Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1895-09-19

has no direct relation to the first, but it
may explain to some degree the unusual
prosperity Of the people of European
countries II reads thus
"In August last the imports exceeded
the exports by $15, 100. In August 1894,
the excess of exports over imports was
50 O7g 075. During the eight months ended
August H. 1895, the excess of imports over
exports was $50, 500, 51S while the excess of
exports for the corresponding period of
the preceding year was S64,177,257
1t will be remembered that the new tar
if went into effect in August, 1894, so that
allowing for the few months necessary
for new measure to make itself felt the
present tariff law has been in practical
opera ton during the period included in the
report of the chief of the bureau of Statis-
tics in this instance, and no one will have
the hardihood to claim that his report is
made on a partisan basis. 1t is also to be
borne in mind that the period extending
from November 1892 to August 1894, repre-
sents years of uncertainty as to whether
any one article in the whole list was to be
made entirely free or partially so, accord
ing to the threats and promises Of the
democratic leaders and newspapers
After their threats had eliminated in the
present tariff law our imports began to IN
crease just as republicans said would be
the case, and during the eight months
ended August 81. according to the gov
ernments own report the balance of trade
has been turned against us by over $780,
OOO. 900, or sum equal to what should be
the reserve of gold in the national treas
ury.
Two additional signs of the times we
find mentioned in a single issue of the
mugwump Springfield Republican. one
graph reads as follows:
"The Golden club is getting into shape
| to furnish campaign material for the Nc
/ Kinleyitcs in next years campaign. and
/ has made a pretty good start in that d!-
/ rection already At its annual meeting in
London the other day, the president in his
| annual address congratulated the club on
! the generally satisfactory advance Of free
/ trade ideas in all commercial countries
especially in the United States, and
! claimed considerable degree of the credit
for this state of things for the club"
The second paragraph taken from the
| columns Of the Republican shows that il
spite of the satisfactory advance of free
trade ideas" in the United States, and the
enactment of a tariff law calculated tC
lower prices, some prices have advanced
1t reads thus:
"Thc steel rail combination is also a
work. the price of rails having just beer
advanced 81 a ton to SIS in the East anJ
500 in the Wcst-a total advance for tht
year of about 81 a ton. good part o
this is necessitated by the advance in thu
prices of iron and steel"
If foreign mills can come in and taxi
advantage Of the increase in prices as thu
Republican shows in connection with Thu
statement quoted above it will no
comfort Amer.can iron laborers to an.
material extent for democratic newspa
pers to show that the market for product
of iron and steel is looking up. 1t vii
make very little difference to our working
men whether the price is increased 81 o
SO so long as the whole sum goes to
foreign manufacturer and to foreign la
Dor. In the meantime what becomes o
the free trade claim that the tariff is ia
upon the consumer
Ii is plain that the new tariff law is re
sponsble not only for increasing the pros
perity of foreign manufacturers and for
egn labor at the expense of American in
dustries and American labor, but also 70
helping to create an enormous and cor
stantly increasing deficit according TO tn
t administration own report, and thus IL
huencing creditors to raid our gold re
= serve. These are only few of the man
= signs of the times Of similar significance
y and they are so plain that every INTEL
e gent man ought to be able to read thel
q rit