The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1892-11-07
THE FINAL ISSUE
This is the Last Day in Which to Con-
slider the Subject.
NOW LET US REASON TOGETHER.
Take for Instance the Matter of For
eign Prices of Our Implements.
NOW LET US REASON TOGETHER.
Take for Instance the Matter of For.
eign Prices of Our Implements.
THE LITTLE E CUss LIED, THAT'S ALL
Hobby ofgthe Anything to Beat
, Harrison Party Fully and
Plainly Discussed.

The free-trade, tariff-for- or-revenue-only
tariff for revenue -with-incidental-pr
lection, peoples party, anything -to-beat
Harrison democrat, has undertaken
during this campaign, to answer the
claim of republican protectionists thai
American industries need protection il
order to succeed, by the bare declaration
that American-made agricultural ma
chinery and implements, by reason O.
the protective tariff, are sold in South
America and even in Australia at a less
retail price than at the door of the fac
tory here. This old argument 60 has
been answered too many times to re-
quire an answer now, and yet, like all
other fakes, it always finds takers.
In the first place, the true answer to
their claim is like the answer to the
conundrum: ga farmer had twelve
horses and stable containing eleven
stalls with no room for more. He
ordered his boy to put the horses in the
stable, and when the boy reported that
he had obeyed orders the farmer said
You must have put two horses in one
stall?' No SIR was the boys answer,
I put all the horses in the stable, and
no two in the same STALL s" The an
swer is: "The little cuss lied.''
Like all lies this declaration of our
democratic what-is-it, is all the more a
lie because it contains grain of truth
1t is undoubtedly true that American
manufactured goods have been sold in
foreign markets at less price than they
could be purchased for at home, and a
moments consideration of the condi-
tions of trade in foreign markets makes
it perfectly plain that this is in no way
the result of protective tariff, and
would be the same under free trade
policy.
First, the character of agricultural i'm
plements required by the trade of some
of the countries of South America is
cheaper than required by the trade in
this country; plows which an American
farmer would not have on his farm find
ready sale in Brazil; if you ask an Am
erican manufacturer why it is that goods
bearing his trade mark are sold there for
less than he sells them at home, he will
tell you that he is compelled to furnish
that trade a class of goods which he
would not dare to put upon the
market of the United States. The goods
resemble and bear the mark of the goods
sold here, but are made of culled ma
terial and if sold here would soon drive
from the market the makers goods. This
is more true of smaller implements than
of harvesting machinery, lbut this fact
also has something to do with reapers
and threshers.
Secondly, the gross profit of middle
men in this country in the class of goods |
included under the term agricultural
and machinery" is greater
than in any other class of goods; and the |
reason for this exists in the method of |
their business. Few goods of this kind
are sold for cash. Dealers expect to
carry their purchasers paper from year
TO year, and the risks of the trade are |
therefore greater and the length of time |
their capital is tied up is greater. If they |
exercise good judgment in the taking of |
paper their net profits are generally |
arge; whereas, if they are unfortunate
IN this respect their losses are heavy and |
their net profits are small. |
The foreign middle dealer, being beyond |
,he usual agencies for the collection of |
lebts receives little assistance from the
in the way of credit. He
pays cash for his goods and must sell for
ash The rieka of tho trade aro 4ba,,
ore removed and he can afford to sell for
less gross profit than in the case of the
home dealer.
Under free trade the same conditions
would exist and the same results would
ollow.
Thirdly, while the prices in the United
tates are in one respect independent of
in that each manufacturers