The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1884-07-24

given to the public last Saturday and
as Il campaign document is able and
exhaustive. He takes up all the issues OF
the day and discusses them fcarlcssly
and SO plainly as not TO be misundcr-
stood and admits of the same construc-
ton whether read in Maine or Louisi-
ana, in New York or California. The
document is too long for our columns,
but we give some of the salient points.
On the tariff question he says:
Revenue laws are in their very nature sub
ject to frequent revision in order that they
may be adapted to changes and notifications
of trade The Republican party is not con
tending for the permanency of any particular
statute. The issue between the two partie.
does not have reference TO any spccihc law
1t is far broader and far deeper. 1t involves
principle of wide application and benehcen'
influence against theory which we believe
to be unsound in conception and inevitably
hurtful in practice. In the many tariff revls-
ions which have been necessary for the past
twenty-three years, or which may hereafter
become necessary, the Republican party has
maintained and will maintain the policy OF
Protection to American industry, while our
opponents insist upon revision, which prac-
tically destroys that policy The issue is thus
distinct, well defined and unavoidable. The
pending election may determine the rate OF
Protection for generation, The overthrow
of the policy means Il large and permanent
reduction in the wages of the American Ia
borer, besides involving the loss of vast
amounts of American capital invested in NAH
ufacturing enterprises. The value of the
present revenue system to the people of the
Uuited States is not 4 matter of theory, and
shall submit no argument to sustain it. |
only invite attention to certain facts of official
record which seems to constitute 4 demon
stration.
In connection with this question Mr..
Blaine refers to the almost phenomenal
growth of the country since 1860. Our
democratic friends who are constantly
ringing the changes upon the enormous
taxation endured by the people who are
grooming thereat, will do well to con-
slider the facts given by Mr.. Blaine.
He says that in 1860:
"The true value of all the property in the
States and Territories Excluding saves)
amounted to fourteen thousand millions Of
dollare( SI4, ooo, 100000 This aggregate was
the net result of the labor and the savings Of
all the people within the area of the United
States from the time the first British colonist
landed in 1907 down to the year 1860. 1t
represented the fruit of the toll of two hun
bred and fifty years.
Alter 1860 the business of the country was
encouraged and developed by a Protective
Tariff. At the end of twenty years the tota!
property of the United states, as returned by
the census OF 1880 amounted to the cnor-
nous aggregate of lorty-iour thousand millions
of dollars (S44 ,ooo, cOo,Ooo). This great re
countless millions had in tie interval been as
ted in the progress OF bloody war. 1t thus
appears that while our population between
1860 and 1880 increased Sky p1E c,nt, tie
aggregate property of the country increased
two hundred and fourteen per cent-3hJH-
ing vastly enhanced wealth per capita a
mong the people. Thirty thousand millions Of
dollars (S5o,ooo, 100000 had been added du-
ring these twenty years to the permanent
wealth of the Nation.
The period between 1860 and to-day has
not been one Of material prosperity only. At
no time in the history of the United States
has there been such progress in the moral and
philanthropic field. Religious and charitable
institutions, schools, seminarics and colleges.
have been founded and endowed far more
generously than at any preyiou, time in our
history. Greater and more varied relief has
been extended to human suffering and the
entire progress of the country in wealth has
been accompanied and dignhed by a broad
ening and elevation Of our National charac-
ter as a people.
Our opponents find fault that our Revenue
system produces Il surplus. But they should
not forget that the law has given specific
purpose to which all the surplus is profitably
and honoraby applied-the reduction Of the
Public debt and the consequent relief of the
burden of taxation. No dollar has been
wasted and the only extravaganza with which
the party stands charged is the generous pen
sioning of soldiers, sailors and their families
an extravaganza which embodies the high
est form of justice in the recognition and
payment of :, sacred debt When reduction
OF taxation is to be made the Republican
party can be trusted to accomplish it in such
form IS will most effectively aid the industries
of the Nation.
He further says:
Wages are unjusty reduced when an indus
trious man is not able by his earnings to live
in comfort, educate his children and lay by a
sufficient amount for the necessities of age.
The reduction Of wages inevitably consequent
upon throwing our home market open to the
"ollu. uCpiNN tntUl Vi tIlC pD"GI W
do this. 1t would prove great calamity to
our country. 1t would produce conflict be-
tween the poor and the rich, and in the sor-
rowful degradation Of labor would plant the
seeds of public danger.
The Republican party has steadily aimed to
maintain just relations between labor and
capital guarding with care the rights of
each A conflict between the two has always
led in the past and will always lead in the fu-
ture to the.injury of both Labor is indispen-
sable to the creation and profitable use of
capital, and capital increases the efficiency and
value of labor. Whoever arrays one against
the other is an enemy of both. That policy
is wisest and best which harmonizes the two
on the basis of absolute justice. The Re-
publican party has protected the free labor OF
America so that its compensation is larger
than is realized in any other country. 1t has
-,,,xJaJ ou, paoDla auoinSt the nm foir CONNIE