The advocate., 1890-02-27

always cOntended, the taflH ~ NOV "v
Quoted from the price In the hands Of the
producer, but Is added 10 the price, and
paid to the consumer. This price 30 es-
tabllshed, does not pay the American
farmer actual Grst co@ cfproducttoH.
We are now ready for another propo-
sitlon, which, while It may appear TO be
nonsenslcal, is nevertheless an economic
fact. II ls this; SO far as the price Of these
commodities are concerned, America re-
ceives all the benefits and advantages
that attach or accrue on account OF sun
restricted commercial geciprOcitg"
What are the facts? While It Is not a
fact, that England, like small country
store, offers for commodities, one price In
cash, and little larger price, "ir takeH
out IN trade," II Is nevertheless true, that
the prices spotea qrare established upon
that basis. Our most formidable competi-
tive rivals, In the production Of cotton
and cotton goods, breadstufis and provis-
ions are India, South and Central America,
and Australia. But these are countries In
which England and Europe, specially
England, enjoy almost exclusive and en-
tire commercial supremacy furnishing
nearly their entire volume Of manufac-
tured goods, and taking in exchange their
breadstuiTs, provisions and cotton; And as
the prices of these commodities are estab-
llshed by these Nations, under the afore-
said conditions, and as these prices are
OpeR to AmericaB products, 1t follows that
in these prices, low as they are, the Unit
ed States receives the full benefit Of sun
restricted commercial rectprOcity' irrespec-
tive of the operations Of any tariff or tariff
restrictions. II seems to me, that this
position Is unassalable.
So much then, for the question ofpr5ce.
Now as TO increased demand, or a larger
foreign market There is one underlying
principle, which must be borne In mind,
in the consideration Of this question; viz:
Nations exchange commodities Of the
kinds that they tent need for other com
modtes that they d0 need, Hence Eng
land and Europe exchange manufactures
which they don't need, for food products
and raw materials that they do need. On
the other hand, the several countries
hereinbefore mentioned, trade food and
raw materials which they don't need, for
manufactured goods which they do need
But the United States enjoy the unique
distinction Of being 80 situated as TO need
neither food products, raw materials,
(oith perhaps q fe,O eEcoptjOns) or manuiac-
tured goods. Who Mea shall zoe exchange
aStAP ? The countries that need our food
products, have nothing to offer h eX-
change but manufactured goods; while
countries that need our manufactured
goods, have nothing, (,Oi@ a teto erceptions)
to offer US, but food products. II we take
the food products, we increase our already
large (so-called) surplus. II we take the
manufactured goods, we dlsplace Ameri-
can labor to the extent Of our importations,
and by rendering said displaced labor, un-
able to buy or consume, we again increase
our surplus. Thus we ever travel in a
circle and arrive at our point of departure.
There are only two modes by which we
can increase foreign demands for our
grain and food products. 1st BY giving
England and Europe free access to our
markets, and assuring them better price