The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-04-27
BAILEY SPEAKS
IN OPPOSITION
OF TARIFF BILL
Texas Senator UtterS Strong
DenunCiatiOnS of the Prin-
CipIe of Protective Tariff.
ANSWERS THE SENATORS
WHO INTERRUPT HIM
TAKES MONEY FROM ONE MAN
TO ENCOURAGE ANOTHER IN
UNPROFITABLE BUSINESS.


the principle Of a protective tariff as
unfair i'm taking money from one man
90 give it to unotho~ in order to en-
courage him in the pursuit of an other
wise Improbable business. Senator
Bailey of Texas today delivered a
speech on the Democratic side in oppo-
sfrf0u of the pending tariff bill.
After he had proceeded without inter
rauti0n for more than an hour. several
senator's engaged i'm colloQuies with
him. Referring to MI. Bailey's state
ments that the duties of the pending
BIN might be SO 1-3 per cent. Mr.. AID
rich asked whether he supposed the
profits of American industries equalled
that amount
1Tr. Bailey replied that in the case
Of the United States Steel corporation
he believed they had, and cited the in
creased capitalization of that organi-
zstiou as an evidence of enormous
profit He insisted that such a lower
ing of the rate of duty would not ser
i0Usly affect impOrtatiOns because he
believed American manufacturers
would be stimulated by the added for
e.gu competition and would continue
to supply the markets.
AIr. Bailey discussed his amendment
providing for an income tax which was
.tIlENLNEA UF MI AAtI iNll % AEGulttE 10
reduce the protection for American
labor if it should result in a proper
tomato decrease of customs duties.
Mr.. Bailey favored restriction of inn
migration as d protection TO American
labor
Mr. Aldrich retorted that while Mr.
Bailey was ready TO keep the foreign
labOrer from our shores. he was not
averse to allowing the product of this
cheap labor to come in competition with
The product Of American vorkingmen.
Mr.. Bailey VIII resume tomorrow,
when he VIII devote his attention to
the purely legal aspects Of an Income
tax law.
Opposes Commission.
In beginning his tax Mir. Bailey
first took up the proposition
70 turn over 10 a tariff commission
the consideration of the schedules of
the tariff bill, commenting on which.
he declared, he did not believe in
turning over to political euuuchs" the
consideration OF such a great question
even though they were so impartial as
20 entertain no aversion for what is
bad or preference for what is good.
The question of taxation. he said. had
always engaged the attention of states
men and he did not believe i'm with
drawing ii from the people to place it in
the hands of a commission. He would
rrt. he said. at this time discuss free
trade which he declared was impossible
iu this country.
'I do not hesitate TO say" he added.
that I believe in taxing wealth in
stead Of consumption and if it were in
my power ] would compel every man
10 contribute towards the support of
This great government according to
what he has and not according TO what
le wants"
Mr.. Bailey said if he could do so he
would abolish all tariff duties and sup
port the government by the same gen
eraI system Of taxation that exists in
the different states. but the restrictions
Of the constitution i'm its limitation
apon direct taxation would make that
policy impossible. and he would not
disturb that restriction if he could do
So. That restriction would make the
citizen of some states pay a higher
oaiy than the citizens of other states.
and without direct taxation which. for
that reason, becomes impossible. IT
would not be possible TO raise enough
money by any form Of taxation without
custom duties
The Protective Tariff.
h~-A-.. .'L lllt BLAAlllABlt OF the pro-
e'uFe tariff. Mr. Bailey said;
If your law ended when il gave
YOUR fellow citizen an advantage over
me citizens of another country 1 would
o. one Of its most ardent supporters.
E-l Dc does not end there. because its
inevitable effect is to give a few of our
.e."" citizens an enormous advantage
over others of our countrymen."
The practical effect. he said. was to
give bounty TO the favored manufac-
tuer.
His Amendment
Referring 10 his proposed amendment
-"I am income tax, he directed his re-
marks 10 Senator Aldrich and sad
Iara was a time when such a propo-
e.-GE was described as a plan To re-
distribute fortunes. But" he added
Jle senator from Rhode Island when
DE recently referred to this proposed
TAX torebore to repeat that statement.
because he would have had to settle
aIl some fifteen or twenty of the
men Of greatest ability and highest
-.ara1ter on this side Of the chamber
ana .t was with Difference to them. and
-'. lo save sensitive natures that he
tented himself with saying that
>-.- tax should not be levied be
cause 10 was not necessary, as the bill
-e reported to the senate would raise
enough revenue without this income
a-r- Bailey insisted that the senator
.H Rhode Island did not escape the
-.00'ratic argument by any such
-.aleHont as that. He said if the bin
Would raise enough money to support
~" SoverT meut. taxation from this
.9-.ea could be reduced in proportion
inc amount of revenue raised by the !
-1omr tax.
Tic secuted the idea that lowering /
VI customs taxes would increase rev
-.ee and declared it would only re- |
lil n causing the American manufac- !
---er TO reduce the price of his article /
--l 70 reduce his profits already so 1
..---l1llnous as TO stagser the lima gina /
Do YOU ask me to believe that theI
s-5at steel corporation could not havei
Continued or Page 2.