The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-12-27

THE Bond Bill, however. is innocent in
comparison with the tariff villainy, which
was put through yesterday with whip
and spur.
This measure transfers wool from the
free list to the taxed list with an i'm
pcs of 60 per cent. OF the Mckinley
rates. except in the case of carpet woois'
which are restored to full McKinleyite
protection" Wooden goods of all sorts
are placed under a duty of go per cent. OF
the Mckinley rates in addition to the
ad valorem tariff of the present law, ex-
cept carpets which are placed under the
same specific duties as by the Mckinley
law in addition to the present ad valorem
duties.
Secondly, the new bill transfers al
articles of lumber on the present free list
to the dutiable list with 60 per cent. OF
the Mckinley rates.
Thirdly, the present sugar schedule.
being wholly satisfactory to the trust.
remains untouched.
Fourthly, all other dutiable schedules
are raised Is per cent.
Dingiey proceeds to insult the intefi-
gence of the American people by saying
that this is not a protection measure.
He is right. 1t is in most cases a
prohibition one. It would at this time
bar out all foreign importations save
what remained on the free list. It would
throw our manufactures back into the
protected stagnation of the post belllm
period. 1t would again paralyze our
commerce, raise the prices of necessities
on the poor and place the wage scale
completely in the control of the bosses.
Mr.. Dingley says the object of the bill
ds to raise $40, o0o.0 900 of revenue to offset
the present deficiency. Mr.. Dingley is
either a fool or a rog-ue-something OF
both. perhaps. The true effect of the
proposed measure would be to cut about
$40 600. 600 a year off our customs receipts
by completely o~bliterating foreign trade
in the vast lines of goods which it
covers.
In the debate in committee on Christ
mas Day, , the Democratic members
pointed out the total absence of need
for any such legislation. The Govern
ment has a surplus of $40. 0o0,00 o to draw
upon in case of need. Meanwhile the
steady growth of our foreign trade in
articles reasonably taxed under the pres
emit law promised the speedy closing up
of the gap in the National finances.
The President has made no complaint of
the revenues. He knows that the def
cheney is a thing of today which will
have disappeared before this Congress
convenes in it's second session.
But the object of this majority Of sub
versives, who rave possession of the
House, is to stand by their own gang,
the highly protected capitalists, who put
up the dust to elect them, and who ex-
pect a good solid return for the invest
ment. The hope is that with Populist
help this nfamous bill can be got through
the Senate, and bnen f1FaVeH di.u edill
viii be moved to bulldoze the President
into letting it become law.
We do not think the effort will succeed
The President is not of the chameleon
order of statesmen. His principles and
convictions are fixed. His intellect is
clear enough to see what the results OF
the present policy are bound to be if the
government is p~ersevering in it. He is
wise enough to see the ruin of constant
change.
When he i~nterposes his veto against
this most UBIQUITOUS bill. the calamity
howlers will again be heard. The entire
Republican press will devote itself to the
destruction of industry and trade until
after the next Presidential election.
--
WHAT in the name Of common sense
does the new editor or the Journal,
mean BY the Greater HudsonY The