New-York tribune., 1897-07-23
Colgate &Co.,
Oldest and largest American
O an Makers and Perfumers.

at good wages. and that these opportunities widen
m"py mG and dsa the az Of
which can be made produced here wtnou, than
nSroad A pocy Which
stroy home Industries In which no more more labor rs rs
required for production here than ABROAD, OF W
reduce wages under the plea that the products OIL
such industries can be purchased az LON cMeI hgber
wages is destructive to prosperity. for the reason
that nothing Is CHEAP Which M 6iYment Of their
labor and reduces the wages paid to labor.
EFFECTS OF FREE-TRADE POLICY.
Under the plea Of Democratic free traders or
friends OF tariff for only. that protective
duties. e.. duties equivalent to the dinercnce OF
cost of production and distribution here ana
abroad, arising mainly from our higher wages, are
a tax that Increases the burdens Of our people
majority of the voters OF this country, In No
vember, 1892, voted the Democratic party into
power. with commission TO overthrow our our pro- pro-
settled and WEIGHED the Of this GGn,ry
csnse 10 in e aGs o
manufacturers. 1t was belleved-and believed
than the difference Of cost Of production here and
the time at least the foreigner would inevitably
ha GoG ook n s @
FIRST Of anticpated and subsequently PARTIALLY Partially
began to shorten sail and stop machinery and then
to or S se bsan S and
consume less of the products Of the farm the ne shop
smpen sa the m Ad in he marhs and u
munerative prices under the inevitable law tnat
fn WHEN WIEN here r are @o sa
diton Of production distribution and CONSUMPTION hh
Is denominated Industrial and business depression
We have had the free traders paradise Of
cheap goods, but the cheapnees has been Sc
cured at fearful cost. venture to say that not
last four Years the masses of this country have
not for paid so mTeh in ae0r % T heS
have paid during this period Our people % nave oeen
have learned lessons that will be forgotten for
''''' ''''''' A COSTLY LESSON.
The tuition has high. but the experience
will make it difficult for gentlemen on the other
side again to misead voters by assaults on pro-
tective duties as robbery" as the ''levying OF
new burdens" when their object Is simply 10 place
competition here the basis OF our high wages
rather than the basis of the low wages or Eu-
rope. The end aimed In the protective policy
is not the benefit OF the producer or manufact-
urer as such. for such either Is as well of un-
der free trade with European wages as under pro-
lection with American wages, barring the advan-
tage which flows from the increased market caused
by the high purchasing power OF the masses The
object In view, / repeat, is TO enlarge the oppor-
tunities OF labor through the diversifcaton and
growth of domestic industries to elevate the stand
ard of wages and the standard OF living, ana thus
promote the prosperity OF all Glasses.
Now, Mr.. Speaker the majority of the committee
who have framed this proposed Tariff bill believe
that any economic measure whose ERECT Is 10
transfer Europe other countries the making OF
articles which be produced here without natural
disadvantage never produce anything but ruin
10 any country loud applause.) We believe that
when the protective principle is applied or imposing
duties equivalent to the difference Of the cost OF
production and distribution arising from our higher
wages of labor as proposed in the pending bill, and
thus increased opportunities are offered TO Ameri-
can labor giving the masses purchasing power
which they have lost under the conditions OF the
last four years-a purchasing power which enables
them to buy more OF the farmer. more of the mer-
chant, OF the manufacturer, and more OF every
producer in the land-then confidence will begin to
return, prices will begin to rise TO paying point,
and prosperity begin to In upon the land. loud
applause the Republican sde)
Mr.. Speaker: 1t Is not my purpose to enlarge
upon this view at the present time. feel that II
is due TO this House, and it Is due TO the people OF
! this country, that this measure, framed so az ia
secure adequate revenue for carrying on the Coy
| ernment and at the same time with duties so ad
justed rs 10 open up new opportunities for our owr
| labor. will be the beginning OF that prosperity
which was dspeed in 1892, after thirty years con-
tinuance. feel that ii is not desirable now that
longer time should be given to a further explana
tion and defence of the principles which have con
trolled the committee In framing this measure Oul
duty is to act. our duty Is to relieve the people OF
| the country from the uncertainty which exists
and the wheels of business In motion. G.oud
applause on the Republican sde.)