The Denison review. [volume] (Denison, Iowa) 1867-current, 1903-09-30


day evening, September 26th, at Des
Moines. His speech, which sounds
the keynote of the campaign, follows:
Mr.. Chairman, Ladies and Gentle
men. | appreciate beyond expression
the generous welcome of this meeting.
Under the influence of it's unbounded
enthusiasm / enter the campaign be-
fore me with new inspiration for the
work am to do and a profounder
faith in the principles l am to main
tain. defer until another occasion
the consideration of matters pertain
ing to state affairs and pass directly
to the issues of national concern.
The Tariff.
1t was obvious for months before the
democratic convention convened that,
in their anxiety to find some plank up
on which they could stand together,
with a measure of harmony, as they
float upon the rather turbulent sea
over which they are sailing, they
would repeat the assault SO often
made upon the protective system OF
import duties established and main
tanned by the republican party. When
the convention came together, i'm
PEELED, assume, by the newborn zeal
for unity, it declared for free trade as
clearly and as unreservedly as it had
formerly declared for free silver. In
order that we may have before us the
precise phraseology employed, l beg
to read the announcement of the con-
vention upon this subject:
LAS the most alarming features OF
"our present conditions are the evils
which come from trusts, and as these
hu 1no ic lott nv
'favoring one class and against another
by transportation privileges and by
monopoly of original sources of sup
ply of natural products, therefore, to
the end that the evils connected with
the growth of trusts may be elimi.
mated, we call for the removal of the
tariff from all trust-made goods, and
I'VE demand that all tariff schedules be
revenue only"
With this challenge before it, the re-
publican convention met, and it gives
me unqualified pleasure to read the
candid statement and glowing eulogy
upon the fundamental economic policy
of the republican party, announced in
our most recent platform:
We reiterate our faith in the his
"toric policy of protection. Under its
influence our country, foremost in the
"bounties Of nature, has become fore
most in production. 1t has enabled
labor to secure good wages, and has
induced capital to engage in produc
'tion with a reasonable hope of fair re
ward. Its vindication is found in the
history of its successes and the rapid
"ity with which our national resources
"have been developed. and we heartily
renew our pledge to maintain it,
There is not a republican in the
State of Iowa whose eye does not
CLEAN with pride and whose heart does
not warm with enthusiasm as he takes
this bold and uncompromising oath OF
allegiance to the party of protection
and the knights of ancient times never
rushed into the lists with higher cour
age than the republicans of 1903 adj
vance to meet the enemy who deny
this triumphant doctrine.
l have used the words free trade
advisedly, because in the terminology
of economics "a tariff for revenue
only" and free trade" are synonym
GUS terms. Although the subject with
which l am dealing is one which has
engaged the attention of the American
people more than any other during the
last century, and although despair OF
adding anything valuable to the litera
ture of the discussion, beg your indul
gence while put the opposing policies
in the plainest possible speech. I'm
port duties, adjusted upon the protec
tive plan, are laid upon those things
which we do or can produce, and they
are so laid to stimulate and foster
their production in our own country
They are so laid with the express de
sign of preventing the free and unlim
tied competition of the producers OF
the world in our markets. They arc
SO laid, believing that the competition
among our own producers will hold
our production to fair American
price and that we can better afford to
pay the fair American price than we
can afford to have our markets monop
olized by foreign productions. The
end sought by the protective system OF
duties is to supply, SO far as possible
every need of our own people with
their own work. Upon the other hand
tariff for revenue is system OF
duties so adjusted as to occasion the
least possible interference with fire.;
comerce and restrict as little as pos
sible the free competition of the world
in our markets. 1t is system
which, primarily, lays it's duties upon
those things which we do not and can
not produce, and if such duties be in
sufficient. secondarily, upon those
things which we do not and cannot
produce in the quantities we need
This is tariff for revenue only and
this is free trade In the presence oil
an audience SO intelligent and so famil
ir with the writings Of political econ
omists, | feel that it would be an i'm
position to sustain my definition of a
tariff for revenue and it's identity with
free trade by reference to the acknowl
edged authorities upon such subjects
If, however, this identity is doubted by
any inquiring democrat, | am quite
ready to show him the avenues leading
to further information. | am inclinee
10 think, however, that when my demo
cratic friends ponder upon the utter
ances of my distinguished opponent
they will not doubt what | say. In q
4 speech delivered by Mr.. Sullivan in
Chicago, shortly after his nomination
he said:
. IN