The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-12-25
IMPROVING STEADILY.
Customs Receipts Increasing Under
the DtngIcy Law.

hAtcchnts increasing lmOCr
the Dingiey Law.
The efforts that have been made 10
prove that the Dingley law would not
produce sufficient revenue for the needs
Of the government do not reveal an in
telligent conception OF the situation.
Late dispatches from Washington
show how the importations Of sugar
are increasing and that soon the gov
eminent will be receiving a large In.
crease from this source alone.
The fact Is. the customs receipts are
increasing all the time and within a
year there is every reason to believe
that the receipts will overbalance public
expenditures. The treasury Is IN a sound
and excellent condition and the ele-
ments which operated TO the disadvan-
tage OF the new tariff when first Il went
into operation are steadily disappear
ing.
There is no reason whatever for the
disquieting rumors which have been
put in circulation, and no one who be-
lieves in the principle OF protection
should be disturbed by them. II Is true
that the public debt has been increased.
When the government was surrendered
to a democratic president on March 4,
1903, the public debt was $685., 034. 260.
On November 30, 1897. ii was Ss47. 365,-
G20. an increase Of S262 1871 $50.
The New York World. In referring
to these figures, informs rs readers
that the increase in the public debt has
been brought about because under the
Dingley- Mckinley system the greater
part Of what the people pny goes not
into the treasury, but into the Golfers Of
protected and trust manipulating
monopolies."
Evidently the World believes that
the public debt was increased S262 ,000,-
600 during the Harrison and Mckinley
administration and was reduced by a
large amount while Mr.. Cleveland was
president OF the United States. But
everybody else knows that after the
close Of the civil war; the debt under
republican administration was steadily
reduced. ms IL will be also under the
present administration.
singularly enough, while Mr.. Cleve-
land was In Office with his tariff re-
form policy, the public debt was in
creased S262,000,0 00-the figures at
which II is found to-day, by The issue Of
bonds. No bonds have been issued by u
republican administration for 30 years
Debt-making seems 10 be a part of the
democratic system Of government, as
debt-reduction is part Of the rcpub-
lican system, MS will be shown again
before March 4. 1901, for the Mckinley
administration viii do everything that
is possible to prevent further issue OF
bonds.
II viii be seen. therefore, that the
New York Worlds effort TO make
point against republican tariff policy
really reacts upon itself.
The Dlngley tariff is all right. II is n
revenue producer II viii prove TO be
an agent for the reduction Of the public
debt. II will come up 10 all expecta-
ton. It's friends need not be alarmed.
They need pay no attention to the
clamor that Is made by the believers In
the rejected system Of tariff reform"
II Is not 10 be expected that the civil
effects that were wrought by the Cleve-
Wilson-Gorman policy will wear
away in a day. That win take time,
but before another year has passed the
government will be able TO meet Mi its
obligations. and the people will remem-
Der the criticism which Is now being
passed on the Dingley tariff.--Albany
Tournnl