The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1883-03-21
rARIEF REFORM
ooNfnuEp Fao6 rnl rrnsr rAeE.
HoME MARKET WHICH THE FARMERS

FURNISH.
The farmers Of the United States fur
4nish one-half or more Of the entire
market for American manufacturers.
They furnish all the market they can.
They buy all the stuff from the cities
which they have the money to pay for
all that their crops and cattle sell for;
but their money has reduced purchasing
4 power, They have to buy high pr0tec-
sd price goods with money realized
from agricultural products, sold at free
trade rates throughout the wOrld.rrNOw,
gentlemen, IL Our. mechanics, worked on
low tariff basis and made cheap goods
d, TO reciproeate with your cheap agricul-
tuTal products, you wOuld be able to
buy muchas slarger quantities OF their
mechanism. You could pure hase AT least
q quarter, probably Q third, more me-
ehanical products, more lumber, wagons,
bpggies, furniture, splows, culttYatOrs,
Yespers, books, carpets, china, glass,
boots and shoes, salt, groceries, better
dresses for wives, daughters, sons and
yourselves, OF the thousand things you
'bny In the cities yOn would be. able to
give the city people a larger market to
supply. l estimate that the high tariff
we have today deprives from. 10000 to
10000 wOrkmen in the United States of
employment which the farmers would
furnish to them IL they sold their goods
at fairly reciprocal prices which the
farmer could Justly pay. The manufac-
.tuEara are cutting the thrOats of their
tNorkmen by their excessive high tariff
sprDteeted charges for their goods, and
f1lfng the country with tramps when
ever there Is a little furry In the inan-
eial market. ~
HOW PROJECTION WORKED DURING THE
.UgJt FasM -iy8s PANIC. 1W rttAW
Now. gentlemen. l approach another
point, which in my mind Is as import
ant as anything may say. In 1873 this
country was swept over by a fiscal storm
called panic. 1t went like one OF those
cyclones over the praiTies that tear down
cities and tarmhOVses,i destroying life,
and wreeking property. That CONNER
ooeial pFostTation lasted FIVE long bitter
Years-1874, rs, '76, ~, and 1873. The
that really prospered were those Of the
Sheriff and bankrupt courts. Our most
energetic business men were sold out
went through bankruptcy. Everything
Olwas.dead or prOstrate. You could hardly
give away real estate. 1t was said there
v,Were.R Q million of tramps In the United
States begging for bread. And yet all
,thattime the country was protected"
''byA high tariff. Why did that panic
Oh. last .AYe or six years. Why did this
0ueauntry take so long to recover andre
..gQperste and get on her feetp Here is
n " ~
sources In the world, with the most in
v'eelligent, the most active, the most
Bharp-Witted, and the most inventive
peopleon the'face OfitheglObe. Gentle
men, will tell you what / believe to he
the reason. When the panic struck US we
were largely in debt to foreign nations.
We had borrowed during the war and
after the war a great deal of money; we
had sold railroad stocks and national
bonds in Europe, and had large interest
tO pay on them; the balance of trade was
running heavily against US. Our gold
and silver, as fast as they we're extract
ed from the mountains, were sent
abroad to pay our dents. But still the
debts were not liquidated. We continued
prostrate until we were able to pay our
foreign debts and to restore our credit,
and II we had not been able TO pay our
foreign debts to this day we would still
be under the effect Of that panic as bad
ly as we we're at any period of 1t. Ia
ao IT WAS NOT "PRorECTIoN" THAT LIFTED
-a-.--- US UP.
Well, what lifted us up? For three
successive years Europe was afflicted
with famine, bad. short crops. frOsLs,
stoFmssand- rains. They were short by
hundredsOf millions worth of agricul-
tursl products sufficient to feed their
people during those three years. By a
strange or happy chance in this country
our fathers were blessed with three sue
eessivem9gnihcent crops, and supplied
the destftution of Europe out of their
tremendous surplusses. You sold hun
dredsOf millions OF dollars worth of
grain and meat, and got high prices, and
paid of those immense European debts,
hIled up the channels of trade with
money, kept our gold and silver at
home, imported foreign gold, restored
our credit, resumed specie payment.
gave employment to the tramps and the
idle men; set all our domestic industries
.Rt work, aud prosperity returned to
smile upon us. Now, that Is what lifted
ms onto the mire. a s...... ...l...t 3D.
WHAT WE'RE THE MANUFACTURERS DOING
during all these years Of hard tfmes2 |
Come now to the gist Of the question.
o'H0wmuch were the loom, and the anyiI,
land the furnace doing to roll back the
balance Of trade against US and assist
the fafmers In restoring the balance TO
this country2 8. You will beamazed, gem
tlemen, such OF you as have not looked
Into the facts, when tell you that dur
ling those five years the farmers Of this
country were furnishing three-fouTths
of the exports of the United States. Pc
,ltroleum was sending out .One-fifth.. ana
6,pur high protected industries, all of
Them, q beg9arly ohe-fifth of our foreign
exports. Last year the farmers furnish
,-edS0 per cent. of our totBl exports. and
the paotected Industries about 12 per
eenthaed sLnu1 ln5ilHI a0iaats8H
MANUFACTURERS MUST EXPORT.
~ Hell you that unless our mRnufac.
"ttirets reinforce the agricultnralists of
this country and send abroad their fair
share or SUR plds5es over the earth, as
you send abroad your suFplusses all over
VShfg world, there never will be security
fOr,O financial condition. We will
iRlWsys be liable to sudden panics; you
may be on the eve OF one now. The bal
Ance of trade fsnearly turning against
us In 1881 we only claimed that We
sold so 100000 more than we bought.
Fhfs Sear It may be $25 600, 900 the other
ORRy,is Already there are symptoms of
gthedfain; when gold and silver begin
logo. and we commence "pouting,,'' our
credit In Europe for foreign goods, and
ekhe farmers are not able to- furnish
enough TO pay all the goods this country
%gpSTts Panie Is light ~ your door
genf the plOw and hoe, and reaper1 mHst