The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-02-22

it to a degree that will sweep the
country next year and in 1900. Sound
money Democrats will not again make
such sacrifice as they did last year,
if there is to be no currency reform.
Better plunge into f1atism and have
it over than to be perpetually hanging
on the verge Of it.
LIGHT BREAKS IN PENNSYLVANIA.
The students Of the university of
Pennsylvania must have wondered
what this old world and it's old notions
were coming to as they listened to
the talk Of A. E. Outerbridge, Jr., who
addressed them on the future of Amer
lean industries the other day. If we
are not mistaken that university is the
only one whose professor of political
economy teaches the PENNSYLVANIA
doctrine Of getting rich by taxation Of
foreigners, and it is fair to assume that
the students are we'll grounded in the
tenets and dogma of that faith. So
when this man from the shops stood up
before them and told them bluntly that
"our manufacturing industries have
oUtgrown their swaddling clothes. and
nave, In some instances become giants
in stature, of Herculean strength. and
are prepared to go forth and conquer
IN the impending peaceful battles for
the of bo
90 this they must break away from
the leading strings of the good mother
government that "o1-. industries have
now reached this period of adolescence.
or even of full vigor, and are well arm
ed and prepared to explore new lands
and to conquer new territories" one
can imagine their amazement.
He smOOthed them with the assur-
ance that there are still not a few
manufacturers who would today" sur
round this country with a Chinese wall
for the purpose Of excluding the possf-
bility Of entrance of rival manufacture
ed products" but shook them up again
with the conclusion that "of course.
thereby incidentally, preventing the
export Of our own manufactures 70
new markets." But he did not rest
with assertions. He went into detail
to show these young men why not only
should no Chinese wall be built but
why no wall at all is needed. The
stimulus given by protection has led to
improving facilities for production until
home capacity has outstripped home
consumption" There must be further
curtailment Of production or enlarge
ment Of markets. The increase in ex-
ports Of manufactures indicates that
manufacturers are already finding
larger markets. 1t is not only these
sales In foreign markets that demon
strate their ability to compete, but that
has been shown in a far more conclus-
i've manner. Within the past few
years, he told them, several large man.
ufacturers, impressed with the fallacy
of cheap labor, have established BRAN
cheS of their works in different parts
Of Europe, equipping them with the
same labor-saving tools used here and,
as far as possible, using the same sys-
tenn Of management. To their surprise
they found that they could not pro-
as they could in the home plant; the
cheaper labor brought forth a more ex-
pensive product.
Then he went into detail, giving the
cost of production; showing how, in
two years, the experimental shipment
Of 250 tons Of Alabama iron to Eng
land had resulted in orders that could
not be filled for lack Of ocean freight
age; how pig iron from American mills
had been shipped to Liverpool, Rotter-
dam, Vienna, Genoa, Trieste and Yo-
kohama; how iron furnaces had been
improved from capacity Of thirty
tons day to 572 in Carnegie's latest;
how ore is mined on the Mesaba range
at a cost of less than twenty cents 2.
ton, where 1892 tons of ore were
taken out last year with three steam
shovels with one Of them idle half the
time, and how our exports range from
pig iron, requiring the lowest class of
unskilled labor, to Walthan watches.
using the highest and most costly
''Labor-saving machinery, supervised
by intelligent, highly paid labor, where
by the productive capacity Of each en-
ploye was enormously increased and
the unit cost Of product proportion
ally decreased" is the secret, he told
them, of conditions today which maks
our manufacturers the leaders of the
world and sweep away all need Of
further protection.
Instancing these results Is the loco
motive, formerly estimated to cost ST.
600 ton, making a 10000 pound engine
cost $4,000. Today 100000 pound loco
motive costs about $4,000. He gave
figures showing that output had been