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- m m m ‘•-V ' I?.*/ j^/toto’--/ ' ' f J7 ; @£*. 4 , • , . . . ~l Ito M Secretary Eaircliiid Tells of the Ooeratious of the Treasury ,- t under the democratic 7 A.dritihistration. dr/:- HE ANSWERS MR. BU INE?S CRITICISMS TO DEPOSITS OF PUBLIC MONEY 77 - iJi NATIONAL BANKS. / 7' .October 13th,. Hr* Charles S Fairchild, Secretary’.' of : .the Treasury,. spoke, to. a Busi- . uess Men’s meeting in New. York, tlie largest ever, held there/ and thus reviewed the work ings of the Treasury under this Administfa tion: to :• .7 7/■''-to'tov/to. /-.- ■' B usiness M en . of N ew Y ork :'• . toWheh I have the. .honor: o f thus address ing you I feel that I am speaking to the whole country,,- fur yoh represent and are; in touch :with /the business, and business men; of every part; o f the; Union. ..What ever is well for. the men of Maine, of Cali fornia, of Minnesota, of Texas, and Of the Gafolinas is well for you; and. what is bad for. you; is '• bad for them. / A dreadful spovirge afflicts. Florida; and: not: only, do your hearts bleed- for the. sufferings of her people, hot only are your sympathies touch-, ed and you prompted to send . generous, •eohtributions to their relief,, but also your hard to nxhtter-of-fact /money interests . afe s e r i o u s l y - affecfeth ' - - . .-•• /' r.knpw that we are often told that your welfare is 1 hot ; rite ' welfare of spine parts of the country) but f have never .been able to - find-: reason. tb.;support this .state ment; .totoVliere ’ js; the /dividing- line ?.' At Maiden Lane ■?\/. At : Fourteenth Street ? T h e Harlem/River ? ...The New jersey, and ' Pennsyiyania - line ?. ' Where ’* does your. in terest. cease, and that . other alleged interest be^in ? / Go lo any. of/these, points, and you. will: find -that;it is- not; there. A y e, go : to the remotest part . of Texas, to the peaks o f Montana, to the. rocks ■ o f Maine, to the bayous of i-Louisiana; and. still you will not have, foundtlieheginningof-the.divisioii.. '.. . Tire present Adntiriistration upon coming . into power found; mainy. difficult problems, to - (leal: with. -My ' ■ predecessor was: con fronted/ at the outset by a general alarhi as -tcV. tlie ! fiijlure.. of/ piir T h is. alarm -was, as would, now appear, premature, .bht- -.it was Very : real, and .threatened, disaster* - Tie met it bv various .deviebs which, averted the. danger,, and a)* -fear. •• ..to' \■ ; -to 7 \ .' -v- 7 - ' / a .. year. Let us see how: this is, A de posit, o f $1,000,000 would require $910,000 fpur per cent.. bonds . as the security; which at 125; would have cost; $1,137,500. This money, loaned at five per cent;, would have given the bank. $56, 875,/ if the bay It had not become a depository, but being a depository it rpust keep; twenty-five per cent, of the deposit as a reserve, so it can loan but- $750,000, which .produces $37,500: interest. Now add ;i the/' interest.: on the United States : bonds*: which Mr. Blaine, with hoirpr, says that the banks are al: lowed to collects—four per cent, on $910,- 000 is $36,400, and yon have. $73,900 re ceived . by the:: depository, but from : this should be deducted one and one-quarter per cent., the yearly proportion of the twenty/five per cent., premium,, which the owner o f the bonds must lose when the bojads are paid at maturity, twenty years * from date; pf purchase, and there is left $62,525, the difference between which and /$56,875 is $5,650,. not $50,000 as stated by M r .B laine, as., the reward to . the bank for serving as -the medium to put a million/of dollars where it could be useful in business at a time of dire necessity.. ' It may; be said that bonds have gone up four per cent., true;/but they' would not have, done, so. had the advice which the President and Secretary of the Treasury re peatedly gave been followed, and whatever premiums they may bear, that premium the man who holds them to maturity must lose. '. ,•:/ 7-'-to-to / .'-to 7' 7- . Make the calculation with money at .6 per cent., and .you have a profit of only $1*775, and at 7;.per cent, there is actually, a loss Of $2/100. Is; it. a wonder that many banks Were reluctant to perform this service .last year, and. that; some have been discontmued as depositories- at ;• .their own request? So much for Mr, Blaine’s allega tion. as.- to ' profits. H e . contends that these deposits have been made . “ without a shadow Of. substantial right in law ” al though lie said that he: had not time/to go into.. that' subject. '•■: I can only say as .to that, that these deposits have been made NO FINANCIAL : TROUBLES CAUSED... BY THIS ;7 to - AUSilNISTRXTrQN. . . //' ' 7 7 Th ' som'.e' quarters /fear --had Been expressed- . lest trouble should lie caused when.' the Govei hment/ might suddenly. withdraw:its. deposits. ' -I7cah\-iihhgine' 116 stale; of affaijs. unilev : which - it would, be , necessary-, to do this, suddenly: It. must . be remembered that these, deposits are not like, ordinary deposits, but that bonds are given, to .the Government as securities.,, which, .when-, a .bank .repays ■its deposit, it . eaii at. once rt*ll j o the GoV- . ernmeht . on. sucli. fPfnis ;as. will/give.-the bank fr'rim; twenty-five to /thirty. per cent, more loanable money than, the Govern ment deposit gave it.. €au any .intelligent man, acquainted with affairs,; say, after .consideration of all - these facts, that a See-, retary was, not grossly incompetent who could hot. manage :'to .Withdraw--the. whole or any part of tlie.: m pney.. now. on deposit Without/causing the least / general business . trouble? Mind you,. .1 do .iipl .deferid the deposit o f ' large. . sums of. Government money in banks; it objectionably mingles /- private with public . business—no one. can disprove pf ..this more, than I .do—but/ in ./dpr ,wrohg condition of public revenue, . the only, choice , is . choice of. evils. Imain- / tain that the Admi'nistraiion. lias .chpseri the. lesser evils—J. claim that . 011 . the whole 1 . this perplexing business has been well and . prudentiy-managed. Men ’ o/f..busine-ss, vyliai • Say.you? You/know, the results. ' ' NEGES- authofity on these subjects; . his private ppinion is always valuable, none . more so, but it is - always so confidentially given hat it cannot be used. Mr. Allison’s pub-. y spoken words,:; however, are, mainly yaitiable because .they show: the maximum p f . fairness aiid good/ sense, which the, for the day, ruling forces of his party will permit. ./The Treasury; Department has for six. months/ been buying all of the 4£ per cent, bonds - which it could get; it has not aiwhys taken them, at, the asking price,; but I venture ; to ^ay that it has -finally bought at some price almbst all that have ■been offe/red to it; the. saving, to the Gov ernment upon these purchases averages almost exactly Mr, Afiispris ..figure,- 2 per cent. per. annum; and yet, out..of the two hundred and thirty millions of those bonds outstanding: whea /these purchases began, We hayP. succeeded f in buying / hot more than. . twenty-five;. millions. . To-jday, the price which. tbe ©royern ment payfe is 108J,/ and the saving to 1 the Gpverament in inter est . is, only. -. one: and : sixty-five • onejiun- ; dredths per cent, pe,r' annum.- If Mr, Alli son will offer 4 i per cent, bonds at a price which will ..save the Government 2 pet cent, per annum, I can assure him: that he- will find no difficulty in. selling them to the Government.) ■: 7 , . \ While on the subject of criticisms, if T remember aright, something is. said, in the Republican platfprm aboiit hostility on the part of the: Administratioii. to silver, what ever that means,. /Let us see hQW that is. On March 31st. .1885, . the. ../.Government owned $43,878,256 silver dollars; on O.cto ber rlOth,. 1888, it owned $25,994,367, /be tw e e n . those two dates 113,263,696 silver; dollars/ were coined; therefore since this Administration came to power, three years, five.. mPntshs and ten . days,. ,$131,147,585:- pf these ./dollars have been put in circulation, against $lo2,i 54,138 in the seven years preceding /March 31st, , 1885. At the in-, coming of this Administratipn - great fear and distrust , prevailed on account: o f . the silver dollars then in . existence; how to afe rarely mentioned. W e /have done our ically built navy Wbich will t x i: worthy of our country) ; ■’ •, y - THE SURPLUS 0TILE ACCUMULATING. It is alsP' said that, the surplus reyenue for this present fiscal year will hot be large/ some' Of the Republicani Senators and Members of Congress, estimate on the basis . o f ap propriations. (at the . .extravagant propor tions of which they - so gleefully, poiht), that; It .will /b e oply between seventeen .; and. twenty-five :.millioris; . of dpliafs, but/, tbiis (sstimate is. based: tipon. the assumption ./that/ every dollar of the inoney appropriated will be. spent. This, is’ impossible. For instance, hot ten /of the^^ twehtyrtwp:'mitUphs appropriated. for; rivers and harbors can be spent this year; only a small /part of the gun, navy and. public buildings appropria tions can be spent this year, and the same may be said o f other : appropriations, . .. /. ; :/ And it miist bfe /remembefed that the Re- publiCah /estimate ■ is Teaclied pnly .; after nearly forty-eight millidhs pf dollarsj/shall have been expended ih the purchase / of bondtofor/ the sinking fund, so that even if their, estimate, were Ps trne. as/ it is: false np less than fi-om sixty-five to seventy-., five millions ; of dollars must be used to buy. bonds . at ever-increasingly / extrava gant premiums, unless tile' present :ac-.- curriulated surplus, of over one h/undred! and twenty-one millions, of dollars'' is /to become still. Iafgfr, * But, as I haVe/ said, this/ estimate //is /' not ,, .true ;./ the siirplus revenue /Pf.; the / year will: / (in spite of the. Republican efforts to deplete it by. eX travagant appi'bpfiatipns) be muGh nearer the . estimate made ih the last report of the Secretary /.of the -Treasury,: viz,.’- $56,469,- 206.74, thaii $25,000,000. . And this after $48,000,000 . has been spent for the sinking fund. A t : least : $1.00-000, 000 / of tax-raised money, must go. ’-to the.; bondholders this year . in exchange / for bonds/ on their own terms or more /money must Tbe deposited in banks or tlie circulatihg; medium will Tren'snry t-Y • a- nsf as are those which / are/ supported by thhse travelers’ tales. ; ;/ . ' / / TOO MUCH GOVERNMENT INTEREERENCE. When reflecting upoh the address which I was . to make to-day upon this / historic spot, thoughts of the scenes which it had witnessed came to iny mind.. Here were the Dutch coming: forth from the most liberal, of fiatiphs tp found. this towii.* which, true to its origin, is . to-day. as heretofore, the Hope - Pf. . mi wlio beiieye.: thaL .govfern- ments can do but little to promote the hap.-- piUCss. or wehlth/6f , a : people) who believe that that ccnmtry is best which lias the best, men, and /that that /.country/w.ilf have the best /men/ whose government belongs: to tlie jople, not the people to / it-t-where/ govern*; ment governs least, meddles least, and gives the greatest / freedom ; to * th eindividual., Tliis is tbe. government in which Grover Cleveland: belreyes with all the fervor of his greaf spul. Here tYashington took an oath to - support t h a t Co nstifcu f ioh which we believe,: if strictly pbeyed, wili :giye us: such a gOveihmehtr as I. have 'described, Washihgtph, himself was the1 product and best illustration : of .a state of society in Which individual liberty was paramount. If w e / carp for men; where ih all time can we/ find better men, better types of: manhood than: Was he, an cl vv ere those; that :stood.atoundhim.here ninety,-nine years ago?. And.; yet- non them, had been governed. pVer-much) their own clear heads. Strong wiilS ahd gppd right arms, made them what they: were, ./ /-/ - ' 'to; 7; '' : -:/'/ •)- ’to to /':'*/7 We, however,. have been for a long time, and now are, governed over-much. On. fhe whole, has this been weil for us? Are the men .of, our day bettertiian.themenof those hope that up in the Treasu representafive .Pf . nothing:,.blit useless, dead rhass, the wanton Republic? Are our legislative bodies either at Washington p f Albany superior; to that w h ichm e tintheH a litbatstopd o n th is s ite? Pf . a purer civilization, than did the men of those days?/./ W e.: have indeed/ many hun dreds of thPhsands mpre.of, people in this city, we; have, splendid private aiid covpof-. H E ' C O I i S l S i f * cpntmHe _:to:- increase «pat under existibg con- al ready. Thb w* ! ^ anY to»teufaetures ' • ' -.- - - * dv sifi 77- v - to /S i^ Convincing T a lk m /SBRV-EP/lN-;'sfbD|7^P .- / cpLN, JottSspir | f l t o JI77f ’■'-jn an: /to'tovView mercial Advertiser coties 'M/rti' McCullPch,; who j Treasury. \inder M Arthur, beiiig the 1 that position, stated | Cleveland’ add Thunni strong reaspns fdr/gi eighty, his first. Detodijl some extracts frpmW,fey 5 | ■ s f have alwkys h*eehfe|| licsiii,” he saidto* be turn ing. pn the and^^upon/that,^ positive/- cotiviCtipi hafuraliy with: the '$ $ $ $ ;never 'helveved/ tlltatt^^^^^^^^^^ ’’i/' ' jC&m- and , « «py rite for e verv \ of Are j/iib- , to Fi.:; . «prm 3/Very are/ f * ^ tojupply/pur^ante tor a 7 THE CRT AGAINST; THE . MILLS BfLL ' 7 /)’■//// - /'--- ,'/ ' B osh .” the Mills bill was a good operand the cry that it would injure our; manufacturing industries W m in his opimon,“ all bosh!”: Whenasfeed if the - PROTECTiON WILL REDUCE - AMERICAN : ; toAOD/EAhNERS: TO THE EURpPEAN -: ; ''to. ;- / / : - /;STANDARt>) / ' : / : / / / /' ;. /I XaYe read,/’ he/coDtiniiecl; “ what: ought to have/ necessity for faisih • it, Was. ” \ '-they r-shpuid beioW of ..peace: .1 dod’f l as Secretary o f the Tre jhht Cbfree: with himi • . When^ rtoiAs 7oVer there I think I met a different class of people / than that which Mr. / Blaine met. I don’t persons, for I did,, but I ; tried: to. make a special ctudy o f . the/ prpdueing classes in hhglandj as compared with tiiiise in W own -/ my oliiervations convineed me \ that the petter condition.of American work- kfHZ proPkL JvjUST BL K E L iE y tP ■ - '; (EUEtoPSb? LX -ASK KFhiE T FR ©MtofHE DVH &7*.P ' / p m : of:T/tHiFF TAXATION NOW:.RL5T1NC: VPPN TKEM; TK^Y .- A R L E TV*«!5KFYto i ^ / ^ r A Y ) V n f T' AJkW . C)l VZH : Ac o T O M t o •i/7 77:: :-;:tototov■■7/';' to '.to/7 :/7- :/ ^ C » f t ;^ / : /\■ toto;‘ -; \to. ;7 '7*YK^ /STlI.pENT5 X JYIAXJMS ' *' - < ) | ../ . A N A . n o t o r 7- M l FftQ W S Z : A t ; to 7 to: ;// 7 'to Sto*pjQoDlir:C^/; -: PF. W ) t.L h a y k '■ Y o . /P a t 7 r-'u- BUYING B O N D S AT A P R E M I U M MADE : SARY fiy THE SURPLUS. - ..Of course I.believe,' as does; eveiy man./', sense, that, the best/use which/ call be made of the...apcumul'ated surplns, which we /will not and cannot use priierwise/. is to buy inter/ est-bearing bonds. with it, and stop, int crest charges; blit it takes two to do this, one to sell and one to buy. The Secretary o f the ■ Treasury, who wiriies/ to' -buy,' must watcli for hiiii wlio wisbes/ to seli/ and/ make the best bargain that / he caii fPr the Govern- / mentto United.. Statep 'b(m.ds. are not .lying: .?: in/ /every.bank.. and every : brpker’s / office herC in W all, Street ready to be sold at / reasonable. .'priees to tlie first .comef, as I ■/.have reason. tp know. Nor are they hang ing ; Pn /every, biackbrtry -busff in- the counr try:., M/hat...Would/ /you think o f : a/ ZSecre-Z I i to ' . . ■ • 111 &;y\ |to'to; post of living) but to superior intelligence, , industiy and thrift, : There is something in American h fe, whether; it is the: climatic or a won •Stl™U'tos- Tlie producing power o f a 7 4 p|lar is as great or greater here thaii it is in : Great; Brata.m, m :Spite of the difference m to 7 v . T beiieye that areduction in/the tariff j j? GspQQLally .berieficial to the worTltiDff pepple p f the couifiry./foFlt would reduce the :- cost of the necessaries o f life, and g ive‘ theni ’ more and steadier employment 7 l believe, . »-*: H*.yitu.nuu win.eveniuaiiy reduce our ivfige^wprkers to the condition/of European 7 iahorers, ^arid oiirs will be; even worse off hecapse pf.the higher cost o f living here ” •.- toeveS /”^ /cpntfaiy, jt pffeks: jUst th© - t o Sbalkyou yote for Cleveland and Thur- ’ ? -°,u areAble to go to the polls ? ” 7 .-to - 1 ^told not help/it, in justice to my eon- -. •scieucefind convictions.’’ -'•/.///• , '- ::'. -•/ N o ■oHtoNGE/Mi.p.E t IN THE, FlETEEKf CENTa a . B ushel RATE;,o f P resent / T ariff . - :- , ^ In ho campaign since the War has there so great anecessity for a. careful exam- 7 .' palion of the facts by vofefs. ./:?'/.- ■U first insisted by Republicans that to IL G»e/vrtriff questionshould not be ‘ agitated I. 'Finding Themselves unaW to prevent dis'- CH.vsipn, they liave sough t to destroy the force. pt.:vn nonest and candid investigation hv the most dehberate .misstatements, from the do - / / rostrum and in the columns of the Re publican press. - / /-:v- • ■^jcan leaders have sent -out; and encouraged - i,statem.ents:which they knew/ to be untrue \ ? f buncp-steerers have, wort ;the Tconfi- : - ttCmB farmers pfily.. to betray | : As a fair sample of / this determination to l^etray apd mislead the farmers, read the fol- under r/cap|i°ri_0f ‘-‘.Free Potatoes/ Too,” m an itonal, T* • • • - • , . * am. to have, another hundred /millions be fore the fiscal year is but, and I am, likely - -to have a hundred rhiltihns /each year' for the same purpose. I must: have them . at once,, right; off: I want to stop interest?” ; Ho/w / much interest do you / tliink that. he \ would/save by that performance? ./ SOME OP MR.,BLAINE’S MISTAKES. .: 1 ; have .seen, in the; newspaipers that Mri ‘ Blaine has thought tit to try his well-known . skill in deceiving the public upon this ques tion of deposits in /National Banks. / He says -'•' that with money at 5 per cent, a deposit pf $60,d00,.000 :would be a gratuity/to.the Na- tioiial Banks . holding the money of $3,000, - 000; a. year. . Thiit .is. n o t' true. /• The ; profit •: to the banks could: not exceed ; $460,000 on $60,-000,000 of- Governnient , deposits with money at 5 per cerit. He saysi-that he reads that. Col. Brice , has a. million of surplus in, his babk. Until within a; Week I did. not. know whether, this Were true or hot, for until then I did not know whether or not Gol. Brice had: a bank or .was interr. ested ih a bank. 1 I had hever before heard of him in / connection with a bank. -But it was possible that this was true, for any bank • which applied at the prpper time and offered the ’security would have' got a de- - posit of that amount. $ 1 , 100,000 was the maximum allowed to. /any. Pne bank.. If it had been true,/ it was wpll, for the money whs safe, ks is the future and honor of the / Democratic .party in Gol. Brice’srhands; After the postponement, of this 'meeting last Saturday I met Gol. Brice, for the first time/ - and asked iiim about tliis statement of Mr.: Blame’s. Col. Brice told me that he owned a majority o f the stock of a bank in Ohio, but that the bank/never had a Government deposit; that he also had some stock in the Chase National Bank of New York, of Which, if politics are to be con sidered, it is proper to say tiiat Mr. Can non, the last Republican Comptroller of toe Currency, is president, and that a ma jority of the directors are Republicans. I find; that this bank did have . a deposit of $ 1 , 100 , 000 , which it ‘ has repaid to the Government recently, not finding a profit of $50,000 a year, as Mb-/Blaine states Or probably any profit in the business, else it would not have chosen to discontinue it. , Mr.: Blaine* says that a deposit of $1,000, - 000 is worth to the depository $50,000 Uncle Sam.“ “ I would like to 7 H E t o H O » l £ . f itjieZ JEwpiersti ^ thisi will only /give you / A:3pA'iKtip,'to/P>/©i47.;; / of what I must endure, and I ^ 7 |^ raid J:./tototo;.-'to7..to-4;to-to..tototo77lJisg^st7it^:77oii7ta© ^ J 7 /--7to 7.. >7777 -'/' /.////to 7to/7^toto-toto-'to////../,-7: '7:77/ 7/7/ /’to//;.// under the same, law as the millions o f , dol lar/s deposited by ail the Republican.; Secre taries: of the Treasury/ when it was - mPre profitable than fiow. boads at a low price being: tiien plentiful. / WHAT “THE GREATEST LIVING ! STATESMAN KNOWS ABOUT LAW. I further observe that Mr. Blaine intimates that I Should be impeached for having made these deposits withput warrant of any law known to him../ Before becoming Secretary of the Treasury, I knew how exacting were tiie;dnties of that office, how heavy the re sponsibility, how thankless the task... I knew that at times it drew upon the heart’s bipod of the/ incumbent and. tpok ofl'his life. .1 had seen/ my good friend and honored predecessor, Daniel . Manning stricken down , .before my eyes. under the heavy burden;: I knew: that / Cliarles ., J . ; F o lger: Was: so weakened in body by his unsparing deyotion to public duty.' as Secretary, tbat he sickened and died under the mortifica tion /of unparalleled. and overwhelming political defeat. 7 . Judge ; Folger tocould not have • been 'elected/Gcvernor at that time, for the fates were against him, and his oppPiieht was the unconquered and unconquerable Cleve land. : But his defeat would not have been of such killing magnitude had not Mr, Blaine . thought it necessary that it should be so iii order to remove an ob stacle from the path of Mr. Blaine’s ambi tion.' All bf this I knew only too well when the President did me the honor to ask me to take the same post,. but I did not know that I was liable to be impeached if Mr. Blaine waS ignorant of the law—had I known this I would not have dared ac cept the office, ' < ANXIOUS TO MAKE THE GREATEST POSSIBLE SAVING OP PUBLIC MONEY. Senator Allison'is Chairman of the Commit tee on Appropriations o f the Senate and a leading member pf > the Committee . pn F i- ’ hinCC, and of course ought to be high best to carry put the..letter and spirit of the law, and with the above result. : D E M O C R A T IG E C O N O M Y , - / . One other criticism. It is said that this Administration has spent more ./money. than did its immediate preolecessori There are but pared,/ viz, '/the fiscal years 4882 ,/’88 and ’84 with '1886, ’87 and ’ 88 .. . A comparative analy sis of;, the expenditures of those years shows, tlie following large items of increase^-ovef them the Administration had no .cpiitrol, and for them it will not be charged with respbnsi- • ' 'Increase. Pensions. . . .$35,935,000 Postal Service caused by cheap- - ened 18,836,000 Debentures and drawbacks. t o I i , 430,.000 Premiums on Bonds bought in . // 8,2.71,000. Alabama Claims award, 5,739,000 Pacific R.R Sinking Funds. 4,108,825 National * Home for Disabled . Volunteers., . . . . . . . Total. $85,825,325 From this it is proper to deduct in payments of » the decrease interest on the debt 41,763,000 $44,062,325 m- 10,823.325 Now deduct the total net crease of the three years...,. . And .$33,239.000 is left, for which reduction in expenses the Administration which conducted the departments during the three fiscal years ended J.vuie 30th, ,1888, may fairly claim credit. . ./. : Among the increases is also found $3,002,000 for nayal vessels which none will .begrudge, as it has been / well spent,/ and we .begin,to see our way t o : au econbmr tyranny bf government the in needlessly taxing E U R O P E A N L A B O R AS V I E W E D P R O M .T H E T O P •to';-:..- / / : : QE A COACH. / / It is the favprite /pastime of some of pur ing with princes/with the rich/and powerfill, and then on cbming/ hGme 'to/ drive to ilieir clubs and tell/of the nijsery of the working men and women of foreign countries, /saying that this, must be because goverhni ent does not protect them, in their wprk, as fhey falsely /allege* -that it /does in , this:.cpUntry,/igndi:mg the ;fact/that/in. :all-\b those.;- cbuniries- save. Q 1 Q 0 r d A f r b n r i i r i o r i t ' n t f n m n f o ' A a © > w a a 4 1 * > f l . i n : Have these geiitlemeri ever penetrated certain parts of tins great city ?. :Ypu!liave ,an asso.cia-/ 'Among-other' good Works it receives -reports from chiirches, spcieties and individUals . o f the names of /the persons to wiiorii they give alms atid from the city, o f . those persons com mitted to tlie penitentiary, ; Cne. o f the early reports of this Sbeiety showed sucii nuinber of cases,, that allowing a family of foiir/per sons to eiiel, enseene in eio-ht. nf mm»' -nbriti- ation bffiees, we have palatial; homes, ; /hut is business better done, more/wisely, more honofably done ih;these offices, -are nobler live? led in these palaces, than in the offices and homes of th e . days of/ old?./ Is the average of; comfbrt, Of prosperity; Of hap piness* higher among the/.w hole population of the town? If: not, what lias all this inter-; meddling of government in private husiness availed? . .. .. -'/;- /•. /• -- /-• / 1 • -/ . / / ./ Deiiipcfats o f today, the; mighty-World/.of; thought; is . with us, UnselfishnCss is witli. u s,4 thepurest patriotismiswitlius/ahdwlientliat is true o f any - cause, i ts onwafd mo vement /is assureand/resistless as the Over coming of. the. tide into?our ocean:. ; 7 / : a n / i MD e F e n d e n t / e s t i m a t e o f .74/to CLEVELAND: 7 / ;7: ; 7>:'/ case: one in eight, o f youir; p.Opm latioh had received alms, or come iii contact witli your eriniiBal laws during the previous fifteen months, the period wliich this, report covered. The street residence of each c&sie was given. I f all the houses thus reported liad been arranged On . one street, that street would have beeh nearly, thirty-five Utiles long, and into each house pn ‘ that street either alms, wpuld / have gone, or persons would have /come out fp. go. to your peni tentiary . during those fifteen, months. It must also/ he borne in . mind, that not nearly all of the cases of almsgiving in your City were reported to/that society,: probably not half of them. ■'■/-''to'to. ;.• / Now it is not fair-to piaim, hor do I claim, that all of this misery was caused by our economic system, hut it certainly vvas: cm incident with it and’ was not' prevented by it, ‘ ” ‘ ’ ‘ about forbids/ h-jm. Magistrate o f .his four r nigh upon countrymen. :He Conscience and the Philadelphia FedgerfQct. 13.) The DemOcfatic candidate tnakes no speeches/ His regard for the dignity which doth hedge a. President s1'\\* v doing i t . ... He is /a Gliief country ; has /been that j c years by the choice pf his can but discharge in go( wisely as/he can h is duties & ’-President/ He ■y-‘- ‘ • - He is if; •, as a 'politician, to influenoe i t in his favor. The people kfipw from a hundred other sources that he is / the PresidentiM /cahdidateofhis/partyitheydo not know from him, except through his letter of acceptance, ; that he is a candidate - at - all. He is simply president. / He if not free, as Gen. Harrison/is* to proclaim himself a candi date and urge his paftjfs sucdess. //Ih sileuce,; which is dignified ahd/ most excellent, he awaits tile.: result of the contest in which lie takes ho peroeptible part. His conduct is/ad-/ mirable, and if he fails to be elected hp Will not fail to continue to retain the respect/and esteem of his.countrymen. - - -/'- • .•-•■to* 7 ing/ eonviheed 6 t thehie^i vision.” . . ;*/■ //-’//t o ^ CLEYEK AND/S ABILIT Y /A ■■ /“Y0urmmpafhies7th^^ are with Mr/ Cleveian'd irtlaf /:■/. “ They certainly/are.// |y l ;;Gleveiahd’s/ admmfstihiifh^ I/cbhsidef it, to.;hayp/h^|M abifity aiid uprigbtheiwS to very closeiy/ the admihl '” Presidents, and I thihk'; 1 pares favorably with- ai /predepesS 0 rs;,'-/.-I Zcohft^f would eiUier, at; the ti I thought he liad made .fi _ I did not believe he hhdtot /f ies; to/ be the /executiyh tiiis I haye been.agre 0 abljr| ; •. BENEFICIAL :-EFFE6T/p»;il ‘ ‘ What effect.: in youi; | adoption opthe P resideht^ islation have upon Pur iridij tain, we can never exthndt our Own shofes. ahd impl^ our laboring classes tthder S nation of high toari^ A d p 18 cannot al low immigrants/ at the pr^eht rate ahd/hoMi o f ; labor and waghs:]/ commemial nation.: LVFe advant^»: - Buiwniha fe 8 trictiphs* trade how. Most ’ p f < food stuffs and most/of to Other nations, buy., of -t cannot g e f any where //e only asm all deal more o f it. P have any interiiat . tance so lpng s t ! ^ ) tariff both on ihaii Msto'/L/hpfi^/ffiii©/ the other: dhyto ri manufacturesihi I’-Of courae it will benefit the toinaustrioiW pwefs / of Scm toii, but Will W S S - : m i-.-i- - -.IT-- ^^4®? and. Now: J^sey^^. iook. ppdn the prOspect with equal joy ? We think 7 1 J • . ^re Vorils to the Wetd- York Trib- .7. editor, astocv;e]l as everv ReDtibli- fcin*. knows that the Mills bill leaves the im- toi 1 P ^ atoes cen ts per bushel p s t .a s it found it, as every faimer can ascer- l i i S b l S f toe: p ^ isiontoo f 7 ^ >•. ^ ^ ^ ; 7 c r p p / w a s . / t h e , sliortest to - kPeriod of over twenty years ■^withstanding that our population liakve^v “f f f6<1- ‘‘AnSual Statistkian” . res the total crop for 1887 as 134000 000 a0res’ wbicli7wa8 : t o - / ^ i l £ /; / ® ^ ^ / ^ ^ 7 L ^ ^ i / b u a h e i s w ^ ; / : - Nova. Scotia, :New/Bfunswick\ F^qnpe ^dward s Island, for cohsumptioh : r aild fishermen of New. /. to. acfossthe.,.-'• e“, .because the mining, camps and fishing istare tlie most convenierif markets and thecost^of transportation to the lafee i pf the Dominion. :/tov/toto ■. “ , v.\: -\•' : ‘AUnited States Report, o n 7• ‘ Commerce7 to’’r * Navigation ” also NhOws that the imports ' v - Vwould affect the: farmers from New • ■■ pt ate clear to tbe Paeiff c coast, arid they l[o he ridictilpusly small; .for the entire l y received from the Provinces of Quc- 1 Ontario, Manitoba, find the^^ Northwest-^'? ItitQfy was 19,543 bushels,, a quantity I: with a yield of umety-eigii t bushels 14, wohid he equal, to the cmp of one • •' jie farm: Jiist think of it,: The States JW; York, Penfisylvaiiia; Ohio, Michigan, /: - ' Tpnsin, Minnesota, Dakota aii(i ihe ierri- J/Rdjoinhig ihe territories- of British , ritea are in/dangef of being flooded with |to potatoes tiiaf ; can lie grown on 200 | 6 f land ! y. - / -' :'. \-;■ ://'....•/ '' 7 to -;7v 8 these/lying and misleading statements tonblicans are made toi friteten farmers Potatoes, in Order that they may con- - tool) the dairynien ; by; collecting war |/hi.a salt atKl repeal the internal /rev- . 7 regulutes the sale Of oleoinar- '•'• - rarmers of Npw. Yoffc State and/New royisions/of the Mills bili are as fol- 1 1 exempts ffom / duty 7 vegetables niatural state, or in spit or brine, noit leniimerated or provided for.” I ot ; 41 states 7 “ Tiiat' as to all clauses, bns [and sect ions in existing , laws, not ^eijl^^yiOhanged, modified oramend- shall be atoes/are hokspecifically. named in f ppmto^ are still subject to a duty pn, cents per husheh ' And the only lies put upon tlie free' list Were those fed hy the same Republican Congress rhich gave Mainje and Massachusetts J/free salt for curing fish, and taxed rixty-nine cents on the dollar for salt ' laklng butter* ; 7 sand other:voters, that you may de- iblican lies, Write your represehta- mgress, Whether Democrat or Re- i> for an official copy of the Mills bill, ' ■en 8 th ese, questions for cap th examine tl to\' / ■' •/■•-to/' S.,;
