The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-07-03
A suAAIRFUn O o

The United States treasury Deficiency anu
tho Responsibility For It,
NsD York AdptHia.
Tho fiscal year 1895 has closed. Ten
months Of this year have been under
the now Democratic tariff, and no
amount Of juggIery, however audaciOuS'
no array Of false entries, however Sy'-
tematIc, can conceal its absolute ineti'
cheney as q revenue measure. For the
past week the energies OF the treasury
department have been concentrated in
a desperate effort to keep expenses
down in order that the month OF June
might show q slight surplus, and tho
deficit for tho year be reduced to the
lowest possible figure, On every day
Of the week expenditures which were
due and which could not honora'
bly, be held back, were retained for
the purpose OF lessening the apparent
deficit, The war department. the navy
department aud the department oil the
interior we're each in turn deprived oil
their regular allotment Of funds. On
Saturday, the last working day OF the
yea tho ordinary pension payments
were withheld. The average daily ex'
penses Of the government are q little
more than 81, ZOO, 1000. They were re-
duced on SATURDAY to Sl99,25s. by
mea OF this procoiH the deficit for the
twelve months ending June 80 has been
made to appear ouly $44,40i, 1888 II all
the deferred payments had been made
it would have exceeded S5O,OOO,OOO, aud
might evsn have reached S6O,OOO,OOO.
Every dollar OF the money that has
been withheld will eventually have to
DO paid. It would surprise nobody II
the deficiency for July should mount
IN to a dozen millions. Yet this fact
is sure to be studiouIly ignored by
Cleveland organs. Within tho next
few days tho country will be deluged
with msndacious articles declaring that
the treasury operations for the month
OF June show that the present tariff Is a
marked shccesI as q source OF revenue
for the government and appealing to
Democratic voters to sustain theadmin.
~istration which has triumphantly OK.
tricatod the country from its financial
dilemma
These tactics may impose upon some
ignorant Democrats, but they will not
humbug the intelligent Democratic
business men Of tho north, The vast
majority Of the American people pos
sess too much common sense aud too
thorough q knowledge Of political
affairs to DO duped by such shallow
fraud. The fact stands out clearly and
unmistakably that the Democratic tariff
is a gretched failure which must DO
radically amended by the imposition Of
higher duties, unless the government is
to be driven along the road toward
bankruptcy. Increased toll on com.
peting foreign products or another bond
sale aud huge increase OF the national
debt-theIo are tho ~inexorable al
ternatiyes which confront the govern.
ment. The peoples choice between
them iS already mRdo. II was emphat.
ically enunciated in the overwhelming
majoritiea last November for Republi.
canism, higher duties and protection.
The Congress which meets next winter
is under imperative obligations to obey
this mandate. II the President, whose
bigoted adherence in free trade doc
trincoS has already inflicted such loss
and calamity upon the nation, ventures
to doiy the will OF the people by obsti.
nately refusing to permit q Measure in.
creasing tariff duties to become law, no
will furnish an issue upon which Re.
publicanism will sweep tho country,
like a cyclone in 1895.