The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1908-11-25
Claims Infant Industries" No
Longer Need Protection.
Says Steel and Oil Duties Should
Be Abolished, and Urges Tariff
for Revenue and an Increase in
Taxes on important Articles
Consumed by the Rich.

fortune under protective tariff,
claims that there is no longer any
need of protecting our one time
Infant industries which have
now grown to lusty maturity; that
duties on manufactured articles
ought to be greatly reduced, pro-
tective duties of steel and oil to-
gether abolished and "duties for
revenue" increased on imported
Injuries consumed by the rich.
These amazing statements from
a man supposed to be "died-in
the-wool" protectionist, Mr.. Car
negie makes in mis- article, "My
Experience with and Views Upon
the Tariff" which will appear in
the December issue of the Cen
fury Magazine, to be published
November %, in which, after
sketchlng the development OF
American protection and relating
inside stories of tariff legislation
in Congress, he arrays the facts
and arguments which convince
him that the day of tariff for pro
lection in America is gone, and
that, in general, such duties should
be greatly decreased, abolished in
many cases, and duties increased
on impoi tant luxuries.
In spite of this radical stand
point Mr.. Carnegie maintains he
is still as much as a prOtectionist
(where protection is really needed)
as he ever was and that he has not
changed one iota since he has form
ed clear and definite view in re-
gard to protection. He furthur
states that President Mckinley |
was of "our school of protection
ists," strong for protection where
needed, "but equally strong in
abolishing unnecessary duties"
Pointing out that the Mckinley |
bill, generally considered highly |
protective, really reduced duties
on steel rails, beams, structural
shapes, nails, forgings, ETC., Mr..
Carnegie goes on to narrate the
part he himself played in making
out lists reducing iron and steel
duties in connection with the Will
son and other tariff reform bills,
and shows how two distinguished
Democratic leaders, Senators Cor
man and Gov. Flower, helped to
defeat tn" Revolutionary features
of the Wilson bill and yet obtain
ed thorough and juducious re-
form, reducing duties on iron and
steel One-t third.
Regarding the present status of
the steel industry, the master of
of Skibo castle says, 'the writer
has co-operated in making the sew
eral reductions as steel manufact-
urers became able to bear reduc-
ton. Today they need no protec-
ton, unless perhaps in some new
specialties unknown to the writer,
because steel is now produced
cheaper here than anywhere else
Notwithstanding the higher wages
paid per man. Not a ton Of steel
is produced in the world at as
small an outlay for labor as in our
own country" and from his ex-
perience as steel maker, he
arrays facts and conditions that
explain the paradox of "high
wages" and CLOVER cost for labor"
He is as positive on oil as on
steel, and concludes his apparently
enthusiastic discussion of the pro
tective and retalitory oil duty with
the statement, "The oil produc-
ers, like the steel producers, of
cur country need no protection
from the products of other lands. "
"My Experience with, and
Views Upon the Tariff" most earn
estly champions tariff for revenue
and from Mr.. Carnegie's state
ments and Endorsement of this we
quote: