The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1894-09-21
THosr MARKgrs 81 4AgwoRLp

THOSE MARKETS or THEwoRLD
Figures which DemonstrAte the4Falsity Or
Another Free Trade Argument
x The renewal Of the free trade party,s
destructive free raw material wnr cry
against American industries naturally
calls to mind their old theory 81 the
markets Of the world, and how great 4
( 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 70 the last
census returns, amounted IN value 70
s. oS4.4Ss, ss7, of which we exported TO
the value OF s151, Joe. $40, leaving s.. eOs;-
1890 worth OF American manufac.
tured goods consumed Ut home, as fol.
lows:
AMERICAN MANUFACTURED
Total United States manufactures
2............:. ..s.sstl sfSs25I
Total exported. lssO iSl,ioss5e
Total home consumption, 1870 500. sssssr
In the same way we must deal with
our farm products, the total value Of
which during 1850, consumed in 1890,
was 8, 400. 1OT,454. We exported 10 the
extent Of S532.141, 400. leaving Ameri-
can farm products worth Lot 90, 1904
consumed by Americans Thus:
ANERfcAs R4RN PRoDUcra
Total farm products 1859. e 40 -
Total exported 1883 .............,... aS2,til.fg1
Total home consumption. 1890. 81 ,a7,ecseet
We see that the American people con-
,E,.. Il -
and farm products in 1890 to the extent
of SIC, ssl, 2os, 025, To this we must add
the value Of the foreign goods entered
for consumption through our customs
department, which amounted to s773,-
674,sla in 1890, thereby getting the fol-
lowing aggregate value of the entire
AMERICAN CONSUMPTION Is 1890
American manufactures ............ @ zoo 3s2ssf
American farm products. ...... l92t 5,eGf
Foreign goods. 77S.eI4sl2
Total American consumption. .sii, oOl.sTs;7sT
Against this aggregate consumption,
of goods in the United States, worth
sl1,GOi,s 73.737 in the year 1890, or
st7s.5e for every man, woman and
child of population of 65, 900, 900 per-
SONS, what are the great markets of
the world that we may expect to Sc
cure?
The markets OF the world comprise
only such goods as 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 t=adei as the demo-
cratic party would have us do. 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 1888, 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............ Sy5ao, 000000
This is less by over four billions Of
dollars than the total consumption OF
goods in the United States. Thus:
Total United States consumption,
Total Imports, all other countries,
United States market excess. sl.oss .s7s,7s7
The policy of the free trade party is
TO throw our American market worth
81, 6o4, 97s, 7s7 in 1seo-open to the com
petition Of the farmers and mannfae-s
turers of all other nations, while we
strive to secure their markets, all Of
which put together are worth 81, oss.-
973, 137 less than our own home market.
Is it not best to retain the good home
market that we already possess, also
to cease buying the s773,674.sl
worth offoreign goods 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 portion of the
smaller markets of the rest of the
world in open competition with the
cheap labor of Europe, of Asia, Of
Africa, of Canada, of Central and South
America, and of the savage labor of the
islands of the sea?
n is the policy of protection. But
TIE ree trade policy is to give our mar
kets to the cheap labor countries and to
compete with the cheap labor in their
smaller markets. We already consume
over four billion dollars worth of goods
more than they can buy from US. Letus
keep our ow7 trade first. Always vote
for protection.
..T1n.fTs