Arizona republican., 1904-12-05
FOREIGNERS VIEWS
Continued From Page 1

Our tariff reformers are met by two obstacles.
 @ The interests of the shipping in dustry are opposed to protection in any form.
 CD We are afraid of trusts.
 The first of these statements only re- peats what our excess of imports all ready told us, that loss of manufacture
 markets has diverted capital from pro- ductive to distributive sources of re- venue. Adam, not our common an cestOr, but the distinguished member of the Smith family-has forewarned us that capital denied employment in manufactures, takes refuge in ship ping.
 This difficulty might adjust itself; for increased manufacturing activity, induced by protected industries, would attract back the money stranded by a shrinkage in the carrying trade.
 But there are still the trusts. And when your eminent publicist raises the question of a free trade policy for America, he is. I assume, offering that as the real solution of the trust diff culty?
 It is, I gather, difficult for either a Gemocratic or republican government to be very explicit on the subject of trusts, owing to the unfortunate fact that politics are an expensive amuse- ment to the maintenance of which no doubt from pure love of sport the ring masters, eff I may borrow a circus tern), impartially contribute with, perhaps, a jUdicious leaning to- wards the party for the time being in power.
 To the creque is attached a pleasant nd O r-C -Nsnr erTf fr,rr abused in public for platform purposes but, in private political life, must be sedulOusIy respected.
 The circus horse, in fact, may pIav- fully threaten the stout gentleman in top boots in the arena. That will tickle the spectators and keep them amused. But behind the scenes it is another matter.
 still, I fancy you have got to tackle the trust question.
 You. in Arizona, are largely an agrf- | cultural population. Isn't that soe We'll surely the protective tarin IS nanufactures directly. but | agriculture al best only indirectly. and | taxing t at the same time through the | prices the farmer must pay for home made articles.
 Who pays for the trusts?'
 On the other hand protection means | -o-i.nercial organization. You have | that still as an asset, if you modify your protective policy or adopt free -rade. And you would pull down the big combines which are beginning to -hrz,>len every avenue of individuaI ef- 'ort.
 Per contra, if We adopt protection we gain organization, and warned by the
  could largely restrict, at any rate the ,api6alist groups.
 In other respects not so satisfactory.
 believ cur financial position beats 'odrs In this respect that our wealth IS 2ettar divided
 When the American invasion com ncnced few years back, your y6IIns ne1 were g1ns to eat us up at one | neal and retire with a bulge about the l/e or Johnnie silhouetted down the ront button of their collective waist oats
 They bit off big chunk but tobacco rusts and steamship combines some LOW Jumped bit short
 Why Wa.- t? Not because we're bet CT bus mess men. We like our busi- less largely sI1dwiched with recrea- lon. But because We have such a vast 'uik of miGG.e class small capital hold ITS who st down and eat and sleep n it-paying Incidentally for our ex- ess lmporfs-and whom you could not , igest all z f once. Trusts are the abuse of a sound prfn- for mutual benefit nd defence. But when cooDeratioa { eccmes monopoly, when that principle ateforets itself like the Baltic fleet on he Ilie Shat aggression is the best de- shce' It becomes, like the Baltic fleet
 menace to people engaged in peace