Page images
[graphic][subsumed][subsumed][subsumed][ocr errors][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed]
[blocks in formation]

The Outlook is a Weekly Newspaper, containing this week 68 pages.
Price.-The subscription price is Three Dollars a year, payable in advance. Ten cents a copy.
Postage is prepaid by the publishers for all subscriptions in the United States, Canada, and

Mexico. For all other countries in the Postal Union add $1.56 for postage.
Change of Address. When a change of address is ordered, both the new and the old address

must be given. The notice should be sent one week before the change is to take effect. Discontinuances.--If a subscriber wishes his copy of the paper discontinued at the expiration

of his subscription, notice to that effect should be sent. Otherwise it is assumed that a continuance

of the subscription is desired. How to Remit.Remittances should be sent by Check, Draft, Express-Order, or Money-Order,

payable to order of THE OUTLOOK COMPANY. Cash should be sent in Registered Letter. Letters should be addressed : THE OUTLOOK COMPANY,

13 Astor Place, New York.

The Outlook

Dark Colors in Summer Dress Fabrics

Nuns Veilings
Rice Grenadines.

AND Ladies who prefer, for whatever reason, dark colors in washable dress materials, and who have noticed how largely the light colors predominate in the sheer summer fabrics, are open weave and sheer to show the Silk lining;

These novelties have just been received; both lines will appreciate this suggestion from

new blues, greys, cadets.

Fifteen styles in Covert-weaves, whipcords, cork“The

screws and coaching twills; all the shades that

tailors are using. Linen

Cloths for Bicycle Suits,—Tweeds and Coverts, brown and tan Overchecks, heavy, particularly good

value, at $1.00 a yard. Store"

White Accordion-plaited skirt patterns for gradu

ates; also full line of Plaited Robes, on counter at We are showing some beautiful effects in Eleventh Street entrance.

Full Summer stock of Challies now ready, dark Silk Weft Zephyrs, Azalee, and Brilliantee fabrics, which,

in color, are at the same time comfortably cool.

Broadway and 11th Street,

New York.

[ocr errors]


[merged small][graphic][ocr errors][ocr errors][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small]

Published Every Saturday

Vol. 56
May 15, 1897

No. 3 HE tariff bill reported to few free-traders believe that a necessity the Senate is an entirely like tea or coffee should be taxed even new measure. The esti for revenue. It is doubtful if the Repubmates submitted by Mr. licans in Congress will permit this tax Dingley are rejected as to be retained. Certainly the bulk of their worthless, and Senator constituents would prefer that Govern

Allison, of the Senate ment expenses should be reduced rather Committee, quoted as saying that than that this tax should be levied. the Dingley Bill would not have added $15,000,000 to the revenues during the first year. As Mr. Dingley estimated the Apart from these taxes for revenue only, increase at over $60,000,000—on the the principal changes made by the Senate supposition, it is true, that the measure Committee are the rejection of the retroshould be passed promptly by both active clause of the House bill, the taxHouses—the figures of the Senate and the ation of all sugar imported, including that House Committees are as far apart as if coming from the Hawaiian Islands, the they had been submitted by the repre lowering of the duty on the finer grades sentatives of opposing parties. The dif- of wool and the raising of the duty on ferences in the proposed methods of in- the coarsest grade, the imposition of a creasing the revenue are hardly less protective tariff of 172 cents a pound on striking. The Dingley Bill assumed that hides, and a slight lowering of the Dingincreased revenue from imports and in- ley rates in most of the remaining schedcreased protection to competing Amer- ules. The retroactive clause in the House ican products could be simultaneously bill was rejected because of its general imsecured by raising the tariff rate, and practicability as well as the doubt as to its that the entire deficit could be met constitutionality. Indefinite confusion and by increased protection. The Senate very little revenue would certainly have bill assumes that protective taxes must been the result of an attempt to tax imports be supplemented by revenue taxes in imported before the law went into effect. order to meet the deficit which would The taxation of sugar imported from the otherwise occur uatil all goods imported Hawaiian Islands means a gain of about under the present tariff shall have been $3,000,000 a year to the Government. consumed. With this end in view the Under the reciprocity treaty which went Senate bill establishes for the next two into effect in 1876, the United States has and a half years an additional tax of 44 admitted Hawaiian sugar free of duty. As cents a barrel on beer and a new tax of the Hawaiian producers have not on that 10 cents a pound on tea. These two account sold their sugar any cheaper than taxes are expected to yield approximately the Cuban and European producers who $17,000,000 and $8,000,000 respectively, paid the tax, our Government has simply of $25,000,000 together. Every one ad- presented them with the amount of the mits that beer is at present lightly taxed; duties remitted. This amount has been but the tax on tea is likely to be almost during the twenty-one years over $60,as un popular among free-traders as among 000,000. The Senate bill proposes that protectionists; for although the proceeds henceforth the taxes paid by American of the tax will go entirely to the Govern consumers on imported products shall go ment, as the free-trade theory demands, into the public treasury. The lowering

[merged small][ocr errors][merged small]

of duties on the higher grades of wool bers of the faculty for positions to be and raising them on the lowest grade designated thereafter. The new Presi: are changes in the interest of the man dent, Thomas E. Will, is a Harvard graduufacturers of woolen clothing and of ate, who was iormerly Professor of Politthe producers of low-grade or carpet ical Economy in Lawrence University, wool on the Pacific coast. The raising Wisconsin, and lost his position there, his of the duty on carpet wools was one of friends assert, because of his theological the concessions demanded by Senator and economic views. He is an evolutionJones, of Nevada, whose vote was essen ary socialist in political economy, and tial to the reporting of any tariff bill from heartily supported Mr. Bryan in the rethe Senate Finance Committee. The cent campaign. Among the professors reother concession which he demanded and elected were some Republicans--one who obtained is even more important. A tariff bad been the chairman of a county Reon raw hides which was done away with in publican convention during the recent the early seventies is now restored. The campaign—but the object of the changes restoration of this tax has been strenuously was clearly to make the instruction at fought by the New England leather man this College strongly Populistic. The ufacturers, who have declared that it Regents would probably defend their would cripple their capacity to export action on grounds which it is easy to state. This is doubtless the case if it be ad- The Populists in this country feel rather mitted that the tariff is a tax, but inas- bitterly concerning the conservatism of the much as the New England manufacturers universities. Many of them believe that have denied this, their position is a teachers of economics in colleges depend. difficult one. The taxation of the East ent upon endowments are made afraid to ern manufacturers for the protection of speak the "truth they needs must feel," Western cattle-raisers against foreign and they are endeavoring to meet procompetition is a new phase of tariff de scription by proscription. But a new wrong velopment, but it is a phase welcomed by of this sort, so far from neutralizing the old, free-traders, who wish to avoid sectional- simply intensifies everywhere the intolerism, and demand that all industries shall ance which is the enemy of truth and progenjoy equality before the laws.

ress. Honesty is not more essential to the character of merchants, or chastity to the

character of women, than is fearlessness The Populist or Fusion Regents of the in stating convictions to the character of Kansas State Agricultural College at their teachers. In far as the Kansas Pop meeting last month adopted a resolution ulists have proscribed professors because making the terms of the faculty, like those of their views, to that extent they have of teachers in the lower schools, expire struck a blow at the integrity of their annually. One of the objects of this teaching force, and lowered university resolution, it was apparent, was to secure standards wherever the influence of their the reorganization of the faculty. Presi- action extends. It is satisfactory to redent Fairchild, who had been at the head cord that the dignity and devotion to the of the institution during seventeen years, College manifested by President Fairchild at once presented his resignation, in order during this trying ordeal have raised not to embarrass the Board or injure the him up innumerable friends—some of College by a conflict. This resignation was them in the ranks of the Populists. accepted by the Regents, on the ground, as one of them afterwards explained, that, while President Fairchild's work as a What was left of the Arbitration Treaty teacher had commanded their highest re after its emasculation by various amend, gard, bis views on “the distribution of ments has been defeated in the United wealth” and the advisability of an extended States Senate by a vote of 43 in favor to course in political economy in the College 26 against; the Treaty thus lacked four differed radically from their own. The votes of the two-thirds majority required Board immediately elected the Professor for ratification. The division was not of Political Economy President of the Col- along party lines, nor strictly along seclege, and re-employed several other mem tional lines; but, speaking broadly, the

« PreviousContinue »