Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1894-09-29
THOSE MARKETsoF THE WORLD
yfEures which Demonstrates the Fal5ity OF
Another Free Trade Argument.

The renewal Of the free trade party's
destructive free raw material war cry
against American industries naturally
calls to mind their old theory of the
markets of the world, and how great a
gain it will be II we can only secure
them. Let us look into it.
The total manufactures of the United
States in 1890, according to the last
census returns, amounted in value to
. ,O54. 435, 937, of which we exported to
the value of s151, 102, $40, leaving 50, 90S,-
1872, 96l worth of American manufac-
tured goods consumed at home, as fol-
lows:
AMERICAN MANUFACTURED
Total United States manufactures,
1890. ................ .............A ,0o4 1898.
Total exported, 1890. ................ Isl 1885
Total home consumption, 1900. - ,9OS, 1922 Sl
In the same way we must deal with
our farm products, the total value OF
which during 1889, consumed i'll 1890,
was 81, AGO, l07, asa. We exported to the
extent Of 1892, 141, 400, leaving Ameri-
can farm products worth 1927, 065,06
consumed by Americans. Thus:
AMERICAN A PRODUCTS.
Total farm products, 1889. ...... ....S2i e0 lo5 -
Total exported, 1882 ............... 532'l4l'49)
Total home consumption, 1890. 1897 COS .96i
We see that the American people con-
sumed American manufactured goods
and farm products in 1890 to the extent
of $40, s3l, 29s, 925. To this we must add
the value of the foreign goods entered
for consumption through Il customs
department. which amounted to S573.-
ora, Sl2 in 1890, thereof getting the fol-
lowing aggregate ralue of the entire
AMERICAN CONSUMPTION IN 1890.
American manufacture ..... ...... g. 903, 1872 gel
American farm PRODUCTS. ...... W. pa' st
EC.elI n GOODS ..,.,. ,,,.,......... .'oioifsels
tal American consumption al Goa ,973, 737
Against this aggregate consumption
Of goods in the United States, worth
81. Goa, 913, 737 in the year 1890, or
Sl7s.52 for every man, woman and
child of a population Of ) 1000, 900 per-
sons, what are the great markets Of
the world that we may expect 10 Sc
cure?
The markets of the world comprise
only such goods az are imported by the
different countries of the world, be-
cause we cannot claim TO supply them
with what they already manufacture
or grow in their own countries, unless
they propose free trade as the demo
cratic party would have MS 10. They
are not so foolish. however. Other
countries prefer to retain what they
already possess rather than throw
away the substance for the shadow.
We find. from the American Almanac
Of 1855, that the total imports of all
other countries in the world at the lat
est date for which complete returns are
available were as follows:
TOTAL FOREIGN IMPORTS.
Europe. Asia. Africa. North and
South America, Australasia and
the Islands OF the sea ........... ST,5b9 ,OD),OO0
This is less by ove- four billions of
dollars than the total consumption of
goods in the United States. Thus:
Total United States consumption,
Total imports, oil other countries,
IeSs. ''o"'VOo'Voo
United States market excess. si,085, 973, 1877
The policy of the free trade party is
to throw our American market-worth
Sll. 604. 973, 737 in 1s9O-open 70 the COM
petition of the farmers and manufac-
turers of all other nations. while we
strive to secure their markets, all of
which put together are worth S4,035,-
973, 1877 less than our own home market.
Is 1t not best to retain the good home
market that we already possess also
striving to cease buying the S773,674,s SIP
worth offoreign goo IS that we consume
and TO produce these goods for our
selves, if we can, rather than to throw
away what we are sure of and take
chances in securing a portion of the
smaller markets of the rest of the
world in -open .cQmpetition. with the
! cheap LABOR OF Europe, OF Asia, o.
Africa, of Canada, of Central and South
America, and of the savage labor of the
islands of the sea?
Such is the policy of protection. But
the free trade policy is to give our mar
kets Il the cheap labor countries and 70
compete with the cheap labor in their
smaller markets. We already consume
over four billion dollars worth Of goods
more han they can buy from us. Let us
keep our own trade first. Always vote
for protection.