The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1911-06-12

tiulDeI anu pIOteCI his honith, IL tho
lining is of wool, he is forced to pay,
not the 80 cents duty imposed upon
rubber goods, but the "A cents and go
per cent advalorem duty imposed upon
wooden goods under this schedule.
I'm this connection, want to insert
In my remarks some statements made
by the late Senator from Iowa, Mr..
Dolliver, together with some criticisms
made to him on the present schedule,
by Republican protectionist.
Republican System.
"Mr. Chairman, It cannot longer be
doubted that the Republican
system of protection enriches one
class by robbing another. It concen-
trates wealth in the hands of a few,
while It depleted the savings of the
many. It causes the flow Of wealth
from certain sections and classes to
certain other sections and classes.
by the very laws Of nature we
know that good and perfect health
is maintained only by the free circula-
ton of the blood to all parts of the
body, and that, should congestion set
in at any one part Of the body, the
circulation must be restored or disease
and death will inevitably follow.
"Just SO with the circulation In our
commercial life. When we allow its
free circulation by inequality Of tax
alton and special privilege thereby
causing the circulation Of wealth to
congest and concentrate In the hands
of few. Then unless the remedy is
applied and free circulation restored
disease and death to our whole com
mercial and political system will
speedily and inevitably follow.
Wealth Of Country.
'Under the census report of 1904 the
: wealth of our couitry was s107, 104,
,917 and 10 per cent Of this amour
. was owned by less people than live
II within my District while only 80 pc
y cent was owned by S5,517,23o people.
81 am informed that when the direc
tors of the United States Trust meet
one-twelfth of the total wealth of tn
u country is gathered there.
:, Five thousand men actually ow
- one-sixth of the entire wealth of on
country.
% IT desire to embody in my remark
= the following statistics Of seven CO.
porations of the country, that with
the past 10 years, under the benign il
- fuence of your protective tariff systel
have grown in capitalization to $2,70s
~ 43S,754. II is shown also, that with
:, that time they have acquired contr,
- of 1888 competitive plants.
"And while these gigantic trus
- were framed and have grown und,
= the protective tariff granted them {
= various articles of manufacture, IL
=. present high tariff on wool has CO
80 tributed its just share to the erectiC
:. of monopolistic citadels.
"In the last preliminary report
the Bureau of the Census, on worstt
ard wooden goods, the statistics sho
III that in 1899 there were 1921 esta
Is lishments In 1909 the number h,
is, decreased to 913. And although
ne ten years the number of estahlis
. ments had decreased 30S, the san
statement showed that the capital Ell
ployed in worsted industries in 18
was 1888, 554 900. while in 1909 IT h;
R increased to s415,416,0 00-showil
that protection destroys competiti,
and concentrates wealth.
"The further startling facts are
,o.- vealed in that report; worsted suitin
increased in price within that tin
pr. &c per cent worsted dress goods, 9
rye per cent, and italian 'worsted clio
rha 800 per cent
lny mo wonder then that with the pri
nd of wooden goods increased in ten yea
from double to treble to the consume
iii, that the American Wooden Compa
rtv and other manufacturers of wool
the goods have been able to rob the Am
rite lean people out of millions OF dolla
nr "Since 1899, when the Americ
ns. Wooden COMPANY was organized