The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-07-03
FOREIGN TRADE.

e., Manufactures Causes Palm 10 Ce1se IN
ty Orxsns ca
Nothing appears TO give the calam' =,
NV organs so much pain a. the vast IN ss
crease in the exports OF Amercs" al
manufactures under theexisting tarin' J.
Ia attempting to find false explana- !,
ton of this healthy phenomenon Ia
trade the Boston Commercial buiietin'
n rampant organ of tariff spoliauon, :,
saws that If the truth were known =
would probably be found that In many
cases the increase merely represents
the dumping OF surplus product on the
foreign market At = price To get ria Oh
a." This is quite n Hypothetical SEN
,.nce. hut a Commercial Bulletin ought
20 have no great difficulty in ascertain
inv the truth of such q matter. ihere
IL NO doubt that there are instances IN
which surplus products have oeen
shipped abroad at a loss, merely 10 &c.
I'D Of them. IL is one of the curses Oh
III. high tariff system that 1t unnatnr-
aIlv stimulates production beyond the
: demands of home consumption. be-
hind the tariff wall the trusts nave
.ornatimes extorted such high prices
from American consumers that 'ney
.o,Ia afford a loss op small foreign |
shinments. A case in point Is the re-
cen, transaction Of the nail trust with
On. ~ It's customers, who bought nails
on foreign account, sent them ABROAD
"a hrought them back. and SOLD the
caryo Mt A profit for less than the price
!, ~. home market There is no evil
a.ncs however. that the trust SOLD
these nails for export at loss
Rn, IL would he grossly absurd 10
rx.a;eate such exceptional conditions
a. volume of manufactured exports
xb;ch for this fiscal year will amount
20 ,i,,le less than se25 000. 900 in value
tn. official returns of commerce pear
,uple evidence to those who can reao
-, ,h.. these unprece iented exports
= ~ manufactures have been made In the
c course of a growing. healthy and prof.
: s..hrs ,rade Hundreds of manufac-
e ,,-ars have testified that they SOLO
Y their goods in the foreign market 10.
le the same prices which they ootaineo
ir "A, home. Some have testified tnat 'ney
re ATTAINED better prices abroad than -
Is home because the foreign ccmpettiou
IS as not SO keen as that when they Gu
re couutered in the home market Man
n facturers who should export annuali.
~ anv considerable proportion OF
a. 600. 600 of goods at loss would nav
- IN recoup themselves by enormous Pro'
~ ;,< from American consumers or 9
es. out of business
tn Roston Commercial Bulletin RI
i, meats the commonplace, which was
- familiar In the mouths OF the britis
rro,eetiopists a generation ago, tina
- ..os all the markets in the world nor
q. xo GOOD as the home market 4
.~vbodv knows that in the poorest,
en- vel, as in the richest countries the 10
re- ~;rr trade bears but a slight propo
tut 80 20 the bulk OF the domestic
nd. .h.ryeS But the existence OF an OF
boy L., for the surplus products OF an
the dus,rial nation. be they greater
at a less makes all the difference oetwe
OF v,rosperitv and stagnation- When =
his ar,let becomes closed by high tar
lotel in obstruc,ing the supply of raw ma
lad -. ~ nroduction. reaction in dom
hat tic trade is sure to follow at irequ'
re- intervals
and In pursuing its theory that the
his norris OF American manufactures
rise OF small importance the eomner'
ent's Bulletin says that the nrst sni.'ne
ofIeather represented heavy losses
: the til the English tduutiitS
.tioa TO an extent out OF the marKe.
oys: truth is that there was 10
d be the leather trade un',i h'ues -"
,rue on the free list, nearly quarter
add century ago. "nen '"o purr-,,
a,.J in congress were momentarily on-t'
a., guard. So great has been this ooo'
III. American tanneries that the Ia
monrers have not succeeded In res
ING the duty on hides whether
annual experts Of leather be slooou
n, SEQ. 900. 600. they represent the en-
surplus. and thus insure staoiiit.
oeSh the whole trade. The tanners OF
= uh- United states are most fortunat
re N having what the Commercial buii
mem i pleased to call "A dumping gre
'chooi for their surplus" The loss oil
Of the dumning ground by revival OF
OF pa d,,v On hides would be severely
ire nv every branch of this great indu
along The Roston tariff organ Is e
eyoni c.rar,heless. TO witness "a reac
tly re- IN, 81 American manufacturers
and Is ,n.~La,s bevond their borders: a
: the .,rs that 1.-The thing now TO do
niably hola what has been gained" Th'
>, as Is ~. absolute condition in holding
r., for ,-ain and extending the field OF ach
: dear ment. and that is in the mainten
Of the policy OF free raw mate
train. When the raw materials OF produ
MUSES. are taxed the expectation OF u
,bo~. featured goods in competition
exci,e. foreign rivals whose materials arr
.ar;r, Is out of the question. With the
:, - ing Of the outlet for surplus pro
:, under high tariff system stagn
-, In trade is sure to ensue- Inc !"
word or as % '.e -.- ,,n;ch nre sts
3 u. increasing under the present
20 ~ are all free Yet with variant G
listen calamity and "home market
eded 10 tariff spoilers, under the lead
terms Kinley. are rushing once more
d thing .,,i, mon this beneficent pc
,ouid SO Phiiadelphia Record
sorbing
for the RECIPROCITY REPOR'