The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1912-05-02


trolling an area Of trade, within
which smaller industries in the very
nature of things can only exist on sui
ferance of their larger neighbors.
The Tariff Plank.
What, then, is the relation of the
tariff to centralize monopoly?
Down to 1897 it was easy to dem
onstrate that domestic competition
would regulate prices, that when an
industry was found profitable, A, J.
and G., and so on down the alphabe G,
would go into business, and by domes
tic competition reduce prices to con
sumers, even below the duty exacted
on similar imported articles.
But now A, b and G, and so on
down the alphabet are organized into
corporate combinations and competi.
ton no longer regulates.
Therefore. by as much as you raise
the duty above the difference between
the cost of production at home and
abroad, by that much you invite do
nestle monopoles to overcharge do
nestle consumers; and therefore; in
our platform of 1908 we declared for
duties which should equal the differ.
ence between the cost of production
at home and abroad
Tha plank has an upward limit and
a downward limit.
An upward limit-why? To protect
American consumers from being over
charged by American monopolies. 4
downward limit-why? To protect
American labor from competition with
foreign labor.
With the adoption of this policy il
became perfectly apparent that some
means must be devised to aid a ways
and means committee in ascertalning
with some degree of scientific accu.
racy the difference between the cost
OF production at home and abroad
and the Payne bill provided the be.
ginning of tariff board.
The reason is plain. Before the
preent ways and means committee
was created by the speaker, and the
chairman of that committee was given
the power to run the house as the
and alter ego OF the speak
erin the earlier and less holy day,
1T had been the custom of the way.
and means committees to hold open
hearings and take testimony. not as
that they could impart inter.
nation without first obtaining 1t ana
Lever assuming that they could frame
a tariff bill based upon backstairs
communications from selected. biased
In the earlier and less holy times
j. was the custom of ways and means
Committees to take testimony, gener.
lily for months, before framing a pill. |
Eut even then 1t was diffic ut to
IfcCncile conflicting interests--diffi. |
.G't even to divide among the Demo.
cratic brethren the pabulum of pro-
seton which they wanted for their |
! S,ricts. so they could go ont and
veil the more Justify for free trade. |
Framing Tariff Bill.
Let us along this rowo seats for
; moment imagine ourselves a ways
and means committee. il you can
nodnt tc the dizzy and rarefied =. |
Nosplere of such power and respect. |
ability all at once and let us proleaa
% take testimony.
Now here comes an importer. nc |
nay run a department store AMI ran |
, newspaper ut one and the same |
line. and h says he does not need |
protection al all
Here comes great corporation, |
which solely for purposes of illustca.
lion ! will assume to be momenla 4 v |
by my friend from Col. |
orado, He says 1--WE are large and we |
30 not need much protection"
Here comes corporation with |
capital represented by my
friend from Michigan, who demon.
strates that his corporation can not
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