Morning journal and courier., 1888-02-10
HOME AND FOREIGN MARKETS.
Senator Sherman's Flea For Protection
 Before the Home Market Club.

Senator Sherman's Flea For Protection Before the Home Market Club. BOSTON, Feb. 9.-The dining halls of the Vendome were filled to overhowing this
 evening, it being the occasion of the ban
 quet given by the Home Market club. There
 were present over four hundred prominent
 men from various sections of the country,
 and after an informal reception they entered
 the dining halls. At round table in the center of the hall were thirteen gentlemen, one seat being vacant-that assigned to Gov ernor Oliver Ames. They were the promi- nent guests and their names were President Timothy Merrick, Hon. John Sher- man, Hon. Nathan Golf, jr., Hon. William Osborne, General William F. Dra- per, Hon. Fred D. Ely, Hon. A. W. Beard, Hon. w. W. Crapo, Hon. William A. Rus sell, Hon. Theodore c. Bates, Hon. Charles H. Grosvenor, T. c. Search and Hon. Will liam Mckinley, jr. The ceilings were pro- fusely decorated with banners, many bear ing inscriptions, while heavy festoons of bunting hung from every corner. After the menu had been exhausted President Merrick of the Home Market club arose and in brief words alluded to the fame of the club, con- cluding by introducing Senator Sherman. Upon rising Senator Sherman was greeted with cheers that resounded throughout the entire building. Mir. Sherman at first em phasized the value of the home market com pared with the foreign market. He said the home market deals with over eight billions of agricultural products, six billion manufac- lures annually, while the foreign market deals only with billion and 8 half exports and imports annually, more than half these home products. All capital and labor en- ployed in production and transportation of T,1f1 Slo the foreign market is conducted entirely by foreigners. Imports in the highest years are less than six per cent. of home products, while we export less than seven per cent. of our food products, the rest being consumed at home. In view of these facts he wondered why so many are willing to endanger the wonderful development of our home indus tries to increase our foreign commerce. I can excuse such professors as Sumner and Perry whose theories exclude love of country and rest only upon the universal good of mankind. In Congress at least we are supposed to legislate for the United States. Referring to MT. Lowell's character ization of Cleveland as the best representa- tion of the higher order of Americanism since Lincoln he said: Thus Lowell, who has been honored by a great party with it's confidence and trust, places Cleveland above Grant, the great soldier of our country; above Hayes, who certainly gave to the coun- try pure and excellent administration and MT. Lowell himself; above Garfield, one of the most accomplished of statesmen, and above Arthur. in every respect model gen. tleman and prudent and able president. Now for what has Cleveland been distin- guished For the promise of civil service reform - and he has practiced the most general, sweeping removals in the public offices since the government was es tsblished. He found 1, 1859 presidential post masters in office and has removed or changed 2,000. The Postmaster General out of 52, ,000 employees removed 10000. Out of 33 ministers aboard MT. Cleveland removed 32, 6 large proportion of whom are men distin- guished in the war against the Union. Out of 56, ,0e0 places he has removed or changed 43, ,OO0 and out of the 43, 900 there are not 50 Republicans among the appointees. The other ground to justify this eulogy is the re- cent message of the President recommending that all taxes on home products be continued and duties on imports be largely reduced. The inevitable effect of this policy is to in- crease importations at the expense and loss of our home market, especially to reduce the wages of all engaged in industries competing with foreign productions
 At intervals of one hundred words Senator Sherman was interrupted by applause and his broad smile and hearty laugh from every one of his audience.
 Hon. William Mckinley, of Ohio, and Nathan Golf, of West Virginia, followed. At the conclusion of the speech repeated cheers were given for the honored guests of the evening and the gathering dispersed.