New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-02

;s fril ewng to series OF fortunate accidents. to
be called uon TO @o TTs a5vSng 1
Nv taxes? on yes the gentleman from Missouri
,aied oleomargarine. and can regulate stock sales
i a, Ieas 50 he thinks.
AZ dIp I' The question of the constitutionality Of
,srir taxation, l shall spend no time. have not
bsen here long as | have without learning that
Ser side of the chamber are mere phrases. and
nat when gentleman OF the other side with
.,cnaL he merely means that he does not like it.
1nasmuch as nobody in 100 years has even asked
psriK worth while to discuss it. If the Father OF
His rs tarn tax b signed an unconstitnionai
act the gentleman from Georgia Cr Turner and
me whole Democratic party are better than George
Washngion-a thing not hitherto charged upon
tne" WHO PAYS THE TARIFF.
But do not the people pay the tariff taxes. and
do they not so into the pockets of the monopolist?
10 Won believe the consumer pays the tax the
foreigner? Well going to be perfectly frank
about that and answer. sometimes one and some
fines the other. ana sometimes both. The first
thing the foreigner does tariff tax is laid
IS % see Le 'I e" bn oo he our w nof reduce b
roa and sees if he can by ab2ng e, some pa part d Of
sbate Them he pays the tax. So far he does not.
tho rest OF The tax Is paid by the consumer
II the foreisner pays all the tax then within the
limit where his goods can circulate. there may be
protection or there may not II, after paving the
fce in ,hc Industrial war there viii be no proec-
lion or very limited protection But if there be
only slight marein. which he cannot sacrifice
without rendering the market worthless then there
here In the latter case he at least cannot smut up
our factories -, ..,..- 49,. -. uo,.o, D,.
where the Consumer pays any n r. Of the tax by
50 much is the price raised This Is the general
rule but often it does work After the act
OF 800 large inportations in anticipation of large
prof.s authorizations frustrated by the Barring fall
IRE panic. made great changes in the case. Many
prices did not rise at all, and yet manufacturers
knowing that there would be a certainty, al least
hey could be badly underSOld, began work
1t often happens that men will begin manufactur-
they know that such tariff will prevent them from
going down. II is not enough to nave goods IN ne
natural market at price which will bring PROV;
The manufacturer must know that the INDUSTRIAL
enemy cannot force the price below the range OF
o plant; This operation OF a tariff which does not
rlfce his goods in order 10 sacrifice another mans
:ase prices but which will MAINTAIN them the
IS limited He may he put to hard struggle. but he
cannot be beaten out of hand. He will have fight
There are. however many instances where the
foreigner pays the tax that there is no wonaer mat
MI ,., ~ nr his very fact canada both under
the present and just after the repeal of the reel
Trocity act is a multitudinous witness all along
tnre to say that the lumber tax lowered by the act
Of 1890 has. all Of H. gone out Of our Treasury into
it would he an interesting chapter in economic
history II We could haze IN I've
of the tariff. for it would show what enormous
Profits have been made ou of US by THESE people
when protection existed
BENEFITS TO TIE WHOLE COUNTRY.
Having thus shown that even where tariff taxes are
paid by the foreigner and the price not raised there
may be some protection. let US face the question
whether where the price is raised and the consumer
pays the whole part OF IT, there is any ben
eft to che country thereby. Does not the public
tbo a few Not for the bcne- /
III of the capitalist for. in the long run your own
political economy viii show yoi that protected m
Custries will obtain any greater remuneration
than the unprotected. The same is all they ask or
and more than they often get ,,,, u.,.
But tive we nTd pSt Isne Upon The Gentleman
Massachusetts Nlr Draper in MS Ia,d iiliaole
setts they have statistics well collected that they
mean something. and those statistics snow 'n nar
cent Boston bank stock Az per cent ana IN New ,
ibe assertion in another form If you will give me
all that capital has made on rairoads' an uIp pro-
made -an factories. and agree to feed the hungry
crowds caused by the Wilson Dill ana hot o cam ann
suffer for the sake of the employees OF the protected
industries fol- they ga no hlsner WAGES , an ' a
much the other Who Snt me T,s tu pI
he provisions and other consumable wealth which
Ban be The lvs wh a%a un nsli's st afi
DIVERSIFIED INDUSTRIES.
this money which was taken from for the extra
price among us all again who paid 1t. what Is the
good?" If that all there was to 1t couid an
swer tha. al least there was no loss but pe!onu d
question this system establishes diversihea ihduS-
tries. Nobody can douot that. Diversified indus
tries call out all the working powers of the world
men fitted for one Ting, some me i nowers
Of bodv and mind In a nation is to have something
which suits all BY this means the great o ARM u{gcb
the unemployed can be kept down a Nd VIM, -,
49, i,s naope employed Is In the end sure TO
show the largest gains, even or wealth. ,hn
hroad@r education than books can give and so help
them the road 10 greater clViizd i ilo w bieber
production In country f 9l n,g
for they can save more by their Inventions which
are therefore more readily adopted. h,u,.r roges
We were talking A while ago about higher WAGE age
The question naturally comes up How can these e
higher be got? There must De Wages
are They are the devourers OF consumaole Weai,n,
In order to have more co ~, %ea Wealth
vii never be made unless consumer stands ready;
Mere @srkst This already shown
does not mean more purchasers pue pui ~ ,,bis
coln,r DS'' we P have both 49,
how ca" yS" make ~ 9T USING Msaii he %@
nature and by utilizing human brains. no" can
y woIk so without ncentye body does To
hear the discussions in CONGRESS you wouln supiV
70 me med of into the darkness and pulled back
product OF necessities and Of pressure When me
fov who wanted 10 go off to play ana so rlgseu
,he son-cocks that the engine went Itself, ne was
not only a true inventor, but he had the same
rno,ive-'hs personal advantage-that all inventors
hsva and IKE them, it urged on him by bust
ness necessities What originated Bessemer steer
81 uenrv Resserser? No. but the necessities OF
railroads. which would. every one Of them have
heen hankrupt without steel rails. If sir henry !
Rod not invented the process. somebody else would
1t detracs not lota from the fame OF Aexahdgf
ISoii mar a dozen were close on his track IL
has hean so i'm every great invention say, there-
fore that IL was the dversication or our indus- ;
cd Otherwise all the
inventive power Of America would have run 10
and when a man calculates the wonders OF .
American inventive genius. he knows where some
Of our wealth comes from, , -. 49, {
As further proof that invention Is born or ne :
cessitv te me why great inventions never come | ,
until Inc world Is In such shape as TO ENJOY them
What would the Crusaders have done with rail- |
roads9 There was not money enough IN the wOrid