The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1888-08-09

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n ciosias NJ Usullsvss ssid be pro
rosed b az Iew qaesiioas and he woul
lite soma Espubliess to answer him fairl
saa sqBaray He would not Allov
7 speesb b.; il ana, be plsin ycs OF nc
Tie said be vas ia favor Of that protec.io
z wbieh leeds 10 ultimate ifec trade 40,
ssked very earnestly whether or no be va
night or wrong. Republican In th
audience arose and answered no. o'Sul
liran said thai vas bis doctrine aud IL va
good Eepablican doctrine because b,
quoted the words Of Garfield. This is
very old Chestnut We have seen II quot
ed ut leAs, fifty times 10 the last sir monihI
10 Democratic papers. but whether Gar
Geld ever said II or not we do not believ,
10 such kind Of protection. neither is i
the doctrine OF the Republican party. Il
IL rather amusing that the Democrats
ate ioreed 70 back up their arguments by
quoting from Republicans. but every Re
pnblican, With them is pretty good an
ihorliy after be is dead aud gone. They
now praise Liaeol 10 the skies but while
BE- was president some Of them called hin,
az ape and baboon. They can praise oil
Of then down 10 gallant Phil Sheridan
bot II Sheriian were the Republican can.
didste 20 day ". should expect 10 hear
very lnt'e praise for bim from the Demo
cra's. Toe speaker landed III. gallant
Johu BARR, whom be "a, led the iaiher oi
the American ussy, bn. be had not time
to mention poor John Rosch whom the
Democratic administration bankrupted
aud hurried into his grave because it
would not sceept his iron war vessels
which he had built according to contract
and which have since proved themselves
to be all tha, was required OF them.
Referring to the doctrine, of "Protec.
tion that tends TO ultimate free trade we
repeat that we do not believe in il for the
simbie reason that the country tried it
once With disastrous results In 1882 we
bal high tariff under which the country
was very prosperous. 80 much 80 that
theirs VAS a surplus 10 the treasury which
was deposited with the several states nc.
cording to population. The states used
il differently. Ia Vermont it was divided
among the towns to be placed at interest
and the income to be devoted to the sup
support OF the common schools, and every
year since each school district In the state
has bad its share Of this income, thus
lessening the school tax. We sincerely
wish the surplus then had been larger aud
our school taxes for the past 80 years
would have been lighter. The cotton
states were not satisfied with the high tar
riff OF 1892 and South Carolina threatened
to secede unless it was wholly removed.
The matter was carried into congress and
a bitter fight resulted. To get over the
difficulty, Henry Clay proposed his famous
compromise bill which provided that ten
p er cent. OF the tariff should be taken of
each following year, and this was protec-
ton that tended to ultimate free trade. He
undoubtedly thought that when the PEG
pie saw that lowering the tariff was pro
ducing bad results they would vote TO re
peal the law, but large bodies moved
slowly then as they do now. The jugular
vein was cut and there was no way to stop
the flow of blood until the country was
bankrupt. Not bank in the whole
country stood the pressure. The only cur.
rency in circulation was composed OF shin
plasters which were rarely redeemed and
were used only because there was nothing
else. O'Sullivan says this great panic was
the result Of the distribution Of the sur
plus. II is the first time we ever heard
the assertion made and we simply don't
believe IT. The people Of the country in
1910, the first national election that fol
lowed, did not believe it for they buried
VanBuren who was unanimously nomi
mated for second term under an ava
lanche. This was the result Of protection
that tends to ult innate free trade.
Mr.. Reddington said be regarded the
period between 1850 and 1850 as the gold
en- period Of the republic. 1t ought to
have been and would have been
but for the low tariff OF that period. We
show by short article in another place
that during this time the government was
constantly running in debt and 10 1860
when it borrowed money to meet running
expenses ii was obliged TO sell its 6 per
cent bonds for so cents on the dollar
During those ten years we received from
California gold mines 1856, 900. 900 which
ought to have made us SO much richer but
the fact was that almost all OF it went to
foreign countries for goods that ought to
have been made here. The balance Of
trade against us those years averaged nearly
$50, 900, 900 year so that it took all OF the
California gold but s55, 900, 900 to pay it.
Had it not been for this gold the country
would again have been bankrupt
Mr. Reddington thought with free wool
and free raw materials we can compete in
markets Of the world. With one other
condition we might, and that is that wages
be the same as they are 10 other countries,
but our home market is the best and we
IN o hi To keep nv a protectiye tariff There
is no other way. We import now each year
nearly s600, 900, 900 worth OF merchandise
&c. good part Of this we ought TO make
but il the gates were thrown
open there would be no end OF the food
that would overwhelm us. Let us keep
America for America
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AN EXPLANATION
Laf 4. lzN s..tth