National Republican. (Washington City (D.C.)) 1872-1888, 1880-10-23
DEMoonA1Ir rAEIFf HISTORY.

The following cursory review Of the po-
lihcal history of our country, so far as it
affects its industrial interests, should be
seriously considered and pondcrod by every
clector before he decides upon which party
he will intrust with his interests and well
fare.
History informs us Chat prior TO the re-
bcilion but four great commercial reyul-
sions had taken place in this country since
the ryoluion. The first was from 1888 to
1871; the second from 1915 to 1924 the
third from 1857 to 1912, and the fourth, in
1857, is within the recollection of compare
lively young men. At neither of those
United States bank or protective tariff
History proves beyond doubt or cavil that
general pecuniary suffering and final bank
ruptey of thousands have only taken place
in those periods in which protective poll
cics did not exist or had been abandoned
Indeed, history proves that commercial
revulslons were the very things on all
occasions which induced the adoption Of
protective measures to relieve the country
from its suffering and embarrassment. And
never Were they adopted but they produced
the desired effects, and even more than
was anticipated by the authors of them, as
the annals Of our government show.
The first revulsion induced the adoption
Of the present form of government for the
very purpose of instituting those measures,
II tl,oN 81
second came in 1915, three years after the
expiration of the old bank and the mad
equacy Of the tariff and induced the re-
yiyal Of those measures of the old republi-
can party. The third came in 1887 The
second United States bank charter expire
one year before, and the duty had been re-
duccd 10 twenty per cent nd valorem under
the compromise act Of 1888, and universal
suffering and bankruptcy prevailed both OF
the government and the people. The re-
publican wing party having once more OBJ
tanned the power, the cry went up from
all parts of tho union for relief, which in
duccd the adoption Of the same policy
which had delivered the country from its
embarrassed condition ON two former &C.
casions. This gave the country the wing
act went into effect preparations for manu-
featuring, mining and other branches OF
industry began toroviye. Dismissed work
men in all the agricultural and manufac-
turing portions of the country again found
remunerative employment Let anyone
refer to the papers of the day and he will
see how remarkably the industry Of thC
country was revived. But, unfortunately
when the country was fast recovering, but
before it was entirely free from embarrnss
ment, the same reckless party who brought
on the former disasters came into power ani
arrested The progress and prosperity Of tn,
country by again Overturning q Just Ant
wise protective policy, and that, too, ngains
the almost universal remonstrance of the
people, and instituting a policy which hal
never tailed TO bring on universal distress
and suffering.
The democratic party in 1874, viii
JAMES K. POLK as its standard-bearer
were successful on false pretenses, In tht
tariff state of Pennsylvania q downright
swindle was practced upon tho friends 0
protection, n large portion of whom wer
ignorant of tho views of Mr.. Polk on tn
tariff question. Mr.. Polk had, in 154G
when candidate forgovernor of Tennessee
written a letter for publication. addrosse
to the people of that stnte, in which h
said 81 had steadily during the periO
was a representative in congress bee
opposed to n protective policy, as my re
corded votes and public speeches prov,
Since / retired from congress / have he'll
tho Same opinion. In the present canvas
for governor l have ayowed my opposition
to The tariff act of the late wing congress,
(tho act of 1922. Yet his friends were noy
(1s41) circulating letter through th
democratic papers of Pennsylvania write
by him to Judge JONI X KANE (fathc
of DR.. KANE, the arctic explorer, repre-
senting himself rs in favor of reasonabl
protection to home industry, Aud to Civ
greater effect TO the fraud the motto in
scrihed on the party banner was, "PoLE
DALLAS and tho tariff Of lsl2.' III
ticket was voted for by the honest bu
doluded Pcunsylyanians WHO gave the elect
oral vote of that state 10 POLK. No soone
was Mr. POLK iuaugurated than he com
menc.d with assertions and argument
against the protective policy aud IN G,yo
OF free trade. All his annual message
teemed with these assertions aud argu
mens, and were calculated II not intended
to mislcad the people on the subject
Early in this administration an attemp
was made to destroy the protective policy
but it did not quito succeed, But in 1916
Ahere being democratic mpjorhes IN boil
houses Of congress, tho policy Of tariff TO-