The midland journal. (Rising Sun, Md.) 1885-1947, 1899-03-24
rlcKinley's Business Boom.


McKinleys anxiety for large army
and his inhuman and despotic efforts in
waging a war of conquest in the Philip
pine Islands is TO prolong his prosperity"
till the Presidential election. The large
expenditures of the government has put
an unusual amount of money in circula-
ton and large orders have been given for
all kinds of supplies at extravagant prices.
These expenditures will absorb all the
money i'll the treasury at the time the
war with Spain broke out, and all the
revenue which is being collected by all
extra internal revenue tax, in addition to
the sources of taxation in operation when
war commenced.
1t will be remembered that the treasury
was overlooking with money when Mr..
Mckinley was inaugurated, from Cleve-
lands infamous bond deals, and money
derived from the Pacific railroads. This
money has been added to by the sale of
bonds by the present administration
amounting to $500, 900, 900. This money
has all been spent and appropriated by
the last Congress, and about $3.50, 600, 900
more than will be raised by the present
laws in force. The Mckinley Congress
which expired on the 4th of March, ex-
pended and appropriated over one billion
five hundred millions Of money. More
borrowing will have to be resorted to
during the remaining two years of the
present administration. Putting into cir.
culation this amount of money has Gre
ated all unusual stir among large estab-
lishments and a movement in business on
large scale. To keep alive this fictitious
prosperity" based on war, is the object
of the political tactics of Mckinley while
his administration lasts, with his present
hopes all centered on second term.
This class of prosperity is a delusion
and snare. When the war expenditures
cease the pressure Of the national debt
they have created will fall upon the peo-
pie with the crushing power of a death
trap, while the demands of the govern
inent for army supplies grow steadily less
till the extra demand to which the present
business movement owes its existence
wholly ceases.
This is the Mckinley program and as
far as he is personally concerned the war
upon the Filipinos is being waged for the
purpose of fictitious prosperity, watered
by American and Filipino blood. to last
thro' the balance Of time of his present
term and increase his chances for second.
The gang of organized greed which
surrounds our flexible and shifting
President, of the Mark Hanna and Alger
class, are bent on plunder in Cuba, Porto
Rico and the Philippines thro grants,
privileges and franchises, and large
army at the expense of the American
people to protect them in their program
of robbery.
A second term for Mckinley and clear
field in the Occident and Orient for plum
der by this unsavofy crowd is the true
inwardness of the Filipino war and in
creased tax OH the American people.
There is no permanent basis to the "pros-
perity" movement which the monopoly
goldbug papers multiply by ten and dish
up to their readers every morning with
their coffee and rolls. No more money is
added TO the volume in circulation That
is only being taxed out of the pockets of
the people and given forced circulation,
and when the war impulse has spent its
force there will fall a crushing relapse on
the whole nation. There can be no per-
Inanent prosperity tor the producing
masses without an increase in the circu-
lating medium to more nearly correspond
to increased production. All fixed money
obligations remain the same and will buy
more and more of the produce of labor as
prices fall. Taxes do not decrease with
falling prices but rather tend to increase.
| Neither do salaries and fixed changes.
Their purchasing power grows as prices
fall.
McKinley's prosperity is fictitious as
his war is cruel.