The Montgomery advertiser., 1904-08-05

The President in his acceptance
speech said:
We believe in reciprocity with for
eign nations on terms outlined In Pres
tdent McKinley's last speech. which
reciprocal agreements whenever they
could be made without injury to
American industry and labor.
President McKiniey said very much
more than this declaration imports up
on the subject OF our foreign trade in
his last speech. He said:
BY sensible trade arrangements
which may not interrupt our home pro-
duction, we shall extend the outlets
for our increasing surplus, system
which provides a mutual exchange OF
commodities. is manifestly essential to
trade. 3a
It must be remembered that in the
days when Mr.. Mckinley was the lead
er Of the high protection party in Con-
gress his inspiration came largely from
the Home Market Club OF Boston.
whose motto was America for Ameri-
cans" He then was not seeking ex-
port trade, either healthful or other
wise. Consequently. by the above
declaration he was taking q long step
In the direction Of the Democratic
policy.
But President Mckinley said more in
that last speech. He said:
We must not repose in fancied secu-
rity that we can forever sell every
thing and buy little or nothing. II
such thing were possible. 1t would
not be best for US nor for those with
our customers such Of their products
as we can use without harm to our In
dustries and labor.
1t will be seen that this declaration
Is another step in the direction of the
Democratic policy. and much longer
step than the first, FOR 1t is an ac-
acknowledgement of the fundamental idea
upon which is built the policy Of the
Democratic party with respect to our
foreign trade-that is. that we can not
forever sell everything and buy little
or nothing" the antithesis OF the Home
Market policy.
or course 1t was not expected that
President Mckinley who was the au-
thor of the Mckinley tariff" so called,
would in a day become fully and who'll
ly converted to the Democratic policy
that our tariff laws are only primarily
justified as sources of revenue to en-
able the government to meet the neces-
sary expenses of it's maintenance.
That would have been in effect an &C.
acknowledgement that the Wilson tariff,
so called, was a better tariff than his,
complete fiscal year of its operation
nearly sS,0o0,Oo0 more revenue than
was received from tariff duties during
the preceding year.
President Mckinley in his last
speech further said:
What we produce beyond our domes-
tic consumption must have vent
abroad. The excess must be relieved
through a foreign outlet and we should
sell everything we can, and wherever
the buying will enlarge our sales and
productions and thereby make a great
er demand for home labor.
The period OF exclusiveness is past.
The expansion of our trade and COM
merce is the pressing problem.
Then President Mckinley said:
II perchance soine 81 our tariffs are
no longer needed for revenue, or to en-
courage and protect our industries at
ployed to extend and promote our mar
kets abroad?
why not. President Roosevelt? You
say the Republican party believes in
reciprocity as outlined by President
Mckinley in this speech. What has
been done by you with the reciprocity
treaties negotiated by that able and
accomplished diplomat and polished
gentleman, Hon. John A. Kasson, who
was employed by President Mckinley
as special commissioner plenipotenti-
airy to negotiate reciprocity treaties.
The country heard a great deal of them
pending their negotiations. Our for
eign trade was to take on an increased
healthful growth under their fostering
influence. We have heard little of
them. and there were quite number
of them, thirteen we believe. since the
Iamented death of President McKin-
ley. notwithstanding the boast of the
President in his acceptance speech
But the demand for just and wise
tariff revision is not to be satisfied
with ratification of these treaties. Re-
ciprocity that the Republican party
believes in and which President Nc
Kinley outlined, is not founded in first
principles. 1t is not Just to one for
eign government to give preferences
over her to another government For
instance 1t is not just to Great Britain
whittier most OF our food stuffs go to
a free market. to give preferences over
her to Germany or France. The reel
procity of the Republican party. how
ever 1t might have been wrought out
under President Mckinley. had he
lived. is nothing now but a pretense
for evading the plain duty of tariff
reform. With the acknowledgements
made by President Mckinley. that a
mutual exchange of commodities is
manifestiy essential to the healthful
growth of our export trade; that we
cannot forever sell everything and buy
little or nothing: that what we pro-
duce beyond our domestic consumption
must have a vent abroad: that the pc
Rod of exclusiveness is past and that
the expansion OF our trade and COM
merce is the pressing problem. II is