Albuquerque morning journal., 1913-05-18

~ ''HAiFN@fNAu FflkAHtNN fUAuf
before the house committee ~ the
whole during consideration of House
Resolution 232i 10 reduce the tariff
duties. etc. The statement viii De- Of
interest 90 Mr. Ferguson Constitu-
cnts In New Mexico. and therefore la
reprinted b. the Journal II follows.
Mr. Ferguson Mr. Chairman. !
ana In the category Of some other
democratic members 81 this congress
who worked and voted In the demo-
cratic caucus for "a tariff on wool /
represent a large WoulRroVlng state.
and ! have lahored for q tariff "a
wool FOR two reasons
fn the first place. the revenue Nee
essary 70 run this government which
must he raised, rs the democrats now
that they are charged With the duty
of carrying on the government is
very large something iikc anc fhOus-
and million dollars year and THIS
vast sum will never Dee loss. but VIII
Increase year hy year nnd u must be
raised mainly ny tariff on imports,
according 10 the traditional demo-
cufif policy. Wool has always been
q large revenue producer and always
viii De-. as It b. world commodity
and universally ln demand Ia the
second place I believe that the tariff
Tor revenue should be equliabiy ad-
iuAled with reference 90 all sections
OF the country. to that any incidental
benefit that may flow from such rev
onue tariff may he fairly distributed
NeN Mexico. being "a large producer
of wool and many of my constituents
fearing that the placing If wool on
the free list many inlure this industry
in our state. know it b. uy duty 20
represent their interests In this mat
Ter. But Notwithstanding my beaef
that In this first reduction OF the
tariff IL would have been better for
the industry 10 my state and more ia
accordance with the wishes ~ my
constituents 90 leave tariff pf 20
ptr cent ad Yaiafem on wool ! am
going 10 rote Tor this bin. whi"'
places wool on the free list tAp-
plause on the democratic side). The
reasons which compel me to 20 vote
I shall now briefly state
The tariff is being revised this year.
not ns last year by a separate bill foe
each schedule. but iy single bili
an schedules or subjects IN
one bin. and therefore 10 vote against
the bill would be- 60 vote against
the cherished political principles Of
a lifetime. II would be to vote against
the graduated inenme-tax measure ~
this bin. the fairest and most just
Tax ever invented hy which the heay-
lest burden ~ taxation shall be borne
by the greatest honeficiarits uf our
heretofore pertial government. nndef
which enormous fortunes will be pro-
tected by our government for the fu-
ture. no matter how uniustly ac-
q8lfed under the unquestiOned con-
atituiiuuM provision that sucfcdlN
guards the rights Of property Hs wen
ae Of person Those without wealth.
have borne tho burden Of taxation
heretofore hereafter let those who
have escaped taxation. who hnve even
got the lions share Of taxes oxiorted
from the poor ostensibly for revenue
purposes. pay the taxes In proportion
to the wealth they hold but have not
earned. Further. 10 vote against this
tariff bin Is 10 vote to continue II
force the Infamous Pntne-Aldrich
tariff. which democrats and progress
slpes alike are pledged to wipe OFT
the statute books for the repeal oI
which the democrats and progressiNa'
caal Ia round numbers 1000, 600 oui
nf IA total Of 100000 votes IA the
last election
To vote aealnsl this hill rs To- vote
td continue the rule 81 TINS country
he private monopoly hy thusr 'inale.
factors 81 great wealth Who have hf
ipaldinua pawpr af wealth of wealth
Unsuitable, aud cruel per-
Neftcd 0ur htncfitcnt system of rep
reseniatisc government into a Govern
inent representative only Of their pfi
Nuie interests and desires
no vote against this bili Is o. vote
ugainal mo interests of my 7Wh state
i'm this II Is to vote to continue un-
DESTROYED. even uuimpedcd III the eNs
orciae 81 It's selfish power. the Wool
which has destroyed the
effect 81 the existing tariff at ! cents
aer pound un raw wool lhi- prov
- hy Tho undisputcd fact Tint since
the tariff af N cents per pound on
Nani was enacted wool has sold at
about the sUmc price In the london
market ln ffee-tfade England, ns n
protected United states This preg
nant. most instructive fact can be ae-
counted for IN ne other way than iha3
the waol trust tand remember thal
thero ia ne other object IN forming
a trust than to create "a mouopoiy1
has the power since 1t ls the sole PVT
chaser OF wpol IN this country, TO beat
down the price of ils raw materiAi
far its own advantage and since Il e
iht only seller Of manufactured woei-
en- goods In this country protected
Is "a high tariff. II also has the power
Ia demand eNtuftionate prices for IL
WOODEN goods This artificial system
has destroyed the effectiveness of the
mfiff 81 II cents on raw woob ana
every wool grower Is interested ia de-
stroying the wool trust,
have the hope almost amounting
Ia absolute belief. that free wool viii
he better for my state and for we "
growers everywhere IN our country
than present conditions under tli.
sway et the private monopoly IN Wool
Remember the ease Of hides, Ihe
cattle Industry Waa alarmed some
wears ngo when the tariff on hides
was removed Hut since hides wer9
placed ON the free list they have sofa
1t q higher price than when they were
protected Hides and leather are
A..-LLa -u.uALLA --L---L IN lna MuLlu