San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1897-12-09
A NoNsUIrED NEWS.

Galveston news is Stlll narpllg upon
that alarming deficit in revenue" and
wondering that the president did not
more forcibly touch upon it in the
message. There are two reasons for
that omission. One, and perhaps the
most noteworthy, is that the alarming
deficit is largely in the mind of the
News. There is not doubt that the
/ revenues are steadily overhauling the
| expenditures of the government and
have been for the past three months,
or ever since the present tariff got an
opportunity to approximate it's real
| returns, and it is only question Of
| time when the Overhauling will be
effected and the revenues made to not
only cover the present expenditures,
| but pay off some of the bonds that
We're issued during the administration
| of Cleveland to run the government.
| By the way it is not a little singular
that the News did not direct attention
to this alarming deficit in revenues"
| under the administration of it's little
deity, Grover. when that deficit reach
ed the comfortable sum of almost
$300,000000. Perhaps the sum of
Cleveland's political glory shone so
clearly and blindingly into the optics
of the News that there was no vision
left for the deficit, and thus this mat
ter was kept in the shadow. All the
same, let the News be treasured, the
revenues are increasing, the new tar
lff will not disappoint the hopes of it's
trainers, the public debt will not be
increased, the treasury will not be de-
pleted hundreds of millions during |
McKinley's administration as under
that of Cleveland, and that alarming |
deficit will disappear as the nightmare |
that vanishes at the dawn of a new |
day. The second reason is fOreShad- |
owed in this first. 1t is matter of pro-
found thanksgiving that a journal so
hostile to Republicanism in all of its |
policies, as the News is, finds so little
upon which to pin its com
plants. This argues well for
the real wisdom and all around clear
ness of the document that the presi-
dent submitted to congress last Mon
day. AS special pleader the News
is a good one and the ease with which
it is able to close its optics to the i'm
mense run of foreign goods made into
lut ohittu tuc
days of the old tariff, is well worthy |
of remark. When that revenue was
added to the regular returns of the
old regime it did bring up the receipts
from revenue little nearer expenses,
and being credited to the fiscal year
closing with last June made show
ing for the old tariff that it was not
entitled to in equity. That large ex-
cess of revenue in those closing days
was so much taken from the legiti-
mate revenue of the months succeed
ing June 30th, and has by so much
kept returns for the past five months
below their real volume. But the
wrong is being made right daily. The
News will worry all the same, but the
revenues will continue to climb right
along The alarming deficit will die
cut, whether the notes of alarm from
Galveston do or not, the country will
prosper according to the rule estab-
lshed nder all Republican admins
tration. public debts will again be
liqudated, the mistakes of Cleveland |
will be corrected, protective tariffs |
indicated. home industries built up |
and Galveston share in the general |
welfare.