The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1897-11-11
HOME MARKET CLUB.
Continued From First Page.

friends claim to. see in the result Of the
recent elections evidences of popular
dissatisfaction with President Mckinley
and the new protective tariff. When,
however, 1t is considered that falling
OF OF the aggregate vote and majority
| of the party in power, in the elections
succeeding an exciting Presidential cleo
tlon has always been inevitable result OF
| the relaxation from an intense strain that
in every state in which an election was
| held, the Democratic managers carefully
avoided the tariff issue, making contest
| on local or personal Issues, gaining their
only victor in a protective state, through
| the absurd attempt to run two Republl-
| can candidates for mayor OF New ork
city, while the Republicans captured
protection United States senator In Mary
| land, heretofore arrayed against protecIlon
| it is difficult to see on what ground lt
can be justly claimed that the result OF
the recent elections gives any support to
| the claim that 1t shows popular d1ssaGls-
faction with either the successful admin
! istration of President Mckinley or with
the new protective tariff.
| I have no doubt the popular approval
of the new protective tariff will strength.
en- as the business and industries or
the country get adjusted to Its provis-
ions; for there is always more or less
friction in putting any new tariff meas
ure into operation and more or less I'M
| patience at the slowness of reouperatlon,
| and that this approval viii be especial
| ly marked as the Instruments and busl-
ness of the country began to feel the raw
orable influence of a tariff formed to in
crease the opportunities Of labor. TO en-
large the standard of wages and OF living
and consequently the purchasing power
of the people and thus to increase the de-
mand for products and promotesthe pros
perity of all.
| Gentlemen, of the Home Market club,
recognizing the fact that your organiza-
tions stand as an exponent and defender
of protective policy, permit me TO say
in closing that it is because the trainers
of the protective tariff which was so re-
Gently placed on the statute book, bearing
as it does, the title of an act to provide
revenue for the government and encotr-
age the industries of United States be-
lieve that it will in due time bring forth
such results, that l can unite with you
in congra ulating the people of this
country on the great success which thus
far attends the administration of Presi-
dent Mckinley and the return to that
policy of protection, under which the
United States rrospered SO signally for 30
years Prior to 1898, (when our monetary
system was substantially the same as
now) our prosperity rose to height
which was pronounced by acute foreign
observers to be without a parallel in
he history of the world.
Senator Henry Cabot Lodge was then
introduced He said in opening that he
| agreed with GOV. Dingley that protection
as policy has returned to stay. The Re-.
publican party said he, is never afraid to
look facts in tie face. If the facts in the
late elections are disagreeable, we arr just
as ready to face them, and learn their
lesson as if they were the most agreeable
| in the world. But while it is wife and
| 1Sla lr To IaoIy fo nc jv hn faa <har4a Is
no sense in drawing conclusions from
| falsehoods or looking falsehoods in the
face. If we want to arrive Of an intelli-
gent conclusion in regard to the recent
elections we must compare them. not
with the vote of last year, but with the
| vote of similar years. The figures show
| very plainly that outside of New York no
party in the last twelve years has done SO
well as the Republican party has done IN
the year succeeding presidential election
in this year, 1897. (Applause.)
The State of New York was lost TO US
o great disaster do not minimize it in
the least. Lost by division OF the forces
which carried 1t triumphantly year
ago, and which as the figures show, IL
united could have carried 1t again this
year.
, When Mr.. Lodge had concluded, the
president introduced Hon. Charles A
Russell Of Connecticut. Mr.. Russell1s
as follows:
| CONGRESSMAN USSELL'S SPEECH
The Republican party established the
home market. The Dingley tariff pr.
poses to increase, diversity and cheaper
the supplies for that market. The present
tariff undertakes further 10 provide rev
enue which shall allow the government o
balance it's ledger on the profit side OF the
account. Nfs
Three months and little more has our
tariff been in operation. Has it in it's
very initial period Strengthened or iessened
the confidence in its good results?
Men OF business know there is improve
ment. million or more wage earners
who have found employment, after years
CT idleness and suffering, know that times
are better. There are good times here
and better times coming
The truth is the country is on the high
way to prosperity The journey is not
completed in day or in month or in a
quarter--perchance not in year or two
years. But progress is continually being
made, and each stage, as it is pass d,
prlnes confidence and strength for tn e
next one. A little mind cure is a good
prescription for the few dyspeptics still
belching forth the vaporings of d case GUS
stomach.
With the buoyant hope and the increas-
ing confidence which the present situa-
elon justifes there must yet come to tie
thoughtful the query of the future What
will give us proper place in the inter
national competition of trade? Why,
just the same policy which gives us the
benefit in the home market. The same
policy supplemented by all those deelop-
Ing economies of manufacture-all those
fostering interests of carrying trade,
all those sound and accommodating ener-
gees which apply to an intelligent, pro
gressiye people.
Paradoxical you say? No more so than
the paradox of home protection for our
iron industries years ago and the develop
ment OF an iron export trade which we
have today. No more SO than the para
dox, few years ago, of establishing by
protection silk industry in this country,
and today the establishment successfully
and wonderfully made, defying foreign
competition in many of it's important
branches.
country commands foreign trade
whom it is able to offer what the trade
| RI act, ~ Ea+fd No