The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1895-09-20
PAW PAW. MICH. SEPT. 20, 1895.

The net export OF gold from the
United States since January /, 1894,
is $40, 470,S00 most of which has
gone to England, and all of which
ought to have been kept at home.
Disguise it as we may, the real
truth of the matter is that we have,
under this Observation-Disclosures
if for revenue -only administration,
bought about $120,000,000 of i'm
ported goods that ought to have
been manufactured in America, and
have had to send our gold over
to Johnny Bull to pay for them. Of
course, we have the goods, but Mr.,
Bull has the gold. Had those goods
been made in the United States in
stead of in England, we should have
had the goods just the same-and
also the money. The situation is so
simple that even a child ought to un-
derstand it, and the wayfaring,
though a simpleton, need not err
therein. When we trade with for
eign nation we exchange our money
for its wares. We may, perhaps,
get good value, but we, as people,
have only the wares. When we
trade with our own citizens-and
American competition has usually
given us as good value as we get
abroad, often better-we, as a peo-
pie, have both the wares and the
money. See? But freetraders say
this is not fair proposition; that the
ultimate results of trading with
foreign nation really amount to an
exchange of manufactures, that they
take our goods and we take theirs,
which is true to certain extent,
but how about that $l20,000,000 of
gold that we have sent abroad under
the present low tariff regime? We
have bought more than we have sold
and that immense sum of gold has
simply gone to pay the balance of
account in favor of our creditors.
Such state of affairs is very salts
factory to John Bull, but not to
Uncle Sam; it tends to the enrichment
of our British cousins, but it equally
tends towards our own lmpoverish-
menG. The plain duty of the new
congress will be to give the country
tariff that will afford sufficient rev.
enue to run the government and, at
the same time, protect American in
dustry. Given such tariff and the
drain of gold will cease, the cry of
hard times will no more be heard,
the curse of adversely will be re-
placed with the blessing of prosper
ity, the clamor about the currency
of the country will be speedily allay-
ed; the people will once more be con-
tented and happy and will care little
about the kind of money they have,
be it paper, silver or gold; green
backs, treasury notes, bank bills or
coin. Yes, congress should, and we
believe it will, act speedily in this
direction. Possibly, Mr.. Cleveland
would veto such bill, but we think
not. 1t will not of course, be framed
according to his theory, but it will
be a condition, and not theory that
confronts him. And if he should
veto such measure, the responsibility
will be with him and not with the
republican congress. The country
is not perishing for free silver at the
ratio of sixteen to one-or at any
other ratio, for that matter-but it
is suffering, and suffering sadly, for
protection to American labor and
protection to American industry, and
for lack of sufficient revenue to meet
current expenses, all of which can
be remedied, and only remedled, by
proper tariff Legislation along the
line of republican precedent and re-
publican precept.