St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1896-04-03

Sherman himself, able man that he
undoubtedly is, is not wholly guilt
less for his share of the country's
momentary dependency. Senator
Sherman might well have listened to
his own words, ut is not worth
while TO bother ourselves now with
what we cannot help. All that we
can do is to inquire how far we have
been right, and to that extent pursue
the right, whether victory or defeat
is the result" and he adds a test;
"The only way is for US to go stead.
lily forward, with a certainty that
public opinion in the end will sus-
tain US if we do substantially right,
and so say we all of us, and appeal
from the senator in his lapses to the
senator in his wisdom. 1t is thank
less task to remind those who dwell
in glass houses of the folly of contin-
ued stone throwing but it is a need
full task, nevertheless, and is heard, if
at no other time, on election day as
Senator Sherman implies. A country
transacting foreign business
amounting to the vast sum of
thirty-three billions of dollars in the
% years elapsing since 1873 can i'll
afford to take injudicious legis-
lative action in relation to
foreign trade. OF this sum two
billion dollars $4,000, 000,000) is
the value of merchandise we sent
away to foreign lands in excess OF
those goods we imported. Such
figures are no justification for over
mcdding with foreign trade. All
the great nations OF Europe, after
the United States the great manufac-
turing centers of the world, contrib
uted the bulk of this excess value to
our pockets, Great Britain leading in
the matter and handing US three dol
lars to our one in the most favorable
years. The best of our goods are
received in foreign lands and given a
due share of credit for mechanical
dexterity. If the ratio of consump-
ton rises all over the world to an
equality with the ratio in this coun-
try, it may safely be assumed that
the hum OF machinery has only just
begun.
The genial secretary of the Home
Market club is of opinion there is nc
foreign market not already glutted
The increment of our foreign trade
to dimensions almost double tbos'
OF 25 years ago would imply SOM
qualification to this statement. TIL,
almost unanimous plea of our consu
lar agents in all parts of the worlc
in Mr.. Harrisons administration
for more persistent effort in market
ing our wares in foreign lands
would seem also to impeach the sec
retary's Judgment. On general prin
ciples it may be deemed quite a
courageous to reach out for MAI
ket among seven hundred millions c
human beings as to rest conten
with a market among seventy mi
lions. Some valorous spirits ther
are in the land who are in sympath
with this idea, and are pressing the
wares upon the attention of otht
people with courage and success
We are prone to lose sight of son
very simple principles in economic
1t is true that discoveries we aCceI
today from the nature of things,
halt century ago would have turnt
the world upside down; for conc
tions were not then suited to the
, reception and maintenance. b
: Col. Clarke has more wisely sal
. IGNORANCE, prejudice or bride
may do for an election, but tn
: settle nothing for long. Somewhe
, on your side or on ours, in all
/ radiant beauty however obscure
= CLEANS the truth. In the intelliger
D and virtue of the people lies the or
d. security of right" On this hi
a plane, whether we will or no, t
o question of our trade with otl
e people will surely rest. And if tn,
# be found some coign of advantage
l. a permanent interchange of co
a modities on something like eqt
d terms, no fat of government,
l. power on earth can stay the PEG
1t from having what they will.