Democratic Sentinel, Volume 18, Number 2, Rensselaer, Jasper County, 26 January 1894 — REMEMBER! [ARTICLE]
REMEMBER!
That the high protective duties enacted by republican represent* atives in congress, and fostered and enforced by republican administrations were the forerunners of the soup houses now being established throughout the land.
The Harrißon.an administration greatly reduced, or entirely lopped off the i.ax where it would produce revenue, and increased duties where it would throw revenue into the coffers of the trusts and combines. That the late HarrisoDian ad • ministration redeemed $164,964,000 of government bonds not due and paid the bond-holders $20,000,000 for the privilege of redeeming them. That the Republican Billion Dollar C n Tees cut off $60,000,000 of revenue and added $L0,000,000 to the expenditure in bounty on raw sngar produced i 1 this country.
That the late Republican administration cut the revenue $60,c OO,OOO, added mere than $7o,ooo,«» 000 to the exp^ndi 1 ure, redeemed bonds not yet dne to the amount of $164,954,000 and paid the bondholders $20,000,000 for the privilege. That the treasury thus emptied by the Ja+e administration, the money kings, in their efforts to profit by it, produced the money panic that followed. Remembei this, and drive the blame _ home to the Republican administration and con -ress.
Mr. James H. Maurv has contnbu'ed to th* New York World a startling array of figures to dis•close the inwardness of the Sugar Trust, which dictated the McKinley sugar tariff. The trust coni trols refined sugar. It gets all the benefit of the McKinley duty on refined sugar and gets its material free This trust has an actual «&} ital of $17,740,000 and has unloaded stock on the market to the amount of $75,000,000. As the bonds covered more than the value of the plant, the stock is all water. The government bounty of about $10,000,000 a year go;-s chiefly to the trust. Consequently the Me* Kiniey tariff and bouuty have made ihe individuals who dictated them and organized the trust so euorm* ously rich that they can spend a million or two to beat the Wilson bill. The Bagar Trust is a formidable precursor of the possibilities wbicn may grow under the domination of a McKinley party in this country.- St. Louis Republic.
During the first administration of Cleveland many millions more ot the public debt was paid than during that of Harrison, and a big surplus remained in the treasury. Harrison left a deficiency to be met.
; James A. Kays, after a protracted illness, died at his home, in Bark ey township, Thursday morning, January 25,1894, in the 63d year of his age. Mr. K. was a devoted husband, father, friend and neighbor, a brave soldier, good citizen and ■unswerving Democrat. His demise will be keenly Lit His family, in the bereavements that have taken piece m late years have the sincere sympathy o). all. Funeral services at M. E. church Saturday at 1 o’clock, p. m. Interment in Weston cemetery.
