The Owosso times. (Owosso, Mich.) 1897-1926, 1910-05-20
PAYNE TARIFF LAW
PLEASES FORDNEY
MICH. CoNcREsSMAN's STRONG
STAND PAT SPEECH ATTRACTS
MUCH NOTICE.
BY Gregg


defense of the Payne tariff bill and an
nouncing his firm opposition to Presi
dent Taft's proposed tariff commission
Representative Joseph Fordney of Sag
inaw, a member of the ways and means
committee which framed the Payn,
tariff measure and of the conference
committee, in speech in the house this
afternoon paid his respects in no un
certain tone to the Republicanism Of
Senator Albert Beveridge of Indiana
Mr.. Fordney was unsparing in his
criticism of the senator from Indiana
calling attention to the inconsistencies
of the latter in this respect to his views
on the tariff.
There was an effort made to have Mr..
Fordney confine himself to the rules,
which prevent mention of the name OF
a colleague in either branch, but the
member from Michigan persisted that
he was within his own rights when he
took exception to remarks made by any
senator or member outside the halls of
congress. He was shen allowed to pro-
coed in his own way and his remarks
were greeted with loud applause during
the course of his speech.
Speaker Cannon and all the house
leaders paid. the strictest attention to
the speech, which is regarded as one of
the ablest that have yet been made in
the 1.-THE house in defense of the tariff
bill. Mr.. Fordney interspersed his re-
marks with several stories at the ex-
pense of the senator from Indiana, all
of which were enjoyed by members of
both sides of the chamber.
BEvERIDGE ASSAULTED PARTY.
Declaring that Senator Beveridge's
given reason for voting against the tar
iff bill was frivolous, unfounded and in
no way justifiable, Mr. Fordney declar-
ed that the senator from Indiana has
the Republican party and
held himself up to his constituents as a
martyr.
ITO write tariff law that will in
crease the wages of the laborers in the
rolling mills, the cotton mills, the wool
an mills or any other mills and reduce
TO the consumer the price of this labor's
product would be conundrum, said
Mr.. Fordney.
again, law that will increase the
income, his profits, and reduce
The price Of farm products, flour, meat
and butter, and all things necessary up.
IN every mans table is second conun-
lrum. The man who could do it would
Do the wonder of the world. He would
De a curiosity. Such, however, may be
'ound in the state of Indiana. Thomas
B. Reed said, this IS what l call ar
angling perfect tariff in your mind,
,ut unfortunately, tariff 80 arranged
las no extra territorial Jurisdiction
IF the gentleman believes that law
ould be made putting raw material
lpon the free list and putting them
here in an equitable manner to all con-
erned, why did he not propose such an
to the bill when it was be-
ore the senate? challenge the gen.
leman from Indiana to present such a
ill. His theory is not among possibil.
ties He would rob Peter to pay Paul
nd he seems to think such action
would be just and equitable.
"Mr. Speaker, wish to make few
emarks on the success of the new tariff |
aw. First of all, believe it to be a |
,ood law, better one than the one it |
ucceeded, under eqisting conditions.
first, because, at this early date after |
is enactment, the receipts of the fed
raj government have exceeded the ex
from the 9Th day of August
own to date, and all bids fair, in the
lear future, of its showing handsome
urplus in the treasury. This, too, while
ii must admit that the expenditures of
'ur government are the most liberal,
perhaps, of any country of the world.
There is no disputing the contention
If any man with common knowledge of
he true situation that there was never
/ time in the history of this country
when the agriculturists were more pros
perous than they are now. Prices of
svery article produced on the farm are
nigh, while prices for manufactured
articles are but reasonable. Therefore
everything the farmer has for sale de.
nands higher price in the market,
Ind, based on the value of his products,
his power to purchase the things he
must buy and does not produce is great.
,r than ever before in our history. Sup
ply and demand are two great factors
n fixing prices on all kinds of products
n this and every other country in the
world
Whether or not the readjustment of
he tariff rates as fixed in the Payne bill
was wise or unwise, we must wait de-
before passing final judg.
ment. Increased importations, how
ever give rise to good reasons for sus.
picion that the same have been encour.
aged by the lower rates of duty, lower