The Providence news. (Providence [R.I.]) 1891-1906, 1904-08-10


there has been neither reduction nor an
attempt at reduction In tariff duties.
1t IL not unreasonable 90 assume, IN the
light of that record, that a future Con-
gress OF that party will not undertake
revision of the tariff downward in the
event that shall receive an endorsement
of sts past course on that subject by the
people. II Is a fact and should be frankly
conceded Shnt though our party lie sue
cessful IN the coming contest we cannot
hope to secure the majority IN the senate
during the next four years. and hence we
shall bo unable to secure any modifica-
tton In the tariff save that to which the
Republtcan majority In the senate may
consent.
While. therefore, we are unable TO give
ASSURANCES OF relief TO the people from
SUCH excessive duties as burden them. II
Is due TO them that we state our
position 10 be I'm favor of a reasonable
reduction of the tariff; that we believe
It is demanded by the best Interests
of both manufacturer and consumer, and
that wise and benefcent revision OF the
tariff can be accomplished as soon as
both branches OF Congress and an execu-
tive In favor Of It are elected. without
creating that sense OF uncertainty and
instability that has on other occasions
nanifested itself.
This can be achieved by providing that
such a reasonable period shall intervene
between the date OF the enactment Of
ahs statute making a revision and the
date OF It's enforcement, as shall be deem
cd sufficient for the industry or business
affected by such revision 20 adjust Itself
20 the changes and new conditions Inn
posed SO confident am l in the belief
that the demand OF the people for re-
form OF the tariff Is just, that ! indulge
the hope that should a Democratic House
OF Representatives and "a Democratic ex-
ecutivs be chosen by the people even a
Republican senate may heed the warning
and consent 10 give AT least some meas
urs OF relief TO the people.
THE TRUSTS.
The combinations. popularity called
trusts, which aim TO secure a monopoly
OF trade In the neoessar ries OF life as well
a. In those things that are employed upon
the farm. In the factory and IN many 9th
or fields Of industry. have been enCour-
aged and simulated by excessive tarlm
duties These operate 10 furnish sub
stanual market In the necessities of 81
millions or people, by practically exclud-
ing competition.
With SO large market and hlRhly re-
munerauve prices continuing long after
the line OF possible competition would
naturally be reached, the temptation o
all engaged In the same business 20 corn
bine 90 az to prevent competition al hom'
and a resulting reduction of prices. ha.
proved Irresistible ia a number of cases
All men must agree that the net resul
OF enacting laws that foster such inequit
able conditions. ls most unfortunate 20
the people az whole. and ~ would seen
as N all ought 10 agree that the cfccuv
remedy would be 10 appropriately modif.
ebe offending law.
The growth Of monopoly, ~ which com
.piaint IL justly made. cannot be laid "A
the doors of the courts % this country
The decisions of the supreme court % th
United States. the court of appeals q
this state and the courts of last reaor
On many other states. warrant the az
ssrtioa that the common Law as develops