New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-02-02
4 HOME MAR1ET MASS MEETING.


GENERAL DRAPER, JOHN JARRETT AND JOHN r.
SEAMAN ADVOCATING PROTECTION IN BOSTON.
BOSTON, Feb IA large meeting was hold in Tre~
mont Temple tonight in behalf Of protection under
the auspices of tho Homo Market Club General
w F. Draper, tho lIoredalc woolon manufacturer,
presided and spoke of tho great Importance of tho
tariff in the political campaign, and OF the Importance
Of protection to the manufacturing interests Of this
country. He referred to tho advocating Of free tradd
By President Cleveland and the various college pro-
fessors He said:
Different arguments are advanced 10 favor Of this
change different parts Of the country In che West
benent of the and mechanics cSSe East:
that said and mechanics cannot hold
they should out OF business change their vocation
rop"a hence It sad here First that the
reduction Will enable our manufacturers 20 find foreign
and second, tina, the ability and shrewdnoss OF
uscturers Is so great that hold own In spite
Replying TO the first point It seems sufficient answer
10 say that an overage 40 per cent duty necessary
cept in certain special industries absurd to ak
produce 40 per cent cheaper than we can Replying
10 the second suggestion If Manufacturers have ne
fr1onds credit them WITH their opinions ough; to be cob
sidered as Of some value and II is q we-known iact
manufacturers opposed to any change that Will d.
minsh our present ADVANTAGES u our market
Inc interests Some are to-day sufficiently protected so
that foreign competition not affect them reduc
zion OF protection such manufactures Will not affect
either revenue or consumers unless the
change great to give the foreigner nm opportu
lty to import goods in which these interests will
he affected like those which will next refer These
others and the industry In which am engaged Is one
OF them active competition In our own market
with forelgn producers under the present tarh Any
Iessenng their protection Will therefore bring so
much advantage to the foreign producer and 30 much
disadvantage 10 the American. For every additional
OF the change pound yard less Of American goods
Will be made here. 1t seems TO me simply question or
arithmetic If foreign article costs 20 cents, and with
the duty added he sold here for dollar while the
the American article Of the same kind requires
it's sale at a dollar such reduction Of duty as Will allow
the foreign he sold here at 90 cents must pro-
duce one OF two effects: Either the American cost must
lie lowered the American producers must go out OF
business apast losing his plant the mechanic or
laborer special Skill and the country valuable In
dustres. That this would be public well as pri-
waite calamity, / think you Will agree. me Free
Traders however propose another plan OF cheapenng
called raw material. Making wool free and pig iron free
might lower the cost of the production of American
woollen mills and machine shops but in that case other
American industries would DO destroyed TO the general
loss The country wants wool raisers as we'll as wool
len mills 1t needs iron mines well as machine
shops.
The other speakers John Jarrett, of Pittsburg
Colonel A. s. Colyar. OF Nashville and John f. Seaman
The latter fairly capvated his audience by dis precise
and effective of presenting the points he desired 10
make, and by his dry numor and quaint anecdotes ne
showed clearly and fOrobly the value or protection 10
this country spoke OF the great interest the SOUTH
felt in this question number OF new members )oineu