The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1890-08-30

imports and the destination OF our ex.
ports, and to strike a balance between
the two. Take last year-lSS9. In that
year our whole exports to all the coun.
tries in the three continents OF Earepe.
Asia and Africa, and to Australia, Can.
ada and Hawaii, amounted in round
numbers to s65S 1000. 600, and our i'm.
ports from all these countries amount.
Ell in round numbers to $50.
00O,O00. showing that from that vas,
trade we had d balance OF $4,000 600
in our favor, equivalent to that amount
Of gold among our people. But when
all the accounts were clostd, instead Of
having Sl20. 900 Oc0 in our favor, we had
a balance OF SIS, 900 900 against us from
our foreign trade We must, therefore,
have lost Sl42, 10000 in our commerce
with the countries outside OF those to
which have referred. Where could
we have found such large adverse hal
ance? Let mo tell you, we lost forty
one millions in Cuba. In the Republic
Of Brazil We lost tifty.one million.
TIE REMEDY.
To cum it all up, our imports from
countries south Of us, both insnlar and
continental, on this hemisphere, were
S2l6,O0o,00O; our exports to them were
$4,000, 900. The balance against us in
our trade with these countries, there
fore, is SIZE, 100000 Exceeding our gains
from all the ressoi the world by Sl3, ,090,-
900. BY no figure OF speech can we
hatter ourselves into tho belief that our
trade with our American neighbors is
in prosperous condition. How eau this
state of affairs be remedied?
You have heard great deal said with.
in the past ten years by our Democratic
friends about the iniquity OF tho Repub
lican party keeping up the war tariff.
As matter ffact the war tariff has not
been kept up, but has been amended
over and over again until the revision O.
1888 left scarcely trace OF the actual
tariff that WAS in operation Mt tho close
Of the war aud for few years after.
Tard. During the war We we're COM
PEELED to tax almost everything in the
air, in the water. on the earth aud un.
der the earth.
We were not then studying the phil.
osophy OF trade relations, but how to
save the life Of the Nation, but during
the laat eighteen years great change
has been made. So entirely has the
war tariff been abolished that in the
fiscal year ending June so, 1880, tho ar.
ticles admitted free were considerably
more than oue.third Of nll the imports.
=. Instead oiGthis course (which, must
say, was ono of careleSsness and waste.
iulness by both political parties) every
repeal Of duty should haye been pre-.
ceded by a most thorough investigation,
and whenever 1t was found practicable
10 export anything from tho United
States, and thus establish reciprocity
Of trade, it should have been done.
H. WHAT RECIPROCITY MEANS.
It is not a question Of settipg deliber.
ately to work to establish reciprocal ex.
changes, but with all the duties We haye
thus for repealed it hes been question
Of whether We should get something or
get nothing. We have chosen with our
eyes closed to get nothing. I hope
nov, with our eyes omen, that We
shall in the future choose to get
something. We encounter opposi-
tion to this. policy from those who
declare that il we enter into reciprocity
OF trade with one country, We must do
so with all countries, and thus indirectly
bring about complete FREQ trn1e, 4do
not see the LOGIC ,ot thib, and / im sure
the fact will not prove what ia predict.
ed. We may enter into reciprocity with
one nation because We find advantage
in it. 1rE II
We may decline to enter into seoipro
city with anothe: nation because We see
ho advantage iii It. Reciprocity is
simply a policy Of CIRCUMSTANCE to be
determined fayorably or adversely ac
cording as it's operation may make o.
loss tof US. Ia sq5 that becauae We
enter into reciprocal relstions with ons
country Oh ono thing we must enter intt
reciprocal relations with all othel
countries on all things is 10 my mind a!
absurd as to say that il l buy horse to
day, I must necessarily buy drove Q
asses tomorrow. All obiectio1s OF tha
kinl are, ! an ye,'uuioanded aud vii
not atand tho test Of argument or Il prac
tlcal trial. Er rr'1
The large audience listened with th
profoundcst attention, and this speecl
met'with great approval. gNHss,