The Magnolia gazette. [volume] (Magnolia, Miss.) 1872-current, 1892-07-02
THE TARIFF PLANK.


as adopted by the Chicago conven-
ton it as follows.
We denounce Republican pro-
lection as fraud, a robbery OF the
great majority OF the American peo-
Die for the beuefit of the few. We de-
clare ii to be a Fundamental prlnci-
pie of the Democ attic party thai the
Federal Government has no con
stitutiunal power to enforce and
collect tariff duties except Tor the
purpose OF revenue only, and lie
mand that the collection OF such
taxes shall be lmite to the nee
e,sities Of the Government honest
In and economically administered.
We denounce the Mckinley
tariff law enacted by the Ffty-hrs
Congress as the eliminating afro
city of class legislation we indorsr
the efforts made by the Democrats
of the present Congress to modify
its most oppressive features In the
direction of free raw materials ami
cheaper manufactured goods that
enter into general assumption,
and we promise is repeal as onr
of the beneficent results that will
follow the action of the people ia
iutrusting power To the Democratic
marty. Since the Mckinley tariff
went into operation there nave
been ten reductions of the wages
of lahoring men to one increase
We DENY that there has been anN
| crease of prosperity to the coun-
try since that tariff went into oper-
alton; we point to the dullness and
distress with wage reductions anu
strikes IN the iron trade as the
hest posslble evidence that no such
prosperity has resulted from the
Mckinley act.
We call the attention of bought
FIJI Americans to the fact that after
thirty years OF restrictive taxes
against the importation of foreIgn
wealth in exchange for our agri-
cultural surplus the homes aud
farms of the country have become
hurdened with real estate mort
gage debt of over S2,5OO,OO1, 900
exclusive of all other forms of IN
debteiness; that i'll one Of tn
chief agricultural States OF the
West there appears II real estate
mortgage debt averaging Sl6o per
eaplta of the total population, and
that similar conditions aud tendeu-
ces are shown to exist in the other
agricultural exporting States. We
denounce a policy which fosters no
industry so much as it does that
of the Sheriff.
Trade exchange on the basis of
reciprocal advantages to the coun
tries participating is time-honore d
doctrine of the Democratic faith,
but We denouuce the sham recipro-
city which juggles with the peo-
ple's dtsie for enlarged foreign
markets and freer exchange by
III etending TO establish closer trade
relations with a country whose
articles of export are almost exclu-
sively agricultural products with
other countries that are also agrl-
cultural while erecting custom
house barrier OF prohibitlve tariff
taxes against the richest countries
of the world, that stand ready to
take our entire surplus of products
and to exchange therefor commo-
dities which are necessarles aud
comforts of life among our own
people.
We recognize in the trusts and
combinations which are designed
to enable capital to secure more
than its just share of the joint pro
duet of capital and labor the natu-
raj consequences of the prohibitive
taxes, which prevent that free
competition which is the life OF
honest trade, but we brlieve Their
worst evils can be abated 10y Law,
and we demand the rigid enforce
ment Of the laws made to prevent
and control them, together Win
such fur her legislation in estta'nt
OF their abuses as experience may
show to be necessary.