em the assurance of an extended market and steady and
continuous operations."

It would seem from this that the Democratic party admits that wages
are higher here than in foreign countries. Certainly they do not
mean to say that they are lower. If they are higher here than in
foreign countries, the question arises, why are they higher? If
you took off the tariff, the presumption is that they would be as
low here as anywhere else, because this very Democratic convention
says: "A fair and careful revision of our tax laws, with due
allowance for the difference between wages." In other words, they
would keep tariff enough on to protect our workingmen from the low
wages of the foreigner--consequently, we have the admission of the
Democratic party that in order to keep wages in this country higher
than they are in Belgium, in Italy, in England and in Germany, we
must protect home labor. Then follows the _non sequitur_, which
is a Democratic earmark. They tell us that by keeping a tariff,
"making due allowance for the difference between wages, all the
industries and enterprises would be encouraged and promoted by
giving them the assurance of an extended market." What does the
word "extended" mean? If it means anything, it means a market in
other countries. In other words, we will put the tariff so low
that the wages of American workingmen will be so low that he can
compete with the laborers of other countries; otherwise his market
could not be "extended." What does this mean? There is evidently
a lack of thought here. The two things cannot be accomplished in
that way. If the tariff raises American wages, the American cannot
compete in foreign markets with the men who work for half the price.
What may be the final result is another question. American industry
properly protected, American genius properly fostered, may invent
ways and means--such wonderful machinery, such quick, inexpensive
processes, that in time American genius may produce at a less rate
than any other country, for the reason that the laborers of other
countries will not be as intelligent, will not be as independent,
will not have the same ambition.

Fine phrases will not deceive the people of this country. The
American mechanic already has a market of sixty millions of people,
and, as I said before, the best market in the world. This country
is now so rich, so prosperous, that it is the greatest market of
the earth, even for luxuries. It i