The Republican. [volume] (Mountain Home, Idaho) 1903-1909, 1908-08-15
7 AIuE On TIE TARIFF
Republicans May Declare For
Revision.
TO MAKE TRADE AGREEMENTS

But 1t Will Be Minimum and Maxi
mum Tariff, and tho Principle Of
Protection to Our Labor and Indus
tries VIII Be Maintained.
The following from the recent speech
OF Chairman Payne of the ways and
means committee shows the position
the Republicans will take on the tariff
question:
Mr. Chairman, have spoken much
longer than | intended to speak, |
have much more that thought
would say before | commenced, but
viii not take the time or trespass on
the committee any further. The Re-
publican party will be at the polls next
November with "A platform that means
something They will declare them
selves on the tariff question In no I'M
certain sound. | do not mind saying
today that 1t seems to me that they
viii declare for a revision of the tariff
and that the strongest reason impelling
them to that declaration will be the
a
minimum tariff for the purpose of me-
gotiating proper trade agreements with
the nations of the earth
But If we have maximum and mini
mum tariff and the Republican party
passes II that minimum will be pro-
iectiye tariff to every American In
dustry and to every American .lahorer
In the United States, The maximum
viii be higher, and In doing this we
can be successfully accused of purloin-
Ing some Of the idea from Germany
and France and Russia, each of which
countries has the same kind of maxi
mum and minimum tariff.
BY the way, here comes a bill that
was not introduced by the gentleman
from Mississippi, aud In the last con-
gress he repudiated the idea, but he
does not seem to have squelched the
bill. This was introduced by that emf
nent Democrat Mr., Lamar Of Florida
Ito levy and collect an import duty on
long staple cotton imported Into the
United States from foreign countries.
10 cents pound on lint and Q cents a
pound on seed"
| do not know which gentleman rep
resents the Democratic party, whether
II Is the present leader, soon to go into
the coordinate branch, or whether II IL
the gentleman from Florida, who.
understand, has his eyes on seat In
the coordinate branch, but the "har-
m0ny" of these brethren on this great
question is something that we can con-
know they have good many ways Of
looking at the tariff question. II Is
not long ago | can remember, one of
them-he does not like to have that
quoted on him now, and am not 20
Ing to speak about that-who said IL
he could have his way he would throw
down all the custom houses In the Unit |
ed States from turret TO foundation |
stone"
or course my genial friend modi ed |
1t afterward, because the brethren told
bin it would not do to have such a
doctrine as that come from such Il
prominent Democrat. They say he Is
to be the leader of the Democracy In
the next house wonder what Kind
of a tariff bill he will introduce when
he gets into that position.
Mr. Chairman, under the Dingley bill
we have had twelve years Of unexam-
pied prosperity 1t is true that disaster
overlook us In the latter part of the
summer. 1t is true that men lost their
heads and rushed to the banks to draw
out their deposits 1t Is true that some
banks boarded the money that was in
their vaults. 1t is true that rich and
poor erred In this respect. Now money
Is abundant. The treasury did not
have to so out In the market and sell
It's bonds at 10 per cent below the
market price In order to get gold to
put into the treasury and to answer the
demands ON the treasury. The Cleve-
land administration sold $182 600 900
Of bonds.
The bonds we put out last autumn
were put out for the purpose of giving
the people more currency. We did not
have to do 1t. We had a surplus OF con-
siderably over 100000, 600 In the treas
ary at the time, and the soundness Of
The treasury and the fact that people
Ill over the land had been at work for
years and the farmers were never 90
all over the United States
IRE now augurles that the panic cannot
last and survive these healthy condi
tons in the body polite. II new COM
plications arise 1t may perhaps delay (.
The coming and revival of the good
times we had before the panic came,
but the people of the United States will
zee that 1t was not because OF an empty
It was not because OF the loss
IF faith by the peopls In any part Il