Rensselaer Republican, Volume 24, Number 8, Rensselaer, Jasper County, 22 October 1891 — Mr. Cleveland Floored [ARTICLE]

Mr. Cleveland Floored

We see the money of the people unnecessarily extorted from the them under the guise of taxation. We saw that this was the result of a scheme perpetuated for the purpose of exacting tribute from the poor for benefit of the rich.--Grover Cleveland’s speech at Cooper Institute Last Night. The actual results of the new Republican Tariff bill (in the first seven months of this year) was a reduct ion in tariff revenue of about $70,000,000. In that period our imports coming in absolutely free of all duty or taxes have increased from $161,326,989 in 1890 to $250,843,776 in 1891 a net gain in imports in seven months of $89,016,777. The Mills Tariff bill (indorsed by President Cleveland) taxed the peoj lie about $60,000,000 a year on sugar alone. Sugar trust stock then sold at slls to $125 a share. Now it sells at SBS to $96. Every dollar of that $60,000,000 in taxes the Republican oill leaves in the pockets of the people. Mr. Cleveland! In your effort to drag “irrelevant and frivolous” national issues into this purely local fight against Tammany izing the State of New York you made statements you cannot back up. You are floored by our sinking Custom House receipts and increasing free imports.— New York Press.