The Washington herald., 1909-07-02

a great fundamental IS al stake, II should
receive the earnest support of all an
sure that all hs7e have one common goaI.
nanely. better government 7 am sure,
from personal conversation with many
members OF this body. belonging 70 both
sides OF this House. and classified IN
the public mind some as insurgents and
some as reactiOnaries, that on mature
consideration we VIII al agree that the
publicity feature Incident 20 this measure
overshadOws all questions and details
and other considerations. and, 7 believe.
viii receive the unanimous support of
this body.
President Convinced AIdrich.
1T has been Claimed by q portion Of
the press that The very abe Senator
from Rhode Island. chairman of the Com
nittee Of Finance. has accepted this ad-
minisrraJiOD measure as a matter OF ex-
pediency. that he has wrested victory out
q defeat. that ne was opposed 70 the IN
come tax. and that. fearing It's passage,
he cajoled the President into lending the
administration s power IN substituting the
corporation net earnings tax for the IN
come tax This assumption s. an insult
20 the Intelligence Independence, hon
esty. and ability Of the Chief Executive
OF our nation and personally know 70 be
false Instead OF the Senator from Rhode
Island convincing the President as 70 the
desirability OF this legislation. I believe
I have seen the evolution coming on n
the mind OF the senior Senator from
Rhode Island, due % the Presidents pres
entaron . him 90 this opportunity for
better government and Uplift Of business
methods. and / have recognized with sad-
migauon the breadth CT mind O. the sen
ior Senator from Rhode Island IN his
willingness % lend his valuable and able
assistance IN securing legislation which,
on hrst presentation, was not IN accord
with his preconcefved notions I cannot
c-acur II the logic CT the deduction. made
oy some persons, accompanying the pres
entation OF this BIZ. thar the intention
is 70 make this an experimental OF TEN
porary measure and that Il viii be re-
pealed n the near future I unhesirat-
ingly predict thar with This law OF ths
statute book. II wiu remain for al tine.
The question OF revenue Is one OF SEQ
ondary consideration u Il be found
that the revenue be TOO large, the law
viii not be repealed. but may be rnodl-
red 50 that the amount CT the tax be re-
cuced. But the great fundamental %
publicity incident 10 this measure, when
once written on the statute book win for
ever remain and VII but prove the be
ginning OF the inauguration of legislation
toward the elimination OF what the peo-
PIE have SO long demanded. namely, the
regulation and control Of corporations.
Tariff Does Not Foster Monopoly.
Personally, attach but little in
portance 10 the schedules that may be
enacted BY Congress in this tariff bin.
To my mind there is but one fundamen-
tai question presented by the tariff bin.
namely. whether We stand for protec-
ton or free trade. As 7 understand the
chief criticism OF the high protection
opponents Is based upon the claim that
protection fosters monopoly What Is
monopoly? II is exclusive possession or
direct control OF supply and the result
ant power 10 tx prices. But how about
the demand2 The demand Is regulated
oy the necessity for and desirabilitv Of
the use OF the articles.
In my opinion. Il is impossible by leg
tslatiOn 10 create a mOnoplv on anv
manufactured product except where mo
tected by patent secret process. OF ab-
solute control OF the raw material A
temporary monopoly Immediately Incident
10 legislation, y productive OF large
profits, would be 6issipeted In a com
paratively short time BIZ domestic com
petition The pending tariff bill 10 nv
mind, In no case can OF does create BIZ
legislation absolute control OF raw ma
terlal, and therefore no matter what
rate OF duty might be put on q mann
factured product there IS no possfbilifv
OF monopiy being created and fostered
thereby. This statement viii be very re7-
orally disputed but any man who win
study the conditions and circumstances
which enable any concern 10 maintain 2
VIII discover that the OWNERSHIP
OF patents. possession OF secret processes 7
OF control OF raw material and not the
protective tariff, gives the trust its row.
er. The only exception 20 this rule has
been found IN the case OF CORPORATIONS
which violate law BY securing secret re-
bates or enjoyment OF special privileges. /
Hence the only two questions to be con
side1ed IN tariff legislation. are those OF 4
revenue and adequate protection 10 home 4
Industries.
Because OF these views and because
am protectionist IN ny attitude
toward home labor and industries. be-
ieving that protection means higher
wages. that higher wages mean better
----Sta1-A-Es ana because AlE. EreSiCelC I
have felt that the Committee on FL
lance had better opportunities for col
ating data, for greater experience as 70
low the tarfH can best be applied to p-o-
luce greatest good FOR the greatest num-
Der, and I myself having neither the
experience Information, or means OF OBJ
aiming data, have voted almost without
exception. IN support OF the committees
'ecommendations- The protective princi-
'ie is undoubtedly growing in this coun-
p. and the Republican national noras-
ICES received many thousands OF Demo
rate votes from those who believe that
'rotection 70 home industries is desirable
nd beneficial 70 the country.
What the Election Meant.
In my opinion, however. the great
forces controlling the last Pres
Dental election, and resulting in the re-
aarkabie Republican victory. were the
'roEnised perpetuauon OF the so-caned
Roosevelt policies. especially the rezuia-
Ion and control OF the corporations and
he conservation of our natural resources
ong desired BY the people, advocated and