Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-01-04
WOODROW WILSON
DECLARES THAT
TARIFF MUST
BEL8HERED
Candidate for Democratic
Presidential Nomination
Speaks 70 Club at Dinner in
New York City.
AMERICAN wORKMEN
rs HOPE OF COUNTRY

tny Evsalas lasFags A. ?. Leases xgirel
New sesk, Jan 4.--Governor
Woodrow wilson or Kew Jersey adj
dressed tAe Natiohal Democratic club
mere last nigat on the topic, ''rhe
Democsnt|c Party and the Tarlil"
3nce 9gnin. Mr. Wilson said. the tar
iH had become ''the chief ana most
critical question of campaign which
must decide the policy OF our gov
efhment. nof only ia thls great mat
tor but IN regard to Score OF things
which touch the general adjustments
~ our ilfe."
lie continued IN part
"our iarlff policy has not for sew
crai generations been based upon any
principle whatever. but only upon a
fseiem Of favoritism. OF patronage, Of
arbitrary fostcrngc by tho federal
eovsfnnenl.
fhe Ffenelh Of American Industry
iiss "a t.is skl4. and intelligence oi tic
Amefiegn workman. and the capacity
of American snperlntcndenis and
managers, and the efficiency ana glory
~ the worklngman depend upon all
the moral and physical elements In
Volved In the circumstances OF his
employment
'if this country IS to be the snug
horhGr for those who ara az dis
advantage IN the markets OF the
world, Why should ID not also by the
convenient method of combination, be
refuge for those who are also al a
disadvantage IN the markets 81 Amer
lea itself. Are there not evidences
that Il has become Just that? Have
not great combinations roCently ef-
fected in this country brought about
inst such rtauitg or dozen mills
or Factories brought together In a sin
Gle trust or combination, theirs b. al
ways a very considerable variety In
the s9.cailed cost OF production. In
some the machinery has not been
brought up to date: the plant IL not
Duilt 81 way 20 lend itseif 20 the
most efficient methods % productions;
the market Is not quite SO accessible;
tho source % raw materials Is more
dinicnit 81 access. Again and again
II has happened that after the COM
Mna1ion WIS effected The. ess .cfilelapt
factories and mills were closed down
ana only the more efficient continued
in operation, but the business as new
IS con9iifuted had 10 carry the cost
o. the original merxsg OF the inetii-
cient millt md factories. They were
probably put into the combination all
figure BrcDtly exceeding their real
value.
This figure enters into the Issue OF
the securiliea OF the corporation; the |
profits must be made upon those fig
ufes II the Stockholders are 90 get
dividends; ana 40 thn country must
c1rfy for an indrNniie period lnoiii- !
c3pnt slnbiishmanfs Nhbh haKa beenl
gradually CLOSED and uut oui 80 nue
incae And iiils fery pr0eess itselfl
ahUNt the fll1h any attempt iul
Dase duties upon cost vi production.
"When America was In her infancy;
whom her resources we're undevel0peds
when her Industries were at the be-
ginning; there WIS much 70 be said
for system ~ artificial stimulation
and protection. But long after that
period was raaged. and that reason
FOR the maintenance AZ the system Of
protection cut away, q was maintain
"a upon other theories and with other
purposes, and "a has grown until al
has become a veriiabie incubus. not
merely upon the consumer. but upon
the business az the country itself; and
on II have been built up great combi-
nations and companies. which have
drawn upon themselves universal con-
domination.
1--WE SIRE rich enough. we are safe
enough ln our prosperity, we are sure
enoush of our capacity, OF our skill
OF our rosourcefuinesa. TO fet our
selves free al last We are ready now
Ga our majority 90 return 10 the uses
az government OF which the mature