Potosi journal. (Potosi, Mo.) 1894-1929, 1897-02-03
The Burden of Victory.

ci'nS are luDii;ttli CNcI INC 1oItl-
coming Inauguration of Major
Mckinley as President of the
United States, while we would not
mar the natural rejoicings upon
that occasions, we would suggest
that it is Il season for much thought
full consideration. AS patriots we
can but acknowledge this. The
present democratic government
leaves the country enormously i'll
debt, and with an Inadequate reve-
nue.. The responsibility thrown
upon the incoming administration
is great, and while we rejoice, tie
burden of this can but ovcrshadow
our happiness. 1t is satisfaction to
know, however, that he who is to
rule our destinies for the next four
years, fully comprehends the posi-
ton in which he is to be placed,
has outlined future which will
lead to the permanent settlement
of all existing troubles.
Unlike President Cleveland. who
was urged by his partisans to call
an extra session Of Congress I'M
nediatcly after his accession to
office, Major Mckinley intends to
''taile the bull by the horns AND
invite the immediate cooperation
of the people through their repre-
sentatives in Congress assembled,
TO take their constitutional part i'll
restoring the tranquility Of the
nation. To do this the govern
ment must have an ample income.
We often boast that we are the
richest country III the world, and
yet, owing to the mismanaoemnt
OF our affairs, VIC also might ado
that we arc the largest borrowers
in the world.
). 1t is astonishing how millions
upon millions of gold have beer
received into the United State>
Treasury within the last four years
to flow out AS rapidly, more rapidly
we may say than they came in
The people do not need any long
drawn financial statements to prove
this for the fact is patent to all
A man who lives beyond his incom.
. is sure in the end to come to ruin
andou country, rich as it is, should
no longer hecdlessly follow thi,
course. II we would have busi
ness prosperity and happines.
among our people, we must liv'
within our income.
Fortunately this is not Difficult
f to do. Our country is almos
iimitlcss in natural resources. an,
our income could be even raised t.
double the requirements withou
, taxing the people as they are taxe>
in other parts of the world. Thi
=, makes it plain that the administra
t ton only has to act promptly ant
: judiciously to produce an cntir
new order of things, and it is plai
that this is the intention of til
President elect. Already he ha
q shown his determination to tax
G the representatives of the people i
. his confidence, and it is eviden
+ that there is no financial difficult
before us that cannot be overcom
by united government acting fo
k the entire people.
4 Our chief source Of revenue mus
q depend in the future as it has i
:. the past upon revenue receive
;. from imports. To this end VIC I,
Il quire a tariff based upon busine:
J. principles and formed for the pro
Il lection of American industry.
d is quite possible to have such tarit
IS and having received their cue fro1
Il the President, the ablest men
" the Republican party are alread
# formulating it. Success to the
IL efforts, and may they end in hone
d tothem, glory to country andhapr
$. ness to the people.-St. Lou
A. County Waterman.
ut The Pennsylvania State Capt.
IS was destroyed by fire Tues(la
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