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Customs Receipts, First 33 Months Of

Customs Receipts, First 33 Months Of image
Parent Issue
Day
1
Month
July
Year
1897
Copyright
Public Domain
OCR Text

■ Wilson law, 1445,905,198; first ;!.'! months of McKtqley law, $533,767,447; loss in customs revenue under Wilson luw, 87,862,349. Xo comraent is needed. Thk workera in the ootton milis oí New Knglund are already able to note the contrast between a Republican and a Democratie administratlon in thofact that the usual summer suspension of work, whicfc has prevailed each year under the Wilson law, is to be omitted nis season and the milis run on full time during the summer. Tuk trade reviews and the daiiy papers of the country unite in the assertion that business is brightening in all parts of the United States. More men are employed, the volume of new orders is inoreasing, and the amount of work done is steadily gaining. With the final action on the tariff bill, which may be expected during the present month, an increased improvement is coniidcntly expected. EVERY side of the Cuban question is being considered by President McKinley now, and a courso of action is likely to be indicated in the near future. The importuncc and gravity of the issiiüs involved and possiblc ceneequences of a raistake are so great that the Presiden and lus advisers are moving with the utmost caution, as any judicious citizen would do if guch grave responsibilities wore placed upoa his individual shoulders. Senators Jones, Vest and Mills didn't know it was loaded. They began shouting about a small advance of about 0 per cent. in the value of sugartrust stocks simultaneously with a set. tleiuent of the sugar schedule by the final action upon it in the Senate caucus, hut had evidently forgotten that when the tariff bill was in tlieir own charge in 1891, stocks of this same sugar trust ad vaneed 55 per cent. in value during their manipulation of the bill. The free-silver Demócrata wlio rejoiced in alliance with Populism last fall wiil be interested to know that the middle of-the-road Populbta who are asiuired of the control of the coming ocmvejuion of Populista at Mempfalg aiü out in a proounclaiaeuto a.-aint laonkeylbg with the semi-Iial dollafjinil proposi tigo to lUö full ex tivmeof in ubsulute flut paper curienuy. Toni V usd i.who leaders the midi} loof - tb . i. l,-i. suya in a recent is,ue i.f hid)wj r: 'VVojfonuiue Populibts t cmiteiO Lint úiitísin whieh is goud lor -li) 'j„.,d Fw 100 cents I f Mi ■ ,. u, ei dI ii.iü.Mii is sound, it is bouu.I a i tl.u way ir the Government, s'.ain i c. i ni ike 10 eenta out ol doUUuk, il cMi makc 100 cents out of the sam nmterlal. Solía peoplo can be foo'ed once or twicu, but very few more than that. Mr. Bfyan in his speeches last fall asserted that the 42milliondollarS necessary to keep pace with the growfh of population íd the United States could not be produced since the suspension of free coluage of silver, and quoted Senator Sherman in support of h! tlieory that this amount was necessary to be added to the currency of the country each year. He was undoul.tedly rig-ht in his quotation Ol Senalur Sherman, but both inaccurate and m .- leading in tliat this unúu i of currency cannot be and is not aáú to the oirculating medium of Uiu country by means of its prebCMt íiuri - ties. Thecoinageof the mints of the country in the year which eude with the present raonth will be. in round Bumbers, ÏOO militen dollars, threefourths of it gold, while that of the ualendar your 1890, was 99 million dollar,. Add to this fact that the raoney in Dlrculatloo to-day is 138,0O0,OO0 more than it was a yearago and it will be s . ■,. that Mr. Bpyan'i statements in this, as : well as in many otlier thins, were, to' say the least, migleadinf. - - -m SnNAToi; Vcst's crocodilo teara havo j ccasuU to I16w witli reiei'üüco to Ui sugar features of the pondiog tarifl bii siooe the Dewspaperg called bis atien tton to the fact tb at tlie iDcreaae in i h value of Bugar-trust stocks ander lii manlpulation f the Wil sein liill waste times as gre&t aa Lt bas been Bi nee th DiDgley bill was tken ui. Dl8APPOtNMBNT follows disappoint ment amongr the Popocratic leaders Not only are they di.sappointed in th Tact that the Ilepublicans have pre sented a solid fronton the tariff ques tion and failed to quarrel among tliera sel ves upon curiency. or any otiie iuestion, but they are even more dis tressed to find their own party fallin to pieces on the quesliou of protection as well as silver, sineo their vote against tne protective features of the tariiT bill is tri-owing weaker daily while their argumenta in behuif of free silver are beinf disprovcn by vvcv week's developments Bince the elcclion A currency oommiseion whieh shal frame a plan tol the general revisión o the currency system of the Unitcc States seems likely to be the baxt step of the new Admlnlstration after the passage of the taritï bill, whicti wil probably tako place before the eud o the month. It is understood in Waeh inglon tliat the l'resident will, as soon as the tarilï' bill passes the Señale som a special message to CoDgress Urglog the croatiun of a oommiaaloo which shall devise a plan for the general revisión of the curreocy system of the country in time for consideration by Congress wheuit m.3dts ia its regular sussion five montlls henee. Japan bas sold to people of the United States in the past decade goods amounting to 313 million yen, the value of the yen being about equivalent to the dollar, while she lias bought frotn us gojds valued at only 78 million yen. This simple fact disposes of all the hurnbuggery whicb the free-traders are indulging in about the alleged probability that Japan will retalíate upoo the passage of the new tarill bill by shutting outoui1 Ameiicaj guods. Her statesmen and linanciers are tooshrewd to cut off one doilar's worth of market for American goods, when by doing so they wi',1 destroy four dollars' worth of market for their own. Ever since its organization in 1887, the National Kopublican Leagiiü of the United States has kept its office open and its organizing and educatieg fonjes at woi-k despite a hostile national administration ou the ooe hand and a money panic on the other. lt has been the only political organization representing Republican polioies that has i-L-fused to "ah ut up shop." The League is optomistic and is now enjoyinL the fruits of a víetory won by Thrift over Shiftlessness, Honesty over Dishonesty, and Inielligeliee over Ignorance. In the gi-eat caiupaign of 18ÍXÍ the League played no small pait Suboruinatiug itself to the Republican National Coininittee and q uietly bewiog to the line, it was instrumental in turning the tide in several States. In the Btruffgle for office' the League takes no part. It is the '-Volunteer Ariny" of the Republican party. It backs no man for place. It is not a breeder ol dbcord, neither does it bhelter the dlappointed seeker after patronage. It is close to the people. Evory Republican in this vicinity who can spure the time should attend the convention. lts tenth annual convention wil] be heldin the city of Detroit, Michigan, July 13, 14 and 15. The railrouds have ííenerally granted a one-fare rale fuithe round trip. Citizens of the United Statea who want to brush up their knowledge oí political history in tueir own country wuuld lint! na Lmeresting inelhod in oomparing tho progresa made by tlir, llepublicau party in 1897 in can-yin i out the pledges of its platform with the i records of precedinL administrations. j Tne pltdges of the platform, it wiü be i remembercd, were in honest ollort in favor of international biinetalliam. a reform of the tariff, a reform of the curreiicy systein, the proteution ol Ameriuao citizens in Cuba, and the restoration, if posslble. of peaue thoj-e, and the control of the Hawaüan fslands by the United States. Kvcry odo of ttxse pledges huá beoo either cai-rn-,1 out i.s o far luider vvay as to reuder suecess highly probable, a uoiúmiesiun has been sent abroad to nfgottate for international blmetalllsm ; the doors of Cuban prisons have been qpened to American citizens who were Bonfli.ed therein: the general Cuban poücy is beiog ontlined in a ivay to ins.ire im[,i'ovement In condition.s in i that unhappy land : a Hawaiian annoxuliori treaty has beun sijrueci ; rouuuimendnüon for acurrency commission to prepare plans for a general revisión of tlic curpency system wil] bo sent t( Congi-ese as bood us the uu-in1 bill passes, nul Uu prótective-tariff mousure ís likelj to be :i Isw wlthln t fortnight. Cau anybody ;m] n the polltioal hlstory of the United States inore rapid wqrk in earrying out party jjledfiesy

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Subjects
Old News
Ann Arbor Register