The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-08-24
vote trausferred the national administra,ion to

pc correctly made, the full equivalent of all the
deposits in the savings and postal banks of the
whole United Kingdom. II the United King
dom had the same proportionate amount of de-
poslts In her savings ard postal banks as New
YORK, the sum total would exceed S.. 900. coo,
ana would almost Offset her gigantic
take another State which helped to
give the country a Democratic administration
Connecticut. With only little over six hun
dred thousand people at the last census. she has
sio2 600 600 deposited in her savings banks. Or.
IL You choose, without further considering indi-
viduai States. let US group New York with the
six New England States, and you will find that
tic aggregate amount 10 the savings banks
OF the seven States to-day is 81. 100 100000 The
amount in these respective States be-
longing to wage workers in every State
except Connections is reckoned at 70 per
cent. Connections estimates Go, while in New
YORK the estimates exceed 80 per cent But to
make the statement abuudantly safe. take Co
per cant fer the whole, and you have over
Sll5, COO 900 in the savings banks of the seven
States credited to wage-workers. To state the
fast in other words you fiud an American popu-
lation OF 100000 in which the present saw
incs OF the wage workers are four times as
great as the savings OF the wage-workers among
the 5000. 900 people Of Great Britai n and Ire
land.
'At this point the Democratic advocate of
free trade answers that these great gains to the
wage workers came from their industry and
protective tariff. Let US sec. For twenty years
preceding the enactment Of protective tariff,
In 1861. with the exception of short period of
between three and four years in
lei246, the country was under a
low revenue tariff precisely OF the kind
now recommended by Presidents Cleveland
and approved by ths Democratic party in Con-
gress At the end of that period the savings
banks OF New York and New England had total
deposits of $l49,O00,0OA Allowing the wage
xv0 rkara of hat a m hay tha
OF the total deposits as they now have.sthsir
share would be $97,0O0,0C0 We are. now
IN the twenty-eighth year Of pro-
tsctve tariff enacted by Republican
year as industrial experience enabled Congress
from time to time to correct and adjust Its
workings. How, then, stands the matter at the
eEd OF twenty-eight years OF protectionf The
wsge-workers of New York and New England
have Sis 000 900 TO their credit or nearly eight
times the amount gained under twenty-eieht
years OF free trade in the same States. The pop
ula.ion of the seven States at the close o. the
long era of free trade was $3.50 600, aud their
population in this twenty-eighth year OF pro-
lection is presumed to be l.. 1.000.0 600. The wage
workers of these States. toilDe under revenue
tariff such as is recommended by the President,
had earned surplus amounting to $l3 90 for
each person OF the entire population, while the
waee-workers for the later period under pro-
tective tariff, have earned 500 per head for the
total population; or, 10 other words. the average
wage worker, under q protective tariff in the
United States. has been eoabled to save five
times as much as the average wage-worker under
q mere revenue tariff.
But the Democratic advocate OF free trade
thinks that he can escape from the crushing
force of these figures by his favorite cry that
these earnings of the laboring man in New York
and New England have been made at the ex-
pense of the agricultural States in the West l
first snswer that manufactures are SO rapidly
spreading that there are no longer AGRICULTURAL
States in the sense in which that term Was used
a generation ago. Under q protective tariff man
ufactures are springing mp everywhere, and
already some States in the West--notably Ohio.
Indiana and Illinois-have an annual product
from manufactures amounting high mp into the
millions. But, secondly, answer that have
no need to interpose the manufacturing interest
In stating the progress and development or the
Wost For in twenty years of protective tariff
C@a'lh has increased in far greater ratio In
FIN agricultural States OF ths West thaa In
! the saven manufacturing States which have
adduced in the East. In 1861, for instance, the
six Western States of Michigan. Wisconsin.
Minnesota. Iowa, Kansas and Nebraska had
population of SOC, 900, and an aggregate wealth
by che census of 1860 of $3.50, ,000 0OO To-day
they nave population of perhaps 600.
the aqlal of New York and the whole OF New
England. We cannot give the statis-
tics Of aggregate wealth. either in the
West in the East, later than the
census of 1880; but IN the twenty yeare between
creased their aggregate wealth from $50, 600 600
to So, 80, ,000 600, increase of more than sew
en-told. New York and New England had three
times the population of these Western States 10
isbO. with an aggregate wealth OF IS. ICO. 600 OOO
To-day the population OF these States is about
the same as the Western States, while their
wealth in the twenty years between 1860
and 1880 increased only three-fold. amounting in
1880 to eli, 2S6. 600 000 The ratio of development
between the manufacturing States OF New York
md has
half SO rapid as that of the six agricultural
States which have named They have not,
IL is trne, the same amount Of cash to the credit
OF the wage-workers, but they have in great
and fiourishing cities, in long lines OF railways.
In improved farms, in the increased values iu
great cities, in new towns in the prodiRious pro-
ducton of grain. in the countless fiocks and
herds, an increase OF agricultural wealth to
which the expense of the Western farmer under
q revenue tariff bears slight a comparison
shat it can hardly be stated.
Lastly, the objection to the conclusions 1
present comes from the Southern Democrat
who, forgetting the interests Of his section. is
urging the revival of free trade. He considers
that the South has been robbed for the benefit
of the North, and hueeing this monstrous de-
lusion, he strives to place the Union back under
the old free-trade systems of the ante -bellum
period. Yet the benefcent effect of q protective
tariff can be even better illustrated by the re-
cent history and development OF the South
than by the progress OF the North. BY
tha census of 1860, seventy-one years
after the federal government was organized. the
Southern States, or, to describe them more ac-
curatey, the slave holding States OF the Union,
had acquired property amounting Ia the aggre-
gate to Sc. 500. 600. 900. One-thrd of this total
amount. or certainly over 81. 000, 000, QUO. was
reckoned as the value Of the negro slaves.
Eleven Of these States went into rebellion. at
the end Of which they had lost the institution Of
slavery, with all of IT'S assured money
value. They had used up four annual crops
for war purposes. They had lost all their
ready money and their stocks They had lost a
quarter of million of the youth of their land.
and had disabled as many more They had sub
jectsd all their'fsir and blooming section to the
blighting and devastating influence OF the sword
tn as great degree as the seven years war had
afflicted Prussia. or the Napoleonic struggles
had France. Coming out OF the war in 1865, de-
feated, discouraged almost destroyed, the South
ern people set to work. under the influence of
the protective system, made good the two
$1,000 000 000 which they had lost in slaves. re-
paired the ravaRes and damages of war. and iu
the short space of fifteen years they had ac-
quired, by the census of 1880, s. l00. .000 600 oil
property more than they had possessed by the
census OF 1860. If the financial and industrial
condition Of the South should be ascertained to-
day, it would be found to have two and half to
three times as much property as they had on
that direful day when they rashly fred on
Sumter.
"Nor must omit in this hasty review of the
condition of com munity under protective sys-
TEN to call your attention to our splendid States
on the shores of the Pacific. In 1880 the mines
of California had greatly diminished in value;
been largely developed; manufactures were not
rtad ha fota