Democratic Sentinel, Volume 21, Number 42, Rensselaer, Jasper County, 15 October 1897 — Page 1 Advertisements Column 5 [ADVERTISEMENT]
“Who shall be the next United Btates Senator selected from Indi* ana?— Jntior Organ. We answer—Senator David Turplt, and don’t you forget it On the first day of this mouth the receipts in the United States Tro sm y amounted to S7BO, 359 94; the expenditures to $1,090,000, Deficit, $9;'3,040 06. The deficit for the fiscal year to date amounts to $29,939,694 85. This is a splendid showing of prosperity? So* mor and Juuior organs please copy.
THEORY AND FACT aT WAR. “Foreigners who look to the rich American market for enorm* ous profits o>. their cheap made goods, and grumble when they have to pay the Dingley tariff out of th-ir profits, are looking for that dear old Democrat who still thinks the foi eigners don’t pay the tariff. They wart something to kick at.” The above choice morsel we copy from the Republican. The importers or this country puihase goods in Europe at their market price, provided they cm do so and realize a profit after paying the duties required at oir ports of entry. The duties are added to the cost,, freight and profit, and the consumer foots the bill. In this event the government derives the revenue fixed by the tariff. If, however, the importer finds he can not pay tl o duty and realize a profit, he makes no purchase; our home dealers, with no competition from abroad, put up prices, have no duties to pay, reap big profits at the expense of the consumers, and the government derives not a farthing of revenue. In ibis way millionaires liave been created., and dieted legislation which slio’d have been enacted “for the greatest good to the greatest number.”— In this day and age the individual who asserts that “the foreigners pay the tariff” is either a fool or a knave.”
