The Portland daily press., 1886-11-02

w huu ucDDcI Ol our committee on
ways and means who was a mine owner, and
ne wanted to take the tax off Of minerals
anu ores. And everybody said. what q
good man! Owns mines; and yet, for the
R%seis ~ ms country, he Is willing to sacrifice
les certainly he did look like a vary oood
lilan. Ihere seemed to be a sort Of anreole
around his head. We ali looked af him
Win alnazement and establishment. But we
anestion ttSSiiy tSisy careful examination Of that
Dill FOR most people seem to forget that he
nad several bills; but ii was the first al thiS
years series. Haughter) II turned ont
that this was the fact; that none OF the ores
anything unless they were mixed with some
thlng else. There were two things 10 mix
lhem with-Miehigan or New York ores or
| spanish ores. He was at tidewater. and II
nc e9ulu get the Spanish ores for almost
was u he bought Michigan or New York ore
ana tne consequence was. believe, that ne
never seemed 20 us quite so thoroughly the
sen-ueyoted and disinterested friend Of his
country afterwards as he did before. And
l think ne himself didn't think he was when
ne got through. daughter and applause.J
~ Is a struggle. Why, Mr.. Evarts said 10
me not long ago: 1T Is strange that. in adj
.snlnlsstering n sg justice, the wisdom Of this world
tHa tpa', OoVo years has discovered no other way
tnan Tor both sides to hire man to exagge-
rate their sides, and then try to find out
what is the truth between them" That
wasn't quite fair description Of our lawyers
tben nbus1nshss sh because we never exaggerate, but
ANA that IS what this world IS after all: IL is
q struggle between interests. And when a
SCI OF men come up and announce that they
are 80 pure that their motives cannot be
questioned that there Is nothing 10 be- said
about their being self-interested-y NAV
De dead sure that they are trying 10 appear
What tney are not. When a man Is In the
importing business, he says, "It would be a
goqd thing II we could import some more
Ii ne Y In the manufacturing business. he
says, 1T would be good thing If we didn't
import so much. There Is the Struggle
But the question that you and i have 10 de-
eiae, tnose OF US who are not pecuniarily in
terested, Is, what, on the whole, Is the best
tning tor this country as a whole?
Another insidi0us method Of getting at it
Is 70 say: why, we don't want free trade;
'notning OF that sort; but what we want Is 10
cut down things; we want to keep them so
lhat yog manufacturers win have to strug-
g,e; Wen, what Is the good Of that?
why, the answer is, ito prevent monopo-
lies. why, with country $500 miles one
way and 5000 miles the other way, and with
ooOQ0,0OO OF people in II, l should like TO see
ea1stIy,g anyItGIny ge. Up an monopoly outside Of the
you may build system Of 5000 miles Of rafl.
road, and your monopoly don't last five
years. 1t Is utterly impossible The mo-
ment an industry becomes extra profitable.
that very thing is the destruction Of its
Pronts, that very. circumstance rings the
knell OIL doom to the monopoly, because, not
merely one man goes into It who ought 10.
put a dozen men will go into it who ought
not oi' To- ana the result Is that down go the
another such foolish bugbear as this talk
about monopolies. "a voice, That's so.'1
II there were anything needed to prove Mr..
ia iDarwln's theory Of the origin Of the species;
a m - 1.xn~ ~
gradual development OF the human race and
Ihe way u goes back to ancient history, /
think tnl5 would prove IL cOnclusiyelv Whv
two or three hundred years ago, the human |
race was Justly filed with wrath and indig- |
nation about real monopolies, and the flavor /
mas chung around the name ever since. and i
these men are utilizing today the Indignation /
OF three centuries ago. Some day or other /
we nave got TO meet this question. and Ii Il |
pretty near at hand. notice that General
three years. Well, the General Is a wise
man, and has had some words Of wisdom in |
MS time, II you will pardon me for saving so.
but IL Will not go beyond his prediction. be- |
cause Csns we % nave got only SloO,00o0oo Of bonds
more, about, that are redeemable. and we |
are paying them of at pretty rapid rate, |
can buy.
!, Now, mark the cries Of these men who be-
lleve in free trade. Mr.. Potter, of New /
York, Democrat introduced into the
House bill providing for the funding Of our
DOhus IN Such fashion and at such rate of
interest that we might have gone on for 20
years paying every dollar Of surplus ON the
puDne deDt, and yet never disturbed the ma
tlonal banks or given us real excess OF rev
enne. That bill Mr.. Potter never could get
out OF Mr.. Msrrison's committee on WAYS
and means.
that am going to interrupt myself TO state
20 you; that II you elect a Democrat, no
matter how much he straddles during the
election, you elect a man that Is going TO
give you the same committee on ways and
means that Is going to allow Mr. Morrison 10
do In the future precisely what he has done
IN the past. Now, what was his object in
refusing that bill of Mr.. POtter's? ii was to
precipitate this very situation, because when
we get through paying the three per cent
ponds we are face 10 face with bond we
have got to bus, and there are certain Interests
N THIS country that must have government
Donds-the national banks and trust estates
OF certain kinds and character And those
men are going to bid for those bonds,
high price for them, and the people are
going to be told that we have got a surplus /
revenue which we are wasting by paying an I
enormous premium on United States bonds. !
And And unthinking people are going to say,
I'VE must reduce that revenue" How? |
They all will say, Take of so much from |
the tariff" Well, there is a misleading set
Of terms; What does taking so much on |
Lhe tarln meanY Taking so much off the
revenue? Ihat Is what these people claim
And yet nobody who investigates 1t can fail
10 know that that Is false; that, ii YOU take
on from the tariff, you import more; and
that, while you diminish the revenue on
each piece you may double 1t ON ali Of them;
SO that you will have still more increasing
revenue, still more clamor, And where are
you going to end except in chaJs?
You have got to meet this thing You
must De prepared Tor IT. and you must be
for It from this very instant. /
sald that listened to that speech Of my
Massachusetts, friend with a feeling of de-
preston; and l did, because it sounded
solemn and true. That was about the end
OIL the period when you were spending SO
much time In exalting the Pilgrim Fathers
that you actually forgot something about the
education OF the Pilgrim sons, and today IL
does not seem as If that speech could be lis
tened to with quiet and peace
wish my friend was not here (referring To |
MIR. Ranney) just at this moment, so that l
could make personal application. But do
certainly hope that the wishes of the Repub-
licans all over the United States may be re-
spected In one district in the city. certain
~ hope that man with one of the most /
commanding intellects that has sat In the l
House OF Representatives for years NAV re- L
turn to do continued honor to the State Of /
great appladse), and that his
and honorable life NAV meet
the approval of the straightforward and
citizens Of Massachusetts. loud
applause)
regret that il is not in my power, owing
% be obliged to 60 elsewhere, to say any
thing more to you. But am very grateful
70 you for the careful attention which you
have been kind enough to give me. Great
md long continued applause9
RAILWAY MATTERS.