Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1888-09-10

amount levied for duty in addition to the
purchasing cost. The coffee which cost or
iginally ten cents, if taxed ten cents, would
sell for twenty cents. The Republican party
say that those industries that can be built up
by utilizing the timber, by spinning the cot
ton, by mining the ore. which supply all hu-
man want may require, which We can our
selves build up, ourselves will build
up, and we believe that home
competition will always afford reasonable
prices TO the consumer. The Democrats
say mo, that is not the way. You must
tax uniformly, and as small a tax be levied
as will produce the revenue adequate to al
minister the government" Now, the revenue
is not the important thing. The method of
raising II may become of even greater i'm
portance than this. l propose TO submit
few reasons that trust will be persuasive to
concord with me. The immense revenues
necessary for the prosecution of the late con-
rict were the result of the high protective
system then for the first time in vogue, and,
Notwithstanding The waste of war, | believe
It is fact, that each hour after that protec-
tive system was insugurated the American
States grew richer and richer. This led to an
examination of the merits of the system, and
II was then that, as il had before opposed all
means for the restoration of society and the
reconstruction of the country, the democracy
came forward in violent opposition to the
protective system and maintains that same
relation TO the subject today. She SAYS that
IN establishing industries you favor monopo-
ly. The republican answers. monopoly is
unknown TO the general law of the republic.
II there is favored the production of any
special article and man engages in
1t, his neighbor has an equal right
to engage in it. That disposes of
the democratic claim. They say: You
are giving one benefit at the expense of
all others. You protect this production,
hut you tax the consumer. We answer that
competition chcapens the price. 1t is truth
admitted by all that there are but few arti-
cles of American manufacture that you can
name that cannot be bought cheaper this
year than last. Prices have gone down un-
der the influence of home competition For
an illustration take salt. Salt in 1860 was.
as saw stated upon the authority of my
friend, Mr.. Horr about $3.50 a bushel
rhe price steadily went down. There was !
tariff of 60 per cent on salt at that time,
| think. In the progress of time, and under
the influence of competition, today with
protective tariff of 30 cents, you can buy
salt for so cents a bushel.
MIR. Nancy then discussed in an able man
ner the benefits of protection, the wage ques-
ton, and similar topics, presenting his argu-
ments in a fair and candid manner, aud
drawing his conclusions from irresistible
logic. He said in 10 &c u ION:
Gentlemen, if have made any statements
that will influence the the fortune of the re-
publican party favorably, am more than
content. With the best wishes for your
happiness, bid you hearty good evening.
Applause.
Many of the audience thought the meeting
was over, as Mr.. Nancy was the only gen
ileman advertised to speak, but Mr.. Stevens,
stepping to the front, requested the audience
10 remain for a few moments and listen to
gentleman from Pennsy lvania. The latter
gentleman entertained the audience for half
m hour with a very pleasing speech. His
quaint expressions, humorous anecdotes and
iptly stated truths ELECTED much applause
from the audience. The audience dispersed
At late hour, highly pleased and fully de-
Iermined to do their duty as good republicans.