Speech #550054827

Now. in view of the fact that we have continually. nearly every day. been hearing of the falling revenues of the Government. that expenditures exceed the revenuesin view of the fact that Saturdays report shows that we fell off $225.000 below the receiptsit seems to me that we ought to commence and retrench expenditures. Everywhere all over the country the burdens of taxation are falling with heavy weight upon the shoulders of labor. The President. in an interview printed in yesterdays New York Journal. laments the condition that the laborer is confronted with. and says as a remedythat restriction be placed upon further immigration to this country-" that it is impossible to protect labor against foreign competition." If there is to be unrestricted immigr.ation. sMely these are bad conditions. We were informed in the last campaign that the protective tariff the party was going to give the country would insure prosperity to the laborer. now the President of the United States says that "nothing will bring prosperity unless we restrict immigration." A few years ago we used to hear the refrain that Uncle Sam was rich enough to give us all a farm. The President of the United States. in effect. says. "We have not got any farm. we are bankrupt. we are mortgaged. and about to go into bankruptcy." How do these conditions come about? In the last thirty years under Republican rule we have surrendered to Great Britain more than they ever expected to get in their wildest dreams through the aid of the scalping knife anc tomahawk and the aid of hired Hessians.