The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-08-27
TARIFF POINTS.

We have shown that our surplus pro-
ducts, such as wheat, beef, cotton, sewing
machines, etc, are exported to pay for the
goods we import; that all large purchases
are made with checks and bills of exchange,
money not being exported or imported ex
cept when sold by weight, like bullion
sugar, or -four: that our export of sur
plus products, for which there is no market
here, is over seven hundred million dol
lars. and our imports also being over seven
hundred million dollars there is no room
left for payments of coin; that we sell
only our surplus 1--WE should be fools to
send over the ocean what we could sell
here) that this surplus has given employ
ment to American labor, and that to stop
either the production or sale of this sur
plus win throw out of employment 2,000-
900 men in farming alone; that we sold
this surplus for the goods made by
European ''pauper labor" receiving much
for little; that when we bring in the pay
ment for this surplus, the government
seizes one-third of it, and this seizure or
confiscation by the government of the
goods we have worked for is called ''pro-
tection.''
Our unesteemed contemporary has been
attempting for days to SO befog this ques-
ton that people could neither understand
anything of the subject, or of the organs
meaning. Its last attempt of three columns
necessitates alengthy reply on our part; but
we should much prefer to take one subject
at a time, and shall endeavor in the future
to hold our wandering protectionist friend
down to one thing at time.
The organ admits the truth of nearly all
we say, but endeavors to evade the con-
clusions, is incoherent and contradictory,
and above all deceptive and inaccurate.
First, though it maintains that French
labor is pauper- labor with which our labor
cannot compete, it has the fool-hardiness
also TO assert that
One days labor in a French silk factory will
produce something that win purchase four days
labor on the American farm, and pay for the
original material besides.
Every word in the sentence is DELHI
crate falsehood, known to be such by the
editor who wrote it. French labor is not
so well paid (by the day. as American
farm labor We shall prove this by-but
no the editor is on his knees saying:
And the proof of this is not supplied by the
fine worked up statistics of some specialist.
Of course not, nor is it proved by any
other statistics; but sheer pity deters US
from quoting statistics, on apoint on which
the Tribune psthetically pleads in this man.
ner for US not to do so.
But now one of its heavy guns is fired:
The balance of trade between England and
India is always in favor of England. So it is
with Egypt: so it is with Italy; so it is with
Spain: So it is with all her colonies the world
round, and the result is that every one of those
nations is drained of money, making England
horribly rich.
Horribly ric.i'' is exceedingly good; and
a England is the only tariff for revenue''
country in the lisi, this condition ought to
point a moral even to dull protecuionist;
but as the editor mas not begged US not to
quote statistics on this point well lust
quote 'em.
In $50, British exports to India were
$50, 961, 25S and the imports therefrom were
-s36, 036 402. The imports from Egypt were
eS,4s 5,09S, and the exports to Egypt were
a2,94O,74 The imports from Italy were
-e3, 202, IA, and the exports to Italy were
s7,ll6, 40 (the only case in which the
organ was correct). The imports from
Spain were eli 81 1909, aud the exports to
Spain were s4,62S, 005. For the whole of
the Unite Kingdom, the exports were eli,
5s., Cd, per head and the imports e5, lis,
I'd. per head of the population. Thus,
while Great Britain grows rich, ''horribly
rich" by receiving more than she sends
out; the Tribune claims she is growing rich
by sendiug out more than she receives in
return, and says other countries should
adopt the method of sending out much and
receiving little in return in order to get
rich,
The organs assertion that England ex-
ports more goods than she imports is only
one more false assumption that we must re-
flute. From 1874 to 1855 the excess of i'm
ports TO over exports from Great Britain
were s., SOS. 074, 635, the average yearly ex-
cess Of imports being over $500, 00O, 600 The
excess represents what Britain gained
Thus while the balance of trade'' is
against Great Britain, the balance shows
precisely the profit she realizes on her for
eign'trade. When a man sends out ship
load of goods and receives two ship-loads
in return, each one equal in value to the one
he sent, he makes good profit. So with
nation. The larger its imports (of every
thing) as compared with its exports, the
greater its profits. To give little and re-
ceive much is sound economy anywhere III
the world.
Then il follows with the same doctrine
in regard to this country:
Our claim was that imports were so much
that they drained our country of gold and silver
topay the balance. One Of the chief advantages
OF the tariff is that it serves to arrest this ex-
change OF gold and silver for foreign wares and
keeps the money in circulation in the United
States which belongs to our country.
Once more we quote the facts. The ex-
cess of exports from the United States
over imports to this country from 1S76 to
the pre-. e1t date middle of 1890 was over
S1,G50, 000,000. In only two years, 1855 and
1889, was there an excess of imports. What
has become Of this excess of exports over
imports. 1t has been invested abroad 1t
could not be brought here, for the govern
ment would confscate one third OF it at the
custom house. So the exporters, instead of
bringing back payment for their exported
goods invested it in some English ship OF
Russian railroad The balance is thus not
lest to the individual but it is lost to the