Evening journal., 1897-07-20

svsren.. ana no f~ancsaS system could
make the agricultural sections of this
country prosperous under a tariff law
which compels the farmers 70 pay exor-
bitani prices for their manufactured
Goods.
u bave never been an enthusiastic
supporter of the present law. because
l cannot subscribe 10 the theory of free
raw materials, which is one Of its mark
ed characteristics. but with that excep-
ton it is very much better than it has
ever been credited with being.
while there is no reasonable doubt
as to what the Republican leaders of
the house expected and intended to do,
their purpose has been, at least, par
TALLY. defeated by the amendments Of
the senate"
Bailey on Trusts
Alluding to trusts. Mr.. Bailey said:
Another more practical but less po-
tent reason why the Republican party
cannot undertake in earnest to sup
press these hurtful combinations of cap
tal is that its vast and complicated
scheme of taxation for private purposes
is maintained by the active and finan-
cial support of those who have personal
and business connections with these
trusts, and as you rely upon the votes,
the influence and the campaign sub
scrlptons of trusts it is unreasonable
to suppose that you will deny them a
participation i'm the profits of system
which they have helped to fasten upon
the country. We have sufficient and
abundant proof of this fact in the pend
ing bill. which gives to the Sugar trust
a pure gratuity which experts estimate
] Al. 4 a. a .al1 l1nH
have made some attempt to excuse the
sugar schedule upon the ground that
you are seeking to stimulate the pro-
duction of sugar in this country. but if
we admit that your duty on raw sugar
is necessary to develop the sugar indus
try of the United States it does not
follow that the dlfferential duty on re-
| fined sugar would be defensible. 1t is
hardly pretended by the advocates of
this bill that the sugar refiners of this
country need this differental duty in
order to continue their business.
81 am not willing to charge in this
high place that the Republican party
has sold its intellect and conscience to
the Sugar trust, and l prefer to be-
! lieve that it has been driven by the
logic of it's position to the assistance of
a monopoly which has grown so bold
under its special privileges that II
scandalizes congress and dehes the pow
er of the courts. But, sir, the Repub-
hcan party must confess that 1t has
sold itself TO the Sugar trust, or II
must admit that protection cannot deny
its benefits to monopoly"
Mr.. Payne of New York and Chair
man Dingley closed the argument FOL
the Republicans, but neither Of them
made extended addresses. The former
devoted his time to a defense Of the
sugar schdule. lie figured out a differ
en;ial in favor Of the refiner in the
present law at the prices prevailing IN
1894 Of 525s cents per 100 pounds.
Mr. Dingley openly avowed that the
schedule gave a slight additional pro
lection to refined sugar. but at the SAINT
time 1t raised raw all along the line
Trusts. he said could not be eradicatet
by epithets. "The way to break dowr
the trusts" he cried, lis to establish Z
beet sugar factory in every congression
al district in the country and maxi
competition That is the way to clil
the wings of the trusti"
At the conclusion of Mr.. Dingley's re
marks viva voce vote was taken
which resulted in the adoption of tn
conference report on the bill by a vot
! Of 1S5 to 112