River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1894-10-04
THOSE MARKETS OF THE WORLD
Figures which demonstrate the FaIsity OF
Another Free Trade Argument

nCSG MAINE y OF TIE WOhEO
Figures which demonstrate the FaIsity 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
gain It viii be if 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
s9,054, 49,, 1877, of which we exported to
the value of s151, l02. $40. leaving IS, 9O3,.
532. 96l worth OF American manufac-
.ured goods consumed at home, as fol-
lows:
AMERICAN MANUFACTURES
Total United States manufactures,
$50 - ,01f 81, 81
Total exported, ios0. ................ 15i,fols'6
Total home consumption. 1879. $ .9a5. sss,aH
In the same way we must deal with
our farm products, the total value of
which during 1889, consumed in 1890,
was 81, 400, 1915. We exported to the
can farm products worth 81, or, 965, 96s
Consumed by Americans. Thus:
AMERICAN Farm PRODUCTS
Total farm products, 1883. g go iO7.45s
Total exported lSs' ......... 53si41. 40
Total home consumption, 1890. 81 .s27 1854
We see that the American people con-
sumed American manufactured goods
and farm products in 1890 TO the extent
of SO, 1881, POS. 995. To this we must add
the value of the foreign goods entered
for consumption through our customs
department, which amounted TO S773.-
674,sl in 1890, thereby getting the fol-
lowing aggregate value of the entire
AMERICAN CONSUMPTION N 1926.
American manufactures ........... s. 903. S3e 9ff
American farm products. ...... l92I-9 lS94
Foreign goods f1s,t74hIS
Total American consumption. .sI1 ,6Oi97s, 7s7
Against this aggregate consumption
of goods in the United States. worth
Sl1, 604, 973, 737 in the year 1890, or
Suisse for every man. woman and
child of a population of 65,OO0O00 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 tie
different countries of the world. be-
cause we cannot claim to suppl them
with what they already manufacture
or grow in their own countries. unless
they propose free trade 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 'hadow.
We find, from the American Almanac
of 1ssS, 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 ...-...-..- s. 5d9,O 100000
This is less by over four billions of
dollars than the total consumption of
goods in the United States. Thus:
Total United States consumption,
1890. ...........-.-.......- sll 60i.973,7S7
Total imports. al other countries,
United States market excess. sioS5. 97S7$7
The policy of the free trade party is
to throw our American market-worth
s11 .604, 973, 737 in 1s9O-open to 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 81, O35,-
073, 737 less than our own home market.
Is il not best to retain the good home
market that we already possess, also
striving to cease buying the S773, GA, s12
worth of foreign 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 AMI take
chances in securing n 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?
Such is the policy of protection. But
the free trade policy is to give our mar
llets 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 Let us
keep our own trade first. Always vote
for protection.