Savannah morning news. [volume] (Savannah) 1868-1887, 1886-11-18
PROTECTION FALLACIES.
a,prIsy,r, SPEAKS AT THE IRO-
OUOIS CLUBS BANQUET.

1{FlgI
,Io, Can Beget Prosperity--The Poor
nao,lathe Ones Out of Whom the Ex-
.io, Muat Come-The Few Benefited
attbs Expense of the Many
C,1cAGo. Nov. 1.-THE fourth annual
bopouet OF the lroquols CLUB occurred TO-
aiobt AT the Palmer House. Among the
large number OF distinguished Democrats
- rbom invitations had been sent, the
fotowing are among the most widely
,royn who accepted and were present:
cooakpr Carlisle, Senator Beck, Hon. Ed
ward :. Bragg and Hon. j. Sterling Nor
,on Letters of regret were received from
President Cleveland, Abram 5. Hewitt,
Roswell p. Flower, William G. Endicott,
parry Belmont, Cows. d. b. Hill and Fitz
Vugb Lee. A. g. Thurston, Fitz John Por-
ana 5. 5. Cox. After the banquet, at
which between 250 and 300 guests and
members of the club sat down, the follow
inv toasts were made and responded to:
mAmerican Industries, their growth
and prosperity cannot be promoted by
Unnecessary or unequal taxatlon"-Hon.
John &. Carlisle.
OV.ii ,Tne treasury Surplus and the Tariff
Senator Beck.
"Public Lands are the Peoples Heritage
for Homes'-Hon. w. j. SPARKS.
.The Great Republi3"-Hon. Nj. W.
Fuller
Hon. Edward S. Bragg.
"Monopoly shall Not Rule"-Hon. j.
Sterling Morton.
..FeHcity OF American Homes, the safe
guard Of American liberty'-Hon. James
K. DOOllttle.
the Democratic Party"-L. j. Ktnne.
"YOung Man in Politics"-Hon. +. n.
Lehman.
CARLIsLE's SPEECH.
After the announcement of the toast to
which he was to respond, Mr.. Carlisle,
VINO was received with great applause,
arose and spoke as follows:
Although the toast just read asserts self
evident truth, we cannot afford TO ignore the
fact that even IN this age of philosophical
speculation and practical knowledge there
are menln the front ranks of literature, poll
tics and business who seriously contend that
the government can make its citizens rich
and prosperous by taxing them. If these
gentlemen should attempt to convince the
wblic that the farmer could be made more
prosperous by increasing the tax on his land,
ur that the manufacturer could be benef ed
by compelling him 80 pay high rate of taxa
ton on his machinery or his income,
the absurdlty of their position would
he so apparent as to excite universal ridIcule,
tnd yet such proposition would be no more
4 a1surd or unreasonable than the assertion
that the prosperity OF the people generally
ian be Increased by imposing taxes upon their
iood, their clothing, their building materials,
Iher means or transportation and the tools
and Implements used IN their industries.
Taxes do not create wealth, They destroy it,
WHAT TAXATION MEANS.
4 All taxation whether it be direct or indi-
tect, and no matter how 1t may be disguised
Or in what manner Its payment may
be emf reel, is ultimately charge
liOQ LABOR, while It's Immediate
and invaluable effect Is to with
draw the full amount of eXaction
rom the productive industries of the people.
When 1t is equitably imposed for public pur-
poses only, and Its proceeds are honestly used
"a aeIraylng necessary expenses and meeting
Just obligations of the government all are
Equally benefited. and no one has "a right to
complain, but, when q tax is imposed upon
One part OF the people, or one class of indus
ules simply or the purpose OF increasing the
pFolts OF another part of the people or
An0tner class OF industries, or when a tax is
70 lalu mat Its necessary effect is to increase
al aus tbe prontS aH9onso III -, some Industries
nerltlous the impolcy and injustice of the
proceedings are too obvious to require COM
menI, Absolute equality in the adjustment
u Idtes OIL taxation and in the designation of
Htcles upon which it shall be imposed is not
looe expected and in fact not attainable, but
suoslantiai equality and uniformity are
EN-.
THE TRUE BASIS.
90 long as the power of taxation is eXer-
IseG only for the purpose of raising revenue
@ WI tne support OF the government the prin-
.ipIes OF equality and uniformity can be
seoosnlzeu and enforced, in large
.'siee at least, but when the power
I perverted and used to increase
iIh iIhhe Prohts OF private individuals and prevent
'e coHectlon of revenue by the government,
T. Is impossible to regulate its exercise by any
n "so VI prIhclple except favorItism and selfish
aeSs' In such a case equality and uniformity
" al NECESSARILY defeat Jhp obinpt n
.ne YAK bureau. 1t is evident that if all were
Soh oh pGG.eu M 10 pay equal tribute To each other
eVooly would be benefited, and it is lust as
st 'l"Jnt that II all do not pay equal tribute
.,oheDody must be cheated American indus
,ule.' ana by these l mean to include
ewpot honest ho and useful occupation,
E%AaStloh OF any policy Of legislation which
IScil inmates between them and compels one
trsoal uIiouIe part OF its own earnings to in
tEe "se me prohts or prevent losses in an
Yener. There should be no expatriated or
eI'gcullon Industries in the country There
.,gii,,nps lou,u ps no ranks or degrees among the
s"ImaIe occupations of the people, nor any
au ,9au 10 the favor or bounty of the govern
"ouV not open TO all alike.
EVERYBODY INVOLVED.
10 Ane mining and manufacturing and occu-
I 'oHe dependent upon them are great and
6ron,oe .1u"1,e Industries should be cherished and
ssnrnoteu IN every proper way. They afford
.uiPoyhentto many millions of capital and
ly Na1y thousands Of laborers, and their pro
,,,rS SVhtilDute largely TO the wealth and
Inn r''ort vi, OF me people, but they arc not by
~ means the only American industries
,r A. tGe G households OF the poor. IN tue fields
NV loresls, IN the mines and factories In The
,5's ana shops, on the railroads and canals
rivers, on the high seas--every where
Ett are american industries struggling
MY 'eH Nle mighty forces OF nature and subdu-
,s, s, gCoh olnlng and utilizing the elements Of
ly'to 1nG . ur, ana any view Of our industrial
becss'a bi " !c1 i.!c1 lalls TO comprehend all these
soncE,''iII ~ leads to partial and erroneous
vb,tIUsIoha' Iaklng that broad view of them
ba 'ow Vom prehends the smallest as well as
.nc 5'teauest ana appreciates the interests Of
BIZ "uOiS instead OF part only, it is impossl-
sar,, o uluel stand how their growth and pros
fr9 cah be promoted by taxation in any
,iu' IL Is not difficult TO see how a system
h,os prevents competition and
1,diStUore increases prices may enable an
iuil,". uuAi uAi VINO mas capital involved In par
MAJ 'ar lhuustry 10 realize profits instead of
p1., us losses, but 10 is manifest hat this
rs' a,Ways be done at tho expense of tic
feueroi ,9 VI ms products, who are also as a
u "r',. ,. u.e .e engaged ia industrial pursuits.
,,ss'S such case the actual losses are pre-
ape,' we same IA II competition had not
pieNenled and prices had not beeu in
naItH pul instead OF being borne by the
i,l "'u@ VINO carries on the bus meas they
tr. upph the purchasers Of his products and
irlelp p"'" out oi the earnings OF other indus
BONUS FOR A BAD INVESTMENT.