Harper's Weekly

“ Schurz with admirable ability demonstrates that the larger the market for American products, the more prosperous will be American industry, that wages do not depend upon a high tariff, and that the free entry of raw materials has never reduced wages.
No part of the letter is more worthy of careful reflection than that in which Mr. Schurz points out that as a high tariff tends to destroy foreign competition at the cost of the American consumer, so “Trusts” destroy domestic competition, and leave the American consumer at the mercy of a doubly fortified monopoly. ”

“ The inevitable consequence in a free and public-spirited country like ours will be a sudden and complete and disastrous overthrow of the whole protective system. The Trust is but the younger brother of the Tariff. They are products of the same policy, and its approval in the pending election would be, for the reasons stated, a dangerous menace to the whole scheme of protected industries. The cardinal question of the election therefore is whether tariff reform shall come in the temperate and prudent way proposed by the President or in the shape of an angry reaction. ”

“ His Presidency has relieved the country of the feeling that half of the whole body of citizens are disloyal, and that the government could not pass from one party to another without peril. The ability of his administration, its fidelity to the public interests, and its wholesome conservative spirit have greatly won the confidence of the country, while his message has identified his candidacy with an economic policy which promises to adjust dangerous differences, to enlarge the area of industrial activity, and to secure a steady development of the general prosperity. ”