The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1902-12-05

NGSAD~lN ANG\
at short intervals Moreovef, il the tarif
laws as a whole work well, anG IL business
has prospered under them and IS prosper
Ing, II Is better to endure for a time slight
inconvenience and inequalities In some
snie schieauies than to upset business by too
ercsslS eElcs ano too % radiGal changes most
the tariff from the Standpoint solely of our
business needs 1t Is. perhaps, too much to
esed sSPe shs. s1o may be entirely e1
but at least It can be made secondary 10
the business interests Of the country-that
ITnn ITT 70 me interests OF our people as a whole.
Will best be served II together with fxi.y
Of principle as regards the tariff we com
pine PINE a system ;, which Will permit US from
p,aoation I,d OF the principle to the shifting ma
In such cha, tne ey reappseation IL m shall be made
threat Of which ,tnot to speak Of the peie per-
business energies of the community. The
first Consideration In making these changes
Wonid. Of course. be TO preserve the prin-
tem-that is, the principle OF putting Amer
lean business interests at least on a full
equality with interests abroad, and Of al.
more than cover the difference between The
Iabor cost here ane abroad. The weii-be-
Ing of the Wage-w2rker;, like the wei-be-
ed as an essential in shaping our ie whole Whole
economic policy. There must never be any
ehange en- which Will jeepardize the stand ard
american wage-worker
One way in which the readjustment
sought can be reached is by reciprocity
such treaties may be adopted. They can
be used to widen our markets and 10
give greater field, for the activities Of
the other to secure In practical shape the
lowering OF duties when they are no
longer needed for protection among our
own people. or when the. minimum Of
damage done may be disregarded for the
sake OF the maximum of good accom-
plished If 1t prove impossible to ratify
to be no warrant for the endeayor 70
execute others. or to amend the pending
treaties so that they can be ratified. then
the same end-to secure reciprocity
should be met by direct legislation.
Need of "A Tariff Commission.
Wherever the tariff conditions are such
that a needed change cannot with ad-
vantage be made by the application Of
the reciprocity idea then II can be made
outright by a lowering. of duties on a
should be made only after the fullest
consideration by practical experts. who
should approach the subject from a busi-
syn s vsS an beth tn.
mercial well-being of the people as a
whole. The machinery for providing such
,,s,ra careful INVESTIGATION can readily be sup
ready at Its disposal methods of collect
ing facts and figures; and IL the con-
gress desires additional consideration TO
that which will be given the subject by
Its own committees. then a commission
OF business experts can be appointed
whose duty 1t should be to recommend
n ffar daIth thAra -
and scientific examination of the various
schedules as they are affected by the
changed and changing conditions. The
commission would show what changes
should be made in the various schedules,
and how far these changes could go
perity which this country Is now enjoy
Ing. or upsetting Its fxed economic pol
The cases in which the tariff can pro-
stitute an inconsiderable factor In the
question; but OF course II In any case
Il be found that given rate Of duty
III, no ,proteotionist would object to such
reduction of the duty as would equalize
competition.
In my Judgment the tariff on anthra-
cite coal should be removed, and anthra-
cite put actually. where II now Is nom
inaily: on the free list. This would have
pie. ~ 'ElI h-5Gl
Needed Financial Lesplsla tion.ri
A Interest rates are a potent factor in
business activity, and In order that these
ing needs OF the, seasons and OF widely
separated communities, and to prevent
the recurrence of financial stripgeneies
which inturiously affect legitimate bust
ness. II rs necessary, that there should be
an element OF elasticity In our monetary
system. Banks are the natural servants
OF commerce. and upon them shouid be
placed, as far as practicable, the burden
lation adequate to supply the needs or
our diversified industries and of our do
mestic and foreign commerce; and the
issue OF this should be SO regulated that
available for the tie business Interest," waSs ~
the country
It would be both unwise ana unneces-
sary at this time to attempt to recon-
struct s our financial system, which has
Dee Deen the growth OF century; but some
additional legislation is think, desir-
able The mere outline OF any plan sum
ciently comprehensive to meet these re-
pirate limits OF this communication n
IS suggested. however, that all future
legislation on the subject should be with
ime VIEW 81 ,ean1courasng the use Of such
supply every legitimate demand Of pro-
duetiye Industries and OF commerce., not
only In the amount, but In the character
OF circuiationi and Of making all kinds OF
money interchangeable, and at the will
Of the holder. convertible into the estab-
iished gold standard. 'f-tf
1 again call your attention TO the need
cavsra ca passing proper immigration law.
sage to you at the first session OF the
present congress; substantially such q bill
has already pessed ths house.
THE LAu0a panurr~