d as evidence of unfriendliness toward our
manufacturing interests or of any lack of appreciation of their value
and importance.

These interests constitute a leading and most substantial element of
our national greatness and furnish the proud proof of our country's
progress. But if in the emergency that presses upon us our manufacturers
are asked to surrender something for the public good and to avert
disaster, their patriotism, as well as a grateful recognition of
advantages already afforded, should lead them to willing cooperation. No
demand is made that they shall forego all the benefits of governmental
regard; but they can not fail to be admonished of their duty, as well
as their enlightened self-interest and safety, when they are reminded
of the fact that financial panic and collapse, to which the present
condition tends, afford no greater shelter or protection to our
manufactures than to other important enterprises. Opportunity for safe,
careful, and deliberate reform is now offered; and none of us should
be unmindful of a time when an abused and irritated people, heedless of
those who have resisted timely and reasonable relief, may insist upon
a radical and sweeping rectification of their wrongs.

The difficulty attending a wise and fair revision of our tariff laws is
not underestimated. It will require on the part of the Congress great
labor and care, and especially a broad and national contemplation of the
subject and a patriotic disregard of such local and selfish claims as
are unreasonable and reckless of the welfare of the entire country.

Under our present laws more than 4,000 articles are subject to duty.
Many of these do not in any way compete with our own manufactures, and
many are hardly worth attention as subjects of revenue. A considerable
reduction can be made in the aggregate by adding them to the free list.
The taxation of luxuries presents no features of hardship; but the
necessaries of life used and consumed by all the people, the duty upon
which adds to the cost of living in every home, should be greatly
cheapened.

The radical reduction of the duties imposed upon raw material used in
manufactures, or its free importation, is of course an important factor
in any effort to reduce the price of these necessaries. It would not
only relieve them from the increased cost caused by the tariff on
such material, but the manufactured product being thus cheapened that
part of the tariff now laid upon s