding twelve months Of the
| prior yeur was S45, SAG Ig7, while the Increase
/ in the valus OF exports of manufactured
products was sl6,s3S pa
/ There Is certainty nothing in the condition
/ OF trade. foreign or domestic, there is GER
I taInIy nothing in the condition Of our people
| OF any class, TO suggest that the existing
| tariff and revenue Legislation bears Oppress-
| iFely upOu the people or retarcS the com
! meFciHl develODmeut Of the nation. It may
| be argued that our condition would be bet
ter If our ttrih lie -islation were upon free
| trade basis; but It cannot be denied that all
the conditions OF prosperity and Of general
contentment are present in a larger degreC
than ever before in our history. and Ihat
l too, Just when it was pEOphcsied they would
bo in tho worst state Agitation for radfca
| changes in taFin anI financial Legislation
| cannot help but may seriously impede bust
| ness, to the prosperity of which some degreS
of stability in legislation is essential
think there are conclusive evidences ina
| the new tariff created several great ind us
tries which w.lt within a few years, give EN-
pioyment to several hundrtd thousanc
American working men and women In view
of the somewhat Overcrowded condition o
the labor market of the United states, every
patriotic citizen should rejoice at such
result.
! The report of the secretary of the treasur,
show that the total receipts Of the govern
| ment, from all sources, for the dscal yea
ended June 81, 1891, were s,5iA. %. while
LliG GA klellN lures ANlf tAlG 14Al-hH puAtou "
s45i soi,+5o-t6 leaving a surplus Of s55,zS5 762
The receipts Of the nscaI year ending Jun,
! 81, 1872, actual ami estimated. S43AOO0, 90
! and the expenditures Si0e, ,00l. .O00. Tor tn
| fiscal year ending June 81, 1898, the estimates
receipts are 45',s5 $50 and the expenditure
! SGI1, sJoso9}.
SILVER AND ITS CoNEEC rIoss-
Under the law OF Juiy' "a, IS -, tho secre
tnry OF the treasury has purcha- el sine
August Is during tue fiscal year 4s,3s5
ounces OF silver bullion at an average COS
of 81 O45 per ounce Tho highest price pal
/ during the year was SI2o3i ana the lowe
.us6s6. In exchange for this silver butl!o
tn re have been issue OF the treLsur
notes authorized by the act. The loves
price OF silver reached uurin the dscat ea
was s. 36 on April y, 1891 bus on NOvem
Der the lnarke price was only sU.9j, whic
would give to the silver dollar = bulliO
value of 7sI4 ocnts-
+ .Be,ore the influence Of the prosperity
| silver legislation WIS feit In the mark
! silver was worth in New YORK about 50 y
per ounce. The able-t advocates OF IRE
/ coinage in the last congress were mo cor
[ ddent in their prediction that purchases q
| the government required by the Law wOu
1 at once bring tile price OF silver 90 / 929 pc
. on nee, which would make the bullion Falu
l Of n dollar one hundred cents and hold
, there The prophecles Of the anti -silvt
/ men OF slsters to result from the eOiuag
. | of p 90 900 per month were not wider of Il
mark The FRIENDS OF free silver are nS
. ! agreed. I thi Ink, as to the causes that brougl
% / their no eful predictions to naught- SON
e facts are known The exports Of sllVi
n | from London 20 India during the first nIr
months Of the cal ndar year. fell on over fifi
. per cent or s17,212,5sl. compared with a
e / same months OF the pr cedIng year. tt
q I exports of domestic silver bullion from tn
l cOun ry- which has averaged for the Ia
4 ten years over Sfz.00B. .oOO. fell IN The la
0 | dscai year 70 SIi.7s7 ,s9l Whie, fOr the mr.
{ | time in receUt years, the Imports os silv'
T into this country exceeded the exports .
z the OF S2,745 S65- In the previous vel
@ { the net exports OF silver from the Unite
a States amounted TO ss,5s5. .G5s- The produ
. tion OF the United 6tatss increased from 3
- UOl,8 - ounces In 1883 to $500 in $50. I'll
- government is now buying aud putin
ss de annually s. 90 lsO0J ounces. Which, a
IA lowing z.I4OOco ounces OF new bullion ust
I In the arts Is 8 6s 100 more fhIn our dome
j. tic product av tllabis for coinage
IL am skill Of the opinion that tha free coli
. age OF silVtE uader sEiating condition
= Wuu,d GisastrOGsty affect our business intaj
! esss at home and abroad We could n
o hope 20 maintain equality In the Pu
10 chasing power OF the gold and silver GoIii
a / In our markets. an IN foreign trade q
l. stamp gives no added value TO the -buIifs
70 I coatsfntd in coins The producers of q
r country, T. g farmers and faborers. have q
a. highest interest that every paper dollar
l. coin issued by the governments shan be
a. good any other II there is one less VI
p uable I'll = another its sure and constant G
- rand viii be 20 pay them Ter fheiz ton a.
Frswr rEnagn 1s=