Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1902-12-04

W|NMT1I
and requirements OPERATING directly upon
such commerce. the lnstrumentafiues
thereof and those ensnF.a therein a., an.
reconsideration Of the congress With a View
10 the passage Of a law reasonable " It's
provisions and effective In IT, operations.
adludlcated that now raise 6S=hts an 20
the necessity % constitutional amenc-
ment II u prove impossible 20 accom-.
pllah the purposes above set forth by such
n law. then aHsurediy we should not
shrink from amending the constitution -
as 20 secure beyond peradventure the
Ths conrrcs. has not heretofore made
any Appropriation for the better enforce
ment 81 he antitrust law AZ Y now
stands Ncry much has been done by the
department Of Justice In securing the en-
fofcsment OF this Jaw but much more
could be done n congress would make
be- expended under the direction OF the
one proposition advocated has been the
reduction of the tarin ~ means q
reaching the evils 81 the trusts which fall
within the category / have described.
Not merely would this BE- wholly inencc-
tive but the diverslOn % our efforts IN
such "a direction would moan the aban-
donment N 40 Intelligent attempt to do
away with these evils Many N the lar
gcst corporations. many ~ those which
should certninly be Included IN any proper
scheme 90 regulation. would not De ar
fccfed in che slightest degree by change
In Inc tariT save ~ nuch change inter
fcrcd with the general prosperity % NC
country. The only relation 90 INC thfiu
10 big corporations ns whole u mat nc
tnrin makes manufacture profitable. ana
the tarIn remedy proposed would De ~
eject simply. 10 mako manu- ,, u, uh.
punitive measure directed against trusts
would inevitably result in ruin 20 ne
weaker competitors who are etruEfinH
against them. our ulfn should De- not ~
urvslna tariff changes Co give foreign prod
uctH the udnnfnar over dnWciuc prof.
ucta but hT proper regulation 20 give 90
NESTLE competition fllr chance. hnl
this end cannot he reached h} any Wru
changes which would Iuect unintlfahlt
AN domestic competitors. good und uah
alike Tho question ni reNhAu'h Nl Nhs
trusts stands apart from The question or
tarin revision.
stability 90 economic policy must al
ways hn che prime economic uffl ut lhl+
country Ih'H stability should NOT hr loi.
sllizatlon. Tho country has hcquirsr'd
in the wisdom az the protective mrin
principle NJ is exceedingly lticalrahle
that This system should no DESTROYED ot
that There should De- violent ana fhdlcal
rhaugss therein. our past experience
shows that great prosperity IN THIS conn-
trY has always come under protective thl-
iT and that The country cannot prosper
under htful tariff changes at short Inter
vals Moreover m the tariH laws ah
" sale work well and 10 business BIAS pres
psr,d under them and D. proapering u "
veuiences and in~uullltlcs ln some Hrhei-
usa than to upset business hy too quick
snd too radical changes ~ u most ear.
Hsstiy On b wished that Ne couid treat
he tsrif from ths ntanipoint solely ~
our bl.irgss meets u T. perhaps. 100
much = ross ttlat psrtiaanaiAp misY "
entifHy -tcifsd NfTotn considerllinn 4i
secondary 10 the business Interests ~ The
country-that ia. 90 the Interests % our
people ~ "a whole lngucauQnahly lhsss
business interests will best he served "
together with nKity OF principle as re-
CARDS the turid We hiue u system
which viii permit us from time 90 time 60
make the necessary complication OF th'
prinripls no the shifting national needs.
We must take HrrupulouE care that the
reaupilrafion shall De- made lu such way
that u will not amount 20 a disloealion o.
90 speak % the performance. would pro
duco paralysis tn The business energies
of the community. The hfHt consldera.
tlon Ia making these changes would, ~
course b. 10 preserve the principle which
underllcs our whole tarin system-that u,
tho principle % putting American bust
ness Interests az least on full equality
With interests abroad and % always al
lowing "a sufficient rate % duty % more
than cover the difference hetwcen the
labor cost here and abroad. The well be
Ing 81 the WagcWurkcr. like the well be-
Ing % the tillcr - the soil. should be
treated a. an essential IN shaping our
whole economic policy. There must never
standard % comfort. ihs standard %
wages. % the American wageworker
one way IN which the readlustmsni
sought can be- reached IN by reciprocity
treatisa IL Il greatly 20 h. desired that
fuch treaties may be adopted. They can
be used 20 widen our markets and 70 give
prdas sesr on "1'I he one hand and on the
other hand 20 secure IN practical shape
the lowering % duties when they are no
longer needed for protection among our
own people OF when the minimum u dam
age done may b. diareEnrded Tor the sake
of the maximum u good accomplished.
N u prove impossible 10 ratify the pend
ing treaties and " there seem 20 os 10
ers or 20 amend the pending treaties 20
that they tau be ratified. then the same
end-to secure reciprocity-sho be met
Wherever the tarin conditions are such
that n needed change cannot with ndvan.
taEe be- made by the application 81 the
reciprocity idea. then u can be made out
right BY "a lowering % duties on given
product IN possible. such change should
he made only after the fullest considera-
tinn hy practical experts. who should 40.
proach the subject from a business stand.
point having In view both the particular
interests affected and the commercial well
heinR - tho people a. n whole The ma
chinery for providing such careful lnvea-
tlEatl0n can readily BE- supplied. The o.
scutive department has already AZ 90
disposal methods ~ collecting facts and
ngurca and " tho congress desires add
tionaI Consideration 90 that which will be
given the subject hy ~ own committees
then n commission - business experts can
be- appointed whose duty u should BE- o.
recommend action by tho congress after
a deliberate and scientific examination ~
tho various schedules a. they are affected
hy the changed and changing conditions.
The unhurricd and unbiased report % this
commission would show what changes
should be- made in tho various schedules
and how far these changes could go with.
out also changing the great prosperity
which this country u nov enjoying or
upsetting ita fixed economic policy.
Tho eases ln which the tnrin can pro-
ducr n monopoly are no fcw az 90 CuuHti.
tute un uncomfortable factor IN tho qucH-
/ tioni but u course N in any case 10 be-
| found that o. given rate 90 duty does pro-
mote "a monopoly which works 900. no pro-
tcCtioniHt would object 90 such reduction
I - the duty au would equniiIo competition
IN my Judgment tho tarin on anthracite
I coal should ho removed ana anthracite
] put actually. whore ~ now IN numiuhllY
\ on the free llat This would have mo- effect
] 90 nll save ln crises. but in crises 10 might
I be- ~ service to the people
Interest rates are n potent factor IN
I business activity. ana ln order that these
rates may be rGuuiizsd 90 meet the vary
ing needs " the seasons and n widely
j separated communities and tu prevent the
I inluuUuH'F affect legitimate business 10
I ia necessary fhHt There should Boz an elea
. mont U. elasticity Iu our monetary HyH.
. tom Banks Uf. thr natural rrrvun'H ~
] cummsrrg. ana upon them should be-
| placed. na itf un practicable. the burden