Saint Mary's beacon., 1894-05-31

completed. and the bill. was reported 10 the
Senate I ventured the assertion In the
course of SSe silver debate that nowhere
was the truth of the old adage--'sthe greater
haste, the less speed. better cxemplified
than In legislation. So Il was proved then.
and 30 IL Is now.
/ do not propose b, discuss the merits or
dement's Of either the original Wilson bin
or the measure, firsireported by the finance
committee. II IL sufficient 90 say that there
has never been moment when either
could command q majority uf the votes In
this chamber. We might deplore such q
condition and others might and did rail
against those In measure responsible for
it- But the fact remained that we could
not pass the bill
THE srrUkrfox no nj, MET
That. sir, was the situation which We
were Obliged TO meet, and we have met Il
by the introduction Of q Democratic meas.
ure Of tariff reform, which merits, and, /
believe, will receive every Democratic vote
in this body. the endorsement OF a Demo-
cratic House. the signature of Democratic
President, and the approval cf the Demo
cratic party.
anxious To learn upon what theory this
bAt w u VIII tUGlk.
was constructed upon the Democratic
theory of tariff for revenue. with such
incidental protection as can be given coh.
sistently TO the industries of the cnuntry.
IL follows strictly the course marked out
by President Cleyeland In his letter of
acceptance, i'm these words:
Tarsn reform Is still our purpose. Though
we oppose the theory that tariff laws may be
passed having for their object the granting OF
SfffSsr
private ventures. we wage no externinatinr
war against any American interests. We be-
Iieve 2 reimbursement can be accomplished I'm
accordance with the principles VIC profess with
oat disaster or demolition. We believe that
the advantages Of frcer raw material should
template fair and careful tlistribution Of me ns-
cessary tarin burdens rather than the precipi-
tation OF free trade"
own making, that Mr.. Cleveland was reelected
President, and the Democratic party was IN.
trusted with full power. IL there had been the
slightest apprehension in the public mind of a
radical overturning OF our Industrial affairs
Mr.; Cleveland would not have been elected.
nature 90 a bill whsch would have TINT etfeet.
IL our Republican friends win examine the
bill under consideration with a sincere desire
ssooSe s tsaf ~ ,or saer .s will
with this declaration of Mr.. Cleveland and that
its passage VIII be rs complete fullfllmant of
the poiicy thus enumerated as the people desire
or would approve under existing circunlstan-
ces
NOT FREE-rRAp niII.
IL IN not q frce-trade measure, but II u a long
er step In that direction than either the Mill
bill or the tariff OF lssS1. IL a not protection
act for the sake OF protection, bur Il does dis
factured articles 60 the full extent of the dif-
Terence between European and ANA am
s,ss %ages; = not deilc,t-creatins bin, such as
as the bill which passed the House was certain
TO be III enacted.
e Z Demceraiie; because is reduces taxation
& - eeissss Z ils fsyoriielsn
the great majority 81 The ps'opic. if N wI-S
because Il makes possible the quick revival of
business aczivity 20 saasy needed and univer-
provides sufRcient revenue to meet neccssary
expenditures without further issue OF bonds
IL is patriotic, because whatever OF discrinii-
zens. 10 Is prudent, because Il does not at
tempt 20 ignore facts In bcsring out theory
feet messnre do not Doubt at y, s,s Res
flaws will bc found. but, sir, do say-and
do not hesitate % stake whatever reputation
the assertion that. IN niy i1dEment, Il T. % the
most logical, most fair. most broad. most time
~, and win prove to be the most advantageous
tariff legisiation enacted since the Republican
shall not enter into dlscusslon of the rel
atiyc merits OF low and high tariffs. for the sm-
that question, and our sole duty Is to plsce
their decree upon the statute books "a s,ich
shape as best conserssS tine interests ef ts,e
whole country at this time.
To analyxe In all Its details the bin which ws
propose 20 pass would require more time ti,:.s.
should feel justified IN occupying, while r.
sumption of business throughout the entire
country depends upon the action Of this beds
Beyond the general statement patent 20 egc-
rybody who will make ihe Comparison, ths.s e
reduces duties from 3 TO 100 per cent nii eLsng
the line, shall touch upon only one phase OF
the question, that % the proper relations OF
vast corporations or combinations Of corpDra-
tons, known as trusts, 20 the government.
THE TRUST PRoBfRM
We have heard a great deal about tFqlsss
since this debate began. Fifteen years ago we
should have hearsi nothing. for the very wossg
as used was unknown at that time. Every
trust In the country to-day hils BEEN developed
by the Republican policy az tratss. rsstrifslssss,
and excessive protection. The Democratic oar
~ has never failed 20 oppose concentra-
ton OF power, either OF government or of sss,s-
ital, IL opposes IL to-day and will continue 10
oppose IL 80 long as Democratic leaders reu,,,ss
true to the faith OF Jefferson and jackson.
Had the Democratic party acquired cofstroi
when Samuel j. Tilden was elected President
this problem never would have arisen. The
trust Is only one of mRay Of the legacies Of the
Republican party, of whics we are the uawIl-
ling recipients. The situation was created. not
by ourselves. but by those very political ene-
mics who now cry out osteilsibly against. but
really 10 save their own Offspring.
CONTINUED ON End page.J