Democratic Sentinel, Volume 17, Number 20, Rensselaer, Jasper County, 2 June 1893 — CLEVELBND’S FINANCIAL POLICY. [ARTICLE]

CLEVELBND’S FINANCIAL POLICY.

It is quite definitely settled that President Cleveland has decided upon three measures which he will ask congress to pass. He wants the Sherman silver purchasing act and the law imposing a tax on state bank circulation repealed and a law enacted imposing an income tax for the purpose of raising revenue . J Unless he changes his mind, Mr. Cleveland will link tnese three propositions together in his next jl essage, and, if he does so, he will express himself in terms quite as •lear and unmistakable as he did in the tariff message of 1887. Mr. Cleveland puts the repeal of the Sherma i act above every other consideration. He will lend bll his influence to the accomplisho ment of that end. He has studied ihe subject thoroughly, and is convinced of the pernicious effects of the silver law of 1890. He arrived at his conclus ; ons as to the other two propositions more slouly, but having made up his mind as to state bank circulation and an income tax, he expresses hit* self freely in conversation in favor of enacting such legislation. His views are expressed with emphasis . He impresses his visitors with the greet responsibility the party has assumed, and urges such of them as will participate in the work of the Fifty-thiid congress to make the work of that body thorough and effective. Th* president, it may be stated, feels greatly encouraged by the assurances he has received from representative Democrats as to the soundness of his views. He has hopes that his policy will be

adoDted ar d that what for a time seemed to be an insurmountable difficulty will yield readily to the spirit of concession which is now generally manifesting itself.— Democrats of the South, who heretofore have insisted strenuously ou free silver, listen with patient attention to the proposition* for a repeal of the tax on State bank circulation as a means of increasing the vo’ume of currency and will vote for it. The pro, osed levying rt an income tax finds favor in nearly every quarter. Democrats from the West unite with those from the South in l dorsing that method of raising revenue, and, judging bj the sentimentalready expressed, nothing seems more likely than the adoption of such a measure by the next congress by a large majority. The Democratic party is under no obligations to Lucius B. Swift. The civil service idea can be so deeply implanted as to produce a crank. Mr. Swift should bear in mind that Democrats she uld have and are going to have a fair show. If the civil service law is to be used for no other purpose than to keep Republicans in office R had bette,be repealed.—l ogausport Pharos.

Going On the Cheaps. —ln a letter to tin Chicago Record, a native of this state, . inning himself simply as “Posey County, Indians,” beats the Kecord’e bedrock prices of 90 cents .» day to the World’s fair. Here are his figures: Street carfare, 10 cents; admission, 50 cents; milk at milk exhibit, free; fresh rolls at yeast exhibit, free; buttered cakes at butter exhibit, free, it will be seen that “Pos iy Countv” spent an entire day at the fair and was out o ly (50 Here is a pointer for those desiring to go on the chears at Chicago. An item is oing the rounds to the effect that whisky is being manufactured out of old rags. It is orobably a mistake. It is an easy matter to manufacture rags out of whi-kv but the reverse operati n can not be performed. The next annual Dnnknrd meeting will be held at historic Johns, town, Pep. isylvauia.