The Forrest City times., 1897-12-03
"aAPIDLY RECOVERING"
How the Republicans Are Helping
 the Country.


 It is gratifying 10 learn from Wash irgton that "certain information has reached lke treasury department show iug that the United States are rapidly recovering from their period of finan- cial depression and that before the end of the year this country will surely be out of the woods not only as re- gards commercial enterprises. but also in the operations of the treasury"
 This is a circuitous method of say ing that before the end of the year the treasury income will be equal to the treasury outgo. Ii is an indirect mode of saying what the great Dingley said directly at the Boston bean ban quet, that his bill would produce too much revenue by and by.
 One item of the "certain iuforma- tion" which has been received ct the treasury department Is that during the first half of the present month the treasury outgo exceeded the treasury income by s5.763.320. Another item is that the excess of outgo during the first Az months of the fisca. year was e43.T7s.33i
 Upon these two items of certain in- formation is based the statement that ''congress will be brought face to face with a deficit of S45.000.000 in five months" Seeing that the deficit for the first half of the present month is about S000000 greater than the average semimonthly deficit since the begin ming of the fiscal year. it would seem to be nearer the mark to estimate the deficit for five months at SIS, 1000. GOO.
 There doesn't seem to be much in these facts to support the opinion that the deficit is to be turned into sur plus at an early day. During all the months of depression following the panic there was no such deficit as there has been during the last Az months, and there is every indication that it will be as great this month as it was last. Thus far it has been at the rate of more than Si15.000.000 year, against G9,oo0.000 the worst year after the panic.
 No doubt imports will increase to some extent after the stocks of antici- patory importations are exhausted. But it takes a financial Mark Tapley to come out strong on the basis of such figures as those of the present year to date.
 The Chronicle would invite the atten- tion of the republican brethren once more to the theory winch they so stout ly maintained for some four years that by no possibility could the country ever become prosperous again until the s>easury receipts should be made to <xceed the treasury disbursements. They adhered stoutly to that theory to the end of the last democratic ad- ministration.
 But now they seem to have lost it.. They improve every opportunity to say not that prosperity is about to return. but that it has already returned. And while they repeat this endlessly they are forced to admit that the disburse- ments not only exceed the receipts. but exceed them more than al any time since the great war expenditures ceased.
 It behooyes them to reconcile what they claim to be the undeniable facts with the theory which they used as an excuse for not coming to the relief of the treasury three years ago. If they fail to do this they need not be surprised if the people reject some other theories of theirs. Chicago Chronicle