New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-09-28
curFRs FOR SENATOR FORAKER,


a, tbe end of Secretary Roots speech Senator
Foraker was introduced. He received an oNa-
ton from the assemhage that was long con-
tinued. He spoke as follows
The trusts are not in any proper sense OF me ne
word party question and IneE oT6nariiy de-
vote but little time 10 them But me Iel u.s. %
election because of the attitude toward mem S Ss
some Republicans IN his district mas olO .arican
people in such a way make apology Tor a lie"
pam IN the first paee trusts did not originate here.
as result of the tariff but in England and huro
pean countries where they have free trade 1 ana
where they had trusts OF every character ions
before they became common in Amer i - dtlT
are in the United States In the next place, VIA
moro man large corporations engaged. rule
in perfectly legitimate business, and as such ing
conditions. Democrats and Republicans alke pr, pro
mote them, organize them hoo , sIosh "a and ad
pantages. They exist because there is d enan9
In the Kansas City platform the Dernocrats told
Us how they would deal with them aRe ss n nh
lcity and the other the free list for trust mace
Tiary. These are fair examples OF Democratic
r 9b he[ t IS unSer the laws
Of almost every State in the Union as 70 oTganli
cation. stockholders. as 10 capital subscrlbe1
and capital paid corporate purpose, as 10 cor
that concerns the public, and a great many that
like Of which are manufactured or produced IN tIS
country by trusts Is only another name tor free
.e;r elsa u 800 uo,,G5 ~ III 5 he FREE trade but
81 would he free trade in most aggravated form.
Who would determine, and how, which companies
worse confounded' would reign
For illustration the United States Steel Cor
poraton. the largest Of all the combinations.
would doubtless be held 5e within the
do onehaf the business Of this co9nrS Of it's kind
The remainder is done by numerous smaller con
man OT pEli would not d.. hold he
trusts under such law If all the products in
would he the result? All alike great and small
would be placed At the mercy Of European trusts
Under such competition al would suffer. and most
Of them fan, but the weakest institutions, and
fail II any survived ii would be the strnnSesT
and the guiltiest. Disaster. wreck and ruin would
campaign textbook 10 see that according 70
Democrats opinion practically every manufact-
To put all they claim are manufactured
business. but ii would bankrupt the government
Nothing could more surely or more quickly carry
last Cleveland administration Instead Of p1ft 6t me me
T aH ought trust f6 P s@efed IN h the
lookup, who is capable Of giving such advice
TARIFF REVISION.
This does not mean that We are opposed to anv
KIND OF change at any time in the tarin schedules
and rates On the contrary. believe in tariff
revision from time TO time. occasion NAV re-
euire. but it must always be on protection lines
AT the very foundation Of the protective policy il
has always been the idea and claim that il would
petition. and ultimately reduce the cost Of manu-
features below their cost abroad. 1t has also al
WAYS been part Of this policy reduce high rates
of duty deemed necessary TO secure the establish
of industry rapidly as its development
and the cheapening Of its product might allow
Repeatedly since we inaugurated this policy we
have revised the schedules; in many reducing
rates in some increasing them. in others abolish
ing them entirely. Rates that are necessary to-
day may be higher than will be needed for either
revenue or protection ten years from now. That
depends what may happen in the mean time.
In 1897 we enacted the Dingley tariff The rates
existing The prosperity that ensued and which
has eontint ed until now @itnoa, interruption vim
of duty II provided But as time has passed. the
in yw % Which r we then en- egsatd
necessary may not in all cases be necessary now
some should be reduced. some made higher otbare
altogether abolished The Republican party will
not for light reasons disturb law that has hgou~b.
US such prosperity. but IL will not hesitate wber
there IS just occasion for doing s to make such
amendments as changed conditions may demand
In the spirit shall make whatever rel
procty arrangements may be entered into If ex
listing rates on certain articles are higher than
necessary meet the purpose of revenue and nrn
lection, and we can. by reducing them secure
compromising reductions for our goods going into
foreign countries. there is why We shonIS
not DO So But SO long as the Republican party
reductions Will be made any account that will
the employment OF American labor. affect preiu
dcial1y American wages. or disparage the credit
This is true as Cuba We'll as to other conn
tries. While that case is exceptional. YET no one
that islanc that would leave unprotected any in
custry OF this country. and for the reductions we
in the corresponding reductions that are TO he
made on our goods imported into Cuba So that
to get into markets for the sale of their prod
ucts they are at the same time to give us chance
fair bargain. in which are to get value received
foa at we are asheG 70 give put inaepen ZEN, OF
Cuba whatever may be necessary TO give her pros
perity. We under moral obligation to do So