The herald and news. [volume] (Newberry S.C.) 1903-1937, 1909-06-29

plOuUSN. Nv lAASy AAoO
high duties on manufactured articles
** I am actuated by no narrow
prejudice and my mind is free from
every taint of sectional animosity; but
T shall never consent to give free
trade to a people who impose protec-
ton on everybody else. shall reso-
lutely stand here and insist that
those who apply protection to others
shall not be suffered to escape it them
selyes.'
In another connection, MIR. Bailey
declared that be could not answer to
his Judgment and his conscience as a
Democrat for voting to put lumber
on tho free list, while glass, hardware,
cement, paint, and ever~"ther neees-
sary material are subject to t. '~tv Of
more than thirty per cent.
Saying that he had been told that,
free iron ore would stimulate the In
dependent steel companies, Mr.. Bailey
declared that "there is only a SEM
blace Of competition between the
steel trust and these so-called inde~
pendent companies" " His informa-
ton was that the price list Of the IN
dependent companies read like copies
of those Of the trust, a fact which, he
said, had led to open charge that
there is an agreement between them:
He himself did not make that charge,
but merely referred to it, but he con-
tended that whether true or not COM
petition would MT be obtained by the
removal of the duty on iron ore.
Mr.. Bailey again declared that the
offenses of the trusts could not be
reached through the tariff and by ex-
emptions from duty of raw material.
On this point, he said, "to construe
the Democratic demand that trust
controlled articles shall be placed on
the free list as requiring US to exempt
raw materials from duty is to make
our party ridiculous in the eyes OF all
intelligent men. Such law will
neither hurt the trusts nor help the
people, because it will not increase the
manufacturer cost Of production or
reduce the price Of his finished pro-
duet. So far as the Democratic party
can deal with the trust question
through tariff legislation it would re-
move tariff duties from the finished
products, because that will reduce
their price, thus hurting the trusts
and helping the people at the same
time. As every senator knows, hold
tenaciously to the opinion that the
only way to destroy the trusts now
in existence and to prevent the forma-
ton Of others is to send the men who
organize and operate them to the pen
itentiary, and I am confident that the
next few years will bring all men to
concur in my opinion. But while l
am waiting for that time to come, and
ignoring the embarrassment which
will arise from the loss Of revenue, l
am ready to put the finished product
of every trust in America on the tree
list: but I utterly refuse to insult
the intelligence Of my countrymen by
asking them to believe that l help
the people by levying duty on what
they buy from the trusts a. ttat l
hurt the trusts by removing the duty
on what they buy from the people.
N4r. Bailey's speech was in the
main devoted to an effort to show that
free raw material was not cardinal
Democratic doctrine and that he had
never advocated such doctrine. He
was willing to admit that during the
time when Mr.. Cleveland and his
friends dominated our party, they
did commit it to the supreme folly OF
giving our manufacturers free trade