The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1888-08-02
A Clear Definition.
Frankfort Capital !

Frankfort Capital.
The cheap. labor of Europe and
other foreign countries enables the
manufacturer to produce articles Of
commerce atless'cost than attaches
to the sams'commodities' produced
in this country, where larger wages
are paid. The policy of this gov
eminent is to support itself by an
indirect tax on the people, which is
called d tafif. Fhe people pay this
tax by adding to the price Of such
articles as they cohsurie lie duties
levied asiaforesaid. In this manner
they contribute to tie support OF
the government. The producers OF
similar commodities in this coun.
try, by reason Of this tax on foreign
productions, are enabled to ply la
Dor better wages than the foreign
laborer receives, and'thns, by oper-
a.ion of-an economic policy, home
industriey are protected. This is
incidental protection. But, suppose
the tariff is placed at SO high a rate
that foreign productions are exciud-
ed entirely, then there can be no IN
come from custom duties, and the
government must look elswhere for
revenue. Ordinarily there would
be but one other source, direct tax
alton. For every cent placed, as
duty, upon foreign productions, the
home producer places like amount
on the price Of his product. So, at
last, the consumer would MT only
pay the equivalent of the prohibit
tory tax into the pockets of the
home manufacturer but would also
be comdelled to pay in addition, his
proportion OF direct tax to support
the government This lis The logical
sequence of the Repuliean party,s
doctrine Of protection to home in
dustries. Thi9 is protection as an
object of taxation, and not as an in
cident thereto. 1t happens at the
present time in this country that a
tax on whisky is collected, furnish
ing revenue amounting TO nea- $780,
100000 annually. This tax supple
ments the collections from duties
on foreign imports, and at the pres
ient rate Of these duties provides
more money thsn an economical
ADMINISTRATION Of the government
requires. The Democratic party
believing that forty per cent. tag on
imports or protection Of forty
cents on every dollar expended by
the manufactures in his business is
sufficient, aid knowing that whisky
is commodity not necessary to the
life, health or happiness Of the peo-
pie, but a LUXURY which can be dis
pensed with if the people 50 choose
proposes to retain the whisky tax
which, with 40 per cent. customs
duties, will support the government
Economically administered, and a
1.-THE same time as an incident to this
Eplan, sufficiently protect American
industries. The Republican party
proposes to abolish the whisky lax
and in order to supply the defcienc,
of income, increase the tax or dutie
on imports to the extent Of supply
ing revenue sufficient for the want
ofgovernment, npteconomically ad
ministered, by "liberally" conduct
ed, with aproteetionu as the object
and not as the incident oftaxatior
Therefore, they say, 1--WE favor th
entire repeal Of internal taxes rath
er than the surrender ofany part Q
our protective SYSTEM The reade
can now clearly understand wh.
!. the Democratic party contend 70
cheap blankets rather than cheal
+ whisky, as promotiva of the welfar
and happiness ofthe peopls, and a
more equally distributing the buI
dens OF taxation upon the Who'll
people, capital as well as labor.