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Show OCR IM)t STRIAI, ENEMIES. Mr. Mi'Kini.kt made a half way denial of the patent fact that the law has accomplished Its object in raliiiiR prices, if It Old not, wherein would it protect? And has he repented repen-ted of his contempt for "cheapness" express d ,on a hundred platforms In isyo. New York World. The World, like all free trada organs, refuses to recognize the well known fact that the tendency of prices is always downward under a tariff that affords sufficient protection. The building build-ing up of home industry uniformly results re-sults in the cheapening of prices paid by consumers. The figures are often raised temporarily, but the final result is always the same. It is admitted by the best class ot thinkers, by all who give any serious attention to the subject, sub-ject, that it would be better I to pay a little more for goods anil thereby retain our money for circulation among home producers, but the truth remains that the surest way to secure lower prices is to encourage encour-age domestic manufacture. The great principle involved in this endless controversy con-troversy was most happily stated by President Harrison in his speech at San Antonio when he said: "The advantane which you have to trans mute the production of tho Held Into manufactured manu-factured products la very reat. There can certainly ho no reason w hy a very lanja part of the million of bales of cotton which you produce should not ba spun In Texas. I hope your people will more and more turn their thoughts to this matter for Just in the proportion propor-tion as a community or state suitable divides Its energies amonif the various Industries so doe It retain the wealth It produce and Increases In-creases the population.-' This is the whole thing in a nutshell, but the president might have gone on ami toid his auditors that the experience experi-ence of thirty years bad demonstrated that this diversification of industry not only retained the wealth produced at home but secured cheaper prices pri-ces for those manufactured articles consumed by the community. The democratic papers dodge the issue and deal in sophistries that give promise prom-ise of befogging the minds of careless readers. They insist on the one idea that protection means high prices and would have fheir readers infer that there is no public benelit derived from ageneral law of the kind under consideration. consid-eration. In order ostensibly to do away with high prices (but really to benelit foreign manufacturers and domestic importers) they would tear away tho protection walls and permit the industries indus-tries of this country to fall to a level with those of foreign nations. It would be impossible to start a crop if the neighbor's stock were permitted to tramp over the ground at will, and it would be very foolish to tear down the fence and let the cattle in after the crop had matured. The stock would get fat, but your neighbor would raise the price of the corn if you should find it necessary to purchase of him to make good the loss sustained by tbe devastation devasta-tion of your field. |