The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-04-24
OUR COSTLY TARIFF.
Its Disastrous Effect on the National
Finances.

The Washington City correspondent of
the Philadelphia Press. in connection with
recent advances by Sweden OF its import
duties on products which include many
Of the United States principal exports,
says:
Not a single nation has yet In any wise
responded TO the opening OF the markets
OF the United States 70 larger sales of
foreign goods by the lower duties of the
Wilson tariff, unless an increase In the
duties on American goods can be called a
response. The Argentine Republic cid
lower the duties on three or four articles.
but II made some increase on others. But
France, Belgium. Germany. Sweden and
other countries have increased the duties.
And nearly every day some consular re-
port comes in with the report OF IN
creased duties on American products.
The report OF imports and exports is
sued by the treasury department today
shows how this increase of duties abroad
IS opening foreign markets" to Ameri-
can products, as was promised by the
Democrats. The exports for March ag-
gregated $6i.Sl5001. For the correspond
Ing month last year the aggregate was
Slos01lO0. showing a loss of 5.7S2 4a3 IN
exports for that one month under the
wilson bill as compared with the Condi-
tons tHat existed year ago. For the
nine months Of the fiscal year the exports
were $>5.567 lf0 less than for the CORE
spending period IN the last fiscal year.
THAT IS the way the Wilson BIN Is open
Ing foreign markets
The imports tell SIN worse story For
I fAe month Of March there was an increase
in imports over the same month a year
/ aSo OF &'S,lN@ and for the nine months
or The fiscal year the imports have in
creased Ni655 4a Thus the Wilson bill
has opened our markets 10 foreigners TO
the extent OF So as. and has at the
same time closed foreign markets 10 our
( products "a the extent of SS', 80 Iss. max
irC total loss 70 the United States 80 It's
foreign trade Of $l4l,2@2 GO ia less than
nine months. The excess of exports for
THE month OF March a year ago was 81
l5lSis. while this year there IS an excess
or imports % St.iie ~. In February the
excess 0t imports was $sHS6 5Sl In March
/ this Increased to 81 sls >sl. showing an in
crease tn the excess az imports over ex-
ports Of over Sl-solss0 for March. as COM
parf3 With February Thls demonstrates
what has been pointed oGt So often Ia
these dispatr he~-that "a steady increa Se
iu the adverse balance of trade. Snch as
took. place under the Walker tarln hill
must ~ expected underline Wilson act And
soone~ or later this mus 10 met with an
expectation 90 gold or else hy the further
sale abroad q bonds
~ hlie there e this rapid Increase in
tao adverse balance Of trade there IS a
continuous increase tn the defc3t So far
tass month Il amounts % s. So asa and
f5r fhe fiscsl year 20 date Il amounts IN
80 So - National finances could hardly
+ l'e in a worse condition. & rapid Increase
in ere dcacit AMI a rapid increase in The
adverse balance ~ trade must very soon
bring the treasury 20 an extremely bad
condition 81 affairs. There IS nothing
in siEht 30 heiD IT, Tee incoyne FAX de-t-
slon has destroyed the 1ope % any very
rre8f a}t SIN the WRy ~ revenue from he
iurome TAX Ard tho expected large On.
Some from sugar has also largely VANISH
e. The imports fer Aarh wvre on The
average VITA she corresponding month
I ia other Years. ami yef there was no iu7-
! QraVement in TIRE condition ~ the treas
u~y. excepting what wss brought about
ty forcing a balance az TIE cud u thu
saonth. The available ash baIan-c on
'ae first % Nareh VAS SIS7 ~. 81 wAi,h
! tst been reduced up e. last night 90 yS5.-
$40 al Ard * shoAii r. rer1erubere4 tha.
+ all 90 that fsoGey IS the ovoceesis 81 bonds
SAFES AZ TIE same tleae, appropriations
are held ue."
TIE great <s0 tr tae price % sugar
A makes she ,.seaue from that source very
uiEA smaller than Secretary Carlisle aa-
t3--astei. A. ere pT3ce ~ sUGar now the
5 same Ne.Arav - lHportaticn as in tAe vear
'>1 would produce s-s.sstso OF rvrsuas
tar the nsca5 Hesr- Rs compared wi;h Sc
. rrNtafv EaTl3s5e's estimate % So 80 gsC
+ Faa1 Is alant as nesT curr@ct az tae secre-
tArE has E0t with anY - bis estimates
& lt IS euttreiE clear that TIRE sxpeeta tioa
( cf 3 large 81 rressr 81 rse rFvT-tae In tie
gfNt few uaoatas frcs1 sugar wiII not %
reali4s-1. The sawe th!ng rs frse 81 the
; inevrae Sax. ama tae Increasing adverse
/ ea3snce % trade makes matters al tAs
> verse.