Evening star., 1896-10-07
A SHORT MONEY TALK
Major Mckinley Explains Govern.
ment Receipts and Expenditures.
BEST WAY OF RAISING REVENUES
Republicans Favor Taxing Foreign
Products.
THE BEST SORT OF DOLLAR

CANTON, Ohio October 7.-Shortly after
o'clock this morning a small but enthu-
siastic delegation reached this city to call
upon Maj. Mckinley. They came in a spe-
cial car attached to a regular train, the car
being gaily decorated. The party came
from Goodale. Ind. They were introduced
to Maj Mckinley by A. P. Jenkins
Maj Mckinley said:
My Fellow-citizens of Goodale, Ind: 1t
gives very great pleasure to meet you
here at my home this morning. 1t Is al
ways a distinction to have political Or
ganiZation adopt ones name. 1t is espec-
Tally gratifying to me to be assured that if
you not the first club in the United
States to give me that honor, you are Ger
tainly the first in the state of Indiana and
j thank you for it.
I'VE are engaged this year in a great ma
tional contest. the result o. which Will de-
ssImine for years to come the public poi
tiles which shall govern this country. Gov
ernment is always an interesting study
There is a deal Of misunderstanding as
to how the government gets it's money and
how it pays il out. There are some people
who seem to believe that the way the gov
eminent gets its money is to make 1t. The
government Gets its money by taxation
and can g,t it in no other way. Thera are
th:ee or four sources from which the gov
ernme!t of the United States gets money
The chief sources of revenue are through
tariffs and Internal taxation. Then II =
government gets some money from the sale
OF Its public lands and from its postal scr
vice. and from these several cources th.r
comes the money that is annually required
to meet and discharge the public expenses
1t takes about si:}O,OtDO1O a year to con-
duct this government a million and one
third dollars for every day are required to
Keep Its wheels in operation. Now, if the
government had the power to make money
as some people seem to believe, or had the
power TO double the value of thing by its
stamp or fiat 1T would not need to resort
to taxation. 1t would simply set its mints
to work and make the necessary amount
OF money to pay its running expenses. 1t
could have paid off the national debt Ion,
years ago in this way
There is another thing I would have x,,,
all know: That the government cannot gel
soId or silver through the custom houses
O. the internal revenue offices without Civ
n,s II, something for IT, just as you and 1 have
10 give something for it if we want gold
OF SILVER Now, now does the government
u.suiDute this money? Somebody asked
me this question the other day
L ne government distributes its animal
receipts under appropriations of Congress
To IT'S creditors That is the way the money
OF the government is distributed 1t is dis
triDuted to the army and navy for nrh,:c
improvements. Tor rivers and harbors TO.
the great postal service of the country for
the expenses of Congress- for sustaining
the 1uGiclary, to pay the principal and in
tereSt OF the public debt, and to nav the
pensions of soldiers and to other cre1itors
OF the government: and there is no other
way Tor the government to distribute anx
,riSSneS' except TO pay II to the people TO
"nOHl IL owes money There is no suc.,
tfihs as general distribution of money
Dy the government of the United States
7 ne point 1 want to make IN the little talk
tn =
Ihat the government does not create
money that Ii cannot create money and
that Whatever money il needs 1t has to
collect from taxes, either by system of
uiect taxation or by system of indirect
taxation, known as tariff and that if the
government wants to have any gold or sill
yer mlnted for its own uses it has to pay
Tor that gold and that silver lust as yoI,
and would have to pay for it if we wanted
IL for our purpose.
The idea that the government can Gre
ate wealth is mere myth. There is moth
Ing that can create wealth except labor as
my friend to the right puts it,
Taxing Foreign Products.
Now. the best way to get this money is
one of the serious questions in this cam
paIgn. Is ii easier to raise it by direct tax
alton, by taxing the people in their occupa-
tions. on their property and on their lands.
or Is 1t not better to raise it by putting the
tax upon the foreign products that come
into this country to seek a market in the
United States? applause and cries You
are right, major.)
The latter Is the policy and purpose of
the republican party. The republican party
DeIleVeS that the great bulk of the money
required TO pay the expenses of the gover.-
meht should be raised by putting a tax
upon the foreign products that come into
TINS country to compete with American
prcductS- III we create money by merely
starting our mints running, then there
would be no necessity of taxes
Now, there is another thing / want to
talk TO you about for moment. We want
our money good. / do not care what en-
pioyment We may be engaged in-whether
We work in the shop on the farm or i'm
profession-we want every dollar we have
IN circulation as good our flag and as
unquestioned as the currency of any coun-
try in the world; and that is the purpose,
or the republican party today. (Applause)
ana we intend to support this government
by taxes upon foreign imports and internal
revenue in the public treasury if the peo-
pie elect us to power. to pay our bills.
(ChaerS)
Inc government is Just like an indi-
FiduaI. when 1t has not enough income to
pay It's expenses it has to give its notes to
raise money: II has to do that or quit bus
mess. and when the government of the Uni
ted states has not enough money to nav lis
running expenses the only thing 1t can do
IL 10 borrow money: and that is what has
been done for the last three and a half
years That IS what we propose to stop l
thank you. my fellow-citizens for this call.
and II Will give me great pleasure to meet
You every one individually loud cheers)