The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1916-10-19
EUROPE'S WARP
PROJECTIONS RIGHT.
Elihu Root Shows That the Re.
publican Party'S Cardinal
Principle Has Won the
Only Decisive Battle,
of the Contest.
WE PROSPER BECAUSE THE
HOME MARKET is OUR OWN

When Peaee Comes and Foreign Com
mercial Confederations Look Hun
sriIy- Toward America, We Shall De
serve What Happens to Us If Pro
vision Is Not Made Against Disasts
by q Tariff Quite Different From tn,
Underwood Folly.
There is one particular subject with
which the United States must deaI
In order to meet the revulsion in pro
duction and trade which will accom-.
papy the close of the great war That
is the Tariff think there Is very
general agreement upon that. When
the demand for supplies to the armies
In the field has ended great numbers
Of men will return to productive en-
ployment in Europe and great num-
bers Of operatives will be thrown out
| OF employment here and will have to
find other work. Europe will have
little money and be heavily in debt.
She will be under strong compulsiOn
to pay her debts by making and SELL
ing goods She will be on basis Of
strict economy and high organization
and she can make and sell cheaply
The United States will have an abun-
dance OF money and vast purchasing
power. Our market has always been
attractive to European producers. 1t
will be far more attractive after the
war 1t is highly probable that even
England will resort to a protective
tariff, so that our production will meet
protective barriers in all foreign mar.
kets. What are we going to do then?
We must do something. We must pro-
tect ourselves or we shall become the
dumping ground of the world and our
workmen will beg in the streets.
Even the Democrats have seen that
something must be done, for they have
provided tariff board to ascertain and
report the true facts to which q tariff
law is to be applied. In Mr.. Taft's Ad-
ministration the Republicans provided
for a tariff board to report to the Pres
tdent and 1t was appointed and doing
excellent work. When the Democratic
House elected in 1910 came in they
starved it out of existence by refusing
appropriations. In the last session of
the 61st Congress the Republicans pass
ed through both Houses a new bill for
tariff board to report to Congress.
There were some slight differences of
detail in the two Houses. which were
agreed upon in conference. but the
Democrats tilibustered against the final
conference report and so killed the bill. |
So the tariff board was dead-slain bv |
the Democratic party. 1t has now been |
resurrected by that party because they |
see that something must be done about |
the tariff when the war closes. Now. |
we can all understand that if the coun- |
try wants q tariff for revenue only they |
may put the making of it in the hands
of the Democratic party. But. can any
sane man contemplate that party max
ing protective tariff? In the first
place they cant do it honestly. They
don't believe in It. They were born and
bred in different faith. They have
been crying so long that protection is
an abuse Of power and an abomination
that they can't reconcile themselves to
a protective tariff. and they regard the
Underwood tariff as a model. That is
what we are to have If the Democrats
go back-the Underwood tariff still.
with perhaps here and there a slight
modification regarding dye stuffs and
some other articles which can be
shown to gentlemen from Missouri and
elsewhere. Well. if there ever was a
clumsy. Ill conceived, misfit law, II is
the tariff which bears Mr.. Underwood's
name We had already discovered
What its effect was when the war in
Europe began.
Many mills and factories were closed
Or running but a part of the time
Great numbers Of laborers were thrown
1ut Of employment. and the market for
american products was still further
'educed by the destruction of their
power. Enterprise halted.
discouraged and apprebensive of the
uture New enterprises were no long
r attempted. Old plants were no long
r enlarged. The Underwood tariff
lad already failed when the war in !
europe began That war furnished I
nd continues to furnish to American
PRODUCTION the most absolute prOtec- ]
ion because it has to so great a de. '
rec stopped production in Europe. So
Qng as the war lasts our producers '
ave practically no competition in our {
Ome market, for Europe does not {
1aEe the goods to sell here. At the
anne time, while the war lasts our
roducers have an enormous market
Europe for the things that Europe /
ant produce In sufficient quantities. t
Fhen the war Is over that condition
Ill cease, and we shall deserve what /
appens to us If we do not provide I
gainst that time by tariff quite diff
srent from the Underwood tariff and q
lade by men who do not consider a j
ldiff for revenue only or article of 9
sligious faith. From the Speech Of
lihu Root Delivered at Carnegie. Hau, Z
eW York City. October 3. 1916. l