Rensselaer Republican, Volume 23, Number 7, Rensselaer, Jasper County, 16 October 1890 — A COMMON DEMOCRATIC LIE. [ARTICLE]
A COMMON DEMOCRATIC LIE.
Toledo BladeSenator Test, of Missouri, is repeating. in every speech he makes in the West, the charge tkat the Republicans “have created a deficit in the Treasury,” wherein there was “a surplus of $100,000,000 when Cleveland went out of office.” There is no deficit; the debt statement of October 1 shows a surplus of over $69,000,000, and during Harrison’s administration the Treasury has bought and canceled $205,714,410 in bonds, that is, it has paid that much of the debt, and stopped the interest thereon. If the Republicans turn out and vote ; in November, the victory will be theirs. The McKinley bill Is tho declaration of -our industrial Independence. Great Britain likes it as little as she did our declaration of political independence. But we are not legislating for Great Britain.—Mail aad Express.
