Lewisburg chronicle. [volume] (Lewisburg, Pa.) 1850-1859, 1857-10-23
THE WHOLE STORY,


osse S0io OPAD1u A0aQ u V1e0ns
| The balance Of trade sgainst us, during
the current year, having to be sdjusted
in cash, is more than One Hundred aud
Twenty Millions of Dollars. And what
caused this excessive importation Of ar,i.
cles of merchandise, the most of which We
ough: to have made ourselves? Common
sense tells Us that it is the tariff policy
which has prevailed since 1917. And
who dictated this policy ! The South
the growers Of cotton, whose great staple
find its chief markets in England And
who enable this single interest, this small
minority Of the American people to con-
troll the policy Of the government in re-
spect to this most important OF our mate.
rial interests! The so called Democratic
party.
Three times, now, have the foundation
Of our national prosperity been undermin.
ed precisely in the same way. From the
close Of the war with Great Britain in
1915 until 1924, we had a period of free
trade and large importations, and some Of
us are old enough to remember the distress
and utter pTostration Of the country dur
ing that shin plaster period, when wheat
was less per bushel than oats have been in
ordinary good times, and when ten bush.
els Of oats we're often sold for one dollar
cash. Well, in 1924, a protective tariff
law was enacted, and the country at once
began to recupcrate. The currency soon
became good, exchange regular and very
low, manufacturing establishments sprung
up everywhere, and the farmers, having
home market, began to prosper too.
Perhaps there never was a more smooth
and comfortable time since we became a
nation.
-Four years afterwards, (ls2s,) so pleas.
ed were the people with the protective pol.
icy, that Congress was induced to make it
still stronger. This led to violent opposi.
tion on the part Of the cotton growing por.
tion of our people, and ended in the Null
f,ation movement in South Carolina, and
the unfortunate tariff Compromise of 1882,
by which the rates Of iu0ort were slowly
reduced, until, in 1910, they should be
only twenty per cent. Most of US remem.
Der the crash Of 1887, and the distressing
depression that followed, and which was
only relieved BY a return to the protective
policy in 1912.
In 1916, the policy was again changed.
In 1917 the famine in Ireland, and gen.
eral scarcity in Europe, gave us high pri- |
ces for our surplus breadstuffs, and that
bore US very we'll over one year. Iu 1s4s,
gold was discovered in Californis, and that
kept us up for few years; but al things
find their level, and they have found it,
for We now see that our sixty or seventy
ms lions Of gold, which costs IS much h.
Dor as It is WoisL, 30 o-.iiV~cd up ana
lost, like our cotton, tobacco and four, in
the overwhelming food of European fab
RIGS which the present free trade policy
Pours upon US.
To sum up in = single sentence, ice
hare nerer had a general breakdown under
he protective policy; nor have We ever
from reverse like the present
secrps Iy the return to projections. These
are historical facts. .-PnsJu,y De.patch.
KANSAS.-It is beyond dispute that
The real Settlers of Kansas elected Free
State Congressman aud Legislature BY
very large majority, Notwithstanding the
Border Rufhan and other illegal votes
polled Astonisned at the result, it is now
believed the Democracy have manufactured
fraudulent returns, with which and by cut
ing of Free State couoties entirely they
aided by Gov. Walker) can secure the Le-
,slaturc, which is now the most important
point. The future 1iW show how long the
,liy,rchv in Dover trample down the free