Daily Yellowstone journal., 1892-09-16

l>ortation of foreign goods until our
| money runs out; multiplied our foreign
obligations: produced Il balance Of trade
against tho country; supplanted the do
nestle producer and manufacturer; inn~
| paired the farmers home market with
ont improving his market abrUatl; under~
mined domestic prosperity: decreased
the industries u the nntion: diminished
the value of nearly all our property AMI
Investments. and robbed labor Ut it's lust
rewards! Tllc lower tic tariff the more
widespread aud aggravated I,uvo 1ee,l
those conditions which para1yzc our
progress anl industries. This Is the
verdict at history.
Industry and property were EXCESSIVE
~ depressed from LIZA to 1790 md again I
troh 1918 tn 1924 under the low tariffs |
then in operation; also from 1S3. to the |
end Of 1912 under the compromise act OF |
le33. ana again from 1915 to 1861 under |
the free trade tariffs Of 1916 nna 1857. |
The depression which prevailed during
NIL these periods was felt il every indi-
s1duaI pursuit aud national industry.
III the contrary, the industries and en-
ergles Of the nation revived an If by
magic from 1926 to 1854 under the pro-
fect1Te Tariffs OF 1924 and 1928, aud also
from 1843 to the end Of 1s40 under the
protective tariff OF 1872 Our progress
in industrial development and prosperity
from 1851 to the present tinle untler tho
Morrill, tariff and its supplements finds
no parallel in the world history. Labor
was never better rewarded than it ia
now.
MIR. Edward Atkinson, a careful stu
dent aud himself tariff refor1ner, re-
Gently wrote. ''The share of the annual |
product which Is now falling to work {
men, in the strictest sense. is bigger ,
share of bigger product than workmen r
have ever attained before in this or any
other country"
Invention, improved machinery and :.
row processes. stimulated BY our indus.
tral conditions. made possible by pro- t
tect1ve laws, have improved the prod c
acts OF our workshops and have brought | /
articles Of comfort and necessity within .
;ho easy reach Of the masses, with no
llmlnution OF the rewards their labor.
We believe the American policy is
vest adapted to our citizenship and civil
cation, and this belief il sustained by r
be highest American authorities from ).
Washington down. AZ hundred
ears OF experience. VIC .~Aow what It | :"
las already accomplished for d self gov v
rned people. The world knows Of the q
wonderful progress We have made. If h
his policy il to Ge reversed it must be II
one not by clamor aud misrepresenta- st
ion, not by schoolmon aud theorists, r.
ot by falsohood and hypocritical solici- h.
ade for the poor man. not by exaggerat- ~
d laudation Of tho cheap coat. but after ~
he fullest discussion and investigation "
y the sober and intelligent Judgment t.
tho majority constitutionally regis ID
'red, 1t will never be so reversed h.
rhlle we remain q nation of political u
luals. Time and experience have vim
[cated the great system; time and
nth will vindicate the new law, which
as founded upon it. False witnesses
i'll be confounded by the unimpeach- T.,
Die testimony OF trade and experience. 49,
heir portents have already been i'm w
cached. False prophecy ,nust fall be- 70
re good times and abounding pros al
'rity. Campaign prices have already ba
ZEN convicted az campaign lies. New he
dustries are being founded; others ca
Nv established are enlarging their ca 80
city. Idle mills *re being started. ,a1
10 only menace to our advancement ~. ~.
ID prosperity, to our wage earners and ~
rning interests. is the party which Ia IL
edged to the repeal OF the now law M
d the substitution ut tha British sxs. Ian