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Show H Protection and Prosperity. H ' ,, Extracts from a speech delivered by H I , Kdwaid L. Hamilton, Hcpuhllcan, H I ! or MIchlKan, In the House of Kcprc- H . scntatlvcs Thursday, April II, 1001: H ) j ' The history or protection Is a his- H I ' tory or prosperity. The history of 1 ' free trade or approximate free trade Q I Is a history of depression. B The llrst larltT act was reported to H ' the llrst Congi ess of the United States H by .lames Madison, construed and up- H held by the fnuners of the Constltu- H tlon, and signed b) Ocoigc Washing- H ington, July 4, 176U M It was Increased by twelve scpciatc H enactments down to the war of 181-, H when It was doubled. H ' From 1810 to 1824 theic was dcpies- H slon or tiadc, and hard times, rcllecd H by the tarilf or 1824, which was raised H by the tarllT or 1828. H j. Clay's compiomlsc ten-) car sliding- H ' scale tarltl or 1833 slid into the panic H : or 1837; but conditions weie repaired H by the tarlll or 1842. H In 1840 we had the Walker fioc- H trade tarllT, but disaster was averted H , by the war with Mexico, putting large H . sums In ciiculatlon, ratnlne in Ireland H j calling for large shipments, the find- H ) ing or gold in California, the Crimean H j war, revolution in Europe, and by re- H J Ilex action prosperity here, until at H last prosperity f i om accidents ceased H and we fell Into the panic or 1857. B Since 1801 we have had protection, B except during the period or panic tin- H der the Wilson-Gorman law-, from 18i).t H to 1807, when we had something else. H In the presence of tills hlstoiy the H banana theory of the gentleman from B Mississippi is the most irresistible H ! thing in the way of logicslnceThomp- H son's colt swam the river to get a B And his dctlnltlon of protection as u BBS "system or taxation whcicby labor Hj and capital are deflected from natur- H ally profitable pticsults into channels H1 of naturally-unprofitable pursuits," H stands refuted bv a mere recital of In- B dustrial history, whereby it appears B that not only have labor and capital BBVt not been "deflected" from "naturally BBj profitable pursuits," but have availed BBS, themselves of all "natuially profitable BBl I ' pursuits," and In addition thereto, B under protection, have turned titipro- Bl , tltable puisults Into prolitahlc pur- Hi suits, to their mutual advantage and f the advantage of our whole popula- B' Fiom the first tarlll law down to Bi I now, when, with the railroads or the H'. I United Slates we could put a glidlc H around the globe at the equatoi, have H : enough left to p.uallcl the l.ilhoads of H ' j Europe, and keep their Hacks hot H with the tiaillc of our piospcrlty, H there has never been a time when B'; Amcilcau cipltal and Amciican labor B have been "deflected" Horn any pro- B tltable pursuit, except when the Dem- B ociallc party has been In K)ver. H Mr. Chambcilaln, or England, has H also recently descilbcdpiotcctlon. In B his Glasgow speecli, October 0 lait he H "Now what is the hlstoiy or piotec- Hv' tlon? Klist, there Mai I IT and no In- H dustry. Then uidually primary In- H' dustrlesfor which the country has natural facilities grow up behind the tai Iff wall. Then secondary Industries spring up; Hist or necessaries, then or luxuries, until at last all the ground Is covered." 1 put tills description over against that or the gentleman irom Mississippi. Missis-sippi. "First the blade, then the car, after that the full corn in the car." 1'llOTKCTION AND MANHOOD. In tills connection Mr. Chamberlain further said: The vast majority or the workmen In the colonies ure protectionists, and I am disinclined to accept the easy explanation ex-planation that they arc all fools. In Its policy of protection to American Ameri-can labor and American Industries the Republican party has alvvas held the quality of American manhood above the cost of a fabric, and In the long run this policy has not only dignified dig-nified American labor, but has lcduc-cd lcduc-cd the cost or commodities to the point vvheic the humblest artisan or today can commonly have the things which Hie wealth of kings could not command a few jears ago. Not only that, but this policy has put money Into the pockets of labor with which to buy these things. Not only that, but the capitalist or today was a laborer estcrday. Here under the Stais and Stilpcs, a boy may dream or a rutnre and rcalle It sometime, and a lowly start In lire only lends lustie to an honorable career, ca-reer, except among a certain snir-sel-ectcd set, who sit around under genealogical gen-ealogical tices suffering fiom dry rot. America has gained Its place In the commerce of the world largely because or the Intelligence or American workmen, work-men, working under piotcctlon mire-.stialued mire-.stialued by rules limiting his energy and ambition. In tnls explanation foiclgncrs themselves them-selves concur. In the fall or 1102 the Moscley commission com-mission or llritlsh experts, represent ing twenty-one trades, came here to investigate Industrial conditions, and among other things they reported: First. That American boys aie better educated than English boys. Second. That the American work-Ingman work-Ingman has belter habits and is better housed, clothed and fed than the English workingmau. Third. That Amciican factories aie better equipped with better machinery, ma-chinery, with which American work-Ingmen work-Ingmen can do more and better work. Fourth. That the American work-ingman work-ingman works mmc hours a day, gets the benefit of all he can do at piecework, piece-work, welcomes new machinery as a rule, and is encouraged and rewarded for Invention. |