The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1896-08-28

and tou1. >-l,-a upon tbe country:
pue|ne.. men Her4 pnc-f:1in IS 70 lie
futurc they could make 10 plans he
cause ihey dId not know what would be
do6e IN Congress OF whit would FOL
low n change In The tarlff The result
Naas That tilstnsinese declined and nat
ifaIls the rsyenles slso. q 4
n however. there had been d iae.
crease N therevenns under the McISins
ley bill with D Re1ubl lean Congress
and admits lion n power, the mat
ter Woslld have been prompt remedied,
but NOT by selling bonds, and
increasing the interest bearing debt Of
the goEer nment.
It vim he remembe red. that II \ goid
reserve never went below 100 millions
under President Hatrisonss adminiss
Repnbii lean; Posit ton on Mckinley Bill.
and election. Z
Neither j NOR any other Republican
clains PERT lon for the Mex inley bin.
No tart measnrs can be made CONF
plete or perfect There always Will BIZ
defects IN every tariff bill. Schedules
must be changed fromtime to time ac-
:cording 10 the varying conditions OF
|Ibusiness All acts! OF Congress that are
discussed, opposed md fought are the
result OF q compromise The RepubiiS
can part contends and always VIII
contend that the pnderiying principla
I?of die ISiniey uill:
pre- lection and reciprocity Is flia traae
American doctrine and the one thai
has biessed this Country for thirty
years; and that 1t lis correct
I'd opposea 10 tariff for revenue only
or mod tied free-
~ there are detects In the Mckinley
IShill, d Republican Cons ress viii cor.
rect them The Republt can party does
not want nor does II demand unlimit-
ed prot does not want unlilris-
ed anythdng. It believes In moderate
protection. It simply wants the pro-
lection the country needs to protect Its
manufactured and other produce
against the competit ion Of those from
other countries. made or produced; by
labor cheaper than our labor. It wants
and demands that duties or taxes levied
be equal TO the difference In cost Of
production In this and other co,intries.
It seems to me all Americans should
agree to this.
Now, ietus see what the results of a
Democratic tariff or tariff for revenue
only have been since the passage Of
what is known as the Wilson law.
Results Under a. Democratic Admins
tration and Tariff Laws.
The Democratic Tariff law. passed
in 1894. has failed to produce sufticient
revenue to pay the current expenses OF
the government. This mistake or fail
lure has brought In its train a number
of disasters to the country; 1t has OBJ
lliged the government to borrow money
lin time Of peace and increase its inter
lest-bearing debt more than. $3.50, o00, 600.
1.-THE interest on which by the time Il Is
paid will be s240.0 $1,000. The aggre
gate Of the principal and interest Of
this debt win reach nearly $500, 0O0, 900,
which the people must pay by being
taxed, showing thereby in the end that
instead OF reducing taxation, the Demo
lIcratic tarih will increase taxation Il
1.-THE revenue had been sufficient to pay
lexpsttses under the Democratic tariff,
then the government would not have
lbeen obliged to borrow $500 .e00. 600. nor
the people taxed to pay $40 sllions IN
interest on: this amount This is a use
! less burden; s240. 900, 900 taken from
the people and thrown away by Demo-
cratic misnianagement AT the date
LOT; its passage the Demo cratic tariff bill
was called a bill Of sale, packed
with favors to monopolies and trusts. i
The Democratic President declared I.
was tingeds witt. perfdy and dishonor.''
After living under 1t for nearly three
years the people cordially agree in
these opinions. The Democratic tariff
I.law and a Democratic administration
have bankrupted the treasury Of the
richest nation in the world, creating a
deficit In three years Of $1is SOC, 900 in-
stead OF a surplus Of 500 ,000, 900. Il
has injured our national credit at home
and abroad, lessened the value OF cur
securities In the markets OF the world,
impaired our ability as psorle to boz
row money to build railroads and fac
torres, open mlhes ana es.anlisn nav y.
$50, a. ao3 h,,e;necs
depression. reduced tina wages Of the
,,,r.,,,,, !, !, lna,, ,,es talon Embellishments