St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-10-18

will endeavor to prolong its reign by working
upon the prejudices of the people until all
wealth is aggregated in few hands and the
republic is destroyed. I feel at this time
more anxiety for the safety of my country
than ever before even In the midst of war.
God grant that my fears may prove ground
less.
Here was man who of all others will
be remembered with Washington, not
as the first great leader, but as the poor
mans friend, through all tile ages.
The gigantic evils of the protective sys-
tenn loom above the horizon aud threat
en- us, but what is the evil; and what
is its source? 1t is not the reconcilia-
ton of the states. No, there Is no North
or South. 1t is not that other grim
specter which held all Chicago in its
iron grasp and babe defiance to all law.
1t is not Socialism. No, it is more far
reaching than any of these. 1t is the
trust, that naneless masterpiece
of legal iniQuity," which of all other
dangers lmperils the very foundations
of all law and government. 1t is the
Outgrowth of the protective system. 1t
controls markets and destroys the indi-
vidual liberty of all men. They are of
American origin and are based upon
public grants and not private rights. 1t
has been said that yous cannot point
your finger to the tomb Of single re-
public upon which the angel of the
resurrection has ever descended, or at
the door of whose sepulcher the stone of
despOtism has been rolled away. The
deSpotlsm that imperils republics is the
Capitalization of Wealth
in the hands of few. The estimated
aggregate of wealth In the United
States is $4,000. 100000. If equally dis
tributed among the 13,0O0.000 families
who comprise our population, each FAM
lily would be worth 5000. 1t is not so
equally distributed. So rapid has been
the concentration of riches that 10000
own one-halt of the total wealth of the
nation. We have more and greater
millionaires than has England. The
richest of the ROthchiIds died recently
leaving all estate OF S17,000.O00. We
have at least 10J persons whose wealth
exceeds his. England'S greatest mill
lOnaire, the Duke Of Westminster is
reputed to be worth fifty millions. In
the November Forum you will find the
names of Americans who are worth
twice as much, and of sixteen whose
wealth equals OF exceeds his. Labor,
they say, must be protected. Now it is
well established rule that when you
see high rate of labor, you always find
low rate of the cost of the article pro-
uuSCO. w Hy 10 CdllCO 81 CIlGdD. d.
cause the labor cost is cheaper here
than it is in England. Protective tariff
cannot benefit the working man
because the extra cost imposed
by tariff reduces the purcilas-
ing power of every dollar he earns.
The blacksmith earns dollar, we say.
for days labor. Now, by the law of
God and by every law founded on
equity, that is his. He goes to the Eng
lishmen or Frenchman and he says, II
want to buy WOODEN hat;" but the gov
eminent steps in and says. "You shall
not buy of the Englishnan, but you
must buy of an American" So he goes
back to his toll and another day goes
out of his life to enable him to buy in
all American market. SO year after
year the dollar that is paid for labor
grows less Ill its power as the tariff COLI
IinueS to increase.