Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1896-12-10

{ QIl4GIAl purpose pL iitch
+ price in cur markets g.. e. ElE. Au9-ican
manufacturers and I,.,rs aa=-r md
more profitable oppo '..s.E ias a1uH ee
. that our tartif laws cEtE FFiI ff#ly
! justified as sources afG. g." le
/ the government to ...s H. y
expenses Of it, maiui l,IH.. Cor Tered
| as tc its suffciency in tins aspect. tho
! present law can by no means fan under
! just condemnation. During l.e otny ,uIn-
| plete fiscal year of its operation, it has
| yielded nearly 5000 GOO more revenue than
! was received from tariff ua,..s 90 ..le
preceding year. There was acyertheless.
| a deficit between our reCci4 3 and eX-
penditures of a little more than 5,000
600 This however. was not unexpected.
believe our present ta-iT law If al
! lowed a fair opportunity, will In the near
| future yield revenue which. With rea-
sonably economical expenditures, will
! ovescome all deficiencies In the mean
| time no deicit that has occurred or may
/ occur need ->cite or disturb
/ To meet amy such def Il have in
! the treasury in addition gold reserve
! of 500 6GG eco. supIus of more
! than SIPS 6lUCG0 apple able to the pay
! ment of the expenses of the government,
! and which must. unless expended for that
| purpose remain useless hoard, or, If
not extraVagantly wasted must in any
| event be perverted from the purpose of
/ it's exaction from our people.
! 1t is UNNECESSARILY better to appropriate
our surplus to the payment of justifiable
| expenses than to allow il to become an
| invitation to reckless appropriations and
| extravagant expenditures | suppose 1t
| will not be denied that under the present
/ law our people obtain the necessaries OF
| comfortable existence at cheaper rate
/ than formerly. This is "A matter of su-
| preme importance since it is the palpable
! duty of every just government to make
! the burden of taxation as light as pos
! sble The people should not be required
to relinquish this privilege of cheaper
/ living except under the stress of their
/ governments necessity made plainly
I manifest.
This reference Il the condition and
prospects of our revenues naturally sug-
gests an allusion to the weakness and
/ vices of our financial methods They
! have been frequently pressed upon the
attention of congress in previous execu-
tive communications. and the inevitable
danger of their continued liberation point
+ ed out Without now repeating these de-
4 tails | cannot refrain from again earnest.
1 ly presenting the necessity Of the prompt
/ reform of a system opposed 10 every rule
/ of sound finance and shown by cxper-
fence to be frau%ht with the gravest peril
and rcrplcXitN. The terrible civil war,
which shook the foundations Of our gov-
I crrm"nt more than 20 years go, brought
in It's train the Dies fcuctiou Of property.
tho wasting Of oHr courtr%'s substance
and the cStFangement of brethren. Tuese
are now past and forgotten. Even the
depressing loss Of life the conflict en-
tailed is but u sacred memory WHwieh fos-
tcrs patriotic sentiment and keeps alive
tender regard for those Wa0 nebly died
And yet taerr remains with us today in
futt strgH-5a ;tEd ;5o tiVitS as an incident
of that tremendous struggle II feature OF
its financial necessities not only unsuited
to our pres mt circumstances. but mani
festly Il disturbing menace 10 business
ltrf ~ cent