“In the face of these facts can we safely diminish our revenues? If we mean to preserve the public faith and meet all the necessities of the Government we can not reduce the present revenues a single dollar. Yet the majority of this House not only propose to reduce the internal tax on spirits and tobacco but they propose in this bill to reduce the revenues on customs by at least $6,000,000. To avoid the disgrace of a deficit they propose to suspend the operations of the sinking fund and thereby shake the foundation of the public credit. But they tell us that some of the reductions made in this bill will increase rather than diminish the revenue. Perhaps on a few articles this will be true; but as a whole it is undeniable that this bill will effect a considerable reduction in the revenues from customs.

“Gentlemen on the other side have been in the habit of denouncing our present tariff laws as destructive to, rather than productive of, revenue. Let me invite their attention to a few plain facts:

“During the fifteen years that preceded our late war—a period of so-called revenue tariffs—we raised from customs an average annual revenue of forty-seven and a half million dollars, never in any year receiving more than sixty-four millions. That system brought us a heavy deficit in 1860, so that Congress was compelled to borrow money to meet the ordinary expenses of the Government.

“Do they tell us that our present law fails to produce an adequate revenue? They denounce it as not a revenue tariff. Let them wrestle with the following fact: During the eleven years that have passed since the close of the war we have averaged one hundred and seventy and one-half million dollars of revenue per annum from customs alone. Can they say that this is not a revenue tariff which produces more than three times as much revenue per annum as that law did which they delight to call ‘the revenue tariff?’ In one year, 1872, the revenues from the customs amounted to two hundred and twelve millions. Can they say that the present law does not produce revenue? It produces from textile fabrics alone more revenue than we ever raised from all sources under any tariff before the war. From this it follows that the assault upon the present law fails if made on the score of revenue alone.

“I freely admit that revenue is the primary object of taxation. That object is attained by existing law. But it is an incidental and vitally important object of the law to keep in healthy growth those industries which are necessary to the well-being of the whole country.

“Let us glance at the leading industries which, under the provisions of the existing law, are enabled to maintain themselves in the sharp struggle of competition with other countries. I will name them in five groups. In the first I place the textile fabrics, manufactures of cotton, wool, flax, hemp, jute, and silk. From these we received during the last fiscal year $50,000,000, which is more than one-third of all our customs revenue.

“It is said that a tax should not be levied upon the clothing of the people. This would be a valid objection were it not for the fact that objects of the highest national importance are secured by its imposition. That forty-five millions of people should be able to clothe themselves without helpless dependence upon other nations is a matter of transcendent importance to every citizen. What American can be indifferent to the fact that in the year 1875 the State of Massachusetts alone produced 992,000,000 yards of textile fabrics, and in doing so consumed seventy-five million dollars’ worth of the products of the fields and flocks, and gave employment to 120,000 artisans? There is a touch of pathos in the apologetic reply of Governor Spottswood, an early colonial Governor of Virginia, when he wrote to his British superiors:

“‘The people of Virginia, more of necessity than inclination, attempt to clothe themselves with their own manufactures.... It is certainly necessary to divert their application to some commodity less prejudicial to the trade of England.’—Bancroft’s History of the United States, vol. iv, page 104.

“Thanks to our independence, such apologies are no longer needed. Some of the rates on the textiles are exorbitant and ought to be reduced; but the general principle which pervades the group is wise and beneficent, not only as a means of raising revenue, but as a measure of national economy.

“In the second group I have placed the metals, including glass and chemicals. Though the tariff upon this group has been severely denounced in this debate, the rate does not average more than thirty-six per cent. ad valorem, and the group produced about $14,000,000 of revenue last year. Besides serving as a source of public revenue, what intelligent man fails to see that the metals are the basis of all the machinery, tools, and implements of every industry? More than any other in the world’s history, this is the age when inventive genius is bending all its energies to devise means to increase the effectiveness of human labor. The mechanical wonders displayed at our Centennial Exposition are a sufficient illustration.