New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-11
MR. DEPEW ON FREE TRADE.
HE SPEAKS TO ENGLISHMEN THROUGH
THE NINETEENTH CENTURY"
EBAT THEY MAY HOPE FOR IN THE UNITED
STATES A REVIEW OF TARIFF LEGislA-
TON - DEMOCRATIC PLEDGES ARAN-

STATES A REVIEW OF TARIFF LEGIsLA-
TON - DEMOCRATIC PLEDGES ARAN-
DONED.
Tho February number of THE Nineteenth Cen
trv' contains an article the Prospects of Free
Trade in the United States" by Chauncey NJ De-
pew in which he review5 the tariff reform agita-
ton and the abandonment by the reformers OF
their position and reaches the conclusion that only
miracle can prevent the return of the Protection
ISIS 10 power" The following extracts are re-
printed from the article:
1t is difficult for American to understand the
Singular mixture Of information ana mlsini1I %
their impressions the results OF the Presidential
election in the United Th a congress win do
nothing radical with the protecove tar nps 1ney
troubles nor is the repeal of the purchasing clause
Of the sherman Silver law the iuii remedy rpr "a
our revenue legislation and OF its effects or ten
British statesmen of the Colonial period deter
mined to the people OF the Northern AMER
colonies to ,ssr This was one
Of the which led 10 the ReyolutionarE " az az
the ca rliest messages of George Washington: our
FIRST prssd nf ,s was to aFp9Ie
embodying a scheme for developing the resources
and promoting the mton wS Si one OF thy
original and creative statesmen OF any age or o.
ali legislation and presented the gst OF every argu
ment on the subject from that day to TINS. Ipon
of this policy upon the details of protection. but
upon the prncipes a OF Tree e, or @y Mar
The requirements for revenue In that trem M
Soys ante a sa s a9 h a than ever
remained in force. practically unchahg{esn eAIep I
The Mckinley legislation was. really codiiicaton
of the many laws which had been enacted , since
seemed TO demand. II released wholly or In part
articles which no longer needed S a afo
articles hitherto imported which being produce, go
new W" Industries to population which was ncreas-
ing by stimulated ana unusually heaVy ih''''e'a-
The measure produced unusual excitement and
alarm because ii was enacted on the eve VI d Sem
sve reduction OF duties was expected It's possible
sNis were for demonstratng its results The country
frightened by the clamor rushcI maui y, tbe real
perils OF an Industrial revolution :,. ,ho,ob
yer S mr"rtan "G FACTOR in the business crisis
which followed. In several of the never go,
sne mns co El hope for it's electoral votes in
Presidential election which not favorable TO th
been for many years growing belief particularly
in the agricultural States. that single gpid S'a III
sGod Bug Of wall street bugaboo whose Who's,
baneful power not only alarmed ~ CONNER
cial or bankabe value to offer for 1t, bnt sn,
shivers Of fright through the grave and digniiiel
Senate AZ al Wsshington. A large majority Of our
people had always been favorabie TO t L tUI" of
such international agreements az VIII make II
possible The Bland bill Of 6'o pIoVl1lhE 10, "a a
limited monthly coinage Of silver at he Qld Iaio nI'
accomplishing all that was desired by the sLiver ai
vocates LEGISLATION was r1 rrrencV When the
Sherman suggestion Of the purchase al tne iiai y,
price of 100000 ounces OF SILVER eor,Snates and
to that extent increase the currency was accepIou
atoms OF The bin had accumulated in the Treasury
vaults about 100000 worth OF silver at ,he 'ne ~
the recent nanc Neither this sum nor what mig
be added for several years TO come by .he ba
OF the law would under normal c9nditions nav
rency, which amounted TO about $l,7N010S ,s.
The conditions, however, were aD rer, ,ia E,verW
body thought Mr.. Cleveland might go H. , put very
few believed that both the Senate ana h9use ~, Hi
The country was paralyzed by the plunge 1t had
deliberately taken Every industriait a'I ,ernven
with and interdependen, upon the protective system
party had come into possession , pa syst"m !,
had declared in it's platform that the principle Of
protection was condemneh by and fraud Not only
was its platform the most daring and explicit
ai,ersnce ever given by an fraSe modified only by
The necessities Of the revenue put tne s, nf g..
cseptsnce Of It's candidates 'n ne Dress promised
an immediate and thorough revision ro 81 Tea
r nf benrss b or eie on the htop- mha
PROFESSIONS marched through the Vai,e' frnno m,
tyranny OF the tariff robber barons and the IN
auguraton Of an Of cheaper goods 'h.,ar !,
adjust Itself to the proposed change IT was u
an unusually conservative ana nea,' limits Ther,
were no great institutions or enterprises In DANCE
TO precpitate trouble by their fall. bu, ,d p" -,
field Of SattIe When the cry rings out, lie
every man himself who can ia an 1903 ' ont
inaugurated in March. 1885, and the newly eecte e
Sscasmss wss to meet IN session the body
and mercils.s but unframed and unpracsea s snl
brain. its liver and lungs its kidney and stomach