Democratic Sentinel, Volume 8, Number 16, Rensselaer, Jasper County, 16 May 1884 — Page 8

HON. T. J. WOOD’S SPEECH.

(Continued from First Page.]

or the same price as the imorted article, and the domesic manufacturer received the lenefit of the 67 per cent, duty non this sum, which makes "3,350,000 paid by the people, ot one cent of which went ino the public Treasury. It is lie talk that the home prouct did not sell for the same rice as the imported article, f the domestic manufacturer ndersold the importer, then he import of glass would cease iut the importer did sell in the American market near one lillion and a half dollars of window-glass, and the home 'roduct did not undersell it o as to drive the imported aricle out of the markets. No party can stand before he consumers of this country nd sustain a tariff like this. >ut this is what my Republian friends on the other side f this House call reform. Is obbery of the consumer more omplete, No other civilized ountrv imposes such burdens ipon the many to support the ew under the guise of nation--1 benefit. Every laboring man n this country, whether in the actories or out of them, pays n enormous tax when he lothes himself andj’family. There are about $9,000,000 of aboring men in the United dates independent of the faraing class. You can almost ount the millions taken from heir daily wages annually by his cruel and exacting law. — There are about 8,000,000 farmts who bear the sam 3 burden. This tariff law takes from the lockets of the people over -500,000,000 annually. No (tht people could stand this unust drain of annual profits oi any considerable f ime, and >ur own people, < -wning in fee -plendid farms of incomparaile soil, aided by the improvenents of farm machinery, are able to produce enormous (uantities of the cereals and ill farm products for home and oreign markets; but withal hey are only able to stand the iressure for a few years,"when financial distress comes and nvolves a vast number of them DIVERSIFIED INDUSTRY. The present tariff, unequal n in its protection, is ruinous vo diversified interests. Capital is selfish. It seeks the investment that brings the heavest returns. The tariff on 1 totton and woolen goods, iron, tnd steel is so protective that t stimulated unnatural prices, vhich invited an overbalance ff capital for investment in hese industries, and the result is overproduction. I ask he. Clerk to read the report of <lr. Swank for the American t.ron and Steel Association, lade May 1,1883: At :he beginningof June nearly all be milis referred to (rolling-mills of Pittsburgh and the Wesr) were closed y a general str'ke which continued QVil the last of September, when ork was resumed upon the scale of ages which had previousl, prevail I. During the strike of four months le prices of rolled iron did not ad ance, notwithstanding the stoppage £ so many mills, a fact wnich clearly emonstratcd that the capacity to roduce this form of iron had again, .i in the panic years, exceeded the -.mand. * * * At the same time - must be frankly admitted that our -lling-mill capacity has for 6ome me been in advance of the con imptire wants of the country, and iat the check to the overproduction ‘ rolled iron which was afforded by to strike of 1882 was in no sensa a damily to the manufacturers. Many unprotected industies languish all over this counry because of the unequal inestment of capital in the i gih 1 y protected industries nd labor is poorly paid or wholly unemployed. The class ivoritism of this Government as caused depression in all inds of business. The equaimity of trade, the only basis f true prosperity, is disturbed y the overproduction of the tandard, goods, and the milions of money invested in aem is now inactive and help3ss, and a sympathetic deression pervades all other inustries. This is the history f protection. injustice to farmers. Protection compels the farmrs, numerically the greatest ’ass of consumers, to pay high rices for all they buy, while ley are compelled to sell the >roaucts of the farm at fr«erade prices. The protective iriff establishes the price of . manufactured articles at home J

but fails to establish a price for wheat and beef, -shat is fixed in the free-trade markets o f the world. Farmers buy under protection and sell under free-trade. High protection makes high prices for imported goods. If the domestic manufacturer sold his goods cheaper than the imported ar tide they would exclude the latter from our markets. <he home manufacturer will not compete with the importer, because it is against liis interest to do so. He wants enough of the imported article to come into our markets to pay the high duties and establish prices. That is the index for the home product. 1 he prices of domestic manufactured goods will not be fixed by home competition under high protection. We can have competition among domestic manufacturers only by enacting a prohibitory tariff to exclude imports altogether or have no tariff at al 1. The manufacturers do not want a prohibitory tariff nor free-trade. They want a high protective tariff that admits foreign goods to our market on payment of high duties, and they take the price of the importer, after duties paid, for their price. Here is an example: — The Government received about thirty millions of revenue from tlie import of mamufactured woolens last year. — I he home product amounted to four times the imported article, or about two hundred millions. The average duty on woolens is about 65 per cent, ad valorem. The importer paid the Government thirty millions in duties, charged it to the selling price of his goods, our people purchased them and paid the duties; but when the people purchased the two hundred millions of the home-manufac-tured article they paid no less price for it than they did for the imported article. If the people could buy the home product cheaper would they buy the imported article? — Certainly not. Hi. eis no difference in the pric-s of the imported and domes! article, ihe farmers and othe ;onsumers pay 65 per ceni 011 two hundred millions oi lie (domestic product, which goes to the benefit of the manufacturer. This tribute given and none returned brings periodical distress to the farmer, and he is met with the sneering query, “If you have anything to sell, can not you get a good )rice for it?” He has sold his products to the minimum and has saved little or nothing from the prices received, for the reason the tariff has robbed him, silently robbed him,at the end of a series of years. He has sold at Liverpool prices instead of the promised high S rices of the home market. — o class of men work harder and save less than the average farmer. We are told that the farmers have prosoered under protection. They have prospered in one way, and that is in the increased value of their farm lands, which came by crowded settlements and shipping facilities. Value their lands at SSO per acre, count cost of labor, fencing, farming implements burdened with pr Section prices in all their parts,keeping work-horses,and he can not raise wheat at less than 80 cents per bushel and corn for less than 20 cents. I agree that Western farms show evidence of prosperity; but how many years of patient toil do they represent?— You must go back forty to fifty years for a beginning on these farms. If protection has made good farms, it has been slow indeed. A man works forty years from daylight to dark upon his farm, makes himself a bard taskmaster, and if he is economical in his living belore he dies he can build a barn worth SBOO and a house worth #1,500 or #2,000. Yes, farms look prosperous by a lifetime of toil and close economy. Tell me this is the fruit of a protective tariff. No; that yields him exceeding bitter fruit. All the farmer wears and uses in his business from his pocket-knife to a tin pan is forced up to double its value by tariff law, while he sells his farm products at home and abroad for prices fixed by competition in Europe. Talk to the farmers about pauper la-!

bor! 1 hey are forced to sell their wheat at Liverpool, if they seH at all, and there they come in direct competition with the pauper labor of the Baltic, where only #lB per year is paid for farm labor, and a worse competition with the labor of Egypt. Why the anxiety to protect manufacturing industries, many of them ever fifty years old and worth millions of dollars, from the pauper labor of Europe, while you see the large body of agriculturists, on whom the prosperity of the country depends, selling the products of their labor in competition with the poorest of all pauper labor, the unskilled labor of Egypt* HOME MARKET FOR THE FARMERS. The promise of protection is a home market for farm products. Thai is a humbug. The American people can not and never will consume the products of the American farm. — To do that you must import 20,000,(XX) people and put them in the factories and workshops Then a worse result would folon the other side —overproduction of manufactured articles. In 1880 the American people only consumed 64 per cent, of the farm products. I heard a Western farmer say, “ vVhy, see for yourself. 'J ake the surplus of six great farm States, then count the number of people piotected and their employes, and each one of them would have to eat six barrels of flour per day, a ton of beef, l,ooc pounds of bacon, chew a hogshead of tobacco, and drink twenty gallons of Kentucky whisky.” It’s nonsense. hey advise less farmers. hat would not increase consumption and would not lessen production materially, as improved farm machinery takes the place of men on tlie farm. The home market for farm products goes farther away every year. In 1860 the farmers raised $170,000,000 in wheat, and exported $4,070,764, or 2£ per cent, of the product. 1111870, high protective tariff year, they produced ?550,000, < >oo in wheat, and exported #47,171,229, or 14 per cent, of the product. In 1880, same tariff, they produced $425, 000,000 in wheat, and exported $190,546,305, or 36 per cent, of the total prodn ct. The export of pork will average $70,000.000 annually since 1870, excepting the time of French and German interdiction. The export of beef and beef cattle exceed this during the same years. There was also a large export of com and provisions. Farm products overstock the home markets more and more every year, though protection has been on trial for nearly thirty years to fulfill the great promise of a home market for the products of the farm. It is a failure.

FALLACIES OF PROTECTION.

We desire to notice briefly the fallacies urged iu support of a protective tariff. 1. Its advocates tell u» that high duties ‘protect’ American labor, and cause workingmen in protected industries to receive good wages. We could argue with an equal amount of logic that night always follows day and therefore day is the causa of mghl. But the fact ia ‘protection’ can not, causo good wages, neither can day cause night. We have demonstrated ia r, previous article that the chief object of protection is to enabl the home manufacturer to sell his goods at an artificial price, but does the manulacturor pay any of this extra money to his laboref sin the form of wages? Not at all He hires his laborers just as cheap as he can get them. If competent laborers were to bid down on the pr ceef each •there wages until lie could hire them at 25 cents per day, he would be foolish if he gave them more than that although he were making 100 per cent profit per month on his owr investments. It is a notorious fact that strikes Accur oftener in protected industries than anywhere else on accouat of the low wages paid.— Whenever the laborers do strike for higher vages the manufacturer can easily supply their places with a ship load of foreign workingmen if he chooses to do so. The native laborer is not ‘protected’ by any duty on foreign workingmen as his employe is on goods of his own manufacture. Yet the very men who favor the highest protective duties on toreign goods, maintain that the (Chinese and other cheap laborers should come in thousands to this country. The per cent of increase in the wages of lab Ter* hue been much lose under ‘protection' tli x i) uno. i cm., pnr.-.t . n free .rude, which *e enjo, ed ft• •iu 16. Jlo 1861, On the other baud ‘pioiectioii* decrease* the laborers wages because it lessen* the purchasing power of the dollar by increasing the cost of the necessities of life Free trade tends to increase wage*. John Bright is good authority for the statement that the wages of English laborer* have increased 25, and in some cases 50 per cent, under free trade. They are now 100 per cent, higher than in Germany and other European countries that have protective systems. Again, the United states census of 18so demonstrated that 94 per cent, of the laborers <>f this country are engaged in iigrit uhure and other kinds o 1 labor, whereas l (i per cent, vnly are engaged in protected industries. J ; a high tariff could benefit worn men in

protected industries il is wiong for a government to legislate in favor of six per cent, of its laborers at ilie expense of 94 per cent., by imposing outrageously high tariff taxes tor their benefit onlv. I. A second fallacy of •protection* is that it enlarges our ‘home market,’ A market is made up of buyers with cask or its equivalent in their hands. A bigget home Loniket consists of more domestic buyers wttn ready pay in their hands. How cau protection accomolisli this?— Car. it do it by increasing the number of births or diminishing the number of deaths in a given yertod in .my country? Ocriatnly not. Again, a comparison of data will show that our home market was much larger during our oomparative free trade era thau it has been since under •protection.’ 3 'lha protectionists .claim that high tariff is necessary to lb* existence of American manufacturing industries, or in other worus lue people must act as a sort of wet nurse for them by submitting to be roundly taxed lor their support, — The assumption is that a people can not prosper unless heayily lax*d, This is Very unreasonable It is a well-known fact that duriag the period of our colh-v mal history mauujactuies sprung up and grew very rapidly without a protective tariff to favor them One of tin; chief causes of their war lor independence w»* the restrictions which the mother country wanted to place on their commerce (Jan it be possible that we are not as well piepared ndw to maaulactuie as we were ' then? The three things necessaay for manufacturing are capital, material and labor Capital is as cheap here as in any other country j Raw material is as cheap, perhaps cheaper than iu •fe.uropean countries, because manyjjof themjiuiport much raw cotton and other material for manufacturing purposes, whereas we do 1 *tdo that Labor I'orm3 about onefllili of th* cost of manufactured articies in tilts coumry In ioreigu countries it is from onefcthird to on««hait cheuoey than this, but this trifle is mad • up bycost at ocean transportation paid by tue foreigner Hence we conclude that tlie United States are as well prepared for manufacturing as any country in the' world, and do not need the fostering care of a high tariff in order to succeed 4 Perhaps,the shallowest fallacy that the protectionists have yet advanced is, that free trade would ilobd our markets with cheap foreign goods, and that 'pros .tection* is the only barrier against this destructive flood Thu advocutes of tuis theory have every reason to be afraid of ‘floods’ Their house is built on sand or they would not fear them Such a fallacy is scarcely worth noticing This counlry can be Hooded with cheap foreign goodsgoniy by flooding foreign countries with our own cheap goods Foieigneis a f d not goiug tp give away itieir goods jf they desire to do this we would b„

R P. BENJAMIN, Having purchased the stand of F. L. Cotton, will keep constantly on hand a full and com piety supply of Lumber, Lath, Shingles, afindows. Doors. 8 sh, Etc., HARD i SOFT COAL. My stock has been bought for cash, and I can offer superor inducements to cash buyers. Please call before going elsewhere. Rensselaer Ind., Dec. 7,1883. a F "aBsI ft coWe would most respectfully announce that we now have a mp lete line in new styles of K-MLHf T!JK.Ex Parlor and Chamber sets Cottage sets, Walnut and common beds, Mattresses and Springs, Hook Cases, Ward robes, Bureaues, Marble and wood top stands and Tables, Easy Chairs Cane-seat and wood chairs, Kitchen furniture, Safes, <fcc PICTUBETPRAMIS—7 Carpets, Floor and Table cloths. Rugß, Ottomans, Foot-rests. Window-shades, Queensware, Table and Pocket cutlery Plated Spoons, and many Novelties on our 5 CENT COUNTER. —■—— Undertaking department Onr Undertaking Department is complete. We carry the best stock to be found in the county, Metalic, Draped, Walnut and White Caskets, all sizes and prices. Nice stock of Burial Robes. No charge for Hearse. C. G. SEARS, Opposite Court House.

quite foolish indeed if we did not aeoept all they wonld give us Foreigners are undeubtedly ieadv for an exchange of goods with ua An exchange of commodities would be a <>ititn«! benefit to both parties, or r J-»- there would be no mol've for tie.- :r idt- 1s a sort of argument is a conie«udo • by the protectionist that a iich tariff '* a b • > ir.u .ml ; ;at it makes things “a t <•> u;. a fon.lru s.- for scarcity and a. terror in view oi nbnud :• *-e 1 1 eefesse-- Unit free trade won .! m.-.i e ft.| i». e,i » : . — v «.-i y clan, ,a-:!ej • U •to:> •

THOUSANDS SAY SO. Mi. T. W. Atkins tiirar-l» Eansas writes: “I iM-r-r h.-«i .t<> tv. recommend your Elfiiio l»ii;»-isto ray c nature er«, they give . mire sivtisfdi >n and are rapid se ieis.” Ele *tr >• BirLrs at.* tin: I'iiN'si and best me iei.ne known and will positively cure Kidney and Liv, r coin,.! .n fs. Purify the Mood and regulate the bow.-ls.— No family turn afford to b-w thout them. They will save hundreds of dollars in doctor’s bills every year.Si at fifty cents a boitle by F. .• Lean ling. 3

KmWN to Men of Fame and Bcience for Removino ALL IMPURITIES OF THE BLOOD. Acknowledge! a Oran!, Pleasant, an! Efficient Cwe for CONSTIPATION, duU face, heaviness. nVQPPPQIA known by irregular appeUigrCiraiH, tite, sour belching, weight and tenderness at pit of stomach, despondency. I IWCP Complaint, Biliousness, Malaria, Chills and Fever, causing soreness in back and Bide, also bottom of ribs; weariness, Irritability, tongue coated, skin yellow, hot and cold sensations,eyes dull,dry cough,stifled and obstruct ed feeling, irregular pulse, bad colored stools. APfIPI FYV Epilepay.Paralysis,dim nrurnfaAi M^t sound in ears, giddiness, confusion in head, nervousness, flashes of light before eyes, loss of memocy., Diseases of Bladder and KinNEY<% urine dark or light,red deposit; aiuiibiq, burning, stinging, bearing down sensations, frequent desire to urinate, uneasiness, inflamed eyes, dark circles, thirst. Diseases es HPADT severe pains, llnttering or weight near nC.Hn I , heart, more so on moving quickly and when lying on left side -, out es breath on exertion. MPAnAPMF duU or sharp pains in temples, MLnUnullfc) eyes or head; faintness, nausea. Dropsy is caused by watery fluid. Rheumatism, Ac., by uric aeid in blood. Bowel Disorders by eorrnpt .patter. Worms by the pests within. Colds by choking of the secretions. SWATHE’S PILLS, by gentle action, remove* the cause, making a permanent cure. Sent by mail fes 25 centß box of 30 Pills; 6 boxes, SI.OO. (In postagestamps.) Address, DB. SWATHE A SOH» Philadelphia, Pa. Sold by Druggists.

THE INDIANA STATE SENTINEL! * M 111 1524. An nncompromism.r enemy of Mono! p >iies iu whatever form appearing ani especially to the spirit of subsidy £ embodied in the present Thp3vthg Tariff* THE SENTINEL is theVecoS leading Democratic newspaper -if the 8 ate Many new and approved featmlroda“'i - ill. Supeiuor 8-Page 56 Column Paper. ’ This Enlarged Edition will be furnish postage free, at ONE DOLLAR It will contain well considered ediir nals on every subject, political or socir - anse - Tl ie Commercial al, Maiket Reports of she Weekly iSfvu'?,?dV! iln n COmplf!te - Its 'sneukurand Home Departments are in the be t £ a mr?, dB, T and Will ,ie a liistinguishiL; feature. In a word, in its news, its ec - tonals literary, miscellany, and in if, general reading, it shall not lie surpasseo b) any paper circulated ia the State. It will be particularly adopted to the -famt ly circle No ininking man in the State can afford to do without the Weekly SeaTHE SFNTINEL, in addition to its superiority, is moreover an Indiana Paper, devoted to and especially represent* Indiana s interests, political and otherwise, as no foreign paper will or can do, am, ought, therefore, to have preference over the papers of other States, and we ask Democrats to bear this in mind, and bFL&aT Their Own State Paper When they come to take up subscrip t:ons and make up clubs. THE IMPENDING CONFLICT, The recent elections have revealod political conditions which will, without doubt, make the Prosidential election next tall the greatest political conflict of our history. It is due to Duth to say Liat the conditions are such that each party may reasonably be'teve that it can .succeed by a. mightv effort. Here in Indiana, as in ’76 and ’BO be enacted a mighty struggle. The corrupt party which has becD sos nearly a generation fattening upon spoils and plunder, wilj go Imm its lung posh sestdon of a Canaan flowing with tba milk and honey of spoils, only when it ’’ He exhausted ito utmost endeavors tn stay. The Country is no stranger to the character and variety of means brought into requisitions whera Republican monopolists, bosses and plunderers unitedly make an effort. Fellow Democrats, there are couditions upon which we may reasonably raekon a probable success. These conditions, and theyfare the only ones, are a united and great effort. Every shouu. der to the wheel! n . ow i the conflict is in tlie air.—* lhe sentinel will contribute its best effort to the end of a grand Democratic victory. Its work can be best done when a week y visitor to every Democratic home* hence we ask to become such a visitor and add that now is the time for everv Democrat in the State to subscribe for the Sentinel.

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