Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1896-09-03

OF revenue SUFFICIENT to supply tie needs OF
the government It has at no time pro-
vided enough revenue for such needs, but
1t has caused constant deficiency in the
treasury and steady depletion in the
earnings Of labor and land. 1t has con-
tributed to swell our national debt more
than s262, 900, 600, sum nearly as great rs
the debt OF the government from Wash
ington to Lincoln, including all our for
eign wars from the Revolution to the re-
bellion. Since it's passage work at home
has been diminished, prices of agricul-
tural products have fallen, confidence has
been arrested, and general business de-
moralization Is seen on every hand.
The total receipts under the tariff act Of
1894 for the first % months of its enforce
ment from September, 1894, to June, 1896,
were 1857, GIG, S2S and the expenditures
500, 41S, 1858, or q deficiency Of $S2, $685.
0S5. The decrease in our exports Of Ameri-
can products and manufactures during the
first ID months Of the present tariff rs con-
trasted with the exports of the first 10
months Of the tariff of 1890 was $780,
$50, $50. The excess of exports over i'm
ports during the first Is months Of the
tariff of 1890 was S21S, 972, 96S, but only
$50, T5S, 62S under the first Is months of
the tariff Of 1904, loss under the latter of
S157,e14,845. The net loss in the trade
balance Of the United States has been
$196, 9S3, 6o7 during the first Is months
operation of the tariff of 1894 as compared
with the first Is months Of the tariff Of
1890.
The loes has been large, constant and
steady at the rate of s13, 1870, 900 per month,
or $500, 900 for every business day Of tho
year.
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 incalculable loss. Does not
this suggest the cause of our present de-
preston and indicate its remedy Conf
dence in home enterprises 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 IRE occupied in supplying
| us with goods Our unrivaled home mar
ket for the farmer has also suffered greatly
because those who constitute 1.-THE great
army Of American wage earners-are with
out 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 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 sufficient to have produced
our unfortunate business situation. If our
labor was we'll employed, and employed at
as remunerative wages as in 1892, in q few
months every farmer in the land would
feel the glad change In the increased de-
mand for his products and in the better
prices which he would receive.
Open Mills, Not Open Mints.
1t Is not an increase in the volume Of
money which Is the need Of the time, but
an increase in the volume Of business;
not an increase Of coin, but an increase
Of confidence; not more coinage, but
moro active use Of the money coined; not
| open nints for the unlimited coinage of
the silver Of the world, but open mills for
the full and unrestricted labor Of Ameri-
! can workingmen.
The employment Of our minis for the
| coinage Of the silver Of the world would
not bring the necessaries and comforts Of
life back to our people. This will only
comewith the employment of the masses,
the establishment of wise protective
policy which shall encourage manufactur-
ing ut home. Protection has lost none of
its virtue and Importance The first duty
of the Republican party If restored to pow
er in the country will be the enactment of
tariff law which will raise all the money
necessary to conduct the government,
economically and honestly administered,
and so adjusted as to give preference to
home manufactures and adequate protec-
ton to home labor and the home market
We are not committed to any special sched-
ules or rates Of duty They are and should
be always subject to change to meet new
| conditions, but the principle upon which
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 compel
ing countries and to adequately protect Amer
lean Investments and American enterprises
Our farmers have been hurt by the changes
in our tariff legislation as severely our Ia
borers and manufacturers, badly as they have
suffered. The Republican platform wisely de-
clares in favor OF such encouragement to our
sugar interests 'as will lead to the production
on American soil Of all the sugar which tho
American people use."
The Principle Of Reciprocity.
"the most ample protection" q guarantee
that ought to commend itself to every patriotic
citizen. Never was q more grievous wrong
done the farmers of our country than that SO
unjustly inflicted during the past three years
upon the woolgrowers of America. Although
among our most industrious and useful citi-
zens, their interests have been practically de-
stroyed and our wooden manufacturers in.
volved in similar disaster. At no time within
the past @ years and perhaps never during
any previous period have SO many Of our WOOL
en- factories been suspended as now. The Re-
publican party can be relied upon to correct
these great wrongs if again intrusted with the
control of congress.
Another declaration Of the Republican plat
form that has my most cordial support is that
which favors reciprocity. The splendid results
of the reciprocity arrangements that were
made under 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 thoroughly test
their great value, but sufficient was shown by
the trial to conclusively demonstrate the inn
portanoe and the wisdom Of their adoption.
In 1892 the export trade of the United States
attained the highest point in our history. Tho
aggregate Of our exports that year reached the
immense sum Of q, $50 27s. l4s, q sum greater
by 800 00o, 900 than the exports Of any previ
Gus year. In 1888, owing to the threat OF I'M