Richland beacon., 1888-09-22
RAINIlIE, HIGHLAND PARISH La. SEPTEMBER p. 1888.

how apprehension gradually changed to
confidence, how then shrinking business
put on bold and enterprising face; how
throughout every rart of this land our
affairs have prospered.
81 spoke few minutes since of the
former practice of differentiation of the
goods Of favored importers who made
the 'proper deduction for political en-.
pcnseS," as euphcmistic Senator has re-
Gently put. Note these figures, and see
if there he Significance IN them. The
fiscal year ending June so. 1sSj, which
embraced the campaign Of 1891, yielded
customs revenue of but S1S1, 900, coo,
which was fli, ,00J. 600 less than the pre-
vious year, while during the first year of
this Admin tration they yielded S93,-
600, O0o, during the second year S217,-
000, coo, and during the third year S220,-
G0n coo. Is there no significance OF
political methods in the sudden drop of
81 600, 900 in the value Of imports dur
ing the campaign year and the prompt
restoration in the followings
81 ook, also, At the internal revenue
for A moment. The collections for the
fiscal year, 1SS5, the last Republican
year, 81 II, 900, 900: for 1856 CCleveland's
first year., Sll7, ,00), ,0o0; 1884, I$1i?,0 o.
600; 1888, $125, 0oO, O06. In both these
departments, the cost of collection" " he
said, had largely decreased under the
present Administration"
The Secretary then compared the na-
val administration under the two parties;
the restO alton of lands to the public do
main, and the removal of the Cattlemen
from Oklahoma. He maintained that
the Administration had treated the pen
sion question literally.
"Much has been said of the private
pension bills, and there has been much
effort TO ma'ntan a theory of ill will
cause of his vetoes. Yet already more
such bills have passed into enacted law
under him than under the Administra-
tions of both Arthur and Hayes, and by
the end of his first term the number
will he larger than during the Admins
tration of Grant, Hayes and Arthur al.
together.
"Another thing to the credit of the
Administration was the second emau.
cipltion" of the colored man-his cman-
cipation from fear of the Democratic
party and the restored dominion OF
peace and fraternity in the land"
The speaker then took up tie tariff
question and dwelt uron it at great
length to show the dangers and pjustlce
of high protective tariff, and the ad-
vantages which would accrue from re-
duetion in import charges in the way of
enlarged trade and the decreased cost of
living. He said in part:
"What would all the money in the
world do for us if we had the whole of
it 1t 10 good for nothing, except for
what it will buy. What we need in ex-
change for our goods is what foreign
nations have to furnish us. Can we not
all agree at once that it Is a desirable
thing to gather wealth from other
nations in trade But what Is 1t to
gather wealth from other nationsl Simply
this, that We obtain from them
the products of other climes and their
industry in exchange for ours. Thus
we secure not only the utmost that our
country can afford for the happiness of
man, but the utmost that other countries
OF the world can yicd also. We gather
the wealth of the world, then, not by
what we make ourselves, but by what
We receive from others, and this is a
principle of political economy which no
party exigercy or class interest can ever
wipe away. But how shall we receive
from other countries when we fOrbd
the entrance to our ports of the articles
they would send usl How shall we
trade when we receive nothing in return9
Does any one suppose we should sell for
money! There IS in few of the coun-
tries whose trade We specially desire as
much gold and silver altogether as equals
the values we ought to sell them in
single year All the gold and silver coin
OF the United States hardly exceeds what
We now buy of foreign nations In any
year. Trade is exchange of goods. and
money is but facilitating convenience
to such exchange.
'Put away those hoary legacies of
feudalism, the laws which maintain the
rich upon the theory that the rich will
maintain the Government. Make laws
and government beneficial to all, and
trust the people to preserve them! This
il liberty. This is Democracy. These
tariffs which give monopolies of trade
and bounties to the few do but heap up
riches on them which others make"
Upon the sui; ;ect of Trusts the speaker
said:
"And but lately new device has
piled monopoly on monopoly-the in.
vention OF trusts. 1t has long been an
argument of protectionists that compe.
80 fon
would prevent the eAactiOn of the full
tribute which a protection duty would
otherwise enable. and hold down the
price of their goods to cost and rcasona-
BILE profit; and such might be the natural
tendency of CON- etitiOn, though never
realized to the extent Of their claim.
But do you tame the tiger by the food
of flesh and bioodl Combinations have
been devised and alteady successfully
elected in many of the great
lines of tariff covered production,
and under the r management prices have
BEEN again forced up to high water, or
warning, We who till our fields, in the
steel trusts to whose cJLeIs you contrib
ute so freely of your toll. Three years
ago steel was freely sod and easily pro-
duced, with abundant profit, at four
and half cents a pound. The steel
trust sent the rricc to ten cents in less
than single year. ana your plowshares
glisten in brighter significance of their
golden profits the moro you burnish them
in the furrow. Competition is lost in
combination, aud the producers of the
Northwest are under the load. Your
President pointed this all out to you in
his message, daring to encounter the
perils of their rover in devotion to the
int ests Of the people who had trusted