The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1890-09-04
THE moKmLEY BILL IN EUROPE,

THE MCKINLEY BILL IN EUROPE,
One entrenchment which all recog'
nize as a possession OF protection In GER
tain species Of mind, 10 race hatred
The antipathies toward England are
cultivated, and the jealousiee OF Ger
many. hut men OF business desire only
the enlargement of trade and profits
and care little for sentimental ideas IN
commerce, Toward France there
should be nothing but historical fond
ness, But our Republican friends, and
even that suddenly arisen Bismarck,
Mr., Mckinley ,stoopS TO the cheap twad'
die, seek TO uphold the latest elevation
OF tariff rates by noting the opposition
evoked In French Chambers OF Com
merce, In the current North Amerl-
can Review, Editor DeMolinari Of the
Journal des Economistes has conclu-
siye article on the mckinley bill In
Europe"
lie examines the causes which led 10
the recent threats OF reprisals but con
oludes that there will be no retaliation
even should the Mckinley bill pass,
With much care he contrasts old pro-
lection France with decade of new
France under Napoleon LII, Golden
convert. The foreign trade Of the
country increased eighty per cent. In
the period, lS59-0g. Then is described
the revival Of protection, started by
Bismarck after the Franco.PruSslan
war, when the military necessities Of
Germany, and the indemnity Of France
demanded enormous revenues. But
now dark spots dot the sky of protec.
tloa Ia continental Europe. In Ger
many, France and Italy, the gigantic
growth OF England under free trade is
having a reactionary influence. Ger
many's exports are decreasing, The
chambers Of commerce Of Dantzig
Stettin and Konigsberg are entreating
the government 10 return 10 more lib
eral duties.
"The doctrine that the foreigner has
to support the rates" says the Konigs-
berg Chamber, "is now altogether an
exploded theory, An experience of ten
years proves the contrary"
The decrease In Italys trade Is sta
tistioally presented, aud the reasons for
the exodus Of her oppressed people to
our shores are thus apparent. There
are presented the marvellous Increase In
England's commerce, In her savings
bank deposits, In wages, and the striking
Stoppage of emigration TO this country
from the British Isles.
M, de Molinari concludes with the
statement, not Of theOrist, but Of q
member Of the upper trading circles
of Paris" who comprehcnds "the COM
merclal relation between Europe and
America" This informant believes
that high protection will cure itself,
and hence the Mckinley bill will not be
met by reprisals. There will be a mu.
tual closing Of the markets of the re.
spectiye countries 10 each other from
natural reasons Of trade, by the pro-
hlbitive rates Of the Mckinley bill the
Americans will entail the greater dam
age upon themselves. "ln lS87.lSSS
the United States, on a total export
trade of s6S3,s620OO, furnished S5l9,.
20S, 600 of products, or seyen.tenths Of
their exports, TO the seven European
nations with which they do the most
business, viz; England, Germany,
France, Holland, Belgium, Spain and
Italy. During the same year these
countries supplied the United States,
on a total export trade Of 81, 2,723,000,000,
with only 1894 100000 Of products, or
less than one tenth. Compare these
figures, What else do they mean than
this 2-that, while the closing Of the
United States market would only make
Europe lose one, the closing Of the Eu.
ropean market would entail on the
Americans a loss OF seven"
There is set forth, how, even under
the rigors Of the present law exports
from France to the United States have
decreased, and there is pointed out the
serious truth that In cotton, cereals and
petroleum, the three great components
Of our exports, this country has no mo-
nopoly Of production. II is a calm re-
view Of trade relations, and no exulta.
ton over foreign opposition TO the Nc
Klnley bill can refute itin minds that
the melting Of race prejudices
rs petty. II has It's .corollary, not
drawn byM, de Molinari, that reciproci
by and the Mckinley bill cannot cock
ist, any more easily than you can yoke
a giraffe and a jackass and expect them
TO pull even.