The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-09-13
LETTER OF
ACCEPTANCE
CONTINUED on FIFTH PAGE

kAAAAaA ! kAANN4.
coNTINUED on FIFTH PAeE,l
tify the question OF tarin revision Of
tarin, reduction with q solution Of the
trust question. This is always sign
OF desire to avoid any real effort to
deal adequately with the trust ques-
ton. IN speaking on this point at
Minneapolis on April 4, 1903, said:
THE question OF tariff revision,
speaking broadly. stands wholly apart
from the question Of dealing with the
trusts. No change in tariff duties can
have any substantial effect In solving
the 80 called trust problem. Certain
great trusts or great corporations are
wholly unaffected by the tariff. Al
most all the others that are Of any Inn
portance have as a matter of fact num-
bers of smaller American competitors,
and Of course change In the tariff
which would work injury to the large
corporation would work not merely
injury but destruction to its smaller
competitors, and equally Of course such
q change would mean disaster to all
the wageworkers connected with either
the large or the small corporations.
|gl The Wilson Tariff Law.
Thereris little for me to add to this.
Itnis but ten years since the last at
tempt was made by means Of lower
Ing the tariff to prevent some people
from prospecting too much. The at
tempt was entirely successful. The
tariff law OF that year was among the
causes which In that year and for some
time afterward efectually prevented
anybody from prospecting too much and
labor from prospecting at all.
The question OF what tariff is best
for our people is primarily one Of ex-
pediency, to be determined not on abb
stract academic grounds, but in the
light Of experience. It is a matter OF
business. From time to time schedules
must undoubtedly be rearranged and
readjusted to meet the shifting needs
of the country, but this can with safe
ty be done only by those who are com
mitted to the cause Of the protective
system. To uproot and destroy that
system would be to insure the prostra-
ton Of business, the closing Of facto-
ries, the impoyerishment OF the farmer,
the ruin Of the capitalist and the star
walton of the wageworker. Yet If pro-
lection is indeed robbery" and If our
opponents really believe what they
say, then it is precisely to the destruc-
ton and uprooting Of the tariff, and
therefore Of our business and industry,
that they are pledged.
Reciprocity.
Our opponents assert that they be-
lieve In reciprocity. Their action on
the most important reciprocity treaty
recently negotiated, that with Cuba,
does not bear out this assertion. More
over, there can be no reciprocity unless
there Is a substantial tariff. Free trade
and reciprocity are not compatible. We
are on record as favoring arrange
ments for reciprocal trade relations
with other countries, these arrange
mepts to be on an equitable basis Of
benefit to both the contracting parties.
The Republican party stands pledged
to every wise and consistent method of
increasing the foreign commerce Of the
country. That 1t has kept its pledge is
proved By the fact that, while the do
nestle trade Of this country exceeds in
volume the entire export and import
trade OF all the nations OF. the world.
the United States has In addition Sc
cured more than an eighth OF the ex-
port trade Of the world, standing first
among the nations in this respect.
1t Is d matter Of regret that the pro
tective tariff policy, which during the
last forty odd years has become part
of the very fiber Of the country, Is not
now accepted as definitely established
These forty odd years have been the
most prosperous years this nation has
ever seen; more prosperous years than
any other nation has ever seen. Be
vond question this prosperity could
not have come If the American people
had not possessed the necessary thrift,
energy and business intelligence to
turn their vast material resources to
account But 1t is no less true that it
is our economic policy as regards the
tariff and finance which has enabled
US dis nation to make such good use
Of the individual capacities OF our citi-
zens and the natural resources OF our
country. Every class OF our people is
benefited by the protective tariff.
The farmer has benefited quite as
much as the manufacturer. the mer-
chant and the wageworker
The Farmer and the Tariff.
The future of American agriculture
is bound up in the future Of American
manufactures. The two industries have
become under the economic policy OF
our government so closely interviewer.
so mutually interdependent, that nei-
Their can hope to maintain itself at the
high water mark Of progress without
the other. Whatever makes to the adj
vantage Of one is equally to the advan-
tage OF the other.
80 It is as between the capitalist
and the wageworker Here and there
there may be an unequal sharing as be-
tween the two in The benefits that
have come By protection, but dement's
have come to both, and reversal In
policy would mean damage to both.
ana while the damage would be heavy
IA NIl ttIwould he heaviest and it would
81 4 SOONEST upon those who are paid in
Ii form of wages each week or each