The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-23

I'M NJ " lAiN'' y a''.'
Tho new u.if law. officially known n' tho
Tarn Act or 1922, is now the law OF tho land
President Harding affixed his signature mp
proyiug the legislature Friday morning.
Never was n tariff law enacted that ala not
portcnd evil Of tho most mlschioyous and inde-
fcnsihlo nature ana blessings OF the most cx-
cmpary kind. depending upon tho viewpoint OF
tho speaker or writer in respect 10 this most
mooted OF all political questions
The law just going into effect is no exception
20 this rule. For months and months there have
been divers prophecies Of OWL on one hnnd, fore
casts Of benefits uncxamplcd on the othor so
that It is perfectly useless to indulge In either
one or the other at this moment when proof is
about TO accumulate concerning tho actual
merits aud dement's Of this law.
Not once since the tariff became an issue in
American politics has there been a bin passed
through congress more than mcasurabIy re-
flcctng the true policy OF tho party which has
never faltcrcd In lts advocacy Of the protection
theory All of them have been 10 a greater or
lcsa extent compromises between the various
sections and interests involved. This now law
is no exception TO this rule nor will the perfect
tarIff act ever come through the legislative mill.
we are a nation OF too broad reaches too
conflicting interests ana too diversified voca-
tious and Industries for such thing 10 happen.
But the tariff act Of 1922 IL confidently relied
on with all Of its imperfcctons and objection
able features. to stimulate commerce and indus
try in this country of ours, Is relied on to ar-
ford full and profitable employment to American
workman at American standard OF wages, and
to protect our agricultural producers against
unjust competition from other lands
II Is the fixed doctrine OF the republican
party that, economically, America belongs 10
Americans. That Is TO say, that American pro-
ducors, wage carners and manufacturers should
enjoy the market afforded by each other; that
as a consequence Of such a doctrine put into
force as a governmental measure the country
will prosper that prosperity will be moro widely
diCfused ana that peace, happiness ana content
mcnt viii abound in greater measure than under
any other tried economic policy.
Tho history Of the United States IL not Lack
Ing IN proof Of the sopndness OF this almost fun
dameutal republican doctrine. II the frce-trade
economists OF the democratic icft charge that
living costs are higher under a protective tariff.
the reply ls that our people are generally pros
porous and far better able to pay the advance in
costs than they were on those few occasions
when tho democratic party succeeded IN writ
ing tariff law along tho lines It advocates.
II the democratic left charges that few
interests derive exceptional heuofts from re-
publican tariff law, the reply ls that wealth and
prosperity never heads Into spcclal-lntorcst and
favoritcs backwatcrs in such n disturbing
volume compared TO tho whole, MS when tho
democratic economic idea prevails
There IS an old axiom that the proof OF tho
pudding is in chewing the bag. The country IS
about TO have a positive demonstration OF the
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