Democratic Sentinel, Volume 14, Number 15, Rensselaer, Jasper County, 2 May 1890 — The Bounty Business. [ARTICLE]

The Bounty Business.

A bounty on sugar, silk or anything else is a rascally imposition on the people. All the industries in this country, of course, would like to receive bounties, aid taou-nads of them need bounties, but tuat is no reason why the Governmeut should pay them. Least of all is it a reason why Congress should \ote bounces to two public industries and not vote them to 2,0u0 others just ns feeble. If i the Government is to go into the bounty j business at all it should at least deal out bounties impartially to all the interests that need them. But if the Government is bent on assisting a few industries at the exponse of all the rest, it must be admitted that the method of assisting them by bounties is far preferable to assig ing them by a protective tariff. When a bounty of $5,000 a year is paid to an jnddstry, the country is plundered of only $5,000. But when a tariff is laid oil imports in order that that same industry may raise its prices $5,000. the prices of imports are raised also, and the people are plundered of perhaps $5,000,000 that the protected industry may realize $5,000. riy the bounty system, therefore, the people not on'y lose less, but are able to tell exactly how much thoy lose. Therp is nothing so ruinous to a country as a taxation by stealth. These bounties will also do good by educating the people. Comparisons will everywhere be instituted between bounties and the tariff, and when it is seen that the tariff is even more iniquitous than bounties, and that both confer gratuities upon favored classes, the conclusion drawn must be a salutary one. In this vievv, we say, let the bounties be piled on.— Chicago Herald.