Democratic Sentinel, Volume 22, Number 11, Rensselaer, Jasper County, 19 March 1898 — Page 1 Advertisements Column 4 [ADVERTISEMENT]
It cannot be claimed by republic hcans that the Dingley law has yet burdened the Government with available cash. It yielded a small surplus during the month of February .. a surplus ot about $2,000,000 (which has no prospect of being repeated. But for every other month during which it has been in force, except November and December last, when there were very unusual miscellaneous receipts, (from the sale of the Pacific rail” wav) there has been a deficit.
The strike io the cotton industries in New England is on its last legs. The end is in sight, and victory, as usual, rests with the corporations. Numbers of workingmen have signified their readi* ness to go to work at the reduced pay which promoted the strike. In these blessed days of McKinley prosperity a half a loaf is ever so much better than no loaf at all — It vas choice between actual eta » vation and a partially satisfied appetite, and the cotton mill operas tives wisely chose the latter. The mill owners have won. They can now divide greater dividends and prepare for another demonstration of the splendid possibilities of protectionism.
There has been more or less boasting in republican newspapers over the fart that the $50,000,000 appro* priation could be made without increasi g the taxes. Of course, the impression desired to be made on the public mind is that the lepublican administration has a surplus in the treasury. It is a fact that there is plenty of money in the treasury, but it is also a fact that it is boriowed money. Grover Cleveland’s bond issue in time of peace has made it possible for McKinley to get along without a bond issue at a time when war is threatened. Congressman Gannon indulged in a little buncombe when he in* troduced his resolution appropii* ating the $50,000,000 He said that “we did not have to present with this proposition o .e to borrow money or to increase taxation; to which almost any other nation on earth would have been obliged to resort.”
This is true, but it is only true because the taxation was fevi d by Mr. Cleveland, thus-relieving the republican administration ot the necessity. Surely congressman Cannon does not expect that this expenditure of $50,000,000 will be met by rhe rev enue derived from the Dingley bilb wnich has rolled upthemagnifb cent defic’t of nearly $53,000,000 during the last seven months? If more monev is needed it will he lorthcoming, but the Dingley icvenue will not supply it. Good warm lunch at Kennel & Ab I ett’s restaurant and bakery, for 15 cents. Bring on that wooa.
