The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1884-02-09

tone of the storm mingling with the
lullsbies of the calm, the beauties of
the rainbow mixing With the dewdrop.
All these. promptiDgs and correlstioas
focused to show to man, nations, the
dependence of one people upon an
other, the dependence of the exchan>
ges of one region upon those of an
other, framing from mutual benefits
girdle of fautless policies to bind in
commercial fellowship all nations,
kindreds and interests. Let Law
makers and statesmen move ont from
the reformless ruts of tariff exclusives
ness, and pause before this matchless
economy. Tariff protection, to the
least extent, produces stimulus to un~
due and unhealthful investments in
manufacturing. thus Withdrawing
from agriculture and other industries
their legitimate investments, where
these investments are usefully and
pro6tably employed, thus leaving
these industries robbed of that encour.
sgement that belongs to them, and
fer want of which they decline;
which misplaced investments, caused
by tariff stimulus, lose their true
worth to the country and tend more
to pull down than to build up, de-
stroys equilibrium between industries
for which there is no atonemsnt.
Tariff protection, combining manutac-
turing as it has, and always will, TO
the home protected market, will con-
tinue to produce revsrses in trade,
superabundance of manufactured
goods, which they are disabled to ex-
port by protection. shutting down
and turning thousands, Z" at present,
out of employment in the dead of
winter to suffer Oh stSrve, many OF
whom were induced to leave other
and moro reliable employments to
find out at last that tariff protection
instead of being blessing, as boosted,
is curse to laborers. They say they
are compelled to close and wait until
demand arises in the home market.
They are loaded with money. They
can afford to wait; laborers cannot
without suffering. Do you see much
prospect of gaining the foreign mar
ket, our great want, under this tariff
policy? Manufacturers say they can
not afford to export, that they can
not compete with England. While
We have home protected market our
foreign trade will he Insignificant.
Can this nation afford to do without
the markets of the world, for The
privilege of placing the masses OF the
citizens under tribute bondage? I'm
der our nearest approach to free trade
in 1854 our mercantile marine was
fast gaining on that Of England, and
woald have surpassed hers in few
years. But about this time England
freed her trade, removed emoargC
from her coasting trade, freed iron
from tax, which was substituted fol
wood in ship building. Our nation
maintained tariff protection and the
tale was told. This surrendered tt
, England the misstressship of the seas
What bIunder. This country, pos
: scssing moro iron than all Europe
could have by one stamp of the fco
, by enlightened craftsmanship freed
it's trade, its iron, and been to day
instead of England, at the front
} Tariff protection increases the cost o
: production, increasing the cost 0
r living, increasingly the cost of shil
. building, increasing the cost of ma
4 chinery, has and always will pre-
: vent US from gaining the foreign mar
e kets. 1t is thought by many that rs
!, duction of duties will enable US t.
+ gaE the foreign trade. This woul,
. be correct if England WAS cucumber
!, ed by tariff weights, but she has N
II such weights. Our nation to wi
d must have no weights. Somethin
y must be done. Our shipping is hard
. ly known abroad, our trade is scarce
Q ~ recognized in South America an
= Mexico, our close neighbors, VII
o trade to Liverpool and other Europe
l. an markets, not because they prete
% these places to New York. Boston q
= New Orleans, but because We wi
|. not take their articles in exchange fc
l. ours. The trade of the world
5. largely barter, cash performing ner,
: ly the adjustment Of balances. TIL
l. tariff Chinese wall exclusivsns
lie shuts US out from the markets of ii
70 world. Are not they who are in fl
a. vor of continuing tariff protectio
Q (somewhst modifed) impressed wit
is the fact that amid our delspidate
d. foreign trade, delapidatsd shipping f
Is cilities, delapidated navy, not suti
\. cient to command respect abros,