The times. [volume] (Richmond, Va.) 1890-1903, 1894-09-16

Of the most distinguished and gifted
sons such as Monroe, the Barbours, the
Randolphs, the Tazewells. Benz. watkins
Leigh. William -. Giles, and others OF
equal distinction. the names OF Mahohe
and Rlddlebergor?
Tho present administration has done
as much TO bring the Republic PACK 10
the moOrngs OF the constitution from
which II mas been violently wTeBcned uy
the party Of ccntrilizatiOn, as any ad-
ministration in our history
,cNf nFstIgs.
Let ms look at some Of the results Of
this policy. The army Is confined TO the
proper use. the Indian and his ~hlte
neighbOr are at peace, BON haNlnb p,
humanely ana justly treated. the uul-
ciary ia restricted TO its proper functIgn7'
and the United States Marshals ana ~ ~
pcrvisors no longer interfere with w
SUFFRAGE OF the people. the navy IS De''s
rapidly and effectively rebuilt. lid
many million acres Of tue puDIc i.+',o
have been already wrung from 'nOs, INC
lad 40 .1gnt 10 them. and steps he ~ III az
taken for the recovery OF mil'V"
acres more. ,ot-, bon-
estly conducted FOR the be"cm' ', 49,
worthy soldier. and that, TOO a. ~
pcnSe than heretofore, t"' .,,.f are
frauds existing in this crp1i I,.,i'' Ana
being searched out. ana 49, e. re-
iastiv Our marty mas stood Iof lue
duction and reform Of the eIiyl NOM A., 10,
taxes. hv which the surplus YIN "..,,'.s'
where il belongs, IN me paop-9 is,,ri.nl-
-. ~ ".'od na,iio'tion. which have suitied
and becn crippled SO long. ~lll DC Ie'iNc''
In fact arc already reElFihs. , -.
In cxamjnlne the wisdom on the DEMO y, ITO
,,l,,,c r~Tfv tarin policy, let US glance
itf.tory of tarlfI legislation from
istG down % the present tlne. 600,
do not go back further thsn 1910 De.
,,,,ee thn changes Of the tarlI before tlat
bivh ana then low, then up theh IoM"'
that neither policy renamed ~ h,',i,.
long enough to, derqonstrat''@, -, '''"' a.,
what eject 1t had upon the DuS'i'''@ %
N Tbe Period period from 1916 to 1894 how5yer.
can be divided into two periods 50 4di
as the tariff is concerned
Low AND HIGH.
The low tariff. or tariff for revenue,
with incidental protection peilou i'O'"
"a %nd the high tariff or tariff for pro
lection for projections sake perIod from
lei rs first consider the history and
effect of the low tariff p erio,d,. II" etnte9
tS.n in the words e Prof. Sumner. or
Yale College, the J, aiding Nor'nsIn III
yersity. | give what he says or ~ GA
"For an Industrial history Oh ,, r,lo in
states no period presents si5atS' ~,
soiid prosperity The tariff rates were
low ana their effect limited. II was cdiieu
n revenue tariff with incident1i LOO 80
ton. The manufacture Whlch mn U1
said. would perish, did NOT peilsn ".n
aid moi gain sudden and eXorbltant lro-
G,s They made steady and genllne iio-
gress The repeal OF the Engnsh corn
laws ip 1916 opened a large market i9T
american agricultural products. ne ~
feet on both countries was mos HdPpS,
II seemed as If the Did system had gone
forever and that these two great nations,
with free Industry and free TRACE, were
"a nour increased wealth on each olheI;
The fierce dogmatisrn of protection ana
ne dee-,ly rooted pgcjudices seemed 70
have received fatal blow. our SNIP
ming RAPIDLY increased our cotton cl"p'
rev larger and larger. The states m
iced reneated their old currency foi1es
md tho panic Of 1851 resulted, but II was
oniv a stumble in a career OF mead long
Drosneritv (This stumble occurred IRON
he country falling into the quasWlre OF
,rrodeemable currency. We recovered IN
a tvelve month. incidentally, ] VIII dnn
aleo that in the administration OF inc
Government the period OF the MeXiCah
var is our golden era If we nave any
vuI1vM IN PARyo.
Let us also glance at the following tapIe
bv Mr.. Henry ). fhhpott' "l''Nh
rrontains as much valuable informauoh on
NC I,,hiect condensed in small space
&c any 1 ever sax.