The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-09
PRTcEs NAV co roo Tow


We are frequently threatened wlth over.
production and against this we must al
ways protect by increasing our markets as
far as possible But other countries also
have owe production, and from this source
our Industries are sure to be crushed IN
less protected. Does any one suppose pny
iron industry in the United States could
have survived an inundatiop from Europe
occasioned by recent business stagnatlon in
some localities ON the continent but for the
tariff? The republican party watches pri-
marily that the American laborer shall
have employment. 1t Is probable that dur.
Ing the last year or two free trade IN iron
would have cheapened the product to the
American consumer, but q million aud
half people, fed and clothed directly by
wages paid by the various iron ana steel
manufactures. would have been again beg.
ging bread. Unreasonable prices are al
ways Objectionable, but prices unreasouably
low are more objectionable and fraught
with greater hardships, primarily to the
wagc.earner, and, secondly, to all those
who supply the wageearner's necessities,
than prices unreasOnably high. DO you
remember that President Harrison said
again and again flor the issue In 1892 was
high prices, There is such a thing, gen
tlemen, as having prices too low" Bot
had four years Of low prices, Do you want
to try this experiment again so soonl We
viii have prices low enough as soon as
the supply equals the demand and the
naked threat OF change OF economic
policy always has had the effect to check
demand more rapidly than anything else.
Today consumers actually bid against each
other.
The democratic party has another remedy
besides a revision OF the tariff, and that Is
"The free and unlimited coinage OF silver
a. tIts att If 70 4 wilt cold NRsIFH artf
the aid or consent OF any other nation
whatever" ] am OF the opinion that this
would be more effective, II possible, than a
removal Of the tarln. ] also think the
remedy would be more permanent, for Il
would certainly crush out that restless
American enterprise which IL thy real seat
Of the disease I do not think any country
on silver basis was ever troubled with
trusts; yet ! am not prepared TO recommend
Il. Sometimes the remedy Is worse than
the disease
amendment which will give congress an.
thority To deaf vita trusts, combinations
and munopolics, wherever located, regard
less of State lines. Indeed, republicans IN
hut Il failed 10 pass. AMI whyl II takes
a tgo-thrds vote IN both houses TO pass a
measure for q constitutional amendment,
and the republican party was not that
strong Just before the proposition was
placed upon its passage the democratic
leader read with approval an editorial from
conservative and OF the same time the fair
est and most consistent Of the opposltion
papers as follows:
'iBv supporting this constitutional amend.
pont democrats viii have connived OF the
permanent retirement Of the trust issue.
and is Withdrawal from the campaign. and
thereby rphhrd their party o. one az the
most powerful engines ~ war.
Be then proceeded ~ crack his party
whip IN this language;
"If we pass the constitutional amend
ment. tho eject II " viii be 10 eliminate
the trust question from the campaign Now.
no we going 10 help 10 do ~ I hope not .
When the roll was called one lone demo.
crat voted With the rep1bllcans. aud an