The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1904-10-07


ne democratic ppiicS mas often beer
announced TO be n IAitlfF fOi'
fi.s ENuA ONLY. Md what tins high
sa}lalhg ioiicy Always m practice has
}folattd IS w isEN i
-A1Nls iNShDAslN' Dth i'il.
hs Gie&t business DEPRESSION whictl
OVERLOOK iae country during the last
iiNia, 'sSaAc aslhilhlstfatiol was due not
infrftN 10 the autl-ppotettiol features OF
i{Al'sraiIc larlH tnReflt$, pnt to the
NeF3 serious Ialhiig on III government
atvstaeS Which 1t oecasiohed-
W .'ei t'lefe Is y eohallloh OF uilccE-
s1s"'. ''ia nlStahiLitN IN business. Whicli
ny, tdfSef himself mas admitted follow
eS l'ss' attenhpts III me laf'i iillKeflhS
laF. ile Imports or certain classes OF
hat33"tt goods are atWaNs sure 10 ran on
"ien nc aeefeaseu lat!l' lof Tue
tsiSNti t"a' the peol1e consume lesS TOT
Si-n t'Huraes III nara tlihes IMAM III GOOD.
WIZ ne iofeisners aooulhs Tue -Amefl-
We ',sihe's M,tn a'.t'les thAt can JUST
a. Nttt ne ptou'iceo D! -Ahierlcah lhoor.
our own people naturally nave less imam
elai menus Win winch TO BUY forelsn
49,, sins, seas' "iies' perfumes oia-
'.- ""hS ol 'i'' ei..
Z" measure tne
= 'a'ii NJ" WIS y s.nPthuous iali-
N'e. = autnois sno"e" eoiossa' puN-
~ A".'hnpe'eiite III ,ieir iai'ufe 10
t''"e u suppis anywhere near 'he
in'a-l VI revenues required 10 nieet 'le
eAls.'s'S "i ene government Inc reve-
guy !toin ihe MliSoh piii zen slort Oh the
ss'',i.'tes oi us hehoeralie trainers 10y
~ vs. u sum t"ah S~o.'oVo'oVV' anu
Nhis' ihcilldans ITS sugar import tax, to
'."Is y. II DCenio'i",ie ieaueis'
had been bitterly onnosad 1,hiS hin nor
only did direct d.u,ue tn m,nnf, ctnr;ny
industry EVERYWHERE throughout tho
but If had disastrous. effects on
the natiOn's credit because IN c,usino
the revenues to dron heavily below +be
expenditures il forced the government to
FOR its routine EXPENSES on the
treasury gold reserve. which was needed
To preserve the gold st,ndara of volna
and this shrinkope in tbn cold reserva in
turn necessitnted tho enormous bond ;s-
sues in which sypdicates sar,rad tba;r
notorious So, keoffsn
All throuoh 1904 trade deuo,,l;yo+ior
5nr,na Sod and tho .oyernmen+ rovannos
Tor rhe first s;y months Of Tho ,aar -
ed ont tn he nhont $40 OnO @ less tho,
the Democratic Sacrata,y of tho T,aar
airy Mr. Carlisle had ostimated thov
1yo,ld ba in bic ranort az D,,an,ho.
1Sns. Nevertheless tho Danoc,,tic la,a'
ers failed ia heed tho worning b,t ran+
a head with tbeir fraa troda tar;f LIN
witbout n y;ne tho sliab+ast .ttan+;on ~
yvl,erher or not -l,s I'm no,,ld nrodua.
enouch revenue for rrnn;na tho namasn
ment = eo'e'A
Inc house OF Representatives not only
struck OF the import taxes on coal, iron
ore. ana wool, which were exclusively
protective duties, and therefore logical
suhlects Tor revision, from the Demo
cratic standpoint, but it refused to con-
tlhhe the sugar duties, which We're a
taS OF the most productive char
actef. me senate, through the inf1u-
ehce OF ~. U. Davis, now the Demo-
cratic wee presidential candidate, whose
vas, fortune was represented chiefly in
cohi iahus' replaced the duty of 40 cents
per ION on coal, which was an utterly
ihsislnhcant source of national revenue,
out ~ restored only such part of the
sugar dnties as could play directly into
the hahds OF the sugar trust. Consid-
efe.l merely as a law contrived to pro-
ouce s'llficlent revenue. the Senate bill
was nnlnlbtedly superior to the House
OH. Nhe Senate sugar tariff, it is true.
produced eventually hardly one-half as
much revenue as had been yielded by the
sugar tarltf of 1888, but there was never
Iheiess collected from this source. in the
ne, Mo ~ ~ x5n GOO nnn
which revenue wo,lI bapo boon nbtn;aoa
hy tho rowan r.,+ rrdar tha Ha,sa h;,,.
frr,-snr,r nr,yis;ons pnt En- TIT
,e fnsad for vnr, nhv;a,s $1,000 -.
frame,s Of rho sen,to omandmen+s
any ,.redit for +h;s .oL;aman,ant a. 49,
Of +ha nos.oas ~ ~ y.,;,ssa III,
h. +1s nnnsr homsa = &c l;soauasaa ~.
,evcr,r n.mocra+io Sonatans -
t,tex c.,,,frollod aati,n ~ 49, "n1 ="
tias >rnro snoo,1at;nn ~ WI, s 80 ~.
sncar +rn.t strn,. m.
,lomor o,or +l,aso J;soIa, ~
~, q, ON ~ i.t.as So. -.
fle;;alona +oshis ,,non.,n. - ~. I9"nM
i n.ia ,;nn No sanatasai ~
NhbSS w pe