Arizona republican., 1894-09-23

 the close of the fiscal year end ing June 30, 1S93-just as long, in other words, as the Republican policy was carried out by Republicans the revenue was sufficient to meet the current expenditures. For the fiscal year ending June 30, 1891, the revenue exceeded the expenditures by $37 .000,- 900. For the fiscal year ending June 30, 1892, the revenue exceeded the expendi- lures by $10,000,000. And even for the fiscal year ending June 30, 1893, in the last portion of which the revenue was affected by the Democratic tariff threat against all business, the revenue ex- ceeded the expenditures by $2,500,000
 It is in order to go back further into fiscal records. For the fiscal year end- ing June 30, 1890, the revenue exceeded the expenditures by $105,000, 900. Every body remembers the demand that was made at that time by the Demo. cratic party that such a surplus should not be allowed to continue. We were told that the 'condition" of surplus and ''not theory" confronted us, and that it called for reduction of revenue by revision of the tariff. In response to that demand the annual revenue was reduced $6O, 100000 by the abolition of the duty On sugar. At the same time expenditures were increased from year to year by enlarged, but not unjustly enlarged, appropriations for pensions.
 Yet, notwithstanding the fact that by the repeal ot the duty on sugar s60,- 100000 was thus remitted to the people in the fiscal years, 1891. 1892 and 1893, the Harrison administration was able to meet all expenditures and have a surplus each and every year. More over, every dollar of the bank redemp- tion fund which was turned into the treasury by the act of June IA, 1890, was used for the redemption of the pub lie debt.
 That is the "plain, unvarnished tale'' of the shape in which the Re- publican party turned over the treas ury to MT. Cleveland and the Democ- racy. That is the ''insolvent estate" that these Democrats talk about | Now, what is the Democratic record since that event took place?
 In the last fcal year, the year end ing June 30, 1894, for the first time in a period of peace since 1860 the treasury showed deficiency of $7O, ,OOO,. 900.
 The deficiency was not caused by an increase of expenditures. The expen- ditures were $17 .OOO ,OOO less than those of the previous year, but the whole of i that $17 100000 reduction, and $1, ,OOO,- 900 more, was brought about by reduc- ing and discontinuing pensions for Union soldiers and their dependent sur- vivors.
 The expenditures for the ordinary purposes of the government are $1 ,OO0,- 900 more for the fiscal year 1S93-94, un- der Democratic rule, than they were for the preceding year, under Republican rule. There has been a decline of the revenue in the past fiscal year of $S9,- OOO,O ,OOO.
 In order to meet the Democratic de- ficiency of over $70.OOO,O ,OOO, bonds have been issued and money borrowed to the extent of $5s, 100000, and the gold re. demption fund has been heavily drawn upon to meet current expenses.
 Fifty-two million dollars only re- mains as gold redemption fund to maintain at par $346, ,OOO, ,OOO of green backs and $163,OOO,OOO of treasury notes
 That is the actual comparison and contrast of the records of the two par. ties as managers of the finances of the country. Is it any wonder that the re- call of the Republican party to the con- trol of National affairs is the universal expectation and desire?
 Now if Col R ErankIin tha loado or