The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1890-03-28
made by the representatives from the
cotton States, WEf


i ENoLASD's WORK IN AMERICA. ~,
j All the Presidential candilates in 1921
Jackson, Adams, Clay and Craw lord
and also the candidates in 1928, claimed
to DO firm friends OF u protective turif.
General Jackson, especially, In letter
to Mr.. Coleman and also in n lesior to
tho Governor OF Indiana, taking strong
grounds In its favor, suying that he
voted for the tariff bill In 1924. and fully
endorsed it. twill aforementioned that
about this time the English began their
earnest work, by book and pen, 10 In
culCatc free trade and persuade US Tint
We should "look only to agriculture"
"We can manufacture for you cheaper
than you can for yourselves" This has
sinco grown into tho Cobden Club,
which 10 now supplying lis with stale,
secondhand, free trade literature.
In 1883, after tho notification lasco,
there was general desire for union and
harmony and even the strongest tariff
men, with this object In view, proposed
u gradual reduction OF the existing tarilI.
This was m experiment. The result
was that tho condition Of tho treasury
became such that m extra session OF
Congress was called In 1911, because
there was no money in tho treasury to
pny oven the ordinary expenses Of the
Government; $25. 600. 900 had been bor-
rowcd for this purpose during tho pre-.
ceding four years. 1t was during tho OK.
istcncc OF this state OK affairs that the
great monetary panic OF 1887 began, and
tho condition OF the whole country was
as bad as that Of the national treasury;
broken banks, broken merchants, broken
farmers and broken manufacturers filled
tho lind. I
These conditions forced the tariff OF
lS42, under which tho nation received
new lilo. Tho treasury was supplied
with the means to carry on the Govern.
ment, and the citizens throughout tho
land were encouraged. u.r.u.
UNDER FEE TRADE.
But in four years, under tho influence
OF Southern pro.s|avery men, the first
profcsscdly free trade tariff act was
passed. Tho effect OF this free trade
taritfact was postponed by tho discovery
OF gold in California, but between 1850
and 1860 its effect was seriously felt.
Financial values became depressed and
the revenue again diminished 80 that for
several years prior to 1860 money had TO
be honored in the time OF peace to pay
the usual Governmental expenses. At
one time in 1859 twelve per cent was
paid and 1t was hard to obtain money at
that rate OF interest.
{. During the term OF ten years from
1850 to 1860 the balance OF trade had
been against the United States more
than $500, 100000. n.
The tariff Of 1861 was passed ut the be-
ginning OF tho war, and its full effect
could mot be seen until after the war
ended, and we can now all speak from
knowledge. We know that
every branch Of industry revived; that
our agricultural, mining and manufac.
turing interests all alike prospesed. Our
revenues have increased, and have been
not only for the ordinary ex-
penses OF the Government and for pen.
sious, but also for paying Oft our cnor-
nous war, debt at 4 ratio which has rs.
tonishcd the civilized world. We are
now confronted, for the third time in
one hundred years, with surplus.
Jefferson, in 1906, recommended that
he surplus be applied to education and
Internal improvements" Jackson, in
1850, proposed to distribute it among
he States" Let it now be used in xiv.
ng our soldiers who saved tho country
md their widows and orphans liberal
No one can doubt that the balance OF
.rade in our favor is fair test OF IA.
ional prosperity. We have seen that
turing the seven years prior to the first
arilf act the balance OF trade was against
he United States to the amount OF ST.
10000; in seven years after the law was
Il force it was in our favor S337 900 900,
Again, between 1924 and 1880, about the
lime that General Jackson was troubled ,
with surplus, for several years the bal
snce was in our favor. Under the tariff ,
II 1916 (free trade taritl) and from that
time to 1861 the balance was against us.
md from 1850 to 1850 it amounted to Z
$780, 100000.
Contrast this with the last ten years
under the present tariff from 1879 to
1889, the balance of trade has been in
[avor OF this country in the grand sum
Of LOSE 100000. We have shown that
by the cousenting voice Of the statesmen
Of the Revolution tariff for protection
was both constitutional and expediens.
This continued almost without question
during the first half century OF the Re-
public's existence. In after times when
we have followed in the footsteps OF the
fathers, VIC have done well, but when we
have initiated the example Of John Ran
lolph we have come to grief.
A COMMON SENSE VIEW,