The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1913-10-14
NOTEWORTHY
DISCOVERY BY
Mr.. BRYAN
-.,. IN. New Tariff VIII Reduce the
Cost OF Living and Increase the
Price Of Labor

state has found time between Chau-
,oroua, lectures and frequent sallies
% the national capital for the inciden-
"a, consideration of the Mexican sit
nation and other international prob
lambs to comment on the tariff meas
,ro now pending in congress; for Mr. |
Bryan apparently can never get over
,he idea that he Ia really running ali /
departments Of this Democratic ad-
ministration.
The latest and most marvellous dis
coyery by Mr.. Bryan regarding the
new tariff measure is that 1t will not
only cut the cost of living but will
also raise wages.
Some panacea that would raise
wages while making 1t cheaper to buy
things made by labor is what the
American nation has long sought, and
u the Nebraskan statesman has real
" solved the problem he is entitled
70 the gratitude of not only the PEG
ple of the United States but Of the
whole world as well.
As a rule, people have come to ac-
cent the economic principle that the
more you pay labor the higher the
cost of the product and the that the
employer will not pay labor more than
he can afford to pay. II the price OF
the commodity produced is lowered,
so as to make production Improbable
capital has a tendency to abandon the
project and find investment in other
channels. When producers find that
their income is no longer adequate to
meet the expenses of their business
and home combined, they must either
readiust their outgoes to their chang
ed income or adopt measures to en-
sure income from some new direction
and very few producers are in po-
sition to help out vanishing income
bv going ON the Chautauqua lecture
platform.
Where 1t becomes necessary Tor
beth capital and labor to choose be-
tween a mutual reduction of eXpen-
SEES and the abandonment Of manu-
featuring enterprise, for example, the
former alternative is Almost univer'
sally chosen, and 1t does not require
a profoundly philosophical mind TO
understand why.
If we inquire into the ways in w4ich
the present tariff measure is expect
ed to force cut in present prices
we may be able to appreciate more
fully the absurdity of Mr.. Bryan's dis
covesy that it vii mean higher wages
for American labo'.
The way in which our Democratic
friends expect TO lower prices Is, as
We have repeatedly asserted, by en-
couraging the importation of foreign
goods instead Of trying to help in
crease our own productions OF foo
and other products; and in this eS
pectat!on Mr.. Bryan is fortified b.
our British newspaper contemporal
les, who naturally like the Democrat
ic tariff bill, because it will help thei
manufacturers and commerce.
Let us examine this situation NOR
closely, however. and see how thi
importation of foreign products is
help increase American labOr's wage
II British and German manufactu
ers do larger business across tn
Atlantic as a result Of our tart
smashing, as the London Chronic
predicts will be one effect OF the ne
Wilson tariff bill, what will Americf
labor do whose products are thus d
placed in our own markets? Tit
must either work for smaller wag
or stop work altogether and do som
thing else.
But they can not go into the pi
duction Of wool or sugar or meat pI
ducts, for the same London Chronic
shows that Canada, Australia, NJ
Zealand and Argentina will send
all kinds Of agricultural products
help bring down the price OF fo'
while British manufacturers are Il
nishing us more manufactured goo
than now.
The men thrown out Of work by I
eisn products must find employing
somewhere and whatever walk of
they enter, their advent will tend
force down the price of labor in Il
particular line of industrial actiy
whatever 1t may be, by rendering
more difficult for those already
Gagged therein to find constant empl
Aent except at the price of conc
ions to employers.
The repeated assertion that
"ew tariff will be followed by 10,
ages In many directions is, the
re a