The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-27

The Tariffs Of 1880 and 1884 Contrasted-
The total receipts under the tariff act Of
lSyi for the first twenty-five months OF its
enforcement from September. lisa 10
June. 1885. We're S557.6l5.S2S and the ex-
pendttures S5Al, flS253, or a deficiency OF
SSZ.s0S,035. The decrease in our exports
OF American products and manufactured
during the drSt fifteen months Of the
present tariff. as cOntrasted with the
exports Of the first fifteen months of the
tarim Of 1890 was S220. 353. 320 The excess
or exports over imports during the first
fifteen months OF the tariff of 1890 was
szlS,sl2,96S, but only $50 75S. 633 under the
nrst fifteen months OF the tariff OF 1924.
loss under the latter of Sl57. PASS. The
net loss in the trade balance Of the Unit
ed States has been 1886 9S3. 607 during the
nrst ntteen months operation OF
the tariff Of 1894 as compared with the
nrst fifteen months of the tariff of 1890.
The loss has been large, constant and
steady at the Iate Of S13, $50 900 per month, or
$4,000 for every business day Of this
year.
Losing in Both Directions.-We have
either been sending too much money out
OF the country or getting too little in. or
both. We have lost steadily in both direc-
tons. our foreign trade has been dimin-
ished and our domestic trade has suffered
lncalculable loss. Does not this suggest the
cause Of our present depression and indi-
cate its remedy? Confidence in home en-
terprises has almost wholly disappeared.
Our shops are closed. or running on half
time at reduced wages and small profits,
if not actual loss. Our men at home are
idle and, while they are idle. men abroad
are occupied in supplying us with goods.
Our unrivalled home market for the far
mer has also greatly suffered because
those who constitute IT., the great army
Of American wage-earners are without
na la ,es-lr~
If they cannot earn, they cannot buy prod
ucts. They cannot earn if they have no
employment, and when they do not earn
the farmers home market is lessened and
impaired, and the loss is felt by both pro-
ducer and consumer.
The loss of earning power alone in this
country in the past three years is suffi-
cient to have produced our unfortunate
business situation. If our labor was well
employed, and employed al as remunera-
tive wages a S in 1892 in few months ev
cry farmer in the land would feel the
glad change in the increased demand for
his products and in the better prices which
he would receive.
Not Open MINIS, But Open Mills.-It is
not an increase in the volume of money
which is the need of the time, but an IN
crease in the volume of business. Not
! an increase of coin, but an increase of
/ confidence. Not more coinage, but more
/ active use of the money coined. Not open
minis for the unlimited coinage of the sill
veS of the world. but open mills for the
/ full and unrestricted labor of American
workingmen. The employment of our
l minis for the coinage of the silver of
/ the world would not bring the necessities
/ and comforts Of life back to our people
/ This will only come with the employ
/ ment of the masses and such employment
/ is certain to follow the establishment
] of n y1yfea WI
/ encourage manufacturing at home.
/ Protection has lost none of its virtue
and importance. The first duty of the
republican party, if restored to power in
the country, will be enactment of tariff
] law which will raise all the money neces-
sary to conduct the government economi-
cally and honestly administered, and so
adjusted as to give preference to homo
manufacturers and adequate protection
/ to home labor and the home market We
| are not committed to any special sche~
dulles or rates of duty. They are and
should be always subject to change to
meet new conditions. but the principle up
on which rates of duty are imposed re-
/ mains the same. Our duties should always
/ be high enough to measure the difference
between the wages paid labor al home and
in competing countries, and to adequately
| protect American investments and
/ American enterprises.
ers have been hurt by the changes in our
tariff legislation as severely as our labor
ers and manufacturers, badly as they
| have suffered. The republican platform
wisely declares in favor of such encour-
agement to our sugar interests AS will
| lead to the production on American soil
| of all the sugar which the American peo-
pie use." 1t promises to our wool
! and wooden interests 'the most
/ ample protection" guaranty that
i ought to commend itself to
every patriotic citizen. Never was a more
| grievous wrong done the farmers of our
! country than that so unjustly inflicted
1 during the past three years upon the wool
1 growers of America. Although among
our most Industrious and useful citizens,
/ their interests have been practically de-
| stroyed and our wooden manufacture in
| volved In similar disaster At no time
within the past thirty-six years, and per-
/ haps never during any previous period,
! have so many of our wooden factories been
| suspended as now. The republican party
i can be relied upon to correct these great
/ wrongs, if again entrusted with the con-
troll of congress.
Observation-Disclosures declaration of the
republican platform, that has my most
1 cordial support, Is that which favors reci-
/ procity The splendid results of the reci-
procity arrangements that were made I'M
! der authority of the tariff law of 1890 are
striking and suggestive. The brief period
! they were in force, in most cases only
| three years, was not long enough to thor
oughly test their great value, but suf-
ficient was shown by the trial to conclu-
! sively demonstrate the Importance and
/ the wisdom of their adoption. In 1892 the
export trade of the United States attain
/ ed the highest point in our history. The
/ aggregate of our exports that year reach
ed the immense sum Of S1O30, 278 las, a
sum greater by 10000 than the ex-
ports of any previous year. In 1893, owing
/ TO the threat of unfriendly tariff legisla-
ton, the total dropped to $847, $50, 1874. Our
exports of domestic merchandise de-
creased $3.50 100000. but reciprocity still Sc
/ cured us a large trade with Central and
/ South America, and a larger trade with
! the West Indies than we had ever before
enjoyed. The increase of trade with the
! countries with which we had reciprocity
agreements was $3,560,515 over our trade
/ in 1892. and s16440,721 over our trade in
1891. The only countries with which the
/ United States traded that showed in
creased exports in 1898, were practically
those with which we had reciprocity
! a grpements