New-York tribune., 1903-04-04

Republican tariff revision has never disturbed
business in history. Business is only dis
turbed by tariff revision when the Democratic
free trade idea is to be put into effect"
"Wil the pledge you speak Of be carried out?'
Z can only say that it ought TO be carried
out 1t ought TO have been carried out at the
last session of Congress This was the earnest
desire of President Roosevelt. But it was
blocked by the solid opposition of eighteen Re
publican Senators. who declared positively that
nothing should be done. These Senators are
still holding their seats"
What will be the result politically, if nothing
is dOne?"
AT the last Congress election the Republican
party lost practically every city district in the
country The generally accepted explanation
vas that the price accommodates had gone up
that the CITY man was the salared man, and his
wage had not kept pace with the cost OF hNlns'
In the country that condition did not prevail
But imagine what would happen If the Ameri-
can cereal crop should fail. If the European
cereal crop should be unusually large. TINS
city condition would then be practically uni
versaI.
THINKS SCHEDULES FOSTER MONOPOLY.
The Republican party should lay the founda-
tion for its future perpetuatton while the couh-
try is prosperous. It should abide strictly oy
its fundamental principle of protection. THIS
means that if it costs 81 to manufacture an
article abroad and 81 - to manufacture that
same article in The United States, the tariff on
that article should be - cents Inc nlhui"
the tariff exceeds the difference in cost of manu-
faCture between the two countries. thdt minute
IL fosters monopoly The iron and steel INDUSTRY
is the great example Of this fact Heavy cdSt-
ings in steel and iron gan be produced IN IIe
United States for less money than in any coun-
try in the world. yet there is tdrin OF nearly
SS a ton on these same products. This means
that the American consumer Of steel is required
70 nav to the American manufacturer of steel
at least 81 on each ton purchased In the agsre
gate this amounts to over SSophfo year.
The glass industry presents another example
on the same line. A few years ago you could
buy box of glass for something Ike ~ cents
To-day il costs in the neighborhood or So oo
when conditions change TO the extent OF fos-
tering such conditions these, 1t is the part
OF political wisdom and patriotism to chanse
tbase nartieular tariff schedules When the true
principle of protection is maintained. the Couli-
trv will be prosperous. This has peen lemon
strated over and over again The evil OF over
nrotection however, must be recognized as an
evil and should be corrected.
II venture to say that 50 per cent o; the
people of this country are protectlonists' Inc!
do not want the tariff placed below the point oi
protection but they do want 1t maintained PIE pr.
cisely at the point OF pr2tecti4h on ran,lfacturer
a profit over the foreign made article then Is
where the monopoly gets its foundation laHo
aU.ay the overprotection and you do away win
the monopoly.
NO FREE TRADE REVISION.
Undoubtedly the tariff and the trusts ara 10
ha made the issues by the Democratic party
democratic revision of the tariff means a re-
vision for free trade. The issue Is sharplS
drawn between such a revision and revision
nv Republicans on the basis OF protection D@I--
o|Cratic revision would demoraze and paralyze
the business OF the country ana Woulu De iios'
disastrous Republican revision would ho' nav
this effect. and il ought not TO De oeIdy y, -
Representative Rabcock has just fetuIlieq 81 ~ 70
Washington after a visit TO the North"esI aio It =
the adjourn n1ent of Congress, ana ms aiss
of the sentiment OF that section is that tai III
action should be taken at once. In the dehhl
tion of the exten. TO which such revision shou'd
90 he Is positive in his statement thdt not a
single schedule should he disturbed WHICH 10
naedfd to protect American labor
.Our great trouble is, he continued, that
,,,a have men In Congress who represent spe-
,aI interests They view the situation from
~ standpoint of the good of those industries
and when there is a large profit being naae IN
.soss lines through the operation or any par
tt,rar tariff schedule which changing condl-
lions may have made possible they stana I,aiaa
souarely in the way of changing those scheuuiTs ,
even though the sood d 'he VIM
demands IT.