The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-06-22
CONVENTION news
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dustries is seriously affected those en-
gagged in that line OF production cease
to be valuable customers for all the
other producers in the country IF
we did not sell one particle Of our
immense product outside Of our own
borders, we would still have the best
market of any people on earth.
II can perhaps best present to
you the progress of the country by
stating that the wealth per capita of
! the United States in 1850 was 1907,
while in 1900 it was 1926, and by
stating further that the total wealth
of the United States in 1860 was
$16,O00,O0O and in 1900 $4,000, OOO,-
0O0and now over ne hundred bill
lions.
"For more than sixty years the
Demcratic party has denounced pro-
lection as robbery, and their cry has
been, sometimes, tariff for revenue
only; sometimes for progressive free
trade throughout the world;' but
whatever the expression may be, they
have always been ready, when cloth
ed with power, to run the dagger into
the protective policy. And such is
still the position of that party. In
the closing days of the late session
of Congress, Representative Cock
ran, of New York, preached the pure
Democratic faith; and there never
was in my recollection such demon
stration as came from the Democrat
ic side of the house, when with fam
ing eyes and wild gesticulations and
enthusiastic faces, they sprang as
one man, with cheer after cheer in
terrupting the business Of the house
until they could mark their approval
of the policy in which they believed.
, 1t is true that in magazine articles
and by careful speech and sentence,
here and there men like Senator Cor
man, Representative Williams and
others, while denouncing protection
as robbery. say that if the Demo-
cratic party is clothed with power
they will not destroy the system
over night; yet they each and all
avow that they will journey in the
direction of tariff for revenue only,
fand Of free trade. In other words,
if they are given power, the Amer
lean manufacturer and laborer will
be gradually starved to death in
, stead Of being destroyed at one
stroke. It reminds me of one of
Aesop's fables, where the wolves pro-
posed to the sheep that they should
discharge the dogs, their natural pro-
. tectors, and place themselves under
the protection of the wolves. Does
capital on the ne hand and labor on
the other desire such protection?
"But the little politician cries oni
: that strikes abound here and there
in the country Yes. thew do. but
o contests that lead to strikes. where an
: adjustment is not made and where ar
bitration fails, are quarrels between
@ organized labor and ORGANIZED capital
about the division Of the profits. As
has been we'll said by another many
,, years ago, there were not many
strikes when the Democracy had full
g power under Grover Cleveland be-
cause there were no profits to divide
g There are profits to divide now, an6
- with a people who work shorter hours
;. and who are on the average more full
~ employed, and with larger wage
than was ever paid before in the his
tory of the human race for similar
> amount of work they will not be lee
into destroying that policy which
renders these things possible because
o of a local trouble here and Their,
touching a division of the profits.
o The Republican party ever read,
4 to keep peace with the industrial de
g velopment Of the country, has enacte,
legislation within the constitution
< prohibiting such combinations; an,
President Roosevelt, our President-t
be, has kept his oath to See to i
IL that the laws are executed. And b,
d the decisions Of the highest courts
It the Republican legislation has bee
sustained, and the laws are being en-