Waterbury evening Democrat., 1888-10-03
NIORTON'S LETTER

l ''The Morton''-we quote republican exchange-has given out his letter of ac- ceptance. It wasn't expected that ''the fellow with pull on Wall street. would add much to this campaign of education, and the expectation was realized. The let ter deals for the most part i'll ssHnming generalties, with an occasional specific misstatement of fact and misle .ding in | ference of ratocination. A perusal of its contents will justify anew the judgment of Senator Ingalls, who sized up Mor,on by the length and breadth of his pocketbool.
 His statement that the American people have now enjoyed the protective system for longer continuous period than ever before ill the history of the national gov
 ernment" is striking presentation of 9 great historic fact and will excite renewed admiration for the great mind that Is equal have continuously enjoyed the protective system since 11S9, when the first tariff act was passed, it seems quite likely that Morton's history is correct on this point
 And the fact that nobody is seeking the destruction of this protective system-that its more equitable adjustment and better adaptation to the growth and prosperity of the whole country is the single end aimed at by the democratic party-inay be ac- eepted as fairly positive indication that the enjoyment of the system will be still longer continuous. His inference of the result, that flor more than quarter of a century they have realized a de- gree of industrial and fnan- cial prosperity unprecedented &n this country and never equalled in any other,' is not consistent with the official figures which show that a higher era of prosperity was enjoyed in this country during the low tariff period from 1850 to 1860 than during the two succeeding decades under q high tariff. We had occasion few weeks ago, in commenting upon the misstatements made by Judge Wheeler ill the rink ill this city, to point out this fact, and we quoted the othcial figures in support of our position. But perhaps MT Morton, who is himself a multi millionaire, was thinking of the in- crease of colossal fortunes in the hands of a few, which Hon Simeon E. Baldwin in his masterly address at City hall last even ing instanced as one of the crying evils of the present excessive tariff. Millionaires and fellows who like ''the Morton" have "a pull on Wall street" are especially solicitous for the high tariff They may we'll be, for it enables them to squeeze the poor man and the wage earner and fry all the fat out of them into their own pockets.
 The difference between the systems pro- posed by the two great parties in this campaign has been we'll stated by Mir Morton as that of narrowing chances on the one hand and expanding opportunities on the other" The republican system of building Chinese wall around our in dustrial energies, shutting up domestic competition to the home market, con lining production to its capacities of con- sumption, putting prices in the hands of trusts and robbing labor of all semblance of protection-such system may we'll be styled one of narrowing chances" And the democratic policy of taking off the in cubus that freights our industrial resources, giving our manufacturers a larger outlet in the markets of the whole world, stimulating production by increasing con-