The morning times. [volume] (Washington, D.C.) 1895-1897, 1895-09-27
TARIFF POLICY OUTLINED
Allison Talks Significantly at
the MarshaIltown Convention.
IOWA CAMPAIGN OPENED
He Declares That II Returning Pros
perity Continues Existing Duties on
Flourishing Industries WIN Not Be
Changed-Hands of the Next Con-
gress Tied Sources of Revenue.

3
Marshalltown, Ia, Sept. 26.-The Re
publican State campaign was formally
opened here this afternoon under the aus
pices OF the Travelling Mems Republican
Club, whose headquarters are in this city
United States Senator Allison delivered
the leading address, a thorough review
of finance, tariff, apd other leading issues
In the course OF his remarks he said:
1.-The elections of 1892 placed the Demo
cratic party in power, pledged TO an imme-
diate reversal of our Industrial policy, and
to the substitution, for it OF policy of
free importation of foreign products with
the only restraint of a tariff for revenue
only, to be levied upon all products alike,
without discrimination as to the value or
use of the product or the labor expended IN
creating ii, and without regard 10 recitJo-
cal agreements already made.
That such revolution radical in its
purpose and results would not be followed
by disturbance, disaster, and distress was
impossible, yet this purpose was stoutiy
maintained, and was to be executed as
soon rs possible after Mr.. Clcveland's in
auguration. They maintained that this
could be done without disturbance. How
this claim has been verified, and how great
the loss and how fatal 10 our prosperity
these projects were, the last three years
have disclosed.
-Distrust and distress followed and in
creased from day to day. Fear seized the
public mind.
MIR. CLEy GLANDS COURSE.
"A word from President Cleveland at
this time that no such radical change would
be made, would have stayed the panic.
It was not given, and thus began the dis
tress OF 1898, with the proposed tariff re-
vision as the initial cause.
When it became apparent that no fur
ther adverse changes could be made dur
ing the last Congress, manufacturers and
others began operations, and when the
result of the elections OF 1894 became
known, and that no further reductions
could be made for at least three years,
with the hope that future changes would
be made in the direction of protection,
confidence was largely restored, and the
leading industries that were fairly wen
cared for in the German law, resumsd
operations with reduced wages al first,
ut which, with returning prospe rity,
have been gradually increased beyond the
wages OF 1884, but are generally much
lower than they were in 1892
This confidence is increased because
there is well-founded hope that the
days of tariff for revenue only have passed
away, and that the election of 1896 will
restore the Republican policy OF protec-
tion. and that a modification OF the tariff
will take place on these lines suited to
the conditions then existing
SOME TARIFF PROMISES.
"If three years Of trial shall disclose
that with good wages paid to labor any
OF our industHes can successfully com
pete with like Industries abroad on exist
ing duties. they will tot be changed: where
it appears that they cannot, new and
favorable adjustments viii be made.
There is STILL however, constant men
ace to our industries in the platforms OF
the Democratic party, and in the utter
ances of its leaders. fayoring free trade.
The next Congress Will be called upon
to provide additional revenue in some
form. A modification of the tariff on
the lines of protection is harily possible
with President Cleveland in the Wlsse
House and the Senate without any party
in the majority. So that revenues must
be raised. if at ALL by some compromising
of differences, as it scarcely seems possible
that the expensive methods of selling
bonds to provide for current expenditures
viii be further resorted to-"
Ailuding TO the silver question Mr..
"a
practically upon the same ground in that
regard. He said no radical departure
from the present system could be made
without the concurrent action of other
nations.
ON THE SILVER QUESTION.
This concurrent action, or international
AGREEMENT. he continued, may be near at
hand, but the sentiment for il in Europe
and in the United States is increasing day
by day, and IL is the sure method whereby
the nations can use both metals sconcurrently,
and without some agreement each ma
ton will be on the single standard of
gold or silver. with a wide separ ton
between the value of the two. metals in
International exchange.
II know there are many in both political
respect who believe that the United
States should without delay and without
awaiting for an international agreement
or concurrent arrangement, open its mints
to the free coinage of silver at the ratio of
16 to 1.
''Some of them believe that this can be
done without carrying gold to a premium
and that with free silver both silver and
gold can be retained in circulation upon
an equality, but this Is impossible as all
experience shows.
"Others believe that a single silver
standard is better than a single gold
standard, no matter what the result.
These do not take into account the tre-
mendous changes that must follow such
transition and the cost of making it. Sc we
have no controversy with our Democratic
berthren on this important question"
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