Cameron County press. [volume] (Emporium, Cameron County, Pa.) 1866-1922, 1904-11-03


his compromise bill gradually reduced,
In speech delivered in the United
States senate in 1892 he said: If the
term of seven years were to be selected
of the greatest prosperity which this
people has enjoyed since the establish
ment of our present constitution, 1t
would be exactly that period of seven
years which Immediately followed the
passage of the tariff of 1924
Misery Follows Reduction.
While the great statesman thought
gradual reduction preferable to an i'm
mediate repeal, results did not justify
his course. A tariff so low that it fails
to protect, is like a fence so low that it
fails to protect. If Judge Parker will
read the first volume of Mr.. Colton's life
of Henry Clay he will learn that ruin
and universal want followed the Clay
compromise.
In six years the revenues fell off
% per cent. and the government was
borrowing money, and within four years
horses were selling at auction for two
dollars, cows at one dollar, oxen at 121%
cents each, hogs at 61a cents each, and
sheep at 1872 cents each. In one in
stance "a hogs sold at auction for %
cents. Wretchedness and want were
everywhere, and free soup houses much
more in demand than during the last
period of democratic supremacy.
IF Henry Clay were living. | doubt
very much if he would favor repetition
of the experiment. If the distinguished
jurist candidate will study history for
the sake of arriving at truth, instead of
searching it to find stray sentences in
the utterances of admitted statesmen
which will Justify the position of his
party, he will never be free trader, and
he would not have been an advocate of
free silver.
The democratic candidate then re-
fers to and by implication condemns
the protective tariff of 1912, enacted by
a Whig congress, and signed by Presi-
dent Tyler, who succeeded to the presi-
dency on the death of the old warrior
and protectionist statesman, William
Henry Harrison.
Steel Rail Question.
The distinguished jurist candidate
seems much exercised over the price of
steel rails, but admits that railroad com
panies do not object. He accounts for
this by an insinuation that the officers
of the railroad companies are producers
of steel rails. Why does he not invite
some railroad president known not to
be interested in the production of iron
and steel to visit him and submit few
searching questions?
Il sought an interview with such a
railroad president not long ago, and he
said that he was satisfied with the pres
ent price of rails, and he did not care
how cheap they were sold abroad. He
said the only fear he had was that
pending a doubtful presidential election
the steel plants would have to close
down. This was some months ago. |
have not seen him since all possible
doubt as to the result of the election has
been removed
But | have a different theory than
Judge Parker expresses. assume that
the railroad presidents have thought
this question clear through, and are
willing to pay a reasonable profit on
steel rails on condition that the steel
producers shall continue to take iron
and coal from the mines, and shall con-
tinue to pay their men. thus furnishing
the roads no end of transportation.
Railroads Do Not Object.
Il assume that the roads would prefer
IN nav NGt iu1raaCpI y,rinn i1-
and allow the companies to dump their
surplus abroad at yet reduced rates,
rather than have a million men turned
out of employment, which would mean
receiyerships for a large number of the
roads. In other words, | assume that
the railroad presidents are good busi-
ness men, and there isn't so much diff
ference between business men and
statesmen as there is between politi-
clans and statesmen.
Later in his speech the distinguished
iurist candidate states what he con-
ceives to be universal principle, and
employs this language: a duty when
does not raise the price of the article
to the consumer fails of its object, and
- 'Ai'i'i't' iI'NAi''H0 lbI DuI JOoGS VI pro-
lection
Either Judge Parker knows nothing
about the principle of protection. or /
know nothing about it, On the same day
this speech was made had a long in
teryiew with a man interested in num-
her Of canning factories, and who, there
fore, consumes quantities of tin plate
in the manufacture of cans to hold his
product. He cited the effect of protec-
tion on the tin industry, and said it
had resulted in cheaper tin.
Protection Reduces Price.
81 was recently through the potteres
at Trenton. / saw sanitary pottery,
bathtubs and the like, by the train load.
The duty on this class of goods is 55
per cent. ] was shown particular bath
tub, the price of which when they came
from abroad under the low rate of the
I.