The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1893-12-05

ne rrccnu rcpvaI VI uno provision OF pnn
law requiring the purchase OF silver Dul'-
ion by the government as a feature OF our
monetary scheme has made an entire
change in the complexion of our currency
affairs do not doubt that the ultimate
result of this action will be most salntary
and far reaching. In the nature OF things,
however. 1t is impossible to know at this
time precisely what conditions will be
brought about by the change, or what, if
any, supplementary legislation may, in
the light of such conditions, appear to be
essential or eXpedient,
"Of course, after the recent financial
perturbation, time is necessary for the re-
establishment of business confidence. In
the pursuit of this object we should reso-
lutely turn away from alluring and tent
porary expedients, determined to be con-
tent with nothing less than lasting and
comprehensive financial plan. In these
circumstances am convinced that rea-
sonable delay In dealing with this subject
instead Of being injurious will increase
the probability of wise action"
In reviewing the reports of the cabinet
officers the president devotes considerable
space to an argument against fees in the
attorney generals Office, and has this to
say of the navy;
No New Navy Work.
"While am distinctly in favor OF con-
stantly pursuing the policy we have inau-
gurated Of building up thorough and
efficient navy, cannot refrain from the
suggestion that the congress should caro-
fully take into account the number of un-
finished vessels on our hands and the de-
pleted condition of our treasury in consid-
ering tho propriety of an appropriation at
fhiS lrna IN ha.yit, paNy tynrL ~
The president speaks Of wrongfuly is-
sued pensions and says
Those who attempt in the line Of duty
to rectify these wrongs should not be ac-
cused of enmity or indifference to the
claims OF honest veterans. The sum OK
pended on account Of pensions for the
year ending June 70, 1893, was slb8, no.
1914 The commissioner estimates that
tlG5, 900, 900 will be required to pay pen
sions during the year ending June 80, 1894.
"The continued intelligent execution Of
the civil service law and the increasing
approval by the people OF its operation are
most gratifying. The course of civil SER
vice reform in this country instructively
and interestingly illustrates how strong a
hold movement gains upon our people
which has underlying it a sentiment of
Justice and right, and which at the same
their government.
Tariff Reform.
after a hard struggle tariff reform is
directly before us. Manifestly II we are
to aid the people directly through tariff
reform one Of its most obvious features
should he reduction in present tariff
charges upon the necessuries of life. The
benefits of such reduction would be
pnlpable and substantial, seen and felt by
thousands who would be better fed and
better clothed and better sheltered.
mot less closely related to our peoples
prosperity and well being In the removal
OF restrictions upon the Importance of the
raw materials necessary to our manufact-
ures The world should he open to our
national ingenuity and enterprise.
This cannot be while federal leg,sla-
tion, through the imposition of high tariff,
forbids our manufacturers as cheap ma.
terials as thoso used by their competitors
1t Ia quite obvious that the enhancement
Of the price Of our manufactured products
resulting from this policy not only con.
fines the market for these products within
our own borders TO the direct disadvan.
tnge Of our manufacturers, but also in
creases their cost 10 our citizens.
"The interests of labor are certainly,
though indirectly, involved in this feat
ure Of our tariff system. The sharp COM
petition and active struggle among our
manufacturers to supply the limited de-
mand for their goods soon fill the narrow
market to which they are confined Then
follows n suspension Of work in mills and
factories, discharge OF employees and dis
tress In the homes OF our worhingmen
Even il the often disproved assertion could
be mHds good that lower rate OF wages
u =, =. ~
low tariff duties the Intelligence of our
workingmen leads them quickly to dis
cover that their steady employment, per
mitted by free raw materials, is the most
important factor in their relations to tar
III legislation.
Favors an Income Tax.
"a measure has been prepared by the
appropriate congressional committee EN-.
bodying tariff reform on the lines herein
suggested, which will be promptly sub
mitted for Legislative action. II ia the re-
suit Of much patriotic and unsellsh work,
and | believe it deals with Its subject con.
sistsntly and as thoroughly as existing
conditions permit
II am satisfied that the reduced tariff
duties provided for in the proposed legis,
lati0n added TO existing internal revenue
taxation Will in the future, though per.
haps not Immediately, produce sufficient
revenue to meet the needs of the govern
ment.
"Fhs committee, after full considera
ton, and to provide against temporary
deficiency which may exist before the
business of the country adjusts itself to
the new tariff schedules have wisely eu,
braced in their plan q few additional in
terusl revenue taxes including small
tax upon Incomes derived from certain
corporate Investments
The new assessments are not only ab.
solrtely juAt aud easily borue, but they
have the further merit OF being such u.
can be renittei without unfayorable bust
ness disturbance whenever the necessity
OF their imposition no longer exists.
IN my great desire for The success OF tbis
measure cannot restrain tho suggestion
that Its success can only be attained by
means of unselfsh counsel on the part Of
the friends of tariff reform and as q result
of their willingness to subordinate per.
sonal desires and ambitions to the general
good The local interests affected by the
proposed reforms are so numerous and so
varied that II all nro insisted upon tbs
legislation embodying the reform must
inevitably fail"
italian Catholics Must Not ypte