Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1902-08-06
Extracts From the Notable Speech
Of Senator Gallinger Delivered
In the Senate.
ERA OF GREAT DEVELOPMENT
Facts and Figures Showing the I'm.
mense Strides Made Under the
Protective Tariff.

Mr.. President: In less than a
month the Dingley tariff law will have
been in operation five years. II has
been for the United States a half de.
cade of the most substantial and mar
velous accomplishment in all branches
OF human endeavor ever known in the
history of not only our own country
but of the whole world
Two years ago laid before the sen.
ate resume of the calamity and mis-.
cry caused by the Wilson, German tar
in law and the wonderful recovery
we enjoyed under the first years of
the Dingley law, which took its place.
| now propose to call attention to a
more complete result of this tariff in
the principal avenues of finance and
commerce.
In every way the Dingley tariff law
has been an unqualified success and
has more than vindicated the wisdom
of its trainers. President Mckinley
within few hours after his first in.
auguration called an extra session of
congress. and in his message referring
to the need Of a new tariff law he
said:
Congress should promptly correct
the existing condition. Ample rev.
enues must be supplied not only for
the ordinary expenses of the govern
ment, but for the prompt payment Of
liberal pensions and the liquidation
of the principal and interest of the
public debt. In raising revenue. du-
ties should be so levied upon foreign
products as to preserve the home mar
ket as far as possible to our own pro-
ducers; to revive and increase man.
utactures: TO relieve and encourage
agriculture; to increase our domestic
and foreign commerce; to aid and
develop mining and building, and to
render to labor in every field of use
full occupation the liberal wages and
adequate rewards to which skill and
industry are justly entitled"
On the same day in which this mes
sage was read Mr.. Dingley. the Chair
man of the Ways and Means Com
mittee. introduced the new tariff bill.
II passed the House March 81. II
passed the senate in an amended
form on July Z. and on July "a the
bill. as agreed to by the conference
committee, was signed by the presi-
dent. 1t is probable that no act of
William McKinley's life gave him
more satisfaction than .ne signing of
this measure.
During these five years we have
waged and won a war with a foreign
nation. we have had strikes involving
hundreds of thousands of men, and
we have had partial failures In sever
al staple crops. and yet we have had
the most prosperous era In our his
tory, and today our commercial stand
ing as a nation excites the wonder
of the civilized world.
Revenue.
Let me first call attention to our
revenue during the past five years
as compared to our revenues under
the Wilson, German law. II will be
remembered that we had an annual
deficit during those low tariff years,
and President Cleveland during a
time of peace sold bonds to the
amount of 1862 100000, which, with
interest to the time of maturity, will
cost the country half billion dol
lars.
The following table will show the
revenue under the Dingley law as
compared with that Of the Wilson
German law: