The Grenada sentinel., 1906-09-22
TARIFFWAR in SIGHT
GERMANY RESENTs STAND OF
PRoTEcTIoNIsTs.
Avarice of Trusts and Monopolsts Has
Caused Emperor Williams Govern
ment to Retaliate on Products
of American Factories.

Protection Is slowly nearing the end
OF its string, in spite Of Speaker Can
non capturing President Roosevelt to
a policy of inactivity on the tariff on
Che score of party necessity.
This stand-pat policy will hold good
q few years longer If the Republicans
control the congress to be elected this
fall, and then carry the national elec-
ton in 1908, as they would then have
more than an even chance of doing.
Yet there is a canker worm eating
at the heart of prOtectionism that will
compel tariff revision in spite of the
Gtand-patters, for the markets of the
world are about to be closed to our
manufactured products, although our
exports of food and raw material will
still continue as long as we can sell
the cheapest to those countries that
must purchase.
Short-Sighted Avarice.
The canker work is the avarice or
the trusts and manufacturers, who
have prevented the ratification OF
reciprocity treaties with foreign
countries, notably Germany, and in
retaliation she has created new max
fmum and minimum tariff law, which
as to it's maximum rates Is virtually
prohibitive.
Germany now holds that we have
no favored nation agreement with her,
I'm her sense of the term, and is in
-censed at our not fulfilling our agree
ment to revise some Of the admins
frative conditions imposed on imports
as provided in the Payne bill OF last
winter. Germany appears to feel that
our administration has broken faith
with her by accepting notifications
of her tariff, while still imposing the
utmost requirements of our own. Ger
many evidently believes that Presi-
dent Roosevelt, who exhibited such
control of congress on many matters
he was interested in, showed consid-
cradle Indifference in urging on con-
sress what he had promised Ger
many.
Trusts Never Sleep.
But the German statesmen do not
understand. as we do, how helpless
President Roosevelt is directly he
runs up against the trusts and In
frenched monopolists. They never
sleep, are never tired and have the
men and the money to fight tariff re-
vision in any form. The subsidies
every schedule of the tariff gives
some one a subsidy-are the breath
of their nostrils. Without those spe-
cial privileges they would not be able
to pay dividends on watered stock
and their foster mother would no
longer nourish them.
Those of the trusts, however, that
rely upon exports, such as the beer
trust and steel trust, not to mention
other manufactures of smaller scale,
will soon feel the pinch of a surplus
they cannot dispose of and will be
more willing to make concessions for,
at least, some sort Of tariff revision.
Canker Worm of Protection.
That is the canker worm gnawing
at the heart of protection, that is sure
to lead to it's destruction. How long
these protected interests can stand the
pain and strain when the pinch comes
lis uncertain, they may decide to de-
cay by inches and then again the
song-headed ones may decide that sell
ing their surplus cheaper to our own
people is as profitable in the end as
selling it to foreigners.
A Democratic victory this fall will
hasten the ultimate outcome and spare
the inevitable tariff war" with Ger
many and countries that we should be
at peace with.
Tariff reform will reduce the cost of
living and thus add to the incomes
of everyone but the favored monopo-
lies.