Bisbee daily review., 1906-08-17

labor receives double the compensa- ition that labor receives in Grsai
 Britain. and three times the compen-
 sation paid to labor on the continent of Europe. Ninety-thres per cent oi this product is consumed by our own l people, and the comparatively small surplus that goes abroad makes us the
 greatest exporting nation on the earth
 In the rapid development of the
 country. we not only live better than
 any other people. but from the saw
 ings of production We have become the wealthiest nation on earth.
 While this unprecedented prosper l ity has come in less than a decade of Republican administration. and the
 Dingley tariff law has demonstrated that it is a revenue producer both for the people and the government. We | occasionally hear the old wall that the tariff Is the mother of trusts and the shelter of monopoly. The tariff re- visionists are, however, answering their own complaints. I find in the New York Times, one of the ablest and most uncompromising organs of
 tariff revision. an editorial showing that the giant steel trust is no longer looked upon by free traders as a mo- nopoly and that it has steadily declin- ed in its proportion of the steel since its organization. The Times says:
 "Steel Trade"
 The widest interest in the steel ,apnyf aft to ho ie least discussed; that is, the conditions in the trade as reflected by the first hand facts now available. It is true that the steel corporation is not the steel trade. Big as it is it is neither the majority interest, nor even the controlling interest. In fact, it's pro- portion of the trade Is relatively de- clining, while concurrently it Is breaking its own records of produc- ton and earnings. Its production of pig has fiuctuated since its organiza- ton within a narrow range and with out decided trend, standing now at A per cent of the country's total. Its
 production of open hearth and Bes- semer castings has fallen by about per cent to 47 per cent. Its domin- ance is greatest in the wire nail pro duct. which. although declining, re- mains at 66 per cent. In short, the trust is not by any means a monopoly. and yet it is impossible that the trust
 should prosper and the trade lan-
 guish.''
 All legislation, and especially rev enue legislation is the result of com promise. It must inevitably be so in
 order to command, as, of course, is 1 necessary. a majority vote in both house and senate. It is, therefore. i'm
 possible 70 secure perfection in each schedule of a tariff bill: but I have no hesitation in saying that the pres ent revenue law, known as the Dingley law. all things considered. is the most perfect and just customs revenue law ever enacted. The general distress and industrial conditions prevailing throughout the country at the time of it's enactment helped to make it so, because it brought all the people to- gether. In times of prosperity when it is attempted to enact tariff legfs- lation the seIfshncss of the people is appealed to, but when there is indus trial depression different interests are more inclined to get together for the general good.
 The Dingiey bill was substantially the first legislation under the admin istraticn of William Mckinley. It was enacted at time when the rev 2nues of the government were short, when all our people. on 7arm, in mine and in factory. were unable to realize reasonable profits upon their respective products and when con- sumption was at a minimum for the want of steady employment by our people at fair wages. In It's opera tions that law has spread more evenly and justly over all production in the United States than any tariff law pre- vinus.y enacted. Under it's workings. there came hope. confidence. employ ment. profitable production and uni versal prosperity, which has grown and increased from year to year up to the present time. Under it the people worked out their own salvation.
 It did not. and does not, please the Democratic party. That party de- rources the policy of protection as robbery and declares for a tariff for revenue only. This has been the posi- ton of the Democratic party for many years; it is it's position today and the position of all its leaders, including William J. Bryan and John Sharp Williams, the leader of the minority in the house of representatives, who time and again during the late session of congress proclaimed the policy of his party to be, if clothed with power, not to destroy protection absolutely at one fell swoop-over night, as he expressed it-but to journey towards tariff for revenue only. He would not kill the patient outright at one stroke, but would gradually starve it to death
 Such policy means less wages for labor. both skilled and unskilled. in evcr- avenue of production: and. with