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Show , WILSON EXPLAINING. 'J , President Wilson lias now arrived at 1 the point tvherc ho finds it necessary L to offer explanations for the business depression. He cannot altogether dispel dis-pel the hard times by the tvave of a magic wand and, therefore, he deems it expedient to admit the existence of j depression and to .blame it on the other fellow. If the business men would ouly think times were improving improv-ing they would improve, ho avers. The president wants the business man to take hypodermic injections of hope and to indulge in pipe dreams of prosperity. Of course the president does not admit for an instant that Democratic principles are to blame. That would be admitting the obvious, and a scholar dislikes to fall into such a habit. He prefers to argue the sun out of heaven and to prove that the law of gravitation is a myth. ' There are indications, however, that the president has come to distrust the sophistries the Democratic party has j exploited for many years. It is re- ported that the president may retrace ' his steps with regard to the tariff and seek to meet the ever-growing deficit by retaining a duty on sugar. The old tariff duty w-hich permitted the ! ' cane and beet sugar industries to 1 thrive ran from $1.65 to $1.93 a hun dred pounds. From this duty the government gov-ernment derived an annual revenue of y "' about $50,000,000. President Wilson 'j-' ' secured a law which provides for a ! ' i . gradual reduction in duties of 25 per ccut a year and free sugar in 1010. The duty collected this year is 1 cent a pound, and it is suggested among the Democrats that this duty be main-; main-; tained. ; .i Although the income tax is expected to supply about $75,000,000 for this year, and although this is $15,000,000 more than was looked for when the ,' income tax law was passed, the reve- ' ' rue will not be a drop in the bucket Y as compared with the deficit. At the I present time the government is run ning behind $50U,0U0 a day, and there " seems t te no prospect of improving the treasury's condition unless Demo-!' Demo-!' cratic tariff fallacies are abandoned and at least a partial return is made to the wise provisions uf the .Republican .Republi-can tariff. The Democrats entered upon their legislative programme with the enthusiastic enthu-siastic ignorance of amateurs. They believed that they could increase the revenues by radically cutting the tariff and that they would be able to give the Republicans a most edifying example exam-ple of ecouomy. Instead, their tariff has failed to produce adequate revenue, reve-nue, their income tax law cannot supply sup-ply the deficiency, and the Democrats ha- e appropriated for the year more than $1,060,000,000, the largest appropriation appro-priation in tho history of the country. The Democrats are not in a boastful ,: mood. The' have had a chastening experieuce and have begun to feel the symptoms of doubt which produce timidity of a pathetic character in j those who have been nourished on self-! self-! confident egotism. |