The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-09-08

House vas not satisfied with the amend
ments; the bill went to conference; for
more than month, with daily meetings,
the conferees failed to reach an agree
ment. Finally, the question was pre-
sented IN such fashion that we must
either accept the Senate amendments or
nave no bill, thus permitting the Odious
Mckinney law to remain upon the statute
DOCKS. When we were convinced such
was the true situation we did
not hesitate a moment we accepted
the Senate amendments and so
the bill became a law. This bill
is not all we hoped for. IL contains pro
Visions we deplore, provisions which the
House, by separate bills, Immediately re-
peaIed; and yet, taken as a whole, it goes
further IN the direction of relief to a tax
ridden people than any bill that has been
considered in any congress since the war.
It's reduction of rates is greater than
those proposed in either the Morrison bill
or in the Mills bill. 1t places wool, cop
per, tin, lumber, salt, binding twine, bags
and Dagging, agricultural implements,
and many other articles on the free list.
In nearly every schedule there are
large reductions. In the iron,
steel and wooden schedules there
are many reductions exceeding as
per cent. On the basis of the importa-
ton of 1929, on wooden manufactures
sumer of more than Sl63000, 600. On cot
ton, on felts, on common velvets, and on
hundreds Of other articles, the reduction
is greater than 80 per cent. The bill
places tax on sugar. A large majority
of the democrats in the House opposed
this, and as the bill passed the House,
sugar in all its forms is on the free list.
The cane grower got no aid from the
government, the sugar trust got no aid
from a fnn-
came law places an ad valorem
duty of 40 per cent on sugar;
leaves the sugar rehner a little more
than one-half what he got under the Nc
Kinley law. and repeals the bounty Of
cents a pound. This provision will pay
S40,000,000 into the treasury and save
the Sl2 COO, 900 we paid last year as
bounty. The bill contains provision i'm
posing tax of per cent. on all incomes
in excess of 81, 600. l have thus outlined
merely the provisions Of this great re-
form measure. 1t strikes at trusts
and monopolies. 1t reduces the cost
of the necessaries of life. 1t,
to some extent, opens our markets
at home and enlarges our markets
abroad. 1t promotes agriculture it en-
courages manufacturing and il viii add
to the comfort of millions of our fellow
citizens. We voted upon a proposition to
repeal the tax upon the circulation of
state bank currency. l believe that our
people would derive more immediate bene-
tit from the repeal of that law than from
almost any other legislation that could
be had Against US on the question were
found many democrats, all the republicans
and all the populists; a majority
thus constituted defeated our efforts
and the repeal bill failed. This question
is not settled. We have repealed all the
federal election laws-laws which per
mitted the interference of outsiders with
our domestic affairs, and which were used
only to defeat the will of the people
Henceforth Georgia, as well as every
other state, will manage elections in ac-
cordance with their own laws, and
elections will be free and fair. We
have passed law which subjects
to taxation by the states more
than $500, 900, 900 which under republican
laws was exempt from taxation, thus re
Geving, to some extent, the burdens of
the taxpayer. We have reduced public
expenditures some $40, ,00000O for the cur
rent year. With this record, who can
assail usl
CHALLENGED BY THE POPULIsTs.
Our ancient adversary, the Republican
party, though not strong in this state, is
the enemy we must meet. When democ-
racy suffers defeat republicanism will be
triumphant. Here at home we are chal-
lenged by the Peoples party This or
ganization has candidates and it has
platform of principles OF its candidates
shall say nothing. They are presumed
to be as good hope they are better than
their platform. That platform contains
some planks which are new and
some which are old. Those which
are valuable are not new, and
those which are new are not
L. e..ss,
buy the railroads, the telegraph lines and
the telephones. The thousands of mill
ions of dollars necessary to do this does
not stagger them. The great army of
ohice holders necessary to manage and
operate these enterprises does not en-
barrass them The populist leaders deal
with millions as ordinary people deal
with dollars, and as for Offices, they all
want them This party has about
dozen members of congress only, and yet
the bills they have introduced in
congress propose the appropriation or
rather the printing and issuing of two or
three times as much money as there is in
the wide, wide world.
WITH COURAGE AND CONFIDENCE.
The Democratic party enters upon its
contest with republicanism and every
other temporary issue which may present
itself, with courage and confidence.
While we have not done all we hoped to
do, we have done more in the past year to
redress the wrongs of the people. we have
done more for their relief than was ever
done by any party in the same length of
time in any country under the sun. These
are bold words, yet l hold myself at all
times ready to defend them. Coming into
power al time of panic, when business
was at a staudstill, when labor was unem-
ployed, when our treasury was empty,
with courage and fidelity, we entered upon
struggle with the enemies of the people,
we emerged from that struggle victorious
in this 1--WE have repealed the Mckin-
ley law; we have greatly reduced taxa
tion we have made living cheaper; we
have made all money taxable; we have
taxed surplus incomes; we have re-
stored freedom Of elections; we have
reduced public eXpnditures, and we have
declared undying hostility to all trusts
and mouopolies, organized for the oppres-
sion of the people On these foundations
we "build our house" On these issues
we 90 before the people. For them we
have fought the good hght.' TO them we
have kept the faith and of them we have
no fear.
SECRETARY SMITHS SPEECH.
Secretary Smith was the next speaker.
He spoke in part as follows:
In opening his remarks, the secretary
reviewed the financial troubles of the past
eighteen months and congratulated the
south, as well as Georgia, upon the ex-