The Red Cloud chief., 1892-10-14
SHERMAN ON THE TARIFF.
Protection and Honest Money Warmly
Endorsed.


TENDER 30 TO i've thousand people at
North Fairfield. o., n town in Center
county away from any railroad. lie
favored protection and honest money,
denounced the wildcat state banks
scheme" indorsed Il. j. johnson for
congress, paid glowing tribute to Har-
rison's administration and said nothing
about Cleveland's letter of acceptance.
The meeting was n great success from
u republican standpoint.
Among other things Senator Sherman
said:
THE republican party may not always have
done what it ought to have done, but its record
OF deeds from Lincoln 10 Harrison is the bright
est page OF American history. Compare the
United states OF America as IL Is with what IL
was In 1891 and you have the work OF the rcpub-
liean party. During all this time what has the
democratic party done to justify your SURFACES,
Nothing. Their record Is u record Of failures
attempts TO do what they have not done. And
now their effort is to repeal the Mckinley tar.
if law for the protection of American industries,
to reduce I c standard OF value and TO restore
the use OF state bank paper money In the place
OF national money. II Is these three PROPOSE
lions I wish TO present to you very different in.
deed from the questions I discussed with your
fathers.
Tho most important, is, perhaps, the tarin
question. The II publican party has this great
advantage on the mrin question: II was not
con mititd E. The Gus OF either the whig or
democratic party, but, as q new party, founded
mainly on the slavery question, it could, and
I'D, when 1t assumed the government OF the
country, adopt that line OF pubic policy In i'm
posing duties on imported goods as would yield
ihe necessary revenue and Ut the same time
foster and project American industries The
first law which the republican party put upon
the statute books was the Morrill, tariff law Of
1851, passed after Lincoln was elected, In the
last days OF Buchanan's adninis&ration when
southern senators and members open.
ly revolted ana deserted their seats
in congress. This act IN the basis
Of all the tariff acts since theL. The principle
adopted was TO levy such duties on imported
goods as would furnish enough revenue TO sup.
port the government, ana second. that IN levy
Ing such duties II should be so done as to foster
and protect ali American industries impair.
tally. As the duty was levied upon the foycign
article and not upon the domestic article the
domestic article has the advantage and protcc.
ton Of the duty. The object was to induce our
people TO enter into every branch OF manufac-
lures for which we had the raw materials. The
reason for this policy was th.t our laboring
men under free institutions needed better food
and clothing and could not or ought not to com
pete with the pauper labor OF Europe ut Nh
same wages and mode OF living.
THE duty imposed on foreign goods would
enable the home manufacturer 10 pay higher
wages consistent with American citizenship,
ana yet compete in many branches OF industry
with his foreign rival. The great object OF this
policy was to secure n diversity OF employments
and productions which are indispensable 10 our
independence as q nation The laborers EN-
ployed In new Industries would furnish u home
market for the produce Of the farm.
A the result Of this policy we now manu-
facture in the United States nearly every
article essential to human life. The growth Of
American industry I'm the last thirty years has
been parvelous-more than three fold
This policy Of protection has had another ef-
feet II leads TO free trade In all articles that
cannot bc produced In this country. Formerly, y
duties were imposed for revenue on ten, coffee, '
sugar and various productions not suited to our
climate. Now we are able TO produce from ar.
ticles that compete with home Industries all the
revenue needed, and to repeal all duties on all
articles which we cannot produce.
''Besides this, by treaties Of reciprocity we
have made arrangements with nearly all the
countries that produce tea, coffee, sugar and
such articles SO rs TO secure u greatly enlarged
market for American productions. We now ad-
tAiN tht ouN-uLAl VI vi IL uTtltltS lul-
ported into this country free OF oil duty. II
Tree trade Is u blessing we have conferred IL
upon the people, but We have taken care to doit
50 as not Ia affect any American industry.
in lcvying duties care has been taken that
they should not be SO high as To give the
American manufacturer q monopoly In produc-
ton. They have only been sufficient to COM
pcnsate for the difference In the rates Of wages
and cost Of production in the two countries, but
not so high us TO prevent full and fair COMPETE
t.on with other nations. We have also guarded
against trusts and combinations In articles i'm
ported, so Us to prevent their advance In cost
TO the people beyond the actual cost Of produa-
tion.
''The protection that is afforded by our tariR
laws extends TO Nil industries. The old rule
was mainly to contne II To manufacturers but
now all industries, Of every name and nature,
are protected from undue foreign competition
by wise discriminating duties. The farmer has
the full benefit of protection on. his wool. his
grain, his horses and on evory article which has
to compete with foreign productions. Fortu
nately our country is so favored that in cotton,
wheat and many other productions we have no
competitors that can rival us on equal terms.
As to these the farmer has only the competition
OF other farmers, and al no has to. fear is, oaer.
production ~ home.
ut is for you, fellow citizens, to say whether
q public policy that has been maintained so long
ands successfully, that has produced such won.
derful results upon the history and prosperity
OF our country, thntsEaS already advanced us to
the richest farming country and the greatest
manufacturing country in tie world. shall be
abandoned in order to carry out the IDEAS OF the
confederate states ana the freo-trade notions OF
commercial cities and Of professional dudes
whose only idea is thai 1t is not English, you
know
There is another question Of public policy
which. though not entirely political, Illustrates
tho devious ways and changing opinions Of the
democratic party. Ii Is the silver question Last
year they resolved In the Ohio convention In
favor OF the free coinage OF silver. This means
that any holder OF 3'iia grams Of pure silver, or
multiples OF that sum, might present IL to the
mint and demand u for it, Silver IN worth In
the markets OF the world about 1 cents an
ounce OF iS0 grains, or the silver contained In
the silver dollar is worth OF cents. The result
would be that gold would be demoastizcd ana
silver alone would be the standard Of value, or
that then United States would pay 60
per cent more for silver than II Is worth.
The,resulto of tree coinage would be disastrous 10
all industries, and would be especially hard
upon the Aheyer ind the poor. They would
bc deluded by the hope Of nominally In.
creased wages bat OF less purchasing power. I
can scarcely discuss this question With patience