Show TARIFF legislation the present law commended commanded wants the greenbacks Green backs retired I 1 desire to lo nur to the I 1 elsom lavire re inide acin ei ning the olits ic i tali and anid the iho pur purposed vt lit ai santa aai touching our or present arci tariff law and its lt tills ill li statute toik on the silt day lot ic august 1491 31 whatever anity lie its ita its as a complita compla com tn anions lire re ot of tariff reform it must lie be fun coin eded that hint it inn has opened the wily to to A 0 freer fiver ant ami ricmor exchange tit C comilla ditlea ua its unit ami other anki anil thus luin a wider alil r maikut for flit our pru products ducts awl manufacturing tito only entire conr luring tills llila law lias has been in ili force e aided I 1 to nil tile the day of p june we aug in ill that ihal year our imports increased over of tile pronoun pro loun year more than while tile tho value ot of the iho domestic domi products product a y we c exported and which found markets abroad was nearly moro more than during the preceding year yar LAW UPHELD those who insist that the hie post ohl to our of articles commar to 0 o thein frown abroad for their needful use liao should only he be increased through tariff chat gen to an air extent necessary to nick antl flit lie ex cx petition of ar ilia as aa well an a chopo who claim that eliat tariff ehre may lie in laid upon arti cloo beyond tho the of ro and ll 11 with tire the additional purpose tit of so 0 o ill ln crelling their lit in our markets UH as iq rive give still anil letter and innia opportunities fiust agree thill that our gailit laws at urn a only idinia ilin arlly lIly it as ail of relic nuo to lo enable the ivoin in e 11 t to mott tit politics ot of it ill its to its III lit in tills lida tho present liw law run coin loy liy it ii nicano nning fall nil am dor d oo 00 r just julit condemnation ilia only complete ciscal year of 11 ala octia tion it II lias has yielded nodily ideally revenue than wm was leep ivel from froin tariff dullas lit in tile tho preceding eding year arar them 9 1 a I defilio between our ono und arid v it it a little inora lot C hall 25 oo liota chho lin linweber wever wax was not unexpected tito tho situation willi such euch in bec ent her seven inantha before tho the close clohe of the abal fiscal year that the iho Setre secretary tary of if the treasury foretold a deficiency of 0 tile nihat arid and apprel it it alon ind timidity in n bUHl chloes ani and the depression la in nu it activities in tor since that hat time him resulting from e a t i q s pe perfectly r f c t y well weli understood anil and pi entirely i t t i c ly d disconnected i s e 0 n ec tell with our tariff law or its ol operation oration checked tho the imports we me would have otherwise recoiled tend and account tor for the difference between this ciolli nate of the Se rotary tAry and tho the actual deficiency as a well as for a continued dolicia do licit indeed lint I 1 if armint it t bv be that we could adly have had a nc un bavol able period than flit last two years for the collection of a mort ICV bevenue enIC wo cannot hpe hat flat our tion llon florn this thin busl neim depression will lie sudden but it has ali curdY set hot in w with ith a or nf acceleration find and continuance ainu ti nuance nee I 1 bellove believe our resent tariff law baw it if allowed a fair alp fi will in ili tho the near future yield a re revenue verine which with reasonably economical ex will overcome all delle ICA NEVER till DEFICIT in ili tho the meantime itne no deficit that hag ha occurred or tr inay exour need excite or disturb us ua to meet tiny such huch dolli firl lt ncy we have in the treasury in addition to it gold reserve one hundred nill ilni a surplus of moro more than in hundred ond and tinny eight minions or of doll to tile the payment it if flit alir expenses of hie government AM which must unless d for that purpose I 1 qa calil a 11 ua macly cly lioard or fit if r not lot exir ealin gantly wasted lit in any bovat be pr lot 1 I averted train from the pul page oc lot its exa elation tion from our people tile the payment pu of tiny any in ili the revenue from this thin fund Is nothing gioie than ihan its proper arid anil diate tibe th government thus III ap lying it 11 nundus idus cottu lately lei in its ita it tie imury to tile tit nt of 0 C not lint net met by iti current revenues la Is not at all to be likened to LL in man lull living nond hla hii income find and title lima ai curri cilz debt 1 or I encroaching on it il a I 1 or Inci till MONEY RESERVE it Is not one of the functions tune tlona of our one government to accumulate cumulate oe anil and make additions lona to a fund not needed for immediate expenditure with willi individuals it Is 14 tile tho thief object of struggle and effort the application ot or an accumulated fund by the govern government ment to the payment of iti running exar expenses area lit li a duty an ali individual living beyond big income and embarrassing himself with debt or dra V ing upon his accumulated fund of 0 P i is 1 either unfortunate or till improvident 1 I 1 ovidene ov ident the dantine lon foil Is between lie tween a government charged with willi filho the duty of expend iniz for or the lit no of the still and for proper purposes all the flit money it receives from any maurce and the individual efin lei IH expected to manifest a natural desire to avoid debt or cor to lo accumulate to as much 3 vo h as ag anti and to live within the income derived from froin buth auh accumulations to tile the end that they may be increased or of at least lea it re remain etrain unimpaired for the future use aae and enjoyment ot of himself and the I 1 he object of 0 hla his loe anc and affection who mho relay may bur burtine tive him jt it if 14 quimbly better to lo appropriate our to the payment of 0 juu tillable expenses than to allow it to become an to appropriations and extravagant ex expenditures I 1 it 11 wilt will riot not be denied that under the present law our aco people pie obtain tain the necessaries of a comfortable existence at it a cheaper ri rate tic than formerly this Is a matter of supreme importance since it is tile the palpable duty of every just government to make the burdens ol 01 a taxation as light its as possible tho the trople should riot not be required to relinquish this privilege ot at cheap living except under the stress ot of their governments needs feces sailly made manifest WEAK WEAKNESS AND VICKS tills this reference reec bence to the condition still and prospects of our revenues naturally suggests an allusion allu alon to ilia 4 anil and vice our financial methods they have been frequently P baad upon tit th attention of congress in previous com communications mu anicat ions arid and the file of their continued toleration pointed out cout without now noir repeat lax these details I 1 cannot refrain from again earnestly pie benting tho the necessity ot of rhe cho prompt reform ot of a system 0 opposed r P 0 6 e 1 to every rulo rule of sound finance i and L n d b shown h own by experience to bo be fraught willi the ilia gravest pel 11 an anil perplexity tho to civil nar mar shook tho the foundations of our government more than thirty years ago brought in its train the destruction of property the w a s lintz ni of our count rys substance anil and M tho e estian estrangement gement of 0 brethren those theno are now low past and forgotten even the loss tit of life the conflict entailed Is but a snored sacred itt memory emory which footers patriotic patr lollo sentiment and keeps alive alavo a tender regard for those who nobly nobl died AGAINST THIS THE and yet yd there remains mith us today lie in full strength MS an incident of 1 that hat tremendous rt ruggle a f feature CA lure of 1 Us I 1 I 1 I 1 nari necess itlen not only un bulted to our plesent c circumstances arc lims lances but manifestly A ing n lerace to locial bu alnesa mess security and nn an ever present agent of monetary distress because wo ave may bp be enjoying a tern tem relief from its depressing ire in fluence this thin khouli not lull UH ills into a false curlay ki nor lead us to f forget tile the or of past I 1 urn lint convinced than ever that i we a ma can have no assured lintin otal peace mid and safety until tha government currency currelly upon tipon gold may ili bo demanded front from the treasury aie front from circulation unit call bled 9 ahls might lie ho ito flonc A aa 4 has bon been heretofore I 1 1 I toy ly their exchange for long ivym bonds be apai all ing tk a low nw lato late of it or by their redemption demp tion ion with vilh the proceeds pro broic eeds of such bonds bonda livell it 11 only the united states 11 tea 1110 known w il As an were thus retired I 1 ll 11 L us is probable that tire tl nolea issued in payment of 0 milver put pur chilsen alib ars under the lh left act of july 14 imi now paid in gold frold when deman aou would lit not create such kuch as aa they alln y firlit from time to time till C when h n received in tile the treasury I 1 hy A e redemption ii 0 I 1 jan lit in gold eld or at be gradually and prudently rop aeed hy by allver coin FAVORS ROND BONDS 1 ihli plan tit lit aulne Is bund bonds tor for the pit purpose pose or if api up r beam to be the tive and tit dt arft cc t rath to tile needed af in of 0 tills ihla houe vur it would lie ie a step in the right it cut roncy obligations in X riold id ailen c elwer er ho hit redefined redee relo ined ollied should lie le canca tancil led ed I 1 of fl being thin opera 1011 would lie it IL slow poni remedy ody but it 11 would improve Imp lovo ont conditions tlona NATIONAL nank BANIC national Nal lonal banka should their ILIA naci ci ahey 1 I hey should be allowed to issue to the par liar alue of dt boods boldn 0 aa 09 9 security for its redemption demp tion ion and the tax on their cla cula lion should bo be reduced to one fourth of n 1 per cent contraction NOY NOT in ili considering projects for the iv retire tire I 1 of united staten notes ant and trea free flury loary noles invites tile the law of 1800 I 1 I 1 ant aiu of tile the that wo have placed too loo atress lilan thu the danger of at coil trapping trap ting tho the lUli ency arid and have lave calculated too little uton too 11 iho to 4 bold 0 1 1 that wall would ill bo be added to lii our lie circulation efin if inn itea itce to us by bettor better arid and ino thoda it lit IH riot not hn an mitch a 1 I contrad lion of our currency that should lilt avo avoided aided as ail such unequal diatel aution 13 BANNS BANKS this might lio be oli oW atel and any fear crar of 0 harmful conti avilon lit at the same lim limi I by allowing thi the organ orean of und anti lit in less lefis populous boiani unit ler tha than n uie tile now I 1 ool in I 1 t tell still and to enta bligh li ranch lie li small communities under proper MUST lull tito the entire case came nay apay be presented hy by the statement alvil file dirt tiny illy of neu sible nikki and sound bound financial method will not dawn tirrill our nur it 1 it A dons the llie bub liless and tho the accumulation of full furllow low and Conf confine lines fill MORIC monetary ULry to the iho receipt of at tile the money hy by the people for flit its ll 11 support BUp sul port mort and ani to the 1 to of f such money for the peoples hema 1 1 at our business interests require this anti and I 1 all good bood citizens long lone for or re rest from I 1 as a 11 1 feverish agitation and the ILL 1 1 t 1 liy by the of a isdor led finan elal policy llila Ii vill enter pose pi csc and make mak cart airl tho re rewards wardi ot of j labor and industry |