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Brief for the Affirmative:
J. S. BROWN and A. M. DAY.
Question: Resolved, That the McKinley Act is detrimental to American industry.
Best general references: Carl Schurz in Boston Post, 21 Oct. 1890; Roger Q. Mills in Forum, June, 1890; Public Opinion, 3 Oct. 1891.
I. The Act injures agriculture. - (a) By forcing the farmer to pay higher prices for his goods while the prices of his products are fixed in the world market: public Opinion, Vol. XI, No. 12, 265.
II. The Act injures commerce by restricting trade.
III. The Act injures manufactures. -
(a) By increasing cost of new materials, it. - (1) Diminishes sales abroad. - (2) Injures business at home.
IV. The Act injures the laborer. - (a) By increasing prices while wages do not increase: Public Opinion, X, 3, 51; Boston Post, Oct. 23, 1890. - (b) By diminishing production it gives employment to fewer hand: Public Opinion, X. 3, 50. - (c) Higher duties increase immigration and intensify competition in the labor world: Forum, June, 1891.
V. The Act is injurious to the country at large. - (a) Higher duties cause higher prices. - (b) Bounty provisions bolster sugar industry at public expense: Lalor's Cyclopedia of Political Science, II, 99; Wells' Recent Economic Changes, 126 130, 295 309. - (c) Reciprocity provision invites retalitatory measures: Public Opinion, XI, 10, 321; XI, 10, 301.
Brief for the Negative:
J. M. PERKINS and J. SMITH, JR.
Best general references: Speeches of Henry Cabot Lodge, as reported in Boston Journal, Herald and Globe, Sept. 18-25, 1891; Allen's speech Sept. 23, '91, in Boston Journal; McKinley's speeches in Ohio, this campaign in N. Y. Tribune and May 7, 1891; McKinley in Congress. Record, 1890-91,Vol 21. pt. 2. Hoar's Worcester speech, Sept. 23, '91.
I. The protective duties have aided American industries. - (a) By encouraging and strengthening those already established. - (b) By establishing other new enterprises. - (c) By enlarging the field for domestic capital. - (d) By inviting capital from abroad.
II. The reciprocity clause has proved its value. - (a) By enabling us to obtain certain exclusive commercial advantages with several countries. - (b) Our trade with some of these countries has already doubled, e.g. S. A. Republics. - (c) With which countries a closer political and industrial union will result.
III. The bounty system has shown its great advantages. - (a) Materially reducing the expenses of the laboring class by the admission of free sugar. - (q) At the same time the American producer is secured against foreign corruption. - (c) This policy was especially advocated by the great financier and statesman Alexander Hamilton. Works, Vol. III, pp. 367, 378, 402-463.
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