The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1894-04-13

Senator Hill delivered his tariff
speech on Monday. This has been
looked forward to with great interest.
1t was delivered with an icy coldness
and was strong arraignment of the
administration in its Hawaiian, f.
nancial and tariff policies. Evidently
the Senator, whose platform hereto
fore has been, 81 am Democrat" +"
read the handwriting on the wall and
is trimming his sails accordingly.
We give the leading points of the
speech:
Speaking of the tariff, Mr.. Hill at
tackled the presidents dllatoriness of
action in this matter. He said: ga
month before his Inauguration the
president was forewarned of the ap-
preaching monetary panic. He con-
vened Congress six months later,
when the panic was subsiding which
should have been averted.
sit is feared that this Congress
does not not keenly appreciate the
awful devastation which the financial
cyclone of last summer has inflicted
upon the business interests of our
country. 1t has made havoc Of our
prosperity, private and public. II
has diminished all domestic and inter-
state trade, until fifth of our rail-
road mileage is in the hands of re-
ceivers, and all our banks are gorged
with money unemployed.
'On the 4th of March, 1898, the
pesident became vested With exclusive
power to convene Congress for the
purpose reaffirmed in his election.
He decided to prolong the operation
Of the Mckinley tariff for at least a.
mother year. The delay thus impos-
ed upon the peoples reforming zeal
it is vain to regret. In the mean.
time the monetary panic, unfortun
ately precipitated upon US, has no
only made havoc of our private in.
dustries, but has dried up the public
revenues.
"Yet the Wilson bill, framed
originally upon the theory suggested
by these high officials (the presiden
and the secetary of the treasury, ii
their annual communications to Con
gress, underwent no material chang,
during its progress through the House
Notwithstanding the altered situation
The theory survived its condition
In the face of the protestation of prl
ivate industries, and in the presenc
of such a paralysis of all genera
business as the treasury deficit attest
and prolongs, this bill was framed b,
its authors, and, as passed by tn
House, sought to double the defci
by discarding customs revenue ant
4 to fill the void with an income tax.
"Against such scheme-unneces
sary, illadvised and mischievous-
suddenly sprung upon the country i
the hour of its distress, undemocrati
in its nature and socialistic in its ten
denotes, l enter the protest of tn
people of the state of New York
They utterly dissent from any pre-
posal to get revenue for the geners
government by taxiug incomes. The
dissent is practically unanimous an
altogether implacable."
He protested against the Democrat
party being made ga tail to th
, popuiist kite" He futher said:
5 This proposed tax isnot advocated a
5 temporary expedient; there is n
t limit fixed to its duration, but it
boldly proposed as permanent polio
of the government Its injustice
vigorously defended, its discrimin;
e tions are heartily approved and i
e ill-cnucealed sectionalism is unblusl
r insly excused. The plain issue whic
]. we are to meet is indirect versus d
rect taxation"
He proceeded to declare his bell,
that the complete substitution of il
tternal, dhect or income taxes ft
tariff taxes would prove utterly ruiz
I Gus to business interests of this coul
try under existing conditions abroad
and that partial substitution at th