The Evening dispatch. [volume] (Provo, City, Utah) 1891-1895, 1895-10-30
HARRIsoN's.
Total 81 E8g. .450.848 81 Isl, ,6lO87 sl54, go 4l9

Total 81. $685. 450S43 81 3sl 6l0,397 Sl54, $40 449
It viii DO seen fTom the foregoing
table that for the four years of Mr..
CIeveland's administration, the total
receipts were S62 .291 I'll less; the total
expenditures. SIS, 81 ,258 less, while
the surplus was $2l9 $40 ,54S more than
during Mr.. Harrison's. Still more i'm
portant facts may be noted by a
further examination, The revenues
increased every year during Mr.. Glove
lands term, beginning with 1886, ,439, ,723
in 1886, and ending with $3S7 ,050,055
N 1889, while the reyerse, with the ex-
ception OF a single year, is true of MIR.
harrison's. During the latter's term
the revenue fell from $4J3,OS0,982 in
1890, to $354 ,937, ,7S5 in 1892. and $780,
1885, in 1893. and the surplus reven-
ues from SlO5, ,344 496 in 1890, to 50, ,S44,-
GA the last year OF his te rm.
IL has heretofore been pointed out
how Harrison wantonly wasted Mil
liens in redeeming bonds not due and
how the magnificent surplus OF $374,-
lS9, 1897 left by CleYeland melted away
in the extravaganza OF Harrison's ad-
ministration like snow before the noon
day sun. At the same time that ex-
penses were increasing during Harri-
sons term, the revenue was decreasing
and the net imports of gold amounting
to So, ,788, ,53S during Cleveland's term,
ansed TO net export OF gold during
Harrisons reign OF $l57 1886, ,S03. Thus it
WIii,be seen that the conditions were ex
actly reversed The terrible drain on the
nations gold during the last three
months of Harrlson's administrator
Was more than $12, ,000, 900 ger month
OF exports over imports. The gold
reserve was rapidly falling, and the
panicky feeling that had ebbed and
flowed became so great during the last
three months of Harrison's term that
an order was issued by Secretary Fos-
ter for the engraving of bond plates,
and had it not been for the assistance
OF New York banks, President Harri-
son could not haYe tided over the pafsjs
The tinanciers and business men had
noted the falling revenue; the increase
in governmental expenses, and the ex-
cess of exports over Imports OF gold
during Harrison's term. They knew
that the causes that were at work
would have precipitateda penicand they
turned with confidence 20 CleYeland- on
account of his former statesm an-like
administration of national affairs, and
Mr., Harrison was buried beneath an
avalanche of votes. The change in
the executive, however, had come too
late and the panic that had been made
possible by the policy that had manu-
factured a thousand millionariea per |
annum, was precipitated by the NAL
administration Of PRESIDENT Harrison.
We have pointed out the cause and |
noted the effects, and we ask our read
ers to carefully study the figures we
have given and especially those relat-
ing to the comparison of the two ad-
ministratiUns.
The causes we have pointed onA Asre.
ample to account for the terrible q +{seEassy
and to those causes Can be referre6 the
fearful ordeal through which this Ma
tion has been passing, and we hereby
defy the pee-wee calamity howlers
across the block to refute our reason
ings as TO the causes that precipitated
the panic of 1898.
Ii the people OF Utah will only listen
to the behests Of reason instead of the
sophistry and lies of such creatures as
thst across the block, and which, day
after day, dishes up Tribune offal to
feed to its readers, all will be well.