The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1884-07-26

previously been exporter from the Ane ricau
colonies from their or ginal settlement,
a nountea to less than n ne thous md mil
lions OF dollars (Sa.O O,OJU.utJl. ON the other
hand our exports from 1880 60 the close Of the
last bscal yeaT exceeded twel thousand
millions of dDFars tSl2, 1,0p0O,-the whole
OF II being tie product or American labor
Evidently protective tariff has not injured
our export trade When, under its influence,
we exported in TWEEN y-four years forty per
cent. more than tue total amount that had
been exported in the entire previous his iory
of American commerce All the details
when analysed, GORE spond with this gigan Ne
result The commercial cities of the Union
never had such growth as they have hal
since 1860. Our chief emporium, the city of
New York. W tn its dependencies has with
in that period doubled her population and IN
creased her wealth FIVE fold. During the
same period the imports and exports which
have entered and left her harbor are more
tlap double in bulk aud value the whole
amount imported and exported by her be-
tween tae settlement of the first Dutch col
ony on the island of Manhattan, and the out
break of the civil war in 1861
AGRICULTURE AND THE TARIFF.
The agricultural interests by far the largest
in the Nation, and is entitled in every adjust
ment of revenue laws 30 the first considera-
ton. Any policy hostile to the fullest devol-
Opment OF agricu ture in the United States
must lie abandoned Realizing this fact the
opponents OF the present system of revenue
have labored very earne silly to persuade the
farmers of the United States that they are
robbed by the protective tariff. and the effort
is hus made to consolidate their vast influence
in favor of free trade. But happily the farm
ers of America are intelligent aud cannot be
misled by sophistry when conclu i've facts are
before them. They see plainly that during
the past twenty four years wealth has not
been acquired by one section or by one in
terest at the expense of another section or
another interest They see that tho agricul-
tural States have made even more rapid
prOgre s than the manufacturer states.
The farmers see that in 1850 Mas achusetts
and Illinois had about the same weIlth-be-
tween sOO000,0W and S9OO,0OO QUO each-and
hat IN, Maa nhttoo haA aHx nnaHf tn
5000 0O0.000 while Illinois had advanced to
S3,200,U00,000 They see that New Jersey and
Iowa were just equal in population in 1850,
and thut in twenty years the wealth of N, W
Jersey was mere Used by the sun of $3.50, 0Ou-
CO.., while the wealth of Iowa was increased by
the sum of $780, 0l,OOO. They see that the
nine leading agricultural States of the West
have grown so rapidly in prosperity that the
aggregate addition to their wea tn since 1860 is
country In that year, They see that the
South, which Is almost exclusively agricul-
tnral, has shared in the general prosperity.
and that having recovered from the loss and
devastation of war, has gained so rapidly that
its total wealth Is at least the double of that
which 1t posse ssed in 1870, exclusive of slaves.
In these extraordinary developments the
farmers are the helpful impulse of home
market, and they see that the financial and
revenue system, enacted since the Republican
! party came into power. has established and
constantly expanded the home market They
| see that even in the case OF wheat, which Is
! our chief cert al export they have sold, In the
ave stge OF the years since the close of tue
war, three bushels mt home to one abroad,
| and & at in the case of corn, the only other
| cei cal Whlch we export to any extent, lOJ
| bushels have been used at nome to three and
a Ealf bushels exported In some years the
| disparity has been so great that Tor every
peck exported loo bushels have been con
suIne y, III the 1hle market ne FARMERS zee
| that III the increa sing competition from tie
| grain fields of Russia and from the distant
| plains OF India the growth of the home mar
| ket becomes daily of greater concern to them
| WOnlu
| value OF every acre of tilable iand in the
| Union.
OUR INTERNAL COMMERCE
Such facts "a these touching the growth
aud cOnsumptiol of cereals at home. give us
| some conception of the vastness of the IN
ternal commerce of the United states. They
| suggest, also, at in addition to the advan-
tages which the American poop enjoy from
| protection against foreign competition, they
enjoy the advantages OF absolute free trade
| over larger area and with greater popula
ton than any other nation. The in erna
| commerce OF our thirty eight Stares and nine
! Terri o les Is carried on without let Oh
| hindrance, without tax, de ention or Govern
mental interference of any kind whatever
| 1t s r. ads freely over an area of three and
half million square miles-amost equal In
| extent to the VIII ole continent of Europe. Its
| profits are en- we'd to-day by 56,0UJ,U0 OF
| Aue lean freen n, and from this en- ioym INT
no monopoly Is reuted. According to Alex
and Hamilton when he discussed the same
sub. ect in 1879, che internal comp ,titiou
winch takes p ace docs away with ever 9TH ng
like monopoly, and by degrt es red CO, tn
prices of art cles to tue minimum of IA reason
able profit on the cap tai employed" 1t is i'm
possible to point to single monopoly IN the
Unit d States that has been created OF
fostered by the industrial system which is up
held by the Republican party.
| Compared with our foreign commerce these
domestic exchanges are inConceivuby grea
In amount-requring merely as one instru
mentality as large IA IN lcage OF ra lwpy as eX
lists to-day in all the other ma, ions of the worlC
combined. these internal exchanges are es
timated by the statistical Bureau of the Treas
ury Department to be annually twenty times
"a great in amount as our forei1n commerce
1t is into this vast field OF home ira le-a
once the creation ard the heriJ ge OF the
striving by ov ry device t. enter 1t is int
this Il Id that the opponents CT our presen
revenue system wou freely admit the coun
tries of Eu ope-cOuHtlies into whose inter
nal trade we could not rec locally enter
countries to which we should be surrender
ing cvecy advant ge of trade; from which
we should be gaining nothing in return.
, EFFECT UPON THE MECHANIC AND THE La
BORER.
: A policy of this kind would be disastrous
the mechanics and working men of the Unite
, States. Wages are unjustly reduced when a
Industrious man is not able by his earnings
i've In comfort, educate MS chlliren ana la
: BY a sufficient amount for the necessities G
| age. The reduction of wages inevitably col
sequent upon throwing our home market ope
! to the world, would deprive them of the powe
l to do this. 1t would prove great calamity I
our country IL would produce conflict II
+ tween the poor and the rich, and in the so
J rowtul de radiation of labor would plant th
seeds OF public danger.
The Republican party has steadily aimed I
maintain just relations lie ween labor and ca
! ital-guarding with care he rights of each.
: conflict between tie W. mas always led In III
past aud will always leau in the future to II
injury of both. Lator is Indispensable to II
5 creation and prohtab Q use OF capital, ard ca
v ital increases the efficiency and value OF labo
Z Whoever arrays the one against the otht
q Is an enemy of both. That policy is wise
= and best which harmonizes the two On I'll
/. basis OF absolute justice. The Republics
9 party has proIe ted the free labor or Am9fft
: 50 that its compensation is larger than IS +
, allied in any other country. II has guarde