The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1892-09-29

The rev 9ssa4 ed - hssussA
IN 1890 the Democratic newspapers
and public speakers overnowed with pre-
dictions - 10 Whist the results Of the
Mckinley tariff woald be. They knew
TO certainty. They were cock sure Of
everything. They did not for Q minute
admit the possibility Of error. Il was
going 10 increase prices al along the
HnA Every domestic necessity was to
be enormously enhanced In value. It
was going 10 add many millions to the
revenues, increasing taxation In an
amount which would paralyxe the peo-
pie in all industrial endeavof. It was
going to ruth foreisn commerce and
blight home industries. These and
many other dresdful results Mere figured
out to . mathematical certainty. Not
one Of thoss predictions has been veri-
6ed. NOT ONE. Il would be impossible
for any person 10 name single article
Of domestic manufacture Of common use
that has been increased by the McKin-
ley tariff, With the possible exception Of
pearl buttons, while any one cSt name .
dozen that have been cheapened by IT,
So completely has II disproved all that
was urged In advance against It and 20
entirely successful is the law in all It
was intended to accomplish, that It il no
longer an issue between the parties.
The Mckinley bill has been In com.
plete operation for full year. Its effects
are not now open TO speculation. They
are ascertained and fastened indelibly in
the figures Of the Government returns.
Nobody can be permitted now to say
what the Mckinley bill viii do. He
must confront what It has done.
If he lied about it In 1890, az the aver
age Democratic editor or speaker did, he
must withdraw his falsehoods or have
them choked down his throat The Nc
Kinley bill, it's author, and the party
that enacted It into Q law, are now ready
to stand up before the country and be
Judged by the proved, undeniable and
t1nalterable facts. Its enemies must 90
oept the same test
During the whole Of the fiscal year
ending June 8Oth, 1890, the old tariff Of
1883 was in operation. The Mckinley
tariff, enacted In October, 1890, came
wholly into operation on July list, 1891,
and thus the fiscal year ending on June
80th, 1892, passed under the operation of
the new law. Comparing the official
records Of the Treasury Department. for
the fiscal year 1890 with those for the
fiscal year 1899, these results are shown
to be as follows.
The revenue has been reduced $751;.
8e7, $50.
There has been an increase In the total
value Of our foreign commerce Of $780,
640,510. or an increase over the annual
average Of the ten years before 1891 of
$4O0, ,85T ,5s4
Our exports IN 1899, for the first time
In our history, exceeded q BILLION DOL.
LARS, being 1880, ,S78, ,080 They were
el79, 449, $40 more than in 1890, and were
$285, ,6S8 more than the average
annual value for the preceding ten
years.
The increase In our exports Of cotton
was q, ,492, 40, or SSe, ,770, o1e over the
annual average Tor ten years prior to
1891.
Our exports Of breadstuffs Of 1885,
exceeded those of 1890 by the sum Of
3144, ,48f, 100. They exceeded the annual
average Of the ten years prior to 1891 by
e1s1 zoe, ,aA.
Our exports Of provisions in 1892
exceeded those Of 1890 by $4,0e7, ,853, and
the average ANNUAL value for the ter
years prior to 1891 by the sum of $e7,'
a0S, ,482.
Our exports Of cattle, sheep and
hogs In 1892 exceeded those Of 1890 by
&,211, ,031. This was greater by $780,.
288, OH than the average annual value oi
such exports during the ten years before
1891
The combined value Of our exports of
cotton, breadstuffs, provisions. cattle,
sheep and hogs, all olassed as agricul-
tura1 products Of 1899, exceeded these
exports Of 1890, by the sum of $159, ,28S,.
828. The bulk Of this vast treasure went
into the pockets Of our farmers and Ii
the largest return ever made for thei,
labor In any year sinoe the organisation
Of our Government. They exceeded the
average animal value Of such export.
during the ten ysazs PRIOR TO 1891 BY
os16, ,965, $50.
Our exports Of al other product,
IN 1899 eSceeded thess of 1890 by $11,
1ee,8 This was IN excess over the
annual average value Of such exports o.
the decade prior to 1891 Of 40, 40, ,O8S.
Our exports Of manufactures In 1870,
wSeS 4, ,464, ,S6J IN exeeas Of like exports
n 1880. The excess was t8o. .oOo, ,994 ovel
ths average annual value Of the previouI
ten years. Thus considerably more
manufactured goods wore SOLD. Th'
balance oe trads was also largely In ou
favor. ~
In 1es2 the value of our imports wa
greater by $S8, ,0ol, ,164 than our import
In 1890. This was moro than the aver