Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1906-12-27
NOT TO BE TRUSTED
REPUBLICAN PROMISES HAVE
BEEN PROVED OF NO VALUE.
No Form Of Even Reasonable Tariff
Revision Is in Sight, Though the
People oroan Under the
Burdens Imposed.

Every dollar expended by the gov
eminent is paid by the people in
taxes, except a small and gradually
decreasing amount from the sale Of
the public lands and a few small sums
from other sources. The total receipts
for the year ending June 80, 1905-the
last official report published-were
$697,101,2 70. of which 1851, 7S9,S57 was
tariff taxes and 1924. 095, TAI was in
ternal revenue taxes, and those
amounts have been largely increased
during the past fiscal year. Extrava-
CANT appropriations by congress mean
more taxes and therefore every Il
is interested in an economical and
honest government, both in the legis-
lative department that makes the
laws which authorize the expenditures
and In the executive departments
which expend the money. When con-
gress authorizes more taxes to be
collected than are needed to produce
enough money to cover expenditures
and there is a large surplus In the
United States treasury, it very nat
urally leads to larger appropriations,
because there is a constant demand
by the individual congressman for an
appropriation for his district, besides
the general demand for appropriations
for all kinds of purposes.
There is now a surplus in the treas.
ury of over 5000, 100000, of which over
$154, 900, 900 has been loaned to the
national banks and upon which they
pay no interest. That large sum would
allow the tariff taxes to be reduced
one-half and still produce a surplus
for the coming fiscal year and II the
tariff rates we're so revised that dla-
monds and other articles that are lux
uries paid as much per cent. tax as
some articles Of necessity are now
made to pay, there would be about
as much money collected as there is
at present, and the price of articles
of necessity would be cheaper, but the
price of diamonds, etc, would be
higher. The trusts and combines that
are now charging exorbitant prices for
their products would be compelled to
lower their prices, or similar products
manufactured in England, Germany OF
elsewhere would be imported at the
reduced tariff rates and compete witt
the trusts products. Under such 9
plan of reducing the tariff rates or
necessities one-half and increasing the
tariff tax on luxuries the trusts woulc
either have to reduce their profits OF
lose part Of their trade.
The knowledge that reasonable tar
if revision would reduce trust profits
Is the reason the trust magnates are
all Republicans and are willing to pay
a percentage Of their large profits tt
Republican campaign funds to hell
keep that party in power. That is tn
reason a Republican congress STANDS
Pat and refuses to consider the bill
for reforming the tariff that were in
troduced by the Democrats at the las
and former sessions of congress. IN
doubtedly this standpat attitude Q
the Republican leaders led to the DC
feat Of a number of Republican car
didates for congress and the great
reduced majority of others. Still tn
Republican leaders declare they Wi
stand pat although they promised tai
!. if revision when necessary. But tn
promise is never fulfilled and now tn
declaration is made that after tn
!, next national election, If intruste
J with another lease of power, they wi
/, again promise in their national pla
form to reform the tariff-after ele
ton.
Will their new promise be any MOI
faithfully kept than former promise
and will the protected trusts and co
+. porations be any more willing to Sc
their profits cut down after 1908 tina
now?