Crawford avalanche. (Grayling, Mich.) 1879-19??, 1892-10-13

shall we suppress tno inpoStS anu
give that advantage to foreign over do
nestle manufactures" For himself he
recommended that the imports be
maintained' and that the surplus Gre
ated should be appropriated to the in-
proyement of roads, canals, rivers and
education II the constitution did not
give sufficient power to warrant these
appropriations jefferson went so far as
to recommend that it be amended. This
presents the strongest condition OF
affairs upon which protective tariff
can be justified and Jefferson did not
hesitate to recommend IL. The demo-
Gratis of the present day, II is needless
TO say, are the direct opponents of the
policy which jefferson thus outlined
and adhered to.
"When the principle of reciprocal
trade was first proposed to be intro
duced into the tariff system, the demo
Gratis showed most generous appreci-
alton of the question and gave it their
support so long as the republicans re-
fused to accept 1T, but when the repub-
Leans came TO approve II the democrat
support vanished, and instead of favor
ing we find the democratic national
convention passing resolution hostile
to the system.
A Striking Contrast.
"But in spite of the democrat opposi-
ton we have attained through reciproc-
ity n new and valuable trade and the
system has demonstrated its many adj
vantages. We were about to declare
sugar, molasses, coffee and hides free
of all duties in the Mckinley bill. but
instead of that we passed a law by
which we asked the several nations in
terested what they would give to have
these articles made free. We found
that the privileges which we were
about to give without cost and with
out charge would secure a large trade
in Brazil, in Cuba and Porto Rico, In
the Windward and Leeward islands, in
British Guiana and Jamaica, San
Domingo and the five central American
states, and to a minor degree in Aus
tria, France and Germany-all in ex
change for the articles which we haC
intended to gratuitously admit. The
free list of the Mckinley tariff is larger
in the number of articles and in the ag
gregate amount of their import value
than the dutiable list. What would
have been the result to the states i
every article before it was put on tn,
free list had been made the subject o.
inquiry to see what we could ge
| in exchange for it? We omitted Il
do so for many years. AnC
that neglect has cost the government
| advantages in trade which would hav,
amounted to tens of millions of dol
lars. This is the whole of the reel
procity scheme. It secures q valnabl,
| trade in exchange for articles other
wise destined to be put on the free list
| The democratic party think they cal
discredit and they make the effort, ap
parently for the unpatriotic reason
| that they did not originate it.
"With all it's calamities the wa
brought us one great blesssing-a ma
tional currency. There are many VIII
will say that it was worth the cost O
the war to bring about so suspicious
result to capital and labor Before tn
war we had the worst currency system
| of any enlightened nation in the world
The state banks were thoroughly IRE
sponsible. They existed by thousand
throughout the United States, whereve
one of them failed the result was
large loss and great distress among tn
| people.
'No one was responsible for thei
bills. OF the state banks it was ofte
and truly said that their debts wer
| VIC VI PiOhOo' NSAhNC VI
close of the war all this is different
Every paper dollar that circulate
among the people has the United State
behind it as guarantee. All tn
banks that exist are under the cor
| troll of the national government, and
they fail the government has take
care that their bills shall be paid b
securities deposited in government
vaults. Under these circumstance
| it is matter for extraord
nary surprise that the demo
crat convention should deliberatel
pass resolutions for the revival of stat
banks. The palpable effect of this pol
icy, if carried out, would be to chea
the poor man out of his daily bread
If state banks be adopted and their Gil
culation attain a large issue, no devic
could be more deadly for the deceptio
and despoilment of all the commercia
and laboring classes. have heard tn
argument adduced that we would kee
the money at home if state banks wer
instituted; but we should keep it q
home because it would be so WORTHLESS
that nobody would take it abroad
Were the system of state banks revive
we would again have discounts at tn
state lines, large charges for drafts o
financial centers, and general suspicio
of every bill offered in payment wit
liquidation every few years tina
would be n destructive loss to the II
nocent holders of bills and CORE
spending profit to the parties ownin
the banks. The issues which i hav
given are the issues upon which
would arraign the democratic party.
would not multiply issues nor be d
verted by our opponents from steaC
fast adherence t. and constant preser
tation of, these questions before til
people until every voter is made
know and understand their true an
weighty significance. Very sincerel
yours. JAMES q. ELAINE.