Daily Yellowstone journal., 1890-08-31

south OF us. both insulas and oonti-
mental, on this hsmisphers, were
s2i8, ,0O0. 900. The balance against 10
IN our trade with those countries
therefore. 10 tils. s.O0O, ,OOO. exceeding
our gains from oil the rest OF the
world. By no figure Of speech can
We
PLATTER OURSELVES INTO THE BELIEF
that our trade with our American
neighbos 10 in prospsrous condition.
How can this state OF Affairs he rene
died? You have heard . great deal
said within the past ten years BY our
democratic frisuds about the ipiquity
Of the republican party keeping up
the war tariff. As matter Of fact the
war tariff has not been kept up, but
hss been amended over gain until
the revision Of 1883 left scarcely any
trace of the actual tariff that was in
operation at the close Of the war and
for q few years afterwards. During
the war we were compelled 10 tax al.
most everything in air, 10 water, on
earth and under earth. The ne.essi.
ties Of the government were 20 great
that We could allow scarcely any.
thing 10 be imported without paying
tribute, and think that no patriotic
man can deny that that was . wise
policy. We were not then studying
the philosophy Of trade relations, but
how TO save the life Of the action.
MONEY WAS A PRIMAL NECESSARY,
and We seized 10 wherever We could
reach 1t lawfully; but during the last
eighteen years . great change has
been made. So entirely has the war
tariff been abolished, that IN the fi.caI
year ending June 30. 1889. the articles
admitted free we're considerable more
than one.third Of all imports. To be
exsct, imported articles that paid du,y
exceeded siSs, ,0OO. 900 in value. and
imported articles that paid no duty
exceeded $3.50. 900, 900 IN value. The
inevitable tendency IL, I think. toward
incresse of the free list. Our great
mistake was made when we began to
repeal the war duties on 70 large an
amount of imports. Any duty re.
pealed was favor and advantage to
the exporting country. and We have
asked nothing In return. Instead of
this course (Which, must say, was
one. of carelessness and wastefulness
Of both political parties). every rep al
Of duty should have been preceded by
. most thorough investigation, and
whenever 1t was found practicable to
export anything from the United
States. and thus
ESTABLISH RECIPROCAL TRADE,
Il should have been done. I do not,
Of course. intend to declare or 10 imply
that We could have secured the free
admission 4 s258, ,OC0 Of American pro-
ducts into the COUNTRIES whose pro-
ducts We purchase annually to that
amount. The richer country canuos
expect tn get complete reciprocity 10
amount from countries less wealthy.
But whatever We should have rec iv-
ed would have been clear gain rs in oil
future repeal of duties whstever We
may be able TO get will be clear gain.
1t IL not . question Of setting deliber-
ately to work to establish reciprocal
exchanges. But with oil duties We
have thus far repealed, II has been o
QUESTION OF whether We should get
something or get nothing. We have
chosen with our eyes shut to get moth
ing. hope now, with our eyes open.
that We shall get something" He did
not think this policy OF reciprocity
could be made to mean ultimate free
trade. Other speakers followed.