Los Angeles daily herald., 1888-08-22
GEORGIA CHAUTAUQUANs.
Hon. VIM. Mckinley Addresse
Them on Protection.

ATLANTA, Ga, August 2l.-A heavy
rain storm deferred many people from
going to the Georgia Chautauqua Assem-
bly, to-day to hear Hon. VIM. Mckinley
speak on the subject of protection. Nc
Kinley was introduced by Judge Van
Epps.
After acknowledging his thanks to the
Piedmont Society for the courtesy and
cordiality of their invitation, Mr.. Nc
Kinley at once waded into the discus
sion OF the Tariff question. He began
by quoting from a speech delivered by
Hon. J. Randolph Tucker, of Virginia,
in the House of Representatives, May
1S, 1873. Mr.. Mckinley said fuckers
definition of revenue duty was fair
and frank one, and he accepted it. A
revenue tariff, he went on to say, is
therefore such one as will produce
the largest revenue from the
lowest duty. The lowest rate
of duty will encourage importations,
diminish home production and inevita-
bly, increase the revenues; it will of ne
cessity check competition at home and
send our merchants abroad to buy; it
affords no protection, not even incidental,
for the very instant you discover that
such duty favors the home producers,
that instant you discover that importa-
tions and revenues are checked, and that
our own producers are able to control
the home market, or part of it. A rev.
enue tariff is inconsistent with protec-
ton it is intended for wholly different
purposes. 1t loses it's force and character
as genuine revenue when it becomes to
any extent protective. 1t has but one
object; it can have but one effect-taat
of opening up our markets to the foreign
producer, impoverishing the home pro-
ducer and enriching his foreign rival.
The speaker then referred to England
as being more nearly free trade country
than any other country, and he then
made statement concerning that coun-
try's dutiable articles. Passing on, he
said there was another theory of taxa
ton, and it was one which he believed
essential to American development and
National prosperity, though it was based
upon the exactly opposite principle. 1t
permits all articles Of foreign production,
whether of field, factory or mine, except
luxuries only which we cannot produce
in the United States, to enter our ports
free and unburdened by custom house
exactions. The duty is to be imposed
upon foreign competing products, that
is, products which, if brought into this
country, would contend with the pro-
ducts of our own soil, our own labor and
our own factories, in our own markets.
Under this system if the foreign pro-
ducer would enter our market with a
competing product, he must contribute
something for the privilege which he is
to enjoy, and this something in the form
of duties, goes into the Treasury, furn.
ishing revenue to the Government, and
these duties operate to protect the joint
products of labor and capital against like
foreign products.
A thorough analysis on the protective
side of the question here followed, in
which quotations from Democratic and
and Republican sources abounded.
Tariff legislation was followed up from
the birth of the American Republic to
the present time; the industries were
paraded with words of comment and
criticism. He closed his speech in the