The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-09-06


The republican papers are dpyotiur O.
good deal Of their space 90 giving advice
% the President as 20 how his admins
tration should meet The deficit of s50uUo.-
oU0 or more with which the treasury is
threatened Some of them tell him 20
issue bonds. The credit Of the govern
meut is good, they say, and can stand amy
amount Of drafts upouit Others of them
tell him that the tariff must not be touched
under any circumstances. because the
. Mckinley tariff viii produce a greater
amount of revenue than any tariff the
/ Democratic party is likely to favor.
/ Advice comes with a poor grace from
! the republicans. Their party bankrupted
/ the treasury. They did not succeed dur
ing the Harrison administration in keeping
+ the revenues abreast of the expenses, and
! therefore the President Will hardly regard
advice from them as worthy of serious
consideration. When Mr. Cleveland
Turned the treasury over to Gen. Harri-
son it contained a surplus Of $50 900 600
There was besides $4,000, 600 Of trust
fund fo1 the redemption Of bank notes
At the end of Gen. Harrison S administra-
tion the surplus was gone. So was
the SO 600 600 for the redemption of bank
notes. and there was a deficit in the
treasury Of S30000.000 The Harrison adj
miuistration therefore spent $3.50 900 coo
beyond the revenues And vet the re
publican papers have the face TO advise
Mr. Cleveland and his administration
how to manage the financial affairs Of the
ties which the Republican party created.
MIR Cleveland and his administration
will hardly pay any attention
to what the republican leaders
and republican papers say in res
pect to the financial affairs of the gov
ernment Their advice. in view Of the
financial record of the Republican party,
is not the kind that would help the gov
eminent to surmount its difficulties. On
the contrary, if it were accepted it would
involve the government in still greater
financial trouble.
The deficit is due to republican legisla-
ton 1t was while the Republican party
had control ofsthe presidency and both
branches of congress that laws were en-
acted that opened the way for an enor-
nous increase in the pension charge.
There is no way in which that charge can
be lessened except by repeating some of
the pension laws, and that could not be
done without inviting severe criticism
Still, it is absolutely necessary that some
thing shall be done to bring the
expenditures within the revenues, which,
Tor the last month or two, show an i'm
mense falling off.
It is certain that the democratic policy
of tariff revision will not be abandoned
Preparations for tariff revision bill are
being made already. No legitimate in
dustry win be injured, but a way will be
found to make the tariff taxes less bur
densome to the people, and to bring into
the treasury sufficient money to settle all
claims against the government.
The republican papers may howl all
they please they will not succeed in in
fiuencing the Democratic party to aban-
don its tariff revision policy. The people
have said they want the tariff revised,
and revised it win be. But there is one
thing the republican papers can do that
would give great satisfaction to the pub
lie. They can tell how it is that their
party, when in power, squandered $780,
100000 beyond the revenues. 1t is not
probable, however, that they win touch
upon so delicate point
The truth is the Republic party, when
in control of the governments was abso
lutely reckless in spending money. Their
policy seemed to be to spend all they had
and to trust to chance to get sufficient to
meet current expenses Of the government
And now they are blaming the Demo-
cratic party for the unfortunate panic
with which the country is afflicted The
people, however, who have kept them
selves posted in respect to current events
viii not be misled by the demagogic
utterances of the republican, papers and
leaders. They know the truth, and the
democrats will take care they do not for
get it.