Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1899-06-16
Statement Of Havemeyer
About the Tariff.
DIFFER MUCH
Platt Says It Was Made in the Inter-
eStS Of the Democratic Party while
Others Claim It Was a True State
ment of Fact.

New York, June 16.-The Herald says:
Opinions widely different are being ex-
pressed in this city in regard to the
statement of Henry C. Havenleyer, pres
ident of the American SCAR company,
before the industrial commission at
Washington recently. Senator Thoma
c.. Plat said:
"Mr. Havemeyer expressed the views of
a democrat, and his statement was in the
interest of the democratic party
Edward NJ. Shepard, a leading attorney
for large corporations, said:
Il thoroughly agree with the PROPOSE
ton that the serious evils of so-called
trstuS n mOnopolies are evils arising
from the tariff system. This general
doctrine was very well put by Augustus
Van Wyck, in his speech at the demo-
cratic dinner in April Whatever excuse
there may have been in the past for the
maintenance of infant industries it is GER
tain the United States has grown far be-
yond the usefulness. if there ever was
any usefulness. of the extreme protective
system under which We now live. The
true warfare against monopolies ought
not to be waged by un-democratlc inter-
ference with the liberty of business, but
by dealing with the system of special
privileges created by the existing tariff
Edward Lauterbach said:
MIR. Havemeyer's statement is preg-
nant with ideas that call for special con-
sideration by those who shape our ma
tional policy. The acquisition OF HaWall,
Porto Rico and the Philippines, and what
appears to be the certainty of the early
acquisition Of Cuba will beget a situation.
as soon as the provinces become part Of
the United States. that necessltate the
most careful consideration of the tariff
question. But no republican would
rashly and without the most abundant
consideration. advocate an alteration of
the existing tariffs. Changes in tariffs.
and even threats of changes, do more to
unsettle business conditions than any
thing else, and ven faulty schedules are
better than agitation on the subject, UNI
less it shall result in a policy that shall
be just. and, above all, lasting for a con-
tinued period"
Former Representative John Dewitt
Warner, one Of the leading members Of
the Reform club, said:
If Mr.. Havemeyer lmaglnes he can
elude pursuit by crying stop thief he is
not the first man who has made that mis-
take. although accuracy Of his state
ments as to other peoples sins make one
query as to whether with a somewhat
further development of veracity he may
not turn out to be a failure among the
prophets. Should he once become con-
Verted, his courage would make him in
valuable. In the face of the facts, his
own conduct and the course of sugar
stock prices, his suggestion that he is pro-
tected by only one-e.ghth of one per cent
is simply heroic. 1t is true. however, that
since DoschGr and Arbuckle have been
producing he has actually realized but
little more than one-eighth, to which he
| owns up"
General Wagner Swayne said:
There is not a doubt in my mind but
that the JnctitutiOn and aiptapop ca a.
a. protective tariff as one of the features
of he government of this country was
originally wise and right and has been
an essential, if not an Indispensable fac
tor in it's growth and welfare. When a
tariff goes beyond the reasonable limits of
protection, and our tariff frequently did,
and doubtless in some particulars does
noW, its natural effect is to stimulate
manufacture in these particulars, and
oVer-prOductlon occurs. When this occurs,
over-production begets trusts for it's sup
preston, and those things that Mr..
Havemeyer say become true to some eS-
tent. The present situation in that re-
spect is normal and has not yet sufficient
~ matured nor progressed far enough to
justify sweeping conclusions or trenchant
remarks, the drawing and making of
which are more easy and FASCINATING
than they are reliable and useful. The
alleged basis on which combinations of
manufacturers are based is the econo-
mics that result. OF these the public is
certain to get a good share To whatever
extent that results the combination will
stand. and Mr.. Haveneyer is right in
saying that it is idle and mischievous to
iegislate against them. The immaturity
of the situation to which l have referred
10 IN my opinion does not admit of say
ing more than this at present.
poreo1S eo1ort A.