Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-12-30
MONOPoLIsTs HELPING FREE

We have expressed our satisfaction with
the proceedings OF the Kelley committee,
which is carrying cut ably the good principle
that when a law is bad one it should be adj
ministered strictly, as that will show its
evils and insure their correction. The COM
mittee is putting up protective duties SO
high that it is doing more 10 extipguish pro-
teciion then all the efforts Of the free traders
can accomplish. From the old Wing times
the New York Tribune has been consistent
protection paner; it has fought many hard
battle, and is a veteran in its mistaken
cause. That paper, rendered sagacious by
experience, scents the danger, and admins
ters cautionary lecture to the rapacious
protectionistP, hungry brood whose zeal for
spoil is making them forget prudence.
The Tribune warns these harpies that
'if they insist upon going further they
may fare worse. A congress has been elected
which will begin to legislaie within year
from this time. If duties have not been re-
duced already, there is a great deal of reason
to believe that reductions will be made by
that congress which the manufacturers will
not like" This is good reasoning, but the
desire to acquire, to get-rich with big
profits, blinds avarice and spurs cupidity, and
the graspers will lose what they have by
stretching out their arms for still more.
So selfshness and wroBg continually befray
their own cause, and defeat their own efforts.
The Tribune acknowledge that tn-ss walk
ing graves, ever crying "Give, give" have
the right, of course, 10 resist the compromise
now offered, and to defeat it, if they can, but |
it might be well for them TO consider how |
much they will gain by so doing;" they will |
lose the aid of many who consider the pro- |
posed tariff a reasonable compromise, |
but who will demand still lower /
duties If manufacturers prevent the /
adoption Of what the commission proposes. |
PLAINLY" the Tribune goes on 10 say, "ihe
choice lies between the tariff proposed by /
the commission, which can be enacted, and
much less satisfactory one which the next
Congress will be likely to adopt il it find /
the present duties in force" Speaking of |
that greedy herd, the iron interest, tdat wants
10 put the iron cotton-tie duty to more than
twice the present rate, the Tribune, with
foreboding OF what is coming, and what |
these IRON men of unappeasable appetite for
prey are bringing about, says: "The labor of |
defending American industries would be far
less difficult than il is if the men who are
Immediately most benz flied thereby would
not make claims that are entirely indefensi-
BILE" That sentence we'll justi6es what
the APPEAL has long commended, and for the
APPEAL and the Tribune 10 estimate the grasp
ing rapscity of the monopolists OF their
value is not a common occurrence. The
Tribune speaks from principle, such as it is,
but the mOnopolist acts from pure greed.
What to him is the prosperity Of the couu-
try, or the advance OF manufactures? he
wants money, be wants to build up fortune
and be rich, rich enough 10 exclaim with
one Of the arch-monopolists: Oh the
public" The Tribune, alter showing up
some details of the grasping efforts that are
making TO secure high protective tariff in
spite Of the indicated will OF the people, and
exposing some of the Wholesale falsehoOds
resorted to in support of the cry Of more,
moreF from those who want to live and
i've BY levying tribute on their fellow
hses8n---ssvs despairingly: "Tbe result, as
Il " Falls Seaa~