The Forrest City times., 1894-10-12

day. that in the past we had been Dultoihk uP our tariff to keep them ont Of the American markets and now we are tearing down the tarin to let us out into their and all the other mar kets of the world. And said to them not oniy in the great products of agriculture not only m our wheat. corn, cotton. beef and meat proo- ucts but in the products Of our manufactures they might henceforth find us competing witn them in all the markets that they sought
 Thirty years ago we began to shut ourselves in from all markets of the world. thirty years ago we called the American merchant m rom or the seas and surrendered the oceans to England and other nations to traverse them with their ships.
 The manufacturing supremacy Of the world will soon come under competition Of modern times and will pass to whatever country mas the largest and cheapest supply Of the great materials of industry, and can distribute them best business methods We have to-day so far as the two fundamental materials or ln- dustry are concerned, coal and iron ore, su, premacy which no other country in the world can dispute or approach.
 WONDERFUL RESOURCES.
 By the assemblage of these materials close together in Alabama we manufacture foundry pig iron cheaper than in Belgium or England or elsewhere in the world By the use of modern appliances for mining, the steam shovel, etc.. can gather up the ore that lies near the surface on the shores ol tne great lakes, carry it by waste transportation 10 the cities of the east and produce Bessemer pig and steel rails and other products cheaper than England and Belgium.
 If under these conditions if with these bounties of providence in this new country; If with our skill for inventing and adopting the inventions of the world; if with our cheaper transportation; if with the buoyant enterprise Of people developing a new country, We are hereafter to lag in production. It Will De pe- cause we decline to rise to the opportunities providence has bestowed upon
 We are told by .our protection opponents that our attempt to get outside of the United states and sell against other people, or to let other people come inside of the United states to sell against us, means a degradation of labor and diminution of wages of the American workingman Does not every farmer in this country know that for the price of every bushel Of wheat in his own market he must look to the markets Of England, where wheat Is sold in competition with the cheapest agriculture labor Of the world.
 The farmer in Dakota pays ten times as much for his labor as the farmer in India The farmer in Jefferson county pays five to seven times as much as the farmer of Austria and Hungaria and Russia, but he has to put down his wheat in England side by side with Russia, India and Austria. From the very be- ginning of our exportation of cereals we had this competition and that is the way with our manufactured products.
 We are able to sell our clocks and watches cheaper to the railroads of India because we can make watches cheaper at Waltham and Elgin than in Switzerland or England. We are able to sell locomotives to all the nations of the world because make them with high priced skilled labor cheaper than any other country can with it's cheaper labor, and yet we have been told this phrase. The Markets of the World, means nothing, and is empty delusion, and that there Is no market in the world which can compare with the American market to the American people
 THE HoxE MARKET.
 Of course there is great deal in that the home market to every people is the large mar ket. Three-fourths of all produced by people Is consumed where they are produced. It is not that we mean to Surrender out and sell in competition implies our ability to stay at home and sell in com- petition with the same people. And yet, fell low citizens, let us never lose sight of the fact that if we are to sell our products we must take in exchange for them the products of the people to whom we sell
 There Is no such thing as q One-sided trade between nations It is the interchange of products for products; when we keep out the price, and the only price that other countries can pay for what we produce, we kill our trade. For four years past we have been selling to En- gland 300 000,0JU BOO 0dO 600 worth of things more than we bought, and large part of our people have thought 1t patriotic duty to abuse her for taking all these things from us. For years past she has bought from us B. GOO or f3,0Oc,00o more than we have brought from her Has she paid us in money?
 It was the most surprising thing about En- gland-as walked down by the Bank of En- gland and those other banking institutions which have branches in South America. Inds Australia Africa and Canada-the most sur prising thing to me. say, was that the entire money of England is but little more than s700, 600 in our currency. If England under took to pay for what she buys we would have the whole of her money in three years on this side of the Atlantic.
 she exchanges as far as possible her pro- ducts; her tin plate and manufactured goods for our wheat, corn and other food products, and we buy coffee from Brazil we pay her by orders on England we buy tea, spices and silks from China and India settle for them by draft on the surplus which England owes us. If, therefore, we wish larger markets we must accept and seek larger importations to pay for what we send out.
 Why. fellow-citizens. suppose instead of in Sn ten or twenty years ago, the people of the Ar genuine confederation would not to-day be pressing you so strong in the wheat market of England. Theyowould be sending us the wool which we excluded from America, and receiv- ing from us in exchange for that wool such products as we make and they need Because we would not take their wool without a tax of at least 30 and more than 50 per cent; because we shut her out of these markets: because we prefer to make our people forego their neces- sary woolen cloth, and dress in shoddy, we have driven her from being good customer of ours to be dangerous competitor.
 THE NEW TARIFF BILL
 But, fellow-citizens, I shall not pursue this argument any further. l shall not go at any special length into the other issues of this campaign. It will be idle for me to say to an intelligent audience like this. that read the newspa pers. and follow with vigorous interest the coarse of public events, that l believe the tarin bill we passed in August measures up the whole duty of the democratic party to the American people.
 Yet, when l Sit down ana compare the bill. lamed and mangled as 1t was in it's passage, with the law in existence before 1t, see that 1t launches the people of this country upon new career, with their faces toward industrial prosperity, in place of the ever-deepening gloom and the ftful and receding waves of prosperity that came to us in spite of bad laws in the past am delighted to ind. as I fully expected to find, after month s absence from this country. the signs of reviying industry and returning prosperity all over the land.
 [ am eouallv delighted to find that prosper- ity is not coming back to us in a flood which would be but temporary and leave us again stranded in gloom but is rising with the slow, resistless rise of a tide that is to stay with us for many years in the future would not imply by what I have said that the long stress of hard times through