Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1903-03-26

to do so under reciprocal trades, and these
trades will involve not only non competl-
tive, but competitive articles. The whole
subject of our laws relating to this general
subject, whether they be treaties imposing
duties upon imports, or whether they he
treaties affecting the interchange of bust
ness. are, and must be, directed to accom-
plfsh Just one purpose--that is to increase
American production to the highest pos
sibie point and thereby give to the work.
ingmen and workingwomen of the country
the greatest possible amount of work and
to employ the greatest possible amount Of
capital
Therefore when a reciprocal treaty can
be negotiated which will give us a better
Sh!ch. ii 1t does take away any Of our
home '4arket. will take away less than we
acquire | favor such a treaty. l think the
aSts, On OK the reciprocal treaties under
Tia" Iceland administration was one
OF tna most atrocious crimes ever commit.
ted by the democratic party, and l do not
want to see the republican party convicted
OF The same ofense We should understand
oacc Tor all that We must give as we'll as
tahc when we make bargain with for.
eign nation. Our care must simply be that
The bargain Is good one for us, that IL
VIII increase our production and give to
our men and women more work at good
wages The time is ripe for such treaties.
We ought to do fve-fold more business at
this moment with the Central and South
American countries than we are doing. and
firmly believe that reciprocal treaties, fol.
lowing the line marked out by Blaine and
Mckinley must be secured before we obtain
our rightful share in those markets
believe that reciprocal treaty can be
made wIta Canada which will very greatly
Increase the business of the United States,
and which will prevent the gradual trans
fer of American enterprises to Canadian
| soil. ] believe that a treaty can be made
with France and possibly one with Ger
| many that will admit ut least our asrieul-
tural products into these countries upon
| the same terms which producers Of other
nations receive. | believe that these trea-
of the law Of the land now were 1t not for
the insane fear that opposes any change In
the tariff schedules.
One more suggestion and l shall have
finished have heard some criticism re-
! speeding that clause In our platform Of
last year which declares that we favor any
modification Of the tariff schedules neces-
sary to prevent their affording a shelter to
monopoly. II ought to he true--whether
| 1t Is or not leave to your Judgment that
| the democra should have a monopoly at
| least of the perversisn and misconstruction
| of this phrase In the platform. In my
| opinion 1t declares fundamental truth In
| political and industrial economy. 1t does
| not contain the suggestion even that the
tarin Is In any wise responsible for Il ex
| istence of the evil of those large corpora
| lions which are in this day commonly call
| ed trusts" 1t Is unfortunate that some
more apt and definite word has not been
| employed to describe these corporations.
| That there has been u tendency in recent
| years towards consolidation and concentra.
| ton, must be admitted by every thoughtful
| observer of affairs l desire to be abso-
lutely candid upon this subject, and ! say
| frankly that In my opiaion the tendency
itself toward larger corporations cannot be
destroyed by raw nor am | prepared 10 say
| that IL ought to be destroyed. II Is a part
| Of the developm .nt of the time and com.
mercial civilization, like moral civilization.
| Is moved by forces so tremendous and ire
| sistible that 1t Is futile to attempt to gov.
| era or control them by statute. Accom-
| panying this concentration there are mani
| fest evils and vicious Incidents which can
be eliminate ted, and which must be eliminat.
| ed. The initial and fundamental vice Of
| the modern combination Is over-capitaliza-
| ton, and this Is within the reach Of govern.
ment, and l doubt not Will be corrected.
| say here, as l have said many times befor.:,
that the laws, so far as they affect the So
called trusts" should be positive and d.
| rect, and l again record my belief that tho
modification of the tarih schedules Is not
| the remedy for whatever evils these vast
concentrations, as mere corporations cor
| tain
| The republican party, under the guidance
| of that resoluts and courageous spirit,
| Theodore Roosevelt, has taken up this work,
| and while 1t is difficult and while we must
not expect that we win Immediately a>
| compish every reform that Is necessary, In
the end we will solve this problem In tbs
| same intelligent, patriotic way we have
| solved every other which the process OF
| time has created. That part of the plat
| form to which | have referred does not re-
| late to that ceaseiess and persistent regu-
| latlon which must be directed to these cor
porations. | wish, however, to emphasize
| the distinction between these corporations
| as such, and the condition of monopoly In
any industrial product, whether establish
ed by an individual, co-partnsrship or a
| trust.
Monopoly is intolerabe. and not more in
| tolerable than 1t is unnecessary. 1t has
| been during the history OF the civilized
| world a crime when maintained without
| the authority of the government
Competition is, as I believe, essential to
| the prosperity Of the country and the per.
| manence and safety of its business, and
| whatever power the government has,
should be exercised to preserve and main
| tain 1t. l have been much criticised for
| using, at one tins, the expression that the
| consumer Is better entitled to competition
| than the producer Is to protection. These
words were not lightly used, and ! repeat
! them.
The superficial critic says that we are
| all producers and all consumers, and that
| the country cannot be divided into two
classes. Let me suggest, however, that
| when monopoly comes there is Just one pro-
| Queer of the article, and all who use II are
consumers, and what l said, and what /
repeat that when such a situation Is pre-
| scented the consumers of that one article are
| producer Is to protection. Fortunately, there
| have been few instances In which a mo
| nopoly has been successfully established and
| maintained But there is a tendency in
| that direction. There Is a constant effort
upon the part of the ambitious spirits in
| some fields of commerce to establish and
maintain monopolies and IL | understand
| our platform, It is to be applied to that
| condition and to those men, and II declares
| that II, notwlthstandI & all other efforts
| that are made by the government to pre-
| serve competition. a monopoly Is planted in
our midst, that then whoever maintains 1t
| Is not entitled to the benefits of protective
duties, nor indeed to the benefits of any
| law passed to encourage lawful industry.
You can be sure that with this policy
! firmly implanted in the government, no
Il monopoly unless he or they could sue
cessfully hold the home market against
| the competition of the world, and the sug-
sestion Of our platform simply inficts a
| penalty upon the unlawful endeayor which
would not be incurred unless II became
profitable to do so.
must not longer occupy your time. The
subjects | have endeavored to compress
within the limits of my address demand
for their full discussion Il latitude In which
I cannot upon this occasion indulge.
may, however, be permitted to say that the
future of the republican party is as bright
as it's past has been glorious. Do not for
| moment doubt that 1t will lay hold or all
these problems which the complexities and
intricacies OF modern life have propounded
and that In the fullness Of time Ii will
solve them to the honor Of the nation and
to the welfare Of all the people
~I~~I~-~-~~~~~~~~~S~S~~~
When 1t comes to matter OF dress,
men employed in abattoirs always
wear killing costumes. -.
Patient-"But, doctor, only last
week you said,I would surely die, and
today you see / am as well as | ever
was" Doctor-"Sir, / never make a
mistake in a diagnosis. Your ultimate
lemise Is only a matter of time"