The diamond drill., 1904-09-17

therefore OF our business and Industry |
nents last obtsined power II was on
Eunconstitutionai:s and the efrort 20 put
the causes OF the general national pros
tration lasting from 1888 to 1897 ~
protective tariff Is either unconsutu-
unconstitutional just as much robbery.
20 revise II down still leaving IL protec-
tive. as IL would be 10 enact II. In other
themselves TO the destruction OF the pro-
tective principle In the tariff; using words
which u honestly used forbid them from
even the smallest degree.
Every class OF our people Is penented ss
sy the protective b tarlm DURING hs sesn sne the
export trade OF this country grow faster |
than ever in our previous history: The
running 4 II were not for the protective
tariff. The wage-worker would do well
10 remember that IL protection Is rob
berry and Is 70 be punished accordingly.
for either he will be turned adrift entire
ly. or his wages Will be cut down 10 the
by the bulletins OF the bureau OF labor.
the purchasing power OF the average
wage received by the wage-worker has
grown faster than the cost OF living. and
this in spite OF the continual shortening
OF working hours. The accumulated saw
ings OF the workingmen OF the country.
banks have increased by leaps and
bounds. AZ no time In the history OF this
or any other country has there been an
alike TO workingman and employer, as
. during the seven years that have just
passed.
The farmer has benefited quite as much
as the manufactures, the merchant. and
the wage-worker. The most welcome and
Impressive fact It's established by ,s,,ic the last
or wealth among all classes OF our cOun-
trymen. The chief agencies in produc-
census to be the development OF manu-
features. and the application OF new In
ventions to universal use.
total value Of farm property increased @
twelve and half billions OF dollars: the
farmer gaining even more during this pc
| riod than the manufacturer. Long ago
| over-production would have checked the
| marvellous development OF our national
| agriculture, but FOR the steadily increas-
ing demand or American manufacturers
| for farm products required as raw ma
| terials for steadily expanding industries
Conditions change and the laws must
| be. modified from time TO time TO Mt new
1 exigencies. But the genuine underlying
| principle OF protection. as IL has been
| embodied In all but one Of the American
| tariff laws for the last forty years, has
| worked out results so beneficent, so even
| ly and widely spread. so advantageous
| alike 10 farmers and capitalists and work
| ingmen, TO commerce and trade OF every
| kind, that the American people. II they
| show their usual practical business sense.
| will insist that when these laws are
| modified they shall be modified with the
| utmost care and conservatism. and by
| the friends and not the enemies of the
TO trust the modification TO those who
treat protection and robbery as synony-
| nous terms.
| In closing what I have 10 say about
the system OF promotalg American indus
| try let me add n word OF cordial agree
ment with the policy OF In some way In
Guiding within its benefits. by appropriate
legislation. the American mere hant ma
rine. II is not creditable 10 us as ma
tion that our great export and import
trade should be well nigh exclusively
I'm the hands of foreigners.
Our opponents contend that tho govern
ment Is now administered extravagantly,
and that whereas there was "a surplus
| OF SS0.00O.000 In 1900 there Is "a deficit OF
more. than. siooo0.oOo' in the fear that
has Just closed.
tained by including in the orditary. cur
rent expenses the sum OF tftyvmillions.
which was paid for the right of way OF
lated surplus in the treasury. Compar-
ing the current or ordinary expenditures
for the two years, there was a surplus
OF nearly eighty millions for the year
1900, and OF only little more than eight
millions for the year that has just
| closed But this dmInutlon OF the an
nusl surplus was brought about design.
edly by the abolition OF the war taxes
in the interval between the two dates
3
1909. cut down the internal revenue take:
TO an amount estimated at one hundred
and five millions year In other words
the reduction of taxation has been con
; siderably greater than the reduction "
the annual surplus. Since the close o.
the war with Spain there has been M
: substantial change In the rate OF annua
7 expenditures. AS compared with the fis
: cal year ending I'm June. 1901. for exam
pie. the fiscal year that has Just CLOSED
Y showed n relatively small increase I'm ex
E penditure (excluding the canal paymen
already referred to). while the year pre-
vIous showed q relatively. small decrease
e The expenditures OF the nation hav
been managed In spirit OF economy n
4 far removed from waste as from niggard
; liness; and IN the future every effort VII
be continued TO secure an economy a
strict as is consistent with efficiency.
. our opponents promise independence 4
; the Philippine Islands. Here again W
y are confronted by the fact that their ir
O | reconcilable differences OF opinio
Z among themselves their proved inabilit
q 70 create n constructive policy when 1
I power, and their readiness for the SAX
= of momentary political expedlency,
y abandon the principles upon which the
y have insisted as essential. conspire I
o puzzle us as TO whether they do or q
y not intend I'm good faith TO carry OF
: this promise II they are given control {
;, IL our opponents came into power an
q attempted TO carry out their promises
: the Filipinos by giving them indepent
le enoe. and Withdrawing American contr'
81 from the islands the result would
e a frightfui calamity TO the Filipino
a themselves. and I'm it's larger aspect woul
E amount to an international crime. Al
% archy would follow: and the most VIZ
s. lent anarchic forces would he directt
W partly against the civil government, par
y ly against all forms OF religious and edl
4 cational civilization. Bloody connic
sc woud inevitably ensue I'm the archipelag
and just as inevitably the islands wou
i- become the prey OF the first power whie
4. I'm its own selfish interest took up tl
III task we had cravenly abandoned.
n During the last fve years more hi
y. | been done for the material and NOR
Z. | weil-being OF the Filipinos than ev
III before since the islands first came with
u the ken of civilized man. We have ope
IN ed before them n vista OF orderly deve
" opment I'm their own interest. and n
n policy OF exploitation. Every EFFORT
Is. being made TO az the islanders for sci
pt government. and they have already
ne large measure received II, while Tor y
- first time I'm their history their person
n. rights and civil liberties have been qua
a. anteed They are being educated; IN
In have been given schools: they have be
ds given libraries: roads are being built
~ their use: their health is being car
IS Tor: they have been given courts In viii
be they receive justice as absolute as u
nj In our power 10 guarantee. Their
's- dividual rights 60 life, liberty and I
Il . .s.fta nra no