Evening journal., 1918-05-29
WEDNESDAY, MAY 20. 1918.
rERnlnLE rAussIcAN TAnFF TANcLE.

r,HE unanmty of opinion Of leading business men
j with respect to the necessity for protective tariff
after the in startling contrast with the skies and
setens at which Democratic leaders fnd themselves
tfhe subject For example. the National Foreign Trade
Council says that ito meet world competition American
business must be relieved OF disadvantages imposed by
Legislation and protected by governmental action from
possible discrimination in foreign markets." and that
our tariff system SHOULD possess adequate for
the encouragement land protection OF the foreign trade
Of the United State@
: John s. Lawrence textile manufacturer, Boston ad-
dressing the Foreign Trade Convention, says: 1T is
quite clear that those who forced to live
the barest requirements will, when the Is over, be
content and even delighted receive lower than
viii those OF us in the United states who have been
living in greater luxury
Charles H. sabn president Of the New York Guaranty
Trust Company says Il have always been theoretically
free trader but the competitive conditions which
peace is certain to bring will be different from those
which exist in ordinary peace times that am CON
ssnced we shall have to put up protective bars
President Wilson. who recently out for "a
removal Of all economic barriers" has said "The cost
Of production does exist absolute demonstrsbe
datum fact"
Then we have four views from the tariff commits
sion: Chairman Tausss "A trade balance gold does
not spell prosperity. The provided example of
this Our stupendous exports brought sold to our
unprecedented quantities. but Il did not bring
prosperity Tor ~ Qld not meTcndnulse. Mlludn
Kent member: The protective tariff takes much from
everybody then gives what portion otherwise
absorbed by the tsksr to somebody who happens be
unprontsbly employed and unable to pay himself out
OF his product . The protective principle is hut !
sttenuated form Of a fundamental fsllacy." p p.
Costigan. member: I'VE are coming to see that the |
whole protective theory false to philosophy and
wrong as to fact Differences in the rate wages have
Comparatively little to do with trade. II Is time for
statesmen and politicians 70 take new reckoning"
W 6 Culbertson member From the viewpoint OF the
tsrin wages per man here compared with wages per
in foreign countries relatively Of small sig
uincsnee" followed by, cost of production is the cen
lral factor in determining competitive conditions"
BurVel s Cutler, chief Of the Bureau Of Foreign and
Domestic Commerce. is all mixed up. Here are some Of
his views given at various times
You cannot make believe that the sturdy figures
who have the last hfty years a place for us as
Of the three four greatest world powers viii
be stampeded into fear uncertainty account Of
What competition viii do"
mot less than 100000 men Of Great Britan's army
alone will industrial occupations on their retarn
home consequence Of which there is likely to be an
intensive competition between that empire and our
selves only in present foreign markets. but also
the United States"
The obligation Of American manufacturers to take
foreign trade quickly as thoroughly as they
can is national obligation, because it is the only way
to maintain tremendous credit balance that now
stands in favor"
, Mr.. Faney, of the Ways and Means Committee thinks
shall have to raise revenue at the ports each
article to yield the maximum tariff. This will not be
protection understood now, free trade under
stood now, but viii be tariff revenue in the true
sense of the word, and a tariff for revenue only
/ The Republican party stin stands consistently for
protective tariff law while the Democrats are unable to
formulate any comprehensive plan wouldn't support
one II they IT,