The great West. [volume] (St. Paul, Minn.) 1889-18??, 1892-07-15
noted all overt the world for making
smart trades and good bargains?

noted all over the world for making
smart trades and good bargains?
The protective tariff goes on the tho
ory that a nation gets rich by keeping
out wealth. by sending out its products
and bringing nothing in. 1t assumes
that the more wealth you send out
and ttS less you bring in the richer
the country becomes; and gentlemen
quote here statistics showing that the
balance OF trade is in our favor;
that we sent out last year 120. 900. 600
worth OF products more than we
brought in; and it is argued that for
this reason we are getting rich.
Sir when l was down In Florida
little over year ago as stood on
the deck of steamer passing out
through the magnificent harbor OF
Pensacola l saw sixty-five ships in
that harbor. all except two flying a
foreign flag. l inquired of the col
lector OF the port. How many of
these vessels como into this port
laden9" He said. Not single one
enters this port with cargo; they
bring only ballast" Those vessels
were loading up with the productions
of the great state Of Florida; they
were preparing to carry out the wealth
OF the United States; but not single
one brought anything IN but old bal
last and dirt gathered from foreign
countries and unloaded over at Quar-
antine Island. Now. how does such
a business benefit this nation? Every
ship taking out a cargo was forced to
charge double freight because she
brought no cargo in. How did that
benefit the country? Why should we
be sending out our wealth and bring
ing nothing in?
The gentleman from Michigan
(Mr Burrows). in one OF the eloquent
passages of his magnificent speech in
favor of the tariff referred to the
great nation of Holland. that built a
dixie around the country in order to
keep out her enemy, the ocean. AS
the ocean. roaring in frcnt of that
dixie and trying to reclaim the realm
that man had won from her. is re-
garded as an enemy to mankind. so
the gentleman assumed that the goods
the people of the foreign nations of
the world would flock to US with would
be a great injury to u.s. l tell you
gentlemen. that if foreign nations
want to flood us with goods-if they
want to give US good things and to
let my part ofthe people have good
things l am perfectly willing to tear
down the bikes and everything else
that stands in the way.
Mr.. Joseph d. Taylor-Will the
gentleman yield for a question?
Mr.. Simpson-CertainIy.
MIR. Joseph D. Taylor--If they car
ry out our cotton have not they
something to bring back in return?
Now. if they do not bring goods.
must they not bring gold; and is not
that just as good for us as anything
else? That is brought back in return
for the cotton.
Mr.. Simpson-Ah. that is just a
very part of the protective tariff
scheme 1t is the old theory. They
first get a protective tariff and pre-
vent you from trading for goods OF
any kind by tining you fifty cents on
the dollar if you undertake to bring
them in. the object being to compel
you to trade for their gold on which
there is no tariff, and bring the coun-
try to the single standard. That is
one of the great efforts OF the great
gold monopoly of the country. You
will be compelled under this law, to
trade for this commodity which the
monopoly controls. gold. and that is
a part of the hard money scheme
which has been worked in this coun-
try for so many years my friend from
Ohio. Mr.. Taylor. Has the gentle
man another question? Laughter.
MIR. Joseph D. Taylor-Yes. sir.
Mr.. Simpson-Very well; what is it?
Mr.. Joseph D. Taylor-Why. you
have not answered the question
asked you yet say if they carry a
cargo of cotton abroad, is it not true
that they must bring back some
equivalent?
Mr.. Simpson-If they carry out a
load Of cotton and trade it OF for a
lot Of silk. that some of our people
here use oc asionally. and of which
we produce but little. but which some
Of our people want they will fine the
man 80 cents On every dollar worth
of silk he brings back in return for
his cotton. Is he making a good
trade under such circumstances
What can he trade his load of wheat
or his load of cotton or his load OF
corn off for. upon which he will not
be fined as he brings it into the coun-
try?
Mr.. Joseph D. Taylor if you
can raise the goods here out of our
own lands and make them by our own
labor are we not in a better condi-
ton than to purchase them from
abroad?
Mr.. Simpson-But it so happens
that this Is an agricultural country.
1t so happens that we havo a very
large agricultural surplus here that
must seek market somewhere be-
cause of the inability of consumers in
our own manufacturing districts to
purchase what they need. The Sec
rotary of agriculture in his report a
wear or so ago said that If the con-