Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1886-11-22
nothing to do with the trade pockets the
50, 900 on the plea that American labor

manded. That case illustrates
THE PROTECTIVE SYSTEM.
The same is true in regard to cotton. to
bscco. petroleum, cattle hogs, provisions,
and You all know it. If foreign nations
England for eXample-shOuld adopt
our protective policy, and tax our wheat,
cotton, cattle, and provisions. allowing
| them to enter her ports free when shipped
from her own colonies, as we do in our
inter state commerce. it would strike a
| blow at Chicago from which you would
not soon rally. When Germany cried
''trichinG, and prohibited the introduc
ton of American pork into that country,
it simply meant that four shiploads of
Chicago bacon, then started. or about to
start, for Germany, should not land, he =
cause we would not trade with her on
fair terms The edicts and dis
examinations of France and Eng
| land against eur cattle and other products
all mean the same thing | must hurry
on. As said, a suggestion to men train
ed as you are in all matters pertaining to
trade is all that is needed. | am not II
free>trader All who read the part
took in the great debate in the senate in
February and March,. 1888, know that
can afford to stand on the record | then
made. Free trade produces no revenue
Prohibit0ry protection produces none
The only difference between the two to
| the people would be cheap goods under
free trade. dear goods under protection.
aud goods at half price simply meanS
double wages. The man who works for
a dollar day and must pay ST for coat
on Saturday night, swaps his weeks work
for coat. The man VINO works for 80
cents day aud gets the same coat for s.
is Just as well of. That, like the case of
Mr.. Dalrymple, illustrates that money is
worth Just what money will buy. The
lahorer Is just as much concerned in re
gard to the purchasing power Of his
wages as he is in regard to the amount
he receives. He needs sugar, blankets,
clothing and thousand things whose
price is doubled IN order to protect some
body. and bis apparent high wages dis
appears, he hardly knows how. But
government must have revenues sufficient
to support an economical administration
of public affairs, and, outside whisky and
tobacco, which are legitimate objects of
taxation, | agree that the balance of
needed revenue ought to be raised by tar.
III taxation, aud that it ought to he 50
adjusted as to be as near as practicable
uniform throughout the United States,
and that it should prosper, stimulate aud
encourage the largest
AMOUNT OF PRODUCTION
in our manufacturing establishments. re
moving burdens and charges, especially
on our raw material. SO that eur manu-
featured goods could be sent to Central
and South America, to Asia, Africa, aud
the islands of the sea, and give our fac
tory operative work for twelve months
Instead OF six, as now, with enforced
ldleneSs for half year Because of
limited markets their employers are con-
tent with monopoly. 1t is useless TO
talk about raising revenue direct by taxes
which must be apportened among several
states IN proportion to their population
as determined by the preceding census,
which shows. for example, that Alabama
has three times rs many people as Rhode
Island. while Rhode Island has three
times as much wealth as Alabama Taxa
ton proportional to population is, there
fore, more unjust and unequal than bad
tariff taxation. 4 few words about sur,
plus revenue of government and | am
done Of course they were produced by
excessive taxation, aud can only be prop
eriy stopped by reduction Of taxes
We can not lock up hundreds of millions
in the treasury without bankrupting pen>
pie by depriving them of their circulating
medium. God knows our proportions
are eXtravagant enough now, and surely
We ought not to buy bonds not due at
any premium holders of them NAV see tit
to demand Therefore nothing remains
that | can see except TO reduce taxes To
the point needed for wants Of govern
ment. II congress has not sense enough
To do that, and | am afraid it has not
rather than have the money locked up.
appropriations increased, or extravagant
premiums paid, | shall propose before
this congress adjOurns to loan the surplus
at, say : per cent. per annum to anyone
who will deposit the outstanding A. or
per cent bonds of the United States az St
curity, apporiioning the amount loaned in
the first Instance, among the states in pro
portion to. their population, and author
llIGT either party to cancel the trauSaC>
lion BY giving the other six months
notice. II the citizens of the several
states do not take their proportion.
would. after ninety DAYS. make it free for
all. Some better plan to get money re
stored to circulation may be suggested
II any of you can do it, hope You will
have no purpose except to keep the sur
plus in use TILL we can pay our debts and
to aVOld ii payment of exhorbitant prcm>
iumS The making of eXtravagant ap-
preparations is worse than locking up in
oar vaults the peoples money. and this
predlCated only on the assumption based
on the action of last session, that this
congress has not sense enough to reduce
the taxes. Needless taxation has brought
on all our troubles. The truth is, the
rights of the masses Of the taxpayers have
been but lightly regarded by congress for
many years. Greenbackers. always ex-
cluded from the payment of tariff taxes.
were wantonly repudiated when the $50
bonds were payable in 1869, though they
had paid for bonds at par and it was in
dorsed on their face that they should be
receivable for the principal of all our OBJ
legations. In 1870 new bonds were ex-
empted from all taxation. federal, state
and municipal and in 1878, by comb
nation Of the bondbolders with the cap
italists of England and Germany, the
standard silver dollar, with which all our
could be honestly and honor
ably paid, was clandestinely
STRICKEN FROM OUR COINAGE
Leading representative men of both par
ties, including Judge Kelley. who had the
bill in charge. Mr.. Blaine, Gen. Garland,
and President Grant. admitted that the
act was IA fraud. 1t was repealed in 1878
by the indignant representatives of an
outraged people over the veto of the