Daily Yellowstone journal. [volume] (Miles City, Mont.) 1882-1893, 1892-12-09

of i."N;: III thn nAul}rr dtt tnil<otiS ttn
I4oyed III ttat: s;trin ljefiftt.: r.: :::. ~. :
:: n''r F"reIEn Trade:
The total tHlue ut our forcivn tru,},
=: t&port~ nfiI .tlnnufncturcsl during liz
lust fl~cnl yt'Hr vas &l+<T, ,',s stu, IN In
rren,e OF *!*>,* ,*>;',tJ4 over thu nrryitt.
fiscal year. Thu, average annual yu1t,p n,
h'rln1pUriA nn1 exports nf merchandise
for thr ten fiscal years trior to l>y1 va.
$l.+H,"".ptH. 1t will tn. observed thnl
"u" foreign tradr fur is9. exceeded tnl.
annnA! Attra1;t vain. by n W.5*>, ,,u1, Au
! Increase Ut *'.I1 ltr ttnt The >itnillc.
ance nfId value of this I.1rrcH.e are ~~wr
i ny The fact that ilie excr~, in the trate oil
fn'@ over 15tl. WIS wholly in tn. value n|
/ exports. for thcre was dtcrea.. In thu
! value OF Imports u St7,5t3,7:@
Inc 'aiuc Ut u'1r exports during the
llScnl tcAr }S!? reached the hiRhest figure
IN tho history "t thu government nmuunt-
INK To $@,Htt.@sS. ~ exceeding ly *l45, H.
o''9 t1le exports ot l$11 and excrtting the
Valae OF the Imports by *2'4 ,et5Got;.
Faiu. al Exp"rt@.
A comparison Of the value of our px-
noFtH for 'HG with tlc annual average for
tte Ten wears prior to l>Ul show. I'LL EXCESS
o1 VIA. l42.61'1, or Of A.lI5 r,er cent.
ans sA'ur nl our Imports of nerrilHn
d'se tor lHn:, which WIS *s2n, r::,4b.!. also
exceeded THE annual average vulue 1T the
ten years Iror tn ISM by $1H3.t5.M ,
i'hfi1g thr f1Htal wear i3!t4, Il ll+ value nf
imports IRE: ns duty amounted to 49,
"s''o'>t ttlt largest aggregate III the ht~.
Tor! Ut our commerce. The value OF thu
1hp"Its ut 1nerchAntIi>e entered fre.. of
duty In 1S3! Wits ',,,a., per cent. of the
tothi 'tl'1e ut l1upurl~, A* cntl,,4retl with
$3.50 pr cent. III l>al. and ~ IT; 1,er cent.
tn t>.tl.
The rna.twjse Tratl@.
Ia nur cum~twi>e trl.le Il 1unst e,,cuur-
n,kinS development L. in rru~,v+.. here
hnTinK hcrn ~ The l1st fur ,,,,,s i'm ill.,
eFTa~e nt 10 per eeta1, In iutrrnnt co1t~
mrrct the stat jt. ~hnw that u, .1t1
period of prosperity has ever hcfur. ,.x-
tst''l Tln freight rArrlvtl in tn. ct,a>t.
"!sc trade nf the Treat Lakes Ia I.,ll ap
KreEai*tl !>,-H.'.:tM toms
Ah"th"r lntticntton ut frt,~rrr;tx.
Anot ttr Indication Ut he general pro.
lMr1ty Of thc c"'sntry IL fuliu,l in thu turt
that the n11mbrr of ttp3~iturs In sAvi,.u,
tanks lncreus'tt from tEE},n7n in 1Njt tt
III lS:tt. all increase ut ..It .fr
ceitf' i'hh tEt" nnlullnt nf utpo.lta fr,,ut
*lH4,2'i 5H in l>Gttn>I ,:,H. IT., ,5lh, In l..t,
i Fientt nf Nork II. t;u"h uArr4.
There neser HAS Iert u time in our l,fsc
tnfs "lra work was H1 Abundant nr hen
wages were u@ high. whether ,1*ru.1t,,.I
hy the currency on wh|ct, they are antd IT.
ny thelr power to supply rhe neee>4arle<
ami comforts o. lfe. =!
II amy are sliscuntenttl with lltalr strt+
here; IT auy hrlitx+ that the wages ar !.
Price*, ie l"tur.1~ 10: honest toll art. in !
adequate, The; ~honl.i uot fn1l tn r,.,urnl- !
ber thai there Il til, nt her c;,uutrr in TIN. "
'vorlh here 1ilt conditions tl1t x.x.ln t., :
hem Ear*i would not Ie uc.euted M /
liEhly pro ptr1lt>
betityt* tn Ptnteclin,
! believe that the prot tt.c.lyt .%y,tp1n
Which now tnr something iik. thirty
'enrs ha> pr>'a}lr'( tn uur ltti>lutinn, hus
'ee1s mighty INSTRUMENT tor the tIevtI-
'pnent pi unr nntlt,unl utatn, and Il
most powerful aKe1cy III proteeting the
'onts o1 ouT Wnrkltaxnten from the ii1vA-
ion OF wait. fAve felt ,nuat .olioi-
OILS Interest tu preserve to uur WORKING
'eol'Ie rates ut wages that would not only
1se AAlty breAd, but supply Il cumtort.
DIS margin for tho@e hume attractions
hi family comforts and eui,ynrnts
F1thout which life ii neither hopeful nor
wtet.
1t II not my purpose to renew here the
rguMent in favor of a protective Tariff,
he rehilt Of the recent election must t,e |
ccepted az having introduced a uew
onoy. we must Hsssllne that the ure-
snt tariff. constructed Upon the line. ut
rotect1on, II 10 be repealed and that
here is to be substituted tor it II tariff
NV constructed solely with reference to
avenue; that no duty IL to he higher be-
Ause the increase will keep open an
.merican mill or keep up the wages of an
merlcan workman. but that in every |
ase such rate of duty is to be
imposed al will brlag to the treasury
the United States the largest returns
revenue. Tie contests not bciDu be-
Veen schedules but between principles,
would be offensive to suggest that tho
reva1ling party will not carry into legis-
tion the principles advocated by IL and
le pledges given to tho people. The {
riff bills passed by the house of repre-
ntAtlyes at the last session were rs
opposed, even In the opinion Of their {
inadequate. and justified only I
I.the fnct that the senate anh house Of |
We're not In accord and {
mt a general revision should uot. tiere. t
re, bo undertaken. T
vt the Democratic Congress. Attend tn t
Tariff Revision. 4
I recommend that the whole subject OF =
riff revision be left to the incoming :
ngress. 1t IN matter of regret that =
Ia work must he delayed for at leaat >
rec months for the threat of great tariff :
nnges Introduces 80 much celtniuty =
at an amount not easily estimated, OF !,
siness in action and OF diminished pru- -
ction will necessarily result.
Those who hnvs advocated Il protective
ritz can we'll afford to have their diY-
troua forecasts of a change OF policy din. q
pointed. II a system Of customs duties r.
d be framed that will set the ldls wheels II
d looms OF Europe In motion and crowd d
r warehouses with foreign made goods q
d at the same time keep our own mills II
ay; that will give us an Increased parti~ 1t
stion In the markets OF the world" Of II
,ater value than the home market we
rrender; that will give Increased work Il
foreign workmen upon products to be =
lsumed by our people without atm1n- "
+ ban IL. I.