Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1904-05-21
SCORES FREE TRADE
SECRETARY SHAW MAKES RING.
ING SPEECH AT DIES MONIES
BANQUET.
Major John F. Lacey Also Talks -
Judge Walter !. Smith of Council
Bluffs Made Address = Hepburn
Unable to Take Part in Program.

LES MONIES, May ~ Secretary
Shaw in his speech before the Polk
County Republican club Tuesday night
devoted his theme principally to the
condemnation of Canadian reciprocity
pronouncing it ''unmitigated rot" His
speech in addition to Canadian reel.
procity treated on the support of the
home market. He was one of three
speakers before the club, Judge wal
ter !. Smith and Congressman Lacey
being the others Congressman Hen
burn being unable to attend on account
Of illness.
Secretary Shaw said in part:
So much is being said just now about
the Importance Of the foreign market
that desire to speak at this time Of
the Importance of the home market, and
to DEFEND the republican policy MS the
creator of this home market, and to show
the Importance of continuing the repub.
lean party in power as the protector of
the home market.
The productive capacity of the Amerf-
can people. without counting Implications,
is about Sill 900, 100000 per annum. This
does not include both corn and the fat cat
tie, but does include both corn and the In
creased value of cattle caused by feeding.
III does not include raw cotton and manu-
factured cotton, but does include raw cot
ton anu the increased value thereof pro-
duced at the factory. OF this net product
CSll 600 1000 we export in round num-
hers Sl,5o0OOO.000, ana we import In round
numbers $1,000,O00O0O. We therefore con-
sumo SlO,0OO,0O0,000 per annum. There Is
no other such market on the earth as that
market which has been built by and is now
dependent upon the protective tariff.
he American Farm.
NJ oil Tl,nl net ,x,n
the output of the American farm at a little
less than $4.0oO,000,000, and the gross pro-
duct OF our manufactures Mt S13, 900 OOO, 900.
Where do these factories get their raw
material from which they produce $4,000
100000 in finished products? The census
shows that they get so per cent of 1t from
the American farm. Where does the
American farmer sell his $4,000, 600. 600 Of
farm products? The census shows that he
sells more than onehnlf of 1t to the Amer-
can manufacturer, and in addition, he feeds
100000 operatives in the factories. Our
internal: commerce Is estimated at 500, 000,-
100000, an amount in excess of the export
trade of every country on the map plus the
import trade of the world
The Democratic View.
Our democratic friends have ever denied
the wisdom OF developing this home mar
ket They have always claimed 1t was
taxing the many In the interest Of the few,
and therefore inherently wrong. and they
have even gone so far as to declare it un-
constitutional. They are now disposed to
concede that 1t has hitherto been wise, but
they quote the argumehtsto the fathers to
show that it ought not to beicontinued now
that our Industries are established. They
seek to make sport of the. steel industry,
for instance, by referring to it ms an "in-
FAINT Industry" and they insist that 1t
should no longer be protected.
Rates Not Sacred
Do not misunderstood me. am not urg-
ing that the existing iron and steel sched-
ule should be continued indefinitely. but
do insist that to remove the tariff alto
gethcr would permit European producers
of iron and steel In every time Of financial
depression to unload their surplus in this
country and lead to the closing of every
factory. the extingulshinent of every fur
mace, and this III turn would result in the
discharge of more than half million oper-
atives. If freight rates were as high as
they We're when Daniel Webster and Hen
ry Clay made their famous speeches in be-
half of protection, tariff rates on the pro-
ducts of well established Industries could
be made much lower than would be safe
under existing nominal freight rates.
Lacey on Roosevelt.
Congressman Hepburn was indisposed
and was unable to appear for his speech,
mlttee meeting AS n substitute Congress-
man Lacey was called upon for an i'm
promptu speech.
1T doesn't seem to be treating you fair
he began. They promised YOU Hepburn,
and then Allison, and now they've drawn
from the deck"
Well stand pat on this draw. Major"
shouted someone In the rear ranks.
Mr. Lacey. in forecasting the certainty
OF President Rooseyelts nomination, con
tributed an Endorsement Of the IIltt boom
for the vice presidency and complimentetl
Shaw on originating 1t. He turned his at
tention to the enemy and asked. who is
to be the democratic nominee. anyway
Bryan came the answer from the au.
dience.
tNcver'' retorted the speaker 'They
are looking for dumb man. They've had
enough of boy orators and now they want
n man with an alibi 1t looks as If they d
found aim in Parker"
AT the conclusion of Major Lacey's speech
the formal meeting was adjourned to be
taken over by the committee in charge of
the refreshment table.