The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1890-05-08

from the dutiable list and put upon The
free list forty.eight articles which last
year paid into the Treasury SOL SOC, 600
s55. 100000 Of which was from sugar
alone. U-'f' M .
Referring to the growth OF the carpet
industry, IN the United Slater, he said
that the price Of carpets had gone down
while tho advalorcm equivalent had
gone up. II was the high advaioienl
that gentlemen on the other side saw
while they shut their eyes to the dimin.
ished price.
| THE METAL SCHEDULE.
The favorite assault OF the Democrat.
ic free tIader and revenue reiormer wss
to parade this high per centase md al.
valorem equivalent to show the enor.
nous burden Of taxation imposed upon
the people. When steel rails were $lOO
ton; there was an equivalent adyalo.
rem duty upon them oi % per cent, but
the very instant the price Of steel
rails had been reduced 10 $50 a ton, be-.
cause OF this duty Of 2S per cent. which
had induced our manufacturers to en-
Gage In that business the advalorem
equivalent went up 10 Sc per cent. The
Democrats looked at the per cent, the
Republicans looked at the prices. The
Republicans would rather have steel
rails at $50 per. ton and IN advalorem OF
90 per cent, than steel rails at SlOO a ton
md an advalorem Of 25 per cent. The
Democrats pursued the shadow the Re.
publicans enjoyed the substance. Zap.
plause.] Tho Democrats would rather
nave low advalorcm equivalents aud
higher prices than high ad.
yalorem equivalents and low prices.
What was the complaint against the
bill? Was it that it would stop expor.
tation and interfere with our foreign
markets? ? The foreign markets were as
accessible under the bill as under exist.
ing law. They were as accessible under
the bill as they would be under absolute
FREQ trade.
Much had been said about our foreign
trade and commerce and our vast do
mestic commerce had been ignored.
What boots it that tho products OF the
great West found their markets in New
York or Chicago rather than in Europe?
Why should we pass over the best mar
ket OF the world-our own market?
Notwithstanding all OF these croakings
however, we arc now exporting more
products, than atany time in our history.
UNDER PROTECTION.
In 1860, after fourteen years OF reye.
nue. tariff, tho country was in state Of
depression. We had neither money nor
credit. We had both now. We had q
surplus revenue. Under the Morrill,
tariff confidence was restored and cour-
ago reanimated. With great war on
hand, with money flowing into the
Treasury to save the Government, in
dustrles were springing up on every
hand unGer the bentticent influence OF
protection. The accumulatious OF the
working classes had increased; their
deposits in savings banks exceeded those
oil the working classes ;of any other
country. These deposits told their own
story. The public debt OF the United
States per capita was less than that
oil any nation Of the world. We lead
all nations in agriculture aud mining.
Could any nation furnish such evil
dences OF prosperity Yet men were
found to talk about the restraints we
put upon trade. Tho greatest good to !
the greatest number; the largest oppor-
tunity for human endeavor, were the
maxims upon which our protective sys.
tenn rested. [Applause.]
At the conclusion OF Mr.. McKinley's
speech, he was warmly congratulated
personally by almost every Republican
member present, while the cry OF
vote" "Vote," was heard all over the
western side OF the hall.