The daily morning journal and courier., 1896-08-27

ing the first fifteen months of the pres
 ent tariff as contrasted With the ex-
 ports of the first fifteen months of the
 tariff of 1890 was $213, ,972 ,986, but only
 $56, 75S, 423 under the first fifteen months
 of the tariff of 1894, a loss under the latter of $157 ,214,64 The net loss in the trade balance of the United States
 has been $196, 607 during the first fifteen months operation of the tariff
 of 1894, as compared with the first fif- teen months of the tariff of 1S90 The
 loss has been constant and steady, at
 the rate of $13,130000 per month, or
 $500, 900 for every business day of this year.
 Losing in Both Directions.
 We have either been sending too
 much money out of the country or get ting too little in, or both, We have lost
 steadily in both directions. Our foreign trade has been diminished and our do-
 mestic trade has suffered in calculable loss. Does not this suggest the cause
 of our present depression and indicate it's remedy? Confidence in home enter
 prises has almost wholly disappeared. Our shops are closed or running on
 half time at reduced wages, and small profit, 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 unrivaled home market for the farmers has also greatly suffered because those who constitute it--the great army of American wage earners--are without the work and wages they formerly had. If they cannot earn wages they cannot buy | products. They cannot earn if they | have no employment, and when they | do not earn the farmers home market 1 is lessened and impaired, and the loss is | felt by both producer and consumer l The loss of earning power alone in this country in the past three years is suf- | ficient to have produced our unfortu- nate business situation. If our labor was employed, and employed at as re- | munerative wages as in 1892, in a few months every farmer in the land would | feel the glad change in the increased demand for his products and in the I better prices which he would receive Not Open Mints, but Open Mills | | of money which is the need of the time | but an increase in the volume of busi- ness. Not an increase of coin, but an ! increase of confidence. Not more coin- l age, but more active use of the money coined. Not open hints for the | unlimited coinage of the silver of the world, but open mills for the full and unrestricted labor of American work ] ingnlen. The employment of our hints I for the coinage of the silver of the world would not bring the necessaries ! and comforts of life back to our peo- 1 pie. This will only come with the em- ploynent of the masses and such en- ployment is certain to follow the re- 1 establishment of wise protective pol l icy which shall encourage manufactur- l ing at home Protection has lost none l of it's virtue and importance. The first
 duty of the republican party, if restored | to power in the country, will be the enactment of tariff law which will raise all the money necessary to con- l duct the government, economically and | honestly administered, and so adjusted as to give preference to home manu- | lecturers and adequate protection to l home labor and the home market. We are not committed to any special 1 schedules or rates Of duty They are and should always be subject to change i to meet new conditions, but the princi- | pies upon which rates of duty are in1- posed remains the same Our duties should always be high enough to meas 1 yIpa "a hot. paid labor at home and in competing | countries, and to adequately protect
 American investments and American 1 enterprises.
 ! Our Farmers and the Tariff,
 1 Our farmers have been hurt by the changes in our tariff legislation as se- 1 verely as our laborers and manufac- | turers, badly as they have suffered. l The republican platform wisely declares l in favor of such encouragement to our 1 sugar interests as will lead to the pro- duction on American soil Of all the su- gar which the American peopel use" It
 promises to our wool and wooden in-
 dustries "the most ample protection,' a l guaranty that ought to commend itself l to every patriotic citizen. Never was a i more grevious wrong done the farmers 1 of our country than that so unjustly l inflicted during the past three years upon the wool growers of America. AL | though among our most industrious
 and useful citizens, their interests have
 been practically destroyed and our woolen manufacturers involved in sim
 liar disaster. At no time within the
 past thirty-six years, and perhaps nev-
 CT during any previous period, have so many of our woolen factories been sus-
 pended as now. The republican party
 can be relied upon to correct these great
 wrongs, if again entrusted with the
 control of congress.
 | Reciprocity
 | Another declaration of the republican 1 port is that which favors reciprocity. | The splendid results of the reciprocity 1 arrangements that were made under authority of the tariff law of 1890 are l striking and suggestive. The brief pe- riod they were in force, in most cases | to thoroughly test their great value, | but sufficient was shown by the trial 1 to conclusively demonstrate the impor- l tance ard the wisdom of their adop- l tion. It was in 1892 that the export | trade of the United States attained the :! highest point in our history The ag-
 gregate of our exports that year reach