Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1892-12-08

been favorable to Il calm consideration by |
the wage. .enraerS Of the effect upon wages |
of the protective system Tie facts that |
his wages were the highest paid III like |
calling in the world and that 4 main
tCnnncG Of this state of wages in the
absence Of protective duties unnn the
product Of his labor was impossible, wero
obscured by the passion evoked by these
contrasts. He may now be able to
review the question in the Light OF
mis- personal experience under the opera
ton of tariff for revenue only. II
that experience shall demonstrate
that present rates Of wages are thereby
maintained or increased, either absolutely
or in their purchasing power and that the
aggregate volume of work to be done IN
this country Is increased or even main
tanned, 50 that there are more or as many
workin5 year, at rs good or better wages
for the American workman, rs has been
the cause under the protective system,
every one will rejoice. A general process
OF wage reduction cannot be contemplated
by any patriotic citizen without the
gravcst apprehension IL may be. indeed
! believe II possible, for the American
manufacturer to compete successfully %ltE
his foreign rival in many branches Of pro-
ductiOn without the defence OF protective
duties, il the pay-rols are equaIiHed, hut
the conflict that stands between the pro-
uutjti anu ltldJ TtStll, anu VIZ hlsAiSs7 VI
our working people when it is attempted
are not pleasant to contemplate. The spec
taclc of the unemployed army now hold
ing its frequent and threatening pNrades
in tlrH streets Of foreign countries should
not be allowed to acquire an American
domicile.
TIE PUBLIC REVENUES.
The reports Of the heads Of the several
executive departments, which are here
with submitted, have very naturally in
cluded a resume Of the whole work Of the
administration with the transactions Of
the last fiscal year. The attention Of not
| only Congress but the country is again
| invited to the methods of administration
which have been pursued, and 10 the
results which have been accomplished.
| Public revenues amounting to Sl4l,-
| 4O7, 2gI2.2S have been collected and dis
| bursed without loss from misappropria-
ton, without single dGlalcation OF such
| importance as to attract the public attcn-
ton, and AT Il diminished per cent of cost
for collection.
FOREIGN RELATIONS SATISFACTORY.
Our relations with other nations are
not disturbed by any serious contro-
vcrsy. The complicated and threatening
differences with Germany and England re
lating to Samoan affairs, with England in
relation to the seal fishery in the Behrng
Sea, and with Chill growing out Of the
Baltimore affair, have been adjusted,
There have been negotiated and con-
cluded under section = of the Tariff law
commercial agreements relating to recipro'
cal trade with a number of countries
Under these trade arrangements a free NJ
favored admission has been secured in
every case for an important list OF Amert'
can products. The full benefits of these
New lines of trade are to be opened. ThC
commercial traveller must survey the field
The manufacturer must adapt his goods IL
the new markets and facilities for cX
change must lie established.
In order to insure the total abolition OF
seal poaching in the North Pacific, the
President recommends thatpnwer be givet
the President to prohibit by proclamation
the taking of seal in the North Pacific by
American as well as foreign scalers.
Upon the subject of Canadian recip
rocitv, the President is inclined to the
belief that as there seems to be no likeli
hood of an agreement between the two
countries, affairs will probably have to re
main ms they arc.
Comment is made upon the enormous
traffic drained from this country by
Canadian railway. The construction Of al
American cunalaroundtheF Falls Of Niagar;
is spoken of as means Of divering t,
our transportation interests the trailie tha
now goes to Canadian railways.
The President repeats with great earnest
ness the recommendations made in pre-
vi1us messages that prompt and adequate
support be given Ia the American cOmpau,
engaged III tie construction of the Mica
rartn ship canal.
Reference is made to the Brussels none
tary conference, and the President repeat
his previously cyprcssC belief that the lrC
coinage uf silver, upon an agreed inter
national ratio. would greatly promote til
interests of our people and equally thos
of other nations.
The belief is expressed that commerca
, necessities will require other gnycrnmen,
to jain with the United States ii the e'
: lurgement Of the volume of coined money
THE NATIONAL FINANCES.
The report of the Secretary Of the rrea'
| ury will attract especial interest, in vie
} of the many misleading statements thu
9 have been made Us to the state of the pul
. lie revenues. IIrce preliminary fac
, should not only be stated bnt emphasize
I at before looking into details.
: First-Thatst he public debts have bee
reduced since March ith, 1859. $3.50 O7i, 2a
t and the annual, interest charge Sll ,G4.i6
: Serund-'Ihat there have been paid OF
4 for pensions during this administration
' up to November lst. 1852, j 32,AiL, l7S70.
/ an excess Of $lli, ,t66,GSj.OD over the sul
expended during tie period from Marc
4 Isl, lSs5, to March lst, 1850.
s Third--That under the existing tarit
I IN to December Ist, about s03,O0QnlD
\ revenue, which would have been collectt
,f upnu imported sugars il the duty had BET
!, maintained, has gone into the pockets
b the pcople, not into the public treasury
before,
ii there are any who still think that II
| 1 / ~, - ..,, t.,r at
u cll'ltion bv boarding il in the treasury
Il deposited in Favored banks without inte
y est, while the government continued
~ \ nav these very banks interest upon II
IL bonds deposited as security Tor the d
= posts; or who think that the intendC
- pension legislation was public rohber
> or that the dtltics upon sugar should ha'
II been maintained. am content to leave Il
~ argument where IL now rests, while Y
y wait to see whether these criticisms a
IN well-founded
- , The revenues for the fiscal year ondil
: June 3lth, lS9l from all sources, wa
"a &i-5 SjS, ,2iO.22 and the expenditures f
=. all purposes were Sil5 5,953, SOj.jj, leaving
~ balance of s0,9l4,453,Gj.
There were paid during the year upt
N the public debts St0, 90, l679S. The ST
II plus in the treasury and the bank ]
W. demptinn fund passed by the act of iii
- t4th, 1893, to the general fund, furniSh
~. W in large part the cash available and us
y for the payments made upon the pub
~, nr debt.
81. :, Compared with the year 1901 our receiI
~ =, from custom duties fell off ST. 2,gi9, 2ll,'
- while our receipts from Internal reyen
- increased $S,2Si S4.5. IS. leaving the net !,
N of the revenues, estimated and aGtttal
u, the fiscal year ending jane Both, 1873
~ placed by the secretary, At Siij,3i6, ,3lO
=. =. aud the expenditures at Sibl 1896, ,35U
n showing u surplus Of receipts over expo
~ NJ dtturcs of s!,poQ09O.