Manchester Democrat., 1910-01-12

we could get them as We'll and much
cheaper by Importation? Shall we
SADDLE ourselves forever with this
systematic charity? There are other
Industries not yet fully developed. tic
which protection can honestly and
consistently be extended until such
time as they shall seem ready for
Independence. There are res ources
not yet exploited whose exploitation
may take time and many need the
covert of tariffs. What We need, in
brief, is knowledge of the actual facts
in respect of each industry and the
hopesty to act upon those facts whe!
We have ascertained them.
Eut how shall we act upon them?
Certainly not by rapid and radical
changes in our present tariffs, but by
Such a prolonged and steady change
as will bring about an adaptation of
the fiscal policy of the Government
u tie real needs and circumstances
of orr manufacturing and laboring
ic'a:ses, with a view ultimately to
se' upon this basis; the taxation for
the support of the Government of
things for which it will not be real
3r.adship to pay high prices; if tax
es upon these do not suffice, the
taxation of those things which it will
least burden the people to pay for,
things not absolute necessaries, thing
Which they can do without suffering
or privation; and throughout the
whole process an honest seeking for
the things which will yield the most
revenue with the least burden to the
people.
/ Necessity Of Federal Tax.
It is necessary under our dual sys-
tenn OF government that the Federal
Government should depend upon tax
es OF this sort, for the most part, for
its support and that almost all direct
taxes should be left to the States
for their maintenance and develop
ment. And it seems perfectly CON
sistent and legitimate principle t.
allow the element of incidental pro-
lection to come in, wherever 1t may
be brought In without being a mere
subsidy and without cramping and
embarrassing the life of ordinary pur.
chasers. There could be no iniustic,
in policy such as | have outlined.
LII 1t we're undertaken by respon-
sible party and adhered to with cour.
age and consistency. The industries
of the country could easily adjust
themselves. If proper time were al.
lowed for the process.
Apply our principle of government
for tho sake of Justice and deyelop-
mept 10 the trust question and OBJ
serve what 1t will Weld. We are at
present trying the very hazardous ex-
pertinent oil reeulating trusts In one
OF stsner- ot-stWo.s why's, IN sine flrst
place. we are attempting to restrain
them from forms OF organization and
course OF action winch are against
the general interest py the compui-
sion OF fines and penalties. These
lihes ana pehaiues geheraily ran. II
paia' not upon ttie lhaivlduais re-
sponsapie' put upon the stockholders,
VINO uhder our present extraordinary
ADMINISTRATOR OF the law, are With
out any real power to control the
business they nomlnaliy own. Fines
aiso operate 10 take out OF lesau-
tnate business large sums OF money
OF which the public treasury is not
IN need and whose wlthdrawal en-
oaf'asses the seneFai processes oI
trade ana mahuracture. II is means
oi regulating ~nlch SO far mas GER
Nalhly not accomplished its OBJECTS.
Present Methods Pernicious.
The other means by which we seek
control is the government of public
service corporations, as we have
come to call them, through commits
:!ons. We have carried this method
so far that We have virtually gone
the length of debating their man.
agement, which carries us very much
beyond the point OF mere control
We undertake through commissions
to dictate to those corporations the
methods and means by which they
shall conduct their business and we
threaten them with penalties of the
severest sort If they do not obey the
directions given them. These diree'
tions may or may not have regard to
the possibilities of the case may
force upon those corporations poll
cies and measures which VIII render
their business Nnprofitable; and yet
the government which dictates con
sents to no responsibility IN the mat
ter and has calmly adopted TIE pol
icy OF rule even II II involves ruin.
No do not Gao tho cipnificanpn nj