OCR Text |
Show A WORTHLESS REMEDY. To Deal With Domestic Trusts on the-Plan the-Plan of Increased Foreign Competition. Com-petition. "The unexpectedly largo treasury suipliiR for August is duo to the productiveness pro-ductiveness of tho Dlngloy law. Tar' Iff tinkers think thoy can Improve Uio present tariff, but tho practical business bus-iness sense of tho country will bo slow to believe It. St. LouIb Globe-Democrat.' Globe-Democrat.' Tariff tinkers do not concern themselves them-selves with bo trivial a question as revenuo production. Their solo idea, seems to bo that the times are too prosperous, that prices aro too high and that somebody is making too much money. It Is for tho purpose of rectifying these objcctlonablo conditions condi-tions that they urge the Importance of tariff revision. They are quite right. It would unquestionably bring about lower prices. To tako oft the duties on nrtlcles competing with trust products would lower prices forthwith, nnd tho decreased rango ot prices would hold good until such time as our own trusts should have reached a "working agreement" with the foreign trusts. In tho meantlmo all tho non-trust non-trust Industries would suffer a knockout knock-out blow. That would stitt tho trusts oxacly. Onco domestic competition wore removed tho home trusts would bo masters of tho situation, and in a position to dlctato terms with foreign competitors. , With tho disappearance ot tariff protection wopld Inevitably como tho International trust. Tho tariff Insures homo competition, and homo competition Is n safe and certain cer-tain check upon trust extortion. You cannot smash tho trusts by smashing tho tariff, but you can smash tho non-trust non-trust competing industries by that op-eralon. op-eralon. Tho "progressives" clamor for lowor tariffs and forolgn competition competi-tion as a means of throttling tho trusts, forgetting that this plan would at tho same tlmo throttle tho competition com-petition nt tho non-trust concerns, Either they forget It or aro unablo to comprehend It. In any event their remedy Is futile, worthless and da. structivo. |