The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-09-06

WIIUDUL UUUuIJ CATEUUIEE TIIS ItttbF, 4
cannot follow in detail the influences of
the tariff law of 1880. Ii has transplanted
several important Industries and estab-
= j shed them here and has revived or en-
Iarged all others. The act gives to the
miners protection against foreign silver
bearing lead ores the tree introduction of
which threatened the mining industry of
the Rocky mountain States: and TO the
wool-growers protection for their fieeces
and fiocks, which were threatened with a
further and disastrous decline. The House
of Representative at It's last session passed
bills placing these ores aud wool upon the
free list The people of the West well
know how destructive 10 their prosperity
these measures would be.
This tariR law has gwen employment TO
many thousands Of American workme and
Will give employ IDent TO increasing thou
sands. Its repeal would throw thousands
out of employ ment and give work 10 others
only at reduced wages. The appeals OF the
free-tTader TO the w~OrkIngman are largely
addressed TO his preiudices OF passions and
net infrequently prononncedIy ommIn
lstir The new Democratic leaders rage at
tie EN- ploye r and seek TO communicate tins
rage TO the employee. regret that all en-
ployers of labor are not just and consider
ate and that capital sometimes takes toe
large a share Of the profits. But l 40 not
see that these evils will be amell0rated by
q tariff policy, the first necessity of which
IL q sevsre wage cut and the second a large
dimlnutIon of the aggregate amount of
work TO be done in this country. Ii the IN
Justice of his employer tempts the work
man 10 strike back. he shOnid be very sure
that MS blow does not fall upon his own
head or upon his wife and children.
The worknen I'm our great industries are.
as a body. remarkably intelligent, and are
lovers of home and country. They may be
aroused by injustice, or what seems to them
TO be such, or be led for the moment by
fears. into acts of passion, but they will
settle the tariff contest in the calm light of
their firesides and with reference to the
prosperity OF the country OF which they are
citizens. and of the homes which they have
founded for their wives and children. No
intelligent advocate OF n protective tariff
claims that it 10 able of itself to maintain
. uniform rate OF wages without regard To
fluctuations ia the supply OF and demand
for the products of labor. But 1t is conn.,
IDENTIFY claimed that protective duties
strongly tend TO hold MP wages. and are the
only barrier against q reduction TO the
European scale.
ticipation In the benefits of the protective
laws. though their representatives have
very generally opposed the protective sys-
TEN. / rejoice that sugar, rice. cotton
cloths and other products have not been
left 20 the fate which the votes of their
Representatives would have brought upon
them. In the construction of the Nicaragua
canal, In the new trade with Sonth II
Central America. in the establishment OF
American steamship lines. these States
have also special interests. and also these
interests will not consent to be without
representation at Washington.
Shrewdly, but not quite fairly, our adj
versaries speak only of the increased
duties imposed on linen, pearl buttons and
other articles by the Mckinley bill, u
omit altogether ans references TO the great
and beneficial enhancement OF the free list.
During the last fiscal year s45e, COO. 175
worth OF merchandise. or so. % per cent. of
our total Imports. came in free tthe largest
percentage IN our history. while In 1859
the percentage OF impOrtatiOn5 was Only
64.42 per cent. The placing OF sugar upon
the free list saved To the consumer IN
duties In fifteen months. after paying the
bountles provided for. $40 0.O00. This re-
lief has been substantially felt In every
household upon every Saturdays pur-
chase of the w~orkinRman.
MARKETS OF HI WORLD"
One f~avorire argument against a protect
i've tariff Is that il shuts us out from q par
ticipstion in what IS called. with swelling
emphasis, 1.-The markets of the world" If
this view is not q false one. how does 1t
happen that our commercial CON-
petitors are not able to bear with more
serenity our supposed surrender to them
of the markets of the world" and how
does it happen that the partial loss of our
market closes foreign tIn-plate mills and
plush factories that still have all other
markets; Our natural advantages, our pro-
tectiye tariff and the reciprocity policy
make it possible for US to have a large par
tieIpation In the markets of the world"
without opening our own TO competition
that would destroy the comfort and indie
pendence of our Nation.
The resolution of the convention in favor
of bImetallism declares. / think, the true
and necessary conditions of q movement
that has. upon these lines. my cordial adj
Lerence and support. i am thoroughly
convinced that the free coinage of silver at
such "a ratio to gold as will maintain the
equality In their commercial uses OF the two
coined dollars, would conduce to the pros
perity of all the great producing and COM
merciai nations of the world. The one es-
Bential condition Is that these dollars shall
have and retain an equal acce ptability and
value in all commercial transactions. They
are not only O medium OF exchange, but q
measure OF values. and when two I'M
equal measures are called IN law by
the same name, 10 unsettled aud
confused. and the Vi wary and ignorant are
cheated. Dollars of unequal commercial
value will not circulate together. The bet
ter dollar 10 withdrawn and becomes mer.
chandlse. The true interest OF all our peO-
pie. and especially of the farmers anu work.
ing people. who cannot closely observe the
money market, Ia that every dollar. paper
or coin. issued or authorized 10y the gov
ernment shall at ali times and In all Its
uses be the exact equivalent. not only IN
debt-paying but IN. purchasing power. of
any other dollar. i am quite sure that If
we should now act upon this subject inde-
pendentiy of other nations we would great
ly promote their interests and Injure
our own. The monetary conditions in
Europe within the last two years have. |
think. tended very much To develop a SEN
timent In favor of n larger use of silver,
and / was much pleased and encouraged
tty the cordiality, promptDess and unanlm-
with which the invitation of this gov-
eminent for an international conference
upon the subject was accepted by all the
powers. We may not only hope for, but
expect highly beneficial results from this
conference. which Will now soon assem-
Bile. When the result of the conference
Is known. we shall then be able intelII-
gently To readjusttour financial legislation
10 any new conditions.
In my last annual message to Congress-,
j said:
i must yet entertain the hope that 1t is posi-
bic TO secure a calm, patriotic consideration OF
eueh constitutional or statutory changes as may
be necessary To secure the choice OF the officers
of the government TO the people by fair appor-
and free elections. 1 believe Ii Will
be possible 10 constitute "A commission, nOu-
partisan IN it's membership, and composed OF
patriotic, wise and impartial men, TO whom q
consideration oil the questions 0f the evils con-
might be committed with a good prospect OF SCI
curing unanlmity IN some plan for removing or
mitigating those evils. The Constitution would
permit the selection OF the commission TO be
vested In the supreme Court. If that method
will give guaranty Of impartiality. This com
mission should be charged with the duty OF in
curing into the whole subject OF the law of cleo
tions as related 10 the choice OF officers OF the
national government with IL view To securing 10
every eiectOr q Tree and unilOlcsted exercise or