Omaha daily bee., 1894-01-11

f l9, 1871.
weeks ago. during a temporary break IN the
steel rail pool. out that pool was quickly
reorgauizod and :he price OF steel rails was
put up and is now main tained at S24 ton.
So tina. by virtue of the duty which keeps
out foreign rails the pool IS compelling the
users Of steel rails TO pay them % per cent
more than fair price.
Carnegie, Phiianthropist and sweater.
"This new steel rail pool is composed OF
seven manufacturers, headed by Carnegie
who absolutely control the product OF more
than one-half Of the rolled steel product in
the United States, and who have combined
together 20 pay other large manufacturers
heavy annual sums TO close their works, dis
charge their men and make no steel Do
employers pay larger wages when lhey get
larger profits, ! do not, and even philani Iro-
pists do not. Take MIR. Andrew Carnegie,
who gives like prince out of the millions
the tariff has enabled him 10 take from his
fellow citizens He gives like prince from
his more than princelv income, but he does
not raise wages unless he has to. Before he
started for Jerusalem a few days ago he
utilized the tariff to re-establish the steel
rail pool and pay other manufacturers TO
shut up their works and throw their men
out Of enploy mCnt. Then a general cut in
wages was made in all his great establish
meuts, and then he announced himself ready
10 give as muCn as 81 600 day TO feed the
unemployed OF Pittsburg-a place that If
there were any truth in the theory that pro-
lection is good for labor, ought to be very
paradise for worKIngmen Now, which is
best for la abor plenty of charity soup houses
or plenty Of employment There is the pueS-
tiOn between protection and free trade.
What is true of steel is true of all industries.
II we could abolish the whole tariff on the
lst Of February / DO not believe there Is
single manufacturing industry that would
close. On the contrary. all that were not
purely cXotiCs, kept alive by taxes would be
greatly stimulated, foreigners would want
more OF our products and foreign markets
would be open TO our goods. Wheat would
bring more 10 the grower and labor would
bring more 10 the laborer. and the masses OF
our people would want and could paw for
more manufactured goods. You cannot de-
press industry and lmpoyeriSh labor by re-
mittinG taxes That is done by imposing
taxes"
Engaged in Heated Controversy.
While Mr.. johnson was condemninC the
alleged steel rail pool he became engaged in
heated controversy with Mr.. Dalzcl OF
Pennsylvania.
you deny the present existence Of
pool,n asked Mr. johnson.
"Nes, sir"
well. here Is the proof OF 1T said Mr..
johnson, fourishing alofJ document. Here
Is the agreement IN the Iron Age A certain
X f. Kennedy contracted to receive 25,0OO
tons Of rails at what | considered an cx-
orbitant price, and TO forfeit $1,000 day if
he did not take them. | looked into the
matter to see who such large buyer could
he. | found that he was stockholder in the
Cambria works, a rival concern, and
row secretary of the new po0l,
formed last November That pool
| agreed 10 give the manufacturers at Spar
rows Point, Mo, 81 coo a day TO close their
works and discharge their men. That IS
the sort of trust the Wilson bills - per cent
duty perpetuates. Democratic applause.
1T gives concern in Philadelphia $50, ,001
year TO close down. The old pool of eight
or nine companies agreed TO maintain the
price of rails at $50 One of the members
secretly undersold the pool. Carnegie made
war on him, beat the price down to Sl9,
closed him up, and then formed another
pool" Applause
says interposed Mr.. Dalzell. but if such
pool as he describes exists l deprecate 1t
as much as he.o
THAT is where l differ with the gentle
man" retorted MIR. Johnson. II believe in
making all the money can. am thorough
going monopolist, and believe in taking ad-
vantage of all the bad laws you republicans
have made. but don't believe in defending
those laws here" Long and loud demo-
cratic applause.
Mr.. Dalzcn Takes the Floor.
At the conclusion of Mr.. Johnsons speech
MI DdlLCll LOOK LHt HOOT. MT. DdlZell Sdlu.
1.-The election of 1892, which resulted IN
the ascendancy in all branches of the gov
ernment of the democratic party, had no
sooner occurred than u crisis ensued which
was amonst the most appalling in our
economic history. All our industries suf-
fered immediate collapse. Trade, foreign
and domestic, became paralyzed. The
ghost of distrust stalked threatenngly
in all avenues of commerce, and
fear fell on all men, rich and poor
10 A NNa wal l. in ha
valley of desolation. Furnace fires have
gone out, and fires upon humble hearths tones
as well, while throughout all our borders
factory and workshop and the various i'm
plements and appliances of industry are un-
used. In the months that the dominant
party has held the reins of government il
has proved itself conspicuously incompetent
to deal with a single important question
presented by the responsibilities OF civil ad-
ministration. The executive, with an lg-
noranCe of the limitations of his office mex
cusable in an intelligent American citizen,
has usurped the functions of congress. not
TO meet an eXigency or for any lustihab BILE
end, but to undertake and mlsera oily fail III
a foreign policy which would be grotesque If
1t were not contemplate, This house has
been organized on the basis of ante-bellum
days, so that the section of the country
which is least familiar with American in
dustries and enterprise dominates the policy
of the nation while II deals out. as OF yore,
TO serve its contingent, the crumbs that fall
from its table.
Aggravation Instead of Relief
I'm this deplorable condition of things,
cloud and darkness all around US, what do
those VINO rule our destinies propose by way
OF relief A tariff bill that, If enacted,
predict posterity will pronounce the most
Infamous legislative CRIME of our history.
Instead Of relief it brings aggravation. To
the manufacturer, whose idle capital is
bringing him no retmns, whose plant ais
80 .ai1 fits~y hac
been sadly narrowed or entirely cut of, it
offers the deceptive llre Of free raw ma
terials ana the ignis fatuUs Of the worlds
markets, while II strips HIM of the ability to
compete in any market and be Just 10 his en-
ployes To the farmer it offers instead of
protection an enlarged competition from
abroad in the products of his farm; instead
of a vast and growing home market, mar
ket abroad in which his increased surplus
cannot but degrade prices. To the cry of