Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1888-10-24
South, ana they reserve the pecunf ry conrrrDu-
tiQus yuhQll1 tila Nnit horn fold

South, ana they reserve the pecunf nv cOnUrTDu-
tions wholly for tho Northern field.
Fellow citizens, ] have named five trusts in
which all the evil hat can come from trusts and
all the various shades of the evils that might
come from trusts are consp cuously promnenl.
pause now, and If there be Democrat i'll this
assembage / ask him to tell me one great trust
in this country controlled by Republicans with
any political connection able to exert any
power of the kind I have named. No reply
came from the great throng and Mr.. Blaine
Droceeded.l Some one may, perhaps, say The
Street Rail Trust" Well if there be q steel rail
trust 1t must be privately known to the Demo
Gratis who make the accusation, for it has GER
tainly never been known to the public, and, as q
matter of fact believe, only exists in Demo
cratic imagination or, more probably still, in
Democratic invention. But l avail myself OF
the opportunity that the mention of steel rails
in reference to the salt trust. Steel rails in this
country, under the influence of high protective
tariff have dropped in twenty years from $115
down to S31 or $32 and have in fact sold as low
as $3.50 per tom All this result has come
about, of course, by way of illustrating
the Presidents doctrine that tariff duty
is invariably added to the cost of the article.
This fall in price has been steady and contin-
uous, and If there is Steel Rail Trust it GER
tainly has been one that worked, not to keep up
prices, but to steadily lower them. But the
Democrats clamoring for free trade in steel
rails, or for such low duty will permit free
import ations of rails from England. Well. sup
pose they should attain it. The men engaged in
the steel rail business have just sha p eyes
to their interests wellington r. Burt has to
LIE SalU interest III MlCu1SdQ. w udG WOuIl
happen? Would it not be the easiest thing in
the world for the fourteen steel rail manufacture
ing Adjustments in this country to unite with
about the same number that exist in Great
Britain and thus make the price of rails what
they choose, selling them all the time at
the highest price that the purchaser could bear,
thus Illustrating anew and afresh that it is free
trade and not protection that gives the wide, the
1imitless field of operation through the system
Of trustsP For. I repeat, as unfinished before,
that international trusts on the basis of free
trade cannot be dealt with and controlled as
domestic trusts that may grow up under the
protective system.
Finally, gentlemen, the subject of trusts
let me say that with all Mr. Clevelands denun-
citation of them and oil the support his party
gives them, he failed and terly failed, to Strike
the point of objection TO them. You will find
that described in language as clear as amber in
the letter of acceptance OF Benjamin Harrison,
our candidate for President in which he neither
withholds nor exaggerates, nor sets down aught
in malice. but vindicates with peculiar power
and peculiar directness the position which the
Republican party has uniformly he'd the
whole subject; and commend you as 1 close,
to q new reading of the two documents-to Mr..
Cleveland s free-6rade message and to Gen. Har-
rison s letter of acceptance.