Evening journal., 1922-11-02

electlpn IN -NoFelriDoff Aet
The Underwood Tariff Bill wa,
signed October 8. 1913, and became
effective March 1. 1914.
The depression which came upon
the city Of Wilmington in the winter
OF 1884 in anticipation OF the ef-
feet OF tho result upon the industries
furnished abundant proof OF the et-
feet OF this tariff measure.
Conditions arising rom the olos-
ing down OF our industrial plants
rendered necessary the organizing OF
relief committees 70 oloths and feed
the unemployed. Food and clothing
were collected In large quantities.
and from committee headquarters in
the Clayton House these articles
were distributed for several weeks 20
the unemployed worSmen and their
families. At the same time an
exodus OF foreign workmen began
seeking 10 return 20 their native
countries before unemployment ex-
hausted the savings accumulated un-
der the protection OF the Republican
tariff. which the Underwood measure
abolished.
War Averted Industrial Ruin.
During the spring and early sum-
mer months OF 1914 the stserage OF
outbound European steamers was
crowded 20 the limit with this class
OF passengers. bound back 70 Eu-
rops, where they could live for a
greater length OF time on their saw
ings than in the United States.
Tn July, 1914, a steamer on which
was a passenger carried back over
1900 IN the steerase. bound for their
former homes IN Norway and
Sweden. fleeing from the hard times
which had come upon America.
While vet upon the ocean the
Great War burst forth. Europe be-
gan to call frantioally upon the
United States for all Glasses and
character OF American products and
American goods. Business and manu-
featuring Immediately expanded with
hitherto unheard of rapidity and
volume, and the United States was
saved from one OF the greatest de-
pressions On tts history Il the Under
wood Tariff had been permitted %
operate under normal conditions.
ITO argue that the Underwood
Tariff possessed any features which
would confer benefits upon the
American worltingmsn ,or It's bust
ness interests IA failaoious. A tariff
for revenue only. which has been
the fixed policy OF the Democratic
party has never measured up 20 the
advantages derived from tho opera
ton OF the several Protective Tariff
measures OF the Republican party.
Tariff tor revenue only has always
resulted IN depression and unem-
ployment, while Tariff for proteo-
ton has always brought employment
TO American labor and American in
dustries.
Trade Now Protected.
"The hexibility Of the present tar
III enables the President, through
the Tariff Commission 20 adjust du-
ties upon imports into the United
States from any foreign country
which denies 20 American trade
treatment equal TO that accorded TO
the trade OF any other foreign
country.
TT provides protection against
preferential export taxes by allow
ing the President 20 penaiiEe imports
into the United States OF the prod
uots OF any industry IN a foreign
country which benefits by prefer
entiai export taxes granted by a
third country.
TT recognizes the open door as
a part Of our commercial policy and
gives the President power TO make
that policy effective throughout the
world, IN other words establishes the
policy OF fair and square dealing
with and on the part OF all coun-
tries throughout the world"