Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1895-03-22
DEMOCRATIC RECKLE,sNEss,

slight idea of what the cost has been
when the entire business interests of all
the people are considered. The nations
treasury bears about the same relation
to the condition of the nation as does
the individuals ready money or bank
account to his prosperity or otherwise.
The New York Tribune gives the state
ment with explanations, as follows:
During the twenty-eight months since
the election in November, 1892, Of a DEM
ocratic congress and president the re-
ceipts of the treasury have been, in round
numbers, $780, 100000, and expenditures
$S7O,OOO,O O0, leaving a deficiency of Sl15,-
100000. During the twenty-eight months
prior to that election, with the Mckinley
law in force most of the time, the receipts
we're SS68, 100000 and expenditures $780,
100000, leaving IA surplus of $62, OOO, 1000.
This makes a surplus of over 81, 100000
a month before the voters decided to
plunge the country into the democratic
tariff experiment, and a deficiency of
$4,OOO,OO a month since that time. Here
is the statement:
Twenty-eight months before election
of 1o92-surplus $62, 900, 900
HEAVYWEIGHT months since election Of
ls!2-uehclency. liz, 00O,WO
But in order to satisfy those who prefer
to consider the period in which the dem
ocracy has actually been in power, it is
we'll enough TO make another compare
son or two. During the first two years
of President Cleveland's term, ending on
Monday last, the receipts of the treasury
were IN round numbers $500, OO0, 1000, and
expenditures s737,0O0,0O0, making a de-
ficiency of SLOT 100000. It is quite fair
to compare this with the two years of
President Harrison's term just preceding
it, or even with the first two years of his
term. That the reader may take his
choice, they are both given The two
years of President Harrison's term Just
preceding Mr.. Cleveland's inauguration
showed receipts of S72O, 600 900, and ex-
penditures of s7o7, 100000; suplus. sl3,-
100000 The first two years of Harri-
sou showed receipts of 1904, OOO,O 0 and
expenditures of S603, DOC, 900; surplus,
S201, 100000. Here are the figures for
comparison:
Harr SON last two years-surrlus... 100000 600
Harrison's first two years-surplus. :. POI, OJO, COO
C!eveland's annual average-defic-
Harrison's annual average surplus. $4,000 900
Curiously, the figures for Cleveland
and Harrison are precisely the same as
relates to the annual average, except for
the trifling fact that for Cleveland's term
it is a deficiency. while for Harrison's
term it is a surplus.
There is also another interesting way
of looking at 1t. During President Cleve-
lands two years he has made no add
tions to the sinking fund provided for
the extinguishment of the public debt,
but, on the contrary, he has added $780,
100000 to the public debt by his bond
issues. During President Harrison's
term he borrowed nothing, but, on the
other hand, reduced the public debt in
the comfortable sum of $2333 900 900.
Figuring it out by years and months, the
account stands as follows:
Harrson's reduction public debt, an
Cl level trs" Increase public debt, an. s'o''00'00o
Coming down to the actual operations
of democratic tariff laws. while there are
only six months in which to study and
make comparisons. even those six months
ara instructive. The Wilson law has
been in operation six months, and the re-
celpts OF the treasury IN that time have
been Sl34,O0O,O0O, or all average of ? .
100000 a month. During the forty-seven
months ia which the Mckinley law was
in operation the receipts were S1,3S1,-
100000, or an average of %S29,OCO,OO0 a
month. So the figures as to actual oper-
alton of the two laws, SO far as one is
able to compare them, stand as follows:
Wilson law-average monthly re-
Mckinley law-average monthly re-
29,OOO,OUO
For the convenience of any one who
may want to compar democratic with
republican laws and influences, the above
statements are recapitulated, showing
the conditions "before taking and after
taking"
Twenty-eight months since demo-
cratic Observation-Disclosures. $115, OUO, OOO
Twenty-eight months before demo-
cratic success-snrplus:. ......:... So, 10000
Twenty-four months since CIeve-
lands Observation-Disclosures. 107, 0NO, 900
Twenty. four months before Cleve-
lands inau sqration-surplus...:: 100000
Cleveland's addition to the public
debt-annual average. 81, 600, 900
Harrison's reduction public debt
annual average. So, OOO, 600
son law. 1900, 900
Kiniey 5000. 900
THERE is a statement going the rounds
of tho ototo rorar ~ tho aHoot FL o+