The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-04-26


Tear down the wall that had been built
around the coast. Give American labor a
chance to compete with foreign labor and
il could take care OF itself. II needed no
other protection. Applause on the Demo-
cratic side lie controvcried the claim
that protective tariff was for the benefit OF
American labor IL was said that the
American farmers must be protected in the
production OF wool. Under the high pro-
lection on wool the price has steadily
fallen. lie did not assert that the tariff
was the sole cause OF the decline
in tho price, but he contendcd
that IL was an important factor.
Wool could not be produced in the United
States for less than 40 cents pound. The
people OF the country consumed GOO, 000,-
900 pounds year, which cost them $40
000,0 900. OF this COG, 900, 900 pounds more
than 300,000,0O0 had 20 be purchased
abroad because the high tariff had broken
down all our WOODEN industries. In CON
clusion he said that the day had passed
when the glory and triumph OF men and
nations was in the invasion Of foreign
land, and the day had arrived when that
glory and triumph consisted in bearing
the national emblem into the harbor OF
every country Of the world and there to
plant IL in the grand temple dedicated TO
commerce and industry.
Mr.. Brown, of Indiana, expressed him
self as not in the least frightened at the
plcthoric condition OF the national treas.
ury. This was not ,ho frsttimc there had
been surplus in TIN treasury, but neither
Johnson nor Grant nor Arthur had made
the condition OF the treasury prctcnse
for disturbing tho industrial policy Of the
government. The country continues TO
enjoy an unparalleled prosperity. The nc
cumulatng revenue might be made the
occasion for doing much for the peoples
benefit. The national debt might be grad.
ually paid of, the merchant marine might
be built up, harbor and coast delenses
might be constructed, navy might
be provided commensurate with our
standing as n nation and grateful
people might tend 10 old soldiers who
saved the country parting benedic-
ton. That surplus existed was an evi.
dence OF national prosperity. That II had
been gathered into the treasury without
oppression or complaint was an evidence
that the protective system was n Just
one. II the surplus was under control OF
q wise craftsmanship, IL would be n ma
duce il than 10 run the hazard Of ill.adyiscd
expenditures, he was anxious 10 have
revision OF the method OF taxation so ~ 10
reduce the revenues TO the lowest limit OF
national wants. But he argued that the
plan OF reduction skctchcd by the Prcsl-
dent in his annual message would result in
disaster 10 American Industries. The
Democratic party Ia the House had not
q
suggestions because IL feared party rather
than financial disaster. Why had tho in.
tcrnnl revenue tax been reduced in the
presence OF the Presidents assurance that
no Just complaint could DO made against
it2 IL had been done 90 avert a Demo
cratic strike In Virginia and other Demo-
cratic States. lie, ON conditions, would
support 40 much Of the bill rs reduced the
internal revenue system. The law that
taxed tobacco and intoxicating liquors had
been acceptable 10 his people he
cause they regarded them Us lux.
urics, aud because the consump-
ton imposed u griovous burden ON the
and the State. ON this
point lac was'n sympathy With his peo-
pie. Looking nj the internal revenue |
.ysicm from revenue standpoint, there |
sas much To condemn in H. and II the /
icoplo understood that the whisky tax !
sas kept ON in order that the protective |
system might be maintained the whisky |
lax would have 20 go. Turning To the
wool provision OF the hill lac quoted hg-
ur's 10 show that the domestic product
had increased enormously under twenty
years Of protection; had grown from
weakness into strength, while. by the ro-
Ia 4 IA
lusiry had been well nigh ruined. 10
vas q little singular that while wool was |
put upon the FREQ list sugar was 10 be pro- |
icctcd 10y an annual tax of Sij,O0O,OOO. |
| IT, Congratulated the President upon hav-
ing compelled his party TO takc issue ON
the tariff question. Tho masquerade was
over. Tho question Of the day was
tho revenue system should be-
FREQ trade or protection. for this bill was
the vanguard OF the FREQ trade policy.
Mr. nockcry, 81 Missouri. said that the
surplus WIS required Ia the channels "
business and trade and commerce Ia order
that capital might employ labor. aud said
u.at the question presented WIS how that
surplus was 10 hc disp0sei o. Would 10
boz done 10y the making Of cxtrayglnt ap-
proprintionB7 lilo warned Cougrus that
NJ
v1y iu which the surplus would b. cot ri
o. There were GA the calendars oi the
House tolay hundreds 0f measures which
would never have been heard OF had il not
been Inst there vus surplus in the treas.
ury. The pcmocmiic party had always
hucn tno luCnd Of thc lnhoung mon, and
/ 10 iho Republicans could show that the
/ protective system WIS beneficial a. the
/ workinurn Of thc country Dec was willing
/ a. waive his objection 10 H.. but they
/ could not 10 pc. On the contrary, many
| unprotected Industries paid their en-.
| plnNU higher Wages than were paid 90
lahuru in protected establishments lie
] had statistics 10 show the Immense bonus
which the protective thrill put into the
] pocket ol Che manufactures. but which
did not go into lac pockets Of hc working.
men.
Mr.. Kerr. n Iowa inquired why lhc
| gentleman dd not 90 out of the hlnk'ng
/ business aud into tile manufacturing bust.
ncis, II ID we sD profitable.
Mr.. Dockcy I remain In the banking
I business iur the same rntln that the man.
ulhciupr Umaius in his business, brranao
it paw. Loot mover went before q lcglsla.
tive body asking aii Tor myaclf aud
incorporating behind the supposed inter
Us'- VI The Iahnring mon Of The country,
Tho protective sysicm had built mp ar
arislogmcy " monopoly. lie wanted &,
sound note oi warning, hc said, uoncum
lnr ihc enormous Hru eating Ul capital In
iho hands Ut a few men. lie CoulMsiod
tho Increase ol individual wealth in a.,
manufacturing States Of tho east with Tho
j IrfflHaH la the individual uatilh la ia