, 1881-08-27

Ian " lS ltI|llktSi lIhl3 lllN AU
collected or tho American producers: ntul Ms
tho prirc of brcatIstuf5s to consumers III this
country Il regulated ntul RovOrllutl hy tho
prlcrs nbtninAbio for The surplus In foreign
countries, tho prices qbiatnnblo by farn,trs
TT this country on their entire crop will bc
reduced more or less. II tho Englisli pr!ce
rises Is cents buslcl, It wilt stimulate
lnrgcr production of wlcat IN Grcnt 1,rltatl..
and lierco the l;ngtish will ,Iectl less AnIcri-
cut grnll,, ulHl this fnct will operate To de-
press orlr nnrkot. Titus, willie tito british
consumer Will pny moro. tl,nn l,c now tl0es
ho will hayu to import less brcntlstnirs from
the Untcd StAtus, at,t tho farmers Of ti,e lut-
tur will rcceiyv much lower price Thin
i!erctofore for their Eratll. III tho ll,eantnla
Canadian aa.l Australian wheat will be NIL
intttetl to urent britain free. ind tho Cnnu-
dian ni,l Australian wlicat will sell III En-
g'arl Mt rs CENTS per b1sllcl moro t'Ian Allicr-
icai, wheat, md at te same price as protect
cl british wheat, less tito cost OF tralsporta-
tton. TI,is Is wlsnt Is meant by tho retal[a.
tory policy.
Assuming TINT tho duty evied by Groat
fIritain on AnGrlrau fnrn productions viii
nyeragu 20 per ccl,t, n,ld TINT tl,fs tux, NJ
clntmcd by tito 1,ritisl. protect1onlsts, will
cnl,iu out Of Tho American farmers 1t, tho
why of reduced prices for their gratl1, t',o
magnitude of the loss to 0ur aGtieullnrists
us Il consequence of this rctalatory legfsla
tioil will be III enormous Importance. bur
Ing tAe Ilscal ycar of 1850 tteru wcre ex~
purtcd 'front.' this country brcatlstutfs aId
provisions of tho value of SiiD, ,000, 600. Tlto
levy of this lux Of W Der cent Is Imposed for
tho purpose of tnklnr that mucl, from, tho
American farmer, not only OH whit he ex-'
ports, but also Of necessity reducing tlle
prico OH all lIe produces for nnrket. On tho
comparatively limited amount Tint we cx-
port 1T will amount to nearly 100 millions of
dollars ycar, but OH tic whole crop It will
be many times TINT nnlollnt.
Germany anil Frnnee and Italy 1lnyo already
begun this retallntory Legislation. 1t fnlls
exclusively Oh tic agricultural inbor If tlIis
c0ltltry. III ftct. the farmers OF thu United
Sf1ltrs urc about to be plAeell brtwcGll
the two blnttes Of the protective shears.
Thay-RtNt they nrc n majority Of tho wl,ole
people Uf thu rountty-nre taxcf To protect
the home manufacturers M AvcrngB Of lleAr-
~ 70 per cent oil nil they have to buy; mil
now, MS consequence, they nro 10 be taxctl
to protect tito agrictltnrlsts Of England uni
Europe. Tho British, German, aud Froncti
fnrmers OIL tho one ha.ld md tho American
manufacturers oil the othcr hold the a5,t00, :
ooo of Americans cngaged in aEr!cattl'ro by
thu t!,roat, Md dcmand Ut tllotn ot,e-t,lrt to
onc.lInif af what they produce BY their labor.
Should ulo setallatory Legislation 10 adapted
III England 1t will seriously dnnlaHe tic
! principal f0reign market for American
brcatlstntfs. twill, by reducing tho demand,
reduce the price Of oil brcadstatfs mil meats,
a1nt retIuce the ya1ac of every acro of fnrn.-
Ing land In tho Uni0n 23 10 ~ per cent. This
may be tic result Ut ltltrsl, greedy American
protection carried To Its logical conclusion.
md this couitry cal, mike M complaint, be-
catso it is tho aggressor, and Inns pcrststentfy
nnd tlellantly lnyitGd alA compelled this
retaliation which now promises to be 10
costly md .cctcrlous to tho prosperity Ut tho
| American faruurs.