Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1896-09-03

Sucl needs, Dut II mas cduSeu II cohsldne W.
~1ciency in the treasury and a steady deple-
ton in the earnings OF labor and land: 1T mas
contributed to swell our national dept more
than $500 600, 600, a sum nearly as great as
the debt from Washington to Lincoln, IN
Guiding all our foreign wars from the revo,-
luton to the rebellion. Since its passage work
at home has been diminished, prices OF agri-.
cultural products have fallen, confidence has
been arrested and general business demor-
aliZation Is seen on every hand.
The total receipts under the tarin act or
1894 for the first twenty-five months
Of its enforcement; from September.
SIS an I'D tn; 1"ne' exp 1sSSl wsre se4S Ss s4is' sss,
or a deficiency Of $50. SOB ,035. The decrease
In our exports of American products and
manufactures during the first fifteen months
exports of the first fifteen months of the
tariff in 1890. was 1920, Sa3,32o. The excess
of exports over imports during the first hf-
teen months Of the tariff Of 1890 was S213.-
fifteen months Of the tariff Of 1894. a loss
under the latter OF S157, 214. 345. The net
loss In the trade balance Of the United States
has been S196, 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. con-
slant and steady, at the rate Of $l3. 100. 600
per month. or 100000 for every business
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
both directions. Our foreign trade has been
diminished and our domestic trade has suf-
fered incalculable loss. Does not this suggest
the cause Of our present depression. and in
dictate Its remedy? Confidence In home en-
terprtses has almost wholly disappeared.
Our shops are closed, or running on half
time at reduced wages and small profits, II
NOT actual loss. Our men at home are idle
0nH MI Tho - nj nhrnnJ - M
cupied In supplying us with goods. Our UNI
rivaled home market for the farmer has also
greatly suffered because those who constitute
1.-THE great army Of American wage earn
ers--are without the work and wages they
formerly had. IL 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 lessened and Impaired, and the loss Is
felt 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-
munerative wages as in 1892, in a few
months every farmer in the land would feel
the glad change in the increased demand
for his products and In the better prices
which be would receive.
Open Mills, Not MINIS.
1t Is not an increase in the volume OF mon
ey which Is the need Of the time, but an In
crease In the volume of business. Not an in
crease of coin. but an increase of confidence.
Not more coinage, but a more active use Of
the money coined. Not open mints for the
coinage Of the silver Of the world,
but open mills for the full and unrestricted
labor OF American workingmen. The EN-
ployment 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 come with the en-
ployment of the masses, and such emplov-
ment is certain to follow the re-establish-
ment OF a wise protective policy, which shall
encourage manufacturing at home. Protec-
ton has lost none Of its virtue and import
ance. The first duty of the Republican
party, II restored to power In the country,
Will 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
should always be high enough to measure
the difference between the wages paid labor
at home and In competing countries. and to
adequately protect American Investments
and American enterprises.
Our Farmers and the Tariff.
Our farmers have been hurt by tho
changes In our tariff legislation as severely
as our laborers and manufacturers, badly "a
they have suffered. The Republican nlat.
form wisely declares In favor of such encour-
agement to our sugar interests .'as will lead
to the production on American soil Of all the
sugar which the American people use" It
promises to our wool and wooden interests
the most ample protection" a guaranty
that ought to itself to every patrf-
otto citizen. Never was a more srievous
wrong done the farmers Of our country
than that so u~njustly inflicted during the
past three years upon the wool growers OF
America. Although among our most indus
trious and useful citizens. their interests
have been practically destroyed and our
wooden manufacturers involved In similar
At no time within the past thirty
six years. and perhaps never during any
previous period. have 80 many Of our wooden
factories been suspended as now. The Re-
publican party can be relied upon to correct
these great wrongs II again Entrusted with
the control Of Congress.
Reviews Reciprocity Plank.
Another declaration Of the Republican Mat.
form that has my most cordial support IL
that which favors reciprocity. The splendid
results Of the reciprocity arrangements thai
were made under authority Of the tarir law
Of 1880 are striking and suggestive. Thu
brief period they were in force, In most
to thoroughly test their great value. but suf-
dcient proof was shown by the trial to con-
clusively demonstrate the Importance and
the wisdom OF their adoption: In 1892. the
the highest point In our history. The aggre-
gate OF our exports that year reached the Inn.
mense sum Of $1,O30, 276, 148. a sum greater
by 500, 10000 than the exports Of anv nre.
vlous year. In 1893, owing to the threat ~
tariff legislation, the total doom
ped to s647 ,665, 1914. Our exports OF domes.
tic merchandise decreased $3.50, OOO, 600. but
reciprocity still secured US q larger trade
with the West Indies than we had ever be-
fore enjoyed. Thu increase of trade with
the countries with which we had reciprocitv
agreements was $780, SIS over our trade In
1852, and SIG, 721 over our trade In 1891.
The only countries with which the United
in 1893 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 was
phenomenal. In 1891 we sold that countrv
but ia, AL barrels OF -four; In 1892, 36G TX.
in 1898. SIG, 400; and in 1894, 622. 24s. Here
was a growth Of nearly 800 per cent. while
our expectations Of -four to Cuba for the wear
ending June 80, 1895, the year following the
repal OF the reciprocity treaty, fell to 319. SIG
barrels. a loss Of nearly half our trade with
that country. The value OF our total ex-
ports of merchandise from the United States
to Cuba In lS91-the year prior to the nego-
tiation Of the reciprocity treaty-was So.
157. 89S; in 1894, $50, 125. 321; but In 1893 NJ.
ter the annulment of the reciprocity agree.
ment. It fell to only $12.6S7 .06l. Many sim.
liar examples might be given Of our Increased
trade under reciprocity with other counfries
but enough has been shown Of the efacacv
OF the legislation Of 1890 to justify the sneedy
restoration OF Its reciprocity provisions II