Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-10-19
made. Continuing to discuss the mat
ter, Mr. Smith said:


ter Mr. Smith said
With the maintenance of protection
there should be an intelligent applica-
ton Of the policy Of reciprocity When
President Mckinley at the Pan-Amer-
lean exposition. proclaimed reciproci-
ty the man. the hour and the policy
met. The man, for the foremost cham
pion OF protection was rightly the fore
most prophet of reciprocity; the hour,
for the full establishment of Ameri-
can manufacturing supremacy is the
time for commercial advance into the
world; the policy for NUT xchange
on lines of mutual interest the true
pathway of the onward 2 l.. Reci-
proeity is the corollary otection-
1t Is not a departure, bl : develop
ment it is not an incor : ncy, but
q sequence: it is not - addiction,
! but a conclusion and cub a don.
| President Roosevelt, lis great
message, said 'reciproci' = must be
treated as the handmade 81 f protec-
ton 1t is that and M 8 han that.
1t is the offspring and h, :: sc of pro-
lection. If you did not protect. you
would have nothing but natural pro-
ducts to send out. If you did not pro-
tect, you would have no means for reel
Iprocal terms. Lord Salisbury con-
fessed the truth, when he said: We
| live in an age of a war of tariffs Ev-
| cry nation is trying how 1t can by
agreement with it's neighbor get the
greatest possible protection for It's own
| industries, and at the same time the
greatest possible access to the markets
| OF it's neighbor. The weapon with
which they all fight is admission to
their own markets'--that is. admis-
sion on reciprocal conditions. Then
he frankly said: But we In England
begin by saying that we will levy no
duties on anybody, and we declare that
lit would be disloyal to the glorious
and sacred doctrine Of free trade to
levy duty on anybody for the sake of
what we may get by IT. And these
were his final significant words: Tt may
be noble, but it is not business"
Lord Salisbury was right. 1t is
not business, and. it is the duty of gov
ernment on honorable lines to make
business for the people with whose
interests and welfare it is charged"
Concluding this branch of his sub
ject the able editor of the Philadelphia
Press said:
And so protection and reciprocity
go hand in hand Protection builds
up our industry and secures our own
market for our own products; recipro-
city seeks outlets for the surplus. Pro-
ter on creates the arsenal which
foyges the weapons of trade, and reci-
procity weilds these weapons in the
most effective manner in controlling
foreign exchanges.
Reciprocity does not mean the sac
rifice of one industry in order to help
another; 1t does not mean the loss
of the greater domestic market in the
hope of gaining the less foreign mar
kef. President Mckinley safegur rded
fit when at Buffalo he advocated SEN
sible trade arrangements which VIII
not interfere with our home produc
ton This is the toucn- stone. With
this qualification reciprocity is wise; it
tial, looking both to progressive public
sentiment and to trade requirements
for the future.
1T does not involve immediate en-
trance upon a general tariff revision
which would be disturbing and unfor-
tunate. 1t only requires an intelligent
acceptance of the policy, and the adap-
tation of existing legislation by some
general provisions. This Is not the
time or the place to discuss details,
/ can only suggest a few general
thoughts. We can wisely make one
set of terms with the tropics, and an
other within our own parallels of lati-
tude We have made coffee free. We
do not need the revenue. But in CIV
ing it free admission, why should we
not have required concessions in re-
turn? This is only an example of other
things. We might well draw circle
around this American hemisphere, and
put it on special and peculiarly ia
vorable basis. When it comes to the
great nations that produce along the
same lines as ourselves, might we not
fix a minimum and a maximum? The
nation that discriminates against US
and gives us no advantage should have
the maximum; the nation that meets us
as literally as any other should have
the minimum.
There is another variation of this
method. The president might be vested
with authority to make a reduction
or remission of duties within limits
and on prescribed conditions Con-
gress would not abdicate it's control.
as 1t ought not to do; 1t would de-
termine the limitations and the con-
ditions as it ought to do; but it would
arm the president with the power to
deal with exigencies. We need more
flexibility in our system. Situations
change and conditions vary There
should be authority to make adjust
ments suited to the modified circum-
stances. Let congress define the rates
and restrictions. and then, within these
restrictions let the president, as the
executive always on guard Of the will
of the congress, and of the nation. have
power to deal with the changing de-
mands of trade, or with the sometimes
sudden emergencies Of friendly or un-
friendly action