Indiana State Sentinel, Indianapolis, Marion County, 17 October 1894 — Page 5
TÖfi INDIANA STATE SENTINEL, WEDNESDAY MORNING, OCTOBER 17, 189i.
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HENRY C. BELL'S ADDRESS.
TIIK DEPUTY rn.SIOX COMMISSIOXEH TALKS OS TIII3 TARIFF. Mr. Reil I Grretrd by an Enthnsln41c AnnrrablaKC t Domocml and Present an Invincible Argnmrnt on the lunar of the Dr-An Able Ail. tiros. An Immense crowd of democrats assembled Saturday rigrht la Masonic hall to listen to an address delivered by the Hon. Henry C. Bell, deputy commissioner of pension. The audience v. as not only larjre and enthusiastic, but It was distinctly an Intelligent one, as was evinced by the close attention paid to the speaker through more than an hour of his address, as well as the frequent manifestations of approval as Mr. Bell, with an eloquence not frequently noted in the political epeaker and a rich fund of official figures and authorities, gave to his audience a clearly expressed analysis of the history of tariff legislation even back to 17S3, when the first tariff law was passed that has not been heard in Indianapolis for many years from the stump. After expressing gratification at seeins an audience 50 large and composed, as he was convinced, of so great a percentage of thinking men, he went !nto a concise review of the history of tariff legislation In this country and the results produced. It was In 17S9, he said, that the first legislation regarding a tariff on forden articles was enacted. History showed that this was followed by a palpable depression of trade, but it was in 1S08, when the importance of foreign articles of manufacture was prohibited. that the Iniquities of protection were mea-un-ably Mi. There was one year of desperate commercial disaster which brought ruin to the doors of thousand.? of the tempks of trade and sent counties merchants into irretrievable ruin. And this was accomplished in one short year under a scheme of protection which had been absolute. In 1.V09 the law was repeal -d and th!. wa immediately followed by three y-ais of prosperity. In lSil the t.irlu w.i. doused and again serious and disastrous depression of trade came fwc-pir.g over th country. In 1!'J the fir.-t measure of protection was enact d, and this, acc eding to the history of the tini-s. was followed by a dt-pres.-ion so f.ir-re ichlnsr and wretched in its affects that even in puritanical Xew England, am-T.g the factories and mill?, th-.re came the growls and murmur.? of a well-defined but incipient rebellion. In IMS the tariff was Increased and was followed in the year 1S13 by a m notary etre.-s and panic. In 1S24 th? tariff was still furthe- inerea.---d and here came G. general reduction of th" wag- scalithrougn the factory and mill districts of the East. In the yir lc- there was a further Increase of the tariff and the result wc.s a still greater .-taur.ati. n along the lin-s of trade and commerce. I'.ut 1 change f r the better came? warn, in 1S32. the tariff was reduced. As a natural c0n.5equcr.ee there was experienced an aim--: i.mnediate n-vival of busines.s. In 1S33 the tariff was s:ill further nlucfl and for the first time there was brought to the federal treasury a purr-h' f public revenue?. In is 12" the tariff was restored and in ISIS the rnast severe st 17nJtion in l-.usine.-s known up t that period was e.xpcrit need. From 14' to 1357 the tariff was cut d urn one-h.d" and the result wa.-? a gradual resumpthn if business and an increase of trad From 1S61 to lSt? the tariff was steadily increased until in 1SS it was raided on woo' followed by a decrease in the raising of sheep and the prcdu-ctkn of wool. In 1S70 there was slight decrease cf the tariff, tut 3D slight that th? benefits to business in the country were not noted. The Panic of 1S7.1. In 1573. under th? protective policy established by the republican ptrly, one of the most frightful panics ever knjwn to the United Staus came upon th-? country, with losses to business which were Immeasurable col-ossal. Th? business of th? cxmtry, after partially recovering from th? effects of the panic of 1S73. continued aljng under t'n stress of republieiri protection unt'.l lsy), wivn hi m ;nFtrou.s measure of pr tvti n evolved frm the t.riin of William McKinley. a.--i.'i by the trust-? and coxbinc, xvxt f)isi?d upon the pe .pie. Th people of the United StatM well know what ha.s .-o:n t th country from this Iniquitous measnr. It has b?cn $?zn in. the cl ising of fu-torie?, the reduction of the wages, the multiplying of tramp an.l tho mar'n of shel:?rle3S and starved armies "'down to Washington." Mr. Dell went over the position tiken by ths republican leader3 in regard to the tariff legislation of the recent stssion of coriKresj, and referring to the father of the late republican tariff monstrosity, said: "Governor McKinley In hLi speech ma le at Bangor, M1., on the S:h of September said that 'unier the operators of the law of 1330, every man in this country was employed at good wages, every factory was running at i's full capacity and! the c.-n-sumer was receiving th-? nxi-aries of life cheaper than he had ever re-vived them before.' "We have been living under th operation of this law since Oct. 6. 1S90. until within the past fix week.5?, and is it a fact that during the pa.it four years under the McKinley law every man in this country has had employment and at pood wases? And Is it true that every factory ha.s been running at it. full capacity during that time? To ask this oue.s:ion b to answer It. It is notorious that every man in this country who wanted employment during that time lias not received it at good wages, nor has ha in a large number of cases received It at all. And is it not notorious that every factory In this country has not been running at its full capacity during that time, but that, in fact, a. large proportion of them have not been running at all, and have only begun operations sine th i passag? of the "Wilson tariff law? And if it Ls truo that the consumer has been receiving; the necessaries of life cheaper during the past four years than ever before, then it necessarily follows that protection! has cheapened the price of articles of consumption, and. if bo, how could it have been a benefit to ?uh producers, and how can they be Injured by still further reductions, a.? It it claimed that the Wilson law will bring about? "The governor ask3 if 'any thougrtful man believes that the law of 1894 will ver restore these happy conditions here in the United .States?' What Irony of language Ls this! Every man who has studied the subject of tariff at all from an economical and historical, rather than from a political and selfish standpoint, knows not believes that the law of 1804 will not restore the happy conditions existing here since the McKinley law was passed, for the simple rea.on that no euch conditions have existed; but that It will dispel the miserable business conditions existing in this country sine the passage of the act of 1800 no thoughtful man for a moment doubts. They are so plain that even the wayfaring man, though a protectionist, can hardly escape seeing them. "Every man in this coun'ry employed at good wages, and every factory running at its full capacity during the past four years under the McKinley law? Could mendacity or statement go 'beyond this? Why. I hold in my hand a statement covering thirty-six pages of closely-printed matter. taken from Ilradwtxeet's for the first two years after the McKinley law was passed, and it shows that in over twelve hundred protected Industries of the country strikes occurred, wages were reduced, factories were closed and unprecedented financial and business ruin held high carnival. This was before the re-election of Mr. Cleveland, and cannot, therefore, be attributed trt the accession of the democratic party to power or to the anticipation of (bat event. ThU statement fur
ther shows that not a single proected industry in the United States advanced wages during these two dark and ruinous years. Troths of History. "Is it not strange Indeed that a man of Governor MeKinley's national prominence a man who seriously believes himself to be a candidate for the presidency of the United Slates should be driven to such desperate straits as to absolutely falsify the truths of history during the past foui years in order to bolster up the desperate and ruined cause of mad protection In the United States? "Were there no strikes, lockouts, reductions of wages, ruin of manufacturing establishments or discharge of workmen in the state of Indiana during the four years of McKinleyism, now eo happily passing away? "In add!tln to these strikes, lx-kouts and reductions of wag?3 in th? protected Industries of the country during the two years following the passage of the McKinley law, Bradstreet's also shows thit the number of failures in all kinds of business in the United States for the first two years after the McKinley law was passed aggregated 22.523 and carried total liabilities amounting to over three hundred and seventy-five million dollars. These are some of the 'hnppy conditions existing in the United States under the McKinley law." Mr. Bell, In the course of his magnificent argument, gave a solution of the hitherto puzzling question of the balance of trad? which will give republicans much to meditate upon for the balance of the campaign. lie said: "Governor McKinley calls the Wilson bill a 'bill to Increase importations,' and argues that if importations are Increased the, production of home goods and the exportation of horn goods will thereby be diminished !n a corresponding- degree. This, as we have before shown, does not follow, but th contrary. The McKinley law was designed to increase exportations and restrict importations, and the governor brings forward a cloud of figures to show that it had that effect, and from this fact argues that It was largely beneficial to the country. This Is simply a revival of the mercantile system, which was exploded by Adam Smith over a hundred years ago, that If you can brin? about an excess of exports over Imports the difference will return In money, gold and silver, and that the ountry which receives Its balance In this gold and .silver will lie richer than by the receipt of the balance in go 'ids which thi money wk.uld buy. It ls the old and thoroughly exploded protectionist sophism that ;i nathn is enriched by exportations und impovwishel by importations. It is on the same principle as to say that Indianaj'OlLs could be ruined next year by rolling in upon her increased millions in fern, wheat, live animals, brick, lumber an l oth - kinds of produce, when, as a matter of fact, everybody knows that it v.--mid pimply build up and enlarge and strengthen all kinds of business here, and tail th:r millions of gaods would rollout cf Indianapolis to pay for the additional miilit.ns vh!.-h rolled In. The Ilalnnce of Trade. "So it will be with the country at large if additional millions roll in from foreign nations. In this esse additional millions will roll out to pay for them, and all kinds of legitimate paying business in this country will enlarge and fructify and expand, and all kinds of employment and trade will feci this renewed and enlarged life in every nerve and in every artery of their exi-tence. "In other words. Governor McKinley seems to be thoroughly saturated with the delusion of th mercantile system the protectionist sophism of the balance of trade. "J 1 has always been one of the dreams of the advocates of a protective tariff that to secure a balance of trade in our favor that is, to have our exports exceed our imports; in other words, to send more goods out of the United States than wire brought into the United States was a "consummation devoutly to be wished;' and they have as jiersistentiy cl (iied that such a balance in our favor conclusively showed that our people were in the enjoyment of prosperous times, while a balance of trade against us as certainly shoAvd that h? wer? experiencing hard times. It ls not necessary for me to show at length the admitted fact that all trade is mere barter, that is. exchange of goods for goods, and hence that the reverse of this Is true, and that when our imports exceed our exports, instead of being an evidence of hard times and loss to i.iir people, it really shows the existence of Letter times and more certain gain to our p?ople. "Inasmuch as all f re'gn trade is simply an cxi-ii mee of for j?ols by indiv'.dinls with individuals. It follows, as a. matt'r r.f cur.-?, tint if on indivlJu.il ptl ts m r. an l .1 greater value of poods frm the foreigner than he gives to the f r?i.rh:-r, h? is rot gJdtins pör?r, as pr"tectlonl'ts claim, but is, in fact, getting richer. Uor instance, say an American leaves the port of Xew York with 2.0!i0 bu:v.s cf wivat, valued at $1 a bushel. It is thereupon entered on the custom-house h ,.ks as $20,0'X exported. Hp sells' tint tvh?it In Llverp.ril, says for 51.50 ivr bushel, and with the $30.000 thus obtained buys llnglish gxids. puts them on bard a vess-I and brings thm to New York. When he arrives In Xew York the simo custom hiuse officii! will entor upon his books an Item of J30.000 as imIrts. "Xow, as you will readily s?. In this case the exports ar $20, 000, while the Imports are $:i0.O00. Th? balanc? of trad? I3 thus acalnst us JlO.OoO. and protectionists claim that we hive therefore lost $10,000, but do you think you could convince thit American who sold the wheat that by exchanging J20.0"O worth of American wheat fir JIM.ono worth of linglish goods he had lsot $10.000? I hirdly think so!
"To further Illustrate, say the 20,000 bushels of wheat valued at the custom house In Xew York at $20,000. had failed to reach Liverpool, but had. like 'McGinty." 'gone down to the bottom of tha sea.' In this case the book.-? would show $20.000 as exports, and nothing as Imports. The balance of trade would, therefore, be $20.000 in our favor, and, according to protection logic, th? country has gained $20,000; but could you convince the Yankee exporter of this wheat that this was true? Try It! On li in the rrople. "Now, practically, all foreign trade all exports and all imports are made up of Individual transactions between individuals of different countries, as shown In this case. It is thus conclusively and undeniably shown that an excess of imports over exports, Instead of bens: an evidence of loss to our people, ls In fact an evidence of gain to our people. "To turn from logic to experience, and to still further illustrate the principl? I am trying to make clear, I have here a report recently made by the chief of the bureau of statistics at Washington. D. C, which shows that during the fiscal year ending June 30, 1894. the excess of exports over Imports was $237,143,395. In other words, this report shows that tho balance of trade was over 237,000.000 in our favor. This being true, according to the contention of our protectionist friends, our people should have simply reveil In pro-rperity, wealth and happiness during the past year; but have we done so? "This report also ehows that during the fiscal year ending June 30, 1893, the imports exceeded the exports 'by $18,735,728; in other words, the 'balance of trade was against us during that year by over $13.000.000; and ls It not a fact that business was far better, and our people more prosperous, contented and happy than they were during the pat fiscal year? "The McKinley tariff law has fully realized the exploded delusion of the balance of trade the excess of exports over imports, and Its enraptured sponsor, notwithstanding the notorious fact that this enormous balance of over $237,000,0'K) in our favor has. during the past fiscal year been linked with financial disaster and the ruin of commerce and of trade, halls this final realization of the protectionist's dream with every expression of apparent satisfaction, and with every exhibition of self-gratula-tlon and conscious pride. Strange indeed that the vlrlla and masculine Intellect of such a man aa the great protection governor of the great stata of Ohio should have become so hopelessly ensnared in the meshes of such a self-evident delusion and such a transparent sham. It forcibly re
minds me of the awful Inscription over the door in Dante's Inferno: ile who enters here leaves hope behind. So it Ls evt-r with he who allows himself to become thoroughly saturated with the sophisms of protection. In doing so he must needs leave reason, logic, common: sense, the experience of all ages, n-nl the natural uncoerced practice of mankind in its natural'. legitimate and individual capacity behind." The speaker concluded by prophesying the success of the democratic party in the approaching elections and the entire victory of democratic tariff reform.
ALONG THE BY V AYS. As she entered the drug store of the Main? s?aside resort the manipulator of the soda fountain cast a ympreh?nsive glance ovt-r the trim, neat little figure, braced himself against th? mochanical ice chopjr and awaited his fair cust mer's order. Shs was a pretty girl, dressed in a blue yachting suit, boiled shirt waist and sail or hat, with a white lace veil stretched tightly across her face; so tightly, in fact, that tli3 long, curling eyelash? projected through it. "What can I give you?" he asked, at length, as the maid showed no disposition to say what she would have, but etood slowly unbuttoning her gloves. There was no reply to this hospitable query, but the unbuttoning process still went on. "I b?g your pardon, miss," repeated the clerk, deftly toying with an acid phosphate bottle, 'but I did not quite catch your order." "I haven't ordered anything yet," replied the young woman. Finally, "how can I do so until I have removed my veil?" The dispenser of sirups and sodas started som?what when he heard the question; then a self-.satls.ned smirk stole over his f?atures. Of cur3?, he thought, she wanted him to see h?r face more distinctly. But to make surj of this, with a killing broad-walk glance, he said: "Really, miss, if you'll excuse me, I don't see what the veil has to do with it. I can hear the ahem! sweet tones of your voice quite clearly," "Perhaps you can." replied th? maiden. frigidly, who by this time bad succeeded in removing ner veil, uut it you naa any sens? you would have noticed thit my veil W4S so tight and my eyelashes so long I couldn't wink." X. Y. World. It was the slack time of day and there was only one passenger in the west bound Jefferson-av?. car. He was a sadeyed man, who looked like he might b? a widower or deslrs-d to be one. and he Interested the conductor to such an extent that he couldn't help but watch him, and at th? sam? time pity him. A couple of minutes before the car reached V1-ward-ave. he beckoned to the conductor and he hastened to him. "If," he said, with an evident effort, "if I wmt to go to the city hill, do I get off at the. next street?" "Y?3, sir." replied 'th? conductor, more than usually polite. "Thank, you." said the passenger, and relapsed into his f rmer state of sadness. The conductor went back to his place on the plitf .rm, and v.li'n the car reached thr far sdde of the street he stopped it. The passenger, however, ap-peirr-d t be oblivious of the "it. "Excuse me," said the conductor, coming to him. "h re is whore you g-;t off to g to the city hall." "Thank you." was all the passenger said, without making a move. "Ain't you going to get off?" hesitated the conductor. "Oh, no. I merely asked if I wanted to go to th? city hall was this the street to get off at, .but I don't wart to go there. I want to go ta th? railroad station." and as the sad passenger smiled wanly the conductor banged the go-ahead bell with a vig r th;it frightened the motorman. Detroit Free l'rcss. A good story is told in connection wi'ih Mr. Joiah Quiney that will be appreciated by all who know him. Some time ago he was at an evening party given in one of the m st exclusive Boston houfse, and according to his wont, he stood aloof, preservlc.g a mien cf cold irdifferer.o? to his surrounlln;-, speaking to no one, and no one addressing h'm. Finally, the hostess, one of tre grand dimes of s-oci-rty, saw the lonesome figure, an.l not being able to recall who he was. went in haste to her husband and questioned h'm. The husband looked again and af?.aln. but he- did no: know him eithfr. th-n the huff's?, in groat alarm, whispered, she must go at one? an-J tin.l cut, fcr she believed" him M re a reporter! Approaching the unknown gu-s", ffhe said, with ::n air of much severity: "This is a very quiet hvuso; v ? it re very quiet people, and we d o not care to have any notice made of our reception for the newspapers." "Madam;!" thundered this distinguished citizen, "I ?.m Josi.ih Quiney!" Talleau. Boston Herald. "If the United States had never adopted the policy of protection her people would today have been getting a big share of the world's commerce," sai.i Mr. James Knight, a cotton manufacturer of Ash-ton-under-Tyne. England, to a reporter at the Xormandie. "Protection inevitably brings about restricted trad?. In England it is absolutely dead, and even 'fair trade, as it is called, has no chance of being adopted, the landlords and farmers, who were the old-time protectionists there, having ceased to uphold that doctrine. Free wool will be an advantage to this country and a corresponding detriment to the English. Cotton was never so low as at the present time, but the manufacturers are having a dull time of it and making but little profit. In fact, it is better for them when they have to pay more for the raw material, for when prices tend upward business prosperity is greatest. I do not see anything, however, on which to base the hope that either the producers of cotton or the men who make into cloth are going to see a rise fti values In the near future." Washington Post. Candidates for poet laureate still abound. An Edinburgh bard 'lately wrote to the first lord of the treasury that he was fully competent to fill the post, and that he was willing to do the old work at the old salary. Another aspirant, known as the Aberdeen Loonie, recently placed his services at the disposal of Liord Rosebery in a letter with this postscript: "If you should happen to have another man in your eye for the laureateship, I will be thankful for a government post on any kind in the meantime, or a suit of your cast-off clothes, for that matter." The letter was acknowledged by Lord Itoseheiy, who knew 'better than to wound a poet's sensitive feelings. The result in this case was a lively celebration on the part of the applicant for the laureateship that he wa3 brought into the police station. In answer to the charge he said: "F.xcuse me. I had a letter from Lord Rosebery, and it went to my head." Boston Transcript. Some wonderful tales are told of the fishing done by ex-Senator Thomas Brackett Reed on his recent visit to the Black Lake fishing club In St. Lawrence 1 county. It ls eaid he caught enough bass ! and pickerel to give several pounds to each voter who voted for him in his district. The small fish were thrown back into the lake and were not counted. The press agent of the BlacK Lake fishing club ls a genius and a third cousin of the late lamented Mulhatton. the man who discovered dye lake. Amasa Thornton and others, who were at the lake with Mr. Reed, state that he hauled in fish as fast as he could throw in hl3 line. The scales never fall from the eyes of men who tell fish stories. No one doubt3 that the ex-peaker caught plenty of fish. N. Y. Advertiser. Dr. Price's Cream Baking Powder World'! Fair Hihet Medal od Diploma. .
THE HARRISON PIG.
HOW im MADE AWAY "WITH THE clkvi:l.ad SIHPLIS. Changes the Form of Debt Statement to Show n nn In nee llimkrupt Ihr Trrctnar)- nnil Ilriug on the I'anlc The IteHpnnnihtllty Fixed Out of Ilia Own Month He la Condemned. Recently, in West Virginia, Mr. Harrison said in a fpeech he delivered there: "If you have felt the effects of the depression; if you think more of those effects and prefer not to lead the country through the slough of despondency, show it by defeating Wilson." He will doubtless make this same statement, or a similar one, all along his route. Xow, Mr. Harrison, take heed of the following resume of prominent events during your administration: The country was in the "slough of despondency" before you left the white house. Who steered It Into the "slough?" Who foundered the ship of state by running' It into the quagmire? are pertinent and important questions for discussion in the present canvass. Tamper wllh Debt Statement. That President Harrison was an incompetent or reckless pilot, to use very mild terms, will clearly appear from an examination of th? records of the treasury department which his subordinates made. He must stand by these records, and they show that he was responsible for the financial panic. It was a Harrison panic, deliberately brought upon the country. Every month the treasury issues a debt statement. Th? form of this statement was deliberately changed three times while he was president, for what purpose will be discussed later. By a comparison of the debt statement Issued March 1, lsS9, with the one issued March 1. 1803, it will appear that the same ittms which are included in the available cash in the treasury March 1. 1S93, when added together In the statement of March 1. 1SS0. shows that Cleveland turned over to Harrison the fabulous surplus of available funds of ?33'.34S,9itU2. In addition to this enormous sum there was nearly $JC0,000.0öD in the treasury on March 1, 19, whieh was held to pay gold, sliver and currency certificates then outstanding, the total amount of cash in the treasury bf ing $723.CCS.r.".r.6. When Harris. n surrendered to Cleveland. March 4, 1S3. the same Items whieh made up the three hundred and thirty millions available cash on March 1, lvSU, amounted to only $102,493,920.78. The saciv.1 one hundred million of gold reserve is counted in both amounts. Siitiimtlerecl by llarrhon. It will thus oe seen that Harrison turned over to Cleveland in 1S'.3 $167,S."4,1W...34 less of available funds than he received from Cleveland in lSSi). A large part of the surplus had vanished. In 1SS7 Cleveland saw that the enormous .accumulation of surplus was a menace to business and the result of unjust tariff taxation. He proposed to stop unjust and oppressive tariff taxation, but a republican senate cojec:ed, and the surplus continued to grow in am rant. The ship of state, with its rich cargo, accumulated by grinding tariff taxation and the economy of Cleveland's first administrati n, pas.-ed to the control of Pilot Harrison and commenced its voyage. It soon encountered pirates, and before the cruise ended it vras in the mod. quagmire, or 'Vlough." as Harrison terms it. It is interesting to examine the logJbook and see who attacked the rich treasure while Harrison was at the helm. The HoixllioIdiTR (Jrnli. Fir?: cam? the bondholders, those favorites of the republican party. During tiie first seven months of-Harrison's administration St.Sli.r.OO was expended in the purchase of ilaonds at a premium. See Windom's report for 1S90, page 27. But this did rot ratify the -bondholders, or Harrison, and the raid on the surplus was continued through ISI'0 and 1S91. when it ceased only because there was no more surplus. During three fiscal years ISS.a, is;t0. isni the enormous sum of J47.9')7,S07.32 was paid to the "bondholders as premiums on bonds purchasrd. See recent publication of coinage bv.s by th? senate, page 313. A S."S-l.00.0H Trnl Fund Looted. The 5hlp in 1S90 would have run into the "slough" if John Sherman had not eome to in rescue with his "mo ke-shif l" silver lav, which provided that the trust fund for the redemption of national bank notes should be turned Into the available ca--a in the treasury, and Ju'.y 1. 1S90. jr4,3.8,473.7." of this fund was transferred to the available cash. Thus Harrison was enabled to continue the purchase of builds at a premium. But the monthly debt statements 'began to show a depleted treasury, and In ordr to make a better showing on paper resort to Juggling with the statements commenced. Tre.uurer NbekpT, Harrison's special friend from Indiana. In his report for isPO. page", says: "Sino June, lS'JO, the frm of the published monthly statement of assets and liabilities 'has 'been twice revised." On page 9 he says it was "recast." Why it was "revised" and "reoast" ir, plain. If the old form had been continued it would have shown that there was not a dollar of available cash In the treasury. Hut this waj not the last time it was "revised" and "recast," a3 will appear further on. Ex-President Harrison in hLs speech sai l that "delicacy forbids m.j to say much of the lia administration." but for his subordinates ha says "tha!S there was an attempt to act for the best interest of all tho people." It was a very feeble "attempt." jQKKllnt; with Flunrcs. Was it "for the best. Interests of ell the people" that the public debt statement should be three times "revised" and "recast?" that $30,10.0,013.25 derived from profits on coinage during 'the fiscal years, 1SS9 to 1831. should be used to buy bonds at a premium, paying as high as $128 for them, and at a time when the treasury was on the verge of bankruptcy? and was it "for the best, interests cf all the iiple" that $47.9J7,R07.03, collected from "ail tha people," should be paid out to the few favored bondholders as a premium on their bonds? The enormous surplus turned over by Cleveland, tha bank redemption trust find transferred ta the available ca.-th and tha profits on coinage furnished a rich harvest for th-a bondholders. The taxes levied on. tha pee by the tariff laws continued to) replenish the depleted treasury. The protected manufacturers wanted some part of the plunder under tha Harrison administration. The McKinley bLU was parsed in October, 1890, ami the receipts from customs fell from $219,522,20T..25 in 1S91 to $177.4,02,964.15 in 1S92. This had its effect on the cash balance, and. with the billion-dollar" congress, created consternation in the treasury. Anotber juggle with the debt statement must be made. Again it must be "revised" or "recart," or It would not show a dime of "available cash" in the treasury. The statement: for June 1. 1S91. gave the net cash balance at $33,342,200.86. This looked like bankruptcy, and July 1, 1S91, the statement was "revised" or "recast." Prior to this date tha nickels, dimes, quarters and half dollars appeared on the statement as available funds. The nickels, dimes, etc., are now trotted out and made to do duty as available cash, and thus help swell the cash, balance. Hy this transfer the available cash baj.xnce was Increased to $53,893.803.83. This resort to nickels, dimes, etc.. was a humiliating act for the Harrison administration, and properly designates it as the dime administration. Cnpltnl Alarmed. Dut business men were not ta be fooled by making available funds out of nickels and dim?3. Capital became alarmed and the gold sltream started across the ocean. Under Harrlson-the excess of exports of gold over imports was $157,8.89,803. while under Cleveland's first administration the imports largely exceeded the exports. In the meantime tho McKinley act with its vicious provision for paying drawbacks
make another drain on the treasury, $8.614.439.14 being the amount repaid importers in 1S91 and 1S92. See secretary treasury report of 1'.2, page 23. Harrixon' Il.nikrupt Trensnry. From July. 1S91. until the close of Harrison's administration the treasury was practically bankrupt. The last statement issued March 1. 1S93. by Charles Foster, secretary of the treasury, place the ne: ca.-h balance at $-'4,12S,0S7.S8. The sime statement shows that of this amount $11.437.S33.74 was nickels, limes, etc. Harrison started with hundreds of millions and closed with dimes. Verily, h had run the ship into deep mud or a morass or a quagmire or, as he terms It. a "slough." Prepares to Innae Ilond. He knew, as did his secre-tary of the treasury, the.t the government was bankrupt. The latter gave orders to prepare for the Issue of bonds; the plates were prepared, but the man who had Inherited hundreds of millions and was reduced to dimes haughtily announced "that there should be no irerease of the national debt while he was president." He preferred to turn the treasury over in its bankrupt condition and force Cleveland to issue bonds. Laving Foundation for A Punic. Before the close of his adminls'tratlon the ruinous effects of his "miserable makeshift" sliver-purchasing law, with the bankrupt conditio n of the treasuiy'f lost the confidence of the world and millions of our securities were returned. The foundations of the panic had been laid wida and deep, and then the very men (Gen. Harrison being the most prominent) who had laid them commenced their scarcecrow woTk and have kept it up to this day. This may bei statesmanship; but If i: is the country should pray to be delivered from it. Above every soup house should be erected the sign, "Harrison Soup House." Carllnle Restores Confidence. Never in the history of the government had a secretary of the treasury such a task as fell to the lot cf the present secretary. He wa3 called to protect the credit of the government with a bankrupt treasury. He was equal to the task, and confidence has been restored. The outward gold stream has ceased, and will soon flow in instead of out. 1. Cleveland turned over to Harrison, $330,348,910.12; Harrison turned over to Cleveland. $1G2,493,920.7S; difference, $1C7,854 S95.34. But this amount included the gold reserve, $100,000,000, which Harri.-:cn considered sacred, and th agency accounts, so that Harrison's secretary of the treasury, in the last debt statement he issued, puts down the net cash balance in the treasury at $24.12S,0.78. and of this $11,497,829.71 were nickels, dimes, etc. 2. Harrison bgan the purchase of bonds immediately after hU Inauguration, and the firs: seven months paid out $00.954,coo. 3. Tn three years Harrison paid the bondholders $47,937,07."2 premium on bonds. 4. "Revised" or "recast" the debt statement three times so It would show a balance in the treasurv. 5. Transferred a trust fund of C34.3SS,475.75 into the available cash. 6. Had the benefit of profit on coinage amounting to $30.10.". Cl 3.25. 7. Signed the McKinley act, which reduced thf receipts from customs in one year $42.009.241.10. 8. In two years under the McKinley law the sum of $8.614.439.14 was refunded to importers as drawback. 9. The purchase of bonds, the billiondollar congress, drawbacks and general extravagance bankrupted th treasury. 10. This, with the misearble makeshift silver-purchasing law, alarmed capital, 1 rough t our securities home, and sent a gold stream across the ocean in volume $157.9S9.S03. 11. Preparation to issue bonds made by Harrison's secretary of the treasury. 12. Harrison panic and soup houses.
Hen Ilnrrlsim in Dnnicrr, Ominous news comes from Indiana, says the Chicago Times. Deacon Benny Harrison is like to gt Into troubD. .vmie weeks ago the dem vratic campaign managers leased the op-Ti house in the classic city of Lafayette and assigned ext'ongrespmm P. F. Shively of S .uih Bend the tr.sk of freaking to the p;opie cn the l.sues of the campaign Friday evening, Oct. 19. Then the republican campe'gn managers succeeded by some .f rt of hocuspoeus in injecting the element of doubt into the validity of the contract between the opera house management and the democratic committee, and forthwith announced that Ben Harrison, he of the hat, would appear before the people in his one-act play at the Lafayette opera house Friday evening. Oct. ID. The latest from the sc-ne of the impending con fiic t is to the 'ffect that neither side will yl'.l!d, although the nemooratio ultimatum Is in the nature of a compromise. It offers to divide the time between Shively and Harrison in a discussion of the issues between the parties. Deacon Ben will wlh before the fateful day is over that his oft-repeated reFolve to stay out of politics has been kept, for the Shlvely alternative Is loaded at both ends. If Harrison declines to divide the time and tries to hog" it all he must meet a man who stands C feet 4 Inches in his stockings and who coul 1 grease the little fellow and swallow him at a gulp. F.ut this is not so serious a danger a the one which thi-oatens if he does consent to discuss the issues of the campaign with Mr. Shively, for the excongressman "Our Frank," a.s the pvoople of the Thirteenth Indiana district affectionately call him Is as big in brain as in brawn, and he will figuratively sweep the floor with the apologist of protectionism if he is but riven the opportunity. Ben Harhs m's administration is as full of weak spots as his fri-end Carnegie's armor plates, and Frank Shively knows 'em all. He will riddle Ben's record with the shot and shell of truth and hold un to the world's scorn the economic sophistries and political vagaries of the self-Seeking beneficiary of the Hoosier game of "bloeks-of-fivo." Deacon Ben would better arrange for a change of dates. The Kicking Sngnr Itnrons. Governor Foster of Louisiana is not in the least uneasy over the political situation in that stata He unhesitatingly declares his firm 'belief In democratic success in all of the three sugar districts, where the re publicans have received the acquisition of the planters to their ranks. He does -not look upon the departure of these backsliding demccrats as at all alarming, as he thinks that there will be no ground lost to the democracy of the state by the movement, and it will furthermore perform the good office cf ibrlnging tog-ether and cementing into one solid phalanx all factions of the party and squelch factional issues. Sensible. The Auburn Courier announces that its political differences are at an end and it is supporting the whole democratic ticket state, congressional, judicial, county and township. The Courier says: "It is a question between a democratic victory and a republican victory and the Courier takes the stand it always has." Tha democratic newspapers of this district are united and aggressive. . Some China Tnlk. "I'm mashed on the floor," remarked the plate, as the hired girl let It drop. "I'm all broke up on It myself," rejoined the teacup, as it slipped from the waiter when the girl stooped down to pick up the pieces of the plate. Detroit Frea Presa. A AVonderfnl Conqnrror, Xo disease Is more common among the peopla than scrofula. Handed dawn from generation to generation. It Is found In nearly every family, in some form. It may make its abearance in dreadful running sores, in swellings In the ru'ck or goitre, or in eruptions of varied forms. Attacking the mucous membrane it may hi known as catarrh, or developing in the lungs It may be, and often is, the prime causa of consumption. In whatever form scrofuli may manifest Itself. Hood'3 Sarsaprilla ls its inveterate foe and conqueror. This medicine has such powerful alterative and vitalizing effects upon the blood that every tracs of impurity 13 expelUd, and the blood li made rich, pure and healthy.
ÜND HER HOME. FKMlMXn OVKLISTS OX IIOV TO COIRT TIIK ADVANCED WOMA." A Mother' Influence Mrs. Carljlr Women am Housekeeper Ail vlee to n Drbntnnlr The Ilnll In the Home A Fashionable "Woman Confession. It is hard to say just what is meant by the phrase, "the advanced woman." With a certain type of man of the world it seems to mean a woman who use? her brains at all and Is anything more than a well-dressed plaything of the Trukish kind. With the average man and woman it probably means simply the being who advocated suffrage for her sex and who likes to speak on the platform. The English literary man apparently bestows the name upon that sister of the pen who chooses to discuss in a novel with modern frankness the question of matrimony and the sentimental ways of mankind. The editor of the Idler, taking this view of the matter, has, after pondering the question, "How to Court the Advanced Woman," determined to ask these feminnlna novelists to answer it. Their response has been prompt. George Egertcn. the author of "Keynotes," boldly advances the opinion that man ls inferior; that his superiority has always been purely an economic one. She believes that the particularly intellectual woman can marry an average man of honorable character and no overplus of brains with a fair prospect of happiness. "Woman at her best," she says, "will always be attracted by manly qualities in a man. and If the average man is only prepared to give as well as take, to realize that the woman he marries has a conscience, opinions and feelings of her own. and to treat them with the Fame deference as he wouli extend, ay, to those of a male chum, he may safely risk courting her and as muh In the old way as possible." Mrs. Mannington Caffyn. the "Yellow Aster" lady, is not sure that th alvanced woman will submit at all to be courted. She rather thmks that the average man ought to keep in mind the coming girl, for whom the advance 1 woman la only preparing the way. This coming girl is described by Mr. Ca'iya as a tane and simple ruler over men's hearts, a creature of tempered knowledge and sweet serenity, of pity, loving kindness and humor. Truly a charming young lady for the average man to court. Sarah Grand's answer is short and to the point. Sh ? declares that she has "very liitle tc say on the subject, the answer seems to be such a simple on1. Therei is only otii way to court a woman, and that is with respect. So long as a man and a vornan respect each other's individuality neither em have any just cause :f complaint." Kxchange. A Mother Influence. That amiable feminine type whose constant cry from morning till night i"Don't do this or that." has been scored very severely by that chief of .scorer:-. Mrs. Lynn Linton. "She forbids all around," says Mrs. Linton, "things barmless and in their way useful as diversion or pleasant employment as well as things hurtful or hindering. She worries her unfortunate offspring with the endk-s multiplicity of her negations. She ir.-kes laws for every occasion, and her laws are all prohibitive, never including the more inspiixiting power of direction. It is n.H 'Do.' but 'Don't.' It is not 'This is right,' but 'That is wrong,' not the vigorous grace of cultivation of growth, of encouragement, but the stunting regimen of incessant lopping and topping, of priming to the quick and shearing to the skin. Her children, in consequence, grow up into cowards, without energy or will, crushed out of them as both have been by long years of coercion and suppression." After drawing this unpleasant picture of one result of an "oppolti- .nidt" mother Mrs. Linton proceeds to draw an equally unpleasant one of the effect on children of a different temperament. "By the very force of undue opposition," she sayj, "they are made into rebels, to whom every wholesome rule Is abhorrent, and the most necessary denials are acts of tyranny which It Is lawufl to re"Ift. A worse danger perhaps than either this spiritless molmscorisne.sa or this unroi.'onable rebellion la th deception, the hypjorisy whlch engender, for even a strong natured child is weaker than the authorities when there is a real collision of wills, and as human nature has the trick of going to its aim by crooked roads when. i: cannot go by straight ones th? ch.anoe.-i are -that, in default of the straight, those crooked paths will be followed; hence the niga-spirlted child, brought up on the sy.'tem of perpetual denials and everlasting opposition, leams the art of the weak In doubling, concealment, hypocri-y. This is the practical result of the multiplicity of 'TOon'ts on strons deslre-a mated with a timid temperament in the one or with too obstinate a will to be coerced In the second. It la either cowardice or rebellion and almost certain deceit in each case alike." Mrs. Cnrljle. Mrs. Carlyle's nature was of a stubbornness as invincible as her husband's and was as deeply independent and original. It galled her to shine only in Carlyle's light. She was. not the sort of woman to find her life in the life of any man. She craved a separate platform. What Carlyle could do to soften and ease matters he did, but It was all of no avail. She allowed herself to become frantic with Jealousy and absolutely without cau.-e. Her tongue could be as bitter, as undiscriminating, as his. All the bitterness between them might have been avoided by a little tact, a little common sense. But in these qualities each was deficient. Kach felt the least jar upon the nerves as a veritable agony. Mrs. Carlyle knew exactly where the trouble lay. "Alas, dear," she writes, "I am very sorry for you! You as well as I are too vivid. To you as well as me has a skin been given much too thin for the rough purposes of human life." Yet, upon the whole, one may doubt if any braver woman ever lived. Joan of Arc in her glittering armor was no more of a heroine than Mrs. Carlyle in that small dominion In Cheyne row in the endless strifes which servants and mechanics, her resolute sorties on the wolf of poverty that for bo many years growled at tha door, and her desperate ingenuity to make the path easy for her poor "babe of genius." In her worst agonies she turns to her husband always with cries of consolation and says: "I cannot tell how gentle and good Mr. Carlyle ls. He Is busy as ever, but he studies my comfort and peace as he never did before." At the same time he is taking sorrowful note of the fact that she Ls more careful of his comforts than in her busiest days of health. Is there anywhere in literature a mora pathetic; page than this? Can there be any clearer testimony to the reality and depth, of that love which bound these sorely tried souls together? The Rev. W. A. Dawson in Young Woman. "Women n Housekeeper. Women are supposed to be good housekeepers because they are women. It is no more natural for a woman to be a good housekeeper? than it is natural for her to be president of a railroad, and I assure you there is very little difference in the complexity of itho two undertakings. I want to see a great national convention cf housekeepers, the result of which ehall be institutions In. all of our cities where there shall be scientific lectures on the proper combination of foods, on plumbing, drainage and methods of work. This accomplished, we may soon hope t introduce such methods into th? regular course of study in our public schools. My idea, of housework is that It ehculd be performed by experienced persons. I I
would establish, a school where h-ousf-h.1 ev-r.or.iie9 are taucht. Kverything pertaining to good h ase-.vv.-k cvu! I l3 I-arr.t-d th-re o .kirc, ic. I would have, an institute wh-r your.g women of a better grade than our ir-.--.-nt st-rar:"s c u'A go anl Icarn. Th -:a the cralaat'.s c -uU go to the private h'.u.-'-.sj anl p.-rf Tin to. Lr work. They would do l.rt -r work and Ij it quicker. At the -n.'. f the day th y could k home a:, t ip -r.d their t venires with their rc'.ativi. I make a prt-at point of g ir.g h me. The reas n f .r :hi is' that we have r.ot proper accommodations fr rur .".rvanis. Many of the young wonin wh d h 'us -work have probably g 1 and comfortable homes. When they take a position, they are given a small room, which rp-n is ui a parret. I have often thought if that was not the drawback whieh prevented roary young women from becoming servants. A few years ago, when the project f trained nurses was brought our, verybody laughed at it. The i lea of trained nur.-e who visit the sick was nw. Xw they are here to stay, and we wend- r l ow wj manage! to set along without them. Thv are respectl an 1 earn good wag 's. Why, then, could we not have visiting Jmusj help who would command an -iial respect? Mrs. John Vance CK-noy.
The Hnll in the Home. There is n 1 part of a m I -m hou. which a woman d"!lghts mor-i in decorating "than th2 romy halls ar.d stairway.--. The chimney jamb Ls now often molell after thi eld Dutch, Kr.gllsh and colonial jambs, that stand out, lhre-3 feet from thwall, tha fr.iit ridsc-d wi'Ji lis ledges of brick shelves, forrr..-3 by receiing the layers. Whei th?. i are built of l-'mpeiia.i brick. th-re la fine r.pa for th d-vorator, for f he could n -t have a bett -r background in color n ;r a raahe:' setting f:r tlia treasures that be!-jr.g th re. A Wedeewoo.i piteier of th- jasp-r ware is sent over here, a slate b!v. ground covered with cam-M finr- s after Fiaxman's designs, in. k.-s a l -veiy contract set n oiie nd of th mantel, and among other tilings that are particularly artistic there is an antique biv.ss candlestick or an antique sliver one, a ren.iL--sance clock, an old "lovir.g cup," r tankard, and an Ivory mirsiatttre cf eorr.s colonial beauty, though the latter Is rot indeed to be bought ev.-y lny. The brass candle.-: ks in tie form cj dragms, who cm Hug talis form thi handle., are uniqu- and mu h approved. but there :..d:'r cnes of tr. slate blue Wedgew r.l which might perhaps b more Ftrl.-tly corre-t than thi pitcher for mantel dvcorat:..n. In order to make this sort of a hall look like one of Abbey's fa.-eir.atlng interiors you mu-t have the window low and vide, dividing in the middl- l'.k the r.M "casemer.ts" out of whi'h Pott's heroin.-? ke.l for their cavahe.-s. Thupper part ls stained an-1'th lower mada up cf tiny baded panes. The growing palms should be in pots cf old delft, and on the lirs: landing of the stairway a. "grandfathtr's clock." a Chlrpendala carl tab!. against th wall, rcflfeilng a, bow of roses in its glossy surface, arid a carved, high-baekcl channel chair. X. Y. World. Advice to a UcToutante. "The first dinner of a debutante is alv most as much of an orle3l as her firsS' ball and a :nu-h greater te.-t of her capabilities," remarked a woman f the world, wiio had launched several daughters successfully. "Keep on talking," I used always to tell my girls. 'Wen if you t :1k ai ut nothing. Iths belt, r to le thoutht silly than stupid, and Very young g::l-i are bound to be either the one o- th-s other, as a rule, it -s a false mistake tsit spe.vhless at the first few dinu-rs. Hostesses resent a dull looking gues: o.p.1 avoid asking d 'ad weights a second tint J if they can help it. it really does it t matter what you fay. Kecite M h r tloo-je if yu like. !V;p!e rarely lis to you any way, ar.d ycii inuii p:a :i i on somebody. "Gradually the facon d- pari 7 will come to you, and you can cheerful. j l l in the talk of the day without uitiiea'.ty, but a luMl cf sliet.ce once acqulrei anl a reputation for dullness and stilTn.vf-5 1 '".:3 fastened upon a girl an.l s x-iety votes h-r heavy and uninteresting, however j r-: .-, a-vomplLshed ond really well informed may !. All that may be. utilize! later on and will come admirably Into, play c.r.ei sh? h.i3 acquitted th crc of talking but ;n th beginning anything v.'id do. A v.t'l known novelist, has sail that by usag c.iy can you attain the art rf sjciety tali:. Gradually, If you practice the system a sMu us!y. vlu '"ill be ah'e to wallt a J. er-". Your c-x-Ss -ei ou.s pl-.;-c. Q.s will boorn- eracly like these of your ne:g:a:or. You then only need to open your mouth, streteli ithe vocal chore.- r.nJ supply th r.rsary breath, an l a.lmimt.ly o nstnio:p.i inanities will roll out: without eifert." X. ", Tribune. :.t Vegetable Compound Is a positive euro for :U1 tLcso r-'l Ailmentc of Vcmcn. It will entirely euro the worst forms of Femahi Complaint?, all Ovarian troubles, Inflammation and Ulceration, Tailing anl Displacement of tha Womb, and consequent SSpiiial Weakness, and is peculiarly adapt cl to tha Change cf Life. Every time it will curs Backache. ' It lias cured more cases of Lfnerrrheca tl.au any remedy the vrorld has ever known. It is almost infallible in fuch cases. It dissolves find expeli Tumors from tho Uteru3 in an carl etage of development, and checks any ' tendency to cancerous imnaors. TLiC Bearing-down Feeling causing pain, weight, and backache, ij Instantly relieved and Tfrnianently cured by its use. Under all circumstances it acta ;n U xrmony with the laws that govern tho lemalo svsteni, an l Is as liarniless H3 water. It removes , Brregu!arityf f 'ippresscd or I'ainful Menstru-ation, Weakness of the Stomach, Indigestion, liloating, Flooding, Nervous Prostration, Headache, General Debility. Alsa Dizziness, Faintness, Extreme Lassitude, " don't caroan.l "want to 1)0 left alone'' feeling, excitability, irritability, nervousness, sleepleesness. flatulency, mr-lancho-, or tl:3 'blues, ' and backache. Theso ars sure indications of 1'ernal Weakness, some derange naent cf the Uterus, or Womb Troubles. The wholo story, however, is told ia an illustrated boolc ent itled " Guido to Health," by Mrs. rinkhanx It contains over 00 papes of most important information, which every woman, mar ried or single, t-liould know about l:?r6clf. bend ti two cent &tampa for it- i'or Kidney Complaints and Backacho of cither str. tbo Vegetable Compound is uncqualcd. 'Q.: All drutr;r.t K'.l Lydia E. PinVham's ElitT; ' LlVCr PUIS CUre r-hiail, in form of & Constipation. Li puis or Ln.-pn.eTs , . , j Sick Headache. 25c. I '.LV'"?; . . u, I ........... ... . freely an were J. Ton can address in corkiest confidence LIDM . FIMLILIlX 2U. CO,, Ijto, tu.
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