The Owosso times., 1899-12-22
A DINGLEY THANKSGIVING.

Figures Which Show Good Cause for the
Observance of the National Feast Day.
One thing in particular for which the
American people may give hearty
thanks is that in spite of the heavy war
expenditures in Cuba and the Philip
pines this government is again solvent,
and more than solvent, after several
years of plunging into debt. 1t is IA
condition which was unknown during
the borrowing administration of Grover
Cleveland, when we had the extraordi
nary revenue law of Professor Wilson.
which never was able to produce sufli-
cient surplus to pay for running the
government revenue cutters which Mr..
Cleveland used for his fishing and duck
shooting excursions. Mir Cleveland had
10 Spanish war on his hands. He had
no insurrection in the Philippines He
had no extraordinary expenses for the
navy and transport service. But his
ideal tariff law, the Wilson measure,
plunged the nation head over heels in
debt. 1t kept him selling government
bonds to raise money with which to pay
national bills at rate which made the
hair of civil war fnanciers stand on end
But now, with the heaviest expendi.
lures, save only last year, since away
back in civil war times, the Dingley
tariff law, laughed to scorn by the
Clevelands, the Wilson's and the New
York Worlds as a revenue producer,
not only produces receipts enough to
meet all the expenditures of the govern
ment, but it is laying up surplus
The treasury statement of receipts
and expenditures of the month of No
vember will show a gain of 81, 900, GOO
in customs receipts over November of
last year and of nearly $4,000, 900 in in
ternal revenue receipts. The expendi-
lures have decreased s6 600, 900 and
there will be surplus for the month of
S5, 100000. For the five months of the
fiscal year the receipts have been about
1886, 0O0, 600, or $35, 100000 better than
for the corresponding period of last
year, while the expenditures have been
S225, 600, coo, as against 1884, 600 600 for
the corresponding period of 1S9S-a net
gain to the government for the five
months of S59, ,000,0 600 saved in expendi.
lures and S35, 100000 increase of re.
ceipts. or better showing for the gov
ernmert of S94, 900, 000l
1t is worth while observing that the
deficit for the five months to December
of Mr. Cleveland's fiscal year of 1895
was almost s41 900, OOO The surplus of
So. 500, 900 for November will increase
the surplus for the five months of the
present fiscal year TO sl2,500,0 900. And
this is what we have--an excess of re-
ceipts over expenditures of more than
IL millions for five months when the
united democratic press and the united
democratic party, united on this one
question alone, predicted millions of
deficit for the period just passed. And,
'hhO W. oaO VAPiOooih Oui ihuuho dt
This time of thanksgiving for tho Ding
ley tariff law, shall we not be permitted
to take another laugh at our friend, the
New York World, which expressed
more bitter hatred than all other of its
enemies for the Dingley law, and which
with most careful, authentic and spe-
cific calculations and estimates showed
in July last that the deficit at the close
of these five months would be S45 0OO,-
COO. What that estimated deficit has
become is an excess of receipts amount
to s12, 100000.
This under despised protective tar
i'll law which was to wreck the country
ten thousand times worse than the viii.
son law had wrecked i'll What a tri-
umph for the dead Dingey, lied about,
slandered and jeered at to the very
day he entered his grave--and afterl-
New York Press