The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-10-08
THE MKINLEY FRAUD ON THE FARMER

striction OF trade with Europe is the final
result of the MCKINLEY fraud by which
the mill owners are to be still further en-
riched at the expense of the farmers
We buy from South America coffee,
rubber and sugar. We imported from
South America last year s57, 900 900 more, in
goods of this kind, than we exported to that
continent. How did we pay for these
goods: BY sending gold to South America
as the ill-informed protectionist says! Or
by exporting other goods to other countries
in excess of what they sent us!
We sent to Europe s175000 coo more in
products, chiefly agricultural, than we i'm
ported from that continent. Europe was
thus in debt to US, and we were in debt to
South America One-third of our Euro
pean credit would cancel our South Ameri-
can debt; and that is precisely what was
done. The merchants of Europe did not
charter few steamships to send to US that
enormous sum of gold and silver, nor did
we ship gold to South America for the diff
ference due that continent We paid our
South American debt with checks on Euro
pean banks, and we had still a sufficient
balance due to US from Europe to pay off
our debt to Asia, Africa, and other places.
The exports of products from this coun-
try paid for the imports of products into
this country, no matter to what countries
our exports went or from what countries
our imports came. 1t made no difference
that more of our exports went to certain
countries than what we received from these
countries amounted to. nor that from other
countries we received more than we sem
them. AS a whole, our exports of products
made by our labor. are the pay for the pro
ducts we import from other countries
which have been made by the labor of for
eigners. Our exports amounted to ovel
500, 0OO,0 600, and our imports amounted tx
over s100,000,000. Each was the pay fol-
the other.
But our exports were chiefly agricul-
tural products, and were sent chiefly t.
Europe. The amount of cotton, bread
stuffs, and provisions sent to Europe las
year was S42S,0O0, 600. These were the pro
ducts that left Europe indebted to US. II
the farms had not yielded this surplus
which was shipped to Europe, we could
not have paid our South American debt
and must have stopped trading with thai
continent. We could not send cotton
breadstuffs, and provisions to South Amer
lea, as that continent produces these very
articles for sale as well as we do. Oul
farmers could not live by direct trading
with South America, for that continent
produces its own cotton, breadstulfs and
provisions. But Europe is hungry for our
farm products; so the farmers turn their
products into European manufacturer
goods by exchange, and with these manu-.
features, bought in this way with farm
products, the farmers then buy goods from
South America, Asia, and Africa Thus
it is the American farmers that now SUD
ply South America with manufactured
goods. The surplus product of the farm i:
turned into some manufactured article by
exchange, and then sold to South Americ;
for coffee and sugar.
But a few millionaire manufacturers il
this country dislike this proceeding which
really enables American farmers to becom,
J competitors of the mill owners. They dis
like to see American farmers selling manu-
featured goods to South America; for tina
is what the transaction really amounts to
though the farm products change hand
fifty times before reaching their fina
destination, and though the farmers ma,
never see or even hear of the manufacture,
goods for which their products are finall,
exchanged Accordingly, the mill owner
get MIR. MCKINLEY to cut down by higl
tariffs the farmers trade with Europe. ant
then induce Mr.. BLAINE to champion thei
cause of unrestricted direct trade will
South America. This is precisely VIVA
the MCKINLEY bill accomplishes. The mil
owners want this South American trade
and if the farm trade with Europe can b
cut down and direct trade with SoutI
! America substituted, then will the mill
owners displace the farmers in supplyin,
manufactured goods for our southern
| neighbors.
The MCKINLEY bill aims to wreck tn
export trade of the farmers in the interes
of the manufacturers. South Americ
cannot buy our farm products, and Europ
cannot afford to unless we take Europea,
products in return. We cannot brin,
European products here on account of tn
tariff, nor sell them in South America i
the reciprocity scheme is agreed to there