Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1894-02-09
MARKED CONTRASTS.
ahe Democratic Year of 1893 and the
Republican Year of 1892.

She Democratic Year of 1898 and the
Republican Year of 1892.
Tha past year will be notable one
IL the history of the United States,
says the Burlington Hawkeye. The
contrast between the Democratic year
OF 1893 and the Republican year of 1892
10 most marked. During the past year
the imports of merchandise were the
highest in the history of the country,
,eaching $500, 400, ,922. That means, Of
course, that we consumed more goods
that were manufactured in other ,un-
tries and less OF those made in our own
country. That is to say, we gave the
workingmen of Europe preference to
the workingmen of the United States.
That is the Democratic policy. But
this increased buying abroad had to be
paid for. There was nothing in the
world to prevent France, Germany,
England, and other countries buying
our wheat, and corn, and pork, and
other farm p olucts, but they were
not willing to buy any more than they
needed. AMI as they would not take
what We had to sell we had to pay for
our extravagant purchases abroad with
gold. This is another feature of the
Democratic policy.
The Populists ought especially to
note the fact that we do not pay our
foreign debts in silver or in our Iaper
money, but we had to pay it in our gold
coin because the other countries would
net take our deprecated silver, and if
they took our paper they insisted upon
its redemption in gold. So that when
the POpulists cooperate with the DEM
ocrats and favor free trade they are
creating IL contingency which discrim-
mates against silver, their favorite
coin.
The exports of gold reached $685.
Gso,s44, which is nearly 5000, 600 more
than in the year 1864. which up to last
year was our hlgh-water mark of gold
our factories and dcpriving our work.
ingmen Of opportunities to earn a live
lihcod, we are paying for our whistle
by sending abroad the best money we
have. Or the exports of god $3S,OOO,-
600 went to Germany, $32, 100000 to
France, $2l.0CO,OOJ to England, So, ,COO,-
0C0 to Canada and ST, 5Oc 900 to Cuba to
pay for sugar. OF course, after the
Democratic policy of repeating the
sugar bounty is carried out and the
home manufacture of beet and cane
sugar in any considerable quantities
ceases, We will send more money abroad
to pay for sugar made in Cuba and
Germany and Francs.
Meanwhile how has the farmer
danced to this kind of music? The
average export price for wheat was Sc.
less than it was ever before. In 1892,
under Republican administration, the
export price of wheat was 81 .O3 a bush
ell, the export price of barley was 48c.
against 63c the previous year. Corn
53c. against &c., rye Csc. against ESQ.,,
wheat flour $4.54 q barrel against 1896.
Our exports to Europe in 1893 fell off
over $l89,000,O 900: to Oceanica, over
$4,000 COO: to Asia, over $4,000, 600,
while to South America, with many OF
whose governments we have reciproci-
ty treaties they decreased only $4S3,-
600. This makes such q favorable
showing for the Republican reciprocity
plan that, of course, 1t is the Demo
cratic policy to repeal the reciprocity
treaties. Anything that helps this
country is to be wiped out; anything
that helps other countries is to be
fostered. That is the charming under.
lying principle of the present admin
istration and the party in power.