The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-09-05
All Reports Indicate tina, II Was q Great Day
in the Counties and that Public Senti-
ment Is with the Pr0tectionistS.
Farmer Mounts Speech at Spencer Will
Bear Rich Republican Fruit.
Claims of Democrat Leaders Handled in a
Searching Manner-At Lafayette. New
Castle, Warsaw and Other Places
A Real Farmers Effective Review OF Steven
son, Voorhees, and Matthews.

A Real Farmers Effective Review of Steven
son, Voorhees, and Matthews.
Special to the indianapolis Journal
SPENCER. Sept. 3.-The campaign was
opened In this city to-day by the Republic
ans. The meeting was q large one, every
part of the county being represented by
good delegations. The address of Senator
James A. Mount proved to be q review, by
q practical farmer, of the speeches of Stew
enson, Matthews and Voorhees, delivered
at Vincennes, and directed to the farmers.
Mr.. Mount said that, coming, as he did.
from his hard toll on the farm. a very hum
bic farmer, he felt q delicacy in renewing
the speeches of distinguished men. orators
of national fame; but since all, or most all,
of their argument had been directed to
those engaged with him in farming, be
felt q liberty to consider their speeches
from the stand point of = practical farmer.
Mr.. Stevenson, he said, condemns pro-
lection. but favor duties for revenue only.
and in defense of his position said:
From the passage OF this law (the Walker
revenue tariff law, in 1916, to the outbreak OF
the war has been truly demonstrated the golden
period OF our history. The farmer, the mechanic.
the day laborer alike realized the benefits OF low
tariff.
Let noidle words of mine deceive you;
let history speak. From 1S47 to 1860 our I'M
ports were In excess of exports the enOr-
| nous sum OF 1886, d -, 755. During q like
period under protection. from 1877 to 1890,
our exports exceeded imports Sl.6l2. esq, 755.
with the increase In our favor marching on
under the Mckinley bill. During the
Walker revenue tariff our revenue fell short
of meeting current expenses of the govern
meDt $40, O25, 025. 80 that in 1861 we had, fol-
lowing this ruinOus economic system, a
bankrupt treasury. deprecated credit.
paralyzed Industries and ruined markets..
The farmers of our State are told that
the cause of the de depression in agriculture is
the 'robber tariff" that If we had the mar.
kets of the world for our surplus and al
lowed foreign countries TO import their
manufactures we wOnld have q greater de-
mand for our farm produce at better prices
and could purchase cheaper the manu-
featured articles we need. This is pre-
cisely the argument offered by the Demo-
cratic party In 1916 In support OF tho
Walker revenue tariff bill. 1t was claimed
that the passage of that tariff bill would
give increased demand for farm produce
and cheaper articles from abroad. To prove
the fallacy of this argument quotations
from the MESA ges of limo and Buchan-
an will be most convincing. President
Fillmore said, on Dec. 2. 1851, In his message
to Congress. in speaking of the condition
OF the country:
The value or our exports of breaestuffs and
PtO WhiNh ~ a ooHPOcCu II htChtiN
Of a low tariff and large importations from
abroad would have greatly augmented, has fallen
1 1s5o, and sos; sSi, SIS ,e Is IN hs4 ISL Z With wng't the strong a4o ~
probability, amounting almost TO q certainty, of
q still further reduction In the current year.
on foreign merchandise, it was thought by those
who promoted and established it, would tend to
benefit the farming population of the country by
increasing the demand and raising the prices of
agricultural products in foreign markets. The
FOREGOING facts. however. seem TO show indis-
putably that no such results have followed the
adoption OF this policy.
Again he said In his message of Dec. 6,
1852:
Repeating the argument contained in my
former message in favor of discriminating pro-
tective duties, deem it my duty to call your at
ing this subject. The first is the effect OF large
inportations OF foreign goods upon our cur
rency. Most of the gold or California, as fast as
| it can be coined, finds it's way directly to Europe
in payment for goods purchased. In the second
place, as our manufacturing establishments are
broken down by competition with foreigners the
capital invested IN them is lost. thousands of
honest. Industrious citizens are turned out of EN-
ployment, and the farmer, to that extent, Is de-
prived of a home market for the sale OF the sur
plus produce. In the third place. the destruc-
ton of our manufactures leaves the foreigner
without competition in our markets. and he. con-
sequehtly. raises the price of the articles sent
here for sale. as is now seen In the increased cost
OF iron imported from Europe.
In this connection, let me say that in
1c4J OTtdt DEltalu oXpOTGSu SUU,UOU COnb Oh
railroad iron and sold it in American
markets at $40 a ton, and this being below
the cost of production at that time, our
manufactures of railroad iron were sus-
pended. From 1850 to 1854 Great Britain
exported S00,0 600 tons of railroad iron and
sold it in the United States at the advanced
cost of S75 per ton. thus showing. con.
clusiveiy. that so soon as our home mann
factories were broken down by foreign
competition the price advanced, as stated
l nv preaidenf EilmOre- In Decemher 1877
President buchanan In Dis annual message
to Congress-. said:
The earth has yielded her fruits abundantly
and has beautifully rewarded the toll OF the
husbandmen. We have possessed all the ele-
ments of material wealth in rich abundance, and
yet, Notwithstanding all these advantages, our
country, in it's monetary interest. is at the pres.
ent moment in a deplorable condition. In the
midst of unsurpassed plenty in all the prOduc-
ti0nsand in all the elements of natural wealth,
We find our manufactures suspended. our public
works retarded, our private enterprises OF diff
fereDt kinds abandoned and thousands Of useful
laborers turned out of employment and reduced
to want.
Writing of this time. Henry C. Cary, the
economist. changed from a tree-trader to q
protectioniet by such experiences as these,
said: in 1857 came the elimination of the
whole sy stem-merchants and manufactur-
ers became ruined, banks being compelled
to suspend payments. and the treasury be.
ing reduced to the condition of ban
ruptcy."
Mr.. Stevenson said o new system OF tax
alton was devised bv Congress-. known ne
the nternal-revenue system. He now
seems to pine. not as the lsraelites. for the
flesh pots of Egypt" but TOR q return to
that sy stem, made necessary by the ex-
igencies of war; but in the hour of its
necessity and the Nations peril, it was op-
posed. booted and denounced by Demo
Gratis IN Congress. and by the Democratic
press. He asks, has the Mckinley bill in.
creased wagesf would like to ask Mr.. Stew.
enson If he has read the report of Mr.. Peck,
the labor statistician of New York;
Two hundred and elghty-fve thou
sand working men and women
have had their wages increased in 1891 oveI
1890, So. 377, 925. or S23. ii per capita. / asked
Mr.. Cyrus DAVIS. In our joint discussion a,
Odon, what he thought of the report,
coming as il did from a Democratic State
officer. HIS reply was that Peck was q Hill
Democrat trying TO defeat Cleveland. This
fearless. conscientious report of an Off eel
Is giving the Democrats n peck of trou ole.
The report Of the Senate committee, to
when was added the figures of statisticIan
of national reputation. goes also to show
the good results of the Mckinley bill in the
reduced costof living. as web as increased
wages.
Mr. Stevenson's attack on the sugar
schedule of the Mckinley law betrays q
lack of wisdom. He says 500 600 are lost
TO the treasury and sl0.0 600. 900 paid TO the
sugar-grower. Our annual Importation OF
sugar is about three billion pOunds. The