The Tariff Issue of 1884.
| REPUBLICAN. | DEMOCRATIC. |
|---|---|
| We therefore demand that the imposition of duties on foreign imports shall be made not for “revenue only,” but that in raising the requisite revenues for the government such duties shall be so levied as to afford security to our diversified industries and protection to the rights and wages of the laborer, to the end that active and intelligent labor, as well as capital, may have its just award and the laboring man his full share in the national prosperity. Against the so-called economical system of the Democratic party, which would degrade our labor to the foreign standard, we enter our earnest protest. The Democratic party has failed completely to relieve the people of the burden of unnecessary taxation by a wise reduction of the surplus. The Republican party pledges itself to correct the inequalities of the tariff and to reduce the surplus, not by the vicious and indiscriminate process of horizontal reduction, but by such methods as will relieve the taxpayer without injuring the laborer or the great productive interests of the country. We recognize the importance of sheep husbandry in the United States, the serious depression which it is now experiencing and the danger threatening its future prosperity, and we therefore respect the demands of the representatives of this important agricultural interest for a readjustment of duty upon foreign wool, in order that such industry shall have full and adequate protection. We have always recommended the best money known to the civilized world and we urge that an effort be made to unite all commercial nations in the establishment of the international standard which shall fix for all the relative value of gold and silver coinage. | The Democracy pledges itself to purify the administration from corruption, to restore economy, to revive respect for law and to reduce taxation to the lowest limit consistent with due regard to the preservation of the faith of the nation to its creditors and pensioners. Knowing full well, however, that legislation affecting the occupations of the people should be cautious and conservative in method, not in advance of public opinion, but responsive to its demands, the Democratic party is pledged to revise the tariff in a spirit of fairness to all interests. But in making reduction in taxes it is not proposed to injure any domestic industries, but rather to promote their healthy growth. From the foundation of this government taxes collected at the Custom House have been the chief source of Federal revenue; such they must continue to be. Moreover, many industries have come to rely upon legislation for successful continuance, so that any change of law must be at every step regardful of the labor and capital thus involved. The process of reform must be subject in the execution to this plain dictate of justice. All taxation shall be limited to the requirements of economical government. The necessary reduction in taxation can and must be effected without depriving American labor of the ability to compete successfully with foreign labor and without imposing lower rates of duty than will be ample to cover any increased cost of production which may exist in consequence of the higher rate of wages prevailing in this country. Sufficient revenue to pay all the expenses of the Federal government economically administered, including pensions, interest and principal of the public debt, can be got under our present system of taxation from Custom House taxes on fewer imported articles, bearing heaviest on articles of luxury and bearing lightest on articles of necessity. We therefore denounce the abuses of the existing tariff and subject to the preceding limitations we demand that Federal taxation shall be exclusively for public purposes and shall not exceed the needs of the government economically administered. |