The Republican journal., 1894-02-08
A Death Blow to American Industries

running AMERICAN INDUSTRIES. MR. REED
SPEAKS ELoQUENTLY AND RECEIv ED AN ovA-
TON. THE FATAL FIGURES.
The debate on the Wilson bill ceased
Thursday Three speeches We're made, the
first by Mr. Reed in opposition, tile second
by Speaker Crisp, who took the extraordi-
nary step os coming down on the floor ID up-
hold the program Of his party, and the third
by Mr. Wilson, the author II the measure
Following is a summary Of
/ REEDS SPEECH
In this debate, which has extended over
many weeks one remarkable result las al-
ready been rea he'd a result Of the deepest
| Importance to this country.
| That result il that the bin before ls IL
! odious t. hut sides of the house. 1t meets
| with favor nowhere and commands the re-
spect of neither party. On this side we he
| lleve that while Il rgetends IN he for protee-
| tinn ii anr- not afford it, ami on thG other
side they believe that while it looks toward
| free trade il does not accomplish III.
! "Thuse who viii Vote against this bjil will
! DO 50 because it opens our markets nv the
! destructive eNlnpet,ton of Foreigners aIiI
| those who vote tur ii do II With thu rtsrrv;i-
| ton that they will Instantly a4Y Wfr rhpln-
selves to new crusade against Wia,tever
barriers ard lett.
"Whatever speeches lave been IAst,lr in
/ Gefen>, II the iill on the other side WHETHER
/ by gentlemen whn Were responsible emlN I'M
! their owl constituencies or by TIN gentle
man from West Virginia, whn pH9ht In h3gve0
! been steaeilea hN his sense ot responsibility
| to the v hole country, have one and ALL with
/ but rarti exceptions, placed tlieir authors mn-
c"nlpr'ans sillg.N, except for temporary rllI-
| poses, On the side of unrestricted free tra,le
III i, evident that there il no ground far
| the hope entertained by many moderate
men, that this hill haa as it il, ennla We Il
resting place where our manufacturing ANA
1 productive industries, such may survive,
/ can re-estabsh themselves ana Have u Sure
| foundation for the future, free from party
| hickerlng and party strife. Hence, alsW,
| there can be no foundation for that rry 80
| insidiously raised, that this bill should he
| passed at once because uncertainty is worse
than any bill possibly can BE- Were this
| bill to pass both branches to-day, uncertaln-
ty would reign just the same.
| This result was inevitable. Although
! this bill professed to open to the manutac-
turers a new era Of prosperity and professed
| to be made in the interest cf some VI them,
| the moment it came to be defended on this
fioor the great bulk of il could not he de-
| Tended on any other ground than the prnci-
/ pies OF free trade. Hence, IN this diScns-
| sion the precise terms of TIN proposed act
count for nothing, and we Are left To tile
4 discussion Of the principles which unoierlie
| the whole question. That question rIay not
pe decided here and nov upon these rrnei-
| Pies, but the ultimate decision hy the p+o-
pie can have no other foundation
1 "Whether the universal sentiment I'M fa-
~, ..il,,,,'1 ~ a. =; ~ st, W ;,,
1 Whether if N h.,sE for the mitra States of
/ America ALONE concerns lne now. ana tile
| tilSt th!ng lays ~ ssN Is that attrr %3 Wears
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A tlils elrfh.
nstfi.,Ns. }ill f,.stt,i9 rnII ,',,, 7 ,I+i,
\ warrant. ,.j,,~A Y4th t,73rras .f TIt,i,..,,t 1,f
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"th Y"A"7iWHl.
| siMt aqt-a ll,lnllif,ilN 1OWARNNW nrugiH TIlat
= What 80 alc IL Inefr nuun-rs Bit io
| market for HlaI@sinrtltre~ And Hhoitsp foods
| Ms- aFu pnteMrailF 3Oppaa NWg WIZ eaflft4arrd
4 Nltii 'l'' h''At t'S' iidti't ii MIS- -lNi'- -NnI
| - m III
| - ~ 49, '
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| 81, ~ ~ ~
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t11, !; L onn noo ,,,.,l,.,y .i,,,lt
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| while unr r,opulAtinn is efttivals.nt tu .Oo
Voooo
~ this IS OUT comparison Wlth England,
| what Is the comparison wlth lht rest of Tie
| world whose markets onr fnmmltttt are 80
| eager To nave IN exchange i"f ouf own Mul-
hail gives certain statlstlcs "hlcl VIII serve
| 70 make the comparison eltir- on page .aj5
| o1 ms pic'i"harN OF statis'lrs ne says the
1otai yearly product pl tilt manufactures of
1he Wofih are t4,4i4 4,HWWp ol which tile
| nlttd states produces tl.fto,pVJ,Wn. do
not voueh, nor can any body Npnrh, iur these
figures, but the proportion OF "ne-third To
t"o.thlrns hnbpdy can 1diflN dispute W.
Nroluft ohe-tilru anu lnt Irst ~ tle world,
| England included, tW"-thfis