Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1897-03-25
4 prn 60 rnrosss. rr..,s.

otEef nbfes dFe tne specfu ba6i6 OF the |
textile industries; sulphuric acid OF |
many chemical industries. and so on.
| The nation that gives these materials
| untaxed to IFS manufacturers and work
| ingmen insures for their products not
only larger home consumption. but
great advantage in the competition for
outside markets. The nation that taxes
these materials Of industry lcgislates in
| the interest of foreign manufactures
and for the protection of foreign labor.
ers against its OVID.
IL ia very erroneous and selfish
claim that the removal or reduction of
duties on iron orc, coal and wool aud
other like articles is chiefly for the
benefit OF those who manufacture our
iron. steel, wooden and other fabrics.
Every enlargement OF his sources OF
supply OF raw materials. every impedi-
ment OF taxation or otherwise removed
between him and that supply, does
primarily help the manufacturer, but
passes quickly and inevitably, under
fair competition, to the consumer, who
very soon gets more benefit than ut first
appears, because with the rapid widen
ing OF his markets the producer is abIs
to sell at closer profit, while all the
| time finding employment for more labor.
claim that a removal Of duties on such
necessaries of industry will In the long
run iDfiict any real loss on those who
produce them in our own country. The
increase in the number OF home con-
sumers, the enlargement of foreign
markets, the accompanying growth in
the internal commerce and in tie carry
ing trade OF our country, guarantee a
market for all OF these thiDgs that will
quickly outstrip anything they could
have under the protective system.
That all this is not mere theory is
clearly proven by the experiences OF
every country that has proiitahly shared
, in the commerce OF the world, or sue.
ressfully aspired TO any share in its
manufacturing supremacy. Nations
| to-day hold the lead in tina production
, OF articles whose basic materials they
gather from distant lands. But our own
country and our own experience under
the present tariff law amply confirm the
soundness of these economic truths.
MIR. Wilson also called attention to
the baseless character of the claim that
the present business depression is due
to an invasion of our markets by for
, eign products, let in under the tariff,
: and displacing American products For
the eight months of this fiscal year.
, ending with February, he shows our
domestic exports have been SIZE, 600, 600
, as compared with $3.50, 600. 600 for the
J like period OF 1896, while our imports
D have been s+22, COO 600, as compared
5 with s54l, 600. 600 for the like period
; of 1896, or the unprecedented showing
of s3l2, 600. 900 excess of exports In
, eight months OF 1897, as compared With
: SCI, QUO, 900 for the same eight months
=. Of 1896.
This splendid showing ought to prove
: conclusively that to enact a restrictive
Tariff bill at this time, and thus utterly
d dispel this handsome balance of trade
/. in our favor, would be folly run wild
|. These figures OF themselves should bt
d sufficient to restrain Congress from
10 such course.
J. Former President Andrew D. Whit,
+ Of Cornell University,a noted authorit,
y on International Law, in an address de
y livered in New York City, said:
z In international law there has heeI
70 for several generations, and there i
m still going on. steady evolution o
, righteousness, justice and mercy. Wai
: has been rendered lass and less cruel
ls less add lees far-reaching in its evils
and now in our own times has bee
u evolved in better form than ever befor
le the principle of international arbitra
NO tion. Here, happily, our own countr
:. has taken the lead Not unlikely tn
p future historian will paint to th
es Alabama Claims Arbitration betwee
Ak our own country and Great Britain a
10 the greatest thing 10 the career {
~ President Grant and tho Venezuela
=. arbitration as the greatest triumph i
Ut the career of President Cleveland. an
ga the framing OF general arbitratio
fit treaty as tho greatest feature in tn
o. history of our republic.
CO This ia true, but the desired culm
10 nation will not come to pans il th
lingo Senators eau have their way
ms Fortunately, however, the indication
I'd are that they are now in hopelel
,rs minority.
u, Under protective tariffs there b,
I'd been work and good wages. but undl
IN tariffs Designed 10 increase importation
ne there have hsen idleness aud sufTerin,
~ -AuuIuIHAs NcNs'
Indeed? And yet the country sti
has lively recollection of one of Il
ro' worst panics over known-that of IS
which prevailed during tho reign
CIV u high protective tariff. 1t lasted 81
oil years. and during that time thousanr
IN of msn roamed tho country, vain
me seeking employment. In those di
les tressing days good mechanics in Wi
or mington fairly fought for the privie
of working as laborers upon Cool Spril
! a reservoir, then in course of coustru
de- ton. Certainly tho facts aro absolute
'fy against the assumption that high tart
or are sure producers of good times al
I'M good wages.
ON --s-----
,nh Silver Monday advanced 81 to 15c
ioo price on the announcement that VIII
tod Japan has adopted the gold standard
can will not sell it's 50, 600, 600 of sily,
rhn but retain it for subsidiary col
la There was fear that this silver won
,n; be thrown on tho market. This sho
IN how tiuctuating in value silver is a
nv how sensitive to trade conditions.
hi, is an unerring indication of what 70