Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1897-03-13

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= from decreased Expenditures But re pres
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q. the government. Il has been o.! Inform
% retire. not 70 increase cur oltstand-
~ obligations, ard this po.icy N1st again be
-esgned and vigorously enforced Our EeTenues
iaolld arrays b large enough % Eeet with
and uolpt1ess not only our current needs
-~+% aa+~ - @a%~*E . AA@~ ~ F-Ar ~
~. % make proper and Ac9tsl pro-
Tis.Oa Tor the most deserving body o! public
.redi,0rs. TIE soldiers aud sailors, and the g!d-
,rs AID orphans, who are the pensioners OK the
-ulted States The government should not Be
yerlitted 70 run behind, OF Increase It's debt, In
.gs.ast this, Is the mandate Of duty the GER
and easy remedy for most Of our financial
a deficiency Is Inevitable 70 long
- the expenditures oft the government exceed us
I. can only be met by loans or an in
Tease o. reTenge. While 8 large annual sur-
.uata reveaue creates disaster and uaderInines
JlDNc and r,ivate credit Neither should be
Encouraged between moro loans and more
there ought 70 be but one
.Utaion We shsrld have moro revenue,
nj that without delay, hindrance, or
jOstponement. A surplus in the treasury
.reatec By loans, Is not 8 permanent or safe re-
II will suffice while Il lasts, but Il can
.0t last long while the tutlays 0. the govern
ncnt are greater than It's receipts, as has been
he case during tho past two years, Nor must
I De forgotten, however much such loans mag
empOrarily relieve the situation. the govern
ncnt IS still indebted for the amount OF tho
thus accrued, which II must ultimately
which its ability to pay Is not strengthened
mt weakened By @ continued deficit. Loans
he government or its credit, but q failure to
needed revenue in time Of peace for the
maintenance Of either has no justification.
The best way for the government TO maintain
IS credit Is TO pay as 1t Rocs-not by resort!nR
Q loans, but By keeping out OF debt-through
n adequate income secured by q system OF
~axation, external or Internal, or both. 1t IS the
ettle1 policy Of the government, pursued from
he beginning and practiced by all parties and
administrations, 70 raise the bulk of our
from taxes upon foreign productions
,ntering the United States for sale and con-
i'm ~ ton md atsrFdtyn fIr TIN ~ y rt.u-
orm Of direct taxation, except in time OF war,
The country IS clearly opposed to any needless
10 tho subjects Of internal taxation,
nd IL committed By its latest popular utter
nee to the system Of tariff taxation.
mere can be no MISUNDERSTANDING,
shall be levied. Nothing has ever been
made palmer at a general election than that the
principle in the raising Of revenue
rom duties on imports, Is a Jealous care for
American interests and American labor. The
have declared that such legislation should
had as will give ample protection and en-
couragement to the industries and the develop
of our country. II Is therefore earnestly
and expected that congress will, at tho
practical moment, enact revenue legls.
!ation that shall be fair, reasonable, conserya.
tive and iust, AID which, supplying sufficient
revenue for public purposes, viii still be ~signally
and hclp:pl 10 every section, ant
every enterprise OF the people. TO this policy
we are oil, Of whatever party, firmly bound By
the voice Of the people, power vastly mort
potential than the expression OF any politica
platform. The paramount, duty OF congress i
to stop deficiencies by the. restoration OF tina
protective legislation which has always beer
the Armest prop OF the treasury. The passagC
OF such q law or laws would strengthen TIL
credit OF the government both at home anC
and go far towards stopping the drair
upon the gold reserve held for the redemption
OF our currency which has been heavy and we'll
nigh constant for several years.
In the revision Of the tariff, special attention
should be given to the rc-enactInent and eXten
sion OF the reciprocity principle Of the law 0
1880, under which so great o stimulus was Rivel
to our foreign trade in new and advantageou
markets for our surplus agricultural and manu-
products. The brief trial given thi
amply j~ustiles a further experimen
and additional discretionary power In the max
ing OF commercial treaties, the end In view al
ways to be the opening up Of new markets 70
the products OF our country, by granting con
c~essions TO the products Of other lands that W
need and can not produce ourselves, and whic,
do not involve any loss OF labor 10 our people
but tend to increase their employment.
The depression Of the past -four years ha
fallen with especial severity upon the grea
body OF toilers Of the country, and upon non
more than the holders OF small farms. Agri
culture has languished and labor suffered. Tn
revival OF manufacturing will be q relief I
voted to the institutions Of FREQ government
nor more loyal to their support, while non
bears moro cheerfully or fully Its proper shar
In the maintenance OF the government, or Is bel
ter entitled to its wise and liberal care n Pre-
lection. Legislation helpful to producers 1
beneficial to al1. The depressed condi
ton OF industry on the farm and In tn
mlno and factory has lessened tn
ability OF the people to meet the demands upo
them. and they rightfully expect that not onl
a system OF revenue shall DO established this
will secure the largest income with the leas
burden. but that every means will be taken I
decrease, rather than increase, our public Of
penditurcs.
Business conditions are not the most promi.
ing. 1t will take time TO restore the prosperit
Of former years. II We can not promptly attai
1t, we can resolutely turn our faces In that d
rcction and aid Its return by friendly legislt
tion. However troublesome the situation ma
anncar cnnuress will not I an mr. ho faI,