The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1891-12-19

tariff and other legislation Of the last
congress affecting the revenues, as tC
the results of this legislation upon the
treasury and upon the country. On the
one hand il was contended that imports
woull SO fall off rs to leave the treasury
bankrupt and that the prices of articles
entering into the living Of the people
would be SO enhanced us to disastrously
affect their comfort and happiness
while Oh the other it was argued that
the loss to the revenue, largely the re
suit Of placing sugar on the free list,
would he a direct gain to the people;
that the prices OF the necessares Of life,
including those most highly protected,
would not be enhanced; that labor
would have Il larger market and the
products of the farm advanced prices;
while the treasury surplus and receipts
would be adequate to meet the appro-
priatious, including the large exceptional
expenditures for the retnndiny to the
states Of the direct tax and the redemp-
tion Of the 4 per cent bonds.
1t is not my purpose TO enter at any
length into Il discussion of the effects of
the legislation to which [ have referred;
but il brief examination of the statistics
of the treasury and a general glance at
country will, think, satisfy any impair
tial inquiry that its results have lisap-
pointed the evil prophecies Of its oppon-
ents and in u large measure realized the
hopeful predictions Of its friends.
Rarely, If ever before, in the history of
the country has there been Il time when
the proceeds of one days labor or the
product Of one farmcd acre would pur-
chase so large an amount Of those things
that enter into the living Of the masses
of the people. believe that a full test
will disclose the fact that the tariff act
" " VIZ my -i'Sl eo!is icsS - NftA ltNu'd-
of articles entering into common nsr
Durin,- tha tw,.)vn months frn,n Dc+
1Svo a. Sent 40 $50, fire total ,o,ne
Of onr forejsn commerce im,,nrts and
eyn6rts con]inud was q X snf in,;
viii II was the largest of mv vr,r in
the histnrv ,f III I7,itnl sf,+ss Tba
larrus, in any nrevi,ns va,r ,v,S IN
1SyJ when nnr cn,n,n4rIa a,,mnntal IN
\ Al ,t,|1 \. l3n. .t!J3 ana ire last VIII nxcaeds
this ennr,n,us nDrrr,,rnte IL. n,ar n,n
hundred million. 1t is intnr,.stiuy AID
11Sp,I,a ,yIli III sr1ri,ri sin,r II, l;nr,y thnt
during the Wa: ending St.pt, 30, 1881.
U,1I' iinli1rt.; Of ,ner1.hauiilp %.,tng,u,,rf.,
tn Ss!i ,1ll.l,N. which With Vii incyr.l<e
Ct nlore tlAn eleven million dollars over
''1e yStii'to ot inr imports II tFlr rprrrS-
MGnHtt-E months of III" preceding year.
Wilrn the lnl#rts uf merchandise Were
inlH-nNlE lHrEt@il ahuripati4M nt tht.
tariff tslslHtt.n th"s p-nui4,g, TIN
;Nttga 70 :urual value "f tttn lulpJftS Of
mef%4Gntli~ t3r t,~t p!t N.ag,1+ fF@4H l.sl
toI~.'p wa- $t;.t4 t9.Itt2, Hlsl e'uJ@@ TIE
Nea1 cuilil- Sil4l &p lstt. tl.!- annual
~ eEa-ge $vt NNmetE4ti Us Slti:, 1?s .iGg
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,.,..... ..,,-
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