The times. [volume] (Richmond, Va.) 1890-1903, 1892-09-07
MR. BLATyE HEARD FROM.
He yniniy Endssvors 60 Exoner>te the me-
Kinley Tariff Law.


,rorsto Ne. Sept. 6.-t'nder date OF
Sentembrr 81 Hon. james &. Blaine mas
written 4 letter to Chairman Manley, OIL
,ba Renuhlican State Committee, saying;
Not being able. for reasons whicn
bore eynlained TO you. 10 deliver puDle
sneeches i'm this present campaign,
take the liberty of submitting, my NieWs
ON the issues which / regard as peins
strongest for the Republicans 10 urge Dc
fore the people. ..,o,oa
The issue of the greatest consequence
is the tariff on imports, and IT VIII con-
tinue 10 be until u settlement is enecteni
bv a majority so large that IL VIII
be tantamount 10 general acquieScehce.
The Republicans are aggressive on lhls
subject. Two years ago they passed u
general enactment known as me NC
| kinley tariff, which for time failed 10
meet with popular approval and was re-
| garded with certain degree OK
| dstrust by those who mad Al
ways upheld the protective system.
| but powerful reaction has come III
consequences of a vindication OF the Me
| Kinley tariff 10y experience. 1t is found
! to have worked admirably, and within the
| last year has produced greater volume
! of business, il ternal and external ex-
port and import than the Ohl'eu statues
ever transacted before.
-
have taken position almost without
parlllel i'm the history of the country.
| They reject entirely the doctrine or pro-
! lection. pronounce il fraud ana anihe-
! matiZc il generally.
4 resolution to this effect was adopted
| by the Democratic convention against Tue
! Republican committee on resolutions Dy
two-thirds vote, thus maniiestlng the
! intelligent participation OF every man In
| the convention.
If anv one will take the trouble to read
the resolutions by which Mr.. Calhoun
sought TO defend his notification scheme
i'm 1888. he will find that the tarih plat
form of the Democratic party IS IN
general harmony Herewith. and h
be examines the subject further
he will discover that the du'les IN I've
compromise tariff, which reconclled lr,
| Calhoun and appeescd his angry follow
ers in South Carolina. were Of more
comprrhet sive character than those CON
| templated in the Democratic resolution
Of 1892.
When the principle of reciprocal trade
| was first proposed 80 be introduced into
he tariff system the Democrats showed
as much generous appreciation oi the
| question and gave their support so lohg
AS Republicans refused 10 accept IL; Dut
when the Republicans came L., approve
/
instead Of favOrng. we ind the Demo
cratic National Convention passing
resolution hostile to the. system. But
In spite OF the Democratic. OPPOSITION
We have attained. through TeoWoflty,
q new and valuable trade and the syS-
TEN and the trade demonstrated It's many
advantages. ..
With all it's calanities the war brought
us one great blessing national currency.
| zsrl4f VI
worth the cost of the war to bring about
so auspiciOuS result to capital ana Ia
! bor. Prior 10 the war we had the worst
| currency system Of any enlightened ma
ton in the world The State banks, with
| some exceptions, were thoroughly IRE
sponsible. They existed by thousands
! throughout the United tates whenever
one Of them failed the result was a large
loss and great distress among the peo-
| ple No one was responsible Tor thelr
| bills, and they were generally found scat
tered in the pockets Of laboring men, 10
whom they were total loss without any
redemption whatever.
OF the State banks it was often and
truly said that their debts We're the meas
ure of their profits They have caused
| an aggregate loss Of hundreds OF millions
| of dollars among the poor. 49,
Since the close of the war this IS dit-
! ferent. Every paper uolidl 'iiae shN",
lates among the people has the United
States behind it as guarantee All the
banks that exist are under the contrOl
of the national Government, and if they
fail rs financial institutions the Govern
ment has taken care that their bills shall
be paid by securities deposited in Govern
| mcnt vaults Under these circumstances,
it is a matter for extraordinary surprise
that the Democratic convention should
deliberately pass resolutions for the re-
vival Of State banks. The palpable ef-
feet Of this policy. if carried out, would
he TO cheat the poor man out of his daily
bread. How the Democratic convention
came TO make such a declaration. who
was its author. what intelligent purpose
was in it. will remain 4 mystery.
The issues which ! have gwen gre the
issues upon which | would arraiyn the
! Democratic party.