The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-06-05
PHYSICIANS OUTFITS.
Surgical Instrument Makers,

paying therefor an enormous premium,
which, of course, was fixed by the bond
holder, paying out OF the peoples money.
confcssedly derived from overtaxation, the
enormous sum of $500 ,0O0 for which he
purchased bonds Of the par value Of only
A1.0c0.COO thereby giving as bonus or
premium TO the holders Of the bonds the
sum OF S11.0O0,000.
Had the Democratic policy prevailed there
would have been no necessity for these eff
forts to restore these vast sums into the
circulation, for il would have remained
natural and normal way found its way to
circulation and made itself part Of the
needed volume of money.
But the money derived by the govern
ment from tariff taxation is but a trifing
part OF the vast sum which is annually
extorted from the people by reason of the
as TO exclude foreign competition the Amer
lean manufacturer may raise the prices of
the articles manufactured by him TO point
Just below the tariff line, and in that case
the increased price paid by the consumer
IS a direct tribute paid by him from his
earnings TO the manufacturer thus favored
by law. Ii was by reason of laws of this
kind, taxing the many for the benefit of
the few, that millionaires have so multi
piled In this country, and fortunes of such
colossal proportions have been accumu-
lated that at least one of the benefciaries,
conscience stricken, perhaps, has been led
TO attempt restitution by the establishment
of public libraries throughout the country.
II is the Democratic idea that the farmers
and labOrers of America shall be allowed to
retain unQer tnelr own COntrOl the moneys
earned with their hands, and as free men
have the poor privilege OF expending II as
their own wants and tastes may dictate.
buying their own libraries from time to
time. not being compelled to trust TO the
generosity Of men who, through class legis-
lation, have been enabled TO grow rich at
their expense
The operation of the Dingley tariff bill
has been such TO alarm the most ardent
protectionists who are interested in the ex-
port trade or the country. This alarm was
voiced by President Mckinley in his last
address. delivered at Buffalo, in these
words:
"A system which provides a mutual ex-
change of commodities is manifestly essen
tial to the continued and healthful growth
Of our export trade. We must not repose
IN fancied security that we can forever sell
everything and buy little nothing If
such thing were possible il would not be
best for us or for those with whom we
Approximately two-thirds of the exports
from this country are agricultural products
and One-third the products of our manu-
factories As a result, when crops fall
there is such a shTinkage in our export
trade that trade balances are greatly re-
duced If not reversed, and our commercial
relations greatly deranged. In the very
nature of things our manufacturing inter-
ests of this country must be largely in
creased and our export trade extended.
The home market is no longer sufficient to
keep our factories running more than nine
months in the year.
The question Of surplus population is up
on us The arabic land of the country is
largely occupied Young men now on 1eav-
ing the farm no longer go West to engage
IN agriculture. The drift is toward the
towns and cities This population must be
taken care of. and our manufacturing
interests are in their infancy they must
be multiplied The markets of the world
are just across the sea. and the demand for
our goods is such that thousands of new
factories could be successfully operated If
but these markets were accessible.
We have at hand the greatest forests and
mines In the world from which to draw our
raw material We have the most intelIi-
gent the most highly skilled workingmen.
We have the best machinery, the highest
character of inventive genius. and for these
reasons can manufacture most articles bet
ter and more cheaply than any other coun-
try.
markets of the world with the products of
our mills and factories?
The answer is suggested in the speech of
Mr.. Mckinley referred TO. We cannot sell
Unless we can buy. Commerce is not one
sided and no commercial nation can pros
per beyond the home market period with
out the aid of the markets of the world.
ARTIFICIAL BARRIERS.
There is only one solution of the problem,
and that is TO strike down the artificial bar
riers and obstacles which have been erected
across the highways OF commerce. and al
low natural laws to prevail. We can no
more encourage foreign trade by maintain
ing obstacles which block its way than we
can encourage trade in our inland cities by
maintaining tollgates on all the highwa VS.
and charging excessive toll to all customers
who desire 10 trade with US
With trade restrictions such as we have
our factories are manufacturing many ar
ticles. shipping them across the sea sell
ing them In European and even Australian
markets at lower prices than they charge
the patient and long suffering American
farmer and mechanic
IL is thus demonstrated that with free
raw materials. thereby TO that extent
cheapening the cost Of manufacture the
American manufacturer, without reducing
the wages OF a single American workman.
can, with his superior product compete IN
anv market on earth with the manufac-
turers OF other countries who are unable
10 produce wares OF such desirable quality
or TO turn them out so rapidly.
The Democratic party stands for trade