New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-18
THE REPRESENTiTIIE or YESTERDAY.

THE REPRESENIlIi'E "f i"''"'''
When Secretary ToUccy. of Buchanan 'ap-
mot after the Democratic defeat in lS'". al
ten,tcd in public speech 10 explain me p'Hc!
90 ,l, covcrnment men quoted. "Ilark from the
,,ho Th,i the era in the Nations history
which Mr. Touccy represented was ehuen ior
,..o. MON know and they were only interested
to know the policy of the coming era Secretary
Carlisle will labor under the same difhcui'y III
ottcmpting 10 talk Of financial questions thls
. Ito cannot represent the lawmakers who
,,,I, ,sson,hle in 4 fortnight nor Tie public opinion
,h;ch bos sent IN enormous ma jority Of Republ-
cans to Congress. and will send men 10 take TIE
naces Of President Cleveland ana secretary
Carlisle as soon rs possible. lie represents yes
tcrday and the day before. Business men nave
an Interest in tomorrow.
II IS supposed that the Secretary VIII lake oc-
cason 10 urge legislation empowering IN Issue
of short term Treasury certificates III order 10
meet the current deficit There are TWO opJec-
tions TO this plaI The first is that the deicit
has no business to exist. The second Is th;'t me
Secretary has shown passionate desire WHICH
might almos; he called fanatcal, to retire or lock
M the greenhacks and an issue of ceruhcales
woull give him larger power to that END. lie
certainly will not be supported by the people nor
lv tho busincss men of NewYork. in striving
to nrolone The deficit which he helped to create,
nor in preparing the way fer State bank issues
hv getting rid Of the legal tenders. The discus
sion Of schemes belonging to the bygOne Demo
cratic era does not greatly thrill with Interest
mon who want 10 know something Of the meas
ures by which the country is to escape from
trouble
The trouble is twofod The Treasury faces
n deficit which compels ii To exhaust us re-
sor,.. from time 70 time in order 70 protect it's
currency. There would he no such need II me
revenue exceeded the necessary expenses Of gov
.rnurnt The Nation faces deficit. buy ne
more month by month than it sells, which com
nels II 10 send its gold abroad in settlement.
There would he M such need if the duties on I'M
norris were not expressly framed to encourage
buvnc from abroad and TO make fraudulent eva
sions Of duty easy The rcmcdy for both forms
If trouble t.; the same. Restore duties Of such
a character thar they cannot be indefinitely
cvaded and will yield larger revenue from
smaller importations The specific instead of
present al valorcm duties would shut out vast
quantities OF shoddy and other worthless goods
which are now empticd on this market The
higher duties would return more money on i'm
fashionable and wealthy import because they are
foreign and costly. The Republican tariff in its
last wear yielded over SOB 100000 without duties
on sugar. The larger revenue would enable the
Treasury to take in more money than it pays our,
and thus to become real help to the finances
Of the country in any moment OF stress instead
of constant burden TO be carried anu source
Of peril.
That Secretary Carlisle IS sincere in OPP
posite opinions no one will doubt But 1t is time
for him to recognize that the country has done
with the entire policy he has earnestly advocated
After three years Of trial. II has decided TO have
something else He may argue, Of course. that
the Democratic policy has not been exhibited at
its best by the corrupt legislation bought through
Congress. nor tried under fair circumstances.
Ii was tried when Democrats chose to enact 1t
a frightfuy bad time for any radical change II
is true, but they insisted upon trying 1t then
Il was tried as Democrats chose To frame it-not
a crelilablc piece Of work, but there is no cvi-
dencc that another attempt would not result in
4 worse lob instead of better. Having more
than enough of H. the people have demanded
tariff for protection and ample revenue instead
Of "A tariff for deficit and for the encouragement
of foreign manufacturers
II would be most timely and sensible for
Secretary Carlisle 10 recognize the impossibility
and the Improperly Of resisting the popular will,
and therefore 10 propose rs an executive officer
Of the Government frank and manly acceptance
OF that will. If Ec would call upon his friends
i'm Congress 10 make no dilatOry opposition 10
measures which Il majOrity fresh from the people
may cnac, for the Nations RELIEF, and publicly
announce that he should advise the President to
permit any such measure 10 become il law II he
was not willing to sign H. The Secretary would
render greater service than he has yet been
able To render 10 the cause of good government
and public prosperity.
TRADE ~ EASTERN AST4