Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1890-04-11


costs us more labor or money to make
an article than to buy it abroad, to
that extent is production lessened; fol-
If we are required to expend more Ia
Dor and time in making an article than
would be required to make something
to exchange for it, then, obviously
our energies are not directed in the
most productive channels. In respect
to the lowering effect of protection
produced competition on the prices OF
those commodities of industries that
are only made profitable through pro
lection, it is plainly apparent that any
substantial lowering of prices must
wipe them out of existence. For al
their profits coming from the higher
prices the tariff enables them to obtain,
the reduction of those prices must
abolish their profits, and necessarily
destroy them. These are tariff ere
ated and tarin-sustained industries,
and their very existence is maintained
at a cost Of lesseDed production; and
the only way that increased competi-
ton between them could increase pro-
duction would be by destroying them
and while it fails to DO this it not only
fails to increase production but it
fails to neutraIize an active cause Of
diminished production.
If an industry is inherently I'M
profitable protection contains no magic
potency to transmute it into profit
able one Ii can maintain it by spread
ing its losses over the whole cOmmu-
nifty, and by this diffusion rendering
them less apparent. If an industry is
intrinsicallv profitable protection does
not make it more profitable; it may
increase the profits of those engaged
- ~ '''''' ''''o nv e'''0 '0'''G' 'o'' 'i''
''''' '''s' f''lN " 80 T.
comes from other industries. AS the
'''''''' y 'i'' i'io'''''o'i''' i'ii llleo '''"'
his system makes men more dilligent
an" ''''''''' II .''' - ''''.'''' ii'''"'"' ~
'"S " IL" "''"' VII 'i'i' H"e'''oii
l '''''''"h '''N'' an 'i'''''''ii'e l'"i y Vi
NV 81 nm - - '''> N'''''' ''-l' ''i''''e'
'''' ~ '''''''''' anu wv Nii' " i'"o
WI 'i'' l'''' VI '''' '''''' i'''''i ''i'O d
p''l VI '''' ~ anu VI i''' '''' 10 W oe
''N'i' II YIN MN anu gwen " "Iio'ilei
',,'''', ''''' ''','',''.' '''''''' ''''9 NOV
''' INV '''' IN ''' ''''' '''''' 20 ''" D'ii's
''''' ''''''''' VI ''''O'' IL . ''''N'''
W ''i''''.'''' '''''' 'o''''''''' -''i''''
''' '''' '''''''0'''i 100 " 'i''" y '''''i vi
'''''', maui ''''io '''''"''i io"' Vi
P'"' '''''''' '"'i''h''e" ''l'il'y ever
'''''N'S men oel'en"ehI ana liioolehI .
80 '''''' "'''''' van w "'Pplle" II
i''N''''' 'N''''i'"' 'il'y I"l'Nly duJ"S'
''''''''''l'e - !" '''e lie" 'ol''l''ohS' ana
'"If'' NV i''''''' i'''''''''' '>7i ''''i
'''''''' any "''''''i'!'
''''''''' '''' l'''' ''''' ''i'' o'''e
'''' sum " wealth. ~ 'i'''"'"Sih Z
''' i''S '''i'H' ing away poI-
'I"l' 81 ''e earnings Oh men without
''''' '''''''''o'' "''''iii'S''eS ''iell P'oSlec'
''''" power u 'S'''S III 'I'e "oiIo' 'ehuS
10 "'S'o"''S' I'LL" "ISl'e"r'eh 'heih'
causes 'hem to lose ambition and to
lessen th'lr efforts ehgenders careless
ness and lmprovldence and a determin-
alton TO get me most out OF life In
ways ''lal are SUN open 10 Ihemi loiIed
III the 'l'el amoiIloh OIL their hVes'
'n"E VIII seek compensation IN pleas
or'S oi another order, and dissipation
ana SahoilhS ana other expensive and
injurious forms oil excitement with
'lle" accompanying eNtraNaSant habits
VIII take the pace OF those essential
To the accumulation OF wealth. The
Only visible way III which protection
can cause man TO consume less is by
causing nm to nave less than he would
nave consumed III us absence. Neither
Is II amy oet'er adap'eu TO promote
lFuSal haoitS IN those II benefits. 1t
Is i" i''' 50 Seher"liE appreciated that
increased wealth. causes lmproNldence
~ u NAVE cry S'dl'Ae" INTO the proNero
mat MONEY 'laI comes. easy goes
e'SH'
II ma! De objected that TINS Is eX-
aSSera'eo OF untrue ana may be SAID
'nat 'he people oil 'he country not di-
F't'lH oenea'eo d! projection do not
Nh"N 'i'"I 'i'eS lose anything through
It. ana 40 not oelleFe IT, out on the
contrary o'''e'e th"I II dement's them
an" Il '''eS possess ''lIS oeIIel tiieh II
'"''''"' li'u"e"'e 'i'e' h"ol'S III lhe
ways mea'l'neu' II II Is a TACT That