San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1897-03-04
M'KINLEY'S
CONTINUED FROM FIRST PAGE.

financial difficulties. \ deficiency is
inevitable so long as the expenditures
of the government exceed its receipts.
1t can only be met by loans or an in
creased revenue. While a large an
nual surplus of revenue may invite
waste and extravaganza, inadequate
revenue creates distruSt and under
mines public and private credit.
Neither should be encouraged. Be
tween more loans and more revenues
there ought to be but one opinion. We
should have more revenue and that
without delay. hindrance or postpone
ment. 4 surplus in the treasury Gre
ated by loans is not a permanent or
safe reliance. 1t will suffice while it
lasts. but it cannot last long while the
outlaws of the government are greater
than it's receipts as has been the case
during the past two years. Nor must
it be forgotten that, however, much
such loans may temporarily relieve
the situation. the government is still
indebted for the amount of surplus
thus accrued which it must ultimate
iv paw while its inability to pay is not
strengthened but weakened by the
continued deficit. The loans are APP
proved in great emergencies to pre-
serve the government or its credit,
but that failure to supply needed rev.
enue in time of peace for the main
tenance of either has no justification.
The best way for the government
to maintain its credit is to pay as ii
goeS-not by reSOrting TO loans. but
by keeping out of debt, through an
ADEQUATE income secured by n system
of taxation, external and internal, or
both. 1t is the settled policy of the
government, pursued from the begin
ming and practiced by all parties and
administrations, to raise the bulk of
our revenue from taxes upon foreign
productions entering the United States
for consumption and avoiding for the
most part every form of direct taxa
ton except in time of war. The coun-
try is clearly opposed to any needless
additions to the subjects of internal
taxation. There can be no miSunder-
standing. either, about the principle
upon which this tariff taxation shall
be levied. Nothing has ever been
made palmer at a general election
than that the controlling principle is
the raising of revenue from duties.
Congress will not. am sure, be found
lacking in disposition or ability to re-
lieve the situation as far as legislation
can do so. The restoration of conf
dence and the revival of business
which men of all parties so much de-
sire depends more largely upon the
prompt, energetic and intelligent ac-
ton of Congress than upon any other
single agency affecting the situation.
1t is inspiring. too. to remember
that no great emergency in the one
hundred and eighteen years of our
eventful national life has ever risen
that has not been met with wisdom
and courage by the American people
with fidelity to their best interests
and highest destiny and to the honor
of the American name. These years
of glorious history have exalted man.
kind and advanced the cause of free
dom through all the world and i'm
measurably strengthened the precious
institutions which we enjoy. The
people love and will sustain these in
situations. The great essential to happi-
ness and prosperity is that we adhere
to the principles upon which the gov
crnment was established and insist
ity of rights must prevail and our
laws be always and everywhere re-
Spected and Obeyed. We may have
failed in the discharge of our full
duty as citizens of the great republic,
but it is cOnsOling and encouraging
to realize that free speech, a free
press, free thought, free schools, the
free and unmOlested right of religious
liberty and worship and free and fair
elections are dearer and more univer-
sally enjoyed today than ever before
These guarantees must be sacredly
preserved and wisely strengthened.
The constituted authority must be
cheerfully and vigorously upheld.
Lynchings must not he tolerated in n
great and civilized country like the
United States. Courts. not mObS-
must execute the penalties of the
law. The preservation of public order
the right of discussion, integrity of
courts and the orderly administration
of justice must continue forever the
rock of safety upon which our gov
eminent securely rests.
One lesson taught by the late cleo.
ton, which all can rejoice in. is that
the citizens of the United States are
both law respecting and law abiding
people. not easily swerved from the
path of patriotism and honor. This
is in entire accord with the genius OF
our Institutions and but emphasizes
the advantages of inculculatipg the
love for law and order in the future
Immunity should be granted to none
who violate the laws. whether individ
uals, corporations or communities; and
as the constitution imposes upon the
president the duty of both its own ex
ecutiOn and of the statutes enacted
in pursuance of its provisions. shall
endeavOr carefully to carry them into
effect The declaration of the party
now restored TO power has been in tn,
past that of "OppOSition to ill cnmhin