The Denison review. [volume] (Denison, Iowa) 1867-current, 1910-06-01
REPuHLlcANisM.

What are the cardinal, principles of
Republicanism?
Protection, sound money. and con-
troll of trusts, railways and corpora
|tions.
The republican party is the only
party that has ever tried to control
trusts and curb corporations, and re-
publican administrations have made
good progress in doing that.
What is protection? h
It is charging the foreigner for
coming into the United States mar
kets. The principle is the same as
where the municipality or county i'm
poses license on an itinerant mer-
chant.
{ By what method is the rate deter.
mined?
By charging the. foreigner a suffi-
cient amount to cover the difference
in cost of production at home over
the cost abroad, adding a reasonable
profit for the home producer.
Why does 1t cost more to produce
things in the United States than it
does abroad?
Because of the high wage paid to
Americans.
What would be the effect If our
markets were thrown open to the for
|eign producer?
It would increase the American
wage and materially lower our stand
ard of living.
Has the country been prosperous
under protective laws?
Yes; this is the history of our ma
tional life...
How would it effect Iowa farmers?.
The Canadian farmers are much
nearer our great centers of population
than the Iowa farmer, and would have
la corresponding advantage over the
Iowa farmer, resulting Of course in
decreased prices for farm products.
What is the stand Of the republican
party with reference to Canada?
Reciprocity in non-competitive pro-
ducts; that is, admission Of those
Canadian products that do not come
Into competition with our farmers and
our wage earners.
Have we ever tried democratic mol.
icies?
And why did prices go SO low?
Importation of foreign made goods,
produced by cheap labor. closed out
factories. threw men out Of employ
ment. and wage earners in this coun-
TRY had nothing to buy with.
Under President Mckinley, a re-
publican congress enacted the Dingley
law, q protective tariff law.
| What was the result?
The factories were opened, the
wheels began to turn, and the army
of idle men again became active pro
[ducers.
Did the legislation help the home
market?
Oh yes; when you give an Ameri-
can employment at a good wage he
becomes consumer, and the 5000,
900 who had been starving and living
in soup houses at once began the pur-
chase Of products from the Iowa farms,
Did prices increase?
Certainly. the demand increased,
and when the demand increases the
prices go up.
Yes. and with the demand the
wage increased.
Have we been living under pro
Elective tariff laws since 1872
Yes.
Has the country been prosperous?
No doubt it has.
Has not living been higher during
this time?
That Is true; prices have increased
with the increased demand. and this
demand has been caused by the In.
Creased ability Of the people to pur.
chase.
On what class Of products has this
increase been greatest?
On the products from the farm
which have more than doubled; on q
great many things trebled, and on
some Quadrupled.
Has the price Of products Of factor.
les increased?
Yes. but the increase has not been
nearly SO great as on the products Of
1.-THE farm.
With the increase in price Of pro
ducts Of the farm so much create,
than the increase in the price Of the
products Of the factory. has the far
mer been the beneficiary?
Most assuredly. The purchasing
power of bushel Of corn. or bushe
LOT wheat. q pound Of pork. or any
lother product Of the farm is more
than double what 1t was In the good
IOld democratic. fimea