Morning journal and courier., 1884-01-22
ssProtective Taxes, 7,
Large Aud fence at Linonia HalI-PrOf
 Simmer AdArasSaa YnIa Students.

Large Aud fence at Linonin Hall-PrOf
 Sumner Addresses Yale Students.
 Last evening the largest audience which has been in Linonia Hall in the last few years gathered to hear Prof. Sumner talk on ''Pro- tective Taxes" All the seats and aisles were filled and every available spot of standing room was occupied long before the lecture commenced. Prof. Sumner gave brief sketch of the economic theories held from the earliest times to our own, and stated that the system now maintained in America was relic of the one which prevailed and died in England fifty years ago. He then took up the most obvious fallacies in the mercantile system and exposed them by numerous ex- amples, many of them amusing. tin mine had lately been discovered in this country. Tin at present was cheap. We could get in the market of the world ali we wanted at 8 low rate Now, however, instead of the dis covery of a mine within our own borders proving benefit, it would prove a curse, for immediately a customs tax would be placed upon tin and it's price would rise. The dis covery of the copper mines on Lake Superior the richest in the worId-had made that article dearer than before. The system was opposed to improvement. If our ship builders invested in larger and finer steamships, and one which will run with less coal at faster rate, it would be regarded as calamity, since it could bring to our shores the products of other lands at reduced cost. The protectionists assert that New England's manufacturers could net,live with free trade. In that case they were parasites on the rest of the country and should be set adrift. What the country wants is manufacturers not to buy them from New England. The lecturer cared not where he got his goods provided he got them for the least price. The wool raiSers in Ohio complained that they could not pursue their industry unless pro- tected. The lecturer thought the world would revolve if Ohio did not raise wool. If those men could not pursue their trade to so good an economical advantage as the people of Australia, they would better turn their attention to some line in which nature aided them. What we need to do IS to make the utmost of all our natural advantages, and makc. frcm them the most valuable product possl ole, sell this for as much as we can and buy what we want in the cheapest market of the world. Our agriculturists have had to bear all the burden of these taxes. The wages of their laborers have been kept high and the prices of the goods which they wished to buy have been higher than in other countries. Hitherto they had been able to meet this heavy and unjust tax ation on account of the richness of our vest ern soil. They had, moreover, supplied the food market of a great part of the world. But now more and more of the wheat lands of other countries are being opened up. The competition is becoming moro and more brisk. Our agriculturalists are becoming more and more pressed, weighted as they AIn ae &a1 factures. A crisis Is approaching. One or the other must give way. Many believed that sudden change to free trade would bring on commercial disaster. Of course when man or 8 nation has been pursuing a vicious course it takes a hard struggle to return to one of virtue and good sensS. But 1t was the lecturers opinion that if absolute free trade were proclaimed in the United States during the coming year the change would not produce as much misery as had been experienced by the protected in- dustriss during 1883. Our nation is young and strong, but it is burdened with many fol- lies inherited from former times. We have tho richest soil on the globe. It has noun tains filled with ores and coals. It has great rivers, wonderful water com munications by means of it's lakes. But before it can put these advantages to the use for which they were intended, it must throw off the hindrances and Instructions which have hitherto stood in it's way. Next Monday evening, MT. Hadley will deliver the second lecture of the course, his subject being, Boomers and Futures"
 The juniors have chosen Prof. E S. Dana to address them on the day of prayer for col leges.
 The University pine began to practice yes- terday, four candidates presenting them selves. For the present they will be trained by MT. W. c. Camp.
 The Glee club have finally decided to give the regular concert on the evening before the promenade in spite of the recent accident
 MT. G. Chase, 1855, is to take the part of the Chinaman in Penikeese. s. Booth, '94, and Thompson, 'S5, have been appointed delegates to the Inter Collegiate Athletic as sociation which is to be held on February 23.