The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1890-12-05


barter" sas.wc trade products for prod
uctS Those ships which came in sucl
large numbers ~ New York i'm order .,
bring In goods before the McKinle,
duties won't TO effect. did not doman<
money In payment for those goodA W.
are continually told by the protection
| lists that large importation IL dangeroui
and 10 be- avoided like smallpox. fol
the reason that wien we buy much from
abroad our money flows out Of thu
country"
But what do We find in this case? Did
those ships load up with our money;
On the contrary. they began at once to
compete for our cargoes. the ono under
bidding the other on freight rates till in
some instances wheat was actually
taken to Europe free. This was made
necessary by reason Of the fact that 4
ship must have some weight in its hold
10 steady it-ballast as IL Is called
OF course when our products are taken
to Europe at very low freight rates they
can be offered for sale there at very
sight advance upon the New York
prsce. This gives our products the
power TO compete adyantageously with
the products Of other nations and thu :
widens the market for all we sell
abroad. The cheaper our wheat can be
carried 10 Liverpool tine more We can
sell there. and the moro competing
wheat from Russia and India can We
drive out OF the English mar~et
Now, ocean ire ights can be low on y
when ships can get cargocs both ways.
II we put up Mckinley tariffs with the
ayowcd object of shutting out foreign
goods how can we hold our foreign
markets for what we produce? Is it not
clear that II ship has to come empty
10 America for cargo OF grain IL Will
have to charge double freight on that
cargo? IL can not afford 10 cross the
ocean for nothing. When our grain.
then is put down in Liverpool with
double freight added to its price Will 1t
not be placed at a great disadvantage
in the competition with the grains OF
Russia and other lands that are now
gradually getting ahead Of US in the
English market?
Besides. why should we wish TO harm
the industries OF England? The glee
with which protect.onist orators point
out the evidences OF the satisfaction
in England over the Mckinney bill is
evidence OF the most stupid ig-
norance. They entirely overlook tho
value OF the English market TO US
especially % our farmers On an aver
age we sell every year S2l0 900. 600
worth OF commodities in England over
and above wnat we buy there. About
one-fourth OF our wheat crop is sold
abroad. most OF this in England: and
two-thirds OF our cotton finds foreign
market; nearly all OF this in England.
Evidently ii is OF the utmost impor-
lance to US to hold that market How
foolish to run the risk OF
osing large part OF market in which
e per cent OF all our exports are sold.
md from which we buy only "a per
ent OF our imports
Mr.. Blaine chases after the will-o-
he-wsp OF ciprocity with South
to which. as he shows. we sell
cry little, and at the same time the
market in which more than half OF all
ur foreign sales are made Is recklessly
Endangered by our stupd tariff makers
That the market for our breadstufis
rill continue to grow narrower in En-
land Is now practically certain.
The London Economist, the leading
nancial and economic authority among
snglish journals. says in its very tenn
crate discussion OF the Mckinley bill:
Many OF The staple commol ties We now
~. -.
sewhere. and II the c. 81 Of production In
ie STATES - enhanced. as IL must be under
ie new tariff. these other markets will be.
pine th. cheapest for ~ 10 buy In.
There are other evidences that En-
land Is loo king elsewhere for its grain
apply. A recent dispatch from London
lys OF the Mckinley bill:
For enc thing Il has already made II GER
lin that Europe Will take no interest n the
hlcaxo exhibition. and Will rractica Iy be
arepres nted there Even more important
the impulse Il has given here TO nsoli-
ate capital In An energetic effort 10 imm.-
ate.y push railways throughout the Ind,sn
I'd Russian wheat belts and thus render
le European market indie pendent OF Amer
an grain sunple a.
We have already lost heavily in COM
elton with those countries The Off.
al figures OF the Treasury Department.
e conclusive proof Of the fact Tho
'lative quantity OF wheat and -four
ought by England from the three
'incipal sources Of supply in 1850 and
'ss Is as follows:
$50 1873
Per C. Per ct
nssin.. ..-..-.-.....-.-.....--- tS 91
ritish lndia.-.....---......-. "a iioI
81
Our farmers are gradually losing that
arket and Russia and India ~ rain