The herald., 1896-05-07

for Mckinley. In consequence the stock
points stronger today and the prestige
of John d. Spreckels as manufacturer
Of Allison delegates has suffered some
impairment in the minds of the Iowa
senator's managers.
The conventions platform production
is like nearly all affairs of the kind
turned out by California's Republican
conventions. 1t will not set any rivers
af1ame nor strike terror to the hearts
of the Democracy. OF course. 1t charges
the Democratic party with the evils that
came as the fruit from the tree OF Re-
publican legislation and which budded
long before the ak of Democratic con-
gress had been laid to the roots Of the
tree. The gospel of the salvation which
comes of a tariff that protects is ex-
alted in the customary way, and that
step-child of protectionism. free coinage
of silver at 16 to 1, is greeted with the
cordial hand. The fly catching plank
of the aggregation is the one lending en-
dorsement to the unique scheme of the
we'll meaning but deluded Mr.. Lubin
of Sacramento. The Lubin plan, now
an article of the Republican faith OF
California-this is the second Repub-
lican state convention to give sanction
to this plan-provides for stimulating
the export Of agricultural staples by
government assistance. The govern
ment is to make it easier for the foreign
consumer of American agricultural
products to obtain the latter by pay
ing a bounty to the exporter, or part
of the cost Of transportation from this
to the importing country. In the adop-
ton of the export bounty plank the Re-
publicans Of California prove that along
the line Of paternalism they are more
progressive than their brethren or the
other states. 1t Is to be hoped that for
the sake of consistency the st. Louis
convention will incorporate the plank
in the platform there formulated. II
rounds out and makes symmetrical the
scheme of protectionism. The robbery
of Peter to enrich Paul becomes easier
and less Objectionable when Peter is
permitted to rob somebody else. AT
one stroke 1t solves the problem
of mutual protection. With
tax on imports and bounty
on exports the people OF the Uhlted
States can be made happy and prosper
Gus as easily as a boa constructor can
consume it's own length or as an ordi-
nary mortal, by tugging at the straps
of his boots, can change from one side
of a fence to the other The manu-
facturer and coal and iron barons can
be protected by tariff, the exporters
of agricultural staples can be protected
by bounty, and the consumer. who is
neither a manufacturer, a coal or iron
baron, or an exporter of agricultural
staples, can be protected-by Provi-
dence. And there you are! Can thera
be a more simple and dexterous mode
of maintaining an American standard
of wages than this mode which provides
with sublime impartiality for both send
ing and keeping things out of the coun-
try? The question of the unemployed
would be speedily and finally settled. for
with nothing coming in and everything
going out the activity requisite to get
enough to eat, drink, wear and live in
would preclude the possibility of idle
ness for any considerable time. The
world moves in political economy, even
as it does in other fields of human
thought, and the school of John Stuart
Mill, Adam Smith, David Ricardo and
Henry George passes before the rays of
light that gleam from the unfathomable
wisdom of the school of David Lubin
and the California Republican state
convention. .,4.-
The platform, like the candidate for
whom the conventions delegates are in
structed to vote,sis safe-it can be left
outdoors over night-norothe political
combinstion will want to steal it.