Show I An Untenable Theory I 1 D B j RiE anti and sparse of thought as is his tariff message e Mr Mi 1 Wilsons Wilson's lson's I 1 central obsession shines clearly forth His Ills whole conception of or tile the American tariff problem is comprehensively stated when lien he lie 1 declares that our industrial and commercial structure is of fungus growth artificially bolstered and that it must he be placed on a a. level lovel with T the tho remainder r of the world lie He would have haye our 11 industrial I system graep boldly for the cling to that pale orb on and kick kickI I away Jt a its environment The immediate result of that lent feat he lIe does does not discuss iSCU 5 perhaps he lie consi considers ers it unnecessary The Si Pl President ent wishes the producers of America to compete with the thc producers of a n world that is quite di differently adjusted He wants the time steel of Birmingham the wool of Australia the thc beet su sugar ar o of Germany the manufactured woolens of J eods the lead of Mexico e ico to enter the American market free of duty that it may be besold besold sold on equal terms with ith the steel of Pittsburgh tho wool of the west the beet sugar of and Color Colorado do the manufactured woolens I of England n land and the lead of western America Mr Jr Ir Wilson Vilson on realizes realize we presume that all this will require a ai i rc readjustment lIe He understand s w we hope that the tho American working work work- orkin in lug ing man arid and woman must then accept wages no greater than them those I paid by the foreign producers and manufacturers with whom Americans Amer Amer- I leans must now compete He lie believes possibly that if he lie lowers I wages in America he lie can com compensate by re reducing the cost of living r y L increasing the pu purchasing pow power t o of t the tho o dollar 1 But he lie forgets we fear that everything is 16 expensive to him lum that has no mone money and I that anything no matter how cheap is beyond the reach o of him who gets e s no wages at all because the industry that once employed him has been driven ri from the field I by foreign competition |