Editorials.

FINANCE; LOTTERY laws; EUROPEAN Union; PUBLIC spending; UNITED States. Dept. of the Treasury; TAX reform; TARIFF

The article focuses on some issues related to finance from different countries of the world. Sixty or seventy years ago, State lotteries were thought a perfectly legitimate mode of raising money for the Government, and gambling was looked on as a harmless amusement. Within that period, however, a great change has come over the public mind. Lotteries have been prohibited in England, France, and Belgium, and in most of the States of the European Union, and gambling houses are put in nearly every civilized State in the same category with brothels, and are exposed to the full rigors of police suppression. In the report of the First Auditor of the Treasury for 1888, there are six items of expenditure by the U.S. Treasury, which deserve examination by taxation-reformers, tariff-reformers, surplus-reducers, reform clubs, voters of every sort, and especially Democratic voters.