Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1890-12-05
BISMARCK. NORTH DAKOTA, SATURDAY, DECEMBER s 1890
service as far as can learn, has been exc
cuted impartially and faithfully.

service. as far as can learn, has been exc.
cuted impartially and faithfully.
BENEFICIAL LAWS.
congratulate congress and the country
upon the passage at the first session of the
Fifty-first congress of an unusual number
of laws of very high Importance; that the
result of this legislation will be quicken
| ing and enlargement Of our manufacture
ing industries; larger and better markets
for our breadstuffs and provisions both at
home and abroad; more constant employ
ment and better wages for our working
people. and an increased supply of safe
currency for the transaction of the bust
ness of the country. There were
300 less failures reported in October
1890, than in the same month of the pre-
ceeding year, with liabilities diminishing
by about $50,000,000. The value of our ex-
ports of domestic merchandise during the
than the preceding year, and was only ex-
ceded once in our history. About $780,
100000 OF this excess was in agricultural
pursuits. The production of pig iron, al
ways good industry, is shown by the re-
cent census bulletin to be 1853 per cent.
greater in 1890 than in 1889, and the pro.
duction Of steel 200 per cent. greater
IHE GENERAL TARIFF ACT
has only partially gone into operation,
some of its important provisions being
limited to take effect at dates yet in the
future. The general provisions of the law
have been in force less than sixty days.
Its permenant effect upon trade and prices
still largely stands in conjecture. 1t is
curious to note the advance in prices of
articles wholly unaffected by the tariff act,
which are by many ascribed to that No
tice was taken of the fact that the general
tendency OF the markets was upward from
influences wholly apart from the recent
tariff legislation. The enlargement of our
currency by the silver bill undoubtedly
gave ", al an ~ Upward , tendency TO trade and had
marked effect upon prices, but the natur-
al and decideA. effect of the silver legisla-
to the tariff accft. There is neither wisdom
or justice in the suggestion that the subject
of tariff revision shall be opened before
this law has had a fair trial. 1t is quite
true our tariff schedule is subject to OBJ
pose, that in I'll its rates and classitcations
had full approval even Of a party caucus.
Such legislation is always and necessarily
the product of compromise, and the pres
ent law is no exception. But in it's general
scope and effect, think it will justify the
support of those who believe American
legislation should conserve and defend
American trade and the wages of American
workmen. Misinformalion as to the terms
OF the act, which has so widely dis
Seminated at home and abroad, will be cor
rected by experience, and the evil auguries
as to its results confOundcd by market re-
ports, savings banks, international trade
balances and the general prosperity of our
people Already we begin to hear from
abroad and from hnuSpc 10
the prohbitory effect upon importations
imputed to the act is not justlfieds The
imports at the port of New York for $the
first three weeks of November were nea, ly
per cent. greater than for the same period
in 1889, and 20 per cent. greater than in the
an act to limit exports confidently believe
that under it we shall secure larger and
more profitable participation in foreign
trade than we have ever enjoyed, and that
we snail recover a propOrtlOnate participa-
ton in the ocean carrying trade of the
world. The criticisms OF the bill that have
come. to us from foreign sources may well
really believe that the adoption by lis of a
free trade policy or of tariff rates having
reference solely to revenue would diminish
the participation of their own countries III
the commerce of the world, their advocacy
and promotion by speech and other forms
OF organized effect of this movement Of
our PEOPLE is rare exhibition of unseltish-
hand if they sincerely believe
the adoption of a protective
tariff policy by this country inures to their
profit and our cost, it is notably wrong
that they should lead the outcry against
the authors of policy so helpful to their
countrymen, and crown with their favor
those who would snatch from them a sub
stantial share of tyade with other lands al
ready inadequate to their necessities.
There is no disposition among any of our
people to promote Sprohibitory or retalia-
tory legislation. Our politics are adopted
not to the hurt of others, but to secure for
ourselves those advantages that fairly
ton. Our form of government, with it's
incident of universal suffrage, makes it
imperative that we shall save our working
people from the agitation ana distress
which the scant work and wages that have
no margin for comfort always beget.
Bat after all this is done, it will be found
that our markets are open to friendly COM
other great powers. From the time OF my
induction into office the duty of using
every power and influence given by law
to the executive department for the deYel-
opment of larger markets for our products,
especially our farm products, has been
kept constantly in mind, and no effort has
been, or will be, spared to promote that
end. We are under no disadvantage in
any foreign market, except that we pay
our workingmen and workingwomen bet.
ter wages than are paid elsewhere: better
abstractly; better relatively to the cost of
the necessaries Of Efe. do not doubt but
a very largely increased foreign trade is
accessible tu us without bartering for
either our home mstket for such products
of the farm as our own people can supply
or the wages Of the hard working people.
THE RECIPROCITY CLAUSE
Of the tariff act wisely and effectually
opens the way to secure a large reciprocal
trade in exchange for the free admission
TO our ports of certain products. lndica-
tions thus far givensare for very favorable
action by the countries from which we re-
ceiye our large imports Of coffee and sugar,
and it is confidently believed il steam com.
munication with these. countries be i'm.