The Providence news. (Providence [R.I.]) 1891-1906, 1892-01-08
SALE BEGINS THE
SATURDAY. j. B. BARNABY co.

julius c. Burrows, member of congress
from Michigan.
The opening address, when cigars had
been lighted, was made by President Lane
who said 'There can be but little doubt
that our great commercial interests are
gratiied TO see in the tariff law what has
never been placed there before, n provis-
ion for taxing imported products when
the nation from whom they come do not
give us n fair and reciprocal return of
some sort. Thus we have an opportunity
to deal generously with those who both
appreciate and reciprocate It,
Speaker w. h. Barret spoke for the
commonwealth. Gen. Thomas l.. James
of New York on Needed reforms in the
Postal Service" and Senor Romero of
Mexico recountcd the industrial and mer-
camille progress madU by his country, and
Senor Don Nicanor Bolet Peraza, the
Venezuelan minister, spoke well and elo-
quently for his country.
The Hon. w. II. Curtis expressed the re-
grets of Secretary Blaine and said, IL did
not expect TO speak tonight. | expected
only TO bear message from the secretary
of state Qoud applause), who had promised
and had hoped 20 be here himself But he
could not come, and letter he had pre-
pared for me to bring failed TO reach me
in the confusion that attended his illness
yesterday. beg that you will accept his
congratulations and regrets, aud my
grateful appreciation Of your hospitality"
(Applause.)
Mr.. Burrows, who was received with
che ers, and who said THE great repub-
lies south of us have met us halfway, and
n bond of friendship has been cemented
which will inure to the advantage of all.
Never again will the statisticaDs show the
sad fact that the foreign commerce of the
United States with Mexico was only 10 per
cent of her entire foreign commerce, while
we bought of that country p per cent. of
ours. The tariff act of 1890, among other
things, removed the duty on sugar, thus
giving free entrance to this commodity to
the markets of the United States, and re-
mitting TO those countries S5OOOO,OO0 in
duties annually. We also placed on the
free list molasses, tea, coffee and hides.
But IL was accompanied by condition.
This condition was that reciprocal entrance
shall he given To products OF the United
States into the ports of any country re-
ceiving such remission IL this was not
granted the duties were TO be re-assessed.
Tea. coffee and hides were placed on the
free list years ago without corresponding
advantage To Us. This act served TO repair
that oversight
II have heard IL argued in some quar-
ters that the policy Of reciprocity was an
abandonment OF the policy Of protection
aud an adoption of the tenets Of free trade.
Nothing could be more preposterous. IL
is not free trade; it is fair trade. CAP
plause) We admit into the United States
things we do not produce. like tea and
coffee; things we cannot produce in sutii-'
cient quantities TO supply the home
market, like sugar. In return we receive
reciprocal advantages in foreign markets.
III we exact from favored governments the
reciprocal advantage TINS Is the essence of
protection Protection guards the home
market; reciprocity reaches out TO the
foreign market Protection builds up
home industries reciprocity opens up
foreign market TO The surplus product.