Show U E LI T TALKS ON TARIFF With Cuba Will Benefit tea 11 Both Countries I CONCESSIONS m r h 01 the C rW ed d hUb fl i n J noose April rin ft c rau pauL but three hours 11 this city lilt et Itt Wore before being J in whisked roon t I S ta The Flie presidents i to ii 0 olle ahead aheu of 0 f was traIn run cIl an uneventful run i after tt inhere where a 11 large crowd Had I rom to and cheered for fully funy On the mn run UI up a fow K Kit r vO minuteS minute tU teS glen given to tho the people J at t brought out a t tl whose hofe city m Lk Jk of thanks from train the thu l IY expression ent pulled through the 81 St IJ Sri the the tie depot dellot battery buttery rau laut 10 o national guard t th other Blue sillo of ot the llio river rIser bc the th i i on Oil presidential salute In Int the lie t td out in the yards und tho the Ncr jEg 1 the th lungs iti engines of ot an immense crowd jJ capital the entire party vas sva From thi of the Ihl through the tho part jart tireD lack of ot time Uma limiting lee lion limiting I drive drIe anti and at t the corner of o Sulby eby Sl y e Dale streets special cars and nd Z me t noue tre en nu in waiting und and the party wall jUa through the residence section li st S t Paul laul und and ai o oi tIt st the hotel Minneapolis to LI 11 i banquet was wall held heldt here litre the banquet the presIdent spoke spoken At t question of ot tariff He lie said loa on n It the PRESIDENTS ADDRESS 11 Fellow Fello the special lit of oC the senate senat S lIate held In March Marc the Iho won iron i this robin b D treaty trealY was WIlS ratified When offet erret It will confer conCer into ty K goes go S economic benefits alike up ups Cuba Caba because of o the Widening of o oI s fl r I markets In the United States and rm G the lIt United States Siales because of ot the tho theoLi oLi and the progressive It will give tIVO to our people In the thc tan markets This treaty Is la bene w to both bolh parties and justifies Itself u u n leveral grounds In the first place her natural market n e ter to 10 Cuba can caD n confer conCer upon her a benefit which to 0 other nation nallon can confer conCer and ant for tor tho the er fl reason aoa that we wo have started her lIeI heren herIn en In Independent republic and that we lYe werch prosperous and powerful It Itt t hooves us to stretch out a n helping ui Iud n to our feebler younger sister In Ine l e Delt place It widens the tho market or J our products both tho the products of ot ote lie e firm farm and OntI nd certain of o our law re JIt and aU an It w 15 therefore In the thc Interests I our cur farmers itier Iller 1011 and Finally tho the thesty Ill sty was not merely warranted hat but sanded apart from all other consul consid cons It of oC our foreign policy More and natI andre ore re In the future we wo must mu t occupy a II position l o in the waters rl d along the coasts In the region south ru r E not a 0 1 position of ot control over oer the of at the south Bouth hut but of control thi e military situation sO BO as ns to avoid y J J rosI lc complications In the tho fu tu fuat fue at e 1 Under the Platt amendment Cu Cn greed creed to 10 give us certain naval sta sla stain in 1 on her coast The navy nY depart ci t decided that Ihn I we needed hut t t ve have specified ed where these two It t to 10 be President Palma has con can coned HIM ed an aD agreement giving them to n q qi la In i lament fre agre nent ment which tho the Cuban leWIs le ls tvs l fA body will doubtless soon Roan ratify other words the republic of ot Cuba Cubo i sunned Illumed a Ii special relation to our political system R stem under tinder h b in she gives fives us Ug outposts of defense i 1 Te n are lite morally bound to extend Iter ter r In i a degree the benefit of ot our ourn n 11 5 economic economic system R tem From everY evers poInt of wise who and enlightened we Jie and policy lolic the 4 or of the Cuban treaty marked a II sten progress In the Iho growth ur n lon toward greatness at home 1 PRODUCTS Eplly Important waa tho the action the Iks e tariff upon products of the We t gave Ino them a n reduction f 1 per Wr cent and would have hove given gen Qa a reduction of 25 per er cent moro more malOId II Id It not lot been for the opposition In d closing days of ot the thc ln la int t tv tn Ion n of ot certain c Gentlemen who by v II have h been blen representing them themi kes u i tooth both bo 09 as solicitous for of oC the Philippine people eole 4 U champions of or the Iho low lowi i or of tariff duties II u lies There la is 11 a d dis Is 1 numerous side to 10 the fact that t i jU IOn of o duties which would woul l att fit rUba uba and aint the as lR fl 1 II 5 OU was antagonized agonIzed ani It l by oy th tho w who vho In theory have ho vc n A jona ond of or themselves an guardians of ot f the Ihu op ov cd v d in the tho Islands nf ni f tea and na the th ardent advocates of ot tho the uJ uon tot cf of dutli duCi s 8 generally generall but hut who wh Ir took 00 violent ground against SIS a to accomplish either el a 0 law was enacted put F I ra it II on Oil the free Cree list and removing tho the duties on ou oil all other kinds ot of coal coni for fop one year UNPARALLELED PROSPERITY mTr We are now flow In a condition of o pros prosperity prosperity unparalleled not lIot In our C history his lory but In III tho the history of ot any an tuition II on This prosperity Is U deep ep rooted and stands on a firm basis be because because cause caule It II Is due to tho Met fact thus the th average American has In him the till out Gut of o which victors lire arc made In iii the great Industrial contests conies Is of ot the present day Just as os In the great military von con contests tests of oC thus tho past mid because I cause he is new able to use USI had and develop his quail lieD lice to 10 best hest he t advantage under our well 1 economic system We are nr winning headship among om ng the thc nations of the world because b our people an nr anable able ahle to tl tc keep their high average or of In Individual ual cItizenship anti and to show shot their mastery In III the hard complex pushing of oC the age There here will bo ho from time to time lime in Iii our pros prosperity ros but It will continue to Ip grow lITO Just HO Mo lon long n as we 0 keep keell up liP this high aver ner nerae average age ae individual citizenship and permit U it itt tj t work worle out HH ItH own salvation under economic legislation PHENOMENAL NAI PROSPERITY ThO present pre phenomenal prosperity IMS been won on under ull er a which was made madl lit III accordance with certain und and definite principles the most Important of which Is an nn avowed de di determination II termination to protect the Interests t of the tho American producer business bu nian ker anti and farmer alike The general tariff policy to 10 which without regard to 10 changes chances in 11 believe bellevo this country count Is Irrevocably com coin committed l Is fundamentally based upon ample amplo recognition of oC the difference UP bp the cost of ot production that It If the cost co t of labor here abroad and an of ot the need to see to 10 It that Hint tour our laws shall In no event afford advantage In I out our own On market to foreign Industries over oCr American Industries to foreign capital over American capital to for foreign eign labor over our own labor T country has Ims and this country county needs need better h lIel ted fed and am of c f a n higher type than are arc to be bc for fot d dIn din In hi ray rny foreign country countr It IL line has and It 11 needs a IL higher more vigorous more mere prosperous typo e of oC tillers of oC the toll roll than han la is IHme el by hy any ally other country Tho The business men the tho mer iner merchants chants and manufacturers and the thi managers of o the thc transportation later Inter show tho the same sonic sup superiority when lCd with men of ef If their html I type abroad The Thc events of the tho last few fest r years have shown shon how hol skillfully the tho th leaders of ot American Industry use In International business bu competition the th Ih mIghty Industrial weapons forged fur for them by b the tho resources of f our country the th wisdom of oC our laws and the tho th c 1 the Ihl Inventive genius and nd the dative capacity of our cur people pontie A MERE MEm TRUISM It Is of ot course a mere mero truism to say ray that we le want to 10 use uso everything In our power to 10 foster the tho welfare of our entire body politic In other words we need to 10 treat Ireat the tariff us UI a 8 business proposition proposition proposition tion from froni the standpoint of oC the Inter Interests Interests ests ot of the country as ns u a whole and not with reference to the temporary needs of any political party par It Is almost t ns aS necessary that our policy should be e eta sta stable ble bhe as ns that It should be wise vIse A nation like ours could not long stand the ruin ruinous Otis ous policy of ot readjusting Its business lu to radical changes chan e In the tariff at short Intervals especially c pe wh n ni as II now iw nW Ing lUg to the Immense extent and variety arleu of o our products the thc tariff schedules carry rates of at duty dul on oa thousands of o dif different dt ferent articles Sweeping and ant violent changes In such a tariff touching so su vitally the tho Interests of ot all of ot us u cm em embracing cm bracing agriculture labor manufacture and commerce would woul be disastrous In III any an event and they the would be fatal to our cur present If It approached on the theory that the principle of o the tho protective tariff was to 10 be abandoned The Ihie business world that Is the entire American world cannot cannet afford It If It has any regard for Cor Its lis own welfare even oven to consider the advisability of at abandoning the thc present system CHANGING CONDITIONS Yet Yel on the other hand lland where the time In Industrial conditions so o frequently change as liS with UH us must of ot necessity be betho betho bethe tho the case It Is a matter of ot Import mice lace that we lC should be able a le from time timeto to time to 10 adapt adopt our economic policy to 10 the tho changed conditions Our aim should be e to 10 preserve the policy of a protective tariff In which the nation as liS a n Imol has acquiesced and yet et wherever and whenever necessary to 10 change the du duo duties doties ties Jn In particular paragraphs or sched schedules ules tiles as matters of legislative detail If It such change Is demanded by the Iho Inter InterestS us estS in of ot the time nation as its a II whole In making milk In any an readjustment there thero are arc certain Important considerations which cannot be disregarded It If a n tar lal tariff lalm lit iff law has on the whole worked well ell anti If I business has prospered under It and Is prospering It may be better to en endure endure dure some seine Inconveniences and Inequalities ItI s for far a Il time than Ihan by b making changes to risk causing disturbances and perhaps paralysis In the time Industries ouch and 1111 business of or time the Ih country The fact that the change In a I given hon rate of ot duty dut may be bethought bethought thought desirable ble does mInes not settle time the question whether It is IR advisable to 10 make the change Immediately Every Ever tariff deals with duties on thousands of arti orti articles cles vies In hundreds of ot pOrn para paragraphs graphs and lint In ninny many man schedules These duties affect n a vast ast number of ot Interests which are ore often oCten conflicting If It hary par Mr for tor our welfare then Ihen of course Congress must consider time the question of ot changing chancing the law ns as a whole or cluing chang changing ing lag any an given rates of duty but wt we w must remember that whenever even a u JIngle schedule Is considered some In Interests Interests will appear to demand a n change III In almost every Cery schedule In III the ht he law lawand and when It comes to 10 upsetting thin the schedules generally sener ly the effect upon the time business Interests of ot the country would be ruinous TARIFF REVISION One point wo we must steadily keep In mind The Time question of tariff revision speaking broadly broad I stands wholly apart the Question of oC dealing dlf lIng with the trusts trust t No change In tarIff duties can con have any nn substantIal effect In solving the IIII trust problem Certain great greot trusts or great gr at corporations aw are wholly unaffected by b the tho tariff Irac Practically nil sil the he others other that are of ot any nn Importance hava hav as a II mater maler of fact fart numbers num rs of smaller American compell competitor tots tor and antI of course ft n change In the tariff which would work injury to time the large corporation would work not nol merely Injury but hut destruction to Its Ito smaller antI and anI equally of ot course such n a 1 change would niter aster to tn nil all the n connect connected cd ed with willi either the large I or the thc small corporations from Krom time the standpoint of at those Iho eo Interested In the solution of th the trust truit problem nl such n a change would therefore merely mean that the trust was ras relieved cf ot the competition of oC Its lis weaker American competitors and tin nd thrown only Into competition with for competitor and that the first of If I fort to meet this new competition would be made by b cutting down wages aces and would be he primarily at the c CliP COSt Kt I of ot labor In th Iii caw CaP ra of Ut some cf of our greatest trusts truls sut such h n it change might confer upon them Hum a II Speaking broadly brull ly It 1 is II evident that the changes In tho time tariff will vIli affect the time trusts for tor weal W eal I or for wo woe soe simply RS IS they time the country count The tariff affects trusts only as all a It affects all Doll other Interests H it makes all nil thet c Interests large larg or er small profitable anti and Its benefits can be taken from the tho large largo only under tinder penalty of ot taking them from fromn time the small mai also QUESTION SUMMED UP 4 To sum up then we must as us ti it 1 peo pea people plo approach n it 1 matter of such prime economic as tho time tariff from the time standpoint of ot our business needs We Wo cannot afford to become fossilized to or to fall fail to recognize the thc tact filet that thatus us t the needs of ot the thi country countr change o It IL may be necessary nce sor to meet these new nest needs by b changing certain features of oC cur JUl tariff laws Still less lees can eun we 0 afford to tall fall to recognize the further fact that these changos S must not bp be made until smith the time need for tor them outweighs the disadvantages which may many result and when it a t becomes necessary lIry to make them they should he be made with full recognition of at time the neel of ot stability In our economic system and of oC keeping unchanged the principle ot Of that system B S tem emit has hns now no become n a settled policy 11 C In our national I life lICe We Ve have prospered marveloUslY at home hOllie As imm a n tuition nation we stand In the time very vcr forefront In tho the giant International Industrial competition of ot the Iho day ilay We cannot at ufford atford atford ford by b any al freak of folly to forfeit the tho position to which vc sic ve have thus hus trl tn attained l |