The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1892-12-02
LOSS OF FOREIGN TRADE DURING
CLEVELAND's ADMINISTRATION.

To the Editor OF tie Eagle.
In the reports OF Commerce and
Navigation. published by the bureau
of statistics at Washington, on page 30
will be found statement of the exports
and imports of the United States from
the year 1874 to the year 1891. An ex-
animation of this table shows a very
great falling off in our foreign trade
during the years 1885, '66, '97 and IS
while Grover Cleveland was president of
the United States-as compared with
that of 1881, '82. 'S3 aud "a. while IN
der the administration of Garfield and
Arthur
During the years 1881. 80, 'S3 and 80,
our foreign trade was as follows: Ex-
norts, s., PIT, 272, 614; imports. 50, 75S, 1872
800; exports and imports, S5,975, 455, 423;
excess of exports, $3.50 069, sos.
In 1885, sc, 81 and IS, during Cleve-
lands administration, our foreign trade
was as follows: Exports, 50, 833, S52, 303;
imports, $2,629, $40, 347; exports and I'M
ports, So. 463, 092. $50; excess of exports,
500, 611, $50.
During tie years 1899 30, 81 and '92,
under Harrison administration. our for
eign trade was as follows: Exports,
So, SIS, 046, 495: imports, $3,206, 749, 541;
exports and imports, Sc, 72l, 1876, 036; eX-
Cess of exports, $308. 296, 954.
1t will be seen by a careful examina-
ton of these figures that during the four
years of Cleveland's administration our
exports were 1888, APO, 311 less than they
were during the four years of Garfield
and Arthur's administration. Our i'm
ports were 1928. 942, 462 less; our total
exports aud imports were S512, 1862, 773
less. The excess of exports over imports
was $254, 367, $40 less.
On the other hand during the four
years of Harrison'5 administration our
exports have increased over those under
Cleveland's administration 1851, 1874, 1872;
our imports have increased $577, 500, 1914;
The total exports and imports have in
creased 81, 258, 703, 1856, and the excess of
exports over imports has Increased S1O3,-
$751; 99S.
The most important item in cOnnec-
ton with these facts is that during the
two years that the Mckinley bill has
been III operation, our exports and i'm
ports, and our total foreign trade have
been larger than in any years in the
previous history OF the country, and
during the last year they have increased
/ very largely over all previous years.
| These figures completely refute the state
ments made by tariff reformers and
free traders that high tariff on for
eign products has a tendency TO decrease
our trade with foreign countries. On
the contrary. it stimulates and increases
that trade. The reason of this is, that
it stimulates home industries, and when
home Industries are increased, our peO-
pie receive higher wages, they have more
money to spend fo- both domestic and
foreign products, and trade Is mate
rally improved on that account.
During the four years of Harrison's
administration, and particularly since
the Mckinley bill was passed, confidence
has been thoroughly restored; money has
been plenty and has gone actively into
business enterprises; while, during Cieve-
lands administration, business men had
little or no confidence to invest their
money. There was plenty OF money,
but it was locked up and hard to get hold
Of because the owners had not conf
dence to put it in business enterprises.
As a result of the recent election the
country is again drifting into doubt and
uncertainty, and confidence will be again
destroyed and will not be restored until
the policy of the administration Is def
ritely known.
DR.. L. Z. MILLER,
New York.