Arizona republican., 1891-02-28
Il contract. and b.lls tor advertising pay.
FOREIGN TRADE VALUE,
1T IS NOT WEALTH, NOR DOES IT
 MAKE WEALTH.


 Trade Over Ninety Per Cent. Of An. Value of Our Home Market.
 The Free traders attach much inpor- tance to foreign trade, which they regard as A source of great wealeh to the nation.
 The wealth of a country Is noS shown by the amount of it's imports and ex- ports. It is seen in the every dhy man ner of life of the masses of it's people. It is seen in the character and quantity of the food they eat; in the quality of the beds they sleep in, of the houses they live in; in the character of their social life; in the quality of the education which they give their children.
 Foreign trade exchanges wealth; 1t does not make it. Wealth is not made by exchange, but by production, Trade produces nothing. It serves a useful purpose in the distribution of wealth, but is not itself wealth. Neither can it make wealth. If, in tho making of a bargain, one side Is cheated, 1t may be said that the wealth of the one side has been increased, but the total sum re- mains the same. When the transaction is 3 fair and even exchange, as under tho operation of th>> i5.incipie of cavest emp. tor it is bound :n the long run to be, nothing is made by 1t, and wealth is in no way augmented.
 Foreign trade does not add to the wealth of country. On the contrary, except in so far as 1t consists of articles inhibited by soil or climate in one of the countries to the trade, it ia evidence of e vicious distribution of tho industries of that country. If foreign trade decreases by reason of people supplying their own wants. the decrease Is an evidence of increasing prosperity. s%
 But in any event the foreign com. merce of this country Is trihe, baga- telle, compared with our magnificent domestic commerce, which, thanks to our Protective tariff, is untxampled among the nations, whether o7 the pres cut day or of all history. In the extent and completeness of ita material re- sources, and, above all, in the high spirit and intellectually of it's people, our country can rely upon itself. ... z.
 While shiploads of goods are undoubt- ed evidence of production, deny that the extent of foreign coramerce is of It. self any evidence of prosperity.
 As shown by the investigations of the select parliamentary committees of Eng land, it has often happened that the for eign commerce of that country was largest when the times were hardest, be- cause the people at horne were too poor to buy. and the goods had tt, be exported in order to find sale. It is no sign of prosper. ity that ones dealings with foreigners in- crease; they may increase, at the expense of dealings with ones neighborh As production increases, if wages be pressed down, the laborsr will become less and less consumer, and the articles he would be glad to buy If he had the money may have to be sold abroad, Such foreign trade is no siga tha. ths country is getting richer, but, on the contrary, it is sign that its people are getting poorer. ... -.- a
 Foreign trade spoils ths equilibrium of nations industry; is leaves them one sided and disjointed, and postpones indefinitely the period If their na.tura coordination. tE
 We are one country and one people with one future and one destiny; sub ject to the same burdeng of taxation, ts the same duties and responsibilities oi citizenship, and living on the highes' plane of material civilization evsr knowr to mankind. As against all the worlt we must regard ourselves as one family b,tween whose members there exist re ciprocal duties which may not = nay cannot be overlooked by any without in jury to all.
 Our geographical situation, separated as we are by the fat of nature from thu older forms, tho stagnat,t conditions ant the imbruting civilizations of other con tinents, warrants us in demanding o .he intellectual men among us--the pro fessors and political economists of tn, country, themselves sh,rers of the na tonal prosperity that they shall investi gate the new conditions of humanity that they shall take into account tn. manhood and spirituality of a people Our workmen have q right to demand of the professors of polite learning tha they shall study not merely books O literature but the boeik of labor, ana that they shall cease sheir attempts t adjust the conditions of the free citizen of this country to the conditions, infi nitely lower, which prevail in oths countries.
 The tritling charact4r of our foreign compared with our doinestit:, trade ma, be gathered from flow figures. Tn bureau of statistics estimates the tcta production of the United States in 1Ss' as worth sio, ,o0o, ,ooo, 900, or 800 pc capita of the population, and that of thi SOO the value exported was VT, or 8 per cent; the value consumed at home $l83, or 9tf per cent. Is 1t worth whil, to trouble ourselves about such flor eign trade" when our home trade offer to our farmers, manufacturers and mer chants the richest market iri the world2
 The abandonment If OUT protectiv, policy for the purpom, securing foreig, trade would be to sava at the spigct snt lose at the bung,
 England, having already lost much Q her foreign market through tho adoption or protective policies by Germany France, Italy and Ruasia, Is filled witt apprehension that, by the bill under con aderation, her greatest market will b. taken from her. This is made manifcst oy the tone of her public press, and b, tne loud protests which have como to ut from the manufacturing ce'aters cS thai country.