The Providence news. (Providence [R.I.]) 1891-1906, 1902-10-21
Also Pays His Respects to Trusts
and Ship Subsidies in His Letter
OF Acceptance.

ican people. consumers Of the products of
American industry. and not solely by rep
resentativee OF Its benefciaries The Am
erican people have no desire to destroy
American industry and can be trusted to
that end.
But II is especially proper that a re-
vision OF the tariff should appeal to the
voters OF New England We have but
few votes I'm congress compared with the
West, and IL Is perhaps natural that In
the distribution OF protection fAvors the
needs OF New England have been ignored.
Republican majorities have been large
and Republican congressman from New
England. secure as IL has seemed to
them from effective opposition. have not
ventured TO incur party displeasure by
demanding the rights OF their constit-
uents.
Garden seeds and pensions have SEEM
ed 20 them to afford a safer field for ac-
tivities. Even the grant OF a new post
Office building In Providence has been
delayed until the condition OF tho present
building became a disgrace. and the To-
cal delivery OF mall In that city IL not
equal to that of many second class cities
In the West
But New England sadly needs aid
| once our tide water towns gave employ
ment TO labor and capital In large and
successful iron works now empty. disman-
tied, or turned TO othor uses. Our dis
tance from the coal and iron mines OF
| our country prevents our active oompeti-
ton with industries nearer tho mines
FURNACES OF NEW ENGLAND.
Free coal and free iron would start
once more the furnaces~of New England.
Free lumber would lower tho cost OF ev-
cry dwelling erected, al the same time
checking the spoliation of our fast de-
! crease the great leather industries which
are now leaving New England, and free
wool would increase and strengthen tho
great industry OF which New England
has been SO proud in the past. but which
under Republican legislation is anguish
ing.
Across our borders lies a large and
| naturally rich country OF many millions
! OF people They have much we need. we
manufacture innumerable articles which
they would gladly purchase. The natural
channels OF trade would bring us together
for mutual Interchange, and yet New
England's rightful market Is closed to
her and our Canadian neighbors COM
PEELED TO seek other markets because OF
a disputed boundary covered by snow In
Alaska.
But there are other reasons for re-
vision of the tariff laws OF this country
Within the past hve years the Increase In
number and extent OF aggresations OF
corpora tions called trusts. has been fai
greater than ever before In the history Of
this or any other country.
This has been accompanied as a rule
by capitalization, compelling the pub
lie 20 pay prices which will provide divi
dends upon enormously watered stock
prices 30 large that products can be ex
ported 20 foreign countries and sold a
less than purchasers are compelled to PAL
a, home. by discrimination In prices snt
by secret and special railway rates Deal
ers must submit 20 a tyranny which
would have been impossible 26 years ago
] Or receive no goods.
The small dealers are reduced 10 al
most a state OF slavery. and any com
petition In prices 10 rendered impossible
The result 10 tho public OF the torrnini
OF trusts dealing With the necessities o
life b seen IN the increase Of prices o
such articles. shown by tho reports o
such Trustworthy authorities as Dun
agency 20 have beon 20 per cent sine,
1897.
Tho meat trust asEregating sion
over sss 600 900. is fcit IN every househoiI
IN the land md beef is sold by " a
hlsher prices I'm America than by In
same deelsv IN London or Paris. Tn
average rise IN the volssels price OF mes
| has been n per cent over the price n
1898 This IN but one of many CAGES
The Democratic position upon this sub
jeot L. not demasogic Large combins
tons of capital are necereary for larx
u Continued on Psse Ninel