The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-12-07
The Presidents Message.

| lengthy aud elaborate statement showing
the Increase in the wealth, industries and
productive capacity Of the country, and be
endeavors to create the impression that this
! increase is due largely TO the high protective
tariff policy OF the Republican party. he
practically says that his party was defeated
in the recent election because the prevailing
sentiment is against that policy. He leaves
no doubt that he thinks the people have
made mistake IN declaring for reduction
| Of the tariff, and that they will
| discover they have made q mistake.
! He says It is not his purpose to review the
argument In favor of a protective tariff,
/ but he succeeds in stating very fully the
/ position the Republican party occupies In
/ respect to the tariff, and what that party
/ claims high protection has done for the
country. 1t is evident from what he says
that If the Senate were 10 pass any one Of
the tariff reduction bills that have been
sent TO it from the Senate he would veto it.
He recommends that there be no tariff
legislation at this session and expresses a
wish that the whole subject of the tariff
shall be left for the next congress 70 deal
with.
! He seems to think that the workmen en-
| ployed in the protected industries had
good deal to do with defeating the Repub-
lIcan party, because he dwells at consider
able length on the benefits they derive from
the protective policy. and contrasts their
condition with that Of the mill workers In
Europe. The fact that he gives so much
attention to the tariff, making il the lead
ing subject Of his paper, shows that he
feels his failure to secure a reelection
keenly, and that he wants TO put himself
on record not only as being still OF the
| opinion that the Mckinley tariff is wise
measure. but that the repeal Of that tariff
and the substitution of a tariff in accord
dance with the tariff policy of the Demo-
| willnot pe followed by such prospered
prosperity as the country has enjoyed since
the Republican party has had control Of the
government.
The President endsavors TO make IL APP
pear that there is nothing In the talk about
the bankrupted condition Of the treasury.
According 20 the figures he presents, and
they are Of course the figures Of the Secre-
tary Of the Treasury, the revenues are suf
flcient to meet the expenses Of the govern
ment. He shows that, although there
was a net loss in the revenue for
the yesr ending June 30, 1892. of
$50, 7S4. Az 95, there was still a surplus of
revenue of 80 1894, 45S 80. For the current
year he estimates the revenues at 1853, $780,
$50 A. and the expenses at 1851, 336, $50 A,
leaving a surplus of 100000. 1t is clear,
however. from statements that have been
made in respect to expenditures that can
not well be evaded, that his estimate Of the
expenses is below what they will be by many
millions Of dollars.
For instance, the estimate for pensions
which the Secretary Of the Interior SUBJ
mits in his report will not be any where near
sufficient TO meet the pension demand. The
fact that the President recommends that
the sinking fund be abolished shows that he
has not much confidence IN his estimates.
But he does not make any recommended
tions looking to reform in the pension busi-
ness. On the contrary he insists that the
pension bureau is wisely and economically
managed, and declares In effect that he
would not repeal any Of the legislation add
ing to the number of pensioners IL he could.
He says that the country owes debt Of
gratitude to those who assisted the union
cause in the civil war 1t can
never repay, and. hence, the
people ought not to grumble at the
pension burden. He evidently does not be-
lieve that there has been any fraud in the
granting of pensions, and thinks that every
person whose name ia on the pension roll is
entitled to all he gets from the governments.
However, he could hardly take a different
position without rejecting upon his own
administration, because he approved much
of the legislation that increased the pension
burden, and there has been more scandal
connected with the pension bureau under his
administration than at any previous time.
The President has. Of course, much to say
in behalf Of reciprocity and steamship SUBJ
sides. They are leading features of his
administration. According to his view
they have already done much to increase
the prosperity Of this country, and they
will, he thinks, do great deal more. We
only get about one-eighth of the trade
Of Central and South America now,
but with the help OF reciprocity
huu Wo sudtIt no DOuctoS, kG5 OuS-
third of it in the near future. 1t is strange
he is SO enthusiastic In regard to these
features of his administration since there 10
pretty general impression In well in
formed circles that the benefits from them
are so inconsiderabls as to be hardly worth
noticing.
The President does not forget to try 70
impress upon the farmers that they have
been favored under his administration.
The depressed condition of the agricultural
interests, however. in all parts of the coun.
try hardly justifes the Presidents claim
that his policies have improved the material
condition of the farmers.
The President favors government aid to
the Nicaragua canal In previous messages
he advocated guaranteeing acertain amount
of the bonds of that enterprise. This ques-
ton Of guaranteeing 800, 100000 of the
canal bonds will command a good deal of
attention in congress this winter, and in
the next congress, and it looks very much
as if the promoters of the canal would get
what they are asking for.
The President believes that nothing
should be left undone to guard against an
introduction of cholera next year and he