Your coming from another State and from distant homes testifies to the observing interest which you feel in those questions which are to be settled by the ballot in November. [Cries of "We will settle them!"] The confessed free-traders are very few in this country. But English statesmen and English newspapers confidently declare that in fact we have a great many. [Applause.] We are told that it is only an average reduction of seven per cent. that is contemplated. [Laughter.] Well, if that were true, and not a very deceptive statement, as it really is, you might fairly ask whether this average reduction does not sacrifice some American industry or the wages of our workingmen and working-women. You may also fairly ask to see the free list, which does not figure in this "average." [Applause, and cries of "That's it!"] We would have more confidence in the protest of these reformers that they are not "free-traders" if we could occasionally hear one of them say that he was a protectionist [applause], or admit that our customs duties should adequately favor our domestic industries. But they seem to be content with a negative statement. Those who would, if they could, eliminate the protective principle from our tariff laws have, in former moments of candor, described themselves as "progressive free-traders," and it is an apt designation. The protective system is a barrier against the flood of foreign importations and the competition of underpaid labor in Europe. [Applause.] Those who want to lower the dike owe it to those who live behind it to make a plain statement of their purposes. Do they want to invite the flood, or do they believe in the dike, but think it will afford adequate protection at a lower level? [Great and enthusiastic applause.] What I say is only suggestive. I cannot in this brief talk go into details, or even properly limit the illustrations I have used. But this is an appropriate and timely inquiry: With what motive, what ultimate design, what disposition toward the principle of protection is it that our present tariff schedule is attacked? It may be that reductions should be made; it may be that some duties should be increased; but we want to know whether those who propose the revision believe in taking thought of our American workingmen in fixing the rates, or will leave them to the chance effects of a purely revenue tariff. [Applause.] Now, having spoken once already to-day, you will accept this inadequate acknowledgment of this magnificent demonstration. I thank you, my Illinois friends, not only on my own behalf, but on behalf of the Republicans of Indiana, for the great interest you have manifested. [Applause.] INDIANAPOLIS, AUGUST 15.