The Coconino weekly sun., 1894-03-01
THE HOME MARKET.
Ex-speaker Reeds Figures m the Tader
 situation.


 situation. a
 The democrats say that the Wilson bill will enable American manufactur- CTS to compete successfully with other manufacturing nations in foreign markets. But that bill which is to stimulate the exportation of American goods will by the admission of the democrats themselves stimulate the importation of foreign goods. If it is to produce the revenue which they say it will the importations of competi- tive goods will be so increased that millions of dollars worth of American made products will no longer find a market here If one is to be found for them it will have to be abroad. The American manufacturers whipped in their own country will have to defeat their victors in some neutral country.
 In order to reconcile tbe people to this transfer of the home market from Americans to foreigners, the democrats seek to minimize its value. They talk of it's limited power to consume, as compared with that of the great out side world. Is the American market such petty one, then? Read what ex-Speaker Reed had to say on the sub ject:
 That Tn this country all the workers have been getting better wages than elsewhere is the very reason why our market is the best in the world and why all nations of the world are trying to break into 1t We do not appreciate the nature of our market ourselves
 We are nomin ally 70 900, GOO people. That is what we are in mere numbers. But as 0 market for manufactures and choice foods we arc poten- italy 200 900 900 as compared with the next best nation on the globe. Nor is this difficult to prove Whenever an Englishman earns Sl an American earns SL60 l speak within bounds. Both can get the food that keeps body and soul together and the shelter which the body must have for 60 cents Take O cents from Sl and you have 70 cents left Take that same 60 cents l from s1 60 and you have Sl left just two and a half times us much.
 "That surplus can be spent in choice foods, in | house furnishings fin fine clothes and all the l comforts Of life-in word, in the products oi our manufactories That makes our popula | ton as consumers of products, as compared | with the English population POO 00O,OOO Theil | population is S7,000,0J0 as consumers of prod | ucts which one century ago were pure luxuries while our population is equivalent to 2OOOOC,OO0 If this is our comparison with England | what is the comparison with tho rest of tht | world, whose markets our committee are sC | eager to have in exchange for our own? Mul hall gives certain statistics which will serve tC make the comparison clear. On page 365 of hi. | Dictionary of Statistics he says the total year | ly product of the manufactorics Of the worl( are 4,4T4, 900 pounds, of which the United States produces ,443,O0J 900 poutds.
 I've produce one-third and the rest of th' world, England included, two-thirds The pop | all of ha ya of Nyb Nr1 have T0 0oO which leaves ,430 00o 900 for thu rest of mankind. We use all our manufacture or the equivalent of them Hence we are equa to one.half the whole globe outside of ourselves | England included, and compared as a mnrSe with the rest of the world our population i equal to 7l5, OOO,U0o.
 q repeat, as compared with England itself a a market our people are equivalent to 2OO,Oo), 900 As compared with tho rest Of the world England included, we are equal as a market | 7i5,OOOO0l These figures more than justify th Ldjectives of the Englishman, and the cold fact ofmathematics surpass the spasms Of rhetoric.
 No democrat has ventured to disput, the accuracy of Mir Reeds figures O to challenge the conclusions he draw from them. All they do is to say stol idly that the American market doe not amount to much and that it will b, a stroke of good business to neglect to reach out after Asia, Africa and tn islands of the sea
 But the business man, with MT Reeds figures before him, will see tha common sense dictates first and fore most the preservation of this grea Am erican market for Americans Whil it is theirs they cannot suffer, whatev CT happens If, retaining it, they cal also reach out and invade foreign mar kets, so much the better. But the es sential point is to keep what we hay and not to throw away the meat we have no matter how attractive the shadoy may be. Americans, if wise, will no sacrifice the custom of their own well paid citizens to compete with the Eu ropeans for the poor trade of oriental and Africans. Chicago Tribune.