r "" !" ', hhwmM h w MimwdMiiiiMiOTMWpHI The Commoner. WILLIAM J. BRYAN, EDITOR AND PROPRIETOR VOL. 9, NO; 44 Lincoln, Nebraska, November 12, 1909 Whole Number 460 Confusing the Voters Tho protectionist democrats are attempting to confuse the minds of the voters by asking "Why should wo not have a revenuo tariff on raw material if we have a revenue tariff on manu factured articles?" Tho question is asked as if these raw materials and manufactured products were living persons, entitled as a matter of justice to the same treatment, or as if there was a natural right to protection and that an injustice was dono to anyone who did not re ceive, protection. Tho revenue tariff ceases to be a revenuo tariff when it is levied for pro tection, and it indicates a confusion of mind to insist that protection has any place in a revenue tariff system. A revenuo tariff ought to bo made with the object of securing tho necessary revenue without regard to the question of pro tection, and a revenuo tariff ought to bo so laid as to secure the largest amount of revenue with the least amount of burden. Whenever a tax is put upon a raw material it is transferred to the consumer through tho operation of a compensatory duty. The duty may not bo de clared to be compensatory, but it is a compen satory duty notwithstanding. The .advocates of a revenuo tariff on hides and leather products, for instance, ask why not have a ten per cent tariff on hides and a ten per cent tariff on boots and shoes? They would admit that a ten per cent tariff on hides would be unfair without a duty on boots and shoes. Why? Becauso the tax on raw material would bo a burden, upon the manufacturer if he was not allowed to transfer it to tho consumer, but a ten per cent tariff on boots and shoes transfers to tho consumer much more than tho amount paid on hides. The raw hide is but ,a part of the cost of the shoe. If it is half tile cost of the shoe a ten per cent tariff on shoes would collect twice as much from the consumer as tho manufacturer pays on the hide, and if the hide is one-quarter the cost of the shoe, then a ten per cent duty on shoes collects four times as much from the consumer as the duty on hides collects from the manufacturer. The overshadowing fact to bo remembered in' all discussions of a tax on raw material is that the consumer has it to pay. The protectionist democrats try to make it appear that a tax on raw material is a burden upon the manufacturer a burden put "on him to compensate tho pro ducer of the raw material for the tax that he has to pay on the finished product. This argu ment is entirely fallacious. The tax on raw material is always transferred to tho finished product, and not only the actual tax on raw ma terial but many times that tax. When the manufacturer sells abroad he is powerless to transfer the tax on raw material, and therefore ho is given a rebate which eh- CONTENTS CONFUSING THE VOTERS PROTECTION ADMITTED THE YOUNG MAN'S CHANCE EDUCATIONAL SERIES - GUARANTEED BANK DEPOSITS IN OKLAHOMA CONGRESSMAN HARDY'S SPEECH THE 1909 ELECTIONS NEW YORK'S NEW DISTRICT ATTORNEY TOM JOHNSON'S DEFEAT WHERE DEMOCRATIC CONGRESSMEN STAND WHEN THE FOREIGNER PAYS THE TAX CURRENT TOPICS HO,ME DEPARTMENT WHETHER COMMON OR NOT LETTERS FROM THE PEOPLE NEWS OF THE WEEK ables him to sell nbroad moro cheaply than ho sells at homo. Tho rebate not only helps him to sell abroad cheaper than at homo, but it compels him to discrlrainato against tho domestic producer of raw material inasmuch as ho man ufactures for export. Tho doctrino of freo raw material is advanced In tho Interest of tho con sumer, and no answer can bo mado to it oxcopt from tho standpoint of protection. Tho advo cates of tho tax on raw material ought to be candid enough to admit that they want a tax on raw material not for tho purposo of revenuo but for tho purposo of protection. It can not bo defended on any other ground, and It enn not be defended on this ground unless ono Is prepared to abandon entirely tho fight for a revenuo tariff. Tho democratic party stands for a tariff for revenue only, and thoso who insist upon a tax upon raw material are just as much opponents of revenue tariff just as much tho friends of protection as tho manufacturers down east. Equally fallacious is tho argument that a tax taken off of raw material must bo added to tho . manufactured product in order to securo a suffi cient revenue. Our taxes on manufactured goods are in many coses prohibitory, and wo can increase the revenuo by lowering the tax instead of raising it. It is truo that a little revenue is collected by a tariff on some of tho articles that ought to be on tho freo list, but with free raw material wo can reduce tho tariff on manufactured products, and tho increased Importations under the lower tariff will moro than make up for any loss in tho revenue. A GOOD LAW SUSPENDED The Commoner has printed extracts from tho decision of United States Federal Judges Van Deventer and Mungor suspending the Nebraska guaranty deposit law. As tho case will go to tho supreme court the people must wait until tho court of last resort acts before they will know whether tho state is powerless to imposo condi tions upon tho banking corporations which it creates. Two questions aro suggested by tho de cision: "First, Why should inferior courts of the United States be permitted to suspend state laws before tho stato courts "have time to act upon them? Tho second question is, Why does a United States court take tho side of tho corporation . against tho depositors? When a judge holds that the state which charters a banking corpora tion can not compel it to Insure the safety of the deposits which the bank is permitted to Invito It can be explained in one way only, namely, by the sympathy of tho Judge just as tho . political sympathy of the judges determined their decision in tho Hayes-Tilden case. A judge is human and the only safety of the people is to have judges who will look at questions from - the standpoint of tho whole people and not . from the standpoint of tho financiers. THE YOUNG MAN'S CHANCE The betrayal of the public on the tariff ques tion by the republican party will mean the de feat of many congressmen and senators. Changes are likely to occur in districts strongly republican as such changes occurred in 1890 and 1894. Now Is the time for the young man to enter politics. There ought to bo an out- and out taTiff reformer nominated by the democrats In every district and aspirants for the nomination should begin NOW and earn the nomination by an active canvass. Brass bands are not neces sary. Let the young men who have a tasto for public life and an Interest In the people go out Into the country precincts, call the farmers together, read the republican platform and then the Payne-Aldrich bill. Let them read the democratic platform, pointing out the necessity for an income tax and then call attention to the Income tax amendment. The people are sound at heart and honest in purpose. Let the work of education t i on and success to the congressional aspirant lrho wins the nomination by proving his devotio. to the public welfare and his ability to deal t.flth the questions now before the country. Protection Admitted Tho Dallas (Texas) Tlmca-Hcrald has exhibit ed moro frankness and candor than thoHo Toxas democrats who favor protection, but who aro unwilling to havo tho namo protectionists ap plied to them. It prooontH an honost state ment of tho position taken by tho protectionist democrats. Tho Times-Herald declares that "protection is tho fixed policy of tho federal government" and builds tho romalndor of its argument upon that assumption. It Insists that tho man who works in the Texas saw mills Is entitled to some "protection." This Is tho old story of graft and privilege. "Wo can't stop tho graft, thoroforo lot's get our share," "wo can't prevent tho granting of privllogoH, therefore why not get somo privileges Tor ourselves." This is tho logic of tho democratic protectionist. Uo is at tho halfway station between a revenuo tariff and ultra protection moro than half way to ward tho protectionist's camp. IIo Is usoloss as a tariff roformer because ho hns to spond all his tlmo gotting what ho calls his sliaro, and when ho has secured his share ho can not con scientiously object to other pooplo having tholr share. Tho only motto that ho can permanently hayo Is "division and silence." ' Aro tho Toxas democrats ready to endorso tho position taken by tho Tlmos-Uorald? Aro they ready to admit that "protection Is tho fixed policy of the fedoral government?" If so, why continue tho farco of pretending to favor tariff reform or tariff for rovenue only? Tho wholo contention of tho democratic tariff reformer ;Ut upon tho theory that protection Is not the flxTd policy of tho federal government, but that a tariff for revenuo only can be mado a fixed policy of tho fedoral government. Tlio denial cratic party has a hard task hotoro ft when it attempts to overthrow tho protectlvo system reared by tho republican party, but it Is not an impossible task. Thoso democrats who endorso tho position takon by tho Times-Herald aro worso than useless in tho tariff roform fight they aro allies of tho enemy. Thoy hang about tho rear of tho marching army and play tho part of bushwhackers. Thoy would do a reat deal less harm If thoy announced themselves an protectionists, and no longer woro tho uniform of tho tariff reformer. . "HELPING BRYAN" Speaker Cannon says that Cummins and La Follotto are "helping Mr. Bryan" In his attack on tho Aldrlch bill. Ho is mistaken. Senator Cummins and Senator LaFoIIotto aTO helping their constituents and a number of standpat senators and members will probably have -reason to regret before very long that they- stood with Mr. Cannon and tho trusts instead of help ing their constituents. ' " GENUINE Here is a genuine republican editorial from a genuine republican paper, the Fremont (Neb.) Tribuno: "Somewhere, sometime, some candidate will get up and say he doesn't care a doggone about ' public interests but wants the ofilce for what's in it, and he'll win In a canter voters could not help admiring such unique truthfulness." WHERE THE FOUR-LEAF CLOVERS GROW I know a place where tho sun Is liko gold, And tho cheery blooms burst with snow; And down underneath Is tho loveliest nook, Where the four leaf clovers grow. One leaf Is for hope, and one Is for faith. And ono is for love, you know; And God puts another in for luck If you search you will find where they grow. But you must havo hope, and you must havo faith; You must love and be strong and so If you work, if you wait, you will find the placo Where the four-leaf clovers grow. - Ella Higglnson. - i m i f if