Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1907-01-17
SHAW'S SILLY WAll
SECRETARY REPRESENTS DIS
CREDITED SCHOOL OF ECO
Monies.
Would Have All Nations Buy from
Us, But Sell Us Nothing-Atti-
tude Typical Of the
Standpatters.

thAhS ~ o0ANO 90 oNSASboAJ VI ShS
treasury in which to urge his pc.
culiar and generally harmful ideas
on those willing to listen to him. AS
o as he retires to private life he
will be as harmless as a sucking
dove or a cooling pigeon. But while
he is secretary of the treasury he
is certain of an audience to some ex-
tent, so his utterances have to be
noticed, and when likely to do harm,
criticised. In a speech at the COM
mercial congress at Kansas City he
expressed his anxiety lest while we
delay in getting access to expanding
foreign markets our surplus of prod
ucts will 'set back upon us like a be-
lated tide to the inundation and
swapping of our prosperity which is
now our boast"
Dread Of plenty and a reduction of
trust high prices seems to weigh upon
the heart Of Shaw, for his only idea is
to get rid of our products by export
ing them. He cannot see that reduced
prices will lead to greater home con-
sumption. Shaw in his economic cog
itations has no place for imports, he
wants the pauper Of Europe to buy,
but thinks it is impertinence for him
to sell to us. But fortunately the
Shaw school of economics is scorned
by the worlds traders, and recipro-
city of trade is a necessity, except
for such raw products as are needed,
that are not natural products of the
importing nation or that are not
raised in sufficient quantity to supply
the home necessities.
The Shaw cry is export! export!
but he would prevent imports. He
pays no attention to the fact that
England, the greatest trading nation,
is always importing more than she
is exporting, and has become the
richest country in the world by the
profits of this trade. No tariff wall is
raised by her to prevent free ingress
or egress of goods or persons ex-
cept a low tariff on a few articles for
revenue purposes. The Shaw school,
who have not yet passed through the
kindergarten stage of political econ
omy, would raise our tariff wall still
higher by the imposition of maximum
rates of tariff duties to force other
nations to lower their barriers against
our imports.
Shaw would consider a tariff for
revenue, which would vastly increase
our foreign trade, a device of the evil
one. For our people to be able to
buy cheap WOODEN goods instead of
mercerized cotton and shoddy from
the tariff-protected wooden trust would
be ruinous 70 producers and consum-
ers alike according to the perverted
theories Of Shaw. To allow iron and
steel and tools and agricultural i'm
plements and building material to be
imported under reduced duties would
strike down the profits of those gigan-
tic corporations, the steel trust, the
harvester trust and the lumber trust,
so that their magnates would be I'M
able, without a measure of self-sacri-
fee, to respond to the call of the Re-
publican campaign fund collector for
Doodle to save the country and "the
party" The specter of gaunt hunger
of the corporations, if the spoils Of
the trusts are reduced by tariff revis-
ion, haunts the waking and sleeping
moments Of trust guardians, such as
Shaw, when they think of what the
wicked Democrats would do to "the
great protected interests of the coun-
try" if installed in power. The sugar
trust would dissolve and it's luscious
contributions would no longer sweeten
the path Of the politicians, but it
would be sweeter to the people in the
form of cheaper sugar. The Standard
Oil trust, which Shaw enormously
has declared is not protected by the
tariff, would find it's enormous divi-
dends Of 40 per cent. go up in smoke
as sweet incense to those who have
compelled its profits to be reasonable
instead Of to be %plundered by it.
So it comes to this, the Republican
party has created conditions that they
fear to face, for the tariff taxed PEG.
pie are unable to pay high trust prices
for more goods than they are now
consuming and foreign nations have
raised a rival tariff wall against our
surplus products, To reform the tariff
would result in reducing trust profits
and not to revise the tariff will pre-
vent our getting access to expanding
foreign markets"
What a dilemma for the standpat
ters. 1t never seem to occur to these
worshipers of protectionism that tc
lower the tariff will reduce prices an6
thus allow millions of our people tc
buy more, They pirate of "our home
market" but the result of the trust
fostering tariff is to limit consump
ton by high prices and the surplus
created by the promise of enormous
profits Is becoming a menace to the