The herald and news. [volume] (Newberry S.C.) 1903-1937, 1904-07-22

! routes. etc. etc.
In rccuunting these matters | do 50
III no spirit Of boastfulncsS but rather
a> rendering all account to YOU who
have 4 right to know the details OF
~ service
i"<Siny from this accoun, OF my
stewardship ask your indulgence
while refer briefly I" such questions
Il: are engaging the public mind 1t
his time. Ii were asked to express
in few words the main points o; dit
| ference between the two national .'..r-
tics would say: The republicans
stand for high tariff and eNtrava-
yancc. while democrats stand for low
Tariff and economy. The difference
between the parties on this question
i: difference in degree: the demo-
Gratis advocating a reduction and re-
vision OF present tariff rates while the
party in power prides itself on
! standing pat on this issue. We do
not advocate free trade but a tariff
:or revenue only. Most OF the criti-
c;sm 70 which the republican party is
Justly subjected is the outgrowth OF
protective tariff In the beginning Of
our manufacturing era we were told
to foster and protect infant industries
in order to product competing planrs.
This argument is no longer effective,
since these infants have grown to be
strong and corpulent. and by pooling
their interests fix prices TO suit them
selves while the government holds at
bay their foreign competitor. Under
the protective tariff American steel
bars sold last November in England
for less than SEQ per ton. American
goods are shipped to Hawaii and
Porto Rico by trusts and sold there
at prices which enable the American
consumer to purchase them. there.
pav the cost OF shipment both ways,
and get them at less than they can
buy them in the home market.
To protective tariff is due the large
surplus that has accomplished in the
treasury. which is being deposited
without interest in favored national
banks. Now surplus for an lndlVld-
nal or perhaps corporation is very
desirable thing, but surplus Of over
one hundred millions Of government
money. drawn and kept from the
avenues OF trade. and inviting eNtrav-
aeance and fraud in administration.
is a most dangerous menace to popu-
lar government. II you paid this tan
directly as You do your state and
county taxes YOU would feel the
sting of this iniquitous system. AS
1t is. you pay it il every tool you
use, in every article you wear. at the
rate OF ten dollars per capita tor
every man. woman and child in the
United States. Think OF this. This
states proportionate part OF this tax
would be about eleven millions per
annum. enough to p.y for every de-
tail OF the state government tor
period OF at least IS years. not in
cluding county expenses and a SINH
lar proportion is collected in every
other state OF the union. The re-
publican party protects the trusts by
extorting from their foreign compet'-
tons exllorbitant tariff rates. and the
trusts in their turn protect the !epub-
lican party BY contributing largely to
its vote Subsidizing fund. Banks hav-
ing the surplus deposited with them
do not pay the government interest
but they pay interest to the republi-
can party in campaign contributions.
This excess of funds in the treasury
encourages extravaganza and otf1clai
dishonesty. or tends that way. Ihe
last year of Mr.. Cleveland's admins
,ration cost this government S44S.-
l2o6oo, while the last congressional
appropriation OF Mr.. Rooseve!ts ad-
m;nistration. seven years later. reach
I'd the enormous sum OF S7Sl.I72,N5.
Or more than 20 per cent. in excess OF
the last year OF democratic rule: ana
rh;s amount does not include Sso.ooo.-