Year: 1870




produce, where we have nothing to
encourage or build up-fOr examl lie,
tea and coffee; and then put it high
er upon articles that we do produce
in competition with foreign coun-
tries, so that there shall be fair
and equal and honorable competi-
ton between the home producer
and the foreign producer. If you
make a prohibitory tariff then you
get no revenue. If you put it below
the point of competition, then you
get revenue only, and you cut off
your home producer. and give the
market over entirely to foreign pro-
ducars. Now we don't want pro-
hibitory tariff. We don't want to
make a monopoly here. We don't
want to exclude the foreign produ-
GERS, so that mean men may pro
duce and sell them to Us at their
own price. But, as you have to
have tariff, how are you to put it !?
Put it at point that will afford a
fair competition between the home
produc and the foreign producer.
That brings you revenue. because
there is a competition, and compe-
tition implies that there Is foreign
importation. That gives you reve-
nue., and az the same time encour-
ages and builds up your own home
producers, your home manufactur-
ers and your home labor. l am for
protecting the home labor so far as
it can be don, legitimately. l don't
want to see the1aboring men of In
diana working for the same price
that the laboriHg men of Great Bri
tain, France and Germany command.
Labor isNigher in this country than
it is in those countries. L expect
to see it Maintained, and hope t4at
it will ben And when it comes in
our power. TN we can logitimately
protect and encourage oar own
labor, l am ~ favor Of doing it
But l don't&ant anybody to 60
away and saw bec9use l say this
that l am in favor of a prohibitory
-ariR, protective, tariff, ip the often
sive sense in which this is some
times used. What mean to say is
that we have got to have 4 tariff
We have got to have it whether we
want it or not. L non't care how
much demagogues may bawl in IA
vor of free trade, we have got to
have tariff because we have got to
have a revenue, and L want that
tariff adjusted so as to discriminate
not in favor of the foreign produ-
Ger. Am | right, gentlemen, on
that principle.


| Voiccs--"You are right"


Now, my friends, l want to sug
gest another thug right here, and
that is that 1 am in favor Of
building mp home market. L think
there are some farmers here TO e.
night. hope there are. l want
to say to them that it is much bet
ter for them to sell their wheat in
Terre Haute if they get but q dollar
bushel than it is to sell it at q dol
lar and half in New York, and
then have to pay the cost of trans
portation from there to Liverpool,
or to Brest, or some other Euro
pean port. Now here is the fact,
and l ask q distinguished railroad
man who is here tonight Mr.. ".
r. McKeen, President of the Terre
Haute & indianapolis Railroad). l
state it as general proposition. 1
think | am not tar out of the way :;
that it will cost one bushel out of
every three of wheat to get it to
the city of New York. How near
an l right?


BIr. McKeen-Very nearly.


Mr.. McKeen says l am very near
right. ! tell the farmers, therefore,
that it will take one bushel out Of
three, nearly, to send their wheat to
New York, and then it costs a good
deal to get it to Liverpool. And,
when it comes 80 corn, | guess it
takes one bushel to send the other
to New York-very nearly, and
then, if you go in search of for
eign market, which some gentiRmen
are so bent on, you have to foot
the additional transportation across
the Atlantic or whatever sea it may
be. So that it is for our interest to
have our market at home.


And, my friends, it is to our in
terest to have all kinds of industry,
all kinds of manufactures. 1 don't
want to create q monopoly, but I
say it is to our interest to have as
many manufacturers as we can.
Why, do yon think everybody
ought to be farmers? Why, Ger
tainly not. II so, the farmers could
not make anything. If everybody
were farmers then the farmers would
have no market. No, it is not the
interest of those gentlemen VINO
are engaged in farming to have
everybody else quit their mechan-
ical pursuits and 60 to farming 1t
is to our interest TO have diversified
pursuits to manufacture, as far as
we can, what we need, that the men
that manufacture may buy what the
farmer has to sell and sell to the
farmer what he wants. My friends,
will any man dispute these princi-
pies? And yet some politicians
will come before the country and
argue as if there was really no hon
orable pursuit except that of farm
ing. They want to .fiatter the far
mers, but the farmers have too
much good sense and too much in
telligence to be dsttered in that way
They knew that if everybody was
to go 20 farming they could make
but very little at it. Their interest