Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1902-10-02

r that party will find the scepter slip
ping from its grasp and will final.
have to yield control TO its antagonist
! just now, even, cloud no bigge
than mans hand is causing Republi
can leaders a good deal of worry
This is the question of a revision Of
the tariff as means of curbing the
trusts. A considerable portion of the
Republican party is of the opinion
that, by lowering the duties on articles
produced by trusts, the American pub
lick can be in a measure relieved from
the high prices arbitrarily fixed by
these concerns that control the home
markets. Forced TO compete with
foreign-made goods, they would be
compelled to sell at a fair profit. in
stead of robbing their countrymen. 1t
is alleged that the tariff duties enable
certain trusts to fill their Golfers at the
expense of the home consumer, while
these same trusts export their products
and sell them in foreign markets at
lower prices than they command here.
The proposition is to place such arti-
Giles on the free list, on the ground that
when a producer is able to compete in
foreign markets he no longer needs
protection and that when he has it and
foreign goods are kept out he has the
home market at his mercy and can
charge exorbitant rates.
OF course this idea of antitrust tar
III revision is earnestly seconded by
the Democrats. who would even 90
further and cut deeply into all sched-
ules. IL is believed, however. that
majority Of the Republicans are not
in favor of the plan. Even those who
are bitter in denuneiation of trusts feel
that it is impractical to strike at them
through tariff revision. 1t is pointed |
out that several Of the leading CON- |
5inations could not be reached in this I
way 1t all for the reason that they /
leal in articles now on the free list.
[ is shown that in tree trade Great
Britain trusts are as numerous and
as in protection America.
still further. il is feared that re-
-ision on the lines indicated would
'e far more disastrous than all the
vii trusts are guilty of-that the
emedy would be worse than the
disease. Finally, 1t is believed that
ther and more effective means of
ealing with trusts can be found that
1ill not interfere with legitimate
Industry, while guarding against the
FACTIONS OF great monopolies. For
lstance, President Roosevelt adyo-
ltes a constitutional amendment
wing the federal government power
supervise and regulate these COM
nations.
But the division among Republic
ms evidenced by the discord in Iowa
aiding to the retirement OF Speaker
anderson, and by the success OF /,
r. Foss in Massachusetts,. who ran ],
r the Republican Congressional y
animation on a liberal tariff plat {
rm, and by other things seen and !
ard all over the country-this a
vision is giving encouragement to .
e Democracy and inviting it to Z
I'd up its loins and get into shape a
r formidable warfare. !
President Rooseyelt's administra-
IN has been successful thus far, but >,
is yet two years before it will be !.
He'd TO account and much may !,
ppen in the meantime. The party ),
II need to harmonic its differences, !
far as possible, and present .,
ited front in 1906 if it hopes to con- !,
lue in power.