The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1894-05-31

are onsthe free list. The American com
binatton controlled the product of the
PHILIPPINE Islands and Central America
and the English manufacturers the pro-
duct OF India. Under these circunl-
stances binding twine should be admit.
ted free sof duty and this pernicions and
malevolens trust destroyed. The prin-
ciples OF protection Involve competition
necessarily, and u does not apply To
binding twine under existing conditions.
When The Mckinley blu was under
consideration, and il was proposed to put
sugar ON the free list, the representa-
tives Of the refiners came here and said
they employed thousands OF workmen
and had millions Or dollars invested in
~retineries in this country, and that I'M
less q duty Of 5 mills was imposed upon
each poundof refined sugar their indus
try would be destroyed, resulting in the
loss OF millions Of dollars OF property and
in throwing Qua OF employment thou
sands OF men. AS soon as the bill was
passed the sugar trust was organized
with a capital OF s~75,00O,OOO. I am in
formed that the total value OF the prop
erty owned by the trust was less than
. 100000. The stock OF this company
or trust rose above par and paid II per
cent. dividends, and CSC, 100000 were
thus taken from the pockets OF the peo-
Pile and put into the pockets OF this COM
bination of unscrupulous spectators.
IL il nov admitted that the total cost OF
refining sugar is moi over one-tenth Of q
cent per pound; yet these people have
the effrontery TO come here now and ask
that their business shall be again pro-
tected, and the trainers OF this bill have
responded to their request, II this bill
fails to pass, | shall be pleased TO vote
for an amendment to some appropriation
bill placing sugar on the free list; and
for fear the Wilson bin may pass / shall
offer au amendment to that effect, thus
to destroy this greedy conspiracy.
While the Mckinley bill contained
many detects. and should be amended,
the measure offered in its place, and now
under consideration, does not contain q
single redeeming feature, SO far as it re-
lates 70 customs duties. It is a fit pro-
duct or the democratic party, framed
for the purpose Of deceiying and
defrauding the people. Senator Petit
grew reproduces then the estl-
mate made by Senator Voor
hees as to the reductions in
tariff 10 made by the bull submitted by
the senate finance committee, which re-
auctions the committee claims will
amount 70 s76.67o.O0O. OF this ne
duction, 833OO,OOo 10 on agricultural
products, and sI2,17O.oO0 on articles
transferred 20 the free list; OF which
articles there 10 b total of $8,536.OoO ON
ag~rieultuaal products, nearly all Of which
il upon wool, making the farmers cons
tribution 10 the total reduction amount
to nearly &l2,00O,OOO, or almost one SIKH
or the entire amount Of s76.670.OO0.
In discussion OF the reduction Of $23-
5 5000 on wooden goods, Senator Petit
grew shows that not one cent Of this vast
sum will be saved TO the farmer or other
producers Of this country, and that $lS,-
100000 is taken off from the fancy dress
goods, clothes out of which " allow
tailed coats are made, goods which are
imported by the dndes because they are
foreign goods imported-by New Yofk's
idle sfour hundred, descendants OF the
millionaires OF q former generation, who
would not wear American goods il they
were better than the imported. he
says: 81 woald like to have the gentle
man from Indiana tell the farmers OF
Indiana why be takes this tag oil from
the backs OF the millionaires and puts Is
on The sugar which the farmer uses."
The total reduction OF duties then by
this act il $76,670,OOO, Of which s4as218.-
600 is taken of from silks, fancy dress
goods, wines, tobaccos, iewelry, ostrich
feathers and from the products 81 the
farmer, s3l,482,OOO taken of from the
things used by the masses. And how
does the bill make mp for this lass Of
revenue? These friends Of the peorle
do it by D stroke Of the pen; they levy
b duty OF III cents on sugar (Which =
now free, and as we import 3,60osOO0. 500
pounds every year, . duty OF IN cents
amounts 10 just s45.OO0,O0o. And yet,
the ame Of this bill pretend they
ere the champions Of the rights 81 the
i producing masses. Truly the bill favora
the idiess and the owners os ths money,
bonds and mortgages-as oas Of Thu
transaction they are s8,07ssOoathe gain
srsl But the people must pay On nd
ditionai burden Of s45,OOo,000 imposed
upon sugar. T wish 20 call my pcpulist
friends' attention to these facts and
figures. Iswant them to 20 how much
they are getting ont Of the Wilson
awinde. FOR / have been told they hare
agrsed 70 vots for IL II the income tax j
@MN~s~n1 E&s#& 8S