Idaho news. (Blackfoot, Idaho) 1887-1891, 1888-10-06
THE LABORERs LOSS.
False Claims ofthe PrOtectIonisf Point
ed Out by Prof. Hyde.

President Hyde OF Bowdoin College.
writing on the tariff says:
- Under high tariff the laborer is
sure TO lose as a consumer more than he
can possibly gain as producer, for he
pays the extra price outright on every
protested article he buys, while he gets
only such { lction Of the bounty on the
article he h ps 10 produce as his employ
er Is compelled by the current rate Of
wages TO give him The manufacturer
pockets the balance. and handsome bal
anec IL is IN most Of our highly protected
industries. IL is false u claim that home
competition cuts down that balance 10
any serious extent Ii does so in those
cases where the home producers are able
TO supply the entire home market. When,
however, any portion of the amount cen
stunned in this country must be imported,
tnen the cost If that portion which is i'm
ported determines the selling price Of the
goods produced al home by virtue Of
familiar law ~ political economy that
when goods are produced az varying dc.
grees of cost. the highest price that il is
necessary 10 pay to supply the demand
determines the selling price Of the whole
quantity consumed. In other words in
such cases the home manufacturers or the
middle men who take advantage OF them
have practical monopoly
Again, this high protective system has
practical as well AS economic aspect
How shall the system be maintainedy An
Ohio Congressman IN recent speech in
Boston intimated that wool had as many
friends as anything else. and that the
manufacturers would do well 10 be care
ful how they allowed wool 10 suffer.
This is valuable commentary on the
declaration In the Chicago platf 'rm,
which this Ohio Congressman is said 10
have drawn up 90 the effect that no part
Of the protective system should be given
up. may, rather that We should have free
whisky, which AS Mr. Blaine wrote last
December. would increase It's consHmp-
tion enormously and destroy high license
at once ia all our States That dec,ara-
ti0n means that pECt sciiOn u supported
hy ring Of contcdeTatcd pecuuIary in
ieresis. Il means that unless the farm
efs Of Ohio can haze their bounty Of SIS
ior every twenty five sheep they keep the
present protective tariff would be an IN
jury 10 them II means. IN other words.
that a. DISTINGUISHED citizens they would
not favor the existing tariff Il means
that Il would not be safe 20 break one
link Of ihe chain which binds the Ameri-
can people In economic slavery for fear
that the whole chain would fall TO pieces.
In other words protection can not safe
Is be left 20 be settled on its merits by
by the disintcrested vote Of the American
people. as a whole. but there must be
brides given 10 a sufficient number Of
special Interests 10 enable their interested
parties 10 ride rough shOd over the road
81 their fellow citizens.
From the political point Of view the
question before us 10 this campaign Is not
whether we shall have free trade or nro.
lection. but whether we shall have an eX.
crssiye aud all-inclusive tariff imposed
upon us by the interested vote OF the pro-
tcc,ed classes, or whether we shall have
such limited protection as the people. for
reasons Of their own, shall see Ut TO &C.
ccpt.
In this campaign. in thousands and ten
thousands not approving every step OF
the Democratic programme. yet with
cordial approval Of its attitude on what
circumstances aud the sagacity Of the
Democratic leaders have made the lead.
ing issues. they will cast practically =
solid vote FOR Cleveland and Thurman.
for economy IN expenditure aud tariff re-
form -