New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-08-23

supplies work for foreign alo, and le n from our
4 Gni labor II would not light single hre in an
nihhoican Mrsee or MIL but would extinghsh those
same wages as the labor of c.,mpstine countries
III snprt IL IS wen conceived 10 benefit every other
revenue tariff has not in our experience been a
oITe even 81 an Sgsney for raising the money re,
IA ea 10 our hstor{ to supply the revenue wants Of
me Government. IL has found our country prosper.
few wears under It's operation has in the treasury
bankrupt and the business OF the country in de-
And this Is easily accounted for and entirely logical
Comemncing with the country prosperous under pro-
tecion the Democrats have enacted revenue tariff:
ard The people OF the country, Influenced bv supposed
and temporary profit. buy foreign goods instead Of
But this eveniuaes in the destruction Of our industries
for il increases the use Of foreign goods and encourages
tho dislse OF domestic goods. and with The dlslsc Of
domestic goods diminished production al home
and less employment for home labor. and finally no
th people which i'm Is telr una. comes poVer yos a
and following that comes diminished importations and
diminished revenues. and then deAcit and dcfautng
And then there inevitably follows direct taxation for
II ude ~ et th iI, seSe needed revenue ton.
Internal taxation In the meantime our industries
factor and nine and forced TO the farm m becoIne
the farmers competitors instead Of. a. before, his
customers and consumers. and then there invariably
follows rise IN tho price OF foreign goods 20 the
American consumer
PROTECTION a SURE AGENT.
As means of raising a revenue tariff is not
as certain and reliable o protective tariff The
latter has never failed in time of peace no matter how
great expenditures TO supply the revenue re-
ouIred and has failed but three times and then
in war; to proviGe the revenue required for
the public service.
protective tariff has proven an unfaillng agent in
raising public revenues, and while doing this it las
served that other important Office OF so adjusting the
duties upon foreign goods 10 give the largest pro-
E.I..- -.
poymcnt for own labor and the most generous
encouragement TO our own people. Il serves the
treasury and while doing our own people in
their industries and employments. There ought not
TO be any question, mashneh as we nave TO secure
revenue from foreign imports a. 10 the character OF
the foreign goods upon which the duties shall be i'm
The principle Of a protective tariff requires that
arts es not Injuries which We cannot produce Ii the
and imposes the tarn upon snch foreign products as
come I'm competition with the products OF own land
and labor 1t does seem TO me that there should be
~ difference Of opinion upon the su!cct among Anerl-
can citizens. A. are compelled to tax some
nroduct every consideration ! think, should require
EGt the foreign product be taxed, the taxing Of which
woad benefit our own producers and do 10 injury 10
protective tariff IS not only a surer agent for
raising revenue than revenue tarif, but builds NJ
cur own OWN midst II Furnishes empoymeh for ah6r
and at better wsges than can be secured anywhere
breaks down and destroys At home and builds up and
encourages abroad.
Now nj protection IS a DlrOen upon the people, VIC
should fiud some manifestation Of It somewhere. We
have been living under It for thirty years, Where
does the burden restl The great mas Of the people
II our country we're never well OIL as they are to-
day. They are better oH than the rest OF mankind
There never were many men IN his country VINO
owned their own homes there are to-day. There
never were so many wOrlImen who had GccumuatiCn>
I'm the savings banks OF the country there are To-
cav There never were so many comforts, rAnc-
ents and educated homes as there are In this country
today No nation Of the world can present such a
picture OF progress, prosperity and plenty
REDUCTION OF DEBTS.
Have protective tariffs piled up the debts Of the
United states Let the record answer. The monthly
,por Of the Secretary of the Treasury dsclose how
the public debt is being reduced. We have paid OF
more than two-thirds Of IT, state debts have been
reduced, and county and municipal debts have been
diminished. Zee what has been done IN this direc-
ton l., twenty years. from 1870 TO 1880:
In twenty year,. from 1870
20 1890. incluSlyc.itae federal a-o, 90 ooc mo nm
debt las been reCGccd IRON liSdC . 80 ~, ~
Ths state debts have been 800. o-oooo ooo
reduced - rom tiioanOO 70 $40 oT3
TIC county debts have been 80. ,s-ooo ooo
-1- l. $3.50 1lSL0OJCOD
In the same time our population ha7 incrcasel ron
Is 5e 81 10 622 $50, that the per capita deDt
IS only SIS, compared with nearly sc twenty years
ago.
The Der capita debt Of this country Is less than
thai Of apy other country of the world Here IS the