The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-08-24
TARIFF TALK.

THE HERALD day or two ago showed, to
a demonstration, that not dollars worth
of goods will come into this country till it
is paid for by our own goods sent out; that
the goods we send have given employment
TO our own labor, and the imports are sim
ply the pay that our own workmen receive
for their labor; that what we export is
surplus chat cannot be consumed here with
out great loss; that the only way to stop
imports is to stop exports and thus throw
our own workers cut of employment; that
one days labor on an American farm or in
an American shop produces goods that are
exchanged for the product of two days.
labor in an English wooden mill or French
silk factory, and to stop the exchange will
merely double the work of Americans to
get the same amount of silk or woolens;
and, finally, that gold and silver are not
exported to pay for tbs goods we import,
since exports pay for imports The truth
always Anglers our downtown neighbor,
and as result
The Tribune labored through a column
and half in order TO confuse the meaning
of The HERALD's tariff article. These arti-
cles need no explanation, and the words
need not be chased around the block and
into corner in order to find out what they
mean. 1t is our especial care to sta tie them
so plainly that they cannot possibly be mis-
understood. We state only the plain, down
right truth, and truth is the only embellish-
ment of our articles on this subject. The
maudlin attempts of our badly worried
friend, therefore, to ridicule the simplicity
of the argument and the plainness of the
facts, we take as compliments.
The organ carefully avoids coming any
where near the question, and fails to quote
single sentence or to interpret" a single
line of our article correctly. One state
mentit makes is too rich to pass unnoticed:
'sDuring the same year (1SS9) our loss of
the precious metals by net export was
gold, S49, 661. 101, and silver S12, 034 ,403, or
a total of SCI, sos, 504.n
Now, VIII lost this exported gold! Not
the owners of it, for they received full
value with a profit added, or they would
have been fools to make the exchange. And
if the owners didn't lose it, then who did!
This is given as proof, let it be noted,
we import and thus drain the country of
money.
In 1887 the export of specie was S22, no.
$40; and the import of specie was $780, 10,
100. In 1855 the total coin and bullion ex-
port was s33, 195, 504; and the total coin and
bullion import was SAG, 119, 307 In 1889 the
export of specie was $50, 2l4. 1894, and the
import was SIS, 1868, ORB And so it is from
year to year. When gold or silver are ex
ported or imported, they are merely mer-
chandise sold by weight for use in the arts
or transmitted to make up the small final
balances.
Thus in some years we import more
specie than we export, and in other years
the reverse is the case. But the Tribune
attempted to show that we export money
to pay for the S700,OO00OO worth of goods
we import each year, and to do so it shows
that for one year Gan exceptional one) the
export of gold and silver coin and bltllio,
was S6i.695, 504, or about one dollar il
twelve, as compared with the imports
Had it taken coin only, the proportion il
not one dollar in money to one hundred
dollars in imported goods. But bullion is
product, as much as wheat or cotton, an(
IS sold by weight like sugar or flour. 1t i.
one OF our exports, and to claim bullion az
money is only another evidence of the igno
rance or depravity of our unesteemed con
temporary. A few others of its statement.
are definite enough to admit an answer
and we take pleasure in noticing them
Here is one:
All the agricultural product we export doe
not amount in value even when landed il
Europe, to what our cotton crop alone is WORT
on our shores.
Let US test this assertion by facts ant