Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1903-08-27
TARIFF REVISION
IOWA IDEA THE OUTCROWTH OF
MCKINLEY'S OPINION.
The Late President Was Satisfied That Work
Of High Tariff Duties Was Completed.
The Time Has Arrived to Cease FOSTERING
Giant MonopoIies and Expand Foreign
Trade.

F. 0. Schuster, a governor Of the Union
Bank Of London, is reported to have said
in a speech delivered in London. July 20,
that he chad private interview with
the late President Mckinley two years
ago" and that on that occasion Mr.. Nc.
Kinley said: "My tariff bill has done
it's work. We have been able to build
up many great industries in short time
and now gradually, but inevitably. our
tariff must be reduced"
Mr.. Schuster is man OF good reputa.
tion and those who know him do not
doubt that, substantially, he quoted the
former president correctly. But if one
requires corroborative testimony it may
be found in the last speech delivered by
President Mckinley at Buffalo, Septem-
bsf s, 1901. On that occasion Mr..
Mckinley said:
"Welmust not repose in fancied secur.
ity that We can forever sell every thing
and buy little or nothing. II such
thing we're possible it would not be best
for us or for those with whom We deal.
We should take from our customers such
OF their products as We can use without
harm to our industries and labor. Reel
procity is the natural outgrowth OF our
wonderful industrial development under
the domestic policy now firmly estab-
lished. What we produce beyond our
domestic consumption must have vent
abroad. The excess must be relieved
through foreign outlet end VIC should
sell everywhere We can and buy wherever
the buying viii enlarge our sales and
production and thereby make greater
demand for home labor. The period Of
exclusiveness is past. The expansion Of
our trade and commerce is the pressing
problem. Commercial wars are unprofit-
able. A policy OF good will and friendly
trade relations will prevent reprisals.
Reciprocity treaties arc in harmony with
the spirit of the times; measures OF re.
taiation are not. Ii, perchance, some Of
our tariffs are no longer needed for reve-
nue. or to encourage and protect our in.
dustres at home, why should they not
be employed to extend and protect our
markets abroad?"
In response to the ser timents expressed
by Mr.. Mckinley at Buffalo, and in line
with an intelligent recognition Of the
necessities Of the times, there developed
within the republican party very strong
sentiment in favor OF tariff revision. In
the state of Iowa this sentiment took
formidable shape and was represented
| by the so.called "Iowa idea" The
"Iowa idea" was the term by which was
designated the plank in the platform
adopted by the Iowa republicans for the
years 1901 and 1902 as follows: "We
favor the modification OF any tariff
schedules that may be required to pre-.
vent their aifording shelter to any
monopoly"
Although republican leaders profess to
be devoted to Mr.. McKinley's principles
and invoke Mr.. McKinley's memory
whenever they find it convenient to do SO
IN providing defense for some Of their
schemes. republican leaders very gener.
ally have caused it to be made known
that there will be no revision Of the tariff.
In line with this disposition, there has
grown up in the republican party body
known as the "stand patters," and at
this writing it seems that on that p.opo-
sition there is no difference among re.
publican leaders although, to be sure,
among the rank and file OF the party
there are many, and perhaps they are in
the majority, who really believe in a
revision Of the tariff.
But the republican party is not ma
jority party. While protesting to ref ct
the public sentiment, its policies are
adopted by small coterie of men. While
claiming Abraham Lincoln as the party
patron saint, republican leaders repudi-
ate Lincoln's teachings and while insist
ing that they are but adhering to the
teachings of William Mckinley, and
pointing to him as a model OF all that a
statesman should be, they have turned
their backs upon Mr.. McKinley's last
speech, have repudated his counsel and
now insist that however unjust the tariff
schedules may be, however much shelter
those schedules may provide to the trusts,
there will be no revision and that the
republican party is vulnerable in its
purpose to protect special interests.
Long ago the republican party ceased
to be, on every proposition, the party OF
Abraham Lincoln and there are reasons,
at this time, for believing that the party
leaders are determined to ignore the
counsel offered by William Mckinley in
the last ard perhaps the greatest speech
ever delivered by that gentleman.