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Tariff--Government policy

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Address of President Roosevelt at Cincinnati, Ohio (delivered copy)

Address of President Roosevelt at Cincinnati, Ohio (delivered copy)

In this economic policy speech at the Cincinnati Music Hall, President Roosevelt begins by joking about how he messed up the opening music by requesting “Garryowen,” which the band apparently did not know how to play. Roosevelt argues that the trusts are a natural result of the prosperity brought by the Industrial Revolution and that we cannot pride ourselves on progress and prosperity while denouncing the men who made this possible. He compares the present situation to flood control; just as one can control the Mississippi River’s flooding but not prevent it, so too America cannot end corporations but can study and regulate them so that they can “subserve the public good.” Roosevelt urges calm, informed evolution on the issue of trusts, not rancorous revolution and asserts that the public’s objection to any corporation should be based on its conduct, not its size or wealth. He advocates for free trade, noting that the lifting of tariffs for trust-made goods would hurt smaller producers and wage workers more than the trusts. Since most trusts conduct interstate commerce, he recommends federal oversight, calling for legislative solutions and perhaps a constitutional amendment. He reminds the crowd that, as part of the executive branch, he is limited in his ability to stop the trusts alone. Roosevelt encourages the crowd not to “be made timid or daunted by the size of the problem” and concludes with the assertion that “all men, rich and poor alike, shall obey the law alike and receive its protection alike.”

Collection

Library of Congress Manuscript Division

Creation Date

1902-09-20

Address of President Roosevelt at Logansport, Indiana (delivered copy)

Address of President Roosevelt at Logansport, Indiana (delivered copy)

President Roosevelt begins his economic policy speech in Logansport, Indiana, by thanking the Union veterans. He highlights the importance of material prosperity for national development, particularly noting the industrial growth of the Western states. He observes that, while good laws are key, more important are the merits of the average citizen, referring to the strong, individual traits of the average Union soldier. Roosevelt also touches on the issues of maintaining a robust, honest currency and a stable but adjustable tariff policy. He expresses belief in economic policy that favors business considerations over political partisanship and that affords advantage to American industries over foreign ones. Above these considerations, though, Roosevelt asserts that any tariff change must protect the high standard of living of the American worker.

Collection

Library of Congress Manuscript Division

Creation Date

1902-09-23

Address of President Roosevelt at Logansport, Indiana

Address of President Roosevelt at Logansport, Indiana

President Roosevelt begins his economic policy speech in Logansport, Indiana, by thanking the Union veterans. He highlights the importance of material prosperity for national development, particularly noting the industrial growth of the Western states. He observes that, while good laws are key, more important are the merits of the average citizen, referring to the strong, individual traits of the average Union soldier. Roosevelt also touches on the issues of maintaining a robust, honest currency and a stable but adjustable tariff policy. He expresses belief in economic policy that favors business considerations over political partisanship and that affords advantage to American industries over foreign ones. Above these considerations, though, Roosevelt asserts that any tariff change must protect the high standard of living of the American worker.

Collection

Library of Congress Manuscript Division

Address of President Roosevelt at Cincinnati, Ohio (prepared copy)

Address of President Roosevelt at Cincinnati, Ohio (prepared copy)

In the script for an economic policy speech to be delivered at the Cincinnati Music Hall before many captains of industry, President Roosevelt argues that the trusts are a natural result of the prosperity brought by the Industrial Revolution and that we cannot pride ourselves on progress while denouncing the men whose “commanding business ability” made it possible. He uses the example of how one can control the Mississippi River’s flooding but not prevent it; therefore, America cannot end corporations but can and must study and regulate them. Roosevelt urges calm, informed evolution on the issue of trusts, not rancorous revolution. Labeling the “demagogic denunciation of wealth” to be unwholesome and even dangerous, he asserts that the public’s objection to any corporation should be based on its conduct, not its size or wealth. Roosevelt opposes lifting tariffs for trust-made goods, as that would hurt smaller producers and wage workers more than the trusts. Since most trusts conduct interstate commerce, Roosevelt recommends federal oversight, calling for legislative solutions and perhaps a constitutional amendment. He reminds the crowd that, as part of the executive branch, he is limited in his ability to stop the trusts alone.

Collection

Library of Congress Manuscript Division

Creation Date

1902-09-20

Summary of letter from T. E. Byrnes

Summary of letter from T. E. Byrnes

T. E. Byrnes encloses a letter from Eugene Gano Hay regarding Canadian reciprocity. Hay reports Minnesota Republicans are dissatisfied with rumors that tariff legislation is being delayed until after the 1904 election. He does not want the postponement to include Canadian reciprocity as this will create further delays until after the 1905 election in Canada.

Collection

Library of Congress Manuscript Division

Creation Date

1903-08-06

Circular no. 192

Circular no. 192

Form from the American Protective Tariff League requesting the name and contact information of an individual that will vote for the first time in 1904. The league plans on sending these individuals literature on protection and the tariff.

Collection

Library of Congress Manuscript Division

Creation Date

1903-07-07

Letter from Wilbur Fisk Wakeman to Charles A. Moore

Letter from Wilbur Fisk Wakeman to Charles A. Moore

Wilbur Fisk Wakeman, Treasurer and General Secretary of the American Protective Tariff League, summarizes the organization’s history of opposition to reciprocity for competitive products. He also denies statements made by Brown that the league would oppose President Roosevelt’s nomination in 1904. The American Protective Tariff League supports protection and will succeed or fail with the Republican Party.

Collection

Library of Congress Manuscript Division

Creation Date

1903-07-06

Telegram from William H. Taft to Theodore Roosevelt

Telegram from William H. Taft to Theodore Roosevelt

In the first telegram sent across the Pacific from the Philippines to the United States, Governor Taft congratulates President Roosevelt on the completion of the Pacific cable. Easier communications will lead to a closer union and better understanding between the Philippines and the United States. Taft ends with a plea to reduce the tariff on Filipino products.

Collection

Library of Congress Manuscript Division

Creation Date

1903-07-04