Pine Bluff daily graphic., 1904-06-19

ar.;ec;.sg pr0sDerity-'inr way I"
p.,;>a .,,4, Price OF lsan~nas-ii"t"
ba,.r4 Iannot Be Expected to
Compete with Tropical sunshine
The item. Holm Sharp Williams th2.
new minority leader in congress- is
making his Republican opponents 0:l-
comfortable Whenever he rises to Spc''N,
which is quite often. IN his fattIIhs
speech on cuban reciprocity be said in
part.
..Ierctactfon is a system Of taNation
whereby many NJ f9bb@d IN order that
u feW aea nal he hotl0nsed by iesls-
iatiaa into artificial prosperity rs
supplementary definition protection IS n
st.sIeH] q, taxation Q.legenr capital and
!aaar areze5stt.cs24 from La.lr5ly rgz5
lie pursuits and enterprises into the
4lFaacI~ of naturally uaanoftah3e pllrs
suits ana enterprises, .4f.d a. eoroi-
larry tbe method whereby they arc d.
hee5od IS By =Ta.sztaE'ot ot l
roreta4 tI== cons.saer 559as . thg afttz
.irial hot4ea-ea aatls.a higher
pr5ea thaa #.tA u free commerce the
rot4sauer would have to pay.
Fiat brings aae Aif= Chairman, Is
nay fayorite banana theory. fhere is
not =fn t6e United States, +! sab40s",
hundred aeeeS of laud where bahamas
can be crown in tat open air. and yet
could We1e the c4i%tatiHg body OF this
country or were the car. with ahsor
Lutte power and disposed to make people
pay the price for it. create Il great
American banana industry. , coGld
put tax Of a dollar apiece on bananas
which are now sellips at three for
nickel, aud inside OF five years could
with good custom house service have
created and exploited a vast banana
industry 1t is true that a great many
people who formerly ate bananas could
not buy any bananas at ALL but 1t IS
also true that a great many people who
are plutocrats and aristocrats would
eat them beca Use the common people
dagoes, Jerseymen and Mississippians-
could not
ssIf | continued that system Of taxa
ton in existence for twenty years at
the end of that time there would have
come to the front new generation
that knew not Joseph nor cheap ba
nanas, and the moment sensible peO-
pie came into power with the idea of
revising the banana schedule these gen,
l,n 81 j,' .,I,1 h1] 4
gone into the American banana busi-
ness and perhaps formed n banana
trust would come to the committee
room of the national legislature. knock
ing upon the doors all the time and
giving utterance to cries of unutterable
Woe: Are you going 10 strike down the
great American banana induStry2 Are
you going to reduce the duty from a
dollar apiece on bananas to 80 cents:
We can't stand it. It will ruin us
Are you going TO make the people ell
gagged in banana raising 90 to the soup
houses? Are you going to discriminate
in favor of pauper tropical sunshine
against self respecting American hot
house labororS'
Let us stop a moment and follow
the banana theory a little further be
cause | am fond of bananas What
would have been the result of estab-
fishing that industry? Merely this,
that you would have detected a GER
tain amount of American labor and
| capital engaged in the general hot
house industry into different cham
mel of dollhouse proceedings, and in
| stead of having their hothouses for the
purpose they have them now they
would have converted them into ba-
mana nurseries, and the consumers
would be paying a dollar apiece or per-
haps 90 cents apiece for bananas be-
cause the protected interest would have
to undersell somewhat the foreign mar,
kets
after fifteen or twenty years home
competition would have reduced the
price of bananas in the American mar
ket to, let us say, 40 cents apiece, and
then Republican orators and politicians
would say privately, in newspapers and
on the stump and within these walls
"i' o'N 'ihH''! ''hu "llIloul i tnu-
tual smile: 'Lo and behold. See how
a protective tariff has reduced the
price Of bananas from 30 cents apiece
IN 1850 to 40 cents apiece in 1850, near,
ly 80 per cent decrease in price to the
consumer. Protection did il
''Yes, a reduction from superlative ex-
tortion to comparative eytortion
But in all this pictare keep in mind
one thing while protection lasted ha-
nanas would never reach three tor a
nickel, because if they did That nnal.c
enemy. trol-cal Sunshine, would be
| master.
What would you have accomplished
Would YOU have increased the wages ..
| lahnr2 Nnt q na ri inln Nn1a .,-a1.id ...a....