Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1894-01-25

Surcu ~ VIII D Venkeance
The Treasury Deficit.
In reply 10 the question what the
Ways and Means Committee pro-
posed to do to maintain the solv-
ury, Chairman Wilson said: II have
not had an opportunity to give two
minutes time to the consideration
the gold balance in the treasury has
nearly 46,O0O,tO) within q week, and
claims for payment amounting to milf
ions Of dollars are piling up. One OF
our esteemed Democratic contempt
raries views this matter lightly, and
thinks the government should cut down
the pension payments, bat does not ex-
pain by what authority that q be
done. The pens;ol bureau has done its
best, but is obliged to abandon it's pol
Icy as unlawful. WI suspect that this
plan summarizes the financial wisdom
Of the Dcmec attic party. The treas
ury Is in q hole, and all that can be
suggested to get it out Is something
that cannot be done.
It il certainly discreditable to the
majority In the House and to the adj
ministratiOn which is pushing that ma
jority, that it Is willing to leave mill
ions Ct the Governments obligations
unpaid, until q bill can be passed which
will make payment all the more diff
cult. As things look it will be months
bet re the proposed evenue measures
Nj be carried into effect. The Treas
ury is drawing upon the funds laid
asst de by Republican administrations as
. guarantee of the currency, to meet
current obligations. There is no hope
OF increased revenue for months to
come, and yet the Chairman OF the
Ways and Means Committee has not
had two minutes to devote to the con
sideration of this state OF affairs. IL
the people of the United States were
not confident in themselves and in the
Of the country, nothing
would prevent q new panic. Spring
field Union.
shall History Repeat ltscIf?
The tariff reformers, who point back
to the good old times Of tho tariff OF ~
in justification Of their attempt to re-
move protection from our industries.
are probably too young and green to
remember those times. History might
teach them something il they cared
for hist ~, but they regard their
theories q better than experience. In
his last message to Congress President
Willard Fillmore presented the follow
ing I~icture OF the es Its Of the Walker
tariff, which our tariff reform friends
fecla~e was the most efficient and pop
u.a. tariff the county eyer had:
The iirst 10 the effect OF large importstions
the gold q California Is fast as II IL coined
nnds Its way directly to Europe in payment
for goods purchased. In the see ond place, -
BY competition with foreigners. the capital in
vented In them il lost, Thousands Of honest
and tndnAtrtOus citizens are thrown out OF
deprived Of = tonne market for the sale Of his
products. In the third place the destruction
Of 0ur MANUFACTURED leaves the foreigner
be consequently raists the price Of the srtt-
Giles sent here for sale. as II now seen In
the increased cost OF iron imported from En-
gland.
This is histo.y and history repeats
itself when the conditions r favor
able. The Walker tariff Was intended
TO prot ct the South and hamper the
industries cf the North, and it sue
ceeded in the latter result without &C.
complishing the former satisfactorily.
= iltLlUFC . IhIu tlItGS WcIC oAtnti0A W
ours, except that the distre 50 Of those
times was hopeless and dcspairing,
while We still hope that disaster may
be averted.
Turned to stuhhl~.
When President Cleveland was nomi-
mated 70. the third time by = Demo
CT attic national convention. somebody
made . great hit by circulating 10 the
hall full Of happy Democratic . cam
paign song, the refrain 81 which was
borrowed from y well-known comic
opera. The chorus ran thus:
Grover, Grover, four years more Of Groverl
In he gees,
Ont they 60.
Then we'll be In clover!
This parody proved very popular
with hungry Baurbons throughout the
campaign, ard Was sung with intense
earnestness by impatient spoilsmen.
| Now Grover has gone in, and many
| thousands Of Republicans then in Office
have gene out, but what kind OF clover
! has the Democratic party found! 10 1t
not starving on the dry thistles OF idle
J ness, poverty. and discomfort? Will
Its diet Of distress put 1t in good fe.tle
Tor another national campaign? Verify,
| the inviting clover Of 1892 has turned
to wretched stnbble.
what y Carto0a!
What . grotesque and singing car
tom that + whica o-e Of the most loyal
Democratic ra. err, the New York
World, pr sentet on its front page the
!! othar day. A gigantic Uncle Sam with
IN el0nganted right arm y dragging
the limp Grover Cleveland by the osr
| from the pool OF Hawaiian mu1. The
palsie hand CT 4 president drors the
hounder ng fg IRE 81 Liliuokaiant into