Reducing Taxation and the Treasury Surplus Debate
Hon. Joseph E. McDonald argues for cutting national taxes, shifting relief to customs duties, and reducing internal excises to avoid crowding money in the treasury. He critiques Sherman’s plan and defends Democratic aims to expand domestic markets and labor wages, predicting Cleveland’s 1888 renomination and Democratic strength.
MENTIONED IN THIS ARTICLE
Democratic Party
Indiana
Congress of the
United States
Secretary of the Treassury
Congress
Republican Party
Treasury
Secretary of the Treasury
Senator Sherman
Senate
Sherman
House
Committee On
Chicago
Indianapolis
Grover Cleveland
Tariff Truths From 1870 Speech On War Taxes And Surplus
The piece cites Emery A. Storrs 1870 Springfield meeting where war era tariffs and taxes created a large treasury surplus. It notes the surplus rising from 125 million to 231 million, with calls to reduce wartime burdens as inflation and postwar prices shift the economy.
MENTIONED IN THIS ARTICLE
Chicago Herald
Emery A. Storrs
Springfield
Storrs
Illinois Affairs Highlights and Public Notices
Illinois topics include M P Lautz of Oak Grove detailing a 1773 Pennsylvania bill and land transfer near McLean. Lincoln era vet Capt John Linebarger plans a Mexican War pension. Illinois swamp land claims totaling $147,383 are listed for counties. Pension recipients and a tariff critique frame broader economic debate.
MENTIONED IN THIS ARTICLE
M. P. Lautz
Oak Grove
Pennsylvania
John Linebarger
Prairie Creek Township
Lincoln
Linebarger
2D Regiment
New York Volunteers
Silas Wright
Isaac R. Hitt
Washington
Illinois
Gallatin
Warren and Hen- Bureau
Demon
Bouet Fis Cresicee
Moultrie
Mercer
Cupiegiar
Kane
Lawrence
Champaign
Farwell
Russia Opens Fifteen Mile Canal Linking Caspian and Baltic
A canal fifteen miles long has just opened in Russia, creating a navigable waterway that connects the Caspian Sea with the Baltic Sea and enhances regional communication and trade potential.
MENTIONED IN THIS ARTICLE
Caspian
Baltic Seas
Russia
Also Mentioned on This Page
McDonald
Cleveland
John Sherman
Joseph E. McDonald
Illinois Affairs
Turner R. King
McLean
Charles A. Funk
Eli Maxwell
William H. Stinson
United States Bureau of Labor
McLean County
Louisiana
Hoopeston
Greenville
General Grant
Department of Business
Aocne
Mediterranean
Syracuse
Saginaw
Providence
Spaulding
John B
Robert R. Keller
Hazel Dell
Martin
Martin Grove
Marshall
Eva T
James W. Mayfield
Ursa
Emma
Daniel W. Davis
Wataga
Rebecca A
Dennis G. Jones
Miletus
Mary J
Peter Crips
Alto Pass
Isabella
William A. Foster
Christopher
Henry Inman
Liberty
Reuben Smiddy
Jonesboro
Charles Walstedt
Quincy
John
St. Elmo
Aaron van Antwerp
Capron
Aaron Gross
Cheneyville
Amos Criley
Murphysboro
Elizabeth
Noah
Howard
Aurora
Thomas B. Adams
Benton
Jacob Beck
Hillsboro
Elijah Burns
Adam Cruse
Edmond R. Mallory
Bedford
Ambrose Greenfield
Long Creek
Thomas Daily
Channahon
James M. Branson
Exeter
William T. Scott
Lewiston
Henry M. Barnum
Rock Falls
Philip Altes
Bloomington
John E. Ballard
Half Day
Terence McSpirritt
Dallas City
Frederick Fowler
Friendsville
Daniel McCalley
Ridley
John M. Shepherd
Manito
Luke R. Sanders
Marion
William A. Wilson
Sidney
Andrew J. Moore
Sumner
Benjamin May
Dix
Joel Q. Meador
Hickory Hill
George H. Fetherling
Woodland
Rufus Russell
Rosemond
Andrew West
Morris
Jessup Tuttle
Hartisburg
Jane M
Marshall Duckworth
Batavia
Margarette
John W. Bechtold
Nauvoo
Mary
Robert Norris
Anna
George W. Asselston
Shawneetown
Lewis Mansker
Thebes
Francis C. Jones
Marseilles
William King
Ferdinand Herrgood
Hillsborough
Thomas KR. Owen
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