Thank you for visiting SNEWPapers!
Sign up free
Editorial
November 15, 1895
Pike County Press
Milford, Pike County, Pennsylvania
What is this article about?
The editorial criticizes the Treasury Department's September statement claiming a $3 million surplus as false because it ignores the unpaid $5 million debt to U.S. sugar producers, accusing the Democratic administration of chicanery.
Clipping
OCR Quality
98%
Excellent
Full Text
A False Balance Sheet,
The treasury department presented a statement for September showing receipts somewhat over $3,000,000 in excess of expenditures. This statement is a cheat. The sugar producers of the United States have not yet been paid the $5,000,000 due to them, the authority to pay which was given by the last congress. It is a just debt owing by the government, and so long as $1 of it remains unpaid the administration cannot claim that its revenue exceeds the needs of the government. The September statement is false. While Uncle Sam owes money to the sugar producers or to any one else a surplus of revenue cannot be claimed. False balance sheets represent nothing but Democratic chicanery.
The treasury department presented a statement for September showing receipts somewhat over $3,000,000 in excess of expenditures. This statement is a cheat. The sugar producers of the United States have not yet been paid the $5,000,000 due to them, the authority to pay which was given by the last congress. It is a just debt owing by the government, and so long as $1 of it remains unpaid the administration cannot claim that its revenue exceeds the needs of the government. The September statement is false. While Uncle Sam owes money to the sugar producers or to any one else a surplus of revenue cannot be claimed. False balance sheets represent nothing but Democratic chicanery.
What sub-type of article is it?
Economic Policy
Partisan Politics
What keywords are associated?
Treasury Statement
False Surplus
Sugar Producers Debt
Democratic Chicanery
What entities or persons were involved?
Treasury Department
Sugar Producers
Democratic
Editorial Details
Primary Topic
Critique Of Treasury Department's False Surplus Statement
Stance / Tone
Strongly Critical Of Democratic Administration
Key Figures
Treasury Department
Sugar Producers
Democratic
Key Arguments
September Statement Shows Receipts Over $3,000,000 In Excess Of Expenditures But Is A Cheat
Sugar Producers Not Yet Paid $5,000,000 Due To Them Authorized By Last Congress
Unpaid Debt Means No Surplus Can Be Claimed
False Balance Sheets Represent Democratic Chicanery