Abstract

Editorials
June 14, 1894 issue

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The article presents the incidents related to the politics and economics in United States. The U.S. Republican party bankrupted the Treasury with its pension largesses and turned the government over to the Democrats with a deficit of $75,000,000 the following year, the necessity was imposed on the U.S. President Grover Cleveland administration of finding revenue sufficient to close the gap. The most obvious way was to restore some portion of the sugar duties, which had been repealed in the vain hope of reconciling the country to the tariff. Another incident focuses on the advocacy of the Chamber of Commerce of the passage of the law permitting competing railways to divide their tonnage or earnings among themselves in some agreed proportion.

See Also:

UNITED States -- Politics & government -- 1893-1897; CLEVELAND, Grover, 1837-1908; PRESIDENTS -- United States; POLITICAL parties; SUGAR -- Taxation; REVENUE; TONNAGE; UNITED States
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