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The Triumphant Life of Theodore Roosevelt edited by J. Martin Miller

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SPEECHES OF THEODORE ROOSl'A'ELT 353<br />

tcr <strong>of</strong> this kind conflicts with the public good, it shall at least be niiuimizcd.<br />

It is all right and inevitable that we should divide on party lines, but woe to<br />

us, if we are not Americans first and party men second! What we really need<br />

in this country is to treat the tariff as a business proposition from the stand,<br />

point <strong>of</strong> the interests <strong>of</strong> the couutrj' as a whole, and not from the standpoint <strong>of</strong> the<br />

temporary needs <strong>of</strong> any political party. It surely ought not to be necessary to dwell<br />

upon the extreme unwisdom, from a business standpoint, from the standpoint <strong>of</strong><br />

national prosperit)-, <strong>of</strong> violent and radical changes amounting to the direct upsetting<br />

<strong>of</strong> tariflf policies at intervals <strong>of</strong> every few years. A nation like ours can adjust its<br />

business after a fashion to any kind <strong>of</strong> tariflf. But neither our nation nor any other<br />

can stand the ruinous policy <strong>of</strong> readjusting its business to radical changes in the tariff<br />

at short intervals. This is more true now than ever it was before, for, owing to the<br />

immense extent and variety <strong>of</strong> our products, the tariff schedules <strong>of</strong> to-day carry rates<br />

<strong>of</strong> duty on more than four thousand articles. Continual sweeping changes in such a<br />

tariff, touching so intimately the commercial interests <strong>of</strong> the nation which stands as<br />

one <strong>of</strong> the two or three greatest in the whole industrial world, cannot but be^disas-<br />

trous. Yet, on the other hand, where the industrial needs <strong>of</strong> the nation shift as<br />

rapidly as they do with us, it is a matter <strong>of</strong> prime importance that we should be able<br />

to readjust our economic policy as rapidly as possible and with as little friction as<br />

possible to these needs.<br />

PARALYZE THE INDUSTRIES<br />

We need a scheme which will enable us to provide a reapplication <strong>of</strong> the prin-<br />

ciple to the changed conditions. <strong>The</strong> problem, therefore, is to devise some method<br />

<strong>by</strong> which these shifting needs can be recognized and the necessary readjustments <strong>of</strong><br />

duties pro\'ided without forcing the entire business community, and therefore the<br />

entire nation, to submit to a violent surgical operation, the mere threat <strong>of</strong> which, and<br />

still more the accomplished fact <strong>of</strong> which, would probably paralyze for a considerable<br />

time all the industries <strong>of</strong> the country. Such radical action might very readily repro-<br />

duce the conditions from which we suflfered nine years ago, in 1893. It is on every<br />

account most earnestly to be hoped that this problem can be solved in some manner<br />

into which partisanship shall enter as a purely secondary consideration, if at all<br />

that is, in some manner which shall provide for an earnest eflfort <strong>by</strong> non-partisan<br />

inquiry and action to secure any changes the need <strong>of</strong> which is indicated <strong>by</strong> the effect<br />

found to proceed from a given rate <strong>of</strong> duty on a given article : its eflfect, if any, as<br />

regards the creation <strong>of</strong> a substantial monopoly ; its effect upon domestic prices, upon<br />

the revenue <strong>of</strong> the government, upon importations from abroad, upon home produc-<br />

tion, and upon consumption. In other words, we need to devise some machinery <strong>by</strong><br />

which while persevering in the policy <strong>of</strong> a protective tariff, in which I think the

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