The Globe-republican., 1891-04-15

| the United States, needles for sewing nickel
| and nickel matter and materials for ships Of
every kind designed for the foreign trad.
The bill reduces the duties upon the FOL owing
| articles: leather. boots and shoes, lumber
rice. starch. copper and copper products and
| the products Of nickel, nails, spikes, tacks.
hammers, trace chains. wire screws, nuts and
washers, files. rasps binders twine, rope, log
chains. stone plates, horseshOes, sewing needles,
iron piping structural iron. bar iron. hoop iron.
rails, turpentine. varnishcs. camphor. glycer q
and chloroform. Twenty-Five per cent. OF the
articles in number under the old law were re-
| duced by the new law: Thirty per cent. OF the
found in the old Law.
Forty per cent. Of the advances OF duties
made In the new law were upon agriculture.
and its products and their manufacture. More
than 10 per cent. OF the advances made were
upon tobacco. spirits and opium. No detailed
record OF the new law would be appropriate to
this occasion. nor Is one necessary. 1t is fur
nishing its own review in practical observation
and experience 1t will make its own demon
stration and is doing so to the satisfaction Of
its friends and the confusion Of its foes. Its
enemies should be required to explain. for they
have been caught in deception, and not its
friends. They in all decency. should now con.
fess either that they willfully misrepresented
or were deluded They have already been con.
victed OF falsehoods They imposed upon the
people. and must make answer to them.
All the interests Of the country. agricultural
anu MISUNDERSTANDING are IN d COuultlOu.
The new tariff Law has brought no blight bu:
has already dispensed blessings to every SEQ
ton. Witness the south. Its progress and de-
velopment in the last three months have ex.
ceeded any previous three months OF our his.
tory. The new tarin has not put up prices but
II has put up new plants. 1t has not imposed
new burdens upon the people. but has dened
opportunity In every avenue OF human endeavor.
1t has encouraged the American people TO
greater effort and has opened up new fields for
labor heretofore UNEMPLOYED.
-
ttOry, when it gives larger. freer trade upon the
lines OF protection than any previous tariff law.
1t has some prohibitory provisions, IT is true it
country Of any obscene book pamphlet paper.
writing, print. picture or drawing. figure or
maps and any other article OF immoral nature.
wares articles and merchandise manufactured
wholly or In part in any foreign country by con-
vict labor. This is tho extent Of its prohibition
and We have no apologies to make 1t is in the
interest of good morals and Am erican labor. II
the democrats don't like these prOhibitory
features and want free trade in them, let them
repeal them If they can We hear much in the
opposition press Of the extravagant appropria.
tions Of the Fifty first congress. 1t is true We
did appropriate more money than was appro-
priated by the Fiftieth congress. and the
Fiftieth congress appropriated moro money
than the Forty ninth congress.
part OF our increase was occasioned by
deficiency left US by the Ffftieth congress-
600 for pensions which they should have appro.
priated. We could do nothing but supply this
deficiency and we promptly did It. We appro'
priated sl7.OO,OOO to refund to the states the
direct tax which they advanced to the govern.
ment during the war to aid in its prosecution.
Was not that right! We appropriated ono
million and b quarter Of dollars more for the
congress. We appropriated seventy millions Of
dollars more for pensions to the disabled SOL
diers OF the war. their widows and orphans.
Wi the democratic party withhold that in the
noYt h0uSos We the additional
money to carry out contracts already made. and
to push work already begun. Was not that In
methods. We increased the appropriations for
agricultural experiment stations. and gave
additional aid to agricultural colleges. Who
to we the
trict of Columbia more efficient. Will that be
criticised! We increased the appropriations
upon the Indian bill to carry out the agree
ments made by the government with certain
Indian tribes: this increase amounted to over
seven millions of dollars. Under this legisla-
tiou there will be released to the government
be opened up to settlement by the people, and
will eventually bring into the treasury over
twelve millions Of dollars. They say the surplus
in the treasury has been deminished. So 1t has.
Yet il we have less money in the treasury than
we had two years ago. We have less obligations
OF the government outstanding now than then.
We have paid our debts and stopped interest,
which would ordinarily DE regarded as good
business. Mr.. Cleveland advised us that the
surplus was q constant menace to our prOsperi
ty." and he seemed not to know the uses to
which that surplus might and ought to be ap-
piled. He either boarded 1t in the treasury or
gave il to the banks. and permitted our interest
charge to accumulate. Harrison's adminstra-
tiOn has faithfully applied ii to the eXtinguish.
ment of the national Il bit.
Cleveland's first two years the debt
was reduced. 5000. ............. Sl4l SD. aO
Harrison 8 past two years ...... 265 OU.OOO
Difference. sl33, 46s, 700
Now as to the money in circulation:
Amount March l, 1885 ......... 81. 80. 1909 90
Amount March /, 1887 ... 1,D7.6i6 ia w
Increase in two years under
Cleveland S.lS97Ol5 %
Amount March |, 1889 ...... 81, 4O4, 9o5 Sg6 10
Amount March !, 1891 ......... 1.51S.439 3l9 "
Increase in two years under
Harrison ACKNOWLEDGEMENTS. STA 233 1873 90
The increase Of money in rculation during
he ~ n ody iy,is pafi