Rensselaer Republican, Volume 28, Number 4, Rensselaer, Jasper County, 26 September 1895 — Its Just Debts Ignored. [ARTICLE]

Its Just Debts Ignored.

The shifting expedients of the treasury department to preserve from month to month the fiction of solvency are something heretofore unknown in our governmental financiering. It may be that by the aid of a Republican Congress this sort of progressive fraud can be kept up without ultimate disaster,

but it is a dangerous experiment. It can only be done by securing a better income before the bottom falls out. The hope is held out that with the Increased purchasing powers of the people the Income of the government from its various sources of revenue will soon put the treasury on a self-sustaining basis, but new devices must be employed at every turn to preserve appearances until the volume of receipts shall meet the demands of the situation. The statutes are strained in. every direction to accomplish the end, but there must be a culmination of the strain, and the prospects are that it will come before the conspirators are ready for it. If they can keep up the deception until after the fall elections their object will be accomplished. If the overdue indebtedness of the government had been paid at maturity the balance sheet for July would have shown a shortage that would have spread consternation through the ranks of the faithful. There is no doubt of this whatever. There is the amount of twenty millions due to Importers for ed by Congress at its last session; these are items of account which do not belong in the column of assets, and it is a fra ltd upon the people to keep them there. And there are an infinite number of claims of contractors which have been approved but which remain unpaid because Mr. Carlisle commands that the money shall be the treasury. Where the law cannot be construed to serve the purpose it is done by might. But a settlement has got to come, and when it does come there will be a necessity for some extraordinary apologies on the part of the treasury officials, for the people will demand to know why they have been trifled with in that manner.

Protection in Kurland. Manufacturers of matches In the United Kingdom appeal to their customers to buy only English matches, by placing a little printed slip inside th» cover of the box, asking the people td “patronize home industry, use English 'Brttish 'ia-brir/' Large signs bearing the same views can now be seen throughout the country districts of England. This is exactly what the Republican party urges—namely, that the American people should patronize American home industries, use American made goods, and employ American labor. The English and American manufacturers thus have precisely the same Ideas. Following the plan of the English match manufacturers, we find in another line of goods the following announcement on the outside of a cover of a package of British goods: ***•*•»*«•• * IMPORTANT. * * Why Support the Manufactures of * * Other Countries' When You * * Can Obtain as good an * * Article • * MADE BY HOME INDUSTRY? *

*********** This is the appeal made by a London and Nottingham cigarette manufacturing concern which finds that Its offer to give a “tube to each cigarette, matches and photo in each package” is not sufficient to secure all the trade it desires. Possibly the English dudes prefer American made cigarettes and do not find that they “can obtain as good an article made by home Industry'” In England. The belief in a policy of protection, how’ever, is taking very generally throughout the United Kingdom. Grover to Tax the Growler. Mr. Cleveland lias considered several means for augmenting the financial returns, among which is the beer tax. The natural way for the recovery of the receipts is a tariff that will "produce sufficient sums to replenish the treasury. That tariff cannot be too soon re-estabHsbed. The treasury is paying the price of the loss of protection. Protection to American industries is, from experience, likewise protection to the nation’s finances. A reasonable tariff hr the only solution of the disastrous problem brought on by the obstinate enforcement of Mr. Cleveland's theories. Protection is an issue that cannot be dodged. Its suspension has demonstrated Its necessity to the government as well as to enterprises anil to the people.—Daily Saratogian, Saratoga, N. Y.

Importer* Get Together. We are told that within the past Tew weeks there has been formed In New York an organization composed wholly of importers, one of the main objects of which is the establishment of values abroad of textiles for Importation to this country, and that ten meetings have already been held. The existence such an organization may render it more difficult than over to arrive at actual market values of merchandise at the time of export, which is the important thing to ascertain In passing the goods at the custom house.—American Wool and Cotton Reporter.