Milford chronicle., 1928-09-28
CHAIRMAN RzSK0B q.
STARTS EXPLAINING

~ AZ ~ = ~ q ~ hAS~ -
Chairman Raskob apparently ala
not Ilikef Mn5ffHoOVer's4 NewaEi
speech, in which, the Republican
nominee emphasized the diffeFenet
between the Democratic and Repub
lican positions on the tariff. Mr.
Raskobl says that Candidate Smith
q !. did not mean to hold the Under
woodZSimmons) low1taFiff act of 191;
up as a model tariff law, and thai
1.-The Governor would not cOuntenancC
anything which would cause a bust
ness upheaval.
The people all oyer this country
heard Candidate Smiths acceptance
speech at Albany and9regardless OF
what Mr.. Raskob now tries to ex-
%plain, they heard the New York COY.
ernor glorify the Underwood Sim
. mons low of 1913 as the kind of2a
tariff act which would not upset our
economic system or bring about pop
ular distress: This islgthe tariff act
which put every imp product
of the American farm on the free
: list. And this lis the act,9Iwhich ac-
cording to President William A.
:, Nealy of the Massachusetts State
Branch the A. F. of L.. threw
..EfrOa four to five mill men out of
work in the year of it's operation be-
gsfeRe-u outbreak zof=s .thets ARsl,ssin
" 1914, and led straight to business
upheaval and popular distress.
Let gtshain1nan sls0b Keep ON aezk-
planning. Let him explain what
Candidate Smith meant when, while
campaigning in 1922, he denounced
= the tariff "as an outrage on the
American people and betrayal of
their Interests" What did he mean
on NdFember 2, 1922, when AsOsaid
at StSpleton, N. Y, that "tlle tariff
: is a cbld-blooded hold-up?'s What
did helhean on June 21gEfa2 wheRr
A.. he sag that "the restflttionSof for
eign IMPORTS for the benefit of the
tariff beneficiaries has Impaired the
" ability Of our foreign.sdehtors To- disss
charge their obligations to us?"
What Slid Governor Smith mean
when % April of this year he per-
mitted the Industrial Digest" to
: publish an interview in which he
denoupded the protective tariff as
a surrender to group ggayernp pt, -
repeating his idea that it his a eold-
bloodsd hOld-up" of atHe Anne ban
people,
HeTie lis some expiainins Tor Mr.. /
Raskob to do and when he starts on
this he has only made a beginning.
Having finished with Candidate
Smith, lie will have to take up Sena-
tor Robinson, his party's candidate
for the Vice-Presidency and having |
f1nisheq with Candidate RobiHsenfh I
will lave to begin on a long Nist q |
+, Demoefatic Senators and Congress-
men il Washington, among them the |
men On the Senate Finance Gommitz
tee and THE House Ways ands M cams T
Committee, who would actua4ly /
= write "a Democratic tariff law. Ev-
eryone of these men from his own
testimp1y is an uncompromising foe
of thes principle of an adequate pro-
tectivs tariff policy for this coun-
, try.
In he Congressional Record for
July, 3922, Senator Robinson spoke
of the$D Democratic theory of a reve-
nue. taFIf and the Republican theo-
ry of protective tariff as being the
r fundamental distinction between the
two PARTIES. On May II, 1926, he |,
denounced the present. htaPiff lew4t
with some strange nfatAe1a atlcs and
harked back to the idea exploded
thirty years ago that the tariff was
the mether of trusts, anfigdh taflAVK,
airy 10 1926, he stood in the Senate
of the United States and called for ,
a computation to "tsaP-idoYtll ttRis9 4
tariff wall" y J11@A%A4~4N
How will Mr.. Raskob explain all {
this away? And wheif lie has I'm !
ished let him turn 10 Mr. fCOrdaIld :
Hull Of Tennessee, a member of the {
House Ways and Means Committee, !
who has filled pages Of theACongHes- L
sional Record during the 1ast six r
years with his violent denunciations {
of the principle of a protective tar
iff as Bbeing immoral and dfsllon-
est" eLet Mr.. Raskob tell what :
Senator Simmons of North Carolina, :
meantaOn January 9, l1924ye when einsI :
stead of the greatest peaee-tinle5 3
prosperity the country has ever had,
Senator Simmons imagined the =
country "grOaning and. staggeringP
9nder the tariff law of 1922. Let Mr.. :,
Raskob explain what Senator King, u
of Utah, meant when on April 25srH
1922, he denounced the Fordney-AfeA u
Cumber protective tariff law as .
counterfeit. N
And then let Mr.. Raskob turn to +
Oldfield, of Arkan- M
sas. What did Mr. Oldfeld mean on tc
January 20, 1926, when he announ-A n
ced on the floor of the House Of Rep q
resentatives that he would reduce M
the FOrdney-McCumber law ito a II
revenue basis?" In .itsE six years. &c
operation the Fordney-McCumber Ell
law has turned into the Treasury
almost 31a billion dollars or enough Z u
20 equal more than half the reduc- III
ion in our national debt. And SO G.
he record goes; indefinitely it al nj
most seems, but surely enough ito ad
Keep Chairman Raskob busy from lis
low until Election day, and then Hi
iome! ygYfN@sagF 81
And let it be remembered 4 that -
hese Senators and Representatives ha
re all members of the Congrsssiop77 on
i committees who wbala fwute 3aA$
Iext Democratic tariff law. The
House ways and Means Committee
TOuld be headed by Representatives m
ohm N. Garner of Texas, a sworn ~
nemy of the protective tariff policy. liz
he Senate Finance Committee | IL