Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1896-12-11
WHAT OFTHE TARIFF
the GOVERNMENT MUST HAVE
ADDED REVENUE.

THE GOVERNMENT MUST HAVE
ADDED REVENUE.
It 1s Proposed that the Din91cy Bill
BE Passed and q Commission After
ward Appointed to Adjust the Tariff
Republican Majority in congress.
Suggestion by Sherman.
The government must not be per
united to so on without some addition
of revenue. The present Congress
should do all in its power to overcome
the revenue deficit 1t seems that the
measure that has the most favorable
chance tn pass Is the Dingley bill.
This was constructed to temporarily
ysstore the revenues. 1t was drafted
by Chairman Dingley of the Ways
Qnd Means Committee, after %consulta-
ton with Speaker Reed in the late ses-
sion Of Congress. 1t passed that body
easily and was stifled in the Senate.
The Dingley bill increases the du-
ties of the Wilson bill 10 per cent. on
everything except wool and wooden
goods, sugar and lumber. Wool Is
taken from the free list and made duti-
able ut 10 per cent, while q correspond
ing increase is placed on wooden goods.
Lumber is removed from the free list
ind made dutiable ut 10 per cent,
while sugar, which the Wilson bill
made dutiable, Is not touched. This
Is purely q event eApedient. 1t Is
not satisfactory, because Of the ad
valorem system, which is so conducive
to fraud, but it would aid the revenues
Immensely and to q degree give pro-
lection to American industries. 1t Is
the best thing that can be done in the
circumstances.
This bill should be passed through
the Senate If possible. There is con-
siderable doubt whether it can be pass
ed, but the chances for doing so have
been improved by the altered attitude
Of the silver men and by the belief
that Senators Brice and German will
put no obstacles IN the way Of its pas
sage. It had generally been assumed
that Mr.. Cleveland would not veto this
measure If 1t We're to pass and there
Is no ground to suppose that he has
changed his mind on that point. Doubt
less the Republicans will ascertain the
Presidents purpose in this matter be-
fore pressing the bill in the Senate,
and they will make every effort to
learn whether 1t has q chance in the
Senate before urging 1t, unless they
become convinced that it is well to put
those men on record who IRE ready,
| ffscrO ~nokfvae 30 cn3<r ~, ,,ONt1co ~chS~
to interfere with a restoration of the
Governments revenue.
If the Dingley bill We're passed, and
It appeared that q tariff commission
were impossible, Congress should be
summoned in extra session to restore
the protective tariff and to get rid Of
The Ubiquitous system Of I'D valorem
duties. Senator Sherman, O public
man whose abilities and patriotism are
fully recognized, except by n few carp
ers and absurd individuals, suggests
that the Dingley bill should be passed
and provision made for a tariff COM
mission to adjust the tariff. OF course,
such adjustment would be on protect
i've lines and to provide revenue also.
If this commission We're appointed it
would take considerable time for it to
complete its report, but when COM
pleted and passed by Congress there
would be little doubt that it would set
tie b tariff for years to come and take
it out Of politics. That is most desir-
able, for the country needs to have a
stable basis on which to do business
and n that will afford protection
without being too drastic in its duties.
The suggestion of Mr.. Sherman is an
admirable n and deserving of most
serious consideration. - Springfield
(Mass.) Union.
The Return of Property.
1t Is sure that some weeks, and pos
dbly some months, must elapse before
the country ut large can feel oil the
good effects of the revival of trade; but
the revival Is a certainty, not a specu-
lation. 1t already is In progress. Dun's
Review, q trade journal utterly without
politics, reports that 800 establishments
that We're idle before the election have
resumed work since Tuesday, Nov. 3.
and 300 have increased the number Of
persons employed. Every day." says
Dun's, adds thousands to the number
Of those who are able to buy a weeks
supplies, and gradually to make up for
months of enforced economy" The last
clause Of the sentence is significant.
Months Of enforced economy" were
often months of accommodating debts;
these must be paid before the old-time
purchasing power again m%anifests IT.
self.
The return Of prosperity comes in bet
ter guise in that it does not wear the
robes Of speculation. Business men,"
says the Weekly Review of Trade, ARE
anxious to prevent anything like fcti-
tious excitement. There is a greater de-
mand for supplies. materials and pro-
ducts. The speculative markets have
been reactinC. which Is merely mar.