Middlebury register. (Middlebury, Vt.) 1886-1937, 1890-09-05
BIAlNE'S LATEST.

The full text of his remarks-which
have caused much discussion-follows
In regard to national questions | wish
to declare the opinion that the United
States has reached the point where one
of its highest duties is to enlarge the
area of its foreign trade. Under the
beneflcient policy of protection we have
developed volume of manufactures
which in many departments has overrun
the demands of the home market. In the
field of agriculture, with the immense
propulsion given it by agricultural i'm
plements, we can do far more than to
produce breadstuffs and provisions for
our own people. Nor could it be an am
bilious destiny for so great country as
ours to manufacture only what we can
consume or to produce only what we can
eat. We are already, in many fabrics
and in many products, far beyond that
and our great demand is expansion. |
mean expansion of trade with countries
where we can find profitable exchanges.
We are not seeking annexation of ter
ritory. Certainly we do not desire it I'M
less it should come by the volition of
peoples who might ask the priceless boon
of a place under the flag of the Union. l
feel sure that for long time to come the
people of the United States will be wise
ly content with our present area, and not
launch upon any schemes of annexation.
| 4 ha I ip1y ha
unwisely content if we do not seek to en-
gage in what the younger Pitt so we'll
termed "the annexation of trade
For nearly thirty years now the United
States have had the great advantage of a
protective tariff-by far the longest un-
broken period that this industrial policy
has been in force since the federal gov
eminent was organized; happily, the
great majority of our people without
strict regard to party lines, believe that
the results to the American people from
the protective policy haye been incalcul-
ably beneficient, aggregating in quar-
ter of century national and individual
wealth beyond anything ever dreamed of
in the history of the world.
do not mention protection because
intend to speak in its defence before this
audience. That would be needless if
not an impairment effort. merely wish
to proclaim its victories. Without pro-
lection the United States would have
been poor indeed after the ravages of the
war from 1861 to 1860. With protection
every section has flourished and prosper
ed, grown and gained, and where revenue
duties have been laid with no expectation
of developing industries, there have in
many instances been great financial and
industrial results. The heavy duty or
silk was levied primarily, not for pro-
lection but simply to secure large reve
nue. from one of the luXuries of the rich
But as a consequence of the duty thu
silk industry has increased so rapidly
that it constitutes one of the leading fab
RIGS of New Jersey, one of the larges
manufacturing States of the Union.
could readily adduce other illustrations
] to the same effect, as | have already in
timated.
am here to speak of an expansion o
l our foreign trade, not by any novel pro
q cess, not by any mode that will shock o
disturb home industries, not by any mod
:, that will invite our people to rash exper
4 iments, or that will launch US in doubt
+ full and dangerous investments. What
mean to speak of briefly is system o
reciprocity not in conflict with prOteC
a tive tariff, but supplementary theret
i and presenting field of enterprise tina
. will richly repay the effort and energy o
|. the American people.
5 We shall find it instructive and Walt
g able to examine into the sources of on
r imports, the destination of our export;
s. and to strike balance between the two
: Take the last year, 1889. In that yea
our whole exports to all the countries i
= three continents of Europe, Asia and Al
2, RIGA, and to Australia, Canada and Haw
q ali amount in round numbers to sos
- 100000, and our imports from all thos
r countries amounted in round numbers t
n S529, 100000, showing that from that va:
n trade we had a balance of Sl29,000,000
y, our favor, equivalent to that amount {
o gold among our people.
Is But when all the accounts were closeC
n instead of having Sl29,000,000 IN OF
70 favor, we had balance of Sl3.000,0(
against us from our foreign trade. W
10 must therefore have lost Sl42 ,000,000
=; our commerce with countries outside
y. those to which | have referred. Whel
IL could we have found such large adver;
l. balance? Let me tell you. We 10
4, 81 100000 in Cuba, from which our in
= ports were $4,000, 900, and to which o,
If exports were only Sll,0O0,OOO. Fort.
n one million is pretty large sum to lo'
q in one island in single year. In the r
h public of Brazil we lost SOL 100000. o.