The daily sentinel., 1908-08-25
CLOSE OF
THE SPEECH

The following is a synopsis of the
concluding portion of Mr.. Bryan :
tariff speech
Mr.. Bryan stated that Mr.. Taft
did not refer to the platform demand
that wood pulp, print paper. lumber,
timber and logs be place upon the
free list, for the reason that the
president had sought. but sought in
vain, to have congress pass law en-
| bodying at least a part of this pub
lie demand.
Mr. Bryan took up what he called
the second step in the reduction of
the tariff, which he designated 'as
material reduction upon the neces-
sites of life, especially upon goods
competing with which American man
| ufactures as are sold abroad more
cheaply that at home" He entered
into an Interesting discussion of this
phase of the tariff question. He de-
clared that surely no one would OBJ
ject to the reduction being made on
articles which come into competition
with American manufactures which
are sold abroad more cheaply than
at home.
Mr.. Bryan then dealt upon Mr.
Tafts attack upon that portion of
the democratic platform which de-
clares that gradual reductions should
be made in such other schedules as
may be necessary to restore the tar
III to the revenue basis. Mr.. Bryan
gave some pointed illustrations show
ing wherein this method should be
employed.
The question of the right to tax
all of the people for the benefit of a
few was then discussed by the speak
err. He then took up- the question of
some manufacturers intimidating
their employees and areatening them
with reduction n wages unless a
party favorable to the system was
continued in power. He then cited
the action of the New York Leather
Betting Company sending out letters
to companies with which it has bust
ness deals, asking them to post in
their factories notice saying:
Believing that the election of
Taft and Sherman means safe and
conservative administration, the day
following the election we shall start
this plant on full. time and keep go
ing"
Mr.. Bryan brands this as a direct
attempt to influence the elect lon by
a bribe.
The nominee then takes up the
panic question, and, in most con-
vlncing way, discusses the panics of
io'o' 1000 ana i5ui, ana me threat
of another panic If the republican
party is not victorious in November.
He shows wherein a reduction of the
tariff and victory for the demo-
Gratis will have no tendency what
ever to bring on panic. Mr.. Bryan
states that the democratic plan does
no. contemplate an immediate change
from one system to another 1t Eek
pressly declares that the change shall
be gradual, and a gradual change is
only possible where the country is
satisfied with the results of each step
taken"
In closing his great speech. Mr..
Bryan says:
The whole aim OF our party is to
secure justice in taxation We be-
lieve that each individual should con-
tribute to the support of the govern
ment in proportion to the benefits
which he receives under the protec-
ton of the government. We believe
that revenue tariff, approached
gradually, according to the plan laid
down in our platform, will equalize
the burdens of taxation and that the
addition of an income tax will make
taxation still more equitable If the
republican party is to have the sup
port of those who find a pecuniary
profit In the exercise of the taxing
power as a private asset In their
business. we ought to have the sup
port of that large majority of the
people who produce the nations
wealth in time of peace, protect the
nations flag in time of war, and ask
for nothing from the government but
even-handed Justice