The Montgomery advertiser., 1904-12-02
FAIRBANKS AND TARIFF VicePreSident- Elect Makes | Speech. SQUARELYF0RPR0IECTIoN Revision Win Come When
 Needed, He Declares. ltspubiicaa Party stands fer Reea-
 procity. But not for That Which Is sAnsthst Form of "Free Trade.

ASootous DCcs As-DCAOIC 8u du0iChSS of more than 5000 people. vice-Presi- dent-elect Charles w. Fairbanks of h. dianapolis defined the attitude of the Republican administration on the tarin question at the annual banquet of the Home Market Club tonight. Among rhe other guests were Governor John l. Bates of Massachusetts. former Sec retary Of the Navy John D. Long and Dr. W. H. Montague of Toronto. a prtvy councillor of the Dominion of CaSada.
 Jhe speakers were Senator Fair bayks. Governor Bates. Secretary Long and Mir. Montague. Former Congress maA Robert L.. Davis of Fall River. President of the club. was toastmast- er.s A telegram of regret at not being able to be present was received from President Roosevelt. It was as fol- lows:
 T regret exteremely that I cannot be with you. congratulate you on having the ce-President-elect with you. I wish you most enjoyable evening""
 Speech of Fairbanks.
 Senator Fairbanks said in part:
 While the tariff question is an old one, 1t is of continual and vital in- terest. It must not be overthrown or surrendered. either by ignorance or prejudice: 1t must be maintained by ed- ucation, by intelligent discussion. The tariff issue was sharply presented in the platforms of the Republican and Democratic parties in the recent cam paign. The Republican Party stood squareiy by it's protective policy, while the Democratic Party denounced pro- tection as a 'robber' The Republican Party insisted that rates of duty should be readjusted only when con- ditions have so changed that the pub lie interest demands their alteration. while the Democratic Party favored a revision and a gradual reduction of the tarfff.' Republican alterations are to h. srafe when necessary. along pro- tective lines. while Democratic revis- ion means the elimination of the pro- tective principle.
 'The Republican Party has revised tariff schedules in the past when re- vision was essential and It will not hesitate in the future to subject them to careful scrutiny and alteration so that our protective system may be just in its operation. Whenever change of schedules Is essential to the public in- terests, the alteration will be made: 1t will be made advisedly; 1t will be made with full knowledge. not in re- sponse to mere sentiment. but agree ably to sound economy necessity. Any other policy Is obviously unwise and disturbing in its tendency.
 The Republican Party adheres to the doctrine of commercial reciprocity, that reciprocity which tends to extend our commerce and to develope Ameri- can industry in the interest of Amer ican labor. and American capital.
 Different Kinds of Reciprocity.
 Tt holds to that reciprocity which Is the .handmaiden' of protection, but not to that which Is but another form of free trade and which Is hostile to the protective system.
 President Mckinley has been quot ed by enemies of protection as favor ing. the Democratic system of recip- rocity. The text of his last great sions. His utterances were entirely free from ambiguity. No one could misunderstood them who did not desire to do. He distinctly favored sensible trade arrangements which will not in- terrupt our home production
 'we should take from our custom ers,' said he. such of their products as we can use without harm to our in- dustries and labor.
 And he further declared that If perchance some of our tariffs are no longer needed for revenue. or to en- courage and protect industries at home, why should they not be employed to extend and promote our markets abroad?
 "A great responsibility rests upon the Republican Party. It is not over awed by it, fully realizes it's signifi- canoe The Republican Party faces the future with a full appreciation of all this and with a high resolve to meet present and future responsibilities with the sole purpose to advance to the utmost degree the welfare. the hon. or and the glory of our countrymen and our common country"
 Dr. W. II. Montague of Toronto said that the Dominion had tried all forms of trade relations. from reciprocity to free trade. All these have been drop ped in favor of protection. Since the time when protection was firmly es- abolished. the country has seen more prosperity than ever before.