The Hot Springs star. (Hot Spings [Hot Springs], Dakota [Dakota Territory, i.e. S.D.]) 1886-189?, 1889-11-29

of trade, say they. Il not absolutely n
our favor, will. ct least. not be against us.
1t is . pretty theory. But, o. q matter
Of fact, England will not buy wheat from
us simply because We buy cotton goods
from her. She will sell us all that she
can and take the money for It, and buy
what she needs where she can buy it most
cheaply. And she will take the money
that she gets from us and use it, or part
Of it. in improving the methods Of tran
sportation from the interior to the sea-
board of her East Indian possessions.
aud as soon as she Is able to bring the
wheat of India TO the seaport of Knrra-
chez rs cheaply as American wheat can
be brought to the port of New York. she
Will either cease from buying our wheat
at oil OF demand that it be sold at the
same price as the wheat raised in India,
where wages are 81 per month, without
board. In this hlissful stale the farmers
who now listen to the fellows who prate
SO glibly about liverpool fixing the price
of American wheat" would comprehend
what it Was to have kurrachee fix its
price.
But it may be said that this also is a
Theory. It il much more than that. II is
a decided probability of the event Of free
trade. But let us look at some certain
and known results of free trade upon OK
ports and imports. England has had free
trade for about forty years, and Is show
ing WEAKNESS of her possession Of it.
Now, English imports for three years
stand thus for the first nine months of
each year:
!ss1. e22O, 00o, 900
1sss. 2So, oOo,o
1888. ~. DD,OOU
There being u net increase in the value
nf iuoennrkc IN tho nvtn.s - no mn nNO
between 1887 and 1852. The exports were:
1ss9. 49,, 100000
There being q net increase Of only 9l9,-
900, GOO in exports, against 942, 900. 900 in
imports.
The whole free trade theory of reciproc.
ity in commerce is false. It is not the
nations from whom England buys the
most hat are her best customers. The
United States buys more from South and
Central America than Epgland does, but
England sells most to them. Other in-
stances might be multiplied almost in
definitely. The facility Of transportation
cuts a prime figure in sales. WeLuy more
coffee and other goods from South and
Central America than England does, be-
cause IL peOple-our wage earning peo-
ple-are better off than the English, and
therefore demand and use more coffee.
and the American republics and the en-
pire of Brazil are the nearest buying
places. But when it comes to selling
goods TO these countries they have the
choice between us and Europe, and the
subsidized vessels Of Europe convey goods
more cheaply and more frequently I han
sur unsubsidized and struggling liens of
steams hips can. To-day where England
fiourishes. which is ON the ocean, she
tiourishes because she has kept up her
ancient policy of protection; where she
languishes, which is in her home market,
she languishes because she has adopted
free trade. To-day where the United
States tlourisles, which is in the home
market, she flourishes because she has
adopted a protective policy; where She
languishes, which is on the ocean, it is
because she has abandoned o protective
policy.-Chicogo Inter Ocean.