The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-11-04
A VERY "LrrTLEv GIANT.

The candidate for Delegate to Con-
gres on the Republican ticket is seldom
reported in detail when he makes
speech. It is usually stated, in general
terms, that he made a magnificent
talk" that ne "magnetized his hear
ers;" that he gained much applause"
and all that kind Of thing, but what he
said is left to the Imagination of the
reader.
His remarks at Murray however, re-
ceived some specific mention in his
organ the Tribune. That paper reports
him as saying concerning the Demo
Gratis:
''They have told us that it is cheaper
to buy than to manufacture what we
need, but that policy means that the
people are deprived of the means of
earning money enough to supply their
wants"
Is that true? What Democrat has
encouraged the people of this country
to buy rather than manufacture what
they need? By cutting down the du-
ties on foreign goods the purpose is
not to stop making those goods in the
United States; but simply to force
American manufacturers to supply the
market with better goods at lower
rates. That is the purpose in view of
Democratic tariff reform, and any
statement to the contrary is cheap
demagoguery.
Such a. policy does not deprive any
I1rp5 ne he Of ,iI1o
enough to supply their wants" On the
contrary, the cheapening of goods of
American manufacture will create a
greater demand for them. That will
stimulate their production. That will
make employment for workmen. EN-
ployment will be the means of bring
ing money enough to supply peoples
what he conveys by his shallow SEN
fences will be the result.
But he said further, as reported by
the same authority:
''They tell us that the natural law
of supply and demand regulates the
matter but it is an error. The ability
OF the people to buy is what regulates
the market
That is wonderfully wise, is it not?
Suppose the latter proposition were
true, would not the ability of the peo-
pie TO buy constitute or cause the de-
mand? And would not the ability to
supply that demand also cut an i'm
portant figure in the transaction?
Then "the natural law of supply and
demand would regulate the matter
after all, would it not?
But is it true that the ability of the
people to buy regulates the market, in
dependent of the natural law of sup
ply and demand? 1t certainly is not.
If there is a small supply of an article
and a large demand, will not. that
cause rise in prices, anyhow? If
there is a small demand and a large
supply, will not that cause a fall in
prices, anyhow? If there is plenty of
money in circulation and those who
have it do not want an article that is
offered for sale, will the ability to buy
govern prices or the demand for it?
Ability to buy cuts some figure in the
matter of course, but it is when it is
the cause of the demand which is the
Immediate operating power and is af-
fected by the supply.
Another fallacy he put forth, and
which is stereotyped bit OF his ora
torical clap-trap was, that
eff the millienaires of the country
have increased from to $500 under
Republican rule for thirty years, the
logical deduction would be that in an
other thirty years every man, woman
and child in America would be a mil
lionaire which would mean that Ameri-
can perfection would be the keynote
for national and individual prosperity
That is the sort of reasoning which
Republicans shout over. The point in
the Dernocratie argument which he
conveniently shifts from by this piece
of shallow sophistry, is that wealth has
been unevenly distributed. While
these millionaires have become gorged
under Republican, protection, the
masses have been starved. While the
rich have become richer, the poor have
been growing poorer. The millfonaires
have increased their numbers but the