The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1896-12-10
The Dingley Bill.


that the Dingley bill will become a law,
it is pathetic to hear the appeals to the
incoming United States Senate. Mr..
Mckinley is single idea man, his one
and only love and hobby being protec
ton Of the trusts and syndicates and
corporations and manufacturers from
importers, no matter how much it robs
consumers, and yet he very much de-
sires that this bill shall become a law.
Mr.. Mckinley. believes that the vol
ume of money will be increased by it.
His narrow views prevent him from
seeing farther than the revenue re-
ceipts. The bill provides for a 60 per
cent. tariff on raw wool and manufac-
tured wool, and 60 per cent. on lumber
and manufactured wood, and in this
manner provides for an income of $4O,-
100000 annually, which, it is claimed,
will supply the shortage Of required
revenue for the expenses of the gov
ernment, and therefore will stop the de-
pletion of the gold reserve fund. That
is as far as the Major sees into this sub
ject.
This revenue measure will benefit the
expense fund just that much, but it
will not stop the raid upon the treasury.
The raid will continue as long as the
endless chain of redemption and reissue
of legal tender notes and the issue and
sale of bonds keeps up. The revenues
from the bill will not add dollar of
rvn1d fn <1o f,,,,1 a.
prevent its depletion.
How, then, will the Dingley bill help
the people? 1t will not help them. 1t
is not intended that it shall benefit the
people.
The tariff provided by this bill will
have to be paid by the people as con-
sumers of manufactured wool and lum-
Der and manufactured wood. The i'm
porter of these things will have to pay
the tariff that he may compete with our
home production, and he adds it to the
price he receives for his goods in order
to keep even with the tariff law; and
then the wholesalers and retailers add
it to their prices, and so the consumer
pays it. In this manner Mr.. Mckinley
and his gold standard party benefit the
people, and it is the way the gold stand
ard will bring prosperity and plenty of
money thereby.
There being no necessity for any fur
ther tariff laws, the Dingley bill should
be defeated should it be offered for
passage. This point is emphasized by
Mr.. Cleveland when he publicly admits
that the Gorman-Wilson tariff law
would have been ample for all the
needs of the government if 1t were not
for the depression of business which
means that it will be amply sufficient
under the Mckinley administrators
business prosperity. We are consoled
very much by this thought, and recog-
nizes Mr.. Cleveland's astuteness and
his unfriendliness to Mr.. Mckinley, his
gold standard associate.
But what will Mr.. Mckinley do un-
der this Cleveland tariffism? He de-
pended so much upon Grover, who has |
knocked the pins from under his one |
idea. He might work up another but
ton tariff act and include his campaign |
buttons. His occupation is gone and |
Grover did it, and the Dingley bill will |
be superfluOus. The silver Senators |
will not vote for any tariff measure I'M
til they secure free coinage-until sill |
yer is restored. These Senators control |
the situation, and they should hold it. !
If they let go, the cause Of silver will |
be dead. There should not be Ding |
ley bill, nor any change in the tariff |
law, no general tariff bill, which Mr.. |
Mckinley has already mentioned, until |
the volume of money is doubled by the |
of silver at the present |
ratio of 16 to l with or without the con-
sent of any other nation.
Senator Teller, who is inclined to
favor the Dingley bill, cannot take his |
silver colleagues with him.
Prosperity Comes Not.
That wave of prosperity which was
TO follow Immediately on McKinley's