The herald-advance. (Milbank, S.D.) 1890-1922, 1894-08-03
F1oNAL LEDGER.
xoRk neRALD's DEL'6eH'
!" E.,.nc,AL DECEPTION.

NAQk nCNEN@
FINANCIAL DECEPTION.
ritter who Cannot Distinguish .a 30,
md Credits-A Nafional
D., ...o...d That Would Ruin
u.nnett-Editors. Beware.
- YORK Herald, which is now
:. =. the deliberate deception in
80 :. articles on political sub
!. M 1t one Of its writer's loose on
ii ledger. from which it I'm
,...on. !" II there is one sub
|. vhich Tho Herald editorial
!. =. more ialsehoods than upon
= =, = 4 IN its dealings with the
= ,odrer, !, and it is q mighty
s,no for The Herald that the
l' q it's editors are carefully ex-
..o,,, ;ts business department..
y l' remember the complete de-
y that came over the country
- n through the Sherman silver
The Herald said, but it was un-
- IN not discovering tho damna-
ssss - os that law during the unpre-
"a prosperity Of 1892. We all
|taa ridiculous prophecies for 9 re-
! pusperity Immediately the Sher-
tT was repealed. But that law
(en repealed for a year now. ana
ktoration Of prosperity has failed
[sria'jze. It was followed instead
distribution Of free clothing from
kerald's advertising fund to those
Eere freezing to death from actual
IS and want.
X we find the same apologist Tor
cleveland hard times sqnlrmlng
4 for another excuse because the
nrosperity promised by The Her
Ihen it induced the people to vote
Lee trade has not eventuated. In
Iony Of despair it has taken up the
tics Of our import and export trade,
ring the decrease in our imports Of
N goods, saying that from its (the
nj point Of view 1--WE did better
$50 and nearly as well 20 years
It then goes on:
10 better proof can be desired to
that the Mckinley tariff has had
ohibitive' effect upon importations
,as thus been q grand success in
ing, crippling and dwarfing our
national trade, which, in tho judg-
Of economists, is the chief factor
nations wealth and business pros
T."
the Mckinley tariff has
a "prohibitive effect upon i'm
tions. = This was intended, and
made the country so prosperous
1903. Our i, ational trade
lg those years was selther crippled
varied. 1t was much larger than
but if we read The Herald's our
IN the English, French and Ger
and more especially their
ing interests, because there was
oreign freight Offering to be car
n foreign bottoms at the expense
mericans, then we can understand
get for the "crippling and dwarf
But this cripple is a dwarf to the
wing palsied dccrepit:
ut they (protectionistsl ignore the
hat this Gmport) trade is indispen
to the extension Of our export
and also that the former is ~
source Of wealth rs the latter
England imports annually $3.50,
90 worth of raw cotton, out O
B she manufactures enough cottol
and yarns to supply the wants 0
wn people and to make a surplu
10000, 900 worth Of cotton goods
d she exports and sells in all part
9 world. Certainly in such case
ration does not mean ruin. "
proprietor Of The Herald, WIN
lyed abroad, should hasten to in
his stay at homes that Englan'
not grow cotton, hence is COMPEL
buy cotton just as she buys he
WOOL, not being large enough Q
% both produce and manufacture
hiding the latter branch Of trad
lore profitable. How much iron
much coal, how much salt, doe
and buy from us? These she has j
dance and is not compelled to bu
cotton she cannot get elsewher
must buy from us, and therefor
80 for her own immediate gain bt
she can make money by buying
and will sell it back to us in th
OF manufactured cotton goods
as the tariff has been lowered b
derald's political destructionists.
the United States we possess
dance every raw material excel
!, and there is no earthly reasc
8 to purchase abroad. but by OF
ctive tariff we prohibit the impo
Q OF foreign raw material In ord
American labor employed in worl
on our raw material may not
'elled to slave like Europeans
4fvnNN -