Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1916-09-19
WHEN PEACE COMES -THEI

II woodrow Wilson should De re-
elected the present low tar'H VIII 10
continued as the law Of the land. ihen
n peace should be proclalmeu ~
Eurnna NEXT wear it would be calam
ity to this country. soa IN
After the Napoleonic wars enoed IN
r,rone this country was flooded with
cheap goods from Europe and lLoustiy
Nave was destroyed. Thomas Benton
= historian, said that following ,ne
close Of the Napoleonlc wars, VA
country experienced panic ana tnelt
was mo sound of the hammer eAcsp.
that of the auctioneer's manner
knocking down property 81,
Writing of the same period i1o,aSe
Greeley said: "In New England, luliE
one-fourth of all the property wen!
through the sheriff's mill.
President Woodrow wilson as auth
or of The History of the American
People, in his third volume or that
work had the following to say regard
ING the period mentioned above:
Peace changed the very race 0.
trade. English merchants poured
their goods once again into the
American ports. so long smut
against them by embargoes ana
var Manufactures had sprung
IN while the ports were closed.
In the year 1915 close upon hfty
millions of dollars had been In
vested in the manufacture or tex
tile fabrics alone The new move
ment did not stop with the estao-
1ishment of cotton fabrics. me
manufacture of wool and flax ana
hemp and even silk was added.
Iron manufacturers, long ago set
IN but tentative and feeble h1ther-
~ increased from hundreds or
thousands to millions in value I'M
der the stimulation of foreign
trade cut off. Almost every thing
In general use in the country was
.ocner or later added to the grow
ing list
small scale. took heart TO grow
and those which Americans nao
hitherto not dreamed OF attempt
ing were heartily embarked upon.
distinct manufacturing regions be-
gan sensibly to develop In the
middle states and in the east with
the interests and characteristics
/, which statesmen could not afford
y ia overlook, 1t was manifestly in
furious to every young industry
that a food of English imports
should continue to pour into the
country at the open ports The
remedy was a protective tari1.
such as Mr.. Hamilton had wished,
to see at first and the young re-
publican leaders of congress ola
not hesitate to advocate and estap'
lish it. april %, 1867
Mr.. Wilson has written a book ant
Il Ia now too late for him to amend
his expressed views. AS an historian
the learned Woodrow Wilson is a pro
tectionist; as a teacher. Professor
Woodrow Wilson is a free trader; as
q democrat, Candidate Woodrow vii
son s,lbscribes to the fundamental
doctrine" of his party that under the
constitution the federal government,
has no power to levy tariff duties ex
cept for purposes of revenue only;
as a scared politician, Woodrow Will
son says to a chamber of commerce
IL have been a college professor Ions
enough to realize there is nothing ir
the theory of free trade or protection:
o. an expedientist. President Wood
nv Wilson has asked congress to ere
ate a non partisan tariff board; ant
as a sectionalist he advocates the
retention Of the protective tariff or
sugar in order to save the Louisiana
and Texas cane growers.
\ The creation of a tariff board, which
the president and his friends have al
ready decided upon, will not cure tho
Underwood tariff law which Mr.. VIII
son signed and proclaimed as the in
auguration of new freedom" ant