Show IRS IBS monopolists the strongest argument munt urged by the Demos democrats rats during daring the last campaign against protection was that it had a tendency to produce a lot of millionaire monopolists some people accepted that statement as correct and got an idea idaa that the tha millionaires millionaire a of this country made their wealth in industries now comes the Amee american ican economist and gives the follow following inq list of the wealthiest men man of our nation william W astor jay gould john johnd D rockefeller cornelius cordelius vanderbilt william K vanderbilt 80 joba J astor aster 11 ILM 11 flagler 60 john johal 1 blair lj ib stanford Sta OW G CP P ll ton of course in in that list are both re ee public ant and democrats somo forno who are neither and some who have been both as aa circumstances best suited for instance it is is hid of JAY gould that once when asked ked to which of the parties carlies he belonged he answered when I 1 am in in a democratic state I 1 am a democrat when I 1 am in a republican state I 1 am a republican but I 1 am for erie ena all tho tha time but in in that list hit how many protectionists projectionists do you find there are none there for thoss those men found it t easier to make their wealth in in other chau channels nels the peoria bl journal says the astor hartune was founded on fur and other trading end and has multiplied through the advance in in real estate the vandera ft it we were reborn corn in steam cost boxt n I 1 have been steadily accumulated the rapid growth of railway the blair Sta stanord and huntington foi tunes were obtained ili through rough fai bigoted bighted investment investment in ID railways rail wava the pacific coast the early development of its railway E system to staniford Sta and his bis as soc socrates socia bates tes jay goulds fortune is 13 the rake oarl off R which were unaffected affected ur ut hy by any problem of tariff lariff he lived in in a laud and time when such stich a fortune could cid be made without regard to politics thus it will be seen that not ono one of these very wealthy men made their riches in protected industries which ought to open the eyes of those who have bave believed that men could not nm become mill millionaires lenaires en aires axce except P t for the robber tariff it has been charged that high duties have produced fields for monopolies monopolio 3 and have our millionaires come into existence As ABU to I 1 that hat charge the american kwist answers that the way is open for any and all to male make iron iron st teel steel wo olans cottons ac A c and there is is no lack of capital tho city of now new york could rally a solid company of men able tomorrow to invest 1 00 in in these industries if they chose choie and none could say nay and no way batman men are not anxious to go into the manufacturing fac turing business even with a high tri tariff fr ina in addition to the towns have been holding out to meu men who would establish factories wiship their borders splendid bonuses and still tho manufacturing indu industries of the tha united states have been of slow growth we have still to import many simple articles article 3 from abroad that mi might ht just as well be made at home we ive do not need to go far from horne home to illustrate how hard it is to got get capital to invest in factories we all know what a great graat noise thra Damoc democrats rats raised over flo utah sugar factory and its ita enormous bounties from the territorial and the general government ern ment budwith but with all this inducement for investment not noc many cared to take stock in the concern they felt it was too risky a business and the same is true of nearly every kind of a manufacturing industry for instance we import thousands of dollars worth of boots and sh ehmes every year and the manufacture of them requires no great 1 skill yet how bow many would caro care to invest in a shoo find fand boot factory for provo it should require no argument for tiny any one with sound sense sanse to see that the only way to get home industries of the kind kiddwe we have been writing aykut isto is to give to the promoters liberal encouragement in the start that thai has bas been the polity of wisest men in the and lot let us hope i P will continue to be the pol policy ey in tho the future |