The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1893-11-03
TRUTHS.
A Protectionist Organ Gives y Wonderful
Example


Example.
Our manufacturers. especially thos'
well shielded by tariff walls, form
trusts which exact the highest possible
price from the American
while they continue 10 sell their good,
at far lower prices to unprotected for
eigners. This is true in regard To agri
cultural implements. cartridges, sew
ing machines, typc-writers, saws. axe.
n many other kinds of hard DWARF and
tools. 1t is plain that in such cases the
tariff becomes what the New York Tri
bune calls ian instrument of extor
ton The American Economist, the
chief priest Of high protection which
swallows its Bible whole. finds soph'
istry thin enough to justify even this
high-handed proceeding of the tariff
fondled trusts. 1t has "A column en-
titled Tariff Quiz" in which it OK.
pounds the great economic principles
underlying Mckinleyism We extract
the following clear and lucid explana-
ton of this iniquitous tariff phenome-
ma from its issue of September 30
mo. T. IL you manufacture goods in
this country and send them abroad and
undersell foreign manufactures in for
eign markets. what good. in such cases,
does protection DOT. :. Owen, Cor
respondent American Protective Tariff
League, Lebanon, o.. Sept. s. 1898.
1T has been claimed BY the party OF
free trade that protection prevents
American manufacturers from shipping
American goods to foreign countries
and competing with foreign m~anufact-
ures in foreign markets. Protection
does increase the price Of goods. which
is checked by domestic competition.
but the object Of protection is to ena-
Bile our -wage-earners to find a good and
constant employment at wages better
than the average rate paid for foreign
labor. Protection, in such cases as
our correspondent refers to. enables us
not only to keep the foreign goods ont
of our markets. but also enables us to
enter the foreign markets and there
compete with foreign goods, while at
h same time affording more work for
our wage earners at better rates of
wages than are paid to foreign labor
ers- Protection enables more indus
tries. thus creating more demand for
the products Of each and enabling fact
cries TO run on full time, which cheap
ems the cost Of product"
Any simple wayfaring man who be-
lieves in protection land such are usu-
ally simple enough to be caught on tin
hooks without bait ought surely to
feel secure in his position after reading
and studying this explanation. Sup
pose he analyses il to extract from it
a. many simple truths as is possible:
Protection does increase the price of
goods
1t also cheapens the the cost of the
product.
1t increases prices that wages may be
higher.
1t cheapens cost to enable more in
dustries-"
1t keeps foreign goods out Of our mar
kets-
1t also enables us to enter foreign
markets and there compete with for
sign goods
Corollaries to above are:
Protection increases prices At home
70 raise wages, but higher wages causes
cheaper o. Of production and thus
II enables us to sell cheap in foreign
markets.
This cheapness causes more demand
for our products and enables factories
10 run on full time. Therefore, pro-
lection not only protects our dear
labor from the cheap labor of Europe,
by preventing our markets from being
inundated with cheap foreign goods,
but it enables dear-labor goods TO un-
dersell ch~eap-labor goods in their
own markets. In time, then, pro-
lection will deprive foreigners of
both our and their markets and leave
them with nothing to do bu. to pay our
tariff taxes and to consume Il protec-
ton goods.
Verify protection Of the Mckinley
tax-the-foreigner brand, is the greatest
economic discovery on record. 1t will
not only upbuild the industries OF the
nation that adopts il and bring high
wages, prosperity. exemption from tax
alton, and good luck to all hat abide
therein. but it will strike terror into
foreign industries and enemies and. at
last, wipe them from off the face Of the
earth.
O, thou great and mighty Mckinley,
who hast discovered this law of eco
nomic universe whose application
brings peace and good will to alex
cept those unfortunates not under its
wings-to thee will we sing
sonps of praise forever and ever.
BYRON w. HoLr.