Prosperity Under the Protective Policy Speech of Hon. Henry M. Teller of Colorado, on the President´s Message, in the Senate of the United States, Mar, 15, 1888 (Classic Reprint)
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Excerpt from Prosperity Under the Protective Policy Speech of Hon. Henry M. Teller of Colorado, on the President´s Message, in the Senate of the United States, Mar, 15, 1888 The Senate having under consideration the resolution submitted by Mr. Sherman December 19, 1887, to refer the President´s annual message to the Committee on Finance - Mr. Teller said: Mr. President: I shall endeavor not to detain the Senate at any very great length, as what I shall have to say will not be in the nature of a general discussion of theoretical propositions, but will be rather a presentation of facts which illustrate and bear upon the issue presented. At the commencement of this session the President of the United States sent a rather remarkable document to the Senate and House of Representatives; it was called his annual message, but it was devoted exclusively to the question of import duties and a reduction of the surplus revenues of the country. There has been since that time considerable discussion in the Senate over this message, and, it seems to me, on the part of the friends of the Administration, a disposition to avoid the real issue presented by the President. Although we have been told by all on the other side of the Chamber who have spoken on the subject that the message was one of great ability and entitled the Executive to great praise at the hands of the people for the courageous manner in which he had presented this matter to the public, yet I believe, without a single exception, all who have spoken in defense of the Administration and in accordance with the views of the Executive have attempted to make it appear that it is not the kind of message that the President himself evidently intended it should be, and that everybody outside of official circles in this country and abroad has declared that it was. It will not do for the friends of the Administration to assert that this is an attempt on the part of the Executive and his adherents to modify, revise, or correct the tariff. No such intent on the part of the President can be gathered from his message, no such intent can be supposed or has been supposed by the people who are directly interested in what is called in this country free trade. At home and abroad, everywhere, it has been received, not as an attack upon a defective tariff, not as being for the purpose of lopping off excrescences or incongruities in the tariff, but for the purpose of destroying the protective system. The President himself speaks of it as "vicious," "inequitable," and "illogical." A former Secretary of the Treasury, referring to this same system in a report at a former session of Congress, spoke of it as a "brutal method." Members who have addressed the Senate, and defenders of this message in portions of this country, whether they were in official life or in private life, have spoken in terms of opprobrium, of contempt, of detestation, not of the tariff, not in complaint of inconsistencies or incongruities in it, but have spoken in this manner of the protective system. It is, then, and it is so understood, I think, outside of this Chamber at least, an attack, not upon the defective tariff, not upon a system good in itself but in details faulty, but it is an attack upon the system that protects American labor and American manufactures against the competition of the labor and capital of other countries. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
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