The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-10-22

The Father ofthe House Prepared to DO Fur
thar Battle for Protection.

Inv
thar Battle for Protection.
Philadelphia Press.
Hon. William d. Kelley yesterday sent to
Robert s. Reed. chairman OF tho committee on
notification, bis letter accepting q denomination
for Congress in the Fourth district. Judge
Kelley gives q brief retrospect OF the period dur
ing which he has been permitted to represent
the district-a period that dates back to nearly
a third Of = century ago He says:
"Under the bsneful influence Of the revenue
tariff which, in violation OF its pledges to the
people of the Northern States, had bsen sIbsti-
tutsd BY the Democratic party in lS46 for the
invigorating protective tariff OF lS42. the work
Of national DEVELOPMENT had been arrested, and
the growing industries of the people been oblit-
Grated. AS IL to providentially illustrate the
fatal inhusnce OF free foreign trade upon the
fortunes Of the American people tha decade in
which the disastrous tariff law referred TO went
into effect was marked by the bestcwal OF such
diverse and boundlees sources OF wealth as their
most fervid imagination had not pictured az
possible to our people. Yet the wealth and pos
sibilities of national power thus thrust upon us
were squsndersd in the purchase OF foreign
commodities which we should have produced fer
ourselves from the Astounding raw material ly-
ing around U.s.
1.-THE conjunction Of the potato rot and the
Crimean war had created Unsuitable markets for
our agricultural productions which would have
enriched US had We opened our coal fields, ore
beds and quarries and developed our manu-
OAit as VIC NV ECCOntiy 00a0s 0ob
this was impossible under q tariff for revenue
only, and though we added1n gold and silver
from the newly-discovered mines OF California
more than 81 ,l00, coo. 900 to the hundreds OF
millions received as the proceeds of our agri-
cultural exports, our people year by year sunk
into deeper poverty. our banks and other inan-
cial institutions became insolvent, and the bus
mess of the country at the close OF the decade
In 1857 had to be conducted by the use Of ire
deemable and deprecated bank notes."
IudOa Kal1eu vafavrino IN fhA ppliay AZ thu
government during the war. the ~plsdRing Of the
faith and resources Of the country for the
OF treasury notes OF convenient de-
nominations for current circulation az money,
Gays: ITO give assurance OF the good faith with
which this paper money was issued. and to So
cure its redemption with wealth created from
raw materials, which could not possibly have
been developed under the revenue tarids. duties
were imposed upon every form OF imports. These
duties we're soon increased. and again further
augmented until foreign manufacturers, sesinS
that they would derive more profit from mining
coal and ore and constructing furnaces, FORCES,
rolling mills. foundries and factories on our soil
than in other countries. came to Us, co-operated
with US in the developments Of our boundless re-
sources, and before the war closed the hitherto
impoverished North had assumeda conspicuous
place among the great manufacturing nations of
the world.
Upon the surrender Of the iusurgeut armies
immediate steps were taken by the administra-
ton for the reconstruction OF Southern society,
and the utilization by Southern enterprise of
tho infinitely valuable and varied natural re-
sources of that section of the country, by the
maintenance Of such rates OF tariff duty as
would compel the diversi6cation of their indus
tries, and thus enrich the people, % . homo
market for their productions had enriched tho
Northern people. As o striking illustration Of
the bsusfcencs Of this truly national policy, let
me point You to the fact that We are now, not
withstandine the vast expenditures OF the war.
the ffeest from Q burdensome national debt of
any of the great nations Of the world; that our
credit Is unparalleled not only among eotsmpo-
ransous nations. but In the history Of nations,