The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1912-08-06

OtneT WOfOs, cOusi0srtuR only IeuuCe
tions on dntiabIe goods, the reduction
in duties from the Dingley bill 10 the
Payne bill was 10 per cent and con-
sidcring both free and dutiable reduc-
tions they amounted to q per cent.
The Tariff Board.
Under the provisions Of the Payne
bill was able to appoint tarln
board to make Investigations into each
schedule with n view 10 determining
the cost Of production here and the
cost of production abroad of the arti-
cles named in the schedule In order TO
enable congress In adjusting this
schedule to know what rate Of duty
was necessary to prevent destructive
competition from European countries
and the closing mp Of our mills and
other sources Of production.
In the making Of the Payne bill con
gress did not have the advantage OF
the report OF the tariff board showing
the exact facts. II II had the bill
would have been constructed on O
better basis. but we now have had the
tariff board working, and II has made
and the manufacture Of woolens in
this country and in all the countries
abroad and has given the same data
as to the manufacture Of cotton. II
the Republican party had control OF
the house OF representatives there
would be no difficulty now In passing
n wooden bill such as indeed as has
been proposed by the Republicans IN
the house. reducing the duty on wool
and on woolens to such degree as
not to include more than enough to
enable the wool industry and the wool
en- industry to live and produce a
reasonable profit. The same thing IL
true with respect to the cotton indus
try.
On the other hand. our opponents.
the Democrats, have presented to me
for my signature a woOlen bill and a
cotton bill, both Of which IL allowed to
become a law. as the reports of the
tariff board show. would have made
such u radical cut in the rates on many
woOlen and cotton manufactures as
seriously to interfere with those indus
tries In this country. This would have
forced a transfer Of the manufacture
to England and Germany and other
foreign countries.
Result Of Democratic Success.
II the result Of the election were tC
I put the Democrats completely In con
. troll of all branches Of the government
then we may look for the reduction Of
. duties upon all those articles the man
ufacture OF which need protection ant
may anticipate serious injury to {
. large part OF our manufacturing indus
: try. We would not have TO wait fo
/. actual legislation on this subject. Tn,
very prospect Of Democratic success
. when its policy toward our great pro
n tected Industries became understood
/. would postpone indefinitely the comm,
p Of prosperity and tend to give us a re
currence Of the hard times that We hat
, in the decade between 1890 and 1897.
I. The Democratic platform declare
;. protection to he unconstitutional. n
!, though II has been the motive and pur
pose Of most tariff bills since 1889. an
indicates eS clearly as possible the in
a tention to depart from a protectiv
=. policy at once 1t Is true the Demo
"a cratic platform says that the change {
). the policy Of "a revenue tariff Is to b
;, made In such a way as not to injur
industry. This is utterly impOssibl
when we are on a protective basis, an
!. II IL conclusively shown to be so by th
!, necessary effect Of bills already intro
!. duced and passed by the Democrat
house for the purpose Of making stride
toward revenue tariff.
20 Cost Of Living and Payne Law.
q. The statement has been widely circr
n. lated and has received cOnsiderabl
Is support from political opponents tina
10 the tariff act of 1909 is a prominent fac
m tor In creating the high cost Of Twins
IN This Is not true. A careful investiga
n ton will show that the phenomena
h. of Increased prices and cost Of livin
" is world wide In its extent and quit
/, ;lS much In evidence In other conntrie
~ Of adyanced civilization and progre.
sive tendencies as In our own.
Bitter complaints of the burden q
Increased prices and cost of livin
:. have been made not only in this cOuI
~ try, bnt even in countries Of Asia an
- Africa. Disorder and even riots hav
" occurred In several European cities b,
"a cause of the unprecedented cost G
food products. In our own countr
a changes have been manifested withor
:. regard to lower or higher duties In tn
a., tariff act Of 1909. Indeed. the mos
NO notable increase in prices has been |
Nc Nc the case Of products where no dntie
~ are imposed. and In some instance
ne In which they were diminished or r.
a moved by the recent tariff act.
70 Effect Of Excessive Tariff.
IN There Is one respect In which hig
II tariff rates may make for exorbitar
prices. II the rate ls higher than til
Is difference between the cost Of prOdu,
H. ton here and abroad. then It tempt
Z. the manufacturers Of this country
es secure monopoly OF the industry an
IF. to Increase Its price AZ far as the q,
| - .l.,.