The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1903-10-08
CHAMBERLAIN HAS NO FEAR
HAS RISKED HIS POLITICAL
LIFE BEFORE.
Trusts tho People in tho Matter OF
Fiscal Reform and Does Fzot worry
About the Personal ResuIt-speaks In
Grsenool, sootland- Warning Against
American InvasIonl.

American Invasion. @S
London, Oct. Continuing his fiscal
campaign Mr.. Chamberlain tonight
addressed a meeting OF 1000 persons in
the town hall of Greenock, Scotland. He
dealt particularly with the question of
retaliation and reciprocity.
The late colonial secretary said that
he was free trader and wanted to live
harmoniously with his neighbors, but
he desired cree exchange with all ma
tions If they would not exchange he
was not a free trader at any price.
He respected our American cousins"
had considerable respect for the Ger
mans and great respect and greater
friendship for the French. The policy
of these nations was to use tariffs to
ease the home trade and exclude for
eign trade, while under the present sys-
tenn in the United Kingdom trade was
steadily decreasing.
Mr.. chamberlain asked why all pro-.
tective nations prospered more than the
United Kingdom.
Replying to the newspaper criticisms
that he selected 1872, the greatest boom.
year Of British trade, as the basis Of
mis- statistics, the speaker admitted
that the first twenty-five years of Cob
denis free trade was a fiourishing pc
riod and free. trade was then probably
best for the country. But he was will
ing to take any period during the last
thirty years to illustrate his arguments.
Asking why the foreign protective
countries, even small nations like Swe-
den, had all prospered. he said that he
believed they were better strategists
than the British. Their policy as enun-
ciated by the late President Mckinley
and by the greatest Of Americans long
before, namely. Lincoln, by Bismorck
and other distinguished statesmen, had
a great deal behind IT. He continued:
II say that you are inconsistent. You
are adopting suicidal course II you
persist in the present policy your work.
men must either take lower wages or
lose thir work, !,
Mr. Chamberlain proceeded to refer
| TO the enormous output of the United
States Steel Corporation works and the
diminishing home demand in the United
States for steeLmoving to the financial
difficulties, the reduction in railway
construction, etc. He quoted from an
American paoer an interview with a
director of the Steel Corporation on the
falling demand in which the director
| declared that they had no intention OF
diminishing the output and throwing
out OF employment thousands Of Amer
| lean workmen. Instead they would in-
wade foreign n ma
Mr.. Chamberlain contended that this
steel would be sent to Great Britain, the
only safe market, and he said:
IT warn you that within two or three
years you will have dumped here TO-
| 100000 tons of American iron and thou
sands of British workmen will lose en-
ployment for the sole benefit of Ameri-
can manufacturers and American work
men. sympathize with American
workmen but after all belong to Eng
land and am not cosmopolitan enough
4 " see itlC ttdkJpiAtG6S $eiihh PiOSROAlIy W
4 American worknaen secured by the
4 starvation and misery Of the British"
/ Concluding his general re-statement
| the speaker said that agriculture In
Great Britain was practically destroyed,
the sugar trade was gone, the silk trade
was gone. the iron and wool industries
were threatened and the same fate
would come to the cotton trade. He
/ continued. How long are you going to
stand It? England is not afraid of for
| eign countries. She is the greatest
market in the world, and foreign coun-
4 tries are her best customers"
I In conclusion MIR. Chamberlain said
that he trusted the people in this mat
ter. He had been told that he was risk
ing his political life, but he had risked
it before and he had no fear Of the
personal result.
Id