The enterprise. [volume] (Wellington, Ohio) 188?-1899, 1892-09-14


sugnr planters Of the south and the beet sugal
industry Of the northwest and Of the Paciat
coaStY or are we 10 have the taxed sugar pnC
cofiee which "tarin for revenue only" neces
barily involves, with the added loss OF the new
markets, which have been openedf As / have
shown, our commercial rivals in Europe do mo-
regard this reciprocity policy as o ''sham" bu
as q serious threat 10 o trade supremacy theJ
have long enjoyed. And will not believe thai
what is 50 plain to them can be hidden from ouI
own people.
The declaration OF the platform In favor Of
'the American doctrine Of protection" meets
my most hearty approval The convention did
otadopt . schedule, but principle that is q
control oil tariff schedules. There may be dif
ferences OF opinion among protectionists as Ia
the rate upon particular articles necessary tc
effect an equalization between wages abroad
and at home. In some not remote national cam
paigns the issue has been, or more correctly
has been made TO appear TO be between high
and a low protective tariff both parties expres
sing some solicitious regardfo the wages OF our
working people and for the prosperity OF our
domestic industries. But under o more cour-
ageous leadership the democratic party has now
practically declared that, II given power, It will
enact tarin law without any regard to Its ef
feet upon wages or upon the capital invested In
our great industries. The majority report of the
committee on platform to the democratic no.
tional convention at Chicago contained this:
That when custom house taxation Is levied
try the difference between the cost OF labor here
and abroad when such difference exists, fully
measures any possible benefits 10 labor; and
the enormous additional impositions OF the ex'
istilg tari1 fall with crushing force upon our
farmers and workingmen."
Here we have o distinct admission OF the re.
publican contention, that American workmen
are adyantaged by tnrin rate equal 10 the diff.
ference between home and foreign wages, and o
declaration only against the alleged additional
N all nNt tlsas saxrta tts.s, III Las.
Again, this majority report further declared
But In making o reduction in taxes, II Is not
proposed TO injure any domestic industries but
rather 70 promote their healthy growth. More.
over, many industries have come 10 rely upon
legislation for successful continuance, so that
any change OF law must bo ct every step regard.
ful OF the labor and capital involved"
Here we have an admission that many OF our
industries depend upon protective duties for
their successful continuance, and declaration
that tarip changes should be regardful OF the
workmen In such industries and Of the invested
capital.
And now o few words in regard 10 tho existing
tarin Jaw. We are fortunately able TO Judge OF
us influence upon production and prices by mar.
ket reports. Tho day OF the prophet OF calamity
has been succeeded by tnat OF the trade re.
porter An examination into the effect OF the
law upon the prices OF protected products and
OF the costs OF such articles as enter into the
living OF people Of small means, has been made
senators Of both parties, with the aid OF the best
and the report signed by all the
the public
No such wide and careful inquiry has ever be.
lore peen made These facts appear from the
report
First--The cost OF ARTICLES entering into the
use OF those earning less than el, 900 per annum
has decreased up 70 May, 1892, az per cent.
while In farm products there has been On In.
ANRNN4 Na u-Na a. -
foreign demand and the opening OF new mar.
kets. In England, during the same period, the
cost OF living increased 10 per cent
Tested by their power 70 purchase articles Of
necessity, the earnings OF our working people
have mover been as great as they are now.
Second-There has been on average advance
IN the rate OF wAges OF rs OF per cent
Third-There has been an advance In the
price OF all farm products OF iao7 per cent, and
u all cereals sa 30 per cent
bureau Of labor statistics Of the state Of New
fork-A democratic oficer = very recently
ssued, strongly corroboratss as TO that state OF
acts found BY the senate committee. His ex
ended inquiry shows that in the year immedi
.tely following the passage OF the tariff act OF
~, the aggregate sum paid In wages in that
tate was u, "a, ,925 In excess and the aRQregate
ear.
In view OF this showing OF an increase IN
ommon necessity, and OF marked advance In
he prices OF agricultural products Il Il plain
hat this tarin law has notimposed burdens but
as conferred benefits upon the farmer and,the
One Of the favorite arguments against n pro.
eotive tariff Is that Il shuts US out from par.
icipation In what Is called with swelling EN-.
hAsis the markets OF the world" II this view
not q false one how does Il happen that our
ommerclal competitors are not able 10 bear
aUr
hem OF the markets OF the world" and how
oes II happen that the partial loss OF our mar.
OF closes foreign tin plate mills and silk plush
lctories that still have all other marketsi Our
he reciprocity policy make It possible Tor Us 70
ave large participation In the markets oi
he world" without opening our own 10 a com.
eution that would destroy comfort and inde.
endence ofour people.
2 he resolutlonof the convention in favor Of
imetallism declares, think, the true and nee.
ssary conditions Of movement that has upon
lese lines my cordial adherence and support
am thoroughly convinced that the free coinage
silver az suoh ratio to gold as will maihtain
le equality In the commercial uses OF the two
,ined dollars, would conduce 10 the prosperity
all The great producing and commercial ma.
ons OF the world
In our relations WITH the great European DOW.
3 the rights OF the United States and our citi.
ms nave been been insisted upon with Arm |
rength OF our adversary has given tone TO our
The Samoan question and the |
ering sea question, which came over from the |
eceding administration, have been the one |
tiled and the other submitted 10 arbitration
ION fair basis.
Never before, think, In q like period have so
any important treaties and commercial agree.
ents been concluded, and never before am
re, have IN" honor and innuehce, national
"a commercial, OF the United States been held
higher estimation In both hemispheres
The general condition OF our country Is one OF
eat prosperity. The blessing OF God has
sted upon our fields and people The annual
lue OF our foreign commerce has increased
ore than 400, ,OJO,UO0 over the average for the
eceding ten y ars and more than S2lO,OO 600
or 1871, the last year unaffected by the tarir.
70 merchandise balance Of trade IN our favor
Itch the commercial pregress which these
ures disclose. Our compassion may well 20
! 70 those whose party necessities and habits
II compel them 10 declare that our people are
oppressed and our trade restricted bya pro.
tive tarin.
I Is not possible for me to refer even in the
efest way 70 many Of the topics presented
the resolutions adopted by thp convention.
ION oil that have not been discussed have
'ore publicly expressed my views The dem.
.atic party oilers programme Of demolition
tho protective policy 70 which all business,
p p tnst Of the Importer Is now adjusted, the
all TO be demolished. not gradually taken |
Fn, but blown un To this proHraIhmS Of de-
uotion II has added one constructive feature, |
lreestablishmont of state banks Of issue
'he policy Of the republican party ia, on the
or hand disYnetiysly . policy pf safe pro-
: markou and nov ships II viii sdbjsot
illness TO no perilopg changes but offers at
etive opportunity for expapsion upon famh.