Democratic Sentinel, Volume 19, Number 15, Rensselaer, Jasper County, 19 April 1895 — Under Tariff Reform. [ARTICLE]
Under Tariff Reform.
TneChicagaTimeesHerald publishes figures showing the increase ©d customs receipts under tbe present tariff law, which are also interesting as disproving the repub > lioan claim that the treasury embarrassment was the result of decreased tariff revenues. It will be remembered that the new law went into effect August 28, 1894, a id by comparing the receipts of September, October, November and December, 1894, and January and February of this year, with the corresponding s x months of the preceding vear the exact effect of the law on customs ref ceipts is shown. Ihe following figures show the customs receipts for the six months in question, month by month, under the new law, and during the corresponding months of the preceding year under the McKinley law;
September, 1894515,564,990 October, 1894 11962,118 November, 1894 10,260,692 December, 1894 11,203,049 January, 1895 17,361,916 February, 1895.. 13,334,691 T0ta1579,686,456 M’KINLEY LAW. September 1893$ 12,569,773 October, 1893, 10,999,531 November, 1893, 10,218,688 December, 1893,.... ~ 9J53,215 J anuary, 1894, 11,454,803 February, 1894, 10,390,528 T0ta1,..,....564,786,541 Thus it will be seen that the customs receipts of the half year under the new law, were greater m every month than under the old, and in the aggregate were nearly twenty-five per cent, greater thai those ot the corresponding months ot the previous ysar under the McKinley law. With the increased customs ret ceipts, augmented Intern§,l rove--nues and the income tax collec tions, the deficit will soon give way to. a comfortable surplus.— Meantime, business is forging ahead and tbe hard times aie disappearing . We are getting out of tne woods and can face the future with positive assurance
