Iowa state bystander. [volume] (Des Moines, Iowa) 1894-1916, 1904-07-22
HEPBURN SOUNDS
CAMPAIGN KEYNOTE
Makes. Stirring Address as
Temporary Chair
man,
PROTECTION THE GREAT ISSUE
Takes Up the Question Of Tariff
and Talks Of the Progress Of the
Policy of Protecton-Declare the
Party Can Be Trusted.
Des Moines. July 81, 1904.

can convention, in SESSION in this city, spoke
in part jas follows:
We are a practical people, not given to
speculative philosophy, and when passing
upon the merits OF political organization
demand to be shown results. 1t Is IN our
ability to point to results that the repub.i-
can party Is confident when It appeals to the
people. | may not be aole tu snow you
why republican theories are best ior the
people, but l can point you to results that
attest the fact. Prior to 1861 there was
pc iod OF seventy-two years In which the
government OF the United States was Largely
res GU revenues, circulation, tariffs and in
ternal improvements. During all OF tbs
period on these subjects democratic though
was IN the ascendant Since 1861 there has
been a republican period OF forty-three years,
less eight. Let me invite your attention to
some comparisons. During the first period:
in our foreign commerce the balance Oh
trade was against us in all Of the years
save fifteen, and in those fifteen the balances
in favor were about one hundred and
fifty millions Of do.!ars. In the other nifty
seven years the balances in our favor were
about one hundred and fifty millions OF dol
lars. In the other fifty seven years the
balances were against in an aggregate
Of a billion and one hundred millions OF
dollars worth more tnan we sold. we ere
ated debt for the necessaries of lie
amounting to this vast sum that We had TO
pay by sending out OF the country our gold,
our silver, our bonds, our stocks whatever
in payment of the debt. TheseSwele years
of tariff for revenue, practical free tade so
far the building up Of our own home IN
dustres were concerned. 1t is true tha- FOR
short intervals during the period we had
tariff laws that were called protective, but
such tariff laws only existed for short time
and at best were insufficient in their rates
ard were constantly assaied by the dem
ocratic party that they gave but little per-
manent aid in creating or dlVerSlfymg OPP
portunities for labor.
But in 1861 began a system of prctec-
ton. We have gone on from time to time
improving the details changing our rates
very many times, but holding on intieXibly
to the idea of protecting our own labor, pre-
serving our own markets, charging our la
Dor held and increasing the wage of our
working men. Our last and best effort in
this direction we call the Dngey bill. 1t
has been in force but seven years. 1t has
changed most wonderfully the aspect of eco
nome affairs. We are no longer debtor
nation. The balance of trade Is no longe:
against us. We are longer sending
abroad our gold, and bonds, and stocks, to
pay for necessaries consumed. During tbs
period of seven years the balances OF for
egn trade have been nearly four billions of
dollars in our favor. The people of Other
nations are sending us their gold and their
valuabieS in payment for what they buy
from US until we have nearly one third of
all the known gold in the word as a part
of our circulating medium. At the end OF
the first period OF which | have spoken our
d
millions. 1t is now seven times that amount
The democratic party in giving Judge Park
err permission to think and act as he pleases
upon the question of the gold standard and
cognate matters, giving him permission to
run amuck at his own sweet will among all
their cherished IDEAS or ideals, putting thu m
up or tearing them down just as he pleases,
justfies this abandonment of all that was
dear to them four and eight years ago. and
all that was so important to the American
people, by the suggestion that within the
last few years the production OF gold has
been so enormous as to entirely destroy their
old theories about the necessity Of sixteen
to and the horrors that would follow
the establishment Of a gold standard or
measure. The late production of gold is woe
fully
But if it were not exaggerated we
must remember that it is not the United
States that produces vast increase from
the mines. The production is largely from
other countries and it comes to us, or at
least we obtain share of it, through the
balances of trade that are in our favor. The
production of gold by the world outside Of
greater than stated - leading democrats
and yet no benefit come to us under free
trade theories. where the balances OF trade
were against us. Even if we produce it in
the United States under these theories our
experiences would be the same as they were
from Al to 81. During this priod the mines
Of tie United States yielded about seven
hundred millions of gold, yet we had but
had free trade. We were buying abroad.
The balances were against us, and the gold
was exported to pay for necessary manufac-
lures that we ought to have made. but that
we did buy. In 1860 the wealth Of the Uni
ted States was shown by the census to be
sixteen billions. 1t is now believed to be
one hundred billions.
In 1861 the value of the manufactured
products in the United States was one and
three-quarter billions of dollars Last year
it was fourteen and half billions of dol
lars. These are results Tangible things
infinitely more satisfactory than theories
And yet there are people who are constant
ly prating about the necessity of changing
this statute that has done much for US
People who are our friends join with our
enemies to strike down that statute of wis
dom that has done more than any other
single factor to bring. to us the blessings
that distinguish us and our people from all
other lands and all other people.
Some of our friends are greatly disturbed
about extending our foreign markets. This
is desirable beyond question, yet there is
danger in paying too high for this extension.
Our annual production OF wealth Is about
twenty-one billions of dollars. To this sum
manufactures contribute about five billions !;
the mines and the forests about two bill
lions. Yet of this vast sum sell about a
billion and half abroad 1t is in the home
market that we dispose of nearly twenty bill
lions of our annual production. These i'm
mense domestic sales al- made possible by
the high wages paid to labor. The demand
for labor is created by preserving to it the
home market The home market of t day is
the product of republican tariff schedules.
IN 1892 the declaration of our party
upon this subject said: That on ALL i'm
ports coming into coTnetiti0n with the pro-
duct of American labor there should he
levied duties equal to the d ference between
wages abroad ard at home This declara-
ton so clear and explicit that ALL Compel
ing products should be upon the dut able
schedule preclrdes the idea of reciprocity in
c0u1Deti i've articles,
IN 1896 we said: Protection and reci-
procty are twin measures of republican POI
Icy and go hand in hand Democratic rule
The annual loss from the burning
of buildings in the United States is
about SIDE, 100000, not including cost
Of insurance and the appliances for
fire protection.
In Morse's American geography.
published in 1905, copy of which
may be seen at the st. Louis Expo
sition, appears the following unique
descript ,on: Albany is situated on
the west bank of the Hudson River
# " This city, in 1897, con.
tanned ,2G3 buildings and 6,021 inhab-
itants. many OF whom are in the
Gothic style with their gable ends
tow ard the street.
Judge a mans success by the meth
DDS he used in succeeding.
Doctor-''I found the patient to be
suffering from abrasion Of the cutic,e,
tumefaction, ecchyrusis, and eXtrav-
asation in the integument and celll-
lar tissue about the left orbit Judge
You mean he had a black eye?''
Doctor-"Yes." -London Tit-Bits.
He-"After | am out Of college,
darling, l may have to wait a few
months before I can make enough to
support YOU" She-"It is SO hard to
iait y. He [hraYelYl-"I know It.