Omaha daily bee., 1915-11-23
]. L. KENNEDY MAKES
HIS FORMAL ENTRY
Continued from Page one.)

Continued from Page one.)
nation for United States senator any
statement made by me, at this time,
should relate to national affairs,
The Tariff.
THE tariff will be the paramount issue
in the coming presidential campaign. On
that issue the two great parties decis-
lively disagree. The republican party viii
adhere to and advocate the policy of
protection to American INDUSTRIES; and
the democratic party, without a definite
plan, viii try to raise revenue by i'm
posing unusual, burdensome taxes on
American enterprise. We are at peace
with all the world; but nevertheless, we
are subject to war taxes, imposed upon
US by democratic administration. Taxes
are levied, not only upon property and
assets, but upon liabilities as we'll The
Industrious citizen who borrows money
for his business Is taxed for that privi-
lege. The present method of raising the
necessary revenue for the government is
not system; IT is a patchwork process
IL starts nowhere, leads nowhere, and
gets nowhere When the republican party
went out of power, the treasury was fun;
now II is nearly empty. If our factories
were not furnishing munitions of war,
and our farmers were not supplying
Europe with farm products for war pur-
poses, our industrial and commercial con-
ditions would be similar to that existing,
under the democratic administration
prior to election OF Mckinley in 1896 In
tine last presidential election, the people
OF the United States did not repudiate the
republican party, or the policy Of pro-
lection; and in the coming campaign,
with reunited party, the republicans
will go back into power and recreate
sound economic conditions, giving con-
tinuous employment to labor, and inspir-
ing with confidence the constructive,
commercial and Industrial forces OF the
country The present administration
particularly promised to reduce the high
cost Of living; yet the cost of living is
higher today than ever before I'm the
history OF the United States. Inequalities
there have been under the protective
tariff system; some rates have been too
high. others too low; but the principle
OF protection is absolutely sound, and
under IT we have greatly prospered. AS
an evidence OF present public opinion on
this subject. please note the recent cleo
ton of a republican governor in Massa-
on a strong protective tariff
platform.
Permanent Tariff COmmISsion
1T Is generally conceded that the
European war will materially change
conditions affecting our trade and COM
merce. THIS will make 1t necessary TO
collect and compile additional informa-
ton upon which TO base new tariff laws.
That should be done by a permanent
tariff commission. so constituted that
II will command the confidence OF the
country. 1t should be a continuing body,
consisting OF five or seven members; one
retiring each year. Its principal func-
ton should be the gathering and classify
ing of facts and figures relating to trade
conditions; and upon request IL should
furnish to congress the result OF its in
vestigatlons, so that tariffs may be laid
upon foundations carefully and intel
ligently ascertained.
Merchant Marine.
THE return OF the republican party TO
power will mean the extension Of our
trade relations with other countries, and
especially with South America. We are
a producing country. and the surplus
products OF the farm and the factory
should find a ready and profitable foreign
market. To bring that about we must
restore American ships TO the high seas |
This need not mean the granting Of sub /
sides TO private lines; but Il does mean |
the creation of conditions favorable TO |
the development OF our shipping interests. !
farmer could not successfully manage |
his farm were he dependent upon his 1
neighbers wagons 10 haul his grain 20 \
Town. and this nation can not giSe TO J