New Britain herald., 1916-08-28
FISHER TELLS WHY
 HE FAVORS WILSON
Professor Of Economics at Yale
 Gives His Reasons

Professor Irving Fisher, of the dc partment of economy at Yale, in an interview in the New York Times yes- terday, gives six reasons why he will vote for President Wilson. The req sons follow:
 CD The so-called issues of "Ameri- canism" preparedness, the LuSitania incident the Mexican situation, and all others that have grown out of for eign affairs appear to me to be merely red herrings across the trail," in- tended to put the public off the scent. I have little doubt that, by diverting attention from themselves to these trumped-up issues the republi- can ''old guard' hope to put over'' on the public another 'Payne-Al- drich' tariff They expect to work the war and Mexico for all they are worth to both hide and guide their own interests after election. The real joker in the republican platform is a plank, which, when the time comes, if it does, will be solemnly cited as a mandate from the people for restoring the good old fashioned high protec- ton.
 Every informed voter knows that as the infant industries grew they were no tleft to shift for themselves, as was originally intended. Being big and powerful, they contributed the big funds to republican campaign ex- penses and, after election, received renewed, often increased protection in return. Such purchase of legisla- ton is "with1n the law but it has al- ways seemed to me almost as great a scandal as the corresponding, though less legal, purchases Of state legisla- lures by railways or of city govern
  The "education of the public" in fa- vor of protection by which even the laboring man has been made to be- lieve that it is for his good has been, for the most part, subsidized. The protected interests have had speeches written for congressman, have paid the expenses of printing large editions and have distributed them under gov ernment frank. That such so-colled protection had become a national pros- titution of public interest to private interests, was, in effect, recognized by MT. Taft and other conscientious re- publicans. But his administration only demonstrated how difficult 1t is for a party which draws it's financial sup port from protected interests to revise the tariff against these interests.
 (2) Moreover, quite irrespective of the moral issue in "protection,' it seems to be bad national policy to keep the tariff longer in politics. The election of MT. Hughes would surely do this. That of MT. Wilson would at least go far toward dropping the tariff out of politics and toward talk ing politics out of the tariff It is worth noting that if such a result can be accomplished through a tariff commission it will certainly not be
 
 by proteCtiOnists.
 G., I have not agreed with all parts of MT. Wilson's Mexican policy but I believe that at heart, it is sounder than that which MT. Hughes seems to indorse. Few of the Ameri- can people realize, as MT. Wilson re- aliZes, that here, too, is a case (and a far worse one than American pro- tection) of special interests capturing a government in their own behalf. The people of Mexico have, I believe, been exploited by handful of unscrupu- lous foreign capitalists, including some Americans, who, through Diaz, virtu- ally robbed Mexico. Diaz virtually took the lands and liberties of the Mexican people and sold them to for eign concessiOnaries. These exploit CTS, or their agents, sought to continue the system through the assassination of MaderO and the elevation of Huerta.
 We must have order in Mexico and we owe it to our citizens to protect their legitimate investments in Mex ico, but we also owe it to Mexico and to our own national ideals not to help to restore that kind of order, Or pro- tect that kind of investment, by which Mexicans have been systematically robbed. Moreover, doubt if real and permanent order in Mexico will be possible which is based on the unjust methods and ideas of a Daz
 (4.) So far as our relation to Eu- ropean affairs are concerned I do not think that we shall become more ef- ficient by swapping horses while we are crossing a stream. change may plunge us into war. and it would cer- tainly, in the four months between election and inauguration, para1yze our foreign policy completely.
 (5) There is another great danger to our national efficiency in voting the republican ticket. If MT. Hughes | is elected the senate will probably re- l main democratic. Only a republican | landslide can make the senate repub- ] lican, and of such a landslide there seems no prospect It seems unlikely 1 that the republicans can retain all 1 sixteen of the republican seats which | will be vacated, and at the same time | win half of the eighteen democratic vacancies. Vet vi n1Pfe