Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1904-09-29

which the republican administration,
implicitly at least, promised to nego.
tiate. Having on this promise, secured
the increased duties the republican
party leaders, spurred on by protected
interests, defeated the treaties nego-
tiated by the executive, and now these
same interests cling to the benefit Of
these duties which the people never
intended they should have, and to
which they have no moral right
Even now the argument most fire.
quently urged in behalf Of the Dingley
tariff, and against tariff reform gen.
orally, Is the necessity Of caring for
our infant industries. Many Of these
lusty growth, are looming up as in.
dustrial giants In their case at least
the Dingley tariff invites combination
and monopoly. and gives justification
to the expression that the tariff is the
mother Of trusts.
For the aforementioned reasons
among many others, the people demand
reform Of these abuses, and such re-
form demands and should receive i'm
mediate attention.
Trust Remedies.
pointed ont in my earlier response
the remedy, which in my Judgment
can cffectually be applied against
mOnopOlics, and the assurance was
thea given that II existing laws, in
Guiding both statute and common law,
proved inadequate, contrary to my ex-
pectations, ! favor such further legis-
latiOn, within constitutional limita
tons, as will best promote and safe.
guard the interests Of all the people.
Whether there is any common law
which can he applied and enforced by
the federal courts cannot be deter
mined by the president or by a candi-
date for the presidency.
Reciprocity.
In my address to the notification
committee ! said that tariff reform is
demanded by the best interests OF
both manufactures and consumer"
with equal truth II can be said that
the benefits of reciprocal trade treaties
would enurc to both That the con.
sumner would be helped is unquestion-
able That the manufacturer would
receive great benefit by extending his
nm III, d nj
stratlon. His productive capacity has
outgrown the home market. The
very term home market has changed
IN It's significance. Once, from the
manufacturers point Of view, 1t
meant expansion; today the marvel
Gus growth of our manufacturing in
dustrios has far exceeded the Consump.
tive capacity Of our domestic markets,
and the term home market implies
contraction, rather than expansion, II
we would run our mills to their full
capacity, thus giving steady employ
mCnt to our workmCn and securing to
them and TO the manufacturer the
profits aCcrulng from increased pro
duCton, other markets must be found.
Furthermore. when our manufacturers
are dependent on raw materials in
whole or part imported. II Is vital 10
the extension of their markets abroad
that they secure their materials on the
most favorable terms Our martyred
president. William Mckinley, ap.
TroCiated this situation.
The persistent refusal of the repuhli-
can majority in the federal senate to
ratify the reciprocity treaties negotiat-
ed In pursuance of the policy adVo-
Gated alike by Mr.. Blaine and Mr.. Nc.
Kinloy. and expressly sanctioned In the
Dingley net itself, Is disCouraging
exhibition OF bad faith. As already
mentioned by me. the exorhitant duty
imposed on many an imported article
by the Diugley tariff was ayOwcdly in
tcndCd by its author not to he per
mnncnt hut to serve temporarily as n
maximum, from which the federal GOV
eminent was empowered to offer a re-.
duction, In return for an equivalent
concession on the part of foreign
country President Mckinley under.
tool, honesty to carry out the purpose
of the act A number Of reciprocity
agreements were negotiated, which II
ratified, would have had the two-fold
result Of CheapcnAg many imported
products for American consumers, and
% opening and cnlarging foreign mar.
kots to American producers Not one
of those agreements has met with the
approval or the republican masters of
the senate. Indeed they did not even
permit THOR consideration, In view
OF the attitude Of the present eXecu-
live no new agreement need be expect
ed from him Nor does the rcpubi.
can platform contain q favorable refer
encc to one OF the suspended treaties
The reciprocity clauses Of the Dinglcy
act scom destined to remain a monu.
mCnt Of legislative Cozcnage and puliti-
cnl had faith unless the people take
tho matter In their own hands at the
ballot box and command reduction Of