Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-08-27
M'KIALErs LETTER OF AccEpTANccE.
Continued from First Page)
s'My Tariff"

''My Tariff"
The total receipts under the tariff act
of 19g4 for the first twenty-five months
of its enforcement, from September,
1894, to June, 1896. were 1851, 6l5,3 and
the expenditures $64O, AIS S63, or a de-
fciency of $50, 500, 035. The decrease in
our exports of American products and
manufactures during the first fifteen
months of the present tariff as con-
trasted with the exports of the first fif-
teen months of the tariff of 1890 was
1920, 353. 800. The excess of exports over
imports during the first fifteen months
of the tariff Of 1890. was $213,97296S, but
only s56 75S.623 under the first fifteen
months of the tariff of 1884, loss under
the latter of $157 ,214,S45. The net loss in
the trade balance of the United States
has been $f96, 9S3, 607 during the first
fifteen months operation of the tariff OF
1894, as compared with the first fifteen
months of the tariff of 1890. The loss
has been large, constant and steady, at
the rate of $13, $780, 900 per month, or $oOO,-
600 70, every business day of this 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
depression and indicate it's remedy? Con
fdence 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
lnen at home are idle, and while they are
idle men abroad are occupied in supply
ing us with goods. Our unrivalled nome
market for the farmer has also greatly
suffered because those who constitute II
the great army of American wage
earners-are without the work anu
wages they formerly had. If they can
hnX
ducts. They cannot earn II they nave
| no employment, and when they 90 not
| earn the farmers home market is leSseh-
ed and impaired and the loss Is felt by
both producer and consumer. me 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 well en-
ployed, and employed at as remuneratlVe
wages as in 1892, in a few months every
change in the increased demand for ms
products and in the better prices winch
he would receive.
Got this Off Before, Major
1t is not an increase in the volume oA
money which is the need of the times,
but an increase in the volume or pusl-
ness. Not an increase of coin, but an M
crease of confidence. Not more coinage,
hut a more active use of the money CONS
| ed. Not open minis for the unlimltea
| coinage of the silver of the world, pu.
open mills for the full and unrestrlcteu
| labor of American worklngmeh. Inc eiH
ployment of our minis for the coinage 81
| tbe silver of the world would not bring,
| the necessities and comforts or HE pafh
| IN orr people This will only come WITH
| the employment of the masses, ana sucn
employment is certain to follow the re-
establishment of wise protectse pon-
| lev. which shall encourage manuIactur
ing at home Protection has lost none "
| its virtues and Importance. Inc nrS I
duty of the republican party, II restorso
to power in the country VIII De the en-
actment of tariff law which Will ra5se
all the money necessary to conduct tne
government economically and honestly
administered, and SO adjusted as 10 give
preference to home manufacturers anu
adequate protection to nome Hpor auo !,
the home market. We are not committeo
IN any special schedules or rates OF outy
Thev 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 au7
| Ties should always be high enough 70
measure the difference petWeen ti.e
| wages paid labor at home and IN Compel
| ing countries, and to adequately protect
| American investments and American en-
| His Heart Bleeds for the Farmers.
| Our farmers have been hurt by the
changes in our tarl1f legislation DIS seVele-
| lv as our laborers and manufacturers,
| badly as they have suffered. The repuo-
| Ican platform wisely declares In favor
| of such encouragement to our sugar IN
| terests "as will lead to the productlon on
| American soil of all the sugar which the
| American people use.' 1t promises to
| our wool and wooden. interests "the most
| ample protection" a guarantee ina
| ought to commend itself to every patriotic
| citizen. Never was a more grleVous
| wrong done the farmers of our country
| than that so unjustly inflicted during the
| past three years upon the wool growers
| of America. Although among our most
| Industrious and useful citizens, their in
| terests have been practically destroyed
| and our wooden manufacture Involved IN
| similar disaster. At no time within the
| past thlrty-six years, and perhaps never
| during any previous period, have so
| many of our wooden factories been sus-
| pended as now The republican party
| can be relied upon to correct these great
wrongs if again intrusted with the con-
| troll of congress.