The Teton peak. [volume] (St. Anthony, Idaho) 1899-1904, 1904-10-20

honor among the producers, people or
states of the United States. 1t en-
ploys thousands of men and repre-
sents millions of wealth that goes to
the people of Idaho We pay out in
labor in that country enough wages
in a year to buy the Democratic par
ty. (Applause.) The lumber mills
of Idaho-you don't see much of them
down here-but they represent invest
ments of millions of dollars and the
employment of thousands and thouS-
ands of men. That is n source of vast
wealth to the state of Idaho. Why, In
1896, when we went to the polls, ev",y
mill from Puget Sound to the Mis-
souri, river was closed. They could
not compete with the lumbermen OF
Canada who employed Japanese and
Chinese to cut their logs and bring
them to the mills and run them
through their mills; they couldn't
compete with them except for the
beneficent Republican protection aid
ing them.
Question Of Protection.
To this younger generation who do
not know it, it may be profitable to
talk few moments on the question
of protection, the older ones before
me know it and remember It from ex-
perience. Why. in 1892, when this
country was admitted by both ma
tonal conventions to be more pros
persons than it ever had been before,
and when the Republican party told
the people from one end of the land to
the other that if they changed the
policy of the government and turned
down the protective tariff policy of
the Republican party, blight would
come upon you, they said: mo. We
are SO strong, so firmly established
that no change of principle, no change
of policy can affect the prosperity OF
this great American people," and it
looked that way. But there were
enough young voters in the country
then who had been born, grown up
and became voters since the Demo-
cratic party went out of power to be
fooled into that belief, and it was
the young voters who voted the Re-
publican party out OF power In 1892
and voted. protection OUT Of power and
substituted the Wilson bill for the
Mckinley bill. What was the result :?
Business men know that in order to
prosper you must sake in more than
you pay out. The same rule apples
to the general government. II you
don't sell more than you buy you
face poverty-if you don't take In
more than you pay out your Golfers
will run dry; business men know that.
But when that election came out in
1892 and 1t was known that congress
and the executive branch of the gov
eminent were 70 be turned over to
the free-traders, those who had
money surrounded it with safeguards
that would provide against long
siege Of adversely in business. There
was no less money in the world
the money wasn't melted up OF burned
up, 1t was here in the country, but the
men who had 1t kept 1t and II was
withdrawn from enterprise and bust
ness industry. Now, this young gen.
GRAFTON who had pulled down the pill
lars of the temple upon themselves.
began to realize that politics meant
something more than torch light pro-
cessions and speech making. They
began to realize that politics came
close to them, Notwithstanding the
fact that they had lived perhaps their
entire lives up to that time without
ever considering the difference be-
tween the policies Of the different
political parties; but when it was
brought home to them and they were
made to understand that In order to
have a prosperous self-government
they must take part in It, that they
must first understand what 1t meant
comprehend its principles and per-
FORM their duty as citizens, and when
tney were awakened up to this fact
IN the midst of their adversely and
poverty, they redeemed themselves
ana voted the Republican party back
into power and the Dingley tariff bill
was passed, the wheels began to turn.
money came out Of hiding, men were
ready to meet other men in husineas
marts and to do business, and the
nrst thing they knew money was in
circulation. The product Of our coun-
Try IN excess of that which we needed
Tor nome use was sent to foreign
and 1t brought back gold.
me excess of our product Is our
'ioHe. mat which we buy and sell
'mong ourselves and consume at
nome, considering the nation as one
'amily. adds nothing to the wealth of
the people. 1t is the margin which
We sell. Why, they are going up and
Town the land and they will have
'harts before you to show you how
much cheaper you can buy sewing
machine In London or South America
lhan you can here in your own mar
Set. That sewing machine is the
surplus, just the same as you will sell
me surplus potatoes you have in YOUR
DIN when you have used all YOU want
yourselves. They will tell you that Won
can buy railroad iron and steel
cheaper in Mexico than you can here.
'ney can't buy any in these countries
1ntil we get all we want at home
mere is no surplus until our peon,e
are provided for. That surplus rem
resents the balance of trade in orr
iaVor. We sell foreign countries
more than we buy of Them we raise
an we want in this country and sell
the excess In foreign markets, and
the difference between what we buv
ana what we sell Is the balance of
trade. Why, do you know thai in al
the years from the inauguration of