The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1908-08-29
A VOTE FOR TRUSTS
is EVERY BALLOT CAST FOR RE.
PUBLICAN PRESIDENT.
Higher Tariff Rates Assured If Pres.
ent Party Is Continued in Power,
and Protected MonopoIies
Will Continue to Rob.

Ill PIotSStASh mao OSSh llIDooS
upon the American people by a set of
political charlatans working under the
guise of Republicanism. Protection
ism has had a fair trial and has at
last broken down of it's own weight.
The Republican party that became
obsessed by this devil of greed has
gone so far as to declare that protec-
ton produces prosperity, and yet the
words were hardly out Of its mouth
before tariff protection was helping to
produce the causes that eliminated in
a panic from which the country is
still suffering.
There is no true principle or science
in protection, but it stands for that in
fernal Republican doctrine that the
few shall profit at the expense of the
many. Under protectionism the manu-
featuring class is subsidized at the tx
pense of other classics, and very
naturally begot ~monopolies which we
call trusts. Foreign competition is
warded off by high import duties, so
that instead of the government col
letting all the tariff taxes most of the
tariff taxes are collected by the trusts,
for the less imports there are the
more the trusts are able to collect by
increasing the price of their products
to what the price of imported prod
ucts would be.
Still, some of the trusts are not sat
1sfied and want higher rates of duty,
because some people are so unpatri-
otto that they will buy imported
goods. So the Republican platform
has declared for a maximum tariff I'M
der which the rate will be so high IS
to be absolutely prohibitive and pre-
vent any importation of manufactured
goods.
With such. a promise of complete
monopoly of the home market, no
wonder the trusts stocks are selling
higher in Wall street, although under
the present panic conditions they are
doing but rs per cent, or less, of
normal business. To deceive the voters
and those who speculate in stocks, the
trust managers are trying to appear
prosperous. Sunshine clubs are busy,
through their press bureau, publishing
statements of works starting up, more
men being hired and goods being sold,
but after all these efforts, business
still drags, for high trust prices con-
tinue. The trusts control the markets
and plumber the people at their own
will, for competition is dead, protec-
tionism has killed it.
The price for this tariff protection
will be paid by the trusts in cam
paign contributions.
If the Republicans win at the COM
ing election the trusts will receive
their reward in greater protection. If
the Democrats succeed the tariff will
be revised and the trusts will be com
PEELED to reduce prices, which will
lead to greater consumption and
eventually much more prosperity than
rel known before. For it must be
remembered that tariff taxes are an
embargo on business and by raising
prices prevent the people from buy
ing, for a. man cannot spend more
money than he earns. The cheaper
goods are sold for, the more can be
bought and consumed.
The Republican idea that high
prices of manufactured products pro-
duce prosperity to anyone except the
trusts or manufacturers, is so absurd
that it is a wonder that any voter is
deceived by 1t. For instance, less
than one out of a hundred people are
able to wear or use wooden goods, be-
cause the price is too high. They have
to be satisfied with mercerized cotton |
and shoddy, with just enough wool, in
some cases, to deceive the eyes of the
buyers. Every n would like to use,
when winter comes, clothes made OF
call wool and a yard wide," but the
xariff-protected wooden trust is pro-
tected by the tariff in not only being
able to put down the price of wool, to
the farmer, but to keep up the price
of it's products to the consumers.
The beef trust has been reducing
the price of cattle and sheep and put
ting Up the price of beef and mutton, |