Presidential addresses and state papers, Volume 3 (of 7)Roosevelt, Theodore
History
Presidential addresses and state papers, Volume 3 (of 7)
Roosevelt, Theodore
Roosevelt, Theodore, 1858-1919; United States -- Politics and government -- 1901-1909
American manufactories are of American production. The manufacturing
establishments tend steadily to migrate into the heart of the great
agricultural districts. The centre of the manufacturing industry in
1900 was near the middle of Ohio, and it is moving westward at the rate
of about thirty miles in every decade; and this movement is invariably
accompanied by a marked increase in the value of farm lands. Local
causes, notably the competition between new farm lands and old farm
lands, tend here and there to obscure what is happening; but it is as
certain as the operation of any economic law that in the country as a
whole farm values will continue to increase as the partnership between
manufacturer and farmer grows more intimate through further advance of
industrial science. The American manufacturer never could have placed
this Nation at the head of the manufacturing nations of the world if
he had not had behind him, securing him every variety of raw material,
the exhaustless resources of the American farm, developed by the skill
and the enterprise of intelligent and educated American farmers. On the
other hand, the debt of the farmers to the manufacturers is equally
heavy, and the future of American agriculture is bound up in the future
of American manufactures. The two industries have become, under the
economic policy of our Government, so closely interwoven, so mutually
interdependent, that neither can hope to maintain itself at the
high-water mark of progress without the other. Whatever makes to the
advantage of one is equally to the advantage of the other.
* * * * *
So it is as between the capitalist and the wage-worker. Here and there
there may be an unequal sharing as between the two in the benefits that
have come by protection; but benefits have come to both; and a reversal
in policy would mean damage to both; and while the damage would be
heavy to all, it would be heaviest, and it would fall soonest, upon
those who are paid in the form of wages each week or each month for
that week’s or that month’s work.
Conditions change and the laws must be modified from time to time
to fit new exigencies. But the genuine underlying principle of
protection, as it has been embodied in all but one of the American
tariff laws for the last forty years, has worked out results so
beneficent, so evenly and widely spread, so advantageous alike to
farmers and capitalists and workingmen, to commerce and trade of every
kind, that the American people, if they show their usual practical
business sense, will insist that when these laws are modified they
shall be modified with the utmost care and conservatism, and by the
friends and not the enemies of the protective system. They can not
afford to trust the modification to those who treat protection and
robbery as synonymous terms.
Public-domain text, read in full here on John Shaqi.
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