Show A GENEROUS MONOPOLY rAn An announcement comes from Xe New NewYork NewYork York ork that that the steel and iron men have hae met and agreed agreed to submit to a reduction reduction tion Uon in the schedules s on certain manu manufactures manufactures of their product The action foreshadows and it shows show also aKo l o that the manufacturers ma are ar are ac accepting the tile inevitable not because they the want to but because they see that re resistance resistance istance might lead to a more radical cut than if It they the appear to be generous To the consuming public however r the th terms of the announcement ht ht demon demonstrate demonstrate strate the remarkable attitude of ot the monopolies I toward the government Indirectly tJ though not In Inexplicit Inexplicit Inexplicit explicit words the steel men seem to think they can cm agree or submit to terms on the tariff or not that whatever re ie reduction reduction they the permit will be a n conces concession concession sion slon and that the revision of the tariff is a n thing to be dictated by b the th interests that have already alread made marIe enormous and andin andIn andin in some cases illegitimate profits out of or government favor faor Not that this atti attitude attitude attitude tude is remarkable at all the American people have permitted the Idea to grow grO grOup up among the protected favorites that they the have some sort of or sacred right to dictate i J e and th that t any yr reduction ilu Lion tion is an infringement ment of that right If the present discussion produced produce no nother other ther good results It would be worth all the he time jt it takes because it Is awaken awakening awakenIng ing the th people to the fact tact that they the have slept on their rights and fostered monopolies deliberately until the trusts ae conceived the Idea that the tariff Is meant for their benefit only The scramble for tor loot in III the hearing before the Uie ways wasand and means committee has aroused popular attention to the vicious circle In which the pampered industries have moved First it Is a no high duty to protect an infant industry then the th establishment of or numerous manufactures manufactures tures Jures of the protected article then cut cutthroat cutthroat throat competition followed Coll wed by b amal anial amalgamation watered stock and all the theother theother theother other Incidentals l clde of After ACt r that freed of ot competition either at home or abroad the owners of the mo monopoly monopoly think they the are perpetually en entitled entitled entitled titled to a duty that shall not only pro protect them but guarantee a reasonable profit on their watered securities This last stage Is the condition that confronts the ways wa s and means commit committee tee and the Ule American people Evidently the committee even with Dalzell and Payne Pa ne In its membership has awakened awaken awakened d to the fact that an honest revision In some degree will have to be made or else the Republican Re party Jart will have hae to meet utter defeat at the next congressional congressional election I The trusts may ma submit or not just justas as they the see fit but they the may as well ell i prepare to see a change in the spirit of II congressional action that will take into I consideration the consuming masses I I The cost of living under the iron rule Of or the monopolies has become intolerably ably abl high the prosperity so much vaunted of Republicans has visibly profited only the monopolists either as aggregates ga e of capital or as classes of ot labor which are in position to dictate terms to employers ers The great middle classes clashes the salaried men and those of or fixed income Have Ilave suffered buffered actual loss and been crushed between the upper and nether millstones until they the will endure it no rio longer They The are the ones who have hae submitted to tariff Impositions Impositions timis and they are arc so f O tired of it they the will either have a marked change at this this session of congress or change the party p I In control of or tariff legislation |