The Globe-republican., 1899-11-02
ADANGEROUSREMEDY
TARIFF REPEAL IN DEALING
WITH TRUSTS.
10 Remove Protection Would Either he
Intellectual and Worthless, or Elee 1t
Would Prove Destructive to Our In
dustrial system.

10 the questions, Is the Customs
Tarih the mother Of trusts, as was as
serted by Mr.. HavemeyeT? and Would
the repeal Of protec i've duties on arti-
cles controlled by trusts render the
success of trusts impossible in this
country? one of the most thoughtful
answers yet given by any of our pub
lie men is that Of Representative
Tawney of Minnesota, which is printed
In the current issue of the American
Economist. Mr.. Tawney, a conspicu
GUS member Of the house committee
on ways and means, Of which the late
Nelson Dingley was chairman, and
which formulated and framed the
Dingley tariff law, is a man who
evidently thinks before talking. In
this respect he differs quite radically
from certain other Minnesota takers
and writers, who are strenuous advo-
Gates of the repeal of protective duties
As means of smashing the trusts. Ex-
statesmen who never had any reputa-
ton for brains and editors more or
less Influenced by commercial consid
erations take a flying jump and land
sQuarely upon the conclusion that by
the removal of protection the trust
problem is at once solved. TO jump at
q conclusion Is the easiest of all ways
out Of perplexing dilemma. 1t re-
Quires little thought and less knowl-
edge.
But is the trust question so easily
settled as all this? Representative
Tawney thinks it is not Briefly stated,
his presentment Of the proposition is
this: The repeal Of the protective tar
i'll as a means Of smashing the trusts
would be either absolutely worthless
or else absolutely destructive. II. as is
claimed by all free-traders, by all
mugwumps, and by a few wabbling
prOtectionists, the protective policy
has outlived its usefulness in the
United States, and is no longer neces-
6ary in order to enable our domestic
industries to compete with foreign
ly points out, the repeal of protective
duties would accomplish nothing in re-
straint or contro! of trusts. 1t would
be a worthless remedy, for the trusts
would continue the even tenor OF their
way, just as though nothing had hap
pened.
II, on the contrary, protection is es-
sential as means of assuring the pos
session of the great home market to
the domestic producer, then the re-
moval Of protection would, while I'M
doubtedly smashing the trusts, at the
same time smash our vast Industrial
system, and by so doing would drive
domestic production out Of the field
and leave our consumers wholly at the
mercy of foreign trusts not amenable
to regulation and control through the
operation of our domestic laws
Such is the alternative. Either pro-
lection is or is not needed. Either the
along equally we'll without it, or else
its repeal would wreck the domestic
trusts and also wreck domestic in
dustries. This is a consummation
which might prove acceptable to free
traders and mugwumps; but would
it prove acceptable to the country as
q whole? Halfhearted protectionist
writer's and ex-statesmen who think
they think would do we'll to follow
representative Tawney's example, and
give this question serious considera-
ton before they become SO cocksure OF
having solved the trust problem by the
abandonment of protection.