The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-09-15

portation of foreign goods until our
money runs out; multiplied our foreign
obligations; produced balance Of trade
against the country; supplanted the do
nestle producer and manufacturer; i'm
paired the farmers home market with
out improving his market abroad; under
mined domestic prosperity; decreased
the Industries of tho nation; diminished
the value Of nearly all our property and
investments, and robbed labor of its Just
rewardsi The lower the tariff tho more
widespread and aggravated have been
those conditions which paralyze our
progress and industries. This is the
verdict Of history.
Industry and property were excessive
ly depressed from 1884 to 1890 and again
from 1918 to 1924 under the low tariffs
then in operation; also from 1887 to the
end of 1912 under the compromise act of
1883, and again from 1916 to 1861 under
the free trade tariffs of 1915 and 1857.
The depression which prevailed during
all these periods was felt In every indi-
lvidual pursuit and national industry.
Ca the contrary, tho industries and en-
ergies of the nation revived as If by
magic from 1925 to 1884 under the pro-
tective tariffs of 1924 and 1928, and also
from 1S43 to the end of 1916 under the
protective tariff of 1912 Our progress
in industrial development and prosperity
from 1861 to the present time under tho
Morrill, tariff and its supplements finds
no parallel in the worlds history Labor
was never better rewarded than it is
now. .... 80. -.
4 Mr.. Edward Atkinson, careful stu
dent and himself tariff reforIner, re-
Gently wrote, "The share of the annual
product which is now falling to work
men, in the strictest sense, is a bigger
share of bigger product than workmen
have ever attained before In this or any
other country"
Invention, improved machinery and
new processes, stimulated by our indus
trial conditions, made possible by pro-
tectivo laws, have improved the prod
ucts Of our workshops and have brought
articles of comfort and necessity within
the easy reach Of the masses, with no
diminution of tho rewards of their labor.
We believe tho American policy is
best adapted to our citizenship and civil
ization, and this belief is sustained by
the highest American authorities from
: Washington down, and by q hundred
years of experience. We know what it
has already accomplished for self gov
erned people. The world knows of the
| wonderful progress we have made. If
this policy is to DO reversed it must be
0 done not by clamor and misrepresenta-
Y ton, not by schoolmen and theorists,
tnot by falsehood and hypocritical solicit
tude for the poor man, not by exaggerat-
ed laudation of the cheap coat, but after
the fullest discussion and investigation
: by the sober and intelligent Judgment
of the majority constitutionally regis
/ tered. 1t will never be SO reversed
2 while we remain q nation Of political
a equals. Time and experience have vim
j, dictated the great system; time and
, truth will vindicate the new law, which
was founded upon it. False witnesses
4 will be COMPOUNDED by the unimpeach.
able testimony Of trade and experience.
Their portents have already been i'm
peached. False prophecy must fall be.
= fore good times and Astounding pros.
II perity. Campaign prices have already
:, been convicted as campaign lies. New
!, industries are being founded; others
d now established are eularging their ca.
II pacity. Idle mills are being started.
The only menace to our advancement
2 md prosperity, to our wage earners and
il farming interests, is tho party which Is
% pledged to the repeal of the new law
Z, and the substitution of the British sys
tenn in its~phce. Free and full discus
sion will avert the danger. Nothing
o. else will.-W6'iam Mckinley, Jr.