The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1891-11-20
Reed and Mckinley to
Home Market Club.
Governor = Elect Cheered
as Future President.
Mr.. HOar's Reference to
Those Famous Rulings.
Especial to the Press.l

loPoVldl W tuo IIeSS.J
BOSTON, November 19-Flve hundred
members and guests Of the Home Market
Club attended the testimonial in honor of
the leaders Of legislation at the Hotel
Vendome this evening. General w. f.
Draper presided. Among those present
were Governor-elect Mckinley OF Ohio,
Senators Aldrich and George F. Hoar,
Hon. Henry Cabot Lodge. Hon. A. W.
Beard, Hon. e. A. Morse, ex-Governors
Rice and Brackett. Hon. Alden Speare
and Postmaster Hart. The Germania or
chestra furnished music. After the ban
quet, General Draper called the assem-
blage to order. In speaking of the practi-
cal nature of the tariff question, he men.
toned McKinley's name, which called
forth three cneers for "the future Presi-
dent of the United States" The assem-
bly, then adjourned to fremont Temple.
where the speaking took place. The audi
torium was filled. An hundred Harvard
students in the gallery greeted each speak
er with the University cheer. General
Draper made the opening speech, In which
he said that Massachusetts would see her
interests In the long run, to lie In protec-
tion. BE praised the Mckinley bill, and
concluded by introducing Senator George
+. Hoar.
Mr.. Hoar gave a warm welcome to the
speakers from abroad, referring to Mr..
Reed as one to whom was due, Through
his single perseverance, courage and
strength in the last Congress, constitution
al legislation by the majority. You may
have Democratic ascendancy for one hun
from the exposition of parliamentary law
Mr.. Reed has established"
Gov. MckInley's Speech.
Mr.. Mckinley was greeted with cheer
after cheer. He said, in brief Protection
is great cause, because 1t is that of home,
the country and the family. Any form of
taxation is inconvenient. The best form
OF taxation rests most easily upon the citi-
zen, and, while raising the required reve-
nue.. gives encouragement to our own peo-
pie In their chosen occupations. The Re-
publican party don't believe in direct taxa
tion except In the presence of national
emergency, but they believe that We should
never tax ourselves as long as we can find
the products of other people to tax. The
protective tariff Is more certain agent for
raising revenue than the revenue tariff. 1t
encourages the Industries of our own coun-
try and protects our own labor. The reye-
nue. tariff encourages the foreign shop and
labor. and discourages the domestic, for
you cannot have large importati0ns of
competing foreign products without
diminishing the demand for Ameri-
can w0rkingmeD, and increasing the
demand for workingmen from abroad.
There comes a time when the revenue tar
Ill falls. because the people have grown
too poor to send money abroad to buy, but
the protective tariff never fails. Under it
we have reached the first rank in the world
as manufacturing, mining and agricul-
tnral nation. No one knows from person.
al realization of a burden that there is
such thing In existence as the American
protective tariff. But every one knows
from personal realization the blessings of
the protective tariff" Major Mckinley
quoted statistics to show the increase ia
the balance of trade In our favor between
1916 to 1860. and 1867 to 1881, stating that
the best foreign trade this government
ever enjoyed was found under the protec-
tive periods. He referred to the reduction
of national, county and municipal iudebt-
edness in the past 20 years, and asserted
that we never had anything but raw ma
terial under a revenue tariff. 1t was never
developed until touched by protection. He
said we could lave free trade when the ma
tions of the world will bring their condi-
tlon up to ours.
Senator Aldrich of Rhode Island was
the next speaker, and, with a convincing
array of facts and figures refuted the
stock arguments Of the opponents of the
tariff. His remarks were listened to with
close attention.