The Montgomery advertiser., 1904-05-22
welfare and prosperity of q

happiness. welfare and prosperity of q peole."
 Let us even take this conditional defin- dtion and try on 1t the results of protec- ton.
 In 1890 the amount of annual production or this country, agricultural, mining and manufacturing. aggregated SIP, ,452, 193, ,662. h 1900 it aggregated $17, ,S67. .076,272. And I wish to call attention to the fact that this vast amount of production was beyond all question largely consumed in our own country, because our exports during the last few years have been only about $1,- 2oO. 100000 and our imports something like $500 ,000.0O making the balance of trade in our favor some five Or six hundred millions. as the case may be; so that this vast amount of production, seventeen bil- lions is consumed by the people.
 IL is hoarded; it is not piled up in the banks; 1t Is not stored away. It is ma chinery; 1t is agricultural product; 1t is the product of the mine. The gold and silver amounted to only about $17S 900, 900. l. must have been distributed among the great mass of people, as they, as dis tinguished from the wealthy few, are the consumers of these products. This shows an increase of production during that period of s5,414, ,SS2 ,610. This extraordi-
 
 standing the fact that the years 1894, 1895, 1896 and 1897, years of Democratic ad- ministratdon, were years of deficit in the Treasury, accompanied with a paralyzing panic that threw labor out of employ ment and arrested the development of production, which makes the increase all the more remarkable.
 Now, how does that indicate any pro- gress and development? The percentage Of increase of production from 1890 to 1900 was 0.43. To be sure. we have increased in population during that time. which in- crease was not affected by the years of panic and disaster. But the percentage of increase of population is o.21. and the percentage of increase of production is double the percentage of the increase of population. The amount of production per capita in 1890 was S199; fin 1900 1t was $2S4. or $35 per capita more in 1900 than in 1890 So that if 1t were necessary to demonstrate a paipable and obvious fact that has been conceded upon the other side, that magnificent prosperity now blesses this country and we have the de- monstration by the actual figures involv- ed in its development. One test is, there- fore. successfully met, and this is the supreme test.
 These are incontrovertible facts, and on  the Democracy fears to meet them. In fact, that party today stands as the part ing of the ways. In one direction lie hon. esty, integrity, consistency, real convic- ton and belief-free trade. But at the end of that way is certain defeat, be- cause the voters of this country apprecl- ate results. In the other direction lie hypocrisy and deceit, and at the end the possible goal of the Presidency and the House. Therefore, infirm of purpose, the members of that party tremble. while Re- publicanism marches on the straight road of the protective principle. consistent and confident.
 As to Trusts.
 The trust question is in a way irici- dental in this campaign, because the De- mocracy makes the attempt to connect trust and tariff. It is charged that the tariff is the creator of the trust. Wher- ever you find the creator you find the creation. We have many articles. the products of which command no tariff, and the Standard Oil Company's is the most conspicuous example. It Is a trust par excellence, and there has never been a tariff on it's product.
 We have trusts innuTnerable in free trade countries, and England is honey combed with them. Here is a creation without a creator. The correction of the trust evil in America does not lie through revision of the tariff schedules. Fed eral control of trusts, which the New York Democratic platform would elimi- nate. is the only remedy now in sight, and on that question the Republican re- cord is clear. while the Democracy un- der two administrations has almost no re- cord at all.
 The killing of competition is an essen tial incident of the trust movement. If the small independent operator could hold his own and compete no harm could come to the. public. Now. the tariff on tin, 1t Is quite clear. gives the same protection to the independent operator and the trust