St. Joseph County Independent, Volume 22, Number 35, Walkerton, St. Joseph County, 20 March 1897 — Page 2

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CHAPTER XXIL The next morning' she sent a note to Lawrence. He was punctual to the hour mentioned, and was shown at once, evidently by order, into a little morning room, rather away from the other inhabited portions of the house. There Anne came to him after a few moments’ delay; and he found himself at last in the position which he had long coveted, of being able to say to her exactly what he chose. He told her the story, from his point of ▼iew, of his engagement to Clare. He had yielded to Mrs. Seymour’s expressed desire when Clare was a mere child of sixteen. She was nineteen now and had been engaged to him three years, certainly; but she was young enough to forget him with ease. He did not think she eared for him any more than ho cared for her. Os course, her mother and family would lie affronted by the slight that he wished to put upon her; hut. was he to ruin his whole life and Anne's- because he did not want Io affront Mrs. Seymour? “You forget Claro,” said Anne. “We are older than Clare. Wo have Jess of our lives before us. The ruin of our hopes is a far more serious thing than tt»e downfall of hers.” “I cannot look upon it from that point of view,” she said, gently. Then he touched upon the circumstances under which he had made her acquaintance. He told her how, in giving his cousin’s Christian name instead of his own, he had only meant to elude the gossip about his private affairs which he was vexed to find had followed him even to the Mediterranean. He had almost forgotten that be was known as Darner and not Denzil Lawrence, he said, until Anne's own questions, prompted by Mrs. Burton, hud tempted him to deceive her. Because by that time he had fallen in love, des perately in love, with Anne Carteret; and | although he had made an attempt to keep i his word to Clare, by flying from Alex- j andria to Cairo, he could not; bear to aever the tie between them by telling her ®nce for all that he was engaged to his cousin, and had no right to win her love. He had once been near telling her, but had been interrupted. And then lie found, he said, that Anne was more to him than his Efe. more than his honor and his plighted 1 word; and he had come back to her again. When he loft her, at her own request, to seek out his aunt and cousin at Venice, he had made up bis mind to tell the real state of affairs to Mrs. Seymour, and repudiate his engagement to Clare altogether. His missing them at Venice, and their arrival at Alexandria, with the fortnight’s start which they had of him there while be was ill at Venice, had ruined his plans. “What you meant, then," said Anne, very gently, "was to come back to me and—and ” “And marry you,” he said, gloomily. “And I wish to heaven I had never gone! I wish I had married you first.” “Marry me,” she repeated, with a slight dreamy hesitation, as if she had not heard the concluding sentences —“marry me, without saying a word about Clare? Was it 80?” “I know I have been wrong, Anne,” he said. “You have good reason to despise me; but, oh, my darling, my last hope is in you! For God's sake, Anne, don't give me up. Don’t leave me to myself. I think sometimes I shall go out of my senses if I lose all hope of you. Hqjp me, Anne! You don't know how 1 have suffered. I can bear much for your sake. : but not thia—not this!” And then he bent i his head, and kisses and hot tears fell ■ upon her hands together. When he lifted i his face she saw that the veins upon his ; forehead were swollen, his features dis- j torted by the violence of his emotion, bis i eyes bloodshot and dim. "If you ever i loved me. Anne,” he pleaded, “do not forsake me now!” She uttered a faint cry of pain and grief. “My love! my love!" she said, "heaven only knows how I have loved you!” “How can I believe in heaven." he mur mured, “if you forsake me, Anne?” The words will haunt Anne Cartcnc to her dying day. She wrenched her hands away from him, and lifted them to her ’ head with a gesture of passionate despair, | then rose impulsively and stood at some I little distance. “How can I do anything but leave you? ’ How can I turn traitor for your sake?" j she said. “Clare trusts me. Heaven will help me not to be unfaithful to that I trust!” “You sacrifice me to Clare?” he questioned, bitterly. “Forgive me. Darner,” she said, pitifully. “Don’t leave me in anger. You will tell me some day that I was right.” j He did not seem to see or hear. With ' , a look of blind rage and pain upon his , face, he turned away from her. In an | other moment the door had closed upon him, ami she was left Io wrestle with her agony alone. ( HATTER XXIII. “So Mr. Lawrenee has gone?" said i Eastlake, two or three days later, to .Mi- i Hit Ue. “Yes, 1 suppose so.” “I wonder why Mrs. Seymour did not go. too.” “Don't you know? Sho is very ill. They j say she ought not to be moved for ever i so long. And Anne, who looks like a I ghost herself, has gone to nurse her.” “She is a saint,” said Eastlake devout- j V- . i The color rose to Michelle’s cheek. Eastlake's words recalled to her mind, what indeed was never long absent, the information which Lawrence bail given her concerning Eastlake himself and Anne. The remembrance gave some coldness to the tone of her answer. “Anne likes nursing,” she said, and turned her face to the sea. Eastlake did not see how the muscles of her face were working, and how painfully her fingers were clasped together, or he would not have answered as he did. He looked out I<> the purple sea, no longer gilded by the rays of the setting sun, smiled, and said half playfully, half reproachfully: “I have often told you. little Michc,

that there are many things that you might learn from her." "Os course, I know ” and there Michelle halted in her short, sharp speech. She felt suddenly ashamed. What business had she to know more of Paul’s affairs than he told her? Ay, but there was the rub. Ought he not to have told? her when he asked her to be his wife? And then he realized that this question must be set at rest once and for all, and he applied himself to the business like a wise man. “You have been hearing some ‘ gossip about me, Michelle, have you not?” । “I don’t know whether it is gossip or f not.” Michelle faltered. 1 “You mean you do not know whether it ’ is true or not? Well, dear child, listen to 1 me for a moment. I simply did not tell you what I thought might give you some unnecessary pain. You know —I implied it to you that I had loved some one else before I asked you Io be my wife. That ’some one,’ dear, was Anne Carteret. It was soon over. I am sorry you should have heard anything of it, for I did not think the matter would ever get wind; but since it has done so, it is better that you should know the truth. Is there anything more you wish to ask me?” No, said Michelle. She was hot and' angry still. A word of real tenderness would have brought her to his feet in tears. But in spite of till his kindliness, in spite of the caressing epithets which bo applied to her, she felt conscious that the element of tenderness was the one thing wanting from his speech. Was it possible that he was contrasting her with Anne? Her heart throbbed and swelled at the very thought. “And one thing I must say,” Eastlake continued very gravely. “It would have been better, Michelle, to ask me frankly about it, rather than try to attain your end by innuendoes and a display of ill humor. My dear, I am very sorry to say I this; but you tire still so young so much ;of a child to me in years that I may surely venture to scold you a little now and then.” He often kissed her when ho said good night; often, not always. He did not do so this evening. He felt, oddly enough, as if he should be taking a liberty. A liberty? He had taken liberties with Michelle all her life. But then, this silent, shy, beautiful maiden, with the sweet, sad eyes, was not his little pet and playmate any more. He had been alternately blaming and excusing her because she was such a child; and, 10, it was borne upon him nil at once that she was a child no longer, but a woman grown. What view swts he to take of her conduct and character now? It must be confessed that Eastlake did* not think much of her conduct and character. He know nil about them. He was considering how very sweet Michelle’s eyes were, and what she meant by that beautiful rosy blush. These were subjects of reflection which had the advant age of being new. CHAPTER XXIV. The evening passed quietly in Ramlch It was not till Sunday morning that the Dumnrcsqs became aware of the tumultu oils state of the city on Saturday night. Michelle and her mother were just pre paring to go by train to Alexandria for the morning service when a note was brought to Mr. Dumaresq by one of the clerks, who seemed to be bubbling over with news. After a little talk with him. he came out to his wife and daughter with rather a grave face. “You had better not g > this morning," he said. “\\ e are behindhand with the news, it seems. Arabi resigned yesterday on account of the interference of the European consuls. His favorite regiment is in Alexandria; and the officers of the garrison here telegraphed to the Khedive I last night that if Arabi were not restored ' by noon to-day they would tire on the English ships in the harbor." (This report i turned out to be an exaggeration of the i true state of the case; the officers had tele- j graphed that they would not be response ! Ide for the maintenance of public order.! I "Oh. dear, how frightened the Seymours ' । and Anne must have been!" ejaculated ; , Mrs. 1 >umaresq. "And things are worse at Cairo. The ‘ | Khedive had a meeting of the Ministers i |and chief personages yesterday; and was ! i insulted in his own palace by Totilbek Pasha and others. They said they rejected the Joint Note and all the AngloFrench interference, and would await the decision of the Porte. Then they withdrew, and one of the colonels broke a window with the point of his sword as he went, as an insult to the Khedive.” "I must go into town." said Mr. Du- ' mnresq. "There is a meeting of English residents nt the Consulate, fixed f,,r eleven o'clock. I shall only just have time to . catch the train." They sent a ine-sigp to Anne, asking ' whether she would like to come out to them at Ramlch. but recoiled the reply : that she preferred staying' with Mrs. Soy i I mour. She was not alarmed, mid she I thought Clare felt less timid when she | ; was with her. The Dtimaresqs sat down I ' to dinner next day with gloomy faces. The ! outlook was a dark one for the people I whose interests in the country were as i large as theirs. Rolleston and Harold | burst out with some rash denunciation of I a government which did not sufficiently I protect its subjects, but were hushed by i Mr. Dumaresq. , "I think we had better not talk so be- | fore the servants,” he said, when Hussein mid Mohammed were out of the room. | "They listen eagerly to anything of the j kind that we may say. All the same, if ■ negotiations fail, J shall feel inclined to : leave the country altogether. Egypt will ; not be safe for Englishmen. The Arabs I sneer at us and our ships.” And then he i relapsed into silence as the men came I back. It was hard to think that those gentlemannered, soft-spoken, brown-faced men could by any possibility bo transformed into monsters such as murdered and burned and pillaged in India during the -Mutiny; and yet upon that evening—the 28th [of May, 18S2—the thought of those terrible massacres passed through the minds J of many people resident in Alexandria.

At the Dumaresqa’ the gentlemeA party were evidently more deprep^^? disheartened than the ladies. and maresq was curious and excited] 3k D»bnghtor than she had been for st J® Ichelle but Mr. Dumaresq and Eaatf Jfedays; silent and concerned. RollcstoEwvwere a thoroughly bad temper and ar M j n ed state of mind; Harold wat'S ■ k ev _ and uneasy. They talked in fits a © B |i eßg trying to keep away from the SU°HrL ' permost with al); now and then ’’ to some freshly remembered dettg^ELiJ* news. About half past eight Mr. LeigS^R the "It is intolerable,” said Mr. DAE® Cal! ' re-entering the dining room, whi dies had occupied alone for Horne®i^^^ 8^, ’ utes while all the men, with excuse, had gathered on the stg nin the moonlight outside for a p the news bearer. “The Khedirj ed. Arabi is reinstated.” , A cry of impatience from tb groan of disgust from the Enp ^j^es- a “There was strong pressure-, Sen.’ bear. The people assembled 5 to the palace, and implored thAjJsjßont of reinstate Arabi. If not, tl'^t-Odive to their lives would be sacrifice-u saries of Arabi have been b’ ® 4j n ^"tho bazars, telling the people th'Sßjhould be massacred if he were not plac7 a np»rer. The Elenins headed the people;., Jhanding the reinstatement. It isfi ~ to be only a temporary meat} * aSmtil the arrival of a messenger from .ae.Porte.” "There must be Turkish intervention then?” ’ "Much good it will do,” grum B ’ Rolleston. "And Arabi has sent a t eleg 5 t to the garrison here to keep quiet ant'’ respect European lives and property, bt t to be ready to fire on the fleet if necesi iry.” "Like his impudence!” said H. rold. “Leighton says you ought all tc be prepared to go at an hour’s notice,” mid Mr. Dumaresq, looking nt his wife. “I hope wo shall not have to <b that,” she answered. “I hope not. IVe must get yotipff soon, however," said her husband, 'smiling. “I he ships will be overcrowded^. There is a regular stampede from Gdro. Everyone who cun get away itlcoming up to-night.” "Yes, they’ve turned away Brndreds nt the railway station already,” said Rolleston. “Tile train wouldn’t hold them.” Mrs. Dumaresq went into the drawing room. A little Inter her husband caine in. and hogan to talk to her in a low voice. He thought it would be unwise for her to delay her departure longer than was necessary. There was a vessel starting for Venice on Wednesday or Thursday. It would be better to take passage in this one rather than wait until even the following wook, if matters remained unsettled. Matters did remain unsettled, and the passages were taken on Kiard the stenmer that was to start for Venice on Thursday, the first of June. (To be continued.) NO USE FOR A DEAD TOWN. Not tbc Place It Once Was According to a Former Resident. He walked Into thecarat IMnklfl*® 4 after W © E T HWiw* Xo* -c 85 x • a- r \all — cC r -r - © Xc •J I —— -~j»nontu The apnt . «rt in the lookixl up and said pleasantly: f "Nice looking town you have hrre." “Esed to lie puny fair town, stranger. but she's no good now.” "Why. what is the matter? I see many now buildings, the streets are clean and uell kept and everything looks bright and prosperous." “Well, pardner. to tell ye the truth, the life is all dun gone clean oUten the place. Hit's J«-*t the same as a water million with all the Juhv *tuex outen It."

"Indeed!" "Jiwt that away, pardner, though flfftvii year ago I'tinkmville were one o’ the most stirrinest places iu Georgy. But bad luck struck her when Pomp Allen, who had a bar over thar by the square, got into a row with Tobe Hardin 'at owned the prize race boss of country. Pomp plugged Tube with a Winchester, an' got swung for it. an’ frum thet very day Pimkiuvilie started down hill.” "I wonder!” "Yep; Pomp’s bar wuz closisl up an' the race track wuz sold to a cranky ole teller what had hit plowed up an' put on cotton. Then, to make bad matters wuss. the rovenue officers got so bad all the peddlers quit coinin’ about our town, an' bizness fell otl to nuthin'. Everybody jest seemed to lose spirit, somehow, an’ you couldn’t git up a crowd fer a rooster tight ner a foot race, an' the only poo] room in town had to close up fer want of paternage. . Then they commenced a-changin’ things around, puttin’ up street lights, of the sidewalks an’ buildin' v fail churches, an' one of these ere n xilishglod colleges an’ a whole lot o' e o ther / Mr the " oinklaiii its intuiey br^’n to seo i ville wuz no place fer us any ni<^- 1 sorter thought a while that i M-ld i y the depression would lei up in' the- good t jh.-s, c.-me back, bin th- thing hez bin a goin’ <>n five year now. an’ when I seed urn pull down Pomp's old place an' cummem e to build a dry goods store a month ago. I kuowed the thing wuz gone up. You may walk all over the place now .and you can't find a house ner nuthin' left standin’ to remind you of the old times, an’, pardner, I jest could not stan’ hit no longer. I bad to move out fer some place whar the dull times ain't struck an’ whar a feller don’t feel so Warned lonesome,” and he looked sorrowfully back at the tall spires and while houses of Punkinville fading in the distance.—-Atlanta- Constitution. To Keep the Antiquities. The authorities in Cairo have decided to begin the building of a now fireproof museum for Egyptian antiquities at once, and have ordered the architect to leave France for Egypt, immediately If we are unsympathetic and selfish, we exclude ourselves from many of the greatest and purest joys of lif e> '

explains his bill. CHAIRMAN DINGLEY ON HIS NEW TARIFF MEASURE. Kxpects It to Yield $1 12,000,000 More Revenue—Reciprocity Is Prominent — Fire in St. Louis Causes a Loss of Nearly $1,000,000. Lingley Tariff - Bill. Chairman Dingley, of the Ways and Means Committee, in response to a request that he furnish a synopsis of the new tariff bill presented by him makes ! the following statement : has two P” r Poses—namely, to th l- a i ' ' rev< ‘Uue and to encourage the industries of the United States. On the basis of the importations for the last fiscal year the bill would increase the revenues about $112,000,000, divided among the several schedules roughly as follows: A, chemicals, $3,500,000; B, i rockery and glassware, $1,000,000; C, metals, $4,000OOO; D, wood, SL7SO.O<M); E, sugar. s2l’7.10,000; F, tobacco, S7,O(MUK»O; G, agriCU.tural products, $11,300,000; H Honors sl.Boo,Oixi: I. eotK.ns, $1,700.0^1; J j,oZ’ linen and hemp, $7,Soo,ooo; K, wool, $47,1 500,000; manufactures of wool, ' s27*OOO,(XX); L, silks, $1,500,000; M, pulp ami I>ai .r?’. ^uhdries, $6,200,000. Ihis estimate is on the supposition that the imports of each class of goods would be the same the next fiscal year as in the fiscal year ended last June.' The committee assumes that the excessive importation of wool would be largely reduced by the proposed bill, although the fact that our domestic production of wool has diininishwl pounds since 1893 will necessitate the importation of much more wool now than in the latter year. As «uming that the importations of wool will fall off at least one-third from those of 1896 on account of anticipatory imports

V—- MW a; | ,a : i i/i 14 ।»‘ । ' (HAIRMAX DINGLEY, FATHER <>F THE NEW TARIFF BILL.

to avoid duties. We place the increased revenue from this source at sll jhio.ihmi.

Anticipating nlao that the imports of Woolens will fall off nearly 50 per cent, from the enormous imports of IS!MJ, we estimate the increased revenue so m this source under the proposed rates as about jl4(mM),<MM>. From sugar we estimate s2»»,imh>,ihmi additional rev.nue. Anticipating a considerable falling off of imports of Havana tobacco br.-atise of the revolution in t’uba, we red m e the estimates of additional rev. -me to be derived from the tobacco schedule to $ I. 1 ’ m* M •«*». The remaining sehedub s would ifford a revenue of about s.'>9.s<mi,*mm> on the basis of the imports of Is'.h;, but as there would probably be diminished imports at som« points, although the gradual restoration <>f business activity would offset this by increasing the ei.nsnmption of imported luxuries, m. retim e the estimates on th.se to S.’! 1J m h 1,1 hh i. These w ould aggregate an additional revenue of .he first year. A further reduction of >..jmio,- < h ai nr sfoj h >o (mhi for coni i :ig< mi< s would leave .s“<i.i »Wl.'aMI r<. s7S.(MHi.<MMi «s the probable inel'.nsed revenue from this bill the first year, which wmld midoubtedh r se to .sloo.oo* U•• MI the o;;d year. ••These esriiiinl.-s are below, rather than j above. the -doable result. unless a eon- . si.ierable d.Cy in th.- emi.-tm. nt of th.- I bill should greatly enlarge .no opportupi- j ty for imports of articles on which duties are to be raised—particularly wool and j woolens —for speculative purposes. In- , doubtedly tiny delay beyond May 1 in placing the bill on the statute book would : result in a large loss of revenue. “This increase of revenue is secured by < transferring wool, lumber, crude opium, argols, paintings and statuary, straw ornaments. straw mattr< ss“s. burlaps ami various other articles from tin* Itc* list of the present law to the dutiable list: by increasing the duty on woolens to compensate the manufacturer for the duty ; placed on wool; by raising tin- duty on sugar about three-fourths of a cent a pound in order to encourage the production of sugar in this country, which, it is believed, can be done, and thus give our farmers a new crop, which we now import mainly from abroad: by increasing the duty on agricultural products aF-ct ed bv Canadian competition, and on th.cotton goods, some advanced manulac- t turns of iron and steel, ma nut act ares < I , jute, flax and hemp, in order to enconr- | age these and other industries here, am! especially by increasing duties on such luxuries as liquors, tobacco, silks ai d laces. ‘•As a rule the rates of duties proposed ‘ ■are between the rates of the tariff of 1,890 , and the tariff of 1894, such reduction of j rates from the former law and preserva- ' tion of the protective principle being . made feasible by changed conditions. “The iron and steel schedule is .-hanged ( very little from the schedule of the tartfl of 1894, the change being entirely in the j

more advanced articles. The same is true of the cotton schedule. “In the agricultural, wood and glass and earthenware schedules alone are the duties of the act-of 1890 fully restored as a , rule, and in a few cases increased, with the view of amply protecting and encouraging our farming interests by every possible point. While the duty on clothing wool is larger in proportion to the 1 oretgn value than on manufactured artiirles yet it is thought desirable for the public interest apd for our agriculture that we p lould produce this prime necessity for ourselves. The duty on carpet wools, as well as upon many other articles, is imposed mainly for revenue. The irritation caused by the use of a fexx’ wools, t I heretofore classed as carpet xvools, for clothing purposes, has been remedied by ] transferring such wools to the clothing- , wool classes, but the duty on clothing , wool has been restored to the rate of the i act of 1890. “In framing this new tariff the aim has i been to make the duties specific, or at least partly specific, so far as possible, to protect the reienue and also to protect our own interests. The reciprocity provisions of the act of 1890 have not only been fully restored, but this policy has been extended by adding to sugar, tea, coffee and hides, as articles on which to make reciprocal agreements, such articles as ehampngne, brnndy, wines, artificial and natural mineral waters, argols and silk laces. In adding these articles the reciprocity provision is strengthened greatly by providing for a reduction of duiies to countries giving us similar concessions.” FIRE VISITS ST. LOUIS. Ely-Wafker Dry Goods Co. Burned Ont—Loes $1,500,000. !• ire Monday gutted the mammoth seven-story granite building nt the southwest corner of Bth street and Washington avenue. St. Louis. Mo., occupied by the IJy-M alker Dry Goods Company. The loss will be close to $1.5<M1,000. ()‘ ne hit-

< man life was sacrificed ami several people I were hurt. The tire was one of the worst the St. ! Ismis department has had to cope with । for n long time, ami for a while it looked as though the Washington avenue wholesale business district would Ih« wijnsl out. । The building burned was known as the LiotdaTger Building. It fronted on Washington Avenue, running north along Sth J street to Sr. diaries, and extended west jon Washington avenue to the middle of । the block. Tin* firm’s enormous stock of goods was recently increased by immense i purchases from the East, and consequently every inch of available floor space was । occupied by great piles of dry goods of | every description for the spring trade. I’he insurance on the stock is about sl.(MXHMM). The building was insured for s2oO.<mm>, ft was owned by the John R. Lionberger estate ami was built aKuit e ght years ago at a cost of ssiK),OfH>. Before the blaze was mastered one fireman. George Gaultwald. was killed by a falling wall at the Bth street end of the 1 i/lding. and <lniing the fire several other br.-men u. re m >re or less seriously in-

HUGE REVENUES. I The Cnstom.H Keconl at Xcw York la Broken. } A record which has stood for twenty- ; five years was broken at the New York । custom house Monday. The payment <>f duties for goods imported and on account ; of merchandise withdrawn from bond wao i the largest for any single day since the ' office was established. Until Monday the high water mark for customs duties was Aug. 1. 1872, when i rhe total receipts were $2,308,000. The ! receipts Monday ran nearly $360,000 above that mark. The total receipts were $2,667,979.51. of which $2,178,515.36 was on account of withdrawn entries. Though similar from the fact that both were record days. Aug. 1. 1872. and March 15, ISO7. are vastly different in other resp> < ts. Fears of higher duties to be imposed by the Congress called in extpi session led to the present withdrawals ami heavy payments. Twenty-five years ago the war tariff was reduced 10 per • nt., and goods accumulated in bond to : take advantage of the lower rates were ; withdrawn. The present movement started with the negotiation of heavy lines by the importers of linens, tobacco, wool, woolen dress goods and men’s wear goods and other merchandise that might be affected by the new tariff. The sugar trust, which has tin abundance of money “on call.” asked for payment—or “called its loans” for the same purpose. The borrowing by general merchants and the calling by the trust had the effect of stiffening rates for time and call money and commercial paper. The 48ino paged volume is 3% by

M’KINLEY ON TARIFF. HE TERSELY TELLS THE NATION’S TROUBLES. Bay« More Revenue Is the Paramount Necessity— Imposts at Seaports the Favored Way of Ruising It-Urges Congress to Act. His First Message. The message sent to Congress by President McKinley Monday was as follows: To the Congress of the United States: Regretting the necessity which has required me to call you together, I feel that your assembling in extraordinary session is indispensable because of the condition in which we find the revenues of the Government. It is conceded that its current expenditures are greater than its receipts, and that such a condition has existed for now more than three years. AV ith unlimited means at our command we are presenting the remarkable spectacle of increasing our public debt by borrowing mo^ey to meet the ordinary outlays incident upon even an economical and prudent administration of the Governrnent. An examination, of the subject discloses Ibis f ac t in every detail and leads inevitably to the conclusion that the condition of the revenue which allows it is unjustifiable and should Ite corrected. We find by the report of the Secretary of the Treasury that the revenues for the fiscal year ending June 30, 1892, from all sources were $425,868,260.22, and the expenditures for all purposes were $415,953,806J56, leaving an excess of receipts over expenditures of $9,914,453.66. During that fiscal year $40,570,467,98 waspaid upon the public debt, which has been re-du<-ed since Mar. h 1, 1889, $259,076,890, and the annual interest charge decreased $114184,576.60. The receipts of the Government f rom all sources during the fiscal year ending June 30, 1893, amounted to $461,1 16,5>61.94, and its expenditures to $459,374,887.65. showing an excess of receipts over expenditures of $24»41,674.29. Since that time the receipts of no fiscal year, and, with but few exceptions, of no month of any fiscal year, have exceeded the expenditures. The receipts of the Government from all sources during the fiscal year ending June 30, 1894, were $37.2,892,498.29. and its expenditures $442,605,758.87, leaving a deficit, the first since the resumption of specie payments, of $69,803,260.58. Notwithstanding there was a decrease of sl6, < 69,128.78 in the ordinary expenses of the Government as compared with the previous fiscal year, its income was still not sufficient to provide for its daily necessities, and the gold reserve in the treasury for the redemption of greenbacks was drawn upon, to meet them. But this did not suffice, and the Government then resorted to loans to replenish the reserve. In February. 1894. $50,000,000 in bonds was issued, and in November following a second issue of $50,000,000 was deemed necessary. The sum of $117,171,795 was realized by the sale of these bonds, but the reserve was steadily decreased until on Feb. 8. 1895. a third sale of $62,315,400 in bonds for $65,116,244 was announced to Congress. The receipts of the Government for the fiscal year ending June 30, 1895, were $3! M >,373.203.30. and tlie expenditures $433,178,426.48. showing a deficit of $42,8ij5.223.18. A further loan of $100,000,000 was negotiated by the Government in February. 1596, the sale netting slll,166,246. and swelling the aggregate of bonds issued within three years to $262,315.400. for the fiscal year ending June 30. 1896, the revenues of the Government from all sources amounted to $409,475.408.75. while its expenditures were $434,678,654.48. or an excess of expenditures over receipts of $25,203,245.70. In other words, the total receipts for the three fiscal years ending June 30, 1896, were insufficient by $137,811,729.46 to meet the total expenditures. Nor has this condition since improved. For the first half of the present fiscal year the receipts of the Government, exclusive of postal revenues, were $157,507,603.76, and its expenditures, exclusive of postal service. $195,410,000.22, or an excess of expenditures over receipts of $37,902,396.46. In January of this year the receipts, exclusive of postal revenues, were $24,316,994.05, and the expenditures. exclusive of postal service, $30,269.381i.29. a deficit of $5,952,395.24 for the month. In February of this year the receipts exclusive of postal revenues were $24,400,997 38 ami expenditures, exclu-/ sive of postal service. $28,796,056.68, a deficit of $4.395.059.2.8; or a total deficit of $186,061,580.44 for the three years and eight months ending March 1. 1897. Not only are we without a surplus in the treasury but with an increase in the public debt. There has been a corresponding increase in the annual interest charge from $22,893,883.30 in 1892, the lowest of any year since 1862, to $34,387,297.60 in 1596. or an increase of $11,493,414.40. It may be urged that even if the revenncs of the Government had been sufficient to meet ail its ordinary expenses during tlie Inst three years the gold reserve would stili htive been insufficient to meet the demands upon it. and that bonds

would necessarily have been issued for its repletion. Be this as it may. it is clearly manifest, without denying or affirming the correctness of such a conclusion, that the debt would have been decreased in at least the amount of the deficiency, and business confidence immeasurably strengthened throughout the country. Congress should promptly correct the existing condition. Ample revenues must be supplied not only for the ordinary expenses of the Government but for the prompt payment of liberal pensions and the liquidation of the principal and interest of the public debt. In raising revenue duties should be so levied upon foreign products as to preserve the home market so far as possible to our own producers, to revive and increase manufactures, to relieve and encourage agriculture, to increase our domestic and foreign commerce, to aid and develop mining and building, and to render to labor in every field of useful occupation the liberal wages and adequate rewards to which skill and industry are justly entitled. The necessity of the passage of a tariff law which shall provide ample revenue need not be further urged. The imperative demand of the hour is the prompt enactment of such a measure, and to this object I earnestly recommend that Congress shall make every endeavor. Before other business is transacted let us first provide sufficient revenue to faithfully administer the government without the contracting of further debt or the continued disturbance of our finances. WILLIA M M ’KI N LEY.