Middletown transcript., 1895-10-05

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known to all those who are CONVEX
SAINT with the situation, and easily ac-
cessible to everybody. During the
month of September the receipts of the
the government have grown to be as
large as its expenditures, but that does
not mean, as somfj Informed Demo-
Gratis are say ing, That the receipts of
the government have grown t. be as
large as its expenditures. Not at all.
The explanation, instead of being fav-
orable to the administration, is de-
cidedly the contrary. The heaviest
payments of the government are made
early in ;he quarters beginning July 1,
Oct. l, January l and April 1, conse-
quently the smallest expenditures are
for the last months of the quarters
June, September, December and March.
This is so t., large extent under all
administrations, but it la. been par
ticularly SO under the present, because
IF the system Of Withholding payments
during he lasi half of he quarters for
I llr pulprs- "f misleading the country
AS tu tile 81 t. 81 The public finances,
which has been such a marks d feature
of The Cleveland regime. Last April
he receipts, under this syst-m, ex-
ceded tie exlthditures. it was the
same in jun, the excess for that
month being about $2,000.000 more
| han for Sept mber, and it will doubt
less be The same for December; but all
the while that annual de felt has been
steadily climbing, and it will continue
TO cline until the Republican Con-
gress takes hold and passes he legis-
latiOn necessary to increase t lie reve-
nues of the government, through a
revision of the Democratic ta. iff law
which Democratic Treasury officials
openly acknowledge will never provide
all the money needed 70 run the gov
ernment.
When you Wisli to know the actual
conditions of the U. s. Treasury do
not take the figures specially juggled
for any single mo til. but take them
foI an entire year. For instance, on
Aug. 81, last, the Democratic tariff
law had been in effect for one year.
Now what sort of a showing was made
during that year? Here are the figures
made Icy Democratic officials: The to-
tai receipts were S295, ,061 ,022, and the
total expendi; ures $3.50, ,O26.3 1872. Now
very simple example in subtraction
will show that the deficit for the year
was $63, ,965, ,310, a sum neatly equal to
what was received from that foreign
syndicate for the last issue of bonds.
This isn't partisan politics, but a state
ment of cold, hard facts. That these
facts demonstrate the incapacity Of
the Democratic party to successfully
administer the affairs of the govern
ment is true, but that is only so much
the worse for the Democratic party,
which is responsible for these disa-
greeable facts.
Speaking of bond issues, anyone can
easily ascertain by comparison of the
available cash in the Treasury just be-
fore the first bond issue with the
amount of available cash on hand to-
day that the three bond issues, while
Ostensibly made to replenish the gold
reserve, were in reality made to obtain
the money to meet the deficits in the
receipts of the Treasury brought
about by Democratic misgovernment
and attempts to put the country upon
free trade b,sis. 1t is no exaggera-
lion to say that had the Democrats
when they came into power officially
announced their intention to let the
Mckinley tariff alone, there would
have been 10 bond issues and no
panic.
Every day something turns up to ac-
centuate the desperate condition of
Senat II German and his ticket. The
latest is the refusal of his registration
ffieers TO allow a number of Republi-
Gains who own homes, valued all the
way from 81, 600 to $4,000, in Mary
land, but do business in Washington,
to register in that state. A test case
will be taken to the courts but as
German controls the counts largely
there ISM. much hope of accomplish
ing anything further than putting
them ON record. @,e1Jis