The Republican. [volume] (Oakland, Md.) 1877-current, 1892-08-12
PROSPERITY AND PROTECTION
The Record for the Past Three
Years.

conflict may be which the Ameri-
can people are to engage in, in
up the issues everything is
plain sailing. The Presidential
candidate of the Democratic party
and it's platform are all of a piece.
Let no Democratic Senator here
after this recital of the deliberate |
act of his party at Chicago, claim
that the difference of labor here |
and abroad and the establishment |
of American industries based upon
the protective system are in any
way recognized by his side in this
conflict. AS stated by the advo-
Gates of the tariff-for-revenue-only
plank, which was voted in by the
convention, all other legislation is
not only robbery, but is unconsti-
tutional in itself. The whole sys-
TEN under which a prosperity un-
exampled in history has been shown
to the world, is a makeup of law
lessness and fraud. Every laboring
man, with incidental protection to
his labor struck out, is to be put
upon the basis of underpaid and
fooeign pauper. Hundreds of
great industries established in the
United States are notified that their
downfall approaches. The pro-
tectivt system with the legislation
that bps grown out Of it, which in
the last three years, and especially
in the last year, has produced such
astonishing results in our trade
and commerce is to go by the
board.
As showing some of the results
of Republican administration I'M
der Republican policy, | give GER
tain official figures. The excess of
our exports over imports in the
three years ending March'31, 1892,
aggregated 1921, 1877, 1867, or year
ly average excess of 1913, 1872, 456.
For the three years ending March
81, 1889, the excess of our exports
over imports was only 1928, 1884, 379,
showing balance of trade during
the three years of President Harri-
sons administration of more than
$3.50, 900, 200 in excess of the three
years preceding that administra-
ton. But the condition of trade
and the balance in our favor is
still more startling when the figures
are given for the last year ending
April 80, 1892, which are as follows:
EXPORTS IN THE YEAR ENDING
APRIL 80, 1892.
During the twelve months end
ing April 80, 1892, the exports of
merchandise from the United
States attained the remarkable and
unprecedented value of 81, oil, $685.
279, far SURPRISING the aggregate
value of exports in any prior twelve
months in the history of American
commerce. The immense increase
will be better appreciated when
compared with the value of exports
OF corresponding prior periods:
For IL months ending April 30,
1891 1878. 3Sl 947
For IL months ending April 80,
S47 694 26
For IL months ending April 80.
1913, 6Sl 725
For IL months ending April 30,
7S5, 434 IA
For II months ending April 80,
734 996, 93l
For 70 mobth ending April 80,
667 oil 1868
or an average value of $7O9, 700, 900
during the six prior periods.
The value of the exports of mer-
chandise for the last twelve months
ending April 80, 1892, exceeded the
average value of the exports of
merchandise for the prior six
periods by the large sum of s3O1,-
803,37O.
IMPORTS DURING THE SAME PERIOD.
The value of the imports during
the twelve months ending April 80,
1892, was 1882, 09S, 1872, and as fol-
lows during the corresponding pc
RODS:
Twelve months ending April 80,
lS9i SSi5 033, $50
Twelve months ending April 30,
173 6sl 100
Twelve months ending April 80,
73s $50, $50
Twelve months ending April 80,
100 452 ,2n
Twelve months ending April 80,
81. 500. 4s9
Twelve months ending april 30.
lSSe.............. 62 3i9. $50
or an average value of $3.50, 102.17l
during the six prior periods.
II the exports of merchandise are
compared with the imports for the
twelve month ending April 80, 1892,
it will be seen that there is the large
excess of exports, or balance of trade
in favor of the United States of
$179, 406. 514. The increase of ex-
ports of the United States during
the twelve months ending April 80,
1892, was 1902 per cent. 1t is
learned from British authorities