The Montgomery advertiser., 1906-08-17
LAUNCH BOOM
 FOR UNCLE JOE
6contlnued from Page one.)

put of coal and iron and in every line of industrial development the last ten years have been In harmony with this scriptural injunction to make two blades of grass grow where one grew before.
 Our farm trade has been along the same double track lines, our imports increasing from S7S0, 900. 900 in 1896 to S1,227, ,000.0 900 in 1908, and our exports 900 In 1906. The total volume of our foreign trade in 1896 amounted to Si,- 662,000.000 and in 1906 to s2,e70,000. 900. Add to that our trade with Porto amounted to $75,000,000 and we have In the last year a grand total of S3,- 45,000,000 as the amount of business done between the people of the United States and the rest of the world:
 This is greater than the foreign commerce of any other nation, Great Britain alone excepted "1d that be, products. her imports being almost double her exports, while our exports exceed our imports by half billion dollars.
 Under the policy of protection the United States produces one third Of tho manufactured and ~~rlcultural pros ducts of the civilize1 world. Our la that Una labor receives % i in Graat Britain and three times the compensation paid to labor on the continent of Europe Ninety-three per cent of this product Is consumed by our own people, ana the comparatively small surplus that goes abroad makes us the greatest ex- porting nation ,on the earth. In the not only live better than any other people, but from the savings or pro- duction we have become the wealthiest nation on earth.
 has come in less than a decade of Re- publican administration and the Ding ley tariff law has demonstrated that s, 1t IS reyenae producer 9otR Tor occose see ionally hear the Rld wall that the tar fir is the motha of trusts and the shelter of monopoly. The tariff re- own complaints. I find in The New York Times, one of the ablest and most uncompromising organs ot tarln revision, an editorial showing that tns giant steel trust is no longer looked upon by free traders as monopoly and that it has steadily declined in It's proportion of the steel since It's orEa- nizati0n. The Times says
 "steef Trnde.s
 'rrhe widest interest fn the steel cor poration report attaches to what ls 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 1t is, it Is neither trolling interest. In fact. it's propor- ion of the trade Is relatively declin- ing. while concurrentfy # Is breaking its own records of production and earn- tnated since its organization within a narrow range and without decidefl
 trend. standing now at A per cent 9f the country's totsL Its prodvV;G.aon psaV;ngs has "a fallen by about per cent to 47 per cent Its dominance Is greatest in the wire nail product, which, although de- at stbIn.nst sb6rt the Fens trust is not @ by any means
 a monopoly, and yet 1t IS impossible that the trust should prosper and the trade languish." ,,,. nue legislatinn, is the result of com promise. 1t must inevitably be so m order to command, as. of course. IS ls House and Senate. It i., therefore, im- Schedule Schedule of tariff biils but have nd hesitation in saying that the present law, all things considered. is the most perfect and just customs revenue law over enacted. The general d1sireMs
 throughomt the country at the time of it's enactment helped to make it so, oe- cause It brought all the people to- | sether. In times of prosperity fa wheh | ton. the selfislation of the people ls | appealed to. but when there is indus | trial depression different interests aT 1
 general good The DinRley bill was | substantially the first leaislation un- | der the administration of William Me- l Kinley. It was enacted at time M wMnen | inc revenues of the government were | short: when all our people, on Iarn 1 in mine and in factory. were unapie te l realize reasonable profits upon tneIi | respectfve products. and when consuhlp, | tion was at a minimum for the want | of steady employment by our people al
 fair wages. h its operations ,,ts, tna' | law has spread more evenly and 1ustlS | states than any tariff law previously 1 enacted. Under It's workings there l came hope. confidence, empioylnent
 profitable pTGaiGfStiGSn pSieS Sas grown rna and n l creased from year to year up to ths
 present time. Under 1t the people
 worked out their own salvation. .x | It did not. and does not, please tn' I Democratic party. That party de nounces the policy of protection al robbery and declares for tarin TO
 revenue only. This has been tdr the p posr g, years. 1t is its position today and m position of all its leaders, includlnl .r,I | William J. Bryan and John sharp WI
 Hams. the leader of the m,n"r''y aines ,vb N time and again during the late sessioi of Congress proclaired the policy Q his party to be, if clothed with power
 not to destroy protection aosoiuteS S as . one fell sweep over night, ns ne ex pressed it-but to journey towards tariff for revenue only. He would no Xiii the patient outright, but woul VraduaIly starve 1t to death.
 Such policy means less wages TO labor. both skilled and unskilled. | every avenue of production; and. wit decrease of wages and slack employ ment, the great mass of the peopl to all other producers. Such polio would act and react upon all our peo
 ple who are customers for each othel land we would have the nightmare lof 1898 and 1897 repeated.
 Tariff Revision.
 Tariff revision Tn time of prosperit always has. and always will, halt bus
 mess ctivity, production ana com
 merce. The manufacturer will Jesse
 his output. for he fears to pile up hi
 product unless there is a reasonabl
 certainty of realizing it's cost and
 fair profit The farmer halts In mah
 ing improvements and consumes les
 because there is shortened deman
 for lis products. The decrease In tn
 would amount to many hundred m llion dollars. Where there is conf
 dence and prosperity without prec' : dent. there would be doubt and d. \ struction of confidence,
 9 I heartily indorse the platform lat 4 lily adopted by the Republicans of II 4 diana. which, in substance. says thi { tariff when it will do more good tha < harm to the great mass of the peopl It Is vital that the Republican part should remain in power for the con \ ling two years in order that the legi lative and executive departments