The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1892-09-07

s0,OUJ and will add TO our naval reserve six
steamships--tno fastest upon the seas
Policy Of Reciprocfty.
Another measure furnishing an Increased
ocean traffic Tor or ships and Of great and
permanent benefit to the farmers and manu-
factaiers as we'll Is thereciprocity policy de-
clared by section OF the tariff act OF 1870 and
now In practical operation with five Of the ma
fious Of Central and South America. San Do-
Jlin4o, the British West Indies and Germany
ana Austria, under ape iai trade arrange
ments with each. The removal Of the duty on
sugar and the cont snuance of coffee and tea
upon the free list, willis givins great relief 70
our own people BY cheapening articles used
increasingly IN every household, was also OF
such enormous advantage to the couiatries ex-
portinz these articles as to suggest that in
consideration thereaf reciprocal favors should
be shown - their tariffs to articles exported
by rs TO their markets.
Credit to Mr.. Blaine.
Great credit liz due to Mr. Blaine for the
vigor with which he pressed this view upon
the country. We have only begun to realize
the benefit af these trade arrangements. The
WORK Of creating new agencies and Of adapt
Ing our goods 10 new ma krts has necessarily
taken time, but the results already attained
are such, am sure, as 10 establish In popular
favor the policy of reciprocal trade. based
upan the fsee importation Of such articles as
DO not injuriously compete with the products
OF our farms. mines or factories. in exchange
Tor the free or favored introduction Of our
produce into other countries.
Greatly Increased Foreign Trade.
The obvious effect OF this policy In increasing
the foreign trade of the United States at once
attracted the attention and alarmed Euro
pean trade journals and boards OF trade. The
British board OF trade has presented TO thai
Eovernmenf memorial asking for the APP
pointment OF q commission to consider the
best means OF counteracting what IL called
The CONNER ial Crusade Of the United
States" At o meeting held In March last Of
the associated chambers OF Great Britain the
presidents reported that tho exports from
Great Britain 70 the Latin American countries
during the last year had decreased $z3. s50,e ,e0D.
and that this was not due TO temporary causes
but directly TO tie reciprocity policy OF the
United States Germany and Frsnce have also
showed their startled apprehension OF the fact
that new and vigorous contestant has APP
peared in the battlefield. and has already se-
cured important advantages.
The Most Convincing Evidence
OF the tremendous commercial strength Of our
position is found In the fact that Great Britain
and spain nave found ii necessary To make
reciprocal trade agreements with us for their
West Indies, and that Germany and Austria
M6sc given US Important c0aGebSiOn4 IN OK
change for the continued free importation of
their best sugar. "A few details only as to the
increase OF our trade can be given here. TAX
Ing all the countries with which such arrange
ments have been made. our trade to June 20
lSsE. had increased 81. rs per cent. With Brazil
the increase was nearly Ii per cent; with Cuba,
during the first ten months. our exports In
creased 1873 or SA.eS per cent. and Porto
Rico a per cent.
n. ..a< - D. y.
Partly by reason Of the reciprocal trade
agreement. but moro largely by reason of ths
removal OF ths sanitary restrictions upon
Germany increased during the ten months
June 3, last .'c5,J7A or about - per cent.
The British Trade Journa, of London. I'm re-
cent issue. speaking 6f the increase Of Ameri-
can coal exports and Of the falling on Of the
English coal exports TO Cuba. says:
1T Is another cass OF American competition.
The United States now supplies Cuba with
about ns,U0 tons OF coal annually and there is
every prospect OF this trade Increasing as the
forests Of the island become exhausted and
the use Of steam machinery on the sugar
estates ID developed"
Protection Approved.
The declaration Of the platform In favor of
the American doctrine OF protection meets my
most ne rty approval. The convention did
MT adopt schedule. but principle that is
to control al tl1s tariff schedules. There may
be differences OF opinion among protectionists
as TO the rate upo.i particular articles neces-
sary TO effect an equalization between condi-
tions abroad and at home. In some remote
national campaigns the Issue has been made
TO appear bct .een high and low protective
tarih, both parties expressing some solicitious
regard for The wages OF our working people
and or the prosperity Of our domestic indus
tries but under u more courageous lcadership
the Democratic party has now practically de-
c.Afed that, 4 gwen power. it will enact .
tariHlaw " thoul any regard 70 It's effect upon
wages Or upon the capital invested In our great
industries
A Democrattc Admission.
The majority report OF tho COMMITTEES on
platform 10 the Democratic national conyen-
tion at Chicago cont aims this claase:
That when custom house taxation 10 levied
upon articles or any kind produced In this
couatry the difference between the cost of
laDor here and abroad. when such difference
exi Is, fully measures any possible benefit To
the laborers end the enormous additional Inn
position Of. existing tarif fall with crushing
force upon our farmers and workingmen."
Here We have distinct admission OF the
Democratic convention that American work
ingmen Ere advanced by tariff rate equal to
the difference between home and foreign
wages and dee iaration only against the al
legged Traditional imposition of the exiAtine
tariff law.
Eject or the TarIn Law.
And NOW few words in regard to the exist-
ing tariff law. We .ro fortunately able X,
judge of It's inhuente ulon production
and prices b. marxet reports. The day 81 the
calamity propAet has been succeeded BY thai
Of the trade reporter. An examination into
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