Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1891-02-21
.,;stics Show The New Tariff
Bill Has Actually Stimulated
Foreign Trade.
Tho Imports For 1890 Being Over
s8oo,cooooo, and for 1880
s5o,oooooo Less.
Time Coming When We Shall Elk
mort Only Manufactures and I'm
mort Only Crude Products.

u is too soon 10 determine the effects
- The tariff Of 1890 upon all the indus
trias Of the country hv the results already
.-ogrpGshed The bill went into opera
l;on an October 6 after the business of the
rear 1890 had close 80 far as related to
srg5nizatian production and wholesale
Hs,r.bution If any advantageous effect
man the industries might possibly have
bsen produced. tie discouraging inHu-
s7,gs Of the elections in November would
have qcne far 10 ncu ralize or destroy it,
INT IL is now tlue for the new law to
tsr,iu t0 manifest il benefits, IL the en-
Iarrpment of the field of industry, and by
increased activity Of production. The
coming season will lest the law, and prove
or disproye the claims Of those who a6yo-
Gated IL. We have r0 doubt of the result,
Ind that the friends f the tariff of 1890
will find their justification in the course
Of events. Already indications of I'M
movement are apparent In the increase of
6ur production of this finest kinds OF
wooden dress goods; the starting of sew
era factories to make tin plate; the organ
izatiOn Of linen null In the northwest,
and many more new enterprises.
The benefits of the bill for agriculture
have been recently affirmed by extensive
injuries among the farmers of the north
ern and eastern states, as stated In
another part Of this paper.
Other indications may be found In the
reports of the statistical bureau showing
imports aud exports under the new tariff
bill in comparison with the data for several
preceding years.
One Of The loudest cries of the adver-
sarias Of the bill was that it would destroy
our foreign commerce. 1t was alleged
that our imports would decline, and there
upon, according to free-trade philosophy,
our exports would inevitably fall Oft.
Sufficient time has elapsed to prove that
the effect of the new tariff on foreign COM
MERGE will not crafty its enemies. 1t is
evident that neither imports nor exports
will deminish. but, on the contrary, they
will be enlarged un der the influence OF the
tariff of 1890
The December report of the bureau
shows the imports for the month to be the
largest in our history, although the excess
over the imports of Dece nber, 1888
amounted to less than $500 600 But, in
view of the unusual quantity OF goods i'm
ported during the summer and early fall
Of 1890 in anticipation of the Mckinley
bill, tits surprising that the volume or I'M
ports in the latter montha Of the yesr
should have been so we'll maintained. The
stimulation given taImp0rts by the pro-
posed new tariff is manifest if we com
pare the imports Of 1890 with those Of
1889 During the six months ending
December 81, 1890 the imports amounted
to S4l2,l9 $50. During the correspond
ing period OF 1899 they were 1915, l62 S57.
For the year 1890 the imports were 1873,
8lS 7S2 end for 1889 $40 522. 665.
The new tariff bill, it must be conceded,
has Disappointed its opponents az re ards
its effect upon imports. We ara confident
that it will continue TO dissapoint them,
and that with the growing prosperity of
the country our imports will steadily in
crease This Is in harmony with the pro-
tective doctrine and with experience.
These imports will be limited more than
hitherto to such things as this country
does not produce Our own industries
will be developed and widened. The
larger exports OF our manufactures will
force a return in such things as we want.
The increasing wealth OF the nation will
demand a greater supply of Injuries, the
product of foreign chimes Or foreign skill,
which our own land does not yield or our
own wOrkmen have not yet learned to
fabrcate
If the imports fail to show injurious
effects from the Mckinley bill our exports
give equally decisive evidence. Those of
the month Of December were the highest
Tor any one month in our history, amount
ing to S98, 439 500, exceeding by nearly
SL5000J the exports Of December, 1889.
For the six months ending December 81,
1870, the total exports fell about 5000 900
behind those for the same period in 1899.
but for the whole year 1890 the exports
exceeded those of 1889 by more than $50,
V0OO, and reach the enormous sum of
e''Gb-S $40. II is gratifying to observe
n this connection, and to confirm our
predictions OF the increase OF manu-
ia@ured exports under the new tariff,
that the proportion Of miscellaneous
exports including manufactures was
greater IN December, 1890, than in De.
cember 1889, while the proportion OF
crude materials exported was less
his country has already reached the
point where nearly one-half Tor excluding
cotton, quite onp-half) of its exports are
mauufaCtures From this time on it may
% safely anticipated that the proportion
Or our exports of crude products will steadi.
" diminish until we shall be known &c
DAY "'iiu az an exporter OF MANUFACTURES
and as an importer Of crude products. The
markets Of the world will then contribute
70 our wealth and give employment to our
industries. as 70, generations they have
cone for England But we shall have
reached this condition by policy diamst-
rcaly opposed to that which England has
pursued, Thanks to the American pro
lsl5e system, the American farmer will
h0I aage been sacrificed nor the American
sor5men degraded for the benefit of either
.ls banker, The importer OF the manu-
!ac'arer The wage, and profits o.
l-a farmer and the workman will b,
Lthialnel or advanced, and the products
q 'aa farm and factory will find their way
.a.a the markets of the world. cheapeneC
me combination Of skid and intelligence
.n rs possible only among people
have repeatedthe benefits Of protec
IN wages education and social ad
'aEaement.
Who Pays Tt@
rasal. II the new American tariff
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