The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-01-14
based on the experience Of all the civilized
nations of the world.
vODSsT pARATyzF TRADE

Ud9cQ on Jne experience OF dAl TIC NAN4AlECu
nations of the world.
WONT PARALYZE TRADE.
Gentlemen here had said that the re
duction of the tariff would paralyze trade
and destroy the Industries of the country.
He denied it on the contrary, he asserted
that il would increase trade, would In
crease consumption. enlarge our markets,
and would not only increase the revenues
of the government, but would also In
crease the opportunities Of the people to
earn the money they need tor existence.
Democratic applause.
MIR. Cochran challenged a remark made
by Mr.. Dingley, which that gentleman re-
peated. that if there should be an in
crease of imports by S250,0OO, 900 Of such
goods as we ought TO produce for our
selves, that fact would decrease the pro
duction of this country TO the extent Of
$3.50, 100000, and carry put Of the country
the difference in gold"
Mr.. Cochran held this to be an absurd
ity, and asked ION what basis can we
expect to carry on trade, on his theory Of
prosperity that it is better to get money
from abroad than to get goods The gen
tleman from Maine thinks that If we
have a tribute of $3.50, eco. 600 in money we
are better off than if we have q tribute of
$3.50, 10000 in goods. Am I right in
thatl''
MADE DINGLEY UNEASY.
Mr.. Dingley made no reply until Mr..
Cochran pressed him, when Mr.. Dingley
said Il suppose the gentleman is aware
that we often purchase things and get
into debt for them instead of paying tor
them. There is a balance which may be
against the individual. His purchases
are not necessarily paid for at the time
and so with the purchases of a nation.
My proposition is simply this: that any,
any A pause hailed with laughter from
the democratic side any policy that
leads 70 the importation of goods such as
we ought to produce ourselves deprives
our labor of the opportunities Of making
these goods, and inevitably tends TO re-
duce the opportunities for labor in this
country, and tends to produce the evil of
which / spoke in my speech
AT this point Mr. Walker, rep, Of Mas
sachusetts rose and asked if Mr.. Cochran
would yield to him.
Eyes, of course. " said Mr.. Cochran. Gin
order TO promote the gayety of the discus
sion" Laughter and applause.
WALKER ASKS A QUESTION.
81 wish to ask the gentleman" Mr.
Walker went on, whether he think that
if every dollars worth of cotton or
wooden goods used in this country were
sent in from broad and given away for
nothing, the gift would be an advantage
TO this country
Mr.. Cochran professed to not under
stand this question.
''Then will repeat" said Mr. Walker
''My point is that if an absolute gift were
made to this country OF all the cotton
goods, or all the wooden goods consumed
in it, thus shutting up our mills, and stop
ping the circulation of money, 1t would be
the greatest curse that | can conceive Of. !"
MASSACHUSETTS WOULD SUBMIT.
~ think it is a curse" said Mr.. Cock
would cheerfully submit to- Democratic
laughter. am speaking about importa-
tions, and the very basis Of my remarks
and my theory is that all importa tions
must be paid for, and that there is no
element of charity in trade, whether 1t be
trade with foreign nations or among our
selves, or between employer and laborer.
And it is well that there should not be-
If I understand the theory Of the
gentleman from Maine (Mr. Dingley)
an importation of $3.50, 600 COO of goods
which we could manufacture ourselves
would be a startling event pregnant with
mischief and dangerous to the prosperity
of the country, while he seems to look on
the importation of money as something
which indicates great prosperityand hap
Ply condition of the country. / venture to
state that, as between the importation of
money and the importation of goods, /
would rather, for general prosperity, have
an importation Of goods. Democratic
applause