The state republican. (Jefferson City, Mo.) 1871-1896, 1890-07-10
IMPORTS AND EXPORTS.
enaeT a Revenue Tariff and Under a PRE-
tectIVe Tarir

ttCtINt tf''N
From tho year iS43 to 1878, inclusive,
the largest portion Of which we we're
Nhder n low tariff, our exports Of gold
and silver amounted to 81, 24s, 324, 800
Our imports of gold and silver during
that period amounted to sol, 1876, 147, an
excess of exports of our gold and silver
over our imports during that period
amounting to 81, isY, i59, 213. =.
From the year 1879 to tho year 1899,
Inclusive, IL exports OF gold and silver
amounted to SAC, 232, S07. Our imports
amounted to S2o5, 167, 743. This Shows
that during tho last Ten years our inn
ports Of geld and silver have exceeded
oUr exports by SIS, 934, o3G,
Now, it will be observed that during
the largest portion of tho period when
our excess of exports OF gold and silver
amounted to 81, ISL, lh9. 2i5, Witch eih-
braccd the war amt paper currency pc
riud, we vert under a low tariff; while
frutn 1879 to 1889, when our imports of
gold and silver exceeded our exports by
SOS, 93l. D36, was n period of high tariff
after the war and when our currency
was on a coin basis.
Now we ask the business men of this
c%ou:tty to carefully consider these facts
and their bearing upon the currency
and upon the business prosperity of tho
country. During twcnty-sCvcn years of
the time from 1Si3 to 1876, the excess OF
our imports of merchandise owe II ex-
ports amounted to 81, 500, BOA, 5S5. Dur
ing live years Of this period, the excess
of our exports of merchandise over our
imports amounted to SOC, 7l3, SAG. The
excess of our imports over our exports
for the entire period was 81, 4S9, 500, TAB.
4 large part of this period was when we
wcrC under n low tariff. On the other
hand, from 1876 to 1887, the excess of
our exports over our imports was S1,612,-
$50. 100. while during the last two years
of Clcvcland's administration the excess
of our imports over our exports was $780,
49,, Ssh, showing that during the thir-
teen years of high tariff, the excess of
our exports over our imports was 81, 5Si,.
026. ST.
During the last fiscal year of n Repub-
lican administration, ending juno 80,
1855, the excess of our exports over our
imports was s1Gi. G62, 4G8. During the
first year of Clevcland's administration
the excess of our exports was reduced to
S4l.OsS, 69i. During the second year it
WAS reduced to S23, S63, 4i3. During the
third year of his administration the bal
aUcc was changed to the other side Of
the ledger, and was S2S, O02, cor against
lis. In lSso, the last year of his admin
istration, 1T was 81, 73O, ar against us.
When Cleveland came into Office in
fANs 100, t,E.1 1000, ,,.1uz D. ia 1 on -
The last year of his administration our
. exports were only $685., 054, 507. In the
year 1855 Cleveland began his admins
tration with our imports S5T7, 527, 320,
AMI closed his administration with
our imports S723.957, ia. in other
words. Grover Clcveland's tariff re-
reform administration has reduced the
sale of our products to foreign countries
SAG, 235,24S in four years, whereas the
sale OF our products should have in
creased moro than that amount. Dur
ing the four years of Clevcland's admin
istration the sale of foreign products in
this country increased Sl46, 100, 7S5, thus
substituting that amount of foreign
manufactured products for home anu
featured products.
During the four years Of Republican
administration. just previous to Cleve-
lands, we sold to foreign countries
1914, o3o, AIS more than we bought Of
them. while during the four years Of
Clcycland's administration we only sold
them S37, 2t9, 253 more. than we bought
of them.
These figures show that the protective
system in four years time has made a
difference in the amount we sold foreign
crS more than VIC bourhtof them amount
ing to S32G, $50, 100 more than it was dur
ing the four years of Cleveland's admin
istration.
Now, what makes this difference? 1t
is simply that the protective system
encourages home production, so that we
produce more than we consume, and
soil to foreigners, while under the low
tariff system our manufacturing indus
tries are depressed, our people are idle
and foreigners are making our prod
ucLS aud selling them to us, so that we
buy from them more than VIC sell to
them.
Another point; During the eighteen
years of low tariff, from 1919 to 1860,
inclusive, our imports of merchandise
amounted TO So, SOC, GG4. 535, an average
Of S2l1,4S0, 252. During the same period
our exports Of merchandise amounted to
81, ~, G5+, 492, an average of Sl92, 925,-
33S, The total excess of our imports
over our exports during that period was
Ssh, 0lO, 243, an average of SIS, BOZ, Oh
per year. During tho twcnty-nine years
of high tariff, from 1861 to 1889, in.
elusive, our total imports amounted &c
Sll, 500, 1922, an average of $50, 4G3,
cG! per year. During the same period
our exports of merchandise amounted
to SD, 9a9, 7ol, 1854, an average of S525,
l5s, i34. The total excess of export,
over Imports during that period was
SI26, 34S, 372, an average excess of OK
ports over imports amounting to S14,
Ga4, 772 a year.
Another important item: During The
ten years of high tariff just previous t
Cleveland's administration, our tota
imports OF merchandise amounted t.
S., s3S, j5S, 5O7, and our total exports t,
Stab, 2GG, 1875, an excess of exports owe
imports of 81, G04, O7,G1s, the averag,
excess of exports over imports during
this time being SlGO, 40, 7Gl.
During the four years of Cleveland
administration our total import
amounted to So, 796, S44, 67O. Our tota
exports amounted to 81, S3i, O63, 023. Til,
excess of exports over imports durinI
these four years was $37,2l9, 253, an av
crage excess of exports over imporC
Of only 50, 304, S13. And during the las
two years of his administration the i'm