Democratic Sentinel, Volume 19, Number 38, Rensselaer, Jasper County, 27 September 1895 — Wilson Bill Foundation. [ARTICLE]

Wilson Bill Foundation.

“The Wilson tariff bill,** its an* thor says, “aimed to inorease largely the number of industries that could stand without bount ps. its foundation waß a free 4 list of raw materials. Fortunately the most important 01 these remain in the tar iffjj bill as finally enacted such as copper ores, salt, flax, hemp and wool, to which in .a mote advanced stage, may be added sulphuric acid, the bnsis o< so m.iuy industries; cotton ties, sawed lumber* binding twi je, etc. “As to revenue, the operation of th 3 new tariff bill ought to he satisfactory to its promoters. The customs revenue under tne MoKin* ley bill fell from 229 millions in 1890 to 131 millions in 1894. True, the last y ar was one of widespread depression, and great allowances must be made for that fact in any comparison “The new bill began under the shadow oi that depression. Qnly of recent months has there been a feeling of financial security in the country at large, but the close of the fiscal year saw an improvement of more than 20 millions in our customs receipts, and the revenues for July and August promise a still larger increase for the present year.”