Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1907-01-15
Queer Philosophy.

culiar and generally haruful ideas on
those willing to listen to him. As soon
as he retires to private life he will
be as harmless as a sucking dove or a
cooling pigeon. But while he is Secre-
tary OF the Treasury he Is certain of
an audience TO some extent, so his ut
terances have to be noticed, and when
likely 70 do harm criticised. In a
speech the other day at the Commercial
Congress at Kansas City he expressed
his anxiety lest while we delay In get
ting access to expanding foreign mar
kets our surplus of products will set
back upon US like a belated tide, TO the
inundation and swapping of our pros
perity, 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 exporting
them He cannot see that reduced
prices will lead to greater home con-
sumption Shaw in his economic cogi-
tstions has no place for imports; he
wants the pauper of Europe TO buy,
but thinks It an impertinence for him
to sell to us But fortunately the Shaw
school of economics is scorned by the
worlds traders and reciprocity of trade
Is a necessity, except for such raw
products as are needed, that are not
natural products of the importing ma
10 yafco1 IN ct1ffpiQnf
quantity to supply the home necessi-
ties. Those necessities like cotton,
corn and wheat, must be bought by the
nation needing them, and protective
tariffs play but little part in their gen
eral world distribution.
The Shaw cry is export! export!
but he would prevent imports He
pays no attention TO the fact that Eng
land, the greatest trading nation, Is
always importing more than she is ex-
porting, and has become the richest
country in the world by the profits on
this trade No tariff wall is raised
by her to prevent free ingress or egress
of goods or persons except low tariff
on a few articles for revenue purposes.
The Shaw school, who have not yet
passed through the kindergarten stage
of political economy, would raise our
tariff wal, still higher by the imposi-
ton of maximum rates of tariff duties
to force other nations to lower their
barriers against our imports.
CT o,fHr ar
revenue, which would vastly increase
our foreign trade, device of the Evil
One For our people to be able to buy
cheap wooden goods instead Of mercer
ICED cotton and shoddy from the tar
Unprotected wooden trust would be
ruinous TO producers and consumers
alike, according to the perverted theo-
ries of Shaw. To allow iron and steel
and tools and agricultural implements
and building material to be imported
under reduced duties would strike
down the profits Of those gigantic cor
porations the Steel Trust, the Har-
vester Trust and the Lumber Trust, so
that their magnates would be unable,
without a measure of self-sacrifice, to
respond to the call of the Republican
campaign fund collector for Doodle to
save the country and "the party" The
spectre of gaunt hunger of the cor
porations, If the spoils Of the trusts
are reduced by tariff revision, haunts
the waking and sleeping moments Of
Jof VIII
they think of what the wicked Demo
Gratis would do to 1.-THE great protected
interests of the country" if installed
in power. The Sugar Trust would dis
solve and its luscious contributions
would no longer sweeten the path of
the politicians, but 1t 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 its
enormous dividends of 40 per cent go
up in smoke as sweet license 70 those
who have compelled is profits to be
reasonable instead of to be plundered
by 1t.
And so the list Of trusts might be
gone over and the Shaw heart riven by
the tales of woe Of trust magnates and
Republican campaign leaders alike, of
the evil days that will succeed the fat
and prosperous years for the protected
trusts. The standpatters may stand
aghast at our surplus of products, but
the consumers will regard such plenty
with equanimity as the club that will
beat down monopoly.
So it comes to this, the Republican
party has created conditions that they
fear to face, for the tariff taxed people
are unable to pay high trust prices for
more goods than they are now consum-
Ing, and foreign nations have raised
rival tariff wall against our surplus
products. To reform the tariff would
result in reducing trust profits and not
to revise the tariff will prevent our
getting access to expanding foreign
markets."
What dilemma for the standpat-
tiers. 1t never seems to occur to these
worshipers of protectionism that to
lower the tariff will reduce prices and
thus allow millions of our people to
buy more They pirate of "our home
market" but the result of the trust
fostering tariff is to limit consumption
by high prices, and the surplus created
by the promise of enormous profits is
becoming a menace to the system they
have built up.
Increase of Salaries.
The representatives of the people IN
Congress did not have the gall TO in
crease their own salaries, although over
100 Republicans voted for it, but the
solid Democratic vote defeated the
raise The whole question Of govern
mont salaries sl.yuid no taken nm To-