The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-05-04

leaders Of the senate, under the dtreo-
tlon Of Nelson Aldrlch. of Rhode Island,
William b. Allison. of Iowa, and Mat
hew S. Quay, OF Pennsylvania, at once
went to work and In the face of the
combined Democratic opposition and the
obsolete rules of the senate succeeded
in sending the amended bill through
that body on July Z. But twelve days
were spent In conference and on July 10
the perfected bill passed the house; on
July "a the senate agreed to 1t, and 1t
was enacted into d law by the signature
OF President Mckinley on tha'same day.,
Thus in little over four months the
Republicans redeemed the promises
made and the Presidents recommended
lions became law. Prosperity followed
and every line of industry felt Its bene-
fetal effects. Now for some interesting
data comparing the free trade Wilson
law with the prosperity-gIvIng Dingley
law.
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From September 1, 1894, WHEN the VII.
son law went into effect, until July "a,
1897 when it was succeeded by the
Dingley law, there was total deficit in
the treasury of sos ,24S. or at the rate
OF over $S5OOO,OOO annually. When the
DIngley law went into effect the ware
houses at the various ports of the coun-
try. were filed to Overlooking with i'm
ported goods brought over in advance
Of need in order to secure the low rates
of duties given by the Wilson law.
Thus the Dlngley law was handicapped
and as a result the receipts from GUS
toms for the first six months of It's opar-
alton were but $59,5s6,447 II. But for the
handicap mentioned the receipts would
have come up to the estimate made at
that time by Chairman Dingley, which
has since been verified. But the wise
legislation incorporated in the Dlngley
law was soon felt all over the country,
with the result that the last Ave months
Of the first year of its operation proved
conclusIvely that but for the handicap
the bill would have produced the first
year S9,5OO.OOO more than the ordinary
expenditures of the government. The
Dinghy Eaw has now been In operation
thirty-two months and the net receipts
were si,O4O,6lS.O7O During the sans
period the expenditures of the govern
ment, excluding the war expenditures
OF SS72, 100000 in round numbers. were
1894 663, 4O6. Thus In the period mem
toned the Dingley law has not only
come UP to the expectations of It's
trainers, but has accumulated surplus
of s45.s54,6Gl.
Home Markets Were Preserved.
one of the Recommendation of the
President was that the home markets
should be preserved as far as possible
to our own producers. That that has
been accomplished cannot be denied.
During the fiscal years 1896 and 1897,
both under the effects of the Cleveland
administration and the Wilson bill, the
importatlons OF manufactured articles
were si6O, 2O3,6O and $l65,O2l.SA During
the fiscal years 1898 and 1899 the impor-
tations averaged about SlOO,OOO.OOO an
nually. the exact figures being s9i,7O9,-
2li and $40, 735,44f. Thus an average Of
about 1000. 900 of American money was
kent from the foreign manufacturers
and went into the pockets OF the Amerl-
can manufacturers annually, who Ia
turn dlsbursed a large portion OF 1t to
their employees in the way of Increased
wages. While the home markets were
protected and the importations Of for
olgn manufacturers largely decreased
the great era OF prosperity that spread
over the country revived all the Indus
tries to such marked degree that this
country could not furnish the raw ma
terials needed by tho factories. ETC
Consequently, the lmportatlons OF raw
materials ran up surprisingly and for
tho year 1893 amounted to $2G1, $50, ar
increase of nearly NO.OOOOOO over the
average of the Wilson turirr years of
1895, 1896 and 1897 AT the present time
the importation of manufacturers ma
terlals average about $2S,OOO,OoO per
month or 50 per cent higher than during
the year prior to the enactment into u
law OF the Dlngley bill. Thus another