Fergus County argus., 1902-10-22
PR0SPERITYANISSUE
QUESTION TO BE DECIDED IN THE
CAMPAIGN OF 1902.

Remarkable Array of Facts and Sta
tistics In the Recent speech of
senator GalIinger-Progress Under
Republican Administration.
Senator Gallinger's great speech on
the Dingley tariff will rank among the
most famous tariff speeches ever deliv-
cred In either house of congress Ev-
cry paragraph Of Senator Gallinger's
speech brlstles with facts and figures,
| not the figures which are culled from
here and there to support contention
and which can be met with equally ef-
fective figures on the other side but
authoritative statistics showing our
progress In finance, commerce and in
dustry for the past five years under
the operation of the Dingley law, the
contrast In every instance with the
preceding period under the Wilson
German tariff. The speech Is most ad-
mirably arranged. The senator first
shows the ample revenue under the
Dingley law, giving us for the past
three years an annual surplus Of about
$S0,0O0,OO0 against an annual deficit
under the Wilson-G German law.
Then he takes up agriculture, show
Ing how the farmers crops were worth
$1,000, 100000 more last year than in
1896, though last year was short
crop year In many staples, while 1896
was good year. 1t is also shown that
the value of farm animals was $1,000
600 600 more In 1901 than In 1896. The
senator says:
IL want to emphasize this fact, Mr.
President, that 1t is not the size Of the
farmers crop, but the value, which re-
wards his industry, and the value must
and does depend on the tariff. which
gives good wages the year round to all
consumers"
Figures are given to show that the
income of the people is fully 30 per
cent more than In 1856, and In spite
of an increase In prices In some things
the masses are much better of under
the Dingley tariff than they were un.
der free trade. In proof of this the
senator gives figures Of savings banks
deposits, building and loan associa-
tions, insurance, mortgages released,
etc. showing that the people have a
surplus OF $1,OOO,OO0,OO0 or more an
nually after all necessaries and luxu-
ries are provided. The senator then
takes up manufactures, especially In
iron and steel products. He shows the
production Of pig iron to have in
creased from 6.G51 1888 tons in 1894 to
15,S7S,354 tons In 1901, while the total
production of rolled iron and steel in
creased from 4,642,2 tons In 1894 to
12,349,32T tons in 1901. In the same
time the exports Of manufactures in
creased over 125 per cent.
The great increase In railroad busi-
ness is next shown, being fully 80 per
cent better in all respects than In
1896. In shipping the same great ad-
vance is apparent, the tonnage built In
1901 being 4S3, 4S9 as compared with
III, COZ tons In 1895.
The senator next takes up bank
clearances, giving the figures since
1892. showing that the clearings Of
$4,000, 100000 in 1894 have increased
to $114,OOO.0O0,OO0 in 1901. Postal,
telegraph and telephone businesses all
show most substantial increases during
the past five years against the stand
still Of free trade times.
Most astounding are the figures OF
savings. There are now $4,000, 100000
Of savings banks deposits, and this is
increasing at the rate Of S200,0OO,OOO
annually. But, as the senator shows,
this is not all. for the people are pay
ing $400,0O0,O00 year in insurance
premiums, which is but another form
of savings.
Altogether, 1t is a most remarkable
speech and will make splendid and
effective campaign document. 1t will
probably be distributed widely by the
American Protective Tariff league,
and n copy win be sent free to any
one desiring it.-Springfield (Mass)
Union.