Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: Pres. Jacob (iould Sohurman, of Cornell University, says: "There has been a protective tariff, intended to encourage business and safeguard the interests of the wage-earners, the manufacturers and the farmer. The tariff which has been from time to time revised still needs to be better adapted to existing economic conditions." From the above we would suppose everybody was benefited by protective tariffs. The Professor also talks of revenue tariffs, prohibitive tariffs, competitive tariffs. In contrast, I will give you a few sentences from Oscar W. Underwood, of Alabama, on the right and wrong of the tariff: "The justification of a tariff in this country today is for the purpose of raising money to support the government. If it was more generally understood that the tariff is really a tax in which private interests share the proceeds with the government, there would be a more rigorous questioning of the various duties imposed. "I have never been able to see why the great manufacturer should have his profits protacted any more than the farmer, the grocer, the lawyer, and when we enter the realm of protection we are in the zone of protecting profits." This last sentence separates the manufacturer from those of other occupations as being benefited by protective tariffs. Prof. Schurman includes all these as being benefited. Now, Mr. Voter, which of these two teachers are right. I maintain that the ultimate effect of a revenue tariff will be the same in the end. A rose would smell the same under any name. We free-traders claim that any tariff system or any system of indirect taxation is a fraud upon labor, a travesty upon justice, and a scheme to place the burden of the support of government upon the wage-earner and the wealth-producer instead of the real and ac...