The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1891-10-20

rich" are defying the people, seeking
through u venal press to DESTROY the
reputation, honor and estate OF any
who may wage war vigorously in the
cause of the people. [Applause.l We
are rapidly reaching the condition
which was predicted by Abraham Lin
coin when he uttered these words: LAS
the result OF the war corporrtions have
been enthroned, an era of high prices
will follow, the money power will en-
deayor to prolong its reign until all the
wealth is aggregated in the hands OF the
few, and the Republic is lost" APP
plause.
To convince you that Lincoln's pre-
dictton Is being realized l cite to you
the utterancts of Republican Con-
gressman (Butterworth) from Ohio,
who said in Congress that he could up
on the ten fingers of his hands count
the men who had added more to their
wealth in the last ten years than had
been added to the wealth of all the
agriculturlstSi in any State in the Union.
Democratic applause.l The American
Economist says that tho number of
people in the United States who own
their own homes has in twenty-five
years fallen from fiye-eights tU three
eighths. How many years will it take
them to fall to one-eighth? The Pro-
gress says that when Egypt went down
per cent of her people owned 81 per
cent of her wealth; people were starved
to death; that when Persia went down
per cent of her population owned all
the land; that when Rome went down
300 men owned all the known world.
In 1850 in This country capitalists owned
373 per cent of her wealth. Yet he
who goes before the people, and without
comment, without temper. points to
these facts that are statistical, is sneered
at as calamity croaker."
Bradstreet, an authority in this couu-
try, says that the total number of mer.
camille failures in the United States for
the nine months for 1891 WAS S,S66, as
compared with 1928 in ii like period of
1890, an increase OF II per cent. lhis
is uDoer the Mckinley bill. Applause
Yet In 1890, when Mckinley accepted
the nomination for Congress, he said
that II his bill passed the Senate this
country would win a boom more mar
vellous than it had ever known. Laugh
ter. Where is that boom? Demo-
cratic applause. Free sugarr Free
sugar." from the Republicans.l Were
1t not for the present abundant crops,
the best i'll ten years, these failures
would be Il great deal worse than they
are. One Of the greatest causes of the
depression and failures of the present
season is that we are paying too much
taxes. Mckinley, on May 5, 1888, at
Philadelphia, SAID that tariff was Il ak.
democratic applause.] Now, who
pays that tax? The Major says that
this tax is not paid by the consumer.
Now, the Supreme Court of the United
States. the highest authority in the land,
has said who paid the tax. In the case
of Brown VS. the State of Maryland
they unanimously announced that "a
dnty on imports is tax that is paid by
consumers" Democratic applause.
In 1870 William Richardson, once Il
member OF the Court OF Claims and eX-
assistant Secretary of the Treasury, in
reply to an inquiry by Senator Sherman,
said that the importer adds the duty to
the cost Of the goods and the consumers
pay it.
Governor Campbell here caused Il
board to he hoistt d upon the stage on
which he demonstrated by methods of
bookkeeping the injustice of high
tariff. a man goes to England and
purchases goods To the amount of So, 600;
the average duty on these goods would
be $1,000, making $4,000, total sum paid
by importer. Here another board was
hoisted on which this $1,000 was charged
up to profit and loss," indicating that
If the importer did not charge the duty
to the consumers he would lose $1,000
paid in duties. Thus the foreigner did
not pay that lax. Another board was
hoisted. 1t was shown that if tho for
eigner paid the tax the cost price OF the
goods offered to the American consum-
er would he $1,000 instead of 5000,
which would be absolute free trade.
Now, when genuine reciprocity comes
iii, we would have not little one. sided
reciprocity with the little countries of
South America, but substantial re-
ciprocity with England, France and the
world. Applause. The duty on plate
glass is l4U per cent. Last year we i'm J..
ported $4,000 worth of plate glass.
That was the value of the goous in
England; yet upon that glass there was
paid 3223,OOO duties. or $4,000 more
than the cost OF the glass in England.
Who paid that tax? Did English man
ufacturers give us glass and pay $4,000
besides to get us to Take IT? Applause
and Laughter.l n Chicago paper says
that last week Il Chicago lirm received
81 400 worth of pearl buttons from
Australia and the duty on these buttons
was just $4,000, or Il irille over POO per
cent. Who paid that duty? Laugh
TEL Did the foreign manufacturer
pay nearly $1,000 for the privilege of
sending pearl buttons LO US? Laugh
tel, and applause. The Mckinley bill
provides that so per cent of the duties
on some articles shall be refunded, pro-
vlded these articles are exported. Last
year The Standard Oh Company i'm.
ported tin TO :his country upon which
they paid more than Il million and II
quarter tax or duty. Il they did not, if
lhe foreigner instead paid that duty,
then the United States has pnt it's hand
In our pockets and presented the stand
ard Oil Company with IA million aud IL
quarter Of our money, ior this amount
was refunded to the Standard Oil Com
papy. There were manufactured in
this country last year $5.50O,O0O,COO
worth OF EondS.
If the tariff on dutiNble goods is 60
per cent 1t is fair to presume. taking
projected and unprotected industries
together, that at least oIit.third of that
sum is paid in lieu duties to manu-.
facturers at home upon the American
product. 1t is said Ill this is done for
the upbuilding of and maintenance of
manufacturers. "How long, Lord, how
long, shall this upbuilding and maiiite.
nance go on?" A voice: "FOr all tlme."]
Then will II not stop with eternity"
lApplause.l
Campbell continued in this manner
his analysis tf the Mckinley tariff and
then read from the certificate of the Re-
publican secretary Of the Ohio State
board of equalization showing that in