The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-08-29

all values, or an act which entails a de
ficiency in the public revenues We can
not inspire confidence by advocating re-
pudiation or practicing dishonesty. We
can not restore confidence, either TO tle
treasury or to the people, without a
change in our present tariff legislation.
The Tariff OF 1894.
The only measure of general nature
| that affected the treasury and the employ
ments of our people passed by the Fifty
| third congress was the general tariff act
which did not receive the approval of the
! the rest. Whatever virtues claimed for
| that act there is no confessedly one what
| does not possess. 1t lacks the essential
! virtue of its creation-the raising of rev.
enue sufficient to supply the needs of the
! government. IL has at no time provided
| enough revenue for such needs but ii has
caused a constant deficiency in the treas
ury and steady depletion in the earnings
of labor and land. 1t has contributed TO
swell our ional debt more than $780,
0OO,OOO, sum nearly as great us the debt
| of the government from Washington TO
| Lincoln, including all our foreign wars
| from the revolution to the rebellion. Since
| its passage work at home has been dimin-
| ished; prices of agricultural products have
| fallen; confidence has been arrested and
| general business decentralization is seen on
| every hand.
The Tariffs of 1890 and 1894 Contrasted.
The total receipts under the tariff act of
| 1894 for the first % months of its enforce
ment, from September 1894, to June.
| 1885, were S557.6l5,3 2S and the expendi-
| lures sou, AIS, 1868 or a deficiency of SS2-
Sv3,035. The decrease in our exports of
| American products and manufactures
| during the first 10 months of the present
| tariff, us contrasted with the exports of
the first 10 months of the tariff of 1890,
| was 500, 1858 320. The excess of exports
| over imports during the first 10 months of
| the tariff of 1890 was S2l3 972, 96S, but only
t56, 75S, 1928 under the first 10 months of the
| tariff of 1894, loss under the latter of
! Sl57 PA 55. The net loss in the Il ade bal
| ance of the United States has been $780,
| 9S3,6O7 during the first 10 months opera
| ton of the tariff Of 1894 as compared with
| the first 10 months of the tariff of 1890
| The loss has been large, constant and
steady, at the rate of sl3 1876, 900 per month,
or S5OO,OJO for every business day of the
| year.
Losing in Both Directions.
We have either been sending too much
money out of the country or getting too
| little in, or both. We have lost steadily
| in both directions. Our foreign trade has
| been diminished and our domestic trade
| has suffered incalculable loss. Does not
this suggest the cause of our present de-
| preston and indicate its remedy? Conf
| dence in home enterprises has almost
| wholly disappeared. Our shops are closed,
or running ON half time at reduced wages
and small profit, if not actual loss. Our
men at home are idle, and while they are
| idle men abroad are occupied in supplying
| us with goods. Our unrivaled home mar
| ket for the farmer has also greatly suf-
fered because those who constitute 1.-THE
| great army of American wage earners-
| are without the work and wages they for
merly had. IL they can not earn wages
| they can not buy products. They can not
earn if they have no employment, and
when they do not earn the farmers home
market is lesSened and impaired, and the
loss is felt by both producer and con-
sumner. The loss of earning power alone
in this country in the past thee years is
sufficient to have produced our unfortu-
nate business situation. If our labor was
well employed, and employed at as re
muneraave wages as in 1857. IN few
months every farmer in the land would
feel the glad change in the increased de-
mand for his products and the better
prices which he would receive.
Not Open MINIS but Open Mills.
It is not an increase in the volume of
money which is the need of the time. but
an increase in the volume of business.
| Not an increase of coin, but an increase
| of confidence. Not more coinage, but
more active use of the money coined. Not
| open minis for the unlimited coinage of
| the silver of the world, but open mills for
| the full and unrestricted labor of Amer
lean workingmen. The employment of
our minis for the coinage of the silver OF
the world would not bring the necessaries
and the comforts of life back TO our peo-
| pie. This will only come with the en-
| ployment of the Masses such employment
Is certain to follow the re-establishment
of wise protective policy which shall en-
courage manufacturing at home. Protec-
! ton has lost none of its virtue and I'M
portance The first duty of the Republic
an party If restored TO power in the
country, will be the enactment of tariff
| law which will raise all the money neces-
sary to conduct the government, econom-
ically and honestly administered, and so
adj usted as To give preference TO home
manufactures and adequate protection to
home labor and the home market We
are not committed TO any special schedules
or rates of duty, They are and should al
ways be subject to change to meet new
conditions, but the principle upon which
rates of duty are imp ed remains the
same. Our duties should always be high
| enough to measure the difference between
the wages paid labor at home and in COM
peting countries, and to adequately pro
tect American investments and American
enterprises
OR Farmers and the Tariff.
Our farmers have been hurt by tho
changes in our tariff legislation us severe
ly as our laborers and manufacturers,
badly rs they have suffered. The Repub-
lican platform wisely declares in favor of
such encouragement to our sugar inter
ests, las will lead to the production on
American soil of all the sugar which the
American people use"
1t promises to our wool and wooden in
terests 1.-THE most ample protection "a
guaranty that ought to commend itself to
every patriotic citizen Never was more
grievous wrong done the farmers of our
country than that so unjustly inflicted
during the past three years upon the wool
growers of America. Although among
our most industrious and useful citizens
their interests have been practically de-
stroyed and our wooden manufacturers in