New-York tribune., 1903-06-03
PROJECTIONS TRIUMPH.
RL4TNE'S POLICY UPHELD
IN American Protectionist' Tie1c of
Imperial Reciprocity.

s7.cssl 70 III. New-Yo-k Tribune BY French Cahle)
Copyright, 1908 By The Tribune Associaaon)
London. June &C. c. Shayne is one represen-
-ative Of American protectionists now in Lon
don VINO cannot conceal his satisfaction over the
tribute which the Prime Minister and Mr. Cham
rerlain have paid TO the economic cause of the
Republican party in the United States. What
an Endorsement Of Blatner' he said to to-
dav a. the Hotel Cecil. What a satisfaction
3; would have been TO Blaine. our great Ameri-
can leader. II he could have lived 10 Eng
land reverting 10 his policy OF defence OF the
home market and taking Up his ideas OF reci-
r-ocity.
M. Chamberlain's new policy" he added,
IS wise step for England It is not only
wise and s5atesnlanlike. but necessary. Eng
land has bcen giving away the home market
100 long- II was high time for her to recon
sider the conditions OF free trade and to pro-
-ect her industries in the interests OF British
commerce and labor Look at the irlportations
of iron and steel manufactures which are
dumped into Liverpool and Hull with export
duties behind them, or look at the products OF
ne Austrian potteries which have cheap labor
behind them and crowd out English wares in
he home market. 1t was time for some great
Enelishulan 20 tell the truth about the destruc-
tive tendencies Of free trade and to raise the
ssnal for revival Of the oldtime principles Of
defence Of home industries
u honor Mr Chamberlain" Mr- shayne
ADDED. and i I were Englishnlan would
ne heartily in favor OF his new policy. 1 be-
rfevs that il will promote the best interests Of
British manufacturers and labor, secure the
home market against German competition.
draw of the population from the factory towns
% the country, and bring about q rise in wages.
Vhy should ! not have faith in Mr. Chamber
lain's proposals. he asked rs he not carry
.ne out the ideas Of Horace Greeley and his
successor which ! have always supported IN
America? Is ne not demonstrating the abso-
lure correctness Of the American position, after
he cause Of protection has been ridiculed and
-e7-iled in England for many years.
AS for America 7 think the protectiontsts
VIII have cornpensatiors even If they lose q
t-ee entry 70 thu British market. Il is at least
= great consola ton 70 have the American eco
ror7lic policy vtndicated by the enemies Of the
system Of protection AIoreover, there can never
f.e another free trade movement in the United
States Mir. Chamberlain has prevented further
attempts by the Democratic party to secure an
abandonment Of the principles which have now
--.unaphed throughout the world With Eng
land -evertizg u protection American adherence
10 the polio, Is inevitable. The Democratic
r=-rv has lost lis chief issue. The Two countries
r-,ar approach each other in the spirit OF
Blaine's reciprocity IDEAS and readjust the con-
6itions Of their trade but . repetition Of Mr.
CTe-eland7s free trade campaign Is impossible.
NJ Shayne expressed regret that Senator
Hanna had allowed any body in Ohio 10 sup
pose for an instant that he was opposed 20 the
nomination Of Nj Roosevelt. It was serious
mistake for SO good politician TO make Mr.
Roosevel-'s reconciliation by acclarnation was IL
able, II Nj. Shayne's judgment Mr.. Cham
f.erlain had helped IL OF, and nothing could pre-
had he he
hind him
II Shay-e VII remain abroad until July 3,
-zv-tng visits % FoIkestone, Scotland and pos
slbly Paris. He entertained at dinner last night
y Clifton AIcCausland, treasurer CT the Car
-egie Steel Company, Mrs. McCausland, Jefer-
son Dunont Thompson. Mrs. Thompson and q
5eW Others y T.