St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-07-27
Vest, Of Missouri, Cleverly
UncoverS Its Fallacies
and Pitfalls.
:.
A Vote on the Worlds Fair
Loan to Be Taken in the
House Today.

iSSu0 HotSS. IiiG lOuSC Oils Ill regard
to redemption of lost notes, and the ap-
pointment of receivers for national
banks, were called up by Mr.. Sherman
and passed.
Mr.. Chandler introduced resolution
instructing the interstate commerce
committee to inquire into the alleged
encroachments of the Grand Trunk
railroad in Determinations in the West
Referred.
Mr.. Aldrich called up the Hale reso
luton on Republican protection and
Democratic tariff reductions, and spoke
at great length in support of the tariff.
In opening his speech he asserted that
the tariff question is become 10y common
consent
The Leading issue
in the approaching presidential cam
paign. Tie radical declarations Of the
Democratic platform adopted at Chica-
go and the equally radical utterances of
leading representatives of the party
insure this result. The party platforms
of 1892 declare with much greater can
dor than is customary in papers of this
kind the doctrines of their respective
parties. The Republicans enter the
campaign distinctively favoring the
continuance Of the protective policy and
announcing the principles which should
control legislation, while on the other
hand the Democrats denOunce prOtec-
ton as fraud, declare the unconstitu-
tiOnality of protective tariff duties and
make special attack upon the tariff
act of 1890 as the eliminating atrocity
of tariff legislation.
The Democratic platform, he asserted,
is in many respects a radical departure
from any of the previous official utter
anceS OF the party. At no time in tine
history of the country. except in the
course of the movement for nullifac-
ton, has any attempt heretofore been
made to make the doctrine of the un-,
constitutionaiity of protective duties
the essential element of political
creed. The steps by which the Demo
cracy have reached the radical position
they now occupy have Teen very
gradual. The Democratic platforms of
1884 and 1898 were so constructed as to
secure the approval! OF large numberOf
Incidental Protectionists
who then held place, nominaIiy at
least. in the democratic raukS; but III
the platform of 1892 all DISCUSSES are
thrown Off, and, for the first time, the
party is arrayed in emphatic antagOn-
ism to tariff rates which contain any
element of protection. This clear align
ment CT parties removes all opportunity
for possible difference Of opinion in re-
gard to the Republican plan of cam
paign. The friends of protection will
wage aggressive warfare upon the revo-
iutiOnary doctrines, which, although
long secretly cherished by Democratic
leaders, are now for the first time openly
avowed.
The report of the subcommittee of
the senate OIL finance was referred to
and its details spoken of at great length.
The senator said: ut is shown as a net
result of the investigation that prices
and cost OF living, based Oh the eX-
penditureS of family in ordinary Cir
cumstances. had declined 81 per cent in
May, 1892, as compared with the period
prior to the adoption of the tariff act of
1890. The decrease in the cost of living
from June. 1890, to May, 1891, as shown
by the report OF the finance committee,
was q per cent.
The Advance in Wages
as shown by the same report was IS of
per cent. This makes all average adj
vance in the purchasing power of wages
of Ais per cent, assuming 5000 as the
average income OF the families in the
country. This would be equivalent to
S25 per family, or an aggregate saving
for 13,000.000 families of 1922, 100000 for
each year. The addition of this vast
sum annually to the national earnings
and wealth is an achievement which
speaks with more eloquent voice than
| can command in BEHALF of policy
under which such results are possible
1t is very significant, he continued,
that while the cost of living in the
United States declined for the period
covered by the investigation OF the
fnnnce committee, the cost of living in
England increased 1.Y0 per cent. While
the attempt to compare average retail
prices in England and the United States
is not satisfactory, 1 an convinced that
tor family buying the same quality of
articles at retail in the two countries,
the cost of living would not De higher
in America. AT no time in our history
have the eOrningS of the American peO-
pie been as great, measured by their
power to purchase the comforts and
other neceSsarieS of life as they are
today. Measured by the same standard
they are vastly greater than those OF any
people in the world.
Vest in Fighting Trim.
Mr.. Aldrich closed his speech at 2:3O,
and Mr.. Vest at once took the floor to
reply. He said the speech of the SEN
ator from Rhode Island was an. entire
departure from the position of tee Re-
publican party in 1888 as set out
in the platform constructed by
rich had asserted that lhe McKin-
ley tariff was intended to equalize the
difference between labor in the United
States and labor abroad. The platform
upon which MI. Harrison was elected
was based on square proposition to
include all foreign products coming
into competition with the products Of
the United States.
In the face of the carnage and blood
shed at Homestead, the senator asserted
that the country was contented and
that the most amicable relations existed
between the employers and the en-
ployed. Under the theory of the SEN
atOr the workingman was either a
brute or an anarchist, or he was ops
pressed by his employer. He affirmed
and the price of land in the agricultural
states had been reduced under the opera
tiOns of the Mckinley bill.
This statement called out so many
Interruptions that MIR. Vest amidst
laughter remarked that he believed that
he would have to swear in the whole
Republican party.
A Telling Shot.
Resuming, he asked what had caused
the attacks to spring up all over the
country. What caused the presence Of
the anti-optiOn bill here
What had caused grave and reverend
senators to depart from the habits of
lifetime to consider measure which be
(VesD believed unconstitutional, and for
what purpose? To improve the price
of agricultural products.
LII the course of other remarks Mr.,
Vest referred to an old speech of Mr..