Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-04-01
SHAW ON TIE TARIFF
Secretary Of the Treasury Sees
Little Chance to Reduce
Schedules
MANY DlFFucuLTlEs IN WAY

Schedules-Think it is Not Necessary
in Order ~ Control the Mon
opolies.
Peoria, Ills, April 1.-THE seventh
annual banquet of the Kickapoo club
took place in the Coliseum in this city
tonight. Covers were laid for $50
guests. The decorations were Very Ella
borate and the list of speakers included
Hon. Leslie NJ Shaw, secretary of the
treasury, and Hon. Charles Emory
Smith of Philadelphia. Commissioners
General Frank p. Sargent was also
present. Governor Yates and Con-
gresham Watson of Indiana We're ex-
pected but sent their regrets. A tele-
gram of congratulation was received
from Col Frederick HI. Smith, former
president of the club, and member of
Governor Yates staff from Yokohama.
Japan.
A large oil painting OF President
Roosevelt Illuminated by incandescent
lights, caused a spontaneous outburst
of applause which lasted for several
minutes. Both Secretary Shaw and
Mr.. Smith We're given ovations. The
program was as follows:
Invocation, Bishop John Lancaster
Spaldfng, Peoria.
Address. THE Republican Party,
Hon. Leslie M. Shaw, Washington.
Address, Lincoln and Illinois,
Bishop Samuel Fallows, Chicago.
Address, Cur Republic. the Worlds
Peacemaker," Hon. Charles Emory
Smith. Philadelphia.
Address, Steps to Advance Our
Trade" Congressman John j. Esch,
Wisconsin.
Secretary S'haw's address was mas
terly history of the republican party
from its inception. He spoke in part
as follows:
That the republican party is always
willing and ever ready to amend. to
revise and adjust tariff schedules, to
changed conditions whenever the bene-
fits to be derived from the change will
justify the inevitable check to indust-
rial enterprises incident 10 months OF
agitation, need scarcely be asserted.
But il congress were to revise tarin
schedules whenever defects can be
found, there would be scant time for
other legislation. No party has ever
in revising single schedules.
No II Eyt, kay, t,a
entire tariff has to he readjusted, ard
with final results that no man dare
predict The Wilson German act of
1894 was passed in obedience to a mes
sage submitted in absolute harmony
with the democratic platform of 1892:
but when it was ready to be signed,
he who Wrote the message refused his
signature with the declaration that the
law was full of ''perfidity and dishon-
or" The Mckinley bill of 1890. and the
Dingley bill of 1897. contained many
compromises. The lamented Thomas
b. Reed used to say, 'eAn unpassed
tariff law suits every deestrict." But
there is very little legislation that is
not the result of compromises by both
it's friends and It's foes.
The democratic demand for a revision
of the tariff as a remedy for nlonopo-
lies Is not new invention or a recent
discovery. Bills, amendments to bills,
and resolutions embodying this thought
have been offered almost without num-
Dor, certainly by the score, by demo-
Gratis standing high and democrats
standing low in the councils of their
party.
\,
with many others. The all important
question, whether a given industry is
controlled by a monopoly, must needs
be established before the proposed rem
edy can be applied. The present pro-
hibitory law against trusts has gener-
ally been found adequate whenever
the evidence attainable has been found
sufficient te, establish the ultimate fact.
Recent legislation does not provide
new remedies so much as new methods
of discovering and establishing facts.
and expediting judicial investigations.
The Sherman law contains quite dras-
tic provisions applicable to both per-
sons and corporations, when once pro-
ven to have combined or to have con-
spired to combine, for the purpose of
monopolizing a business or a trade
privilege l would like to have our
democratic friends who are advocat-
ing this remedy-and they are many
including Senator Vest of Missouri.
Morgan Of Alabama, Richardson of
Tennessee, Shepherd of New York, and
a hundred others-explain whether
they would remove protection tempo
rarily or permanently from monopoly
produced goods. Shall the protection
be removed until the alleged monopoly
goes into bankruptcy, and then be re-
stored, or shall it be removed perman-
emily, and our industries thus, one by
one, turned over to foreign competitors?
And If the removal of protection is to
be temporary, who is to say when it
shall be restored? Ii in point of fact
the iron. the steel. the glass or any
other industry has been monopolzed,
and if the producers are now robbing
the American people by cxorbitant
prices, and if no one dare build fact
cries in competition with the octopi,
will American courage be excited by
the removal of the tariff so as to invite
these products from abroad? 1t seems
to me, but l may be wrong, that Amerl-
can enterprise would be quite as likely
to build factories and compete in the
American market under protection as:
know of steel plants, glass factories
and paper mills not only projected but
actually in process of construction.
This remedy seems to me as address,
ed to these who are supposed to he