Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1890-12-04

The apprehension that our tariff may again
and at once be subject TO important general
changes would undoubtedly add depress-
ing influence of the most serious character.
The general tariff act has only partially
gone into operation, some of It's important
provisions being limited to take effect at
future dates. The general provisions Of the
law have been IN force less than sixty days
Its permanent effect on trade and prices still
largely stand in conjecture. IL is curious TO
note that the advance in prices OF articles
wholly unaffected by the act was by many
hastily ascribcd TO that act. Notice was not
taken Of the fact that the general tendency
OF the markets was upward from influences
wholly apart from the late tariff legislation.
The enlargement OF our currency by the
silver bill undoubtedly gave an upward ten
dency to trade and had marked effect on
prices, but this natural effect Of the silver
legislation was hy many attributed 20 the
tariff act. There Il neither wisdom nor suE-
gestion that the subject OF tariff revision
shall be opened before this Law has had fair
trial IL Is quite true that every tariff sci "a
ule is subject TO objections. No bill was ever
framed. suppose. that in all OF it- rates ana
class sihcatfons had the fun approval even Of
party caucus. such legislation is always
and necessarily the product Of compromise
as to details and the present iav is no excep-
tion. but in its general scope and effect ]
think IL viii justify the support OF those
who believe that American legislation
should conserve and defend American trade
and the wages OF American workmcn- The
misinformation a. 90 the terms of the act
which has been 50 widely disseminated az
home aud abroad will be corrected by eN-
perience. and the evl augurles as 90 les re-
suits coufounded by the market reports,
the savings banks. International trade bal
ances and the general prosperity of our peo-
nlc. Already we begin 60 hear from abroad
and from our custom houses that the prohib-
itory effect upon importafions Imputed To
the oct T. not justified. The im-
ports at the port Of Nov York
for the frst three weeks of November were
nearly per cent. greater than for the same
period in lss9 and ~ per cent. greater than I'M
the same period OF 1sss. and so far from be-
ing am act 70 limit exports I confidently be-
Iicve that under 70 We shall secure a larger
and more profitable part patton in foreign
trade than We have ever enjoyed and that we
shall receive proportionate participation
In the ocean carrying trade of she world
The criticisms of the hui that have come 10
us from foreign sources may Hcil De rejected
for rerucnancv II these critics really be-
liexe that thc adoption bv us of a free trade
policy OF OF tariff ratcs having reference
solely Go revenue would diminish thc partic-
inafion of their own countries in the com
rnorcc Of the world their advocacy and pro-
motion hV speech and other forms Of organ
irssI effort Il this movement among our neo-
pie o. an exhibition OF unselfshness iu trade.
And on the other hand n they believe the
adoption Of a rrutcctive policy bT this conn
try inurts 90 their rroht u ls uotIceably
strange that they slCull leai the uutcrE
against thr authors of a policy Sd helpful %
fhern. ana CROWN uifh their favor those who
would snatch from them suh-ilutlai share