Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1912-01-04
New Jersey Executive Delivers
Address Advocating Tariff
Reform Before National Club
Dinner in New York.
.ASSAILS PROTECTIVE
SYSTEM AS BURDEN
Time Has Come in His Opinion
For Country to Sci Itself
Freei CounseIS Against Rad
iCaIiSm.
IBy Morning Journa, spec,a, Ioas.d Wire,

IBy Morning Journal Special Leased wirel
New York, Jan. 2-The National
Democratic club tonight launched Il
movement to make tariU reform
paramount issue In the coming presi-
dental campaign, at a largely attend
ed dinner. with Governor Woodrow
I Wilson OF New Jersey as the princi-
pal speaker.
Governor Wilson insisted that the
/ time had come for the country to set
itself free from the burden of the
protective tarin.
We are rich enough We are safe
enough in our prosperity, sure enough
of our capacity, of our skin and of
our resourcefulness to do this" he
said.
lie declared that the reform move
ment should be undertaken with reso-
J luton prudence, open -mindedness
and mutual concessions.
There are no old scores to be paid
on he continued. There are no
resentments to be satisfied; there is
no revolution to be attempted Men
OF every interest must be drawn into
the conference as to what II behooves
us to do and what II is possible for
us to do. No one should he excluded
from counsel except those who will
not come In on terms of equality and
the common interest"
lie continued in part.
"Our tariff policy has not for sew
eral genera lions heen based upon any
principle whatever, but only upon "a
system Of favoritism, of patronage. of
arbitrary fosteraEe by the federal
government.
"The strength of Am erican industry
lies ia the skin and intelligence of the
American workman, and the capacity
..Y ,.t4f.ss gstf,. In Tor MI
managers; and the efficiency and
glory OF the worklngman depend up
on all the moral and physical ele-
ments involved in the circumstances
of his employment
"lf this country Is to be the snug
harbor for those who are AT dis
advantage In the markets of the
world. why should 1t not also by the
convenient method of combination,
be refuge for those who are also
at a disadvantage in the markets of
America itself. Are there not evi-
dencos that II has become lust that?
Have not great combinations recent
w effected In this country brought
about Just such e result, OF "A dox-
en- mills or factories brought together
In "a single trust or combination, there
In always y very considerable variety
in the so-called cost of production.
brought up to date; the plant Ii not
built in way to lend itself To the
most efficient methods of production.
the market is not quite so accessible;
the source OF raw materials Is more
difficult of access. Again ara again
II has happened that after the conf
hlnation was effected the less efficient
factories and mills were closed down
and only the more efficient continued
hp htJeinaaQ "A y
Is constituted had to carry the cost
Of the original merger of the ineffi-
cient mills and factories. They were
probably put into the combination at
a figure greatly exceeding their real
value.
This figure enters into the issue
of the securities of the corporation;
the profits must be made upon those
figures II the stockholders are to get
dividends: ana 80 the country must
carry for an indefinite period inefi-
cient establishments which have been
actually CLOSED and put out OF busl-
ness. And this very process itself
shows the futlity of any attempt TO
base duties upon cost of production.
when America was in her infancy;
when her resources were undeyeiop-
ed: when her industries were at their
beginning. there war much 60 be said
for a system of srtihcial stimulation
and protection. But long after that
period was passed. and that reason
for the maintenance of the system
Of protection cut away. II WAS main
tanned upon other theories and with
other purposes. and II has grown uu-
tn 1t has become Neritahle incubus.
not merely upon the consumer. hut
upon the business OF the country IT.
self. aud on IL have been built M
great combinations and monOpolis.
which have drawn upon themselves
UNIVERSAL condemnation.
we are rich enough We are safe
enough IN our prosperity. we are sure
enough OF our capacity. of our skin.
of our rcsourccfulncss. Go set our
selves free at last. We are ready
now in Our una loritv TO return to the
uses Of government OF which the ma
turo can approve. Taxation must be
used for the heneft of some at the
expense of others. The power OF the
government must never be loaned 90
niose who can mot sustain themselves.
The only legitimate object Of taxa
ton rs revenue Tor the support Of the
government"
/ IIFlTFNANT 0Al TON TO