Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1888-10-31


those that exist now But in revising
them we propose to have IL effected by
those familiar with the needs of the
nation, by doctors, not quacks. [Tremen.
dous applause
him, such as the Philadelphia Times and
the Philadelphia Record. these claim that
the Mills bill is only reduction
Of Al per cent. Let MS See
we collected last year S9f4. 900. 600
through tariff upon foreign articles inn
ported into this country. III the reduc.
ton IS only per cent. you would readily
see that the reduction would be about
SlO, 200 600 Now this Mr. Mills stated
that the bill would affect a reduction Of
over S1O,OOO, 600 A reduction Of
$50 600, 600 means n reduction Of between
"a or % per cent instead Of per cent.
taken by item for item Tor item of nearly
90 per cent.
Mr.. Bayard dwells upon the surplus
and says II ought TO be in the channels
OF trade whore it is needed The Treas
ury IS congested and lies there idle, use
less. Has not over 500 600, 600 Of it been
deposited in favored national banks, and
Is any one foolish enough to suppose that
they omit to put it in the channels Of
trader Mr.. Bayard would have You be.
lleve 1t is this congested condition Of the
Treasury, the absence Of q part of this
money from trade channels. which causes
danger Of panic or the depression
which exists in certain quarters.
lie refutes his own statements,
for in another place he says the
holders Of government per cents when
asked to sell them and accept cash,
actually ask 81, 300 for per cent 81. 600
bond. IL they needed money SO badly
does any sensible man think they would
hold on tenaeiously to per cent. bond2
No And again Mr. Bayaid answers his
own arguments when he says nothing IN
the world is quite so timid as capital.
II IS because business men have not con
hdenee in the present administration that
they prefer to hold on to a ! per cent.
bond rather than to sell it and invest the
money in new enterprises. Speaking Of
our home market the grandest home
market the sun ever shone upon.
Mr.. Bayard says, intercourse between
our people is free as the air. There Is
not a thing that is made in any corner Of
the Union that cannot be ordered by any
American and come to him as quick as
steam can deliver it, What has become
OF the awful taxes which Mr. Cleveland
and every lesser light in the Democracy
says are added to the cost of our home
productions by reason of our iniquitous
tariff Mr.. Bayard says If we 90 on pro
dncing, prices will fall down (they cannot
we'll fall up daughter If this be true.
will not the oppressed consumers. about
which they are so solicitous be bene-
fittedi Is it really true that Mr.. Cieve-
land, Mr.. Bayard, Mr.. Carlisle and others
do not want the prices to the consumer
loweredg II so what becomes Of all their
attacks upon the tariff He SAYS that even
so far back as Franklin's time it was
to pass laws to prevent fore.
stalling a species Of cornering or form
ing trusts to advance prices | am glad
some one has learned and been willing to
admit that the tariff which we now enjoy
is not responsible for trusts In Franklins
time. Mr. Bayard further on
makes an admission that is
rather hurtful to his cause
He wants to throw open our own markets
that we may be permitted to compete ia
the markets Of the world, and then he
speaks Of Mexico and says a Wilmington
mechanic makes as much in one day as q
Mexican laborer does in a week. Can
we compete for the market of those
16, 600, 600 people2 But he then instances
China where the wages reach the boun
tiful sum Of between 81 and 4 cents per
day Does he expect us to make much
progress in competing for the markets of
those 450, 000, 600 people? Do we want to
compete with the 200, 000 600 in India
where labor is from to cents per davY |
With the LOG, 600, 600 in Russia 1000. |
900 in Turkey; or the millions Of Asiag !
No. But don't forget this great foreign
market is very uncertain, and a very |
dangerous one, and one very fun Of com
petition now.
The great cry now is free raw mater
al; that the poor man was paying too I
much for his blanket, and this cry has
been going the rounds Of the Democratic /
papers They assure you that the effect
If duty placed on any article is to raise
the price of that article Just as much as /
The duty is. in a few words. if some
thing cost 81 and the duty is SO il costs
you S., then the price of that article il
raised 50. 1t remained for Mr.. Endicott
to give us an example. lie recently adj /
vertised for two Thousand pairs Of /
blankets for use in the army. The aver
age duty is about 81 so pair The bid /
was advertised in England as well MS in |
as the goods were for use ia the
army, foreign goods could be brought in |
without duty. Now if the claim of Mr.. /
Cleveland, Mr. Carlisle. Mr. Mills and |
others be true the result Of the exemp
tion Of these goods from the tariff should |
nave enabled the foreign bidders to name |
\ figure $1.50 per pair less than the
American competitors. Whereas when
The bids were examined It was found that
The lowest English bid was but 81 cents /
! pair lower than the lowest American
Did.
Mr. Bayard also said They even put
n their bill clause that would result in
putting back the tax on fresh fish. Is a
'resh fish manufacturer Is not fish not
'nly food Of the people but the most
'ountiful supply almost ever known?
t simply comes and goes, and the fresher.
he less manufacture about ii and the
,stter it is. This statement of the
present United States Secretary of State
hrows some light on his recent attempts
o surrender the rights Of our New Eng
and fishermen. He did not know there
vas such an industry as fishing! Mr..
3ayard did not know that fish had to be
aught He evidently supposed they
liked being devoured so much that they
ust jumped out of the water into the
ook's frying pan. He has not heard Of
he thousands of brave sea faring men
Fho bid loving good byes to their wives
nd children and go forth to breast the
mighty waves Of the sea in their vessels
hat they might by that form Of honest
Industry catch part of TINT hnnnfifnl |