Telegram-herald., 1890-05-19
PROJECTIONS FRIENDS
r.aEE saeuaENTs Or TO-DAY T1E
SANE IS YEARS AGO.

ao.sEur~x s14 KAFEzex A11ke CSss@&sso
We hnd today. N the struggle Ter
Protection, reproduction CT slc AsgLl
uents for Fre- trade which tbs Amen
can people debated. considered AID con
dexnned as uns0und ye2rs sgo IT taxes
= great mzn hike Daniel Webster 70 a.
lurlowla1ge that be Is wrong Ar Web
ster, IL lis speech against The tarlr q
lSS4, made 70 strong Al argument Tor
FREQ trade as can &c urged today. Ills,
however, did not defeat the passage u
the bill, and as tie result oI mature do
hb7yzrion Mr.. Webster became = lead
ing champion 0f the Protective t2ra1
system. The first great question pend
ing tho adoption Of any national nScA
policy Is, How we shall most surely and
fully develop the entire industrial ca
pacity Of the people.
Having adopted such p scy, stick 10
it and don't Try experiments, unless by
comparison with some other country
which has different fiscal policy II can
DO proved that the entire industrial
capacity Of that people is more fully de-
veloped and employed and the people
more prosperous, better remunerated for
labor, and that nation more prosperous.
Any fiscal policy which brings 70 bear
disastrously upon young manufactures
the fatal competition Of their older and
far stronger rivals. located In lands
where those manufactures have long ago
been located, and whore they have at
tai ned, through ages Of prosperous
growth, rips and hardy maturity, Is
absurdly short sighted.
The great minds who framed, advo-
Gated and secured the adoption Of the
federal constitution were not manGtac-
turers, nor interested in manufactures,
and they were nearly unanimous III COM
mending the fostering Of home manu-
features by discriminating protective du-
ties on their foreign rivals. They very
correctly believed that by this measure
they were helping the American farmer
by creating larger, nearer, steadier and
better markets for their products. Gen.
Washington, in his first annual message.
declared that the safety and interest OF
the people required that manufactures
should be promoted, and in his second
annual message saidi Congress has re-
pectedly. and not without success, di-
rected its attention to the encourage
ment Of manufactures. The object is Of
too much consequence not to insure a
continuance of its efforts IN every way
which shall appear eligible"
Washington was never interested in
manufactures, but was farmer, as was
Jefferson. who in his second annual mes
sgee, familiar TO every one, speaks Of the
Protection Of the manufactures as one
Of the landmarks by which we ought to
guide ourselves, and insists upon the
necessity of continuing this as the rule
OF our action to insure Our national
prosperity.
Presidents Madison and Monroe also
clearly saw the necessity Of protecting,
preserving and promoting our manu-
features, and so expressed themselves IN
various messages to congress. In his
! seventh annual message Mr.. Madison said:
"In adjusting the duties on imports to
the object Of revenue, the influence Of
rily present itself for consideration.
However wise the theory may be which
/ leaves to the sagacity and interest Of in
| dividuals the application of their indus
/ try and resources, there are in this. as IN
! all other cases, exceptions to the general
rule Besides the condition which the
/ theory itself implies, of a reciprocal adop-
| tion by other nations, experience teaches
! that 50 many circumstances must concur
In introducing and maturing manufac-
| turing establishments, especially Of the
more complicated kinds, that country
may long remain without them, although
sufficiently advanced, and IN some re
/ spects even peculiarly fitted for carrying
them on with success.
''In selecting the branches more es-
pecially entitled 10 public patronage, a
4 preference Is obviously claimed by such
as viii relieve the United States from a
dependence on foreign supplies, even
subject 10 casual failures, for articles
necessary for the public defense, or con
nected with the primary wants Of indi-
viduals II viii be an additional recon-
/ meudation for particular manufacture
when the materials for them are exten
sively drawn from our agriculture, and
consequently irnparts aud insures 10 that
great fund OF national prosperity and IN
dependence an encouragement which
cannot fail to be rewarded"
Mr.. Alexander J. Dallas, the able sec
retary Of the treasury, supplemented Mr
Madisou's message with n special Tepor
(drawn up ia obedience 20 d requirement
Of the house,, embOdying the draft Of
tariff contemplating both rerenue anC
protection, and earnestly commendin;
the policy Of Protection. The followinl
paragraph of that report bears directly
upon many points now under discussion
Although soma indulgence vii al
wavs be required for any attempt 20 O
realize the national indepen5ence ia th'
department * manufacturer. the sacu
fee cannot he either great or lasting
The inconvenience of the day viii b
amply compensated by future sdvan
tages The agTiculturst. whQee produc
and whose fCcks depend for their valu
up.u lee fluctuations cf 2 foreign m2r
kef. VII have 10 occasion eventually 2
regret the CT-CrtU- ltv Cf a ready sale -
bis wool OF nis cotton in his own neigh
borhood. a13 80 VIII soon - un9eTss ~
that The snc-ess r. the American mann
faCtuTpT. winch tends q diminish To
profit f1ftsn the ezcessive IToft of th
fTnporta-. dos not nsoeessri'v adj to ~
yT1c7 e. tiae article IN the hands oi th
osnsuuer.
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