Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1908-09-07

in our sisterhood of states, that we
must shape our policies to conform to
| the whimsicalities of our younger sister
| we had better stop increasing the FAM
| lily. We are unalterably opposed to this
plank of the Democratic platform be-
cause it is manifestly unfair to insure
! depoSitors against losses by the bank
| and not insure banks against losses
| through it's depositors, and we take the
higher position that no federal law
shall ever be enacted that is not based
upon the broadcast principles of equity
and justice for all concerned.
| The advocacy of this impractical and
one-sided proposition gives us true
standard by which we can measure the
intellect and craftsmanship Of the
meteoric Nebraskan, and stamps him
not only as a shallow, babbling dema-
| gogue but is gratifying confederation
of Mr.. Watson,s charge that he Is
trucker to power and traitor to the
| masses"
| The next garment in Mr.. Bryan's po-
| litical suitcase that called for our OK
| animation is known as tariff for
| revenue only" and is by no means
| a novelty 1t Is mere reproduction OF
| the Wilson, German model and was
used as a garment of mourning during
| the bligrting period of the last Demo-
cratic national administration. 1t is
however, by all odds, the most import
ant vital and paramount issue in this
campaign We may turn a deaf ear to
| the question shall the people
rule" we may complacently disre-
gard the insurance of nation
al bank deposits" we might even
acquiesce in the election of United
States senators by popular vote
though opposed to the wisdom of the
| trainers of the Constitution, but when
Democracy proposes to substitute a
revenue tariff for the Republican tariff
Of protection to American industries
and thereby to American labor, an
aroused people will cry Halt" for
they will realize that it strikes at the
very root of our unequalled progress
and at the very foundation of our mar
Hellous development.
I am not with you here tonight as
q specialist on the tariff. l have not
waded through musty tones that deal
with theories and not conditions. But
from careful observations and an I'M
hood l know that a protective tariff
has made this countdy strong and
great, that it has given more work to
men at higher wages than any other
nation. that it cannot be superseded by
a tariff for revenue only without de-
triment to every industry and arrest
ing, if not totally destroy the unpre-
cendented prosperity of the past 10
years.
Why-this whole great country of
ours was built up through the berc-
ticent operation of protective tariff, |
and what, after all, is a protective |
tariff. 1t is simply that we place d
tax or tariff on such articles coming |
from other countries as we ourselves |
can produce in this country, and there
by not only protect our own manufac- |
turing industries, but what is more inl- |
portant. protect the American workman
from the undcrpaid, and underfed la
Dor OF other lands. 1t is nothing more |
or less than d mere question of labor. |
1t means simply that we shall make in |
this country everything that we may |
heed and making things here that |
other countries may need, and in its |
ultimate analysis it is simply a CUES
ton of doing our own work. The |
workings of d protective tariff was
perhaps best Illustrated by the great |
emancipation when he said: "All
know about a protective tariff is this:
That if we buy a machine in England |
and bring it over to this country we
get the machine and England gets the
money. If we buy machine in this
country we keep both the money and
the machine right With u.s.
Twelve wears ago in memorable cam
paign which none of us shall ever forget
our country was stepped in the lowlands
Of !anguishing trade and fioundering on
the QuagmreS of commercial distress.
The Republican party and William Nc
Kinley offered hundred cent dollar and
protective tariff as the true remedy for
William Jennings Bryan contended that
50-cent dollars. the free and unlimited
coinage of silver and a tariff for revenue
only, was the sure cure. With the aid Of
Almighty God and the intelligence of the
American people we elected immortal Nc
Kin!ey and four months after his inau-
gurat ton a Republican Congress passed
that talismanic trade reviver, the Nelson
Dingley tariff bill, which brought to the
country an astounding prosperity, and to
its author and franer a deserved and
glorious Immortality The blessed and
precious pen with which William McKin-
ley signed the bill had scarcely left his
hand when the whole country was ablaze
with the glory of a financial and INDUS
trial regeneration That bill put new life
into every paralyzed spindle. i. bright
ened the heavens with furnace-fired il
luminations. 1t even enlarged the clouds
with smokes from never-closng factories,
it turned want into plenty, ideness into
industry, bankruptcy into solvercy the
common people into capitalists, and
grandly made this nation the workshop
for the whole wide world, All but we
are told that the tariff is the mother of
trusts, and that, therefore, she must die.
Now we all know that in maternal cases
physicians frequently ind it necessary to
sacrifice the life OF the infant in order that
the life of the mother may be saved but
according to Mr.. Bryans obstetrics he
would have us xii! both the mother and
the child and ono cannot ono