Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1900-04-24

report that the cost from the start has
averaged l per cent.
If this is correct, and there is nc rea-
son to doubt it, there has been charged
up to the ordinary expenses of govern
ment $50, 935,002, which should have
been charged to the expenses of the
public debt This must be added to the
1851 100000 named above.
This shows by the face of the treas.
ury books that the excess of payments
rand the face of the indebtedness now
outstanding Is S3,O25, 594,09902 more
than we ever received from our bonded
or other evidences of indebtedness
The books of the Treasury Depart
ment show that 81, 117,744,S76 of bonds
were sold for greenbacks which were
worth at that time $1,G12, 90S, POP and
were subsequently redeemed in gold.
This reduces the amount actually re-
ceived for the bonds by the sum of
S504 ,S36,673. This must be added to
the cost of the loans, which makes the
net loss UP to date over and above the
amount received from the bonds and
otherevidences of indebtedness amount
to So, 530, 430, 1902. = Congressman
Maddox of Georgia.
Not Much of an "Open Door,
Porto Rican policies may be hard to
understand, but they are mere child's
play to the mystery of the open door"
The laboring mountain of diplomatic
intelligence at the State Department
has delivered its mouse The fateful
correspondence has been sent to Con-
gress within twentyfour hours after
the officials had solemnly asseyerated
that no such thing would be done. 1t
will be seen that last week in these
letters the full scope of the replies to
Secretary Hays inquiry was forecast.
Great Britain, as was expected, backs
Hay IL every particular Salisbury and
Hay We're striving to bring about
great congress of nations In which am
other grab might be made in the in
terests Of benevolent assimilation and
Anglo-Saxon supremacy. Italy, which
has no earthly interest in China, chimes
in with these two worthless. This on
account of the existing Anglo-Italian
alliance was also to be expected. Since
Italy became an amateur robber in
Africa, her taste for plumber has de-
yeloped Stripped TO verbiage, Ger
many and Russia reply to the United
States that the ports Of Kiau Chow and
Italian Wan are Chinese territory; that
the interests of the lessees are subordi-
nate to Chinese sovereignty; but that
the two ports are and have been al
ways open TO trade without distinctions
against individual nations. The re
plies then go on to state that as long
as the status quo exists no change will
be made in the tariffs or port regula-
tions. No assurance of perpetuity is
given. The fact is Secretary Hays
boosted "open door" has been slammed
in the face of the 'absent-minded beg
gar" who truculently sought TO inter
fere in q matter not Of his concern.
Secretary John Hay has a high diplo-
matte reputation among farmers, for
much iIt Sdiut itttSOu At4eAh HIS thhihf
Lord Pauncefote, enjoys fame. He has
never succeeded In single diplomatic
effort. Lord Pauncefote Is great
diplomat because he failed to negotiate
the arbitration treaty. the alliance
treaty. the conclusion of the Joint high
commission, and the Nicaragnan Canal
treaty. Mr. Johnny Hay has a similar
record.
How to Get Rid of the Surplus.
There are just two ways TO get rid Of
the surplus that Is so rapidly piIing up
in the national treasury. One Is by
repeating some Of the war taxes. The
other Ia by authorizing the deepening
of the sacks Of the campaign contribu-
tors that now have access TO the treas
ury and by licensing few more con-
tributors and a few more extra-large
sacks. Mr.. McKinley's great heart
beats warmly for the first plan. Ii is !
therefore not unlikely that his peryerse !
hand will push on the second plan.
New York World.
Cold represents all human forces;
nothing is denied 70 him who opens and |
eIoses The mouth OF the sack