The Enid Weekly Wave. (Enid, Okla. Terr.), Vol. 4, No. 21, Ed. 1 Thursday, May 27, 1897 Page: 1 of 8
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IT WAVES. SURGES ROARS AND REBOUNDS ONLY TO COME BACK AGAIN W'TH GREATER FORCE FOR ENID. GARFIELD COUNTY. OKLAHOMA. AND DEMOCRACY.
By Wave Printing Co.
ENID, OKLAHOMA TERRITORY, THURSDAY, MAY 27, 1897.
VOL. 4, No SI.
staggered under imicli heavier burdens \
of taxation. Even in this disastrous pe- j
riod, customs duties under the existing J
law have increased from less than $132,-
000,000 in 1894, the last year of the Me-
POWDER
Absolutely Pure.
Celebrated for its great leavening
strength and healthfulness. Assures
the food against alum and all forms
of adulteration common to the cheap
brands. ROYAL BAKING POWDER
CO., NEW York.
WILSON VS. DINGLEY.
Author of the Present Law Oriti«
ciaes the Ding-ley Bill.
SnyM It I* "tin? Mont Ultra Protective
Tariff Ever I,r«po8cd"-Wlll En-
cuurnK<- Truntn nml Discourn^e
American Labor.
Ex-Postmaster General William L.
Wilson is credited with the authorship
of the tariff bill now in force. His
hands were tied so that In; could not!
make the bill nearly as good as he de-
sired to make it, and the bill as finally
passed was not nearly as good as when I
it first passed the house. It was, how-
ever, a great improvement upon the Mo- I
Kinley bill and is a model as compared |
with the Dingley monstrosity. We
quote the following from Mr. Wilson's
criticism of the McKinley and Dingley
bills in a recent number of the New
York Herald:
These bills are so nearly identical in
general structure and particular items,
excepting as to the sugar schedule, that
it may be well to consider the effect of
the first bill on the revenue of thecoun-
try. Both bills are vast and voluminous
schemes of class taxation, the produc-
tion of public revenue being an incident
and entirely subordinate to the purpose
of taxing all the American people for
the benefit of a small part, of the peo-
ple.
The protcetionistljasbut one remedy,
which he applies whether the revenue
l:e redundant or deficient. If times are
jirosi>erous, and more money than is
needed pours into the treasury, he in-
creases taxes by a scheme that turns
the larger part of their avails into pri-
vate pockets, and this reduccs public
revenue. If times are depressed and less
money than is needed pours into the
treasury, he seizes the pretext of in-
rreasing public revenues by adding
enormously to the amount of private
exaction.
The act of 1890, whatever its other
effects, did reduce revenue. From a
large surplus it swept us headlong to a
deficiency, although it weighted the
people with heavier taxes and although
another law, passed in July, 1890,
turned into the treasury as a part of the
general assets to be used for paying ex-
penditures a trust fund of more than
$54,000,000, which belonged to the na-
tional banks and had always been held
for the redemption of their noles.
Even before the Harrison administra-
tion ended we should have been con-
fronted with a large deficiency but for
the use of this trust fund and the fur-
ther fact that Secretary Foster, by a
change of bookkeeping, added to the
treasury balance $20,i,00,000 of token
and subsidiary coin not before treated
as a treasury asset. With these extraor-
dinary additions, even, we wound up the
fiscal year, June 30, 1803, with a sur-
plus of only $2,.'141,074 as against a
surplus for the fiscal year June 30,
1890, of over $85,000,000 before the
above trust fund and subsidiary coin
were touched. And during the fiscal
year ended .Tune 30, 1894, through all
of w hich the McKinley bill was in force,
expenditures exceeded the revenues to
the amount of $09,803,860, notwith-
standing the fact that the expenditures
of the government were $15,052,074 less
than In the preceding year.
This statement shows how absurd and j
groundless is the claim constantly made
by the protectionists that recent defi-
cit*. iu revenues nre djie to the substi-
tution of the existing tariff for the Mc-
Kinley bill. Nothing is more ecrtnin
than that if the bill had been in force
during the last three years the annual
deficit would have been immensely
swollen, while the people in a season of
depression and hard times would huve
| Kinley bill, to over $152,000,000 in 1895 j Rn(]
and to over $160,000,000 in 1S96.
In the sugar schedule alone the bal-
ance in favoT of the existing law ia
about $55,000,000. The customs rev-
enue reached nearly $40,000,000, scarce-
ly any of which would have been re-
ceived under the McKinley bill.
That the Dingley bill, present condi-
tions considered, is the most ultra pro-
tective tariff ever proposed to be
enacted in this country plainly npjjeara
from Chairman Dingley's statement
that if levied on the importations of the
last fiscal year it would have increased
the revenues $112,000,000—that is to say,
it would have gathered from an impor-
tation of $775,724,264 of imported mer-
chandise the enormous sum of $272,-
000,000, which is nearly $50,000,000
more than any customs revenue ever
collected in one year in this country in
the past. And to say its rates will
probably cheek dutiable imports to the
extent of reducing the estimate to $70,-
000,000 is only another way of saying
that to that extent such rates are pro-
hibitory.
American consumers nre shut in the
home market to be preyed upon by com-
j binations and trusts without possibil-
ity of relief from outside competition.
| Such combinations, by joining to keep
j up prices and to e'urtail production,
wage more merciless war against the
employment, the opportunities and the
compensation of American labor than
I any possible competition from abroad
' could do.
The falling off of importations under
| the present law dispels the illusion
! that the American laborer is anywhere
| deprived of employment by the impor-
tation of foreign products. The grat-
j ifying increase in our exports of manu-
factures is equally strong proof that
those laws are helping us to enter and
command new markets, which means
not only larger employment forour art-
isans but more home consumers for
our farmers.
Iii'qnf onrt I.nmbcr TnrlfP.
"The proposed tariff on lumber." the
Boston Transcript (rep.) says, "is-im-
ply a measure to pick the pockets a id
crush the industry of n large, useful
In the new tariff bill spunk is on the
free list. We have our opinion of a man
who is compelled to use iinnorted
""'lnnl-."—PhilcdelpVi!"
The Protectlonla Performance.
The following is a part of cx-Con-
gressman John De Witt Warner's criti-
cism of the Dingley bill:
"As it stands the most brilliant part
of the pending performance consists in
eating the words of the same actors in
the Fifty-first congress. The McKinley
bill of that date was virtually entitled
'a bill to reduce revenues.' The Dingley
bill is specially commended as a revenue
getter. The McKinley bill pointed with
pride to the poor man's free breakfast
table. The Dingley bill puts upon
sugar—a single item of the breakfast
table—one-third of the. total amount of
the tariff tax proposed. The items
which are supposed to help the farmer
are good examples of so setting your
trap as to 'cotch 'em a-cumin' and a-
gwine.' For instance, we have reci-
procity in order to give the farmers a
market abroad for what it is assumed
they cannot produce for home con-
sumption unless they are highly pro-
tected, as is done by another section of
the bill."
influential class of American citi-
zens. It is uneconomic, unscientific,
suicidal. The statements tipou which
this schedule was made up are show n
to have been insidious an I misleading.
The result will be to strip the country
not of an annually recurring income,
but of its white pine principal, which
at present rates is within ten years of
exhaustion, and also to ruin a large
class of business men in this country
who deserve better things. It does not
eeein possible that men claiming to
represent the people will permit such
a measure to have the force of law. I'
they do, it will cease to be folly and b'
come iniquity."
BLAINE OPPOSED IT.
Saw the Great Folly of Taking Hl«le«
Off tlie Free LUt.
The following letter, from Secretary
of State James G. Blaine in 1890, is sup-
posed to have had great weight with the
ways and means committee:
Washing-ton, April 10, 1890.
Dear Mr. McKinley: It is a fireat mistake
to take hides from the free list, where they
have been for so many years. It Is a slap
In the face to the South Americans, with
whom we are trying to enlarge our trade.
It will benefit the farmer by adding five
:o eight per cent, to the price of his chil-
dren's shoes. It will yield a profit to the
butcher only, the last man that needs it.
•"he movement is injudicious from begin-
ning to end, in every form and phase.
I'ray stop it before It sees light. Such
movements as this for protection will pro-
tect the republican party ir.to a speeay re-
tirement. Yours hastily,
JAMES O. BLAINE,
lion. William McKinley, Chairman Wayf
and Means.
Where is the Blaine this year who
can head off the westerners who want
their share of protection and foolishly
imagine that they can get it by a duty
on hides? It is perfectly consistent
with the protection ystem to tax hides
especially as the bulk of the tax woulc
probably go to a few monopoly butchers
and ranchmen. But observe some ol
the effects upon our industries:
The importations of untaxed hides
and skins last year were valued at $20,-
216,258. The goatskins were valued at
$10,303,359. The former were mostly
converted into sole leather, belting*
and such like heavy material, for which
our native hides are not thick enough.
The goatskins are not produced in tliif
country.
From this raw material we not only
manufacture boots, shoes and leathei
goods for our own people cheaper and
better than are made elsewhere in tlit
world, but we exported finished prod-
ucts of the value of $20,212,750. With-
out free and cheap raw material this
export trade would have been impossi-
ble, and our own people, as Mr. Itlaine
pointed out, would be compelled to pay
more for their footwear. The wages
paid to our workers in leather last yeai
amounted to $25,542,166.
THE
0METHIN6
For uou to ponder over!
We have just received a big invoice of
summer goods. Here is some of our prices.
America Indigo Blue Prints, 4 cts.
Best L. L. Muslin, 4 1-2 cts.
Hope Bleached Muslin in 20 yard
pieces, 7 cents.
All the Latest Styles
in, Dimmities, Organdies, etc., at prices from
8 1-3 to 30 cents per yard. Yours
to serve, '
Jenkins Bros.
ALL KINDS
OF
Stationery
Senator Sliertnnn nt III* lle*t.
Every advance toward a free ex-
change of commodities is an advance in
civilization. Every obstruction to a
free exchange is born of the same nar-
row, despotic spirit which planted cas-
tles upon the Bhine to plunder peace-
ful commerce. Every obstruction to
commerce is a tax upon consumption.
Every facility to a free exchange cheap-
ens commodities, increases trade and
population and promotes civilization.—•
John Sherman in 1868.
PROTECTION
UMBRELLA.
THE
ttetronetion for Campaign I' IIII it a.
In the opinion of the Memphis Com-
mercial Appeal, "the most retroactive
feature of the Dingley bill is the pro-
vision for paying l ack lo the big man-
ufacturers their campaign contribn*
Hons."
Fool I ti jet t' Farmer.
Sample taxes from the Dingley bill,
with comparisons showing (lie over-
whelming foreign competition to which
the farmer is subjected and,what pro-
j tection the \jays and menus committee
i regards as* indispensable:
Imports Kxpnrta
Putv, to ti.S. from t'. S.
Dtnftlf v 1,111. iKOfi. 1S99.
Sarley, Site per hu <37,3R4 7,BSO,3J!l
Corn, lfic per litt 4,338 fl9.S92.W3
Oats, 15c per hit 47,591) 13,012,59(3
Hyr , 10c per 1m 1M WMM
Wheat, 21c per bn 2.110.930 90,090,9SC
Flour, 2V- art vol. (hlils)... 1.394 14.920.SCI
flutter, fie peril' 52,997 lfl.S73.91S
An OdioriH Tux.
The tin plate makers wish to boon
| their business by increasing the duty
j on imported tin plate, to the injury of
1 the canning industry and other in-
lustries that flourish by reason
of chenp tin plate. Another blow
is struck at business by abolishing
the rebate on exported tin cans. Xow
canned goods exported in cans made of
imported tin arc allowed a drawback of
the duty paid, and thus an export busi-
ness has been built up in canned fruits,
oysters, vegetables, petroleum, etc.
Over 4,000,000 tin cans are sent abroad
annually, contniniug oil which com-
petes with that of Httssla. When litis-
nin can buy tin plate at. $2.70 a box,
while we have to pay $3.50 for it, it is
evident that our competition will bf
rendered difficult. Mr. Dingley rolvi
I'eter to pay Paul.—Baltimore Sun.
rotntnep.
Totnt ' Oli'O r •
Inr t'" ' ; <
Total '. -.1 :e • .;
hu.
175.240 990.04?
1 r vnortF ilnr-
Office
Our Job Departments-
not De Beaten-
New Type
Good Stock
I
Low Rates.
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Isenberg, J. L. & Isenberg, Edna. The Enid Weekly Wave. (Enid, Okla. Terr.), Vol. 4, No. 21, Ed. 1 Thursday, May 27, 1897, newspaper, May 27, 1897; Enid, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc112016/m1/1/: accessed April 25, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.