Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1899-11-08
PROVIDENCE AND THE FLAG.

President Mckinley is overwOrking
Providence and the flag. In forty-six
speeches delivered by the Chief Ex-
ecutive in his swing around the circle
he had used the word providence" ex-
actly 104 times.
But while providence" is n good,
large, moutn-filling word, it has not
been quite so popular with the Presi-
dent as the phrase "the flag" This,
Mckinley had used when he reached
the conclusion of his forty-sixth speech
just 1TG times. In Dakota the other
day. the President said: I'm the PrOvi-
dence of God, who works in mysterious
ways, this great archipelago was put
into our lap" This is a reverential way
Of looking at it, perhaps, but 1t is to be
observed that Providence didn't send
that check for S2O,O00,0oO to Spain to
pay the bin for the lap-flling archi-
pelago.
Doubtless the President would like to
make Providence" responsible for the
whole Philippine business, the less of
lives, the vast expenditure of money,
the fighting and the folly which are to
come.
Commenting on this shuttle on the
part of Mckinley, the New York World
says: Disguised as Providence, Mr..
Mckinley bought the Philippine war
from Spain. Disguised MS the flag he
has been and is 'assim.lating' Fillpinos,
with the soil of their native land. Dis
4 guised MS Patriotism he is shouting
| for the confounding of all traitors who
i dare to murmur against his perform
ances as Providence or his deeds as
The Flag
But DISCUSSES, to be effective, must
not be discovered, and. unfortunately
for the President, his masquerading is
of the most evident character.-C Chicago
Democrat.
Paying War Expenses.
When this country has the extra ex-
pense of carrying ON war, the only
way to meet that enlarged obligation Is
to Increase the taxes on articles of con-
sumption. England has a better and
more effective method. With u revenue
4 from income taxes of $100,000.000 n
4 year In times of peace. a slight increase
of the revenue tax is all that is needed
to meet increased governmental eX-
/ penditures. The trouble with the ma
ton in this country is that taxes on
consumption yield small revenue to the
government compared with the great
revenue which 1t brings to the trusts.
Take tin plate, for example. No reve-
nue. comes to the government from the
tariff on tin plate, but the trust has in
creased it's prices IS percent. AS a rev.
enue producer, the Dingley tariff has
proved failure and, as Hayemeyer
says, the protective tariff is the mother
of trusts
Here are a few statistics about the
tin plate trust: Under cover of the
tariff the trust has enormously adj
yanced prices, To limit the supply and
maintain artificially high prices the
trust has shut down thirty-four tin
plate mills in the Northern and Eastern
States. By this means and by an nd
vance in prices on the American prod
| uct the trust reaps a profit of 81, CSC, 900
per year, which Is deyoted to stock diyi-
dends, watered on common stock to the
extent of 100 per cent. and on preferred
stock to the extent of 40 per cent. on
real values. The trust is capitalized at
$50, 900, 000-$20 100000 preferred and
$30,000,00O common stock. With cap
italization of $50O00,000, the actual
value Of the trusts plant is between
ten and twelve millions.
\ Thus 1T is apparent that the tariff