The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-06-04
Danger Height {
Fall. *Rise
TIE LOGIC OF III.

We have seldom found more enter
tanning reading than the account of the
meeting at Philadelphia of an interna-
tional commercial conference, with the
address delivered before it by President
Mckinley The speaker is the same
gentleman at whose instance congress
is now in session to impose the sever
est structures upon international trade.
The one idea of his life is that a ma
ton grows rich and prosperous in pro-
portion as it excludes dealings with
foreigners and shuts itself up to doing
business with itself. The avowed pur-
pose of a high protective tariff is to
restrict international trade. Senator
,Aldrich has confessed that such duties
as are contemplated in the new tariff
bill are not revenue producers, and we
must, for the future, look to other
sources for our revenue, leaving to our
customs law the work of protecting
home industry. This is, at least, an in
telligible system of belief and political
C'SNAO44I NV O|f-I GlLII6 luISlllSSHI we
may regard it. Now comes Mr.. Nc
Kinley, who is above all other men in
this country it's exponent and repre-
sentative, and utters cheerful and en-
couraging words to a conference called
In the interest of expanding interna-
tional trade. The logic of the man in
this 9ttit1IHa ic
He says that the interest manifested
in the subject could not have been
awakened save for the existence Of q
deep conviction in the minds of the
people that it will eventually effect per.
manent gains in their commercial rela.
tons. He declares the extension OF
trade to be linked with the prosperity
Of the humblest toiler and the welfare
of every home and Preside" He goes
even more into detail than this in en-.
larging upon the benefits of extending
our markets. Among other gems in
his address is to be found this beauti.
full sentiment: Resting upon business
principles, looking solely to the welfare
of the country at large, benefting 9th.
er nations as we'll as our own, the in.
tent and realization of this worlds in
dustrial object lesson is in accord with
the best spirit Of the age, and worthy
OF the good will and helpfulness OF
every patriotic American"
Benefiting other nations as we'll as OH,
own! What an extraordinary sentence t.
fall from the lips of man whose funda.
mental theory Of government is thai
we can benefit our own nation most b1
injuring others. Wherever you find 8
sincere supporter of protection. moi
merely tool Of the trusts. he must
aver that the purpose of a tariff is f.
keep out the foreign-made commodi.
ties. If it does not do that it does not
protect, and the home market" ,nust
go to the dogs. To do this is to re.
strict international exchange of con,
mod1ties. 1t is reasonable and sim
pie proposition that you cannot have :
commercial transaction that does no
involve two parties. If there is a sell
er, there must be buyer. To extend
the market for American commoditie,
abroad is only another way of stains
that the American market for othe1
commodities made abroad must be OK.
tended CORRESPONDENCE and simultane
ously.
If the growth OF International com.
merce is a good thing; if it benefit,
both parties, as we believe it does: 4
legitimate trade is an operation out o,
which both sides receive a benefit Their
the United States, being a partner IL
it, must buy as much as it sells. Fo,
every dollars worth Of goods that E
high tariff shuts out Of this country. i
cuts off the market for a dollar,
worth Of goods produced in this coun.
try. Nothing is truer in economics. q.
well as in fife, than that you canno
eat your cake and have It too. Yo1
cannot sell without buying. You can
not combine in any one scheme the ad
vantages Of protection and free trade
We wonder that even Mr. MCKINLEY
should attempt this exasperating ant
impossible mental feat. Giving hin