The daily gazette., 1878-10-26


We can't build so many railroads while
the high tariff lasts. Because people
know that as soon as they start to build,
There viii be . combination to nut up
railroad iron, If the market Us suffered,
as tits, to be controlled by a'few manu-
facturers. Let us have fair revenue
tariff, and, as in 1s46, all will be pros
perous.
We believe we can beat the world at
manufacturing many articles, aud pro-
ducing food especially, and we should
| cultivate commercial transactions with
other nations. That our people are pay
ing higher prices for goods made here
than they are sold for abroad, we are
convinced. That we are able to contend
with other nations we can prove from the
following extract from a speech made by
Mr.. Hayes at Cumberland on Thursday.
He said:
The last five or six years have many
changes. As compensation for our losses
the hard times have brought to us q
knowledge of exports or what we send
abroad to be paid back to the people in
some way. If these exceed the imports
we receive the difference in cash. What
have We sent abroad? Take the article
of corn. Six years ago we exported a.
100000 bushels, now 81, ,000, 900 bushels;
wheat, 5000, 600 bushels, now ~, ,0OO, 900
bushels; flour, 2,500, 900 barrels, now A.
OOO,OOO barrels; cotton, 932 900 900 pounds,
now ,6O7 900 600 pounds; bacon, 246. .0OO,-
600 pounds, now 592, ,0O0, 600 pounds; fresh
beef, 6,000, 900 pounds, now $4,000, 900
pounds; pork, H,0OO,OO0 now 100000
pounds. The total increase in six years
is about $l40, ,0O0, 600 The price of labor
has not been diminished purposely IN
order that we may Increase our exports,
though the hard times have produced
that result Our facilities have been
largely increased by machinery and,
therefore, we are now able to nndersell
European countries in many things they
have heretofore furnished TO us. An IN
teligent gentleman of Philadelphia,
Lorin Blodgett, has furnished me with a
hist of what Philadelphia manufacturers
are sending abroad, aud 1 learned some
facts in this connection while in Pitts.
burg, among them that the iron of whi ch
jackets for locomotives are made was
formerly procured from Russia. Now
we are sending such iron TO Russia in
stead of importing 1t from that country,
and this fact shows that we not only
have the home market, but are supplying
foreign countries with that article. MT.
Blodgett's list of Philadelphia industries
shows that the manufacturers export
three-fourths of their steel forks, hoes
and rakes to England and Central Eu-
rope, and from Sheffield they are re-ex-
ported with English wares. Edge and
other tools are also sent thither; shovels,
spades and coal hods to South America
and Australia; table cutlery, saws and
files, levels, rails and spikes to South
America and the West Indies; bolts,
nuts and rivets to countries of Europe,
including England, and also 20 South |
America; wire to South America and
Australia; car wheels to England and
other countries; locomotives, 100 in a
year, to Russia, Brazil and elsewhere.
Besides these are exported iron bridges,
sheet roofing and architectural iron,
cables, chains and gas and water pipes.
The Increase of our exports over imports
enables us to got back our bonds so as to
pay the interest on them at home instead
of abroad. l do not mean our United
States bonds alone, but your Maryland
and other State bonds. The conclusion
from all this is that the nation is becom-
ing better off than 1t was, and unless
something should be done TO check this
incoming prosperity our country will
march on to good times again. IL would |
be or advantage to follow in the path |
marked out by the trainers of the consti- |
tuition and not undertake new ways of |
paying old debts, thus checking the re- |
turn of general prosperity.