The Forrest City times., 1897-03-12

the relative value of the two metals-the value may hereafter be coined must be kept cons,snt- ly ct par with gold by every resource at cur oom- mand. The credit of the government. the in- tegrity Of It's currency and the inViolability of its obligations must be preserved. This was the commanding verdict of the people, and it will not be unheeded.
 Economy is demanded in every branch of the government at all times. but especially in pc- riods like the present of depression in business and distress among the people. The severest economy must be observed in all public expen- ditures and extravaganza stopped whenever 1t Is found, and prevented wherever, in the future 1t may be developed. If the revenues are to re- main as now. the only relief that can come must oe from decreased expenditures. But the pres ent must not become the permanent condition Of the government It has been our uniform practice to retire, not to increase our outstand- Ing obligations. and this policy must again be resumed and vigorously enforced. Our revenues should always be large enough to meet with ease and promptness not only our current needs and the principal and interest of the public debt. Ssop yS S for tSs make o9 and liberal creditors, the soldiers and sailors, and the wid- ows and orphans, who are the pensioners of the United states The government should not be times like the present. Suitably to provide against this, is the mandate of duty-the cer- tain and easy remedy for most of our financial difficulties. A deficiency Is inevitable so long as the expenditures of the government exceed It's receipts. It can only be met by loans or an in- crease Of revenue. While large annual sur plus may create vast extravagance inade- Quate revenue creates disaster and undermines public and private credit Neither should be revenue. there ought. to be but one opinion We should have more revenue, and that without delay, hindrance. or postponement. A surplus In the treasury created by loans. is not permanent or safe re- liance. It will suffice while it lasts, but 1t can not last long while the outlays of the govern ment are greater than its receipts, as has been the case during the past two years. Nor must 1t be forgotten, however much such loans may temporarily relieve the situation, the govern ment is still indebted for the amount of the surplus thus accrued, which 1t must ultimately pay which its ability to pay is not strengthened but weakened by continued deficit Loans are imperative in great emergencies to preserve the government or It's credit, but a failure to supply needed revenue in time of peace for the maintenance of either has no justification.
 The best way for the government to maintain US credit Is to pay as 1t goes-not by resorting to loans, but by keeping out of debt-throueh an adequate income secured by a system of taxation, external or internal or both. It Is the settled policy of the government, pursued from ana n ss tS 6y all @ and revenue from taxes upon foreign productions entering the United States for sale and con- sumption, and avoiding. for the most part, every form of direct taxation, except in time of war The country Is clearly opposed to any needless addition to the subjects of internal taxation and is committed by its latest popular utter ance to the system of tariff taxation. There can be no misunderstandinq. either, about the principle upon which this tariff
 
 made palmer at general election than that the controlling principle in the raising of revenue from duties on imports, is jealous care for American interests and American labor. The people have declared that such legislation should be had as will give ample protection and en- couragement to the industries and the develop ment of our country It Is therefore earnestly hoped and expected that congress will, at the earliest practical moment, enact revenue legis- lation that shall be fair reasonable, conserva- tive and just. and which, supplying sufficient revenue for public purposes will still be sgnally beneficial and helpful to every section, and every enterprise of the people. To this policy we are all, of whatever party, firmly bound by the voice of the people-a power vastly mora potential than the expression of any political platform. The paramount duty of congress is to stop deficiencies by the restoration of that protective legislation which has always been the frmest prop of the treasury. The passage of such law or laws would strengthen the credit of the government both at home and abroad. and go far towards stopping the drain upon the gold reserve held for the redemption nigh constant for several years. # em8a
 In the revision of the tariff, special attention should be given to the re-enactment and exten- sion of the reciprocity principle of the law of 1890, under which so great stimulus was given to our foreign trade in new and advantageous markets for our surplus agricultural and manu- factured products. The brief trial given this legislation amply justifes further experiment and additional discretionary power in the mak- ing of commercial treaties, the end in view al- ways to be the opening up of new markets for the products of our country, by granting con- cessions to the products of other lands that we need and can not produce ourselves, and which do not involve any loss of labor to our people, but tend to increase their employment
 The depression of the past four years has body of toilers of the country, ane upon none more than the holders of small farms Agri- culture has languished and labor suffered. The revival Of manufacturing will be relief to both. No portion of our population is more de- voted to the institutions of free government, nor more loyal to their support, while none hears Jlxy ffc prnr bar a in the maintenance of the government, or is bet ter entitled to its wise and liberal care and pro- o s ne sp tion of industry on the farm and in the mine and factory has lessened the them. and they rightfully expect that not only system of revenue shall be established that will secure the largest income with the least decrease rather than increase. our public ex- penditures. .q,.fa4 M M slt
 Business conditions are not the most promis- ing It will take time to restore the prosperity 1t, we can resolutely turn our faces In that di- rection and aid it's return by friendly legisla- appear. congress will not. am sure. be found lacking in disposition or ability to relieve 1t, as far as legislation can do so. The restoration of confidence and the revival Of business. which men of all parties much de- sire, depend moro largely upon the prompt. en- ergetic and intelligent act of congress than
 
 alton.
 It is inspiring. too, to remember that no great emergency in the one hundred and eight years of our eventful national life has ever arisen, that has not been met with wisdom and courage by the American people, with fidelity to their best interests and highest destiny and the honor of the American name. These years of glorious history have exalted mankind and ad- vanced the cause Of freedom throughout tho world and immeasurably strengthened the pre- oious free institutions which we enjoy. The peo- pie love and will sustain these institutions. The great essential to our happiness and prosperity is that we adhere to the principles on which the government was established and insist upon their faithful observance Equality of rights must prevail and our laws be always and every where respected 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 free press, free thought, free schools, the free and unmolested right of religious liberty and wor- ship, and free and fair elections are dearer and more universally enjoyed to-day than ever be- fore. These guarantees must be sacredly pre- served and wisely strengthened. The oonsti- tuted authorities must be cheerfully and yigor- ously upheld. Lynchings must not be tolerated in great and civilized country like the United States; courtS--not mobs-must execute the pen- alties of the law. The preservation of public order, the right of discussion, the integrity of courts, and the orderly administration of justice