The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1894-02-09
THE TREASURY DEFICIT.
Rsetscticn aud Republican Extrsvsgan
the Cause.

the Cause.
The deficit now existing i'm the United
States treasury is the direct result Of
republican legislation and republican
administration. not Of one republican
administration. but as the legitimate
result OF the application of false eco
monte theories applied year after year
in .lore and more extreme form and of
false ideas OF the purpose and Office of
government.
But even yet protection and patcrnal-
ism has not borne lis worst fruits.
About two more republican admins
trations, without democratic interval
for repairs and reform. would have
been required 10 undermine and de-
strcy all trc principles upon which the
government of this republic was origi-
nally founded, and &C. ..nlsrlr. The ma
ton and bring about revolution.
The ways and means committee of
/ the house Of representatives Is supposed
10 frame laws and devise methods for
raising revenue 10 dcfray the public cx-
peascs OF the nation, and thearpropria-
tions committee aupervises the nation
al expenditures, and both committees
are supposed To give careful attention
to the necessities Of the government
and TO conform the revenues ard the
appropriations thereto; but in the last
republican congress the needs Of the
government did no. enter into the cal
culations or control the legislation
planned ana directed by either commit
tee.
The ways and means committee, pre-
sided over by Mr.. Mckinley, framed 4
bill bearing the name OF its chairman,
which was cunningly devised to oper-
ate in restraint of trade by prohibit
| ing. SO FAR as possible. all foreign i'm
portations. and securing the control of
American markets TO domestic trusts
and monupolies organized to force
down the prices of the farmers raw
products in his hands. and increase the
prices of food products TO the consumer,
and rob and tax for their own private
gains the masses of the people upon all
articles of manufacture which By aid
of prohbitive tariff these trusts were
enabled absolutely to control
The first step in the development OF
the protective, or trade prohibitive.
idea was based upon the constitutional
right Of the government to levy tariff
for revenues. If such tariff afforded
incidental protection to home manu-
facturers it could not be successfully
attacked as unconstitutional, because
its chief object was TO raise revenue for
the support of the government
But gradually the trade monopolists
grew bolder and their political tools
advanced and extended the doctrine of
protection. pure aud simple, intrcnch-
ing it behind the revenue idea, but APP
plying it in manner TO work restraint
of trade and foster monopoly. Every
protected" industry demanded more,
and SO long rs any iinportations what
ever were possible under any tariff
schedule. this fact was urged as n
reason for increasing the tariff tax to a
rate which should work absolute pro-
hibition of imports. And rs, under this
doctrine. al articles which could not be
grown or manufactured in this coun-
try were placed on the free list and not
taxed at al. tho ten cncy was constant
" to decrease the amount Of revenue
while Increasing the t-ibutc that the
people were compelled to pay to pri-
yate monopolics for all nccessarics Of
life except these not produced at home
in sufficient quantities: aud even upon
sugar. though freed from tariff taxa
ton. they were compelled to pay tax
in the form of bounty TO the home
producer.
Tho browning infamy in the develop
mcnt OF this system was the Mckinney
bill, which. coupled with the cxtrava-
giant appropriations Of the Reed con-
gress, is directly responsible for the
present dangerous condition of the
United States treasury.
The Mckinley bill is framed 20 pre-
vent the accumulation of revenue, by
prohibiting importaiions, AMI thus to
work restraint of trade. The people
will remember that il is the Mckinley
law, now in force. which fails by ten
million dollars every month To provide
the treasury with sufficient means TO
meet the obligations that were created
At the same time by a republican con-
grcss: while the people. because OF this
same Mckinley law. are forced TO pay
millions into the Golfers OF trusts and
monopolies. which sums. II paid into
the national treasury instead, would
ill it constantly to overlooking and
soon cxtinguish the national debt
At the common law, q contract in re-
straiEt OF trade Is void, as being
against public policy and welfare; but
republican legislation has icgalized
and encouraged restraint Of trade 70
the injury or the public welfare.
1t Is this condition of things, made
almos: imprcgnablc by long success,
with which the present democratic adj
min,stra,ion has TO deal. 1t requires
courage and hard lighting to bring
about reform, and it demands the c1cr-
else Of patience on the part Of the poo
pie. Great reforms are accomplished
gradually. and SO it VIII be with tariff
reform. We must patiently but per-
sistcntly and steadily undo the wrongs
that have been done to the people, in
the name of specious. but false and
vicious principles and doctrines. kan.
sas City Times
Cause Of the Deficit.
Republican tariff legislation injured