Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1896-09-04
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not receive the approval Of the President.
act there is confessedly one which it does
not possess. It lacks the essential virtue Of
It's ereationIthe a.. raising Of revenue suficient
has at no time provided enough revenue for
such needs. but 1t has caused a constant de-
nclency In the treasury and a steady deple-
contributed to swell our national debt more
than 1862 OOO,O 600. a sum nearly as great as
the debt from Washington to Lincoln, In
luton to the rebellion. Since its passage work
at home has been diminished, prices Of agri-
cultural products have fallen, confidence has
allzation is seen on every hand.
The total receipts under the tarih act Of
1894 for the FIRST twenty-five months
adssss4 1872. to to June. 1soe We're 9SS5sis:.
q deaelency Of ss2. 2.sos, ,oss The decrease s;sss
manufactures during the frst fifteen months
OF the present tariff, as contrasted with the
n q the st tssn monhs Of the
aoe o. exports % over Imports during the first af-
e7s96s. but only $Ss. .75s e2s under the first
under the latter Of @ @ IS 5st The ioet net
loss IN lne trade en- balance OF the United States
has been S190os3. GOT during the first fifteen
months operation Of the tariff of 1894, MS
compared with the first fifteen months of the
tariff OF 1880. The loss has been large. con-
amd steady At the rate Of
day of the year.
Losing In Both Directions,
We have either been sending too much
money out of the country, or getting too
little IN. or both. We have lost steadily in
diminished and our domestic trade has suf-
fered incalcnlable loss. Does not this suggest
the cause OF our present depression, and In
terprises has almost wholly Disappeared
Our shops are closed, or running on half
time Mt reduced wages and small profits, If
NOT , aclrai .,.li loss Our men ut home are idle
cupied In supplying US with goods. Our un-
rivaled home market for the farmer has also
greatly suffered because those who constitute
ers-are without the work and wages they
formerly had. If they cannot earn wages
they cannot buy products. They cannot
earn II they have no employment. and when
they do not earn the farmers home market
IS lcssened and impaired, and the loss is
ielt by both producer and consumer. The
loss OF earning power alone In the past three
years Is sufficient to have produced our un-
fortunate business situation. If our labor
was well employed, and employed at as re-
months every farmer in the land would feel
the glad chnnge in the increased demand
for his products and in the better prices
which he would receive.
Open Mills, Not Mints.
1t Is not an increase In the volume Of mon
crease In the volume of business. Not an in
crease of coin, but an increase Of confidence.
Not more coinage, but more active use of
the money coined. Not open mints for the
unlimited coinage Of the silver of the world,
but open mills for the full and unrestricted
labor OF American workingmen. The en-
ployment of our mints for the coinage of
the silver of the world would not bring the
ncccssaries and comforts of life back to our
people. This will only come with the EN-
ployment Of the masses. and such employ
ment is certain to follow the re-estabisll-
ment OF Wise protective policy, which shall
encourage manufacturing Mt home. Protec-
tion has lost none of Its virtue and import
ance. The first duty of the Republican
party, II restored to power in the country
VIII be the enactment of a 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 labor and the home mar
ket. We are not committed to any special
subject to change to meet new conditions
but the principle upon. which rates Of duty
are imposed remains the same. Our duties
the difference between the wages paid labor
ut home and in competing countries and to
adequately protect American investments
Our Farmers and the Tariff.
Our farmers have been hurt by the
changes in our tariff legislation as severely
as our laborers and manufacturers, badly MS
they have suffered. The Republican Dlat.
form wisely declares in favor Of such encorr-
agement TO our sugar interests .'as will lead
to the production on American soil Of all the
sugar which the American people use." 1t
promises to our wool and wooden interests
1.-THE onsSt most "a ample
otlc citizen. Never was more grievous
than that SO unjustly inflicted during the
America. Although among our most indus
trious and useful citizens, their Interests
have been, practically destroyed and our
wOolcn manufacturers involved in similar
disaster. AT no time within the past thirty
six years, and perhaps never during any
previous period, have so many of our WOODEN
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.
Reviews Reciprocity Plank.
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 1880 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 suf-
fcient proof was shown by the trial to con-
clusvely demonstrate the Importance and
the wisdom of their adoption. In 1892. the
export trade of the United States attained
the highest point in our history. The aggrc.
mense sum Of 81, ,O3O2 Jas. sum greater
by 100000 600 than the exports of any pre-.
vious year. In 1893. owing to the threat of
unfriendly tariff legislation. the total drop.
ped to SSH 7,6o5, 1o4. our exports Of domess.
tic merchandise decreased $3.50, 600 1000, hut
reciprocity still secured us II larger trade
fore enjoyed. The increase of trade with
the countries with which we had reciprocity
agreements was $3.5GO,515 over our trade in
1892, and $16,44O.721 over our trade in 1891
The only countries with which the United
States traded that showed increased exports
in 1903 were practically those with which we
had reciprocity arrangements. The reel
procity treaty between this country and
Spain, touching the markets Of Cuba and
Porto Rico. was announced Sept. 1, 1891
The growth Of our trade with Cuba wa.
| nhenninenal. In 1901 sold flint 4.n,, tr,