Herald and tribune. [volume] (Jonesborough, Tenn.) 1869-current, 1896-09-02

rate Of s1s. 100. 900 a month. or $500. 900 for
every business day Of the year.
Losing In Both Directions.
1--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 directions. Our foreign trade has been
diminished, and our domestic trade has
suffered i~ncalculable loss. Does not this
the cause OF our present depres-
sion, and indicate its remedy? Confidence
in home enterprises has almost wholly dis
appeared. Our shops are closed, or run
ming on half time at reduced wages and
small profit, II 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 farmer has also greatly suffered,
because those who constitute 1.-THE great
army Of American wage earners-are with
out the work and wages they formerly had.
II they cannot earn wages they cannot buy
products. They cannot earn II they have
employment, and when they do not
earn the farmers home market is l~essened
and impaired and the loss is felt by both
producer and The loss OF earn
ing power alone in this country in the past
three years is sufficient to have produced
our unfortunate business situation. II our
was we'll employed, and employed at
as remunerative wages as in 1892, in a few
every farmer In the land would
feel the glad change to increased demand
for his products and in the. better prices
which he would receive.
Not Open MINIS, but Open Mills.
I'll is not ali increase IN the volume OF
money which is the need for the time. but
an increase in the volume OF business.
Not an increase of coin, but an increase OF
Not more coinage, but a more
active use of the money coined. Not open
minis for the unlimited coinage q the
silver Of the world, but open mills for the
full and unrestricted labor Of American
The employment OF our
for the coinage OF the silver OF the
world would not bring the necessaries and
comforts Of life back to our people. TINS
will only come with the employment OF
the masses and such employment is GER
tain to follow the establishment Of a wise
protective policy which shall encourage
manufacturing at home. Protection has
lost lone Of its virtues and Importance.
New Tariff Law Promised.
1.-THE first duty Of the Republican party,
II restored to power in the country, will be
the enactment Of a tariff law which will
all the money necessary to conduct
the government economically and honestly
administered, and so adjusted as to give
preference to home manufactures and ade-
quate protection to home labor and the
home market. We are not committed to
special schedules or rates Of duty.
They are and should be always subject to
change to meet new conditions, hut the
principle upon which the rates Of duty are
imposed remains the same. Our duties
should always be high enough to measure
the difference between the wages paid
labor at home and in competing countries,
and to adequately protect American invest
ments and American enterprises.
Our Farmers and the Tariff.
"Our farmers have been hurt by the
in our tariff legislation as sevsyely
as our laborers and manufacturers. badly
as they have suffered. The Republican plat
form wisely declares in favor of sue: en-
enlargement 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 protec-
tion,' a guaranty that ought to commend
itself to every patriotic citizen. Never
was a more grievous wrong done the
Of our country than that SO un-
justly 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 wooden
manufacturers involved In similar disaster.
At no time within the past thirty-six years,
and perhaps never during any previous
have so many of our wooden fac
tories been suspended as now. The Repub-
lican party can be relied upon to correct
these great wrongs, II again entrusted
with the control of congress.
Advantages of Reciprocity.
Another declaration of the Republican
platform that has my most cordial support
is hat which favors reciprocity. The splen-
results of the reciprocity arrangements
that were made under authority Of the
tariff law of 1890 are striking and sug-
gestive. The brief period they were In
lOICc, III InO5t SdoCS OhiJ u ycoiot was
not long enough to thoroughly test their
great value, but sufficient was shown by
the trial to conclusively demonstrate the
importance and the wisdom Of their adop-
tion. In 1892, the export trade OF the Unit
ed States attained the highest point In our
history. The aggregate of our exports that
year reached the immense sum Of 81, $780,
27S, 14S. a sum greater by $500. 900, 900 than
the exports OF any previous year. In 1893,
owing to the threat Of unfriendly tariff leg
~islation. the total dropped to $S47. 665. 1914.
Our exports OF domestic merchandise de-
creased $3.50, 900, 900, but reciprocity still
secured us a large trade In 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 SO. $50. 515 over our trade
in 1892 and $16,440. 721 over our trade in
1891. The only countries with which the
United States traded that showed increased
exports in 1898 were practically those with
which we had reciprocity arrangements.
The reciprocity treaty between this coun-
try and Spain. touching the markets OF
Cuba and Puerto Rico, was announced
Sept. l, 1891. The growth OF our trade
with Cuba was phenomenal. In 1891, we
sold that country but 114.441 barrels OF
-four; in 1892, 6 6,175; in 1893. GIG, 4O6, and
in 1894, 662. 24S. Here was a growth Of
nearly 500 per cent, while our expectations
of flour to Cuba for the year ending June
30, 1895. the year following the repeal OF
the reciprocity treaty, fell to 379, S56 bar
rels, a loss Of nearly half our, trade with
that country. The value Of our total ex-
ports OF merchandise from the United
States to Cuba in 1S91-the year prior to
the negotiation of the reciprocity treaty
was s12, 224. 1888: in 1892. SIT. 953, 579; In 1893.
s24,157 sos; in 1894, s20.12 1921, but in 1895.
after the annulment OF the reciprocity
agreement. it fell TO only $12. 1897, 661. Many
similar examples might be given Of our
increased trade under reciprocity with
other countries. but enough has been
shown Of the efficacy of the legislation OF
1890 to Justify the speedy restoration OF