The Globe-republican., 1900-08-23

RECEIPTS.
Customs $40, O00. 600
Internal revenue -.--.- 800. 900, coo
Miscellaneous 3l,o0O.ooo
Total s577. 600. 900
ENPENDITUREs.
Civil ------.--sl1 5. ooo, 900
Navy Observation-Disclosures. 60, 600, 600
Indians -----.--.-- 10000 coo
tensions lt 40 o ooo 'o ooo
Interest ----------------- 4o,o00,OOO
Total .s4es. 900. 600
Estimated surplus So, 900, 600
Of the receipts for the year 1899
mot given here) $45, 724. 900 came from
the war tax provided in the act of
June IS, 1898, and during the first
nine months of the present fiscal year
the sum from this source amounted
to $33, $50, O0O- For the whole year the
secretary estimates that it will be the
same as in 1899. and he has included
this sum in the line devoted to inter
nal revenue.
BY subtracting the war tax from the
revenues for the current year Il clear
surplus of $25 200, 900 is found to have
beel, derived from the net ordinary
receipts, and for the year ending 1901
the estimate shows like surplus of
$37, 100000. Without the tax in
these two years the net surplus would
have been S62 900, 900, and with the
war tax it amounts to 81 so, ooO, 900,
or more than enough to complete the
Nicaragua canal
The expenses of the war and navy
department during these two years
were extra ordinary. In 1897 the eN-
penses of both of these departments
were but $53, 200, 900, as against $780,
OOO, 900 for the current year. If the eN-
Penses for the current year in these
departments had been greater than
ordinary more than $780, 900 could
have been added to the surplus reye
nues, and this without a cent of war
tax
The showing for the revenue laws of
the republican party is something
magnificent, and it is made to appear
more when we remember the dire
full Predictions of the democratic party
at the beginning of the Mckinley adj
ninistration- Under the operations
of the Wilson bill and other revenue
legislation made by incompetent demo
cratic congresses, the administration
of Grover Cleveland showed a net de-
iciency of 1856, OOG, 900, which had to
be met by the issue of Understanding
bonds. Finding that its four years of
laundering had depleted the treasury,
increasing the national debt, paralyzed
industries and brought want and mis-
cry to the land, the democratic party
declared that the republicans could do
no better and that they, too, must
issue bonds. Who hasn't in mind the
jibes and jeers with which the Ding
ley law was greeted? Itwas asserted by
democratic members of congress that
deficits would continue to pile up and
that the country would soon the
abortiveness of republican schemes of
financial legislation. The democratic
national convention went so far to
repudiate the financial record of its
own party, and solemnly warned the
country that republican success meant
more debt-malling, more treasury-de-
p1etion and more Understanding
Even a year after the passage of the
Dingley bill, but before it could COM
mence to work normally, we We're con-
stantly told by the democra taic press
that 1t was failure as revenue-pro-
ducing measure. The first year of the
Wilson bill produced $131 ,OOO, OOo reve-
nue.; last year the Ding1ey bill pro-
duced 1928, 0o0, GOO, and here we have
the whole story.
The democrat tic party has been so
thoroughly discredited by current
events that it appears ridiculous if not
shameless in its attitude before
the country At the beginning of the
present national admins traitor it
was campaigning on the theory that
the republicans did not know how to
handle the finances of the nation in a
way to pay expenses In three short
years it has been compelled completely
to reverse this position, and is now
preparing to campaign on the old, old
charge that dangerous surplus Is
about to accumulate in the treasury.
The republican administrations have
never failed to reduce the national
debt The most recent democratic adj
ministrations added to it enormously.
The republican party gathered abund-
ant tithes from the people in a man
ner which added to their general pros
perity. The democratic party gath
cred less than enough to pay the legit-
innate expenses of the government, but
its method cost the people a thousand
- l. 4
treasury.-K. G. Journal.
Candidate Debs declares that he viii
stand by the flag This rather dis
credits the theory that he going to
withdraw in the interest of the man
fn.