The Somerset reporter. [volume] (Skowhegan, Me.) 1868-1909, 1891-12-03
Difference.

At the recent address Of Governor elect
Mckinley Of Ohio, in fremont Iemple.
Boston, be made the following clear aud
true distinction between q tariff for pro
lection and tariff for revenue, which i
well worth a careful perusal
The difference between a revenue tariff
such as IL advocated by the democratic
party OF the Democratic leaders, and pty.
tectiye tariff, such Ar IL advocated by the
Republican party, II one Of principle
which touches every enterprise and every
occupation and every employment u the
people. revenue tariff will do nothing
but raise revenue. 1t has no Other siubl-
ton but to raise revenue. II has no other
object or purpose but to put revenue into
the Federal Treasury 1t is wholly uu-
mindful of the employmeuts and occupa.
tons of the people. 1t is money for the
Federal Treasury and for nothing else. A
protective tariff, al an agent for raising
revenue for the National Treasury, II just
as good az a revenue tariff, and 10 tunes
past has been more certain agent for
raising revenue than revenue tarlh, 80
that protective tariff in that particular
does everything which Democratic reve-
nue. tariff would do, and does more.
w bile IL raises all the needed revenue for
public purposes, 1t encourages anu bnlids
up the industries Of our own country. aud
protects our own labor and our own skill
against the labor aud skill of every other
country Of the world A revenue tsrti
never built u factory IN the United States.
A revenue tariff never opened mime IN
the United States revenue tariff never
built fire IN furnace in the United
States, but, as a Thousand old men u this
audience know tonight, revenue tarlh
has more than once e8ungulshed tn nre-
which have been built III the furnaces IN
der "a protective tariff.
a revenue tariff encourages the foreign
shop and the foreign laborer and discour-
ages the domestic laborer. For you must
remember that a revenue tariff Is for rev
enue. and revenue only, and yon cannot
have revenue in large volume unless you
have large importation, and you cannot
have large importations of competing Tor
egn products without displaclng TO That
extent domestic products. And, TO that
extent that you disp|ace domestic products
to that extent you displace American labor
and dim nsh the demand TO. American
working men in the United States and III
crease the demsnd for workingmen abroad
III foreign shops. You can raise revenue
for public purposes with revenue tarii,
but you do it at the expense of your own
industries and your own labor, and there
finally comes time in the history OF rev.
enue tariff legislation when you have
impoverished your own people because
you have destroyed their industries that
give them employment and wages, there
comes time when revenue tarlh fails
to raise the needed revenue, because the
people hsve grown too poor to send mon
ey abroad to buy, and then revenue tar
if fails. But a protective tariff never fall
We have in the last twenty five years paid
off STA 600 every day of the pubic debt
under the protective tariff, aud while we
were doing that, we accomplished what
Senator lloar limited at, we have resched
the frs, rank i'll the world az manufactur
ing, mining aud agricultural nation.