Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1900-04-25
report that the cost from the start h

NNeIuSeu per cent
If this is correct, and there is no rea-
son to doubt 1t, there has been charged
up to the ordinary expenses of govern
ment $685., O02, which should have
been charged to the expenses of the
public debt. This must be added to the
$951, 0O0, 900 named above.
This shows by the face of the treas
ury books that the excess of payments
and the face of the indebtedness now
outstanding is $3.O25. 594,O 99.O2 more
than we ever received from our bonded
or other evidences of Indebtedness.
The books of the Treasury Depart
ment show that 50, III, 744,s76 of bonds
were sold for greenbacks which were
worth at that time $1,812, 9OS, POP and
were subsequently redeemed in gold.
This reduces the amount actually re-
ceived for the bonds by the sum of
$504, 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
other evidences Of Indebtedness amount
to 1880, 43e, 772.O2. = 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 twenty-four hours after
the officials had solemnly asseverated
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, rs was expected, backs
Hay in every particular. Salisbury and
Hay were striving to bring about a
great congress of nations in which an-
other grab might be made in the I'M
terests of benevolent assimilation and
Anglo-Saxon supremacy. Italy, wlr'ch
has no earthly interest in China, CHIMES
in with these two worthless. This on
account Of the existing Anglo-Italihn
alliance was also to be expected. Since
Italy became an amateur robber In
Africa, her taste for plumber has de-
veloped. 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 us long
as the status quo exists no change will
be made in the tariffs or port regula-
lions. 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 matter not of his concern.
Secretary John Hay has high diplo-
matte reputation among farmers, for
much the same reason that his chum,
Lord Pauncefote, enjoys fame. He has
never succeeded in single diplomatic
effort. Lord Pauncefote is a great
diplomat because he failed to negotiate
the arbitration treaty, the alliance
treaty, the conclusion of the joint high
commission, and the Nicaraguan Canal
treaty. Mr.. Johnny Hay has similar
rannrd