Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1900-11-02
TREASURY DEPARTMENT.
The Dine'ey Tariff for Pro.
lection.

First in point of success is tile DihspeS
tariff; second. the reform i'll the cur,
rency; third, the war loan of lS.s; ana
foulth. tLe settlement of the Pacific Rall-
road Indebtedness.
The tariff change WAS the one wlich
pressed most urgently.
The House of Representatives prompts
IL responded tn the Presidents message.
On the same day-in which it was read III
the House, the late MIR. Dlligley Oh
Maine. chairman of the committee on
ways and means. introduced the new tar
iff hill. Such unusual expedition had
been made possible only by the uhtli'ihs
work of the members of the committee
on wuys and means for several months
previous.
The hill was passed in the House OF
Representatives March 81. 1891. less
than n month after the Inauguration Oh
President Mckinley and two weeks AFTER
Congress had been convened i'll extra ses-
sion. lit passed the Senate July q. lSo'.
with amendments. Two days later its
consideration WAS begun by IL conference
committee of the two houses. ana III
finally passed the House July ~. and the
Senate July n. Ii became IL law ON the
latter day when the President signed
the hill. Thus. within five months mo
other tariff law was over passed IN so
short IL time) after the Inauguration OF
the President. IL new tariff law was pllc-
ed on the statute books.
Everyone knows the beneficent results
of the Dinglcy tariff i'll restoring pros
pclity. 1t helped farms and factories,
aided labor in the mines. gave better
wages To textile workers, revived the tin
plate industry. md in every line of bust
ness gave employment to tens of thou
sands.
The Gold standard Law.
Equally striking WAS the success of the
currency law placed On the statute book,
March "A. 1901.
The, currency law does more than re-
.nirve :ii doubt concerning the standard
OF value. 1t directs that all forms of
, money issued or coined by the United
States shall he maintained at Il parity of
value with this standard. and it is made
the duty of the Secretary of the Treas
uyv to maintaim such parity. y reserve
fund of $1aO.0OO.noU in gold coin and
: bullion is set apart in the treasury for
tic redemption u. United States notes
and treasury notes of 1S3O. instead of
$500. GOT. 900. formerly recognized as the
gold reserve.
Better banking facilities for the coun-
1.ry districts are pro:ided by this act, the
minimum capital being reduced to $50
D in places of not over 1000 popnla-
ton. Under this section pa new banks
have been organized, with n capital of
$10.000,OON
Refunding the National Debt.
Perhaps tile most notable feature of
the new currency law is that which re-
lates to the refunding of the national
debt. The ; per cents of 1904, the 4
per cents of 1907, and the 3 per gents OF
1908. the principal of which aggregates
1888, lat. 4O0. were authorized to be re-
funded into . per cent bonds. payable
at the pleasure of the United States after
thirty years from the date of their issue,
and payable. principal and interest. i'll
coin of the present standard value.
f.vdia EMtpins II provision that the
nHmnd. 'oonds to be issued im en-
II you are Sb!rees. fours and fves
1aintinp spells, deess than par. The
reluctance to 90 anlry was authoriz-
backache, and alwayYling operations
member that there sanrs and lives
remedy which will relievev for the
suffering as It did Mrs. RAer cent.
Is monumental that Lydia / of the
hams Vegetable Compounds had
greatest medicine Tor suffevin6he new
No other medicine has made tie sue.
that 1t has, and no other vol othe,
hclpedso many women by dire}ch mn
,as has Mrs. Pinkham: her ext tj,ose
Is greater than that 81 any lvit ha,,a.
eon. II you Ire sick. write o"..
her advice; her address Il Lynn se